Property News Round Up March 13
Welcome to the property news round up for the week! Here's what's caught our attention this week.
Property Observer tracks the ups and downs of property in Melbourne which has had a price reduction twice since the end of last year: Studio in Melbourne has been listed by mortgagees at $240,000., down on its recent $260,000 asking price.
Business Insider reports that The RBA has pointed out a problem in Australia's property market that is artificially inflating prices but it's suggested the report might not be accurate.
SMH asks Tinder for real estate': Is this the solution to the housing crisis? Great idea for an app. It will be interesting to see how this might affect the market.
In response to a new report, Your Property Investment mag looks at the question: Is It Safe To Buy Property With An SMSF?
As we briefly mentioned last week, the big four slash lending rates in 'war' to boost profits and grab market share Read more
Also, there was a great segment on Four Corners last night about our cities' ability to cope with population growth. Have you seen it?