September 10, 2019
Price gap widens between house and apartment in Melbourne’s favourite suburbs
The huge flood of new apartment construction in recent times has left apartment prices close to the city stagnating.
Apartments
April 18, 2019
Developers are upping commissions to get new apartment sales going
Financial advisors and mortgage brokers are being offered big commissions – up to 30 per cent bigger than last year – to sell completed apartments during the downturn.
November 1, 2018
State Government to take a bigger role handling apartments with high-risk combustible cladding
Local councils will be handing over the management of Victoria’s riskiest apartment buildings with combustible cladding to the State Government.
March 28, 2017
Half of Melbourne’s off-the-plan apartment buyers selling at a loss
In sobering news for off-the-plan investors, new research has revealed more than half of new apartments bought in Melbourne and then re-sold in the last five years have been re-sold at a loss.
February 21, 2017
Lenders tighten the screws on off-the-plan apartment valuations
Borrowing for off-the-plan apartments is getting tougher as lenders crackdown on property valuations for loan approvals.
December 19, 2016
New rules aim to put an end to dingy, airless and windowless apartments
New standards are in for Victorian apartments to make sure new constructions have enough light, air and storage.
October 12, 2016
One bedroom apartments can be a viable option for investors
Investors looking to buy an apartment don’t always have to choose a two bedroom unit over a one bedroom to get great return
August 2, 2016
Apartment construction could drop 50% by 2020
The boom in apartment building looks set to end, with new research predicting a 50 per cent reduction by 2020.
June 20, 2016
Drones an option as a commercial property and apartment building inspection tool
Drones are so 2016, and they are increasingly being used as a tool for building inspections.
May 30, 2016
Melbourne and Sydney city off-the-plan apartment owners feel the pain
Some inner city apartments are selling for up to 24% less than purchase price