By Urban Melbourne on 9 Jul 2014 No Comments
In response to community feedback regarding City of Melbourne's heritage strategy, a number of steps have been taken to ensure council are at the forefront of heritage strategy and conservation. Last week the City of Melbourne endorsed The Local Heritage Planning Policies Review Paper, which is now open to public feedback ...
By Cate Bakos on 8 Jul 2014 No Comments
On Saturday just gone I headed out to 23 Sydney St Albion; a quiet and interesting little pocket almost completely surrounded by Sunshine. Situated only 13km west of Melbourne and in a zone 1 and 2 region on the rail line, Albion is unusually cute and features plenty of Californian Bungalows and weatherboard 1940s houses ...
By Peter Sarmas on 7 Jul 2014 No Comments
The Melbourne property market marches on. According to REIV the property clearance rate of 74 per cent was recorded this weekend compared to 73 per cent last week and 68 per cent on this same weekend last year. In 2014, about $9.8 billion in homes have been sold at auction. This figure is 41 per cent higher than this time last year ...
By Peter Sarmas on 5 Jul 2014 No Comments
Recently, many properties have sold on auction day or within a week after the auction, yet recent figures suggest a downturn in the property market is expected in the near future. This week, Peter Sarmas mentions that rising interest rates and an oversupply of city apartments may hurt the property market ...
By Erin Lyons on 4 Jul 2014 No Comments
Hollywood actress Anne Hathaway has sold her lavish Brooklyn condo after buying it 18 months ago. The Devil Wears Prada and Les Miserables star originally purchased the home with husband Adam Shulman for $US4.1 million early last year. Reportedly, the couple only used the space as a walk-in-closet ...
By CoreLogic RP Data on 3 Jul 2014 No Comments
Quite often, myths or commonly accepted facts about the property market can turn out to be incorrect when a review of the actual numbers is conducted. For example, It’s often said that most home owners buy and sell every seven years. However, research shows that in Melbourne the average hold period for houses is 11.4 years ...
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