Latest Property News

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? ...

Melbourne Property Market Update – August 2, 2014

By Peter Sarmas on 2 Aug 2014 No Comments

This winter’s consistently strong auction clearance rate has set the tone for what’s expected to be a positive finish to the year. In the REIV's June quarter housing report, it was a tale of two suburbs. Both Toorak and Sunshine topped the list of suburbs with the highest growth, a result Peter Sarmas discusses in his weekly market commentary ...

June 2014 Building Approvals Data

By CoreLogic RP Data on 1 Aug 2014 No Comments

The Australian Bureau of Statistics (ABS) released building approvals data for June 2014 earlier today. National dwelling approvals fell by 5.0 per cent over the month, with house approvals falling by -2.6 per cent and unit approvals down -8.4 per cent. Despite the fall in approvals over the month ...

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