The Wakelin Blog
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It is one of the busiest time of years for property managers as they deal with the post-summer holiday’s annual spike in demand for rental property from new and returning tertiary sector students and new graduates as well as established workers who use a new year to mark a change in their work and living arrangements...
With so many data providers issuing house price information, investors are spoiled for choice. However, one can sometimes feel an information overload. So, to make your lives easier, we've listed the December quarterly data from the national providers, and also so provided a rough-and-ready * average of the lot. The message from the data is clear - both the national and Melbourne property markets powered along in 2013, and that the December quarter was especially strong...
For those who missed it at the time, here's the podcast of Monique's 21 December appearance on ABC 774's Saturday Breakfast Show Finance section talking to Hilary Harper. It included a review of the 2013 property market and a preview of the 2014 one...
But there will be divergence in the strength of capital growth in our capital cities, according to Monique Sasson, founder, Wakelin Property Advisory: A slight weakening in auction clearance rates around the country in the last weeks of the 2013 market on the back of some very high stock levels led some commentators to suggest that the market had peaked with a weaker 2014 market on the cards...
In 2014, the Melbourne property market is likely to maintain and even build on the momentum of 2013, according to Monique Sasson, founder of Wakelin Property Advisory: 2013 was a year of recovery with values of many properties recouping the losses since the last peak in 2010. We anticipate this trend to continue, and that the momentum of the last 12 months should carry the Melbourne market upwards in the first half of 2014...
