By Sharon Fox-Slater on 27 Feb 2014 No Comments
Fuelled by low interest rates, home lending to property investors is at a record high – leading to the prospect of increased competition between landlords hoping to attract tenants. If vacancy rates rise, prospective tenants can afford to be more choosey and landlords are forced to compete for their attention ...
By Kristie Kwok on 26 Feb 2014 No Comments
For those pondering the age old question of whether to rent or buy, it may be of interest to know that having equity in housing is strongly linked to being wealthy. It can even be said that building equity is seen as the main way to accumulate wealth in Australia ...
By CoreLogic RP Data on 26 Feb 2014 No Comments
Based on rental advertisements, the easiest place to find a rental home in Melbourne is in the inner city or inner southeast. Melbourne, St Kilda, South Yarra, Southbank and Docklands have each seen well over 1,000 units advertised for rent in the past year. The central suburb of Melbourne recorded just over 4,000 ...
By Cate Bakos on 25 Feb 2014 No Comments
On Saturday I attended an auction with a lovely client who has been looking for a home with his wife for three months, which is not a short space of time in this current property market. However, when we consider that the Christmas and January shut-down dominated much of this period ...
By Peter Sarmas on 24 Feb 2014 No Comments
This weekend was a big test for the Melbourne property market. It was what property commentators call a Super Saturday, as a whopping 1130 properties went under the hammer. This is a 21 per cent increase on last weekend’s numbers ...
By Peter Sarmas on 22 Feb 2014 No Comments
Unemployment rates released last week reveal that joblessness in Victoria has reached its highest level since January 2002. In his weekly market commentary, Peter Sarmas considers the impact this could have on future interest rate decisions from the RBA ...
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