Friday, July 30, 2010

REIV reveals Melbourne’s median property price at $559,000


Melbourne’s median house price rose nearly $500 a day to hit a record high of $559,000 in the June quarter.

The 8.5 per cent rise since the March quarter pushes the home ownership dream further out of reach of many young buyers, Real Institute of Victoria figures show.

The new median is up from $515,000 in the March quarter and represents a jump of $3385 a week, or $484 a day.

Buyers’ advocate Ian James, of JPP Buyer Advocates, said it was virtually impossible for young people to save as fast as property prices were rising.


The Government’s immigration policies had created unprecedented demand for properties and were forcing buyers to look farther from the city to find a home they could afford, he said. 

Friday, July 16, 2010

Tenants Union of Victoria


The Tenants Union of Victoria aims to inform and educate tenants about their rights, to improve the status and conditions of tenants and to represent and speak for the collective interests of tenants in law and policy making.

The Tenants Union of Victoria provides advice, assistance and advocacy for tenants of private and public residential properties and residents of rooming houses and caravan parks in Victoria, Australia.


Publications include:

Other information available:
Advice Guides
Checklists
Rooming House Information
Renting for the First Time
Student Housing Information
Legislation

Visit The Tenants Union of Victoria at http://www.tuv.org.au/homepage.aspx if you have questions about your tenancy.

For more information visit us at TRUE TENANT.