Top Stories in Australian Home Ownership October 7, 2019

Today’s trending stories in Australian home ownership and Home Loans.

  • Car parks add up to $200,000 to apartment prices in inner Melbourne: REIV
    A car park can add as much as $200,000 to the value of a one-bedroom apartment in some of Melbournes inner suburbs, new analysis shows.
    Suburbs within 10 kilometres of the CBD were most likely to benefit from having a place to park your Porsche, with the top 11 suburbs all within the inner ring.
    North Melbourne led the way, where one-bedroom apartments with a car space recorded a median price of $380,000 over the 2019 financial year. Comparable units wi…
  • Big results for Melbourne auctions after long weekend lull
    Melbournes auction results are feeling like they are back to normal for some agents, but a lack of new homes for sale is still taking its toll.
    After a quiet weekend because of the AFL grand final, auction numbers bounced back this weekend with 716 auctions .
    Melbournes preliminary clearance rate was 74.6 per cent after 516 reported results by Sunday.
    It followed last months strong results wi…
  • Buyers out and keen in Sydney despite quiet auction weekend
    Sydneys auction weekend may have been quiet in terms of the number of properties going under the hammer, but buyers were still out, keen to win the keys to their dream home.
    The NRL grand final and the Labour Day long weekend resulted in only 198 auctions across Sydney on the first weekend of October.
    By Sunday, the preliminary clearance rate was 75 per cent after 136 reported results.
    It continued the strong resul…