Based on rental advertisements, the easiest place to find a rental home in Melbourne is in the inner city or inner southeast. Melbourne, St Kilda, South Yarra, Southbank and Docklands have each seen well over 1,000 units advertised for rent in the past year. The central suburb of Melbourne recorded just over 4,000 ...
On Saturday I attended an auction with a lovely client who has been looking for a home with his wife for three months, which is not a short space of time in this current property market. However, when we consider that the Christmas and January shut-down dominated much of this period ...
This weekend was a big test for the Melbourne property market. It was what property commentators call a Super Saturday, as a whopping 1130 properties went under the hammer. This is a 21 per cent increase on last weekend’s numbers ...
Unemployment rates released last week reveal that joblessness in Victoria has reached its highest level since January 2002. In his weekly market commentary, Peter Sarmas considers the impact this could have on future interest rate decisions from the RBA ...
It seems even the rich and famous aren’t safe from visitors that go bump in the night. Several Hollywood celebrities claim they have fallen victim to hauntings after purchasing million dollar properties, suggesting ghoulish figures aren't selective about where they choose to rattle their chains ...
National vacancy rates continue their slow rise. Nevertheless, I would like to make a note of warning for CBD locations in Brisbane, Perth and Melbourne, where vacancy rates are rising at a very rapid rate. Those who are considering investing in the CBDs of these three cities should be strongly aware of this fact ...