Latest Property News

Smart Vendors Cash In Before Spring

By Peter Sarmas on 19 Jun 2016 No Comments

No doubt the Australia’s property market has been good, especially in Sydney and Melbourne. The latter, seeing auction clearance hovering above 70 per cent since the start of the year excluding last week’s Queens Birthday weekend. ...

Annual Price Growth Jumps over 13% In Melbourne and Sydney

By Peter Sarmas on 5 Jun 2016 No Comments

Good news last week when GDP figures released for March showed the Australian economy actually grew by 1.1 per cent for the quarter and house prices jumped. ...

Are Millennials Better off Than their Parents?

By Peter Sarmas on 29 May 2016 No Comments

The hotly debated question at the moment is whether it is easier for millennials to buy their first home than it was for their parents? The current perception is yes of course, but a recent article in the Australian Financial Review gives us an alternative view with a surprising outcome. ...

Apartment Danger Zones in Melbourne

By Peter Sarmas on 22 May 2016 No Comments

A total of 731 properties went under the hammer over the weekend, well below the 995 auctions for the same weekend last year. The Domain Group reported a clearance rate of 74 per cent, indicating the market is steady and in some parts very strong. ...

Rental Market Poses Threat to Investors

By Peter Sarmas on 15 May 2016 No Comments

The latest CoreLogic April rent review released last week shows rents increased slightly (0.1%) in April, however overall , capital city rental rates edged lower, falling 0.2% over the past 12 months. The report showed five of the eight capital cities saw a modest rise in rents with Sydney rising 1.4% and Melbourne 1.7%. ...

Interest Rates Fall and Budget Affects Super Funds

By Peter Sarmas on 8 May 2016 No Comments

Tuesday the 3rd of May last week became a very historic day on two fronts when at 2.30pm the Reserve Bank of Australia announced an interest rate cut of 0.25% to an all-time low cash rate of 1.75%. Later on the same day Treasurer Scott Morrison released ...

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