The Australian population is on a merry ride; what with a growth of 1.8% last year. We have added roughly 0.4 million people to the kitty of Australian citizens in 2012. All good but this brings forth a few pertinent questions. Is the housing sector good enough to keep abreast with the rising population? This is just one of the many questions that spring up.
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How To Select the Right Property for You
“At one time in the world there were woods that no one owned”. Great! But for good or for bad, we have left that time more than a 1,000 years behind. These are very interesting times that we live in and procuring one’s own property under the Sun is a coveted dream of almost everyone of us. If you are diligent enough, you can select the right property for yourself. It is largely about doing your homework right.
The Sunset Clause Should Be An Exclusive Right Of Buyers
“If winter comes can spring be far behind?”. In the same vein, a real estate bust always gives way to a property boom (part of the cycle). Buyers and sellers look for the support and resistance points, plateau and bubble prices and the beautiful real estate game goes on. Each side tries to safeguard its interest; sometimes correctly, sometimes not quite so. Take the oft debated Sunset Clause as an instance.
20 Amazing Economic Facts
According to the International Labour Organization, 200 million people will be out of job by the year 2013 (don’t look far; we are already in ‘13’). If you were to give a separate country to the unemployed, their population will beat each country’s population count except China, India, the USA and Indonesia. Let this be the first among the 20 amazing facts I am going to share with you.
Median house prices spike across Australia
An exuberant economy has triggered enough buyer confidence to push median house prices close to peak levels. For the record, the median prices are trading one percent short of the peak point. Barring a few cities, the trend is visible around Australia’s spectrum. For the March Quarter, National Median house prices have risen by 1.7% from $542,463 to $551,685. The price rise is attributable to various factors.
Where the Sydney property market is heading in 2013
Enjoy the season!
I just wanted to take a moment to wish you a very happy and safe holiday season.
With only a week to go until Christmas, the year has ended with great news having the RBA issuing yet another rate cut this month.
