More than 7,300 dwellings of four or more stories were approved in May- which is unprecedented in Australia. Pete Wargent analyses the ABS Building Approvals figures and reports on the remarkable affect low interest rates are having on residential housing and construction. ...
While Albert Park has received the most number of visits online, Montmorency has seen the most growth since last year, according to realestate.com.au’s Top Sellers’ Markets. Is your suburb in the top ten list of Victorian suburbs receiving the most attention per listing on realestate.com.au? ...
In this week's real estate market wrap Peter Sarmas looks at the spruikers who, by sheer publicity, stopped many home buyers from plunging into the Melbourne property market, in effect costing them 20-30% price growth. He also talks about the right time to buy property. ...
Is the 'Great Australian Dream' of buying and building on a block of land or purchasing a first home fast becoming a distant memory? In this week's property market update we look at why property buyers are turning to high-rise/high-density living. We also find out which five Melbourne suburbs had a perfect 100% clearance strike rate. ...
What will turn the Australian housing affordability problem around? One of the reasons we’ve ended up in our current predicament is that the prime function of housing has transitioned from “usable facility” to “tradable commodity and investment asset”. Will it be this 10-point plan for improved housing affordability? ...
Will a home priced at $400,000 be cheap enough for potential home buyers? Cameron Kusher of CoreLogic RP Data analyses real estate sales data over 12 months to March 2015, including the proportion of sales annually by price point for capital cities. ...