Latest Property News

Arguing the Case that there is Currently Affordable Housing in Australia

By Kristie Kwok on 13 Feb 2014 No Comments

The debate around housing affordability has been hotly contested with no clear winner. Part of the problem is that housing affordability means different things to different people. Central to the concept is a person’s ability to pay for their dwelling; if we start from this basic premise, then there is evidence that housing in Australia is affordable ...

Are You Really Covered? Ten Tips for Avoiding Underinsurance

By Sharon Fox-Slater on 12 Feb 2014 No Comments

Even the best insurance policies can leave you exposed if you don’t insure for an adequate amount. The problem is that it’s difficult to work out how much it would really cost to rebuild if disaster happens. Study after study shows that Australians tend to underinsure. Every time there’s a major disaster, we hear about more cases ...

Movement in the Australian Interest Rate Could Happen Soon

By Kristie Kwok on 12 Feb 2014 No Comments

There is widespread speculation that a movement in the Australian interest rate will happen soon. But which direction will it go? Opinions vary - those worried about unemployment favour a rate cut while others focused on curtailing inflation back an interest rate rise ...

Great Rental Yields and Strong Demand in Kensington!

By Cate Bakos on 11 Feb 2014 No Comments

Last Saturday, I bid at my first auction for 2014. As the day got closer, the temperature forecast got higher. I was relieved that the auction was scheduled for 10.30am, and equally relieved that my clients didn’t expect I’d be wearing a dark pinstriped suit for the event! “…unlike the south east and the inner ...

Melbourne Auction Results – February 10, 2014

By Peter Sarmas on 10 Feb 2014 No Comments

All eyes were on the RBA last week when they reconvened from a two month break. With markets only pricing in a 5 per cent chance that rates would be cut by a further 0.25 per cent, the probability of an interest rate movement was always going to be limited ...

Melbourne Property Market Update – February 7, 2014

By Peter Sarmas on 8 Feb 2014 No Comments

Auction activity around Australia is set to pick up steam this weekend, as 390 properties are expected to go under the hammer in Melbourne, a figure considerably higher than the 219 auctions listed on the same weekend last year. Peter Sarmas considers reports that the property market appears as buoyant as it was back in 2010 ...

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