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.

Melbourne Vacancy Rate Plummets During February

By Louis Christopher on 20 Mar 2014 No Comments yet, your thoughts are very welcome

Figures released by SQM Research this week have revealed that the national residential vacancy rate decreased even further during February. Of particular interest this month is Melbourne’s vacancy rate figures, after the capital city recorded its lowest vacancy rate since May 2011 ...

5000 New Hotel Rooms for Melbourne

By Urban Melbourne on 19 Mar 2014 No Comments yet, your thoughts are very welcome

News reports have flowed thick and fast of late detailing Melbourne's robust hotel sector. Recent AFR articles show hotel occupancy rates have increased by nearly 4 per cent year-on-year. Investors and operators hold bullish sentiments for the future, while Melbourne maintains the lowest national major city room rate averaging $182 ...

Capital City Vacant Land Values Rise Through 2014

By Street News on 15 Mar 2014 No Comments yet, your thoughts are very welcome

News this week from RP Data senior research analyst Cameron Kusher shows that the price of vacant land across the capital cities continued to climb throughout 2013. At the end of the year, the median selling price was $249,000, which is an increase of 6.9 per cent throughout the year with vacant land prices now ...

Melbourne Property Market Update – March 15, 2014

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

After a slow long weekend, auction activity is set to surge again today. In fact the REIV believes there could be a record number of auctions during March overall. In his regular market commentary, Peter Sarmas examines which Melbourne suburbs were the standout performers last week ...

RP Data: New Listings Surge Ahead of Last Year’s Figures

By CoreLogic RP Data on 14 Mar 2014 No Comments yet, your thoughts are very welcome

The Australian Bureau of Statistics released housing finance data for January 2013 earlier this week. Among other things, the data showed that new listings were 2.0 per cent higher across the combined capital cities, and 12.7 per cent higher than they were a year ago ...

First Time Buyers, Be Ready to Compromise!

By Kristie Kwok on 12 Mar 2014 No Comments yet, your thoughts are very welcome

Industry experts have urged first time buyers to be ready to compromise in order to get into the real estate market. Accepting a property in a less than perfect location, size or condition could help first home owners secure something more affordable. Although it might not be the dream home one imagined, it is an important stepping stone ...

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