house price

/Tag:house price

New million dollar suburbs propping up

Melbourne has 17 new suburbs with a million-dollar median house price, latest data from the Valuer-General reveals. One council in particular seems to be growing steadily in value, and that's the Glen Eira council - which welcomed four new suburbs into the million-dollar club in 2014. Those include Caulfield, Bentleigh, Glen Huntly, Ormond & Caulfield [...]

April Property Snapshot

April Property Snapshot Infographic Relatively low consumer confidence, stricter serviceability requirements for borrowers, tighter lending conditions for investors, affordability challenges and low rental yields are all factors that may contribute to the moderation in housing market conditions over 2015. These factors could be somewhat offset by the low returns from risk free assets and interest [...]

Melbourne residential market has highest growth over past quarter

 RP Data's latest February CoreLogic Data Home Value Index results have shown that dwelling prices in Melbourne rose at a greater rate over the past three months than in any other capital city.  Along with strong auction clearance rates of late (80% over the past weekend), Melbourne's strong residential market is placing sellers in good [...]