The square metre rate of a property is a very important factor – it allows a further indication of value. This month, The Secret Agent Report investigates the volume of space – The Cubic Metre Rate – to see if there are any trends or correlations with regard to pricing.
Positive points can be given to both high and low ceilings. High ceilings allow for better air circulation and a feeling of grandeur, whilst low ceilings can make a room feel more intimate and allow for better acoustics and cheaper utility bills in some cases.
We also take a look at Inner Melbourne’s Commercial market, presenting some recent sales of interest.
Please click here to read the report, and also view the past six months of sales data for Inner Melbourne’s houses, townhouses and apartments.
In next months edition of The Secret Agent Report, we discuss the feeling you get when you know a property is just right! After a year of covering many different specific topics (such as Coffee, Vegetation, Walkability, Housing Styles and Parklands) and analysing data for countless hours, we decided to discuss the ‘je ne sais quoi’* of property.
*French: ‘I don’t know what.’ Be sure to read next months report…