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.

Where Can You Find a House in Melbourne for Less Than $400,000?

By CoreLogic RP Data on 28 Feb 2014 No Comments yet, your thoughts are very welcome

Currently, Melbourne’s median house price is $610,000 based on sales in the December quarter. Naturally, this captures a lot of attention; however, it’s worth remembering that there are many houses that sell for more affordable prices. Over the past year, just under 30 per cent of all houses in Melbourne sold for less than $400,000 ...

Top Ten Most Discounted Properties Nationwide – February 27, 2014

By Louis Christopher on 27 Feb 2014 No Comments yet, your thoughts are very welcome

This week's list has a mix of old and new listings. Of particular interest is number five - 4586 Wisemans Ferry Road, Spencer - in New South Wales. Now, this is a listing that we here at SQM may be a bit iffy about publishing as the dwelling itself is merely a cabin, and not a standard house or unit ...

Property Wealth the Ultimate Incentive for Home Ownership

By Kristie Kwok on 26 Feb 2014 No Comments yet, your thoughts are very welcome

For those pondering the age old question of whether to rent or buy, it may be of interest to know that having equity in housing is strongly linked to being wealthy. It can even be said that building equity is seen as the main way to accumulate wealth in Australia ...

Which Melbourne Suburbs Have The Most Homes Available for Rent?

By CoreLogic RP Data on 26 Feb 2014 No Comments yet, your thoughts are very welcome

Based on rental advertisements, the easiest place to find a rental home in Melbourne is in the inner city or inner southeast. Melbourne, St Kilda, South Yarra, Southbank and Docklands have each seen well over 1,000 units advertised for rent in the past year. The central suburb of Melbourne recorded just over 4,000 ...

Melbourne Property Market Update – February 22, 2014

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

Unemployment rates released last week reveal that joblessness in Victoria has reached its highest level since January 2002. In his weekly market commentary, Peter Sarmas considers the impact this could have on future interest rate decisions from the RBA ...

CBD Vacancy Rates Rising at Rapid Rate

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

National vacancy rates continue their slow rise. Nevertheless, I would like to make a note of warning for CBD locations in Brisbane, Perth and Melbourne, where vacancy rates are rising at a very rapid rate. Those who are considering investing in the CBDs of these three cities should be strongly aware of this fact ...