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Property Appraisal Adjustment: Aspects You Must Factor In
A precise comparable sale is very hard to find, since no two properties can be fully similar. While we are not talking about the uniqueness of a genetic code here, there still is hardly a chance for two properties to completely replicate each other. Why I am saying all this? In all honesty, it’s to introduce the need for a property…
Tagged: property valuation -
Stern Penalties Await Rogue Agents and Developers
Phil McCarroll writes a piece for the website Your Investment Property wherein he talks about the stern action that awaits real estate agents who are assisting in illegal foreign investment in properties. Responding to the report of the House of Representatives, the Federal Treasury Department has come up with 12 recommendations to regulate foreign investments…
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5 Imaginative Tips To Advertise Your Rental Properties
Larry Arth writes a piece for the website How to Buy Real Estate. Here, he categorically points out the best ways to advertise your rental properties. Of course, there are certain areas, says Arth, where demand is so high that houses are picked up the moment they are listed. For all the other areas, it might…
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Sydney Suburbs Hitting $1 Million Median Price Regularly
George Raptis writes a short but educational piece for the website Property Update wherein he writes that the phenomenal capital growth rate of Sydney has catapulted the number of “median apartment price of $1 million” suburbs by a fair amount. In contrast, only one suburb outside Sydney- Melbourne’s Balwyn North- has been able to enter…
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Sydney Registers Better Auction Clearance Rate
In an article for the website Your Investment Property, Phil McCarroll writes that the rate of national auction clearance has been coming down. In contrast, Sydney’s auction scene has been looking good. The preliminary clearance for Sydney has topped 80%; a figure it has touched for the first time in the last 5 weeks. Compared…
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First Home Buyers Seizing the Day
An article on the website realestateview.com.au suggests how first home buyers (FHBs) are looking beyond home ownership and setting their sights on property investment. Instead of short-term bliss, the FHBs are seeking wealth and security. Looks interesting!
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