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 Peter Sarmas on 11 Sep 2016 No Comments yet, your thoughts are very welcome
According to Roy Morgan 415,000 people are expected to retire over the next 12 months. From a younger person’s point of view this sounds like good news because it frees up jobs, but from an economic perspective it is a dire situation as dependence on government funding increases. ...
By Peter Sarmas on 7 Aug 2016 No Comments yet, your thoughts are very welcome
Melbourne Auction Results 7th of August 2016 77% Clearance Rate 573 Reported Auctions Sold at Auction: 441 Passed in: 132 Sold Before: 50 Sold After: 2 Source:REIV Market Wrap A clearance rate of 77 per cent was recorded this weekend ...
By Peter Sarmas on 15 May 2016 No Comments yet, your thoughts are very welcome
The latest CoreLogic April rent review released last week shows rents increased slightly (0.1%) in April, however overall , capital city rental rates edged lower, falling 0.2% over the past 12 months. The report showed five of the eight capital cities saw a modest rise in rents with Sydney rising 1.4% and Melbourne 1.7%. ...
By Peter Sarmas on 1 May 2016 No Comments yet, your thoughts are very welcome
The second interesting bit of news this week was the big hit to foreign buyers. Not sure whether some of these new regulations are politically motivated but it seems the timing of this clamping down on lending to foreign buyers and the impending election on July 2nd seems very coincidental. ...
By Peter Sarmas on 20 Mar 2016 No Comments yet, your thoughts are very welcome
Last week saw a raft of some very important economic news and over the weekend the property market was put to the test when over 1700 properties auctioned. ...
By Peter Sarmas on 6 Mar 2016 No Comments yet, your thoughts are very welcome
The latest Core Logic Data released show Melbourne property prices for the month of February and the quarter rising, defying the doomsayers. ...
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