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Are house prices going to drop in Melbourne?

Are house prices going to drop in Melbourne?

House prices could start falling as early as the middle of next year – by up to 3 per cent in Melbourne and 2 per cent in Sydney – as the Australian Prudential Regulation Authority imposes further lending restrictions, SQM Research’s Boom and Bust report predicts.

Is a block of land a good investment?

Compared to other investments, land doesn’t need much of your involvement. It can be a passive long-term investment for you. What’s more, you may be able to buy smaller pieces of land with cash alone. Property taxes, insurance or maintenance costs aren’t too high.

Where can I find property listings for sale in Vic?

Noagentproperty.com.au is Australian’s #1 for sale by owner real estate website since 1999. Search our real estate and property listings for sale or rent in VIC. You can find all type of properties for private sales or private rentals in VIC including houses, apartments, land, units, acreage, farm, rural property and more.

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What information do we provide to our landlords?

At the end of each month we send our landlords a rental statement outlining the income and expenditure for the month, and remit the net rent into our landlords’ nominated bank accounts by way of electronic funds transfer. At the end of each financial year a profit and loss statement is provided to our landlords free of charge.

What support is there for private renters in Victoria?

Providing higher level care and support for people with particular needs. Services and support for home owners and buyers. If you want to rent privately in Victoria and need assistance with the bond, you may be able to borrow the money for an interest-free bond loan. Financial help and services for private renters.

How do I inspect a property before I rent it?

Before you apply to rent a property, you will need to inspect it. Inspections are arranged with the real estate agent or landlord. These can be arranged directly with them or the property may be open for inspection – where anyone can attend – at a set time and date.