December Quarter 2017 New REIV data shows the December quarter median house price in Melbourne increased for the seventh consecutive quarter, up 1.1 percent reaching a median of $821,000.

For the year house prices recorded an overall increase of 13.2 percent, the highest rate of growth since 2010.

Despite the record annual increase in the growth of house prices, the market has cooled down in the last six months of 2017 recording slower rates of growth.

Although all of Manningham’s postcodes recorded strong annual increases, most suburbs recorded negative price growth for the December quarter, reflecting the slowdown…

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The release of the 2016 Census data contains some important insights about the future of our property markets.

Smart investors use the Census data to help them understand the types of properties that will be in demand in the future.

As our population continues to grow, so does the need for more housing. The takeaway from this for property investors who want to make good investment decisions is not to invest in just any type of housing or location.

As of December 2016, Australia’s population was recorded as 24,385,625 people. This was an increase of 372,805 people over the year.…

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Melbourne’s median house price recorded its lowest quarterly increase in almost two years.

According to the REIV, the median house price for Melbourne increased by 0.7 per cent in the September quarter, to $817,000.

New policy initiatives introduced by the government have impacted the median house price. Consequently, the change of rules had the greatest impact on the sale of apartments. The median price for apartments and units has fallen for the first time in six quarters, down 2.5 per cent to $587,000.

Despite the slowdown in the growth rate in median house prices, the market remains strong,…

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Understanding the Real Estate cycle is the key to making money and staying wealthy.

Once you understand the cycle, you don’t have to worry about all the conflicting news we are constantly being bombarded with about the housing bubble and all the doom and gloom about an imminent collapse. Knowing the timing of the markets could make the difference between growing your wealth or seeing it go up in smoke.

Australian economist, author and market cycle expert, Phillip J. Anderson has been studying the markets for over 25 years and has uncovered a property secret that goes back over 200…

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