Melbourne News

Location	Time	Temp
Sydney	Sat	18°
Melbourne	Sat	12°
Brisbane	Sat	19°
Perth	Sat	24°
Adelaide	Sat	0°
Hobart	Sat	12°
Canberra	Sat	9°
Darwin	Sat	30°

House rents across Australia

29 October 2015 In: Property, Sydney, Melbourne, Perth, Darwin, Adelaide, Brisbane, Hobart, General

The number of properties available for rent in Australia has fallen while the cost of renting has risen. In September 2015 there were over 70,000 properties available for rent and all but 2.3% were leased to tenants. Every capital city except Darwin and Perth had a vacancy rate below 3%. In Hobart, vacancies fell from 1.4% to just 1%, according to SQM Research. The number of vacant properties in Sydney was 1.7% in September. Adelaide’s…

Melbourne Music Week

22 October 2015 In: Study, Melbourne, General

Melbourne Music Week will this year feature over 100 events held across the city from 13 – 20 November. For eight days and nights, MMW will pry open basement doors, activate laneways, light up the silver screen and shake up the dance floor at some of Melbourne’s most iconic music venues. Alongside an electric line-up of local and international acts, MMW’s 2015 program will also feature a range of industry events, exhibitions, film screenings, workshops,…

Melbourne Knowledge Week

21 October 2015 In: Study, Melbourne, General

Melbourne Knowledge Week celebrates the ideas and talent often hidden away in the city’s studios, research labs, libraries and universities. The week-long festival, featuring over 50 events, allows you to discover the latest in robotics and supercomputing, explore behind the scenes at Melbourne’s leading medical institutions, and brainstorm with entrepreneurs. “Our knowledge industry is driving Melbourne’s economy, with two thirds of our workforce employed in the knowledge sector,” said Knowledge City portfolio Chair Councillor Dr…

Melbourne property market ‘robust’

19 October 2015 In: Property, Melbourne, General

In Melbourne, Australia, property sales remain robust with 70% of listed properties being sold at auction. In Melbourne’s outer eastern area clearance rates are above 80%. In the city’s south east, property sales are steady but vendors say there has been a drop in the number of inquiries. The Reserve Bank of Australia has warned of “housing oversupply” in Melbourne in its latest Financial Stability Review, but SQM Research statistics indicate a robust Melbourne market….

Rental costs fall in Australia

09 October 2015 In: Travel, Sydney, Melbourne, Perth, Darwin, Adelaide, Brisbane, Hobart, General

The cost of renting a house or apartment in Australia has fallen by almost 9% in the past 12 months. A huge increase in the number of residential properties – especially units (apartments) – that have come onto the market over the past couple of years has created an over-supply of properties and forced landlords to reduce rents in many major cities. In Perth, rents are at a three year low and the number of…

Parking costs in Australia

09 October 2015 In: Travel, Sydney, Melbourne, Perth, Brisbane, General

The cost of parking a car is a sore point among motorists the world over and it’s no different in Australia. The latest nationwide survey reveals that Brisbane has the highest short-term parking charges of all capital cities in Australia. In Brisbane’s Central Business District it costs an average $15.03 for 30 minutes’ off-road parking, compared with $13.56 in Sydney and $10.71 in Melbourne. Brisbane motorists are charged $27.63 for one hour’s parking, compared with…

Melbourne property slowdown

08 October 2015 In: Property, Melbourne, General

The price of houses in Melbourne, Australia, is set to rise by just 5% next year. House price inflation in Melbourne is currently 11.5% but is forecast to fall to 5% in 2016 in line with the continuing slowdown in price growth. The cost of apartments is also forecast to soften, rising by just 2% in the coming year, compared to price growth of almost 3% over the past 12 months. Falling property prices in…

‘Grease’ star’s Melbourne fund-raiser

06 October 2015 In: Melbourne, Health, Entertainment, General

Australian singer Olivia Newton-John is in Melbourne this week to lead an annual charity walk event. The singer/actress, best known for her starring role in hit movie ‘Grease’ with John Travolta, is in Melbourne for The Wellness Walk, a 4.2km walk to raise money for the city’s Olivia Newton-John Cancer & Wellness Centre. It’s a cause close to Olivia’s heart as she has suffered from cancer. The star was diagnosed with breast cancer in 1992…

Kiss tour of Australia

05 October 2015 In: Sydney, Melbourne, Perth, Adelaide, Brisbane, New Zealand, Entertainment, General

Comic-book rockers Kiss are currently on a sell-out tour of Australia. The US heavy metal band, more famous for wearing make-up than for their music, are celebrating the four decades since their formation with a tour of Australia and New Zealand. The bands’ 40th Anniversary World Tour features a stage production called ‘The Spider’, moved by 38 computer controlled winches, boasting 220 automated lights weighing in at 43,000 kgs, incorporating 900 pieces of pyrotechnics and…

House prices fall in Australia

02 October 2015 In: Property, Sydney, Melbourne, Perth, Canberra, Darwin, Adelaide, Brisbane, Hobart, General

The price of residential property has fallen in half of all capital cities in Australia. In the past three months the value of residential property in half of Australia’s capital cities has decreased, with traditional ‘hotspot’ Sydney seeing flat price growth. Darrell Todd of thinkingaustralia says: “A fall in house prices is good news for buyers and migrants seeking to purchase their first home down under. I have been predicting a housing price slowdown since…

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