“Interest-ing! How interest rate cuts drive our real estate” is the theme of this month’s HTW Month in Review – Currently the property market is performing well with steady growth across the board in Melbourne. – RP Data shows that Melbourne property prices have increased 8.1% over the past 12 months. – An interest […]
“2015 – the year ahead” is the Theme of this month’s HTW Month in Review.. Opinion on the Melbourne residential market – Here are some highlights: – There is a generally positive outlook for property market growth in 2015 as the RBA has kept interest rates at 2.5% for 16 months in a row and […]
Highlights over the three months to January 2015: Best performing capital city: Hobart +4.4% Weakest performing capital city: Darwin -2.6%… Highest gross rental yields: Darwin houses at 6.0% and Darwin units at 5.9% Lowest gross rental yields: Melbourne houses at 3.2% and Melbourne units at 4.2% Most expensive city: Sydney, with a median dwelling price […]
Opinion on Melbourne Residential Market for 2014 – The year 2014 has been red hot in the residential sector of Melbourne. – When comparing median house prices from those of 2013, the results are as expected, jumping a staggering $91,000 in the median housing price, with an annual growth of 16.34% for the year […]
– According to the RP Data Home Value Index, the Melbourne median house price has surged by 9.3 % over the financial year 2013/2014 and 11.7% in the year to August 2014, coming in second after Sydney and proving strong house price growth. – While major banks claimed there is no bubble in the market, […]
