Latest Property News

Fitzroy North as Good as its Neighbour

By Cate Bakos on 18 Feb 2014 No Comments

This Saturday just gone was an interesting one for me. I was engaged to bid on behalf of clients on a three story, three bedroom street frontage property in Fitzroy North. The vendors had already purchased and their desired settlement was particularly tight ...

Melbourne Auction Results – February 17, 2014

By Peter Sarmas on 17 Feb 2014 No Comments

Unemployment figures released last Thursday showed a rise from 5.8 per cent in December 2013 to 6.0 per cent in January 2014, which means unemployment levels are now above the 5.9 per cent reached during the GFC. More concerning is that joblessness in Victoria is now at 6.4 per cent, its highest level since January 2002. ...

Fewer Homes Selling Across Affordable Price Points

By CoreLogic RP Data on 15 Feb 2014 No Comments

This week RP Data’s Cameron Kusher reported that almost two years have passed since the property market kicked in again and commenced another cycle of growth. Looking back at how the market performed over this period, he found that a larger proportion of home sales crept into the higher price brackets ...

Melbourne Property Market Update – February 15, 2014

By Peter Sarmas on 15 Feb 2014 No Comments

A raft of property data was released this week, confirming that while housing finance fell in December, house prices remained strong overall. In his weekly market commentary, Peter Sarmas discussed the Reserve Bank's latest interest rate decision, and what this means for the property market moving forward ...

Gluten: Another Fad or the Real Deal?

By Trevor Chetcuti on 14 Feb 2014 No Comments

Recently, gluten has gained a lot of public attention due to its effect on our diet. We are seeing a rise in gluten free products, and conditions such as coeliac disease are becoming part of our common vocabulary. But is gluten really a big problem, or is it just another fad? ...

Housing Finance Falls, But Prices Remain Strong

By Louis Christopher on 13 Feb 2014 No Comments

Quite a lot of real estate data has been released this week! Let’s start with the ABS Housing Finance Approvals series. The one thing I find quite amusing is that there are so many different numbers in this series that almost anyone with a particular agenda can pull out a number that best suits them ...

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