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Borrowing Activity Smashes Past Records
The Australian Finance Group (AFG) has processed mortgages worth $3.6 billion in May. An article on the AFG website reveals that the May figures are a neat 13% above the $3.2 billion recorded for April. It is worth noting that mortgage sales in April had already smashed all past records and so further improvement in…
Tagged: sydney property market -
Nine quick tax tips for property investors
To be on the right side of law and the taxation system, you need to be diligent about planning and paying your taxes. Ken Raiss for the Property Update gives a few tax tips for the property investors.
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Take the Pain out of Moving Homes
Home owners find the experience of moving homes highly stressing. This is partly because they are programmed to see it this way. With meticulous preparation and some common sense, you can make it an enjoyable adventure, writes Andrea Morgan for the London Property News. Morgan asks us to follow these simple tips: Start packing as…
Tagged: lifestyle -
Inflation-adjusted home value is the true indicator of growth
While the nominal or non-inflation adjusted home value will give you a rough idea of growth, the true picture is only reflected once you take inflation into account and adjust home values against it. Cameron Kusher for The Property Observer says that this is the ‘Real’ home value- a significant insight for those investing in…
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Weakening Aussie dollar may boost foreign investment
A weakening Aussie dollar could be a real cause of merriment for the foreign investors. It might even bring the expats back to Australia. Patrick Stafford for the Property Observer writes that a bottoming out currency would mean more purchasing power for the foreign investors and they would not like to miss out on this…
Tagged: sydney property market -
Sydney and Melbourne report very high auction clearance rates
What can possibly match this great combination- high auction listings and equally high auction clearance rates? Not many things! Nicola Trotman for the Property Observer reports that 1,541 auctions are slated for this week. Though a trifle lower than the figure for the last week, this number is just as phenomenal. Compare it with 1,300…
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