Latest Property News

Valuer General Sees 39 Per Cent Price Rise in Melbourne Suburbs

By Peter Sarmas on 31 Jul 2016 No Comments

  Melbourne Auction Results 31st of July 2016 78% Clearance Rate 516 Reported Auctions Sold at Auction: 466     Passed in: 133     Sold Before: 68     Sold After: 0               Source:REIV   Market Wrap (REIV) A clearance rate of 78 per cent was recorded this ...

Survey Finds Now Is a Good Time To Buy

By Peter Sarmas on 25 Jul 2016 No Comments

Property investors appear to back with May recording a solid growth in investor lending and rumours that lenders like CBA are struggling to keep up with a backlog of loans to be processed. So where is that slump we’ve all been waiting for? Late last week CoreLogic and TEG Rewards released their latest findings which will surprise many. ...

Melbourne and Sydney Markets Defy Experts

By Peter Sarmas on 17 Jul 2016 No Comments

NAB released the bank’s second quarter survey last week and the results will surprise many. House prices are set to rise faster than the predicted 5.1 per cent this year due to stronger than expected growth in Melbourne and Sydney (AFR). ...

Election Outcome Spurs On Clearance Rates

By Peter Sarmas on 10 Jul 2016 No Comments

There may have been a sigh of relief for investors more so than first time buyers as the threat of removing negative gearing and increasing capital gains tax on established investment was quashed. ...

The Weekend’s Election Result Could See House Price Rises

By Peter Sarmas on 3 Jul 2016 No Comments

Should Malcolm Turnbull be returned as Prime Minister, real estate going forward appears to have more certainty. Future property investors won’t experience any changes in capital gains tax or negative gearing for established properties in the short term. ...

What Global Uncertainty Means for Property Prices

By Peter Sarmas on 26 Jun 2016 No Comments

The unthinkable has happened last Friday when Britain’s voted to leave the EU and really shows the importance of voting. To everyday Aussies this means very little but its the after affects that I’m concerned about and the cracks have already started to appear. ...

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