Australian Property Updates

Property Information & Real Estate Updates

Sydney vs. Melbourne

The Premier of NSW, Kristina Keneally does not agree with recent claims by BIS Shrapnel that Sydney will drop behind Melbourne in population within 30 years due to a housing shortage. According to industry experts Sydney’s housing market faces more challenges than Melbourne and has greater chronic housing shortages. A recent report by the economic forecaster BIS Shrapnel claims that, ...

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House Prices across Australia are on the rise with no end in sight

Auction clearance rates are on average around 70% – however Melbourne and Sydney are doing even better than the other capital cities. According to Australian property values were up 2.0 per cent in January and a further 1.4 per cent in February 2010. While first home buyers are rapidly being priced out of the property market, cashed up investors ...

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