By Pete Wargent on 20 Aug 2013 No Comments
The mainstream media have latched onto the auction frenzy and have called that a property boom is at hand in the eastern states. Meanwhile, more serious economists such as Bassanese at the AFR "remain bullish house prices", while Michael Matusik notes that Australia's eastern states could see price growth ...
By Cate Bakos on 20 Aug 2013 No Comments
This weekend I attended an auction at 2 Bolton Street, Spotswood - a cute little 90s brick built semi-detached house on a cosy 240sqm – in what is arguably one of Spotswood's best streets. The auctioned property could best be described as a first home buyer's dream or a downsizer's haven, but nothing really in between ...
By Catherine Cashmore on 19 Aug 2013 No Comments
The jury’s out on whether Australia is entering the ‘mother of all dwelling booms’ as Robert Gottliebsen warned in Business Spectator last week. While the construction sector continues to fall short of expectation, the established housing market has moved, most notably in Sydney ...
By Peter Sarmas on 19 Aug 2013 No Comments
The Melbourne market maintained its strength this week, almost mirroring last week’s results. Unreported auctions were substantially higher, at 93 compared to 50, but this was the only main difference. According to the REIV, this is the fourth week that Melbourne auction clearance rates were close to or above the 70 per cent mark ...
By Peter Sarmas on 17 Aug 2013 4 Comments
America is renowned for all things big – and property is certainly no exception. Home to some of the world’s wealthiest, these enormous houses have been spared no expense. There are several mansions currently on the market that redefine the idea of luxury (although we aren’t quite sure what you would do with 22 full bathrooms) ...
By Peter Sarmas on 16 Aug 2013 No Comments
Real estate website Street News is making it even easier for consumers to conduct research on Melbourne suburbs after launching a new local information section. Street News founder and director Peter Sarmas says the change was made based on feedback from consumers ...
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