With property prices softened, buyers can now call the shots, purchasing real estate in some of the best suburbs at lowered prices. Strategic purchases will yield better returns and result in greater appreciation when the property market escalates. The Perth property market has been on a decline over the last few years, but it may …
Summary: · AMP Bank has blacklisted 140 apartment suburbs across Australia due to oversupply and other issues · Queensland and Western Australia lead with most blacklisted suburbs · In Australian capital cities Sydney CBD and Melbourne CBD tops the blacklist for high rise builds AMP BANK has blacklisted apartments in more than 140 …
MELBOURNE PROPERTY: CBD VS FRINGE Among all the states in Australia, statistics show that Victoria will have the largest population in the future, driven by massive and rapid growth in Melbourne city (source: CBRE). The Australia Bureau of Statistics projects that Melbourne will overtake Sydney as Australia’s biggest city in 2053. It’s easy to understand …
“…we can live without gold, we can even now live without oil, we can live without stocks and shares, we can live without just about everything now, but we can’t live without somewhere to live. There is this whole crowd of people who love to give the property market a hard time as if it …
Melbourne Suburbs If you’re watching the Melbourne suburbs market following our last posting on the Australia Outlook for 2016, here are some tips to give you a heads-up on what Melbourne suburbs to look out for in this city this year. To recap, Melbourne did pretty well last year, ending 2015 on a high auction …
TALK is rife that the Australian property market is poised to slow down and prices are set to slump, attributed to an ongoing market correction in Perth and Darwin, and the APRA actions of restricting credit growth. As usual, this has sparked a debate among the experts. Some say that Australia’s housing price boom has …
PLENTY has changed for the Brunswick East neighbourhood. The suburb in Melbourne’s inner North has transformed into a gentrified area featuring some of the hippest and trendiest dining, entertainment and retail outlets in the city namely along the Fitzroy and Lygon Streets. At its most basic, Brunswick East’s allure lies in its close proximity to …
In the second part of this blog, we touch on what the market players say about some of the suburbs listed in the Top 10 Perth Buyers’ Market List. These include top personnel from Properties Invest, Perth Property Partner, Harcourts Vogue, LJ Hooker and Midland Real Estate Plus. As we say, there are some upsides …
There are upsides to the softening of the property market in Perth. IT’S a buyers’ market now in several areas in Perth, including Beeliar, Southern River and Piara. With increased supply of newbuild apartments and houses, buyers can now haggle over pricing and purchase property at below replacement costs. News.com.au recently published a list of …
Speculations on the Melbourne & Sydney property market following the Australia Bureau of Statistics’ (ABS) latest figures on home prices in the June quarter, have been pretty disparate. According to the ABS, Melbourne & Sydney had posted home price rises of more than 1% in the June quarter, with prices rising by almost 9% in …
The State of Melbourne and Sydney Property Markets Read More »
