Latest Property News

Melbourne Property Market Update – December 21, 2013

By Peter Sarmas on 21 Dec 2013 No Comments

Despite the fact that we are mere days away from Christmas, the REIV expects about 510 auctions to take place in Melbourne this weekend. According to REIV CEO Enzo Raimondo, having 500 auctions this close to Christmas is considered "relatively high". However, from next week until mid-February, the market will settle into a quiet period ...

The Humble, Life-Giving Egg

By Trevor Chetcuti on 20 Dec 2013 No Comments

The humble egg has been given a really bad rap over the last few decades. It has been accused of being ‘too high in fat and too high in cholesterol’. Truth be told, our humble little chicken egg serves one purpose: to provide all the key nutrients necessary to start life, albeit chicken life ...

The Premises

By Jessica Hoadley on 20 Dec 2013 No Comments

In the strip of cafes on leafy Bellair Street opposite Kensington Station, The Premises stands out due to the crowd of hungry locals spilling out the door. It’s not the cheapest option, but a glance at the menu reveals it has by far the most interesting breakfast choices on the street. You won’t find a stack of pancakes or an eggs benedict here ...

Rental Vacancies Ease In November

By Louis Christopher on 19 Dec 2013 No Comments

Figures released by SQM Research reveal that the level of residential rental vacancies rose during the month of November. SQM recorded a vacancy rate of 2.2 per cent, coming to a total of 62,885 vacancies nationwide. This increase breaks an ongoing trend. It is the first rise after four consecutive monthly declines ...

Melbourne Housing Market Proves Resilient Against Financial Crises

By Kristie Kwok on 19 Dec 2013 No Comments

Melbourne’s property prices have trended upwards over the last thirty years, showing media talk of housing pains is overzealous. Just over two years ago, the talk of the media was all about how Melbourne’s property market would remain in the doldrums for the next decade. However, on a national level ...

Overvalued Aussie Dollar the Biggest Threat to Economy

By Kristie Kwok on 18 Dec 2013 No Comments

According to the latest IMF findings, the biggest threat to the Australian economy in the near future is the strong Aussie dollar. The level of exchange rate is difficult to control because it is determined by both local factors and influences outside the Australian economy. Theoretically, direct intervention from the RBA could weaken ...

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