According to the latest report from SQM Research vendors lifted their asking prices by 0.5% for houses and 0.9% for units this month.
What’s really going on in the Melbourne property market?
April 23, 2013 By Leave a Comment
It was the best of times…it was the worst of times. These were the words seem as relevant describing the Melbourne property market today as they were when they were when written by Charles Dickens over 150 years ago in A tale of Two Cities. The latest RPData stats show that overall Melbourne dwelling prices [...]
Housing may be more affordable than you think
April 20, 2013 By Leave a Comment
Many young Australian families are having difficulty getting a foot on the rungs of the property ladder and the common catch cry is “property is unaffordable.” Some blame the high cost of housing on greedy developers while others blame ugly wealthy property investors using tax dodges like negative gearing. But is that really the case?
Credit card holders still paying off debt in 2037!
April 19, 2013 By Leave a Comment
Despite a slowdown of credit card use, too many card holders are holding onto their debt, according to Australia’s leading financial comparison website RateCity.com.au. Total credit card debt is currently just over $50 billion according to the latest Reserve Bank figures, and has been between $48 and $50 billion for the past two years.
Latest vacancy rate figures rise in some states and falls in others
April 19, 2013 By Leave a Comment
Figures released this week by SQM Research reveal a clear rising trend in vacancies for Perth, Canberra and a number of mining towns. For other capital cities, vacancies generally remained steady or modestly declined for the month of March.
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