This Week In Australian Property #45

  • Leanne 500x500
  • by Leanne Brinkies
  • TWIAP
  • 8 Nov

Hi there!

Hope everyone in Victoria enjoyed their Melbourne Cup day this week (we spent it at an animal farm with our son!).  Good news non-Cup related continued while the horses were still running with the RBA holding interest rates again.  While this wasn’t a surprise to analysts, it does make it seven years since the Reserve Bank increased the cash rate!  A huge amount of people currently holding a home loan have never experienced a rate rise.

In more property news, the latest Ipsos Issues Monitor has worrying over house prices at an all-time high – now in the #1 spot in NSW and #2 in Victoria (behind crime!); and I’ve included the latest Spring Market Update by realestate.com.au.

Australia’s 2017 Architecture Awards were recently announced – check out some great buildings; Three Birds Renovations have completed another amazing house transformation (I wish I could do this!); and lastly, I’ve taken a look at last weekends auction results which saw first home-buyers dominate the Melbourne auctions.

I’ll be taking a break next week (some much needed R&R), so the next update on Australian property news will be in two weeks.

Enjoy!
Leanne

Trending this week

Interest Rates On Hold

Reserve Bank leaves rates untouched for seven years!

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Rising House Prices Causing Anxiety

Worry over the cost of housing is at an all-time high.

Read more

Spring Market Update

What you need to know!

Read more

Australia’s Best Architecture 2017

Take a look at the winners of the 2017 Australian Institute of Architects awards.

Read more

Three Birds Renovations’ Latest Transformation

It's amazing what they can do in seven weeks!  Take a look.

Read more

First Home-Buyers Dominate Melbourne Auctions

Melbourne Cup weekend helps first home-buyers.

Read more

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Leanne 500x500
Leanne Brinkies

Leanne is one of the most experienced digital professionals in Australia. With over 21 years of online experience and a passion for all things interior design, she is curating all of the content on the site - bringing you interesting facts and information to help you on your buying journey. If there's anything you want us to feature, let her know!

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