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Category Archives: Victoria
Victoria economic snapshot
The Propell report on the Victorian economy has been updated and is available from the link below. 134 VIC Economic Snapshot April 2012
Posted in Australian economy, Melbourne, Victoria
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Melbourne residential vacancy rates rise
In an article in todays Age it was reported that Melbourne residential vacancy rates have risen to 4.4%, up from 3.6% last year. “Melbourne’s high vacancy rate is likely to put downward pressure on rents, particularly in places such as … Continue reading
Posted in Australian real estate, Melbourne, Victoria
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Car support program good for SA, VIC
In positive news for the SA and Victorian markets, Gillard gives her support to extending support for the car industry beyond 2016, which will do much to support the markets surrounding the major car plants in Elizabeth SA and Geelong … Continue reading
Posted in Adelaide, Australian economy, Melbourne, South Australia, Victoria
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Residential auction clearance rates
Auction clearance rates were up in Victoria but down in NSW last week according to REIV: These stats relate to properties for sale by auction, only (i.e. not private treaty sales). Auction is the common method for Victoria and NSW, … Continue reading
Melbourne resi auction clearance rates
Interesting article suggests that in Melbourne, units are selling better than houses, with a higher auction clearance rate. However, behind the numbers the difference is marginal (59% versus 56.6%) and numbers for both are well down on last year when … Continue reading
Melbourne house auction results 24Sep11
Last weekend, Melbourne had 697 properties for auction, of which 365 sold, a clearance rate of 52% which is considered low. The median house price sold was $690,000. The lowest clearance rate was on the 14 vacant land lots for … Continue reading
Victoria – economic update
This is our update of the Victorian economy. 89 VIC Economic Snapshot Sept 11
Posted in Australian economy, Victoria
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Residential markets: RPData-Rismark report
In the RPData-Rismark report released 29 July and attached, residential values are still falling, but the rate of decline is slowing, with prices, nationally, flat over the past months, though they report this as a slight fall in seasonally adjusted … Continue reading
VIC industrial market report
The Victorian industrial market report is attached. 81 VIC Industrial market overview July 2011 Extract: “After the burst of activity in 2010, further sales activity has slowed. One reason for the slowdown in transactions could be the high proportion of … Continue reading
SQM says house prices falling
In an article in today’s News web site is a report on house prices by David Koch, based on data from SQM Research, who are currently in the “bear” camp on the outlook for house prices. They report falls in … Continue reading
