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.

Will the Low Australian Dollar Drive House Prices Up Even Further?

By Kristie Kwok on 6 Feb 2014 No Comments yet, your thoughts are very welcome

Rising unemployment could lead to another interest rate cut and lower the value of the Australian dollar further, making local properties even more attractive to foreign investors. The current Australian dollar value has already hit a 3.5 year low against the US dollar ...

Is Negative Gearing to Blame for First Home Buyers’ Woes?

By Kristie Kwok on 5 Feb 2014 No Comments yet, your thoughts are very welcome

The ABS Housing Finance data for November showed that first time buyer loan commitments fell to a fresh low of 12.3 per cent, while investor loan commitments experienced further growth. With first time buyers clearly struggling, many are holding the availability of negative gearing of investment property responsible ...

Melbourne House Values at New Peak After Nation Leading Growth in January

By Street News on 4 Feb 2014 No Comments yet, your thoughts are very welcome

The RP Data-Rismark Home Value Index for Melbourne houses reached a new nominal peak in January after a surprisingly strong 3.7 per cent rise. The latest figures surpass the previous peak in October 2010. The unit index recorded a more moderate 0.2 per cent rise and reached an earlier peak in December 2013 ...

Melbourne Property Market Update – February 1, 2014

By Peter Sarmas on 1 Feb 2014 No Comments yet, your thoughts are very welcome

It has been revealed that new home sales climbed for the first time in five years, suggesting the housing market underwent a broad recovery in 2013. In his weekly property commentary, Peter Sarmas considered the results of Westpac's Consumer Sentiment Survey and the potential ramifications for the property market. ...

The Year of the Wooden Horse

By Emily Tatti on 31 Jan 2014 No Comments yet, your thoughts are very welcome

This week we usher in the Year of the Wooden Horse on the Chinese Zodiac calendar, which carries the energy of rebirth and growth. According to feng shui experts, you can enhance your luck by paying attention to the feng shui energies in your home. By using a compass, you can identify the 'the eight sections of influence' ...

Top Ten Most Discounted Properties Nationwide – January 30, 2014

By Louis Christopher on 30 Jan 2014 No Comments yet, your thoughts are very welcome

We have had some changes week on week with our top ten most discounted properties around the country. A long time listing – 69/267-269 Oxford St, Bondi Junction in Sydney's eastern suburbs – was either withdrawn or sold since this time last week. This left some room for a newbie to sneak through ...