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.

End of First Home Buyer Grant Unlikely to Prompt Rush

By Catherine Cashmore on 24 Jun 2013 No Comments yet, your thoughts are very welcome

A 71 per cent clearance rate was recorded this weekend, and whilst outer suburban locations in Melbourne remain relatively stable, increases in inner and middle ring locations are noticeable. Activity has improved throughout the year and the competitive atmosphere is continuing to produce clearance figures comfortably in the 70s ...

Footscray and Surrounds Forecast to Grow Over Next Four Years

By Peter Sarmas on 22 Jun 2013 2 Comments

Footscray, West Footscray and Maidstone have been highlighted by property valuers Herron Todd White (HTW) as hotspots for growth over the next four to six years, underpinned by their proximity to the Melbourne’s CBD, local redevelopment projects and gentrification ...

Melbourne Property Market Update – June 22, 2013

By Peter Sarmas on 22 Jun 2013 No Comments yet, your thoughts are very welcome

While the colder months often signal a slowdown in property, the news has been full of positivity this week. According to a recent survey, twice as many Australians are eager to buy now compared to the same time last year. Auction clearance rates have also been trending upwards ...

While Auctions Remain Strong in Melbourne, Buyers Should be Cautious

By Catherine Cashmore on 18 Jun 2013 No Comments yet, your thoughts are very welcome

Once again, Melbourne is producing healthy auction results. The clearance rate to date is 70 per cent (up from 68 per cent in April) and the latest REIV house price index revealed a 1.4 per cent increase for May. In line with trend, the clearance rate recorded this weekend was also 70 per cent ...

“Land Appreciates and Buildings Depreciate” – True or False?

By Pete Wargent on 18 Jun 2013 No Comments yet, your thoughts are very welcome

It’s no surprise that with the property market on the upturn, the usual parties are back talking up investing in property in remote locations. SMH reported that Cairns might be about to "awaken from its coma," but is that bad advice? ...

One in Four Homeowners Considering an Investment Purchase

By Peter Sarmas on 15 Jun 2013 No Comments yet, your thoughts are very welcome

More than one quarter (26%) of Australian homeowners are considering buying an investment property, with 56 percent indicating they intend to make the purchase in the next two years, revealed the latest findings from the Mortgage Choice ‘2013 Homeowner Intentions Survey’ ...

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