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.
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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.

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 developers have again been making their presence felt, snaffling 75 per cent of Melbourne’s development sites in the back end of last year.

Despite interest rate rises from banks, November has seen a 4.9 per cent jump in lending to property investors around the nation.