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.
Despite a median house price of $706,000 and apartment price of $545,500, many of Melbourne’s desirable suburbs boast homes for $200,000-plus. In this week's property market update we find out where Melbourne's affordable suburbs are and we also look at how coastal flooding due to climate change could put homes, business and roads worth $226 billion at risk. ...
The ABS released its Construction Work Done figures for the June quarter, which showed total construction for the quarter rebounding by +1.6 per cent to a seasonally adjusted $49.8 billion. Pete Wargent looks at the ABS data including the mining rebound in WA, building by State and residential building by State. ...
In this week's property market update we find out if home ownership in retirement is over for Australians. We also look at the Digital Finance Analytics report which found a wide geographic spread of suburbs across the country, where people could face financial collapse when interest rates start to rise. ...
Figures released by SQM Research this week have revealed the number of residential vacancies remained steady across the nation, with a vacancy rate of 2.4% posted based on 73,209 vacancies, slightly up from June when vacancies were 72,849. Louis Christopher of SQM Research reports on July national vacancy rates and asking rents. ...
Are you living in a million dollar suburb? Over the past twelve months 437 suburbs have joined the CoreLogic RP Data 'Million Dollar Club', each suburb recording a median value of $1 million or greater. To be eligible for ranking as a million-dollar-suburb, each suburb had to achieve a minimum of 10 sales over the past year. ...
In this week's property market update we look at the ASIC's case against certain companies associated with a Perth-based property developer that claimed consumers could buy an investment property from “just $59 per week”. We also cover other top property and financial news stories of the week. ...
