Latest Property News

Forget Affordability Measures and Ask Yourself Some Tough Questions

By CoreLogic RP Data on 18 Jun 2014 No Comments

There are many measures of affordability in the marketplace. Sadly, I believe that many of these measures fail to accurately depict the affordability or otherwise of housing in Australia. The main reason being that housing affordability is extremely complex and many factors drive the issue ...

Melbourne Auction Results – June 16, 2014

By Peter Sarmas on 16 Jun 2014 No Comments

On the back of a record month in March it is rather surprising that we are looking at another record month in June in terms of Melbourne property auctions. We are not only expecting highs in the number of property auctions but also in the property auction clearance rates ...

Melbourne Property Market Update – June 14, 2014

By Peter Sarmas on 14 Jun 2014 No Comments

Naturally due to the Queen's Birthday long-weekend a relatively low clearance rate was recorded over the weekend as many Melbournian's enjoy a relaxed three day break ...

Rihanna Moves into $7m Concrete Mansion

By Erin Lyons on 13 Jun 2014 No Comments

Renowned pop star, Rihanna has arranged to sell her LA home for $15 million and rent a concrete pad in the Hollywood Hills for $60,000 per month ...

St. Collins Lane Nears Construction

By Urban Melbourne on 12 Jun 2014 No Comments

Australia on Collins has taken on a different complexion of late as tenants continue to move out in preparation for the centre's considerable redevelopment and ultimate rebirth as St. Collins Lane ...

RBA’S Data Cull

By Louis Christopher on 11 Jun 2014 No Comments

Journalist, Michael Pascoe has reported that the Reserve Bank of Australia has dropped off the FHB statistics from their monthly chart pack series ...