Melbourne’s inner suburbs experienced higher than usual vacancy of 3.8% in January this year but have since decreased back to a more normal figure of less than 3% for February and March according to the REIV. Conditions in the middle and outer suburbs have shown a similar pattern with vacancy decreasing since January. As a […]
“Are rates causing any interest?” is the Theme of this month’s HTW Month in Review Opinion on the Melbourne residential market here are some highlights: – In the past 12 months we have seen an unusual event where multiple interest rate reductions do not appear to have spurred on the residential market in the same […]
“Outer Space ‘Far flung suburbs and their performance’” · These buyers are willing to deal with time spent travelling in search of affordable living in Pakenham, Officer, Cranbourne East and Clyde North · Many purchasers are trade or manufacturing related who work in the south-east. · The area is currently being developed with low density, […]
“Brickbats and Bouquets – ‘All that’s Right and Wrong with Our Markets’ ” Opinion on the Melbourne residential market…. · Areas such as the northern suburbs are experiencing a slide in demand since the expiry of the first home owners grant by the government which was a huge stimulus for growth in the area. · […]
“What Can I Buy for just $300,000? Opinion on the Melbourne residential market here are some highlights: · The patch we have chosen stretches from as close to the city as Preston out to as far north as Craigieburn offers primarily 1- and 2- bedroom apartments and blocks of vacant land that can be afforded […]
