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Subdividing vs Renovating – Which Is More Profitable?
Mark Armstrong busts a real estate myth while reporting for Property Observer. In his article, he discusses how Subdividing may not be the most profitable way to go. Property owners hold two opposite ideas equally dear when they are looking to sell their properties. One such idea is Home Staging wherein they revamp their existing…
Tagged: property valuation -
Darlinghurst is the best performing Sydney suburb for 2012
Darlinghurst, the cosmopolitan enclave in Inner Sydney, is the top performer amongst Sydney suburbs for 2012. For 53 properties sold in the year gone by, Darlinghurst picked up a median price of $1.057 million. This complimented with a 21.2% increase in the house prices, is certainly a news to cheer, says Glenn Dwyer in an…
Tagged: sydney property market -
What’s going to affect the value of my property in the long term? – Property Investment Update
Property investment update I found an interesting article which talks about the factors that may affect property prices over a long-term. It suggests various reasons for property price movement, assuming demand-supply to be the core factor. Of course, demand and supply is also determined by a host of sub-factors like taxation system and affordability of housing.
Tagged: property investing -
Chinese Investors Keenly Interested in Sydney Property
Chinese buyers looking to invest in Sydney property market Last night I was looking at an insightful video about the Australian property market. It showed how China was looking to explore the Australian Prestige Market in a big way and what property managers are doing to cash on the trend. Recent launch of the Domain…
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Solid signs for property market
An article I read lately talked about the Australian real estate in very bright terms. It said how various factors would together contribute towards a seller’s market.
Tagged: sydney property market -
Fewer homes selling at a loss
The latest housing data shows a positive trend for Australian homes – fewer properties are selling at a loss. It is an interesting upward trend especially after a dubious quarter (July 2012-Sep 2012) where 13.5% of homes sold at a loss while only 30.9 % of homes sold at prices two times more than the…
Tagged: home prices
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