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 Property Market Update – July 12, 2014

By Peter Sarmas on 12 Jul 2014 No Comments yet, your thoughts are very welcome

The RBA’s monthly decision on interest rates is expected to administer a period of increased stability in rates until 2015. Yet the household debt to income ratio is at an all-time high as dwelling prices rise and borrowing increases. Peter Sarmas discusses the RBA's decision and the impact it might have on the property market ...

Melbourne Property Market Update – July 5, 2014

By Peter Sarmas on 5 Jul 2014 No Comments yet, your thoughts are very welcome

Recently, many properties have sold on auction day or within a week after the auction, yet recent figures suggest a downturn in the property market is expected in the near future. This week, Peter Sarmas mentions that rising interest rates and an oversupply of city apartments may hurt the property market ...

Property Market Myths and Common Facts: Melbourne

By CoreLogic RP Data on 3 Jul 2014 No Comments yet, your thoughts are very welcome

Quite often, myths or commonly accepted facts about the property market can turn out to be incorrect when a review of the actual numbers is conducted. For example, It’s often said that most home owners buy and sell every seven years. However, research shows that in Melbourne the average hold period for houses is 11.4 years ...

The Importance of Consumer Confidence to the Housing and Mortgage Markets

By CoreLogic RP Data on 2 Jul 2014 No Comments yet, your thoughts are very welcome

With the media focused on ‘doom and gloom’ for the property market over the past few weeks, Craig Mackenzie, who heads up RP Data’s corporate services division, takes us through the key drivers in the market. He explains that history and statistics tells us that there are two key drivers to the housing and related mortgage finance markets ...

Melbourne Property Market Update – June 28, 2014

By Peter Sarmas on 28 Jun 2014 No Comments yet, your thoughts are very welcome

This week, the potential incorporation of a new planning law threatens to have a major impact on property prices; however, auction results and clearance rates remain strong. In his weekly wrap Peter Sarmas discusses these new planning laws and the substantial influence they may have on the property market ...

Low Interest Rates to Continue to Underpin the Residential Markets – For Now

By Bis Shrapnel on 26 Jun 2014 No Comments yet, your thoughts are very welcome

According to leading property industry analyst and economic forecaster, BIS Shrapnel, the momentum in price growth that recently emerged is expected to continue to support prices in the forthcoming year but to a lesser extent in 2015/16. However, rising construction and the potential for oversupply in many markets will impact on prices ...