Melbourne Property Market Updates

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.

Up Close And Personal: 12 Things Investors Need to Know About Property Managers

By Sharon Fox-Slater on 26 Nov 2014 No Comments yet, your thoughts are very welcome

There are a number of hidden factors investors need to be aware of when it comes to property managers. We've compiled a list of 12 things every investor needs to know about property managers. ...

Melbourne Property Market Update – November 22, 2014

By Peter Sarmas on 22 Nov 2014 No Comments yet, your thoughts are very welcome

Last week’s reported 68 per cent clearance rate was revised down to 64 per cent once more results were gathered later in the week. “Although buyers are getting savvier, I keep hearing stories about how many have lost money trying to offload a bad purchase”. Read more about our latest property market results and what it means for you. ...

Melbourne Property Market Update – November 15, 2014

By Peter Sarmas on 15 Nov 2014 No Comments yet, your thoughts are very welcome

Is the Melbourne Property Market Straining? This weekend the clearance rate was 68 per cent, which marks the first time it has slumped below 70 per cent since the first weekend of July. According to the Reserve Bank, the momentum in the Australian housing market is having a positive effect on consumer consumption ...

First Home Buyer Figures Understated

By Pete Wargent on 16 Oct 2014 No Comments yet, your thoughts are very welcome

A point that has been much discussed over the past year: the nonsensical figures being reported as fact regarding the level of first homebuyer activity. Even until relatively recently, the Reserve Bank was producing stats for first homebuyers which suggested that numbers were abnormally low after a spike caused by homebuyer grants ...

Abnormal Sales Listing Activity In September

By Louis Christopher on 9 Oct 2014 No Comments yet, your thoughts are very welcome

The number of Australian residential property sale listings decreased during September, signalling rapid stock level absorption, particularly in Sydney. This activity is abnormal, as listings normally rise at the start of spring. This implies the market remains strong, as buyers swoop in on stock, often before properties are formally listed ...

Housing Credit Increases In August

By Pete Wargent on 2 Oct 2014 No Comments yet, your thoughts are very welcome

The Reserve Bank released its credit aggregates for August, which showed aggregates for personal credit (+1.1 per cent) and business credit (+3.2 per cent) to be marginally higher over the past year. Typically this leads to debate about productive versus unproductive lending, but I don't think this is likely to change ...