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Melbourne

Melbourne property prices fall 2.6 percent in the recent quarter

The Wire / By

Melbourne’s housing market is showing signs of cooling, with prices falling, auction clearance rates dropping and more properties sitting on the market for longer. But despite lower prices, many first-home buyers are staying on the sidelines, while renters continue to face rising costs and tight vacancy rates. So, what’s driving the shift, and what needs …

Melbourne property prices fall 2.6 percent in the recent quarter Read More »

Australia is experiencing it’s warmest winter

The Wire / By

Australia is experiencing one of its warmest starts to winter, with Sydney and Melbourne recording their warmest June ever, while much of southern Australia has seen above-average temperatures. Experts say climate change and the recent development of El Niño are driving the unusually mild conditions, with warmer and drier weather expected to continue through winter …

Australia is experiencing it’s warmest winter Read More »