Sydney may have some distance to travel before it beats the Manhattan skyline but it has already gone past the inner-city property prices for Manhattan. For good measure, it has also surpassed the prices prevailing in Hong Kong, London and Paris. Kirsten Craze for the website news.com.au says that even homes in the Inner West are fetching in the vicinity of $800,000.
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These are all commentaries on articles and videos on the web that are interesting, relevant or simply entertaining to people interested in Sydney Real Estate.
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7 Tips To Get The Best Out Of Your Property Deal Negotiations
You cannot negotiate with people who feel that their loaves are theirs and your loaf is negotiable. However, if your counterpart is a reasonable person, a few skills might see you succeed each time in negotiating a favourable property deal. George Raptis for the Property Update talks about 7 ‘Timeless Tips’ for negotiating a property deal successfully.
Open homes give clues to prospective buyers
Open Home has done rather well as a procedure that draws prospective buyers towards residential listed properties. However, the fun component begins when you turn the open homes into a kind of an event, may be a complete carnival. Steven Cross for the Real Estate Business writes that top agents have found open homes to be quite a show.
Record Interest Rate Cuts Fail To Pep Up Borrowings
The further interest rate cut offered by the RBA on the 7th of May has done little to encourage borrowing activity in Australia. Michael Yardney for the Property Update reports that despite luring circumstances, the mortgage market is not as active as it was before the Global Financial Crisis.
Australia Ranked 2nd By The Annual Human Development Index
If there are times you can see the Sun at midnight, you may be able to boast of being better than Australia. The rest of the world can safely forget the comparison. Australia has been rated 2nd, one rung below Norway (The Land of Midnight Sun), by the Annual Human Development Index.
Property Investment Locations Must Exhibit Diverse Factors Of Growth
Even if you have a Don Bradman in your team, your overreliance on one single genius can hurt you. You will be better served by a team that is blessed with many smart talents (even if a couple of rungs below Bradman). Terry Ryder for the Property Observer writes how areas exhibiting diverse factors of growth should be your choice for property investment.
