Melbourne’s median house price hits new record
Melbourne property prices jumped 1.5 per cent in the June quarter to set a new median house price record.
Melbourne property prices jumped 1.5 per cent in the June quarter to set a new median house price record.
Properties in Melbourne’s regional areas are becoming more than just holiday homes, with areas like the Mornington Peninsula outperforming the metropolitan area.
The housing market has had a pretty good year compared to some forecasts, but the National Australia Bank has predicted things to seriously flatline next year.
There are calls on the newly formed Coalition Government to cut capital gains tax (CGT) breaks on property sales to help fix the budget deficit.
It’s bad news on the first-home buyer front with figures showing they are at their lowest level for over a decade.
If you own a rental property in Melbourne you may soon have to meet minimum condition standards before you can rent it out.
According to Australian Bureau of Statistics figures just over 227,000 dwellings were approved in the 12 months to May seasonally adjusted.
According to new Mortgage Choice figures more than half of investors in 2016 have been under the age of 34.
Economists say Britain’s unexpected exit from the European Union could boost the perception of Australian property as an investment safe-haven.
A CoreLogic report has revealed the Melbourne suburbs with the highest ratio of property investors.