Feed on
Posts
Comments

Monthly Archive for September, 2013

There are many different calculations of the median price available to the public. While having more information can be helpful, it can also be confusing. Earlier this month, the Valuer-General released their March quarter 2013 median prices. It showed a 5.4 per cent decrease in Melbourne’s median house price. The REIV recorded a 3.1 per […]

Read Full Post »

Melbourne’s overall vacancy rate in August increased slightly from the previous month to 3.7%, but is still down from April’s peak at 4.4%. The Real Estate Institute of Victoria reports in its June quarter analysis that inner suburbs in the 4-10km range continue to remain steady around the 3% mark rising in June to 3.2% […]

Read Full Post »

Victoria’s population has grown by 9% in five years and Melbourne has four of the fastest growing post codes in Australia, according to recently released Australian Bureau of Statistics (ABS) data for 2007-2012. This has prompted some justified media commentary on the need to further develop infrastructure in the expanding outer suburbs, although there are […]

Read Full Post »

Spring cleaning all around

The Reserve Bank continued to hold steady on interest rates in their last meeting, and the Federal election is finally over after what seems like years of pre-election banter and news coverage. The dust can finally begin to settle and early indications are that the initially positive outlook for the real estate market in spring […]

Read Full Post »

One of the advantages of self managed super funds (SMSFs) is that you can invest directly in residential property through your super. But there are plenty of rules governing how SMSFs can purchase and manage investment properties and the best place to start is with your trusted financial adviser or tax accountant. You can only […]

Read Full Post »

Most vendors are aware of the two traditional means of selling a property, by public auction or private sale, although many might not realise that the popularity of these methods of sale can fluctuate according to the health of the market as well as the circumstances of the property for sale. In a healthy market, […]

Read Full Post »

Property market poised to bloom in spring

Leading into the traditionally more buoyant spring sales period, indications are that it will be a much more vibrant real estate market than for the same period in recent years. Despite uncertainty from the looming Federal election and a range of influential concerns from mining and other industry on consumer confidence, Melbourne’s housing market is […]

Read Full Post »

RBA Leaves Rates on Hold

The Reserve Bank of Australia has left interest rates on hold at 2.5 percent at its September board meeting today. The official cash rate, which is already at a record low, was cut by 25 basis points last month. With the country about to go to the polls and the last cut still to make […]

Read Full Post »