Empower Blog Median Price

“NETTELS” Grow Property Values

Intrigued by the headline? - What are NETTELS? Well it is the new demographic term used for higher income earners with kids yet no time, as termed in a recent article I read written by Bernard Salt. So what does the abbreviation NETTELS stands for? Not Enough Time to Enjoy Life. They are aged between 30 & 49 years of age and both work full t...

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Home Prices on the UP & UP!

Australian home prices grew by 3.7% in the September quarter - the highest quarterly growth seen in six years, are the results being reported in Australian Property Monitors – Septembers Quarterly House Price Series Melbourne led the country with a 6.1 per cent increase over the June quarter.  The average house price in Melbourne was $487,249...

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The ‘NOISE’ is back – Property Prices Falling

The latest REIV median house prices for Victoria were released on Saturday and the media responded with all the noise we have come to expect.  Toorak properties prices fall by over 20%, Albert Park down over 10% for the quarter etc, etc.  However, as usual the ‘details’ were somewhat overshadowed by the sensationalist headlines and 30 seconds...

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