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.
By Kristie Kwok on 31 Dec 2013 No Comments yet, your thoughts are very welcome
While there are both advantages and disadvantages to moving further away from Melbourne’s CBD, buying a house in the outer suburbs may be the only choice for many, unless they are prepared to give up dwelling space and a garden by living in an apartment. Due to growing house prices, affordable homes close to the CBD ...
By AOXEN on 27 Dec 2013 No Comments yet, your thoughts are very welcome
Over the holiday season, many of us will spend quite a bit of time entertaining and enjoying our backyard, from lying by the pool to hosting friends on our back deck. Remember it’s more than likely the tenants of your rental property are doing the same thing. Improving the outdoor area can add great value to a rental property ...
By Kristie Kwok on 23 Dec 2013 No Comments yet, your thoughts are very welcome
The big question in 2014 is whether we will see any tapering of self-managed super funds buying property through borrowing, given the concerns expressed by regulators, Treasury, RBA and the new government. In 2007, superannuation laws changed which resulted in capital gains tax exemptions and fewer restrictions on SMSF borrowing ...
By Kristie Kwok on 23 Dec 2013 No Comments yet, your thoughts are very welcome
Real estate trends in Melbourne show high auction clearance, quick private sales and growth in building approvals. The Melbourne housing market has recovered strongly from a poor 2012. House prices grew by 6.6 per cent and sales volumes have also gone up ...
By Peter Sarmas on 21 Dec 2013 No Comments yet, your thoughts are very welcome
Despite the fact that we are mere days away from Christmas, the REIV expects about 510 auctions to take place in Melbourne this weekend. According to REIV CEO Enzo Raimondo, having 500 auctions this close to Christmas is considered "relatively high". However, from next week until mid-February, the market will settle into a quiet period ...
By Louis Christopher on 19 Dec 2013 No Comments yet, your thoughts are very welcome
Figures released by SQM Research reveal that the level of residential rental vacancies rose during the month of November. SQM recorded a vacancy rate of 2.2 per cent, coming to a total of 62,885 vacancies nationwide. This increase breaks an ongoing trend. It is the first rise after four consecutive monthly declines ...
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