Our daily Melbourne property market updates are written by experienced property commentators, buyer advocates and investment experts. All have their finger on the pulse of the Melbourne property market.
Only rich people can afford to live on Manhattan Island and everyone else lives out in Brooklyn. Sydney is well on the way to achieving the Brooklyn effect. 90% of Australian’s can’t afford to live within 20km of the CBD of Sydney because they don’t earn enough. Read the full report from Rosemary Johnston of The Property Investment Association of Australia Inc. ...
Where are the most affordable suburbs? This week we look at dwelling values across combined capital cities for the most affordable, middle range and expensive suburbs. We also find out the main barriers facing first home buyers wanting to get on the property ladder. ...
Significant changes happening in Melbourne’s property market! Change is afoot, according to the latest findings from Digital Finance Analytic’s household surveys which looks at property intentions and motivations. Find out why investors, in particular, are feeling the heat in this report from Martin North. ...
How is Melbourne’s residential median asking rents and vacancy rates tracking? Louis Christopher of SQM Research provides a full report on the National residential vacancy rates and asking rents and explains the impact on the overall rental conditions in Australia’s property market. ...
Would you move to Melbourne’s outer-west if you could buy a green lot? This week we look at The National Land Survey results showing Melbourne's sprawl into the outer-west as would be home owners are buying up former agricultural land. We also examine the proposed changes that will affect St. Kilda and it’s iconic Acland Street. ...
Total employment has more than doubled market expectations in leaping by 58,600+ in October, with a pleasing smash of 40,000+ in full-time employment, according to a dominant jobs report. Pete Wargent examines employment figures for each State, unemployment rates and youth unemployment. ...