Peter Sarmas reports that the Melbourne property market is experiencing highest clearance rates since 2010, with only the South East showing clearance rates below 70% for houses. The inner South and outer East had clearance rates above 90% over the weekend. Units also fared well recording above 90% clearance. ...
In this week's property market update Sourceable Industry News looks at the state of asbestos in Australia today, we find out what real estate investors can learn about depreciation from The Block and you'll find out if you could be living in a million dollar suburb and not know it. ...
Cameron Kusher of CoreLogic RP Data analyses the housing finance data results for February 2015 released by The Australian Bureau of Statistics (ABS). Find out how the data reflects the investor segment of the real estate property market. ...
First time property investors who have never claimed depreciation before, often ask how much of a difference depreciation deductions will make to their annual cash flow. Bradley Beer from BMT Tax Depreciation Quantity Surveying reveals how you can save $4,264 in just one year. ...
The inner and middle suburbs have seen the highest number of properties sold before auction this year, the top being Williamstown. Peter Sarmas reports on the Reserve Bank's interesting decision to keep interest rates on hold, to the surprise of most economists and money markets who predicted further cuts. ...
In this week's property market recap we discuss the vexed question of just how many foreign buyers there actually are in Australia’s property market. We also look at which Melbourne train line is getting a multi-billion dollar overhaul and Australia’s most expensive apartment, worth 25 million! ...