Its A Breeze Real Estate Solutions

Commercial property rents will double and residential property prices will rise by up to 40 per cent during the next four to five years, a respected economist said yesterday in a bullish forecast for the Australian economy. BIS Shrapnel’s chief economist, Dr Frank Gelber, who was speaking in Melbourne at a Real Estate Institute of [...]

It is not often that we compare stats on how long owners hold onto their properties, but it could tell us more about certain areas. Recently, rpdata.com looked into this under-utilised statistics and turned up some interesting results. However, before looking at these stats in more detail, it is worth explaining what a ‘hold period’ [...]

In 2009 The Age reported that the Real Estate Institute of Victoria’s view was that Melbourne’s median house price will be $1 million dollars in ten years’ time. You might think that it’s ridiculous or impossible for house prices to reach such dizzying heights, but is it? Let’s examine how far fetched this prediction really [...]