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.

Is Negative Gearing About to Change?

By Louis Christopher on 10 Apr 2014 No Comments yet, your thoughts are very welcome

here was an SBS report in recent days that suggested the Federal Government is looking at a negative gearing tax benefit. According to the story, government sources say one of the changes being considered by Treasury ...

Woman’s Electricity Cut Off After Smart Meter Refusal

By Emily Tatti on 10 Apr 2014 No Comments yet, your thoughts are very welcome

A Victorian woman has fallen ill after a wireless smart meter was installed in her home – and when the government refused to remove it, she had to take matters into her own hands. This is when her problems truly began ...

Melbourne Property Market Update – April 5, 2014

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

While the RBA surprised nobody when it announced that interest rates will be kept on hold on Tuesday, there have been calls to quell high investor activity. Aussie Home Loans urged the federal government to first home buyers who are being priced out of the market, by introducing a 10-year housing plan ...

Asking Prices Flat for the March Quarter

By Louis Christopher on 3 Apr 2014 No Comments yet, your thoughts are very welcome

SQM’s asking prices were updated yesterday, covering the last week of vendor activity. This now completes the first quarter of the new year. The index for the quarter recorded that asking prices for houses fell 1.6 per cent for the capital city average, while unit asking prices were flat for the quarter ...

Average Length of Home Ownership Rises

By Peter Sarmas on 2 Apr 2014 No Comments yet, your thoughts are very welcome

Home owners in Sydney and Melbourne are holding onto their houses longer, and owners in Melbourne and Hobart are also doing the same with their units, according to a report released by RP Data, which looked at the length of time a property is held by its existing owner. It appears that the average length of ownership is increasing ...

RBA Keeps Rates on Hold

By CoreLogic RP Data on 1 Apr 2014 No Comments yet, your thoughts are very welcome

The latest housing market statistics are likely to have caused the Reserve Bank some additional deliberation at their latest board meeting. Dwelling values were up 2.3 per cent in March, taking the cumulative increase in dwelling values to 15.8 per cent over the current growth cycle, which commenced in June 2012 ...