Australian Property Updates

Property Information & Real Estate Updates


Melbourne Investment Property Market Offers Major Profit

Melbourne property market values have risen dramatically in recent years. That phenomenal growth combined with a concurrent increase in Victoria’s capital city’s local population means there’s no time like the present to enter the market for investment property in Melbourne. Despite this rosy outlook, prospective investors in the Melburnian property market should proceed with cautious optimism, as many areas have ...

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Turning point of the property market ?

THE Melbourne housing market recorded a 1 per cent bounce in dwelling values in June, a bit of a surprise for many people following the market trends. The improvement in values over the month needs to be kept in context and it will be important to monitor the month-to-month movements to see if the June rise marks a turning point. ...

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Earthquake shakes Victoria

The US geological survey is reporting an earthquake of 5.2 magnitude, with the epicentre 10 kilometres southwest of Moe, between Warragul and Traralgon, in the state’s southeast. Windows were rattled and floors rocked as the tremor hit around 8.55pm and lasted for around 30 to 40 seconds. The Geoscience Australia website crashed as people flocked online to find out what ...

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Victorian First Home Buyers should act now!

According to the Housing Industry Association (HIA) and Commonwealth Bank Housing Affordability Index in March 2012, housing is progressively becoming more and more affordable in Australia.  The affordability Index for the March 2012 quarter is actually 11 percent better than it was last year. This certainly confirms that now is a great time to buy. Whats more, if you are ...

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What are Australia's priciest suburbs?

Despite all the doom and gloom in the media with respect to Australian property values, we still have quite a number of very expensive suburbs with properties selling in the millions of dollars. Sydney’s Point Piper has been identified as Australia’s most expensive suburb, with a median house price of $5.21 million dollars in the midst of property price meltdown ...

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