Latest Property News

Could The Touted Recession Get Revised Away?

By Pete Wargent on 30 Jul 2013 No Comments

It's well known that some commentators have been going on and on (and on) about the risk that Australia will sink into recession. Australia's GDP growth is bumbling along at a trend of 2.6 per cent per annum or a seasonally adjusted 2.5 per cent p.a. The bearish excitement reached fever pitch ...

The Twins Win The Block Sky High, But How Much Did The Apartments Sell For?

By Peter Sarmas on 29 Jul 2013 No Comments

Adelaide sisters Alisa and Lysandra of apartment level 1 have been announced the winners of the 2013 season of The Block Sky High after selling their property for $1.435 million, $295,000 over the $1.14 million reserve price. The identical twins have seen their months of hard work pay off ...

Where’s The Melbourne Property Market Heading?

By Peter Sarmas on 29 Jul 2013 No Comments

Recent data from a number of providers shows that there has been a rise in property prices across the country – and the Melbourne property market is leading the way. According to Fairfax-owned APM, the figures demonstrate that Melbourne has experienced its fastest property price growth since the government stimulated boom of 2009-2010 ...

How Relevant is Median Data?

By Catherine Cashmore on 29 Jul 2013 No Comments

I wrote a little last week regarding the REIV’s somewhat questionable statistics; namely, that revisions typically occur 3 months after the quarterly figures are released, and seasonal adjustments can shift negative data into the positive. Figures are revised because all data providers suffer from a lag in reported results ...

Melbourne Property Market Update – July 27, 2013

By Peter Sarmas on 27 Jul 2013 No Comments

This week the REIV released their June quarterly statistics, which showed an improvement in Melbourne's median house price, hinting at a promising spring property market. In her weekly market wrap, Catherine Cashmore examines why median property prices differ between data providers ...

The Green Refectory

By Natalia Smith on 27 Jul 2013 No Comments

The Green Refectory – or Green’s, as locals know it – is a Brunswick landmark known for its ridiculously good, ridiculously cheap food. Owner Alison Green has created a business based on a high quality menu that reflects Brunswick’s eclectic population ...

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