Melbourne’s house prices have grown consistently for the last four years and its median house price now sits at $795,447 with further moderate growth predicted for 2017.
News
Scott Morrison has flown to London to seek advice on housing affordability
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23 January 2017
The Government is looking at implementing a housing bond aggregator to give affordable housing providers cheap and lengthy tenor debt for the construction of new homes.
Chinese investors are back lighting up Melbourne development sites
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19 January 2017
Chinese developers have again been making their presence felt, snaffling 75 per cent of Melbourne’s development sites in the back end of last year.
Bank rate hikes for investor loans fail to slow growth in Australia
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18 January 2017
Despite interest rate rises from banks, November has seen a 4.9 per cent jump in lending to property investors around the nation.
Despite rate hike expectations property market confidence continues to rise
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13 January 2017
Despite expectations of future interest rate hikes, confidence in the residential and commercial property markets has risen to a two-year high.
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