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Tracey’s Property News
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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.
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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.
Tagged: lifestyle -
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…
Tagged: property investing -
3 Mental Blocks That Make You An Average Investor
There are very few write-ups which make us take stock, switch on our “introspective mode” and in short prove an eye-opener. Louise Bedford’s piece on the Property Update is just one such write-up. She talks about three mental blocks which do not let us excel as property investors or share traders.
Tagged: property investing -
Chinese Tourists Look Beyond Regional Hotspots in Australia
A weakening Australian dollar has made it easier for foreigners to avail our tourist spots. Michael Yardney for the Property Update reports that the signals from global tourism had become frail in the light of a buoyant Aussie dollar. However, the tourists are coming back in big numbers, now that the Aussie dollar is coming…
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Mid-market segment to benefit most in remainder of 2013
Sydney’s middling properties, ranging from $500,000 to $1.5 million, could benefit most in the year 2013. Larry Schlesinger for the Property Observer says that they could rise as much as 10% in prices, outperforming the First Home Buyer segment and the Prestige Market. Sydney property market should overall exhibit a growth of close to 5%.…
Tagged: sydney property market
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