Latest Property News

Prior to Federal Budget, Consumers Upbeat about Property Market

By Peter Sarmas on 2 Jun 2013 No Comments

Results from the third RP Data-Nine Rewards consumer sentiment survey in May revealed that consumer attitudes are more positive than negative when it comes to Australia’s current housing market. The survey incorporated responses from 1,030 participants ...

Melbourne Property Market Update – June 1, 2013

By Peter Sarmas on 1 Jun 2013 No Comments

As we gear up for next week’s Reserve Bank cash rate announcement, a number of factors are hindering strength in the property market. According to Cameron Kusher of RP Data, buyers looking to purchase a home in the near future are holding out for improved confidence ...

Local Insights – Carlton

By Peter Sarmas on 1 Jun 2013 No Comments

Last weekend’s 74% clearance rate result from good quality numbers (720) was reflective of a property market that appears resilient, for the inner city at least. Nicholas West, the Director of Nelson Alexander’s Carlton office, echoed a similar sentiment ...

Negative Consumer Sentiment May Impact Future Housing Market

By Peter Sarmas on 31 May 2013 No Comments

In the past, low interest rates tend to propel a buying frenzy in the property market, but according to RP Data research analyst Cameron Kusher, a predominantly negative buyer sentiment is standing in the way of what would be an otherwise flourishing market ...

The World’s Tallest Residential Towers

By Heather Scott on 31 May 2013 No Comments

After taking a look at the most expensive apartments in the world last week, we thought we would take a whirlwind tour of the tallest residential towers. Six of the top ten are situated in Dubai, UAE, so geographically we’re not going to be moving very far! ...

Making Your Principal Place of Residence an Investment

By AOXEN on 30 May 2013 1 Comment

Turning a principal place of residence (PPR) into an income producing property has an impact on the owner's tax situation. Investment property expenses such as interest costs, rates, and management fees become tax deductible ...

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