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Here Are Latest News And Updates
New infrastructure: Sydney areas to benefit
In the latest McGrath Report for Spring, we have outlined the five most important infrastructure projects in Sydney and Brisbane that are likely to impact property prices. We chose to run a dedicated section on this because there are several significant projects...
Landlord rules overhauled in Tasmania – likely to commence July 1st 2014
Landlord obligations will severely tighten in Tasmania following amendments to the Residential Tenancy Act being passed by parliament last month. Landlords are now barred from increasing rents in six month intervals, are required to maintain tenanted properties to a...
House, rental prices fall in Perth says the Real Estate Institute of Western Australia
THE average house price in Perth fell by about $14,000 in the September quarter, and rental prices have also eased, the Real Estate Institute of Western Australia says. REIWA says the metropolitan median house price for September decreased by 2.8 per cent to about...
Mortgage offset accounts, are they worth it?
Offset accounts are an established and attractive feature of many home loans today – but are they really worth having and will you actually benefit? The answer depends on your actual money habits and what happens once you buy the property and settle into your new...
Six tips for making a pre-auction offer
In Sydney around 30% of advertised auctions were sold before the auctioneer did any work. In a strong market many buyers fear the auction process because competition drives prices out of their reach. Auction clearance rates are high so there is no doubt we will...
ONCE upon a time, a woman’s place was in the home – these days, she wants to own it.
Almost half of Gen-Y women say owning their own home is their number one goal, according to an online Westpac survey of more than 1,500 Australians. Home ownership ranked above having children and getting married, which trailed behind at 14 per cent and five per cent...
Where have property investors struck gold after 18 per cent rent rise?
SOARING rental returns on units have property investors singing 'Bound for Botany Bay', as they set sail to the bank. Rental prices in the Botany Bay Local Government Area (LGA) grew by 18 per cent per annum between 2011 and 2013 for two-bedroom units, ...
INVEST….NOT SPECULATE
As our property markets show signs of life again, many investors recognise that this cycle will be different to the last; it will be a cycle of more subdued growth. In order to outperform the markets one of the most common questions is “where’s the next hotspot?”...
Surry Hills property investors bleeding losses despite “bulletproof suburb” status
Buying in a so-called bulletproof suburb doesn’t guarantee that investors won’t be unscathed by property market fluctuations. Despite the enthusiasm of property experts and analysts, Property Observer notes it's still possible to lose money in suburbs which on paper...