melbourne residential property market

Incentives crucial for residential property market

THE federal and state governments needs to maintain incentives for home buyers to prop up the residential property market, according to the respondents to the 30th API Australian Property Directions Survey. ... Full story

Residential property auction wrap up

THE residential property auction market in Sydney and Melbourne are experiencing unseasonably demand. The winter months has failed to cool down home buyers interest, according to Australian Property Monitors. ... Full story

Window closing for first home buyers

FIRST home buyers in Victoria are expected to rush into the established housing market over the next few weeks ahead of the government's removal of incentives, according to Slater & Gordon. ... Full story

Vacancy rates nudge higher

VACANCY rates across Australia have risen marginally from 1.9% to 2.0% in April, with Melbourne recording the highest rate of 2.7%, according to SQM Research. ... Full story

Residential property auction wrap up

THE residential property auction has continued to strengthen last weekend following the Reserve Bank's historic interest rate cut to 2.75%. ... Full story

Industry really needed this rate cut

THE latest interest rate cut to the historical low levels of 2.75% will have an enormous impact on both the property market and retail trade. ... Full story

Residential property auction market wrap up

SYDNEY's residential property market auction has kicked off the month of May in fiery form, with the clearance rate rising to 78% last week - the highest level in three years, according to Australian Property Monitors. ... Full story

Residential listings fall

RESIDENTIAL property listings across Australia fell 2.7% in April to 345,034, according to SQM Research. ... Full story

Vic govt rejig home buyers grant

THE Victorian government has changed the first home owners grant, increasing the amount for newly constructed homes from $7,000 to $10,000. However first home buyers of established properties will no longer be eligible. ... Full story

Residential property auction market wrap up

THE Melbourne and Sydney residential property auction markets have both recorded clearance rates of 70% plus last weekend. ... Full story

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