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.
Current renters or those thinking about their first home purchase would likely welcome the REIA’s submission for the 2014/15 Federal Budget. The submission includes proposals to reform government assistance for first home buyers in areas concerning how to accumulate a deposit, the size of grants and the type of housing eligible for assistance ...
We recently asked our Street News followers to tell us what they found most frustrating when selling a property. Using the range of comments received, we were able to compile a list of the most common responses. For those who are in the process of selling a property or are planning to do so, our top 10 annoyances will no doubt resonate ...
Although property investment is expected to surge this year, the first home buyer market has dwindled to a historic low. According to John Edwards of Residex, investors are pushing first home buyers out of the market. This week on Street News, Peter Sarmas concurred that investors and upgraders are thriving in the current market ...
Currently, Melbourne’s median house price is $610,000 based on sales in the December quarter. Naturally, this captures a lot of attention; however, it’s worth remembering that there are many houses that sell for more affordable prices. Over the past year, just under 30 per cent of all houses in Melbourne sold for less than $400,000 ...
This week's list has a mix of old and new listings. Of particular interest is number five - 4586 Wisemans Ferry Road, Spencer - in New South Wales. Now, this is a listing that we here at SQM may be a bit iffy about publishing as the dwelling itself is merely a cabin, and not a standard house or unit ...
For those pondering the age old question of whether to rent or buy, it may be of interest to know that having equity in housing is strongly linked to being wealthy. It can even be said that building equity is seen as the main way to accumulate wealth in Australia ...
