What are House Prices doing in Melbourne? That’s effectively what people are focussed on when they ask us about our thoughts on the market. Are prices up, down, or sideways? And, of course, what does that mean for my property? Melbourne consists of over 400 suburbs. When considering the overall state of the market, we […]
Category Archives: Melbourne Property Market Research
Authored by Andrew Stone, Melbourne Property Market Research
Why Melbourne Real Estate Rates as a Very Good Investment
15
Jun
Jun
Overwhelmingly, the long-term trajectory of Melbourne House Prices has been upwards. The below graph shows the long-term trend in House Prices (grey line) and % Annual Growth (green bars). Over the last 40+ years, there have been 5 periods where House Prices have fallen, each ranging from 3 to 29 months in duration. Market corrections […]
16
May
May
The below graph shows how Melbourne House Prices and the S&P/ASX 200 Price Index have performed over the last 17 years. This historical view demonstrates a few things. Firstly, Shares and Houses tend to move in the same general direction. The correlation makes sense: both are inclined to appreciate in value in a strong economy, […]
Key Market Indicators, Melbourne Property Market Research, Uncategorized
When is a good time to buy real estate in Melbourne? Now.
24
Sep
Sep
Buy at the bottom of the market, and sell at the top. This basic, commonsense advice you typically hear in the stock market absolutely applies to residential real estate. But, how do you know when the real estate market has bottomed out? And, how can you feel confident about the market’s future trajectory? As far as […]
Key Market Indicators, Melbourne Property Market Research
How will the federal election result impact the real estate market?
20
May
May
The reelection of the Coalition federal government will undoubtedly help the property market in Melbourne. In this highly-charged political environment, that’s a bold statement that could get me into serious trouble with some, but the facts are simple: scrapping negative gearing for existing dwellings, and halving capital gains tax reductions across the board would have […]
Melbourne Property Market Research, Uncategorized
Your house is probably worth less than it was this time last year.
28
Feb
Feb
2018 was a tough year for Melbourne house prices. City-wide, median prices were down close to -10% compared to 2017. Not great news for existing home owners. I’m not going to get into all the reasons behind the falls (we get paid a decent quid for detailing that information to businesses across Melbourne and Sydney, […]
Data-Driven Investing, Investment & Development Advice, Key Market Indicators, Melbourne Property Market Research
Be Careful Where You Buy in This Changing Market
27
Nov
Nov
Headlines would have you believe that property prices are down close to 10% across the city. This simply is not true. There is no single ‘Melbourne Market’. In fact, the residential real estate market in Melbourne can be segmented a number of different ways: Type (House, Apartment, Townhouse) Size (Land m2, Bedrooms/Bathrooms/Car, Squares) Age (Older, Newer, […]
Investment & Development Advice, Key Market Indicators, Melbourne Property Market Research
Property Development in This Market?? Absolutely.
03
Oct
Oct
The Melbourne housing market is undoubtedly in the worst shape it’s been in for over 5 years. Prices are down in many areas and flat in most others; Auction Clearance Rates are low everywhere; Investor demand has decreased dramatically; and, the banks are tightening up lending practices for everyone. Ironically, now is the best time to […]
Key Market Indicators, Melbourne Property Market Research, Purchase Negotiations, Uncategorized
We’re Finally in a Buyer’s Market
17
May
May
After over 4 years of intense competition between buyers (and crazy resulting $ prices!), the Melbourne market is finally calming down. Sellers are no longer calling all the shots – Buyers are now increasingly finding themselves in the driver’s seat. According to CoreLogic, house values in the average Melbourne suburb have increased about 65% in the last 5 […]
- 1
- 2