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.
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 ...
In the current climate, subsequent purchasers and investors are occupying the majority of housing finance demand. Looking at the same data but focussing on the proportion of total lending reconfirms the high level of lending to investors and subsequent purchasers. ...
Household debt levels have long since peaked out, and as a result, we do not expect to see any meaningful regional property price growth in real terms. Interestingly, mortgage serviceability has improved dramatically in Australia in recent years as lending rates have fallen, so there may be a small window of opportunity for regional property ...
The love affair with tall buildings is undeniable. Initially very much a western society symbol of power and progress that started in the late 19th century, the tall building love affair has well and truly infected developing nations throughout Asia and the Middle East, for many of the same reasons ...
Spring time is finally here, which means homes will begin flooding the market. So what does this mean for those attempting to buy a property? In his weekly market commentary, Peter Sarmas spoke to several real estate agents around Melbourne. They believe the change in the market is creating good buying opportunities ...
Economic research undertaken for The Saturday Age suggests popular reality television show The Block has a statistically significant impact on the economy when it comes to renovations. Each time the series is broadcast, renovation spending across the nation gets a $251 million boost ...