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.
A 76 per cent clearance rate was recorded this weekend, albeit on low numbers (354 auctions). With only 6 results unreported, we can expect this figure to remain the same when the midweek update is released. However, there seems to be some uncertainty to the figures. The REIV’s clearance rate on a total of 402 auctions was 75 per cent ...
Australia's unemployment rate has climbed to its highest level since September 2009, and there have been rumblings that another interest rate cut could be on the horizon in August. Regardless of the RBA's decision, it has been revealed that borrowers are feeling less anxious about the economy ...
The owner of the Yarraville Gardens land in Melbourne has announced that they plan to sell the land for residential use. Currently home to Bradmill fabric manufacturing company, the 24 hectare site has already been approved for a residential land redevelopment that would contain up to 1500 townhouses and apartment buildings ...
Another week, another article comparing Australia to property markets in Japan. If I only had a buck for every time people said "but in Japan" – we'd definitely never experience price deflation Down Under because I would be a zillionaire, out spending like a certified madman ...
June house price statistics have come in from the REIV. They indicate a continuation of the modest increases we have been experiencing in aggregated values. Over the 30 day period, dwelling prices rose by 1.3 per cent, which, as the REIV notes, is the highest level since April 2011 ...
Home renovation fever has been strong in Australia this week. The Block Sky High and House Rules both rocketed ahead in the ratings during their final renovation episodes. The contestants have selected the real estate agents who will be representing them ...
