Latest Property News

Credit Cycle – Growth is Up and Running

By Pete Wargent on 21 May 2013 No Comments

There has been plenty of talk of a housing crash but actually what we got were fairly moderate falls through 2011 and the first half of 2012, before prices began to bounce back. And now it appears that the market is set for a period of growth as interest rates have been slashed ...

What’s Going to Happen to Property Prices as We Head into Winter?

By Catherine Cashmore on 21 May 2013 No Comments

The market posted a strong 74 per cent clearance rate this week, a result ahead of last week’s revised 70 per cent. Year to date, over $4 billion homes have been sold via auction, compared to $2.9 billion for the same time last year ...

Budget Snapshot

By Street News on 20 May 2013 No Comments

The Federal Budget revealed a deficit of $19.4 billion this financial year with Wayne Swan forecasting that the Budget will be back in surplus by 2015/16. An interesting speech with few handouts prior to the election. We listed some of the key points ...

Local Insights – Maroondah

By Peter Sarmas on 18 May 2013 No Comments

In the wake of the decision by the Victorian Government to abolish the First Home Owner Grant for established homes on 1 July, Donna Walpole, Sales Consultant for Hocking Stuart Ringwood, says that first home buyers are moving quickly to secure homes in Maroondah ...

Melbourne Property Market Update – May 18, 2013

By Peter Sarmas on 18 May 2013 No Comments

All eyes were on Parliament this week as the Labour Government delivered its 2013-14 Federal Budget. Many in the property sector were critical about the lack of direct stimulus for the industry,. However, there are some indirect benefits in terms of infrastructure, rental affordability, pensioner downsizing and superannuation reforms ...

The Spectacular Mansions of The Great Gatsby

By Heather Scott on 17 May 2013 No Comments

The whole world seems to be abuzz about Baz Luhrmann’s production of The Great Gatsby, which screens here from May 30. Sydney served as the backdrop for Luhrmann’s roaring 1920s New York, after beating out the Empire State as a filming location ...

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