by Konrad Bobilak | May 30, 2017 | property
This Saturday signals the official end to the autumn weekend auction selling season with the robust and reliable Melbourne clearly finishing on a high note. Over 1100 homes are set to go under the hammer this Saturday which will be similar to the 1120 conducted last...
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
Behold the urban mass that is Melbourne — the greatest city on the Australian continent in the 21st century. The last of the mainland state capitals — settled in 1836 — Melbourne stalked then usurped Sydney as Australia’s biggest city in the gold rush inspired 1850s....
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...