Capital city house prices for the quarter have risen 2.3 per cent and 10.7 per cent for the last 12 months, according to the latest figures from CoreLogic.
News
New laws set to allow developers to find new foreign buyers from failed off-the-plan sales
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30 January 2017
New rules are being assessed by our Federal Government that look to give protection to property developers from foreign buyers that pull out of deals.
Melbourne's median house price nudging $800,000
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25 January 2017
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.
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.
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