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Melbourne Auction Results – December 7th, 2015

By Peter Sarmas on 6 Dec 2015 No Comments

Has the heat gone out of Melbourne’s property market? Quality suburbs are experiencing some ugly results with agents reporting low clearance rates, some at 50%. One agent describing the market at the moment as a “feast or famine” situation. Peter Sarmas reports on current buying and selling conditions. ...

Melbourne Property Market Update – December 5th, 2015

By Peter Sarmas on 5 Dec 2015 No Comments

Do you have a spare room in a sought after suburb? In this week’s property market update we learn that rental affordability issues are turning an increasing number of people to share accommodation. We also talk about the lack of planning by local governments or planning agencies for alternative housing and living needs for the elderly. ...

Do Holiday Homes Yield More Memories Than Profits?

By Sharon Fox-Slater on 2 Dec 2015 No Comments

Holiday home investments are popular in Australia, with around 700,000 holiday rentals across the country owned by one in every 12 households. Before you rush into investing in a holiday home, Sharon Fox-Slater reveals some common holiday home pitfalls to be aware of. ...

Home Values Fall In Sydney And Melbourne As Housing Market Moves Through Peak Of Cycle

By CoreLogic RP Data on 1 Dec 2015 No Comments

Which cities were the most expensive and affordable? The CoreLogic RP Data November Home Value Index out today confirmed dwelling values fell across five of the eight capital cities in Australia over the month, taking the combined capitals index 1.5 per cent lower. Read the full report and comments from Tim Lawless. ...

Melbourne Auction Results – 30th November 2015

By Peter Sarmas on 29 Nov 2015 No Comments

Are we facing a Sydney style correction which will see property prices free fall in Melbourne or is this just a seasonal adjustment? In this week’s market wrap Peter Sarmas examines Melbourne’s property market. He looks at interest rates, the economy and talks about how these factors affect Melbourne’s current house prices. ...

Melbourne Property Market Update – November 28th, 2015

By Peter Sarmas on 27 Nov 2015 No Comments

What are the implications for Melbourne if urban sprawl continues? This week we find out that despite the trend toward high-rise densification in Melbourne's downtown core, housing sprawl continues to expand along the city's undeveloped fringes at record rates. ...

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