by Konrad Bobilak | May 30, 2017 | property
Chinese investors are pulling out of Melbourne’s apartment market, prompting a downturn. In the past, they helped drive the inner-city apartment market to new heights. Around 5,000 new apartments are expected to be completed and up for sale this year. However,...
by Konrad Bobilak | May 30, 2017 | property
The phrase “rents in Brooklyn are going through the roof” probably does not conjure the image a tiny industrial pocket in Melbourne’s west. But far from New York’s trendy Brooklyn apartments, swarms of would-be tenants are now setting their sights and their rental...
by Konrad Bobilak | May 29, 2017 | property
Soaring inner-city house prices mean even Melbourne’s millionaires need to accept a major compromise, with some stretching themselves hundreds of thousands of dollars above their limits to secure homes just metres away from train lines. With a median price of $1.52...
by Konrad Bobilak | May 22, 2017 | property
Property prices in the country’s biggest capital cities have soared over the past five years, but a new survey shows Australians don’t all agree on what caused the boom. Foreign investment was seen as the biggest culprit for high house prices by more than half of...
by Konrad Bobilak | May 18, 2017 | property
The majority of Sydneysiders don’t believe foreign investors should be allowed to buy Australian property, despite experts claiming little evidence exists showing offshore buyers pushing up prices. A new study into attitudes towards foreign investors, spearheaded by...