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.

Houses that Dreams are Made of… in Highett

On Saturday just gone I had a scheduled auction to attend in Highett, a small suburb located 16 kilometres south east of Melbourne and just two kilometres inland from beautiful Port Philip Bay. The house... oh, the house. It suited my buyers' checklist on every single criteria and captured their hearts on the very first visit ...

Melbourne Property Market Update – March 29, 2014

By Peter Sarmas on 29 Mar 2014 No Comments yet, your thoughts are very welcome

This weekend is expected to be the busiest yet in terms of auctions, as vendors hurry to sell before the Easter shutdown. On Street News, Peter Sarmas examines how the recent rise in property levels means more choice for buyers and increased competition for vendors, while Cate Bakos explores what Altona has to offer ...

Where Are Most Distressed Property Sales Happening in Australia?

By Louis Christopher on 28 Mar 2014 1 Comment

SQM Research has revealed thousands of residential properties selling under distressed conditions on the market, via our recently released Distressed Properties Report. The report has revealed that 11,437 properties in total are selling under distressed conditions, representing 3.3 per cent of total current listings ...

February Housing Conditions an Aberration

By CoreLogic RP Data on 28 Mar 2014 No Comments yet, your thoughts are very welcome

The RP Data Rismark March Home Value Index Results will be released on Tuesday 1 April by 10am. According to RP Data research director Tim Lawless, the RP Data-Rismark Daily Home Value Index for the five major capital cities has shown a near record level of growth throughout the month of March ...

Affordability Slips in Late 2013

By Street News on 28 Mar 2014 No Comments yet, your thoughts are very welcome

Housing affordability declined slightly in the December 2013 quarter as the positive impact from previous interest rate cuts tapered off, said the Housing Industry Association, the voice of Australia’s residential building industry. In 2014 we are likely to see further gains in residential property prices ...

Investors Continue to Focus on Property

By CoreLogic RP Data on 27 Mar 2014 No Comments yet, your thoughts are very welcome

Why does latest Australian Bureau of Statistics (ABS) housing finance data report show a slight fall in demand for investment property? Last week, RP Data further explored the latest ABS results, where it was reported that the total value of housing finance commitments for investment purposes was recorded at $10.3 billion in January 2014 ...

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