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.

Housing Finance Falls, But Prices Remain Strong

By Louis Christopher on 13 Feb 2014 No Comments yet, your thoughts are very welcome

Quite a lot of real estate data has been released this week! Let’s start with the ABS Housing Finance Approvals series. The one thing I find quite amusing is that there are so many different numbers in this series that almost anyone with a particular agenda can pull out a number that best suits them ...

Sydney Property Listings Drop to Record Low

By Louis Christopher on 13 Feb 2014 No Comments yet, your thoughts are very welcome

The number of Australian residential property listings rose during January, after a quiet period over Christmas. Nationally, stock on market came to a total of 342,157 – a monthly rise of 1.3 per cent. Sydney and Melbourne were the only two capital cities to record falls for the month; falling by 3.4 per cent and 1.9 per cent respectively ...

Arguing the Case that there is Currently Affordable Housing in Australia

By Kristie Kwok on 13 Feb 2014 No Comments yet, your thoughts are very welcome

The debate around housing affordability has been hotly contested with no clear winner. Part of the problem is that housing affordability means different things to different people. Central to the concept is a person’s ability to pay for their dwelling; if we start from this basic premise, then there is evidence that housing in Australia is affordable ...

Are You Really Covered? Ten Tips for Avoiding Underinsurance

By Sharon Fox-Slater on 12 Feb 2014 No Comments yet, your thoughts are very welcome

Even the best insurance policies can leave you exposed if you don’t insure for an adequate amount. The problem is that it’s difficult to work out how much it would really cost to rebuild if disaster happens. Study after study shows that Australians tend to underinsure. Every time there’s a major disaster, we hear about more cases ...

Movement in the Australian Interest Rate Could Happen Soon

By Kristie Kwok on 12 Feb 2014 No Comments yet, your thoughts are very welcome

There is widespread speculation that a movement in the Australian interest rate will happen soon. But which direction will it go? Opinions vary - those worried about unemployment favour a rate cut while others focused on curtailing inflation back an interest rate rise ...

Melbourne Property Market Update – February 7, 2014

By Peter Sarmas on 8 Feb 2014 No Comments yet, your thoughts are very welcome

Auction activity around Australia is set to pick up steam this weekend, as 390 properties are expected to go under the hammer in Melbourne, a figure considerably higher than the 219 auctions listed on the same weekend last year. Peter Sarmas considers reports that the property market appears as buoyant as it was back in 2010 ...