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.
News
Another hot weekend for Melbourne's auction clearance rates
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27 March 2017
It was another strong weekend for Melbourne’s auction clearance rates despite the current economic environment of lending crackdowns and interest rate hikes from banks.
There's still room for property investment lending despite regulator crackdowns: Mortgage Choice CEO
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24 March 2017
Mortgage Choice CEO John Flavell has told the Australian Financial Review there’s enough funding in the market to keep housing investors going despite lending cutbacks.
Further APRA crackdowns loom as September quarter house price growth sizzles
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21 March 2017
The heat is on state governments and banking regulators to take more heat from the property market after figures show house price growth more than doubled in the last three months of 2016 in Melbourne and Sydney.
Stamp duty concession for first-home buyers could actually drive up prices
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16 March 2017
The Victorian Government has axed stamp duty for first-home buyers on homes under $600,000 to help fight the housing affordability crisis, but will it have the opposite effect and push prices higher?
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