Latest Property News

Property Related Tax Revenue Moves Beyond The $40 Billion Mark

By CoreLogic RP Data on 19 May 2015 No Comments

Will there ever be a move away from property stamp duty in Victoria or is the revenue just too valuable to state and local governments? Cameron Kusher from CoreLogic RP Data gives an insightful report on the record 2013-2014 $40.485 billion taxation revenue collected by state and local governments from property related sources. ...

Melbourne Auction Results – May 18th, 2015

By Peter Sarmas on 17 May 2015 No Comments

Following Treasurer Joe Hockey's “Have a Go” Budget, the Aussie dollar rising to 81 cents and the recent rate cut by the RBA, the property market is seeing a rise in multiple biddings, with many reserve prices being smashed. Peter Sarmas takes a close look at the outstanding auction results on Saturday and the incredible performance of private sales in the eastern suburbs. ...

Melbourne Property Market Update – May 16th, 2015

By Peter Sarmas on 16 May 2015 No Comments

This week we take a look at the impact reality TV has on home and investment renovations. Are we wasting time and money on DIY? We discuss foreign real estate property investment in Australia and we find out if there is a very real possibility of home owners being affected by any future macroeconomic shocks. ...

Pay Rises Slacken Further

By Martin North on 14 May 2015 No Comments

Are your household finances going backwards? Real estate housing prices are rising strongly (especially in some centres) but incomes are going backwards. Martin North of Digital Finance Analytics reports on the current pay rise trends nationally and compares them with the trends in the early 2000's. ...

When it comes to property, know your ‘why’

By Sharon Fox-Slater on 12 May 2015 No Comments

Why invest in the real estate property market if not to make money? Sharon Fox-Slater gives a fascinating insight into what prompts a lot of people into property investment and, you will be surprised to know, that money is not always the motivating factor. ...

Melbourne Auction Results – May 11th, 2015

By Peter Sarmas on 10 May 2015 No Comments

Rising auction clearance rates this year have predictably translated into solid price growth. Melbourne’s median house prices increased by 2.2 percent over the March quarter to a new record high of $638,448. Peter Sarmas reports that the latest round of interest rate cuts seems to really have sparked some sort of frenzy in certain areas and for certain property types. ...

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