Latest Property News

Melbourne’s Rental Market Strengthens As Vacancies Tighten and Asking Rents Rise

By Louis Christopher on 24 Apr 2014 No Comments

Figures released by SQM Research have revealed that the number of residential vacancies nationally have decreased further during March. They dipped 0.1 percentage points to record a 2.0 per cent vacancy rate nationally, and 57,964 vacancies. Year on year, vacancies are also down 0.1 per cent ...

Alphabet Soup for Property Investors

By Sharon Fox-Slater on 24 Apr 2014 No Comments

The path to property wealth is far from simple – but that doesn’t stop anyone from looking for easy answers in the form of catchy real estate acronyms. We take a look at a few we’ve come across recently, and also examine each of these points in more detail ...

What to Consider When Investing in Student Accommodation

By Bradley Beer on 23 Apr 2014 No Comments

For 223,200 students, 2014 is their first year of university, taking the total of university students around the country to over 1 million. This means demand for accommodation has become quite competitive between students and families looking for well situated properties ...

Melbourne Auction Results – April 22, 2014

By Peter Sarmas on 22 Apr 2014 No Comments

Over the four day Easter holiday only 35 properties were auctioned in Melbourne. Surprisingly, even this is a high amount given that many appear to have headed away for a break or were busily preparing for Easter Sunday. Unsurprisingly, due to the low auction numbers no clearance rate was recorded by the REIV ...

Housing Data Shows Investors at Record High While First Home Buyers Miss Out

By CoreLogic RP Data on 19 Apr 2014 No Comments

The Australian Bureau of Statistics (ABS) released housing finance statistics for February 2014 earlier this week. As foreshadowed by RP Data’s Mortgage Index, the data showed that over the month there were 52,460 housing finance commitments to owner-occupiers, which was the highest monthly volume of commitments since October 2009 ...

Melbourne Property Market Update – April 19, 2014

By Peter Sarmas on 19 Apr 2014 No Comments

Though auction activity will slow across Melbourne due to the Easter long weekend, the number of auctions this weekend is much higher than the 10-year average. On Street News this week, Peter Sarmas reflects on what has been the busiest first quarter of auctions in Melbourne's history ...

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