By Peter Sarmas on 2 Apr 2014 No Comments
Home owners in Sydney and Melbourne are holding onto their houses longer, and owners in Melbourne and Hobart are also doing the same with their units, according to a report released by RP Data, which looked at the length of time a property is held by its existing owner. It appears that the average length of ownership is increasing ...
By CoreLogic RP Data on 1 Apr 2014 No Comments
The latest housing market statistics are likely to have caused the Reserve Bank some additional deliberation at their latest board meeting. Dwelling values were up 2.3 per cent in March, taking the cumulative increase in dwelling values to 15.8 per cent over the current growth cycle, which commenced in June 2012 ...
By Cate Bakos on 1 Apr 2014 No Comments
On Saturday just gone I had a scheduled auction to attend in Highett, a small suburb located 16 kilometres south east of Melbourne and just two kilometres inland from beautiful Port Philip Bay. The house... oh, the house. It suited my buyers' checklist on every single criteria and captured their hearts on the very first visit ...
By Peter Sarmas on 31 Mar 2014 4 Comments
With nearly 200 results still to be followed up by the institute there are signs that we are seeing a more steady market in Melbourne rather than one that is booming, with pass-ins being noted in a number of Melbourne's inner and outer suburbs ...
By Peter Sarmas on 29 Mar 2014 No Comments
This weekend is expected to be the busiest yet in terms of auctions, as vendors hurry to sell before the Easter shutdown. On Street News, Peter Sarmas examines how the recent rise in property levels means more choice for buyers and increased competition for vendors, while Cate Bakos explores what Altona has to offer ...
By Louis Christopher on 28 Mar 2014 1 Comment
SQM Research has revealed thousands of residential properties selling under distressed conditions on the market, via our recently released Distressed Properties Report. The report has revealed that 11,437 properties in total are selling under distressed conditions, representing 3.3 per cent of total current listings ...
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