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.

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 ...

Melbourne Airport Says Design Your Own Terminal

By Urban Melbourne on 7 Feb 2014 No Comments yet, your thoughts are very welcome

Have you been fostering grand plans of outdoing Homer Simpson's 'Persephone'? Or maybe you've always dreamed of adding a Wet and Wild atop one of the terminals at Melbourne Airport? Australia Pacific Airports Corporation Pty Ltd recently released a statement calling for public design input into the finer aspects of the new terminal ...

Keeping an Eye on the Global Economy

By Louis Christopher on 6 Feb 2014 No Comments yet, your thoughts are very welcome

There is a hypothesis going around that stock market performance in January (particularly in the US) predicts its performance for the rest of the year. So if the stock market has a bad month in January, this is likely to continue for the rest of the year. Fortunately, this theory does not hold true as much as it once did ...

Will the Low Australian Dollar Drive House Prices Up Even Further?

By Kristie Kwok on 6 Feb 2014 No Comments yet, your thoughts are very welcome

Rising unemployment could lead to another interest rate cut and lower the value of the Australian dollar further, making local properties even more attractive to foreign investors. The current Australian dollar value has already hit a 3.5 year low against the US dollar ...

Is Negative Gearing to Blame for First Home Buyers’ Woes?

By Kristie Kwok on 5 Feb 2014 No Comments yet, your thoughts are very welcome

The ABS Housing Finance data for November showed that first time buyer loan commitments fell to a fresh low of 12.3 per cent, while investor loan commitments experienced further growth. With first time buyers clearly struggling, many are holding the availability of negative gearing of investment property responsible ...

Melbourne House Values at New Peak After Nation Leading Growth in January

By Street News on 4 Feb 2014 No Comments yet, your thoughts are very welcome

The RP Data-Rismark Home Value Index for Melbourne houses reached a new nominal peak in January after a surprisingly strong 3.7 per cent rise. The latest figures surpass the previous peak in October 2010. The unit index recorded a more moderate 0.2 per cent rise and reached an earlier peak in December 2013 ...