Latest Property News

National Stock Levels Plummeted in July

By Louis Christopher on 14 Aug 2014 No Comments

The number of Australian residential property listings decreased during July, taking national stock on market down to levels not witnessed since February 2011. Nationally, the number of unsold properties on the market has been recorded at 334,683 for July 2014 – a -3.6 per cent decrease month-on-month ...

Melbourne Auction Results – August 11, 2014

By Peter Sarmas on 11 Aug 2014 No Comments

Due to a tightening property supply in Melbourne, it’s thought that we will see a more stable property market rather than a boom bust situation. Robert Larocca of RP Data believes that the gradual reduction in the number of properties coming onto the market could mean that property buyers ...

Melbourne Property Market Update – August 9, 2014

By Peter Sarmas on 9 Aug 2014 No Comments

This week Peter Sarmas discusses existing developments that are improving housing affordability, and strides the government could be making on the issue, such as abolishing stamp duty. Meanwhile, Cate Bakos had to identify a historical property's realistic market value - or risk missing out altogether ...

Property Investors Get A Second Wind

By Martin North on 8 Aug 2014 No Comments

The latest Digital Finance Analytics Survey results indicate that momentum in the property investor segment is set for an upswing, as we move into the spring season. When we last reported on our survey results, there was a dip in intentions, quite strongly linked to budget uncertainly. This has largely evaporated ...

Mortgage Demand At Record Levels

By Pete Wargent on 7 Aug 2014 No Comments

Australia's largest mortgage aggregator Australian Finance Group (AFG) has released its latest mortgage index. According to the data, the AFG wrote the second largest balance of mortgages in its history at $4,122 million, just shy of the all-time record of $4,208 million written back in May ...

Melbourne Auction Results – August 4, 2014

By Peter Sarmas on 4 Aug 2014 No Comments

Housing affordability seems to be back on the agenda. The REIA told the latest federal inquiry into affordable housing that home ownership in Australia has been declining after four decades of stable levels. So what are some of the options available to the government to help improve property affordability? ...

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