There is much written about the faltering Victorian property market and whilst som
e predict the market will remain lack lustre and even experience further declines in the year ahead it is not all doom and gloom when it comes to Melbourne’s property market. Whilst wider concerns over job security in the manufacturing sector and sluggish consumer spending are weighing on the market as a whole, clearance rates show that some suburbs are clearly fairing well in a soft market.
Blog: Market Intelligence & Commentary
May 11, 2012
Clearance rates show there is still strong appetite in the Melbourne property market
April 26, 2012
Rental pressure not set to ease off for the rest of 2012
The notably tight rental market of 2011 left many debating whether buying was a more 
affordable option than renting. As we reflect back on the past year, it is clear that rents are on the rise. Recent figures released by the Real Estate Institute of Australia indicate that overall rental pressure is not likely to ease any time soon, as the demand for rental accommodation is still strong, with the average vacancy rate remaining below the industry benchmark.
April 20, 2012
Victoria Market Update
With the first set of median price results for 2012 now released, it is clear that property 
prices have remained flat over the quarter, and the year. Clearance rates however indicate that some areas in Melbourne are not following the trend, with several suburbs well and truly exceeding the states 62% average.
Polls
If the RBA lowered interest rates, would this give you confidence to enter the property market?
- Maybe (56%, 24 Votes)
- Yes (28%, 12 Votes)
- No (16%, 7 Votes)
Total Voters: 43
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May 15, 2012
Victorian State Budget: Improved Assistance for all First Home Buyers
With the recent announcement of the Victorian State Budget, many home buyers are
anxious as to how they will be affected. The Victorian Government seems to have taken notice of the sluggish property market, and as a result has changed the way in which they will be assisting first home buyers, so that more people benefit.
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