The property market is showing signs of cooling down as we head towards Christmas, with Melbourne’s auction clearance rate dropping to its lowest level since spring began.
The café latte hipster set are making Melbourne’s inner west a hot area for property.
Once an exclusively working class area, the western suburbs are proving a great way for young Melbourne hipsters to get a foot in the property door.
Australia’s property market is one of the most over-valued in the world according to a report from Deutsche Bank Global Markets Research.
The RBA has, as expected, kept interest rates on hold for another month, and the month of June has seen the property market bounce back from its slight drop in May.
The RBA has given a warning that it believes property prices may fall due to an overheated market.
Australians have just been rated the richest people in the world and it’s because of one thing – houses.
The Harbour City’s house prices are continuing to sizzle, just like their weather will in the coming weeks.
Brokers, banks and processing companies are being inundated with mortgages as vendors rush to convert their spring property sales before Christmas.
Melbourne’s western suburb of Sunshine has been tipped as the next property ugly duckling to turn into a swan.
As we dust ourselves off from the summer holiday period, what can we expect in the property market for 2015?
