2016 property market

What's really happening in the Melbourne apartment market? | Michael Yardney [video]

What’s really happening in the Melbourne apartment market?  Is there an oversupply? Are prices falling? According to BIS Shrapnel’s latest Inner Melbourne Apartments Market Brief 14% of inner Melbourne apartments are sitting vacant and unoccupied, while the supply pipeline is at record level. Now that’s a recipe for disaster in the new and off the plan Melbourne…

17 Major Property Markets Recorded Falling Prices | Residex April Market Update

The latest data and analysis of the Australian housing market reveals that 17 of our major dwelling markets recorded negative growth in the March quarter. The following table  presents the latest statistics summary:- Table 1: February 2016 Summary The surprising capital growth standouts were the ACT and Hobart – Australia’s smaller and often forgotten cities. Capital…