Melbourne's explosion of inner-city apartments has led to an over-supply that may lead to Melbourne's property prices growing at a slower rate than other capital cities over the next few years.
News
Interest rate cut looking unlikely
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16 October 2013
Despite the Australian dollar's recent recovery, RBA October minutes suggest there will be no change to interest rates next month.
Healthy weekend for auction clearance rates
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14 October 2013
Out of 826 auctions reported to the Real Estate Institute of Victoria (REIV) on the weekend, Melbourne recorded a strong 76 per cent clearance rate.
Securing a property without a deposit
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09 October 2013
If you’re in a rush to secure a property and it’s a tight squeeze to raise the necessary deposit in time, you could get it done by purchasing a deposit bond.
Retail spending soft as homeowners pay down mortgages
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23 September 2013
The Reserve Bank says homeowners have used between 50 and 90 per cent of the money saved from ongoing interest cuts to pay down their mortgages ahead of schedule.
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