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.

What’s Going to Happen to Property Prices as We Head into Winter?

By Catherine Cashmore on 21 May 2013 No Comments yet, your thoughts are very welcome

The market posted a strong 74 per cent clearance rate this week, a result ahead of last week’s revised 70 per cent. Year to date, over $4 billion homes have been sold via auction, compared to $2.9 billion for the same time last year ...

Budget Snapshot

By Street News on 20 May 2013 No Comments yet, your thoughts are very welcome

The Federal Budget revealed a deficit of $19.4 billion this financial year with Wayne Swan forecasting that the Budget will be back in surplus by 2015/16. An interesting speech with few handouts prior to the election. We listed some of the key points ...

Melbourne Property Market Update – May 18, 2013

By Peter Sarmas on 18 May 2013 No Comments yet, your thoughts are very welcome

All eyes were on Parliament this week as the Labour Government delivered its 2013-14 Federal Budget. Many in the property sector were critical about the lack of direct stimulus for the industry,. However, there are some indirect benefits in terms of infrastructure, rental affordability, pensioner downsizing and superannuation reforms ...

Federal Budget ignores pressing housing issues, says HIA

By Peter Sarmas on 15 May 2013 No Comments yet, your thoughts are very welcome

The Housing Industry Association (HIA) released a scathing review of last night’s 2013 Federal Budget in which it said the Federal Government largely ignored Australia’s residential building industry and missed an opportunity to implement further measures to increase housing supply ...

Aging Population Likely to Plateau Apartment Demand

By Peter Sarmas on 15 May 2013 No Comments yet, your thoughts are very welcome

The popularity of apartment living in Australia could slow over the next decade as Gen X and Gen Ys seek homes with additional space, revealed the latest “Emerging Trends in Residential Market Demand” report, released by leading industry analyst and economic forecaster BIS Shrapnel ...

A New Era and a New Focus on Quality

By Pete Wargent on 14 May 2013 No Comments yet, your thoughts are very welcome

Warren Buffett appeared on NBC this week advising investors to shun bonds and look toward equities at the present time. Buffett has warned that the present trend towards near-zero interest rates and the effective ‘printing’ of money in the US (known as quantitative easing) will hurt savers ...