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.
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
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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 ...
On the back of a record month in May the property industry prepares itself for another month of potentially high auction results and clearance rates. But what's driving prices? In his weekly wrap Peter Sarmas discusses the growing strength in the Melbourne property market after we experienced another weekend of strong auction results ...
There are many measures of affordability in the marketplace. Sadly, I believe that many of these measures fail to accurately depict the affordability or otherwise of housing in Australia. The main reason being that housing affordability is extremely complex and many factors drive the issue ...
Naturally due to the Queen's Birthday long-weekend a relatively low clearance rate was recorded over the weekend as many Melbournian's enjoy a relaxed three day break
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Journalist, Michael Pascoe has reported that the Reserve Bank of Australia has dropped off the FHB statistics from their monthly chart pack series ...