The Reserve Bank of Australia has released the minutes from its March 4 meeting, which indicate that interest rates are likely to remain at record lows for some time. This is expected to drive new housing activity throughout 2014. On Street News this week, Peter Sarmas examines inner city price rises in the Melbourne property market ...
It’s that time of year again – The Block will be holding its famous Open for Inspection this weekend. Blockaholics can get up close and personal with the finished Albert Park apartments on Saturday and Sunday from 10am to 2pm. All of the contestants, as well as host Scott Cam and site foreman Keith, will be there to meet and greet fans ...
Figures released by SQM Research this week have revealed that the national residential vacancy rate decreased even further during February. Of particular interest this month is Melbourne’s vacancy rate figures, after the capital city recorded its lowest vacancy rate since May 2011 ...
Not many have noticed that the CSIRO issued a Five-Star Energy Efficiency report in December 2013. CSIRO was commissioned to assess if the new standard was achieving its goals. The study reviewed 414 houses across three climate zones over a winter and summer period, specifically in Melbourne, Adelaide and Brisbane ...
News reports have flowed thick and fast of late detailing Melbourne's robust hotel sector. Recent AFR articles show hotel occupancy rates have increased by nearly 4 per cent year-on-year. Investors and operators hold bullish sentiments for the future, while Melbourne maintains the lowest national major city room rate averaging $182 ...
I met two wonderful clients at a home show last year. They had been dreaming of investing in property, but for various reasons hadn’t made the firm decision to commit to a strategy. Perhaps they hadn’t devised a strategy, or perhaps the idea of risk scared them ...