If you think we are done with the ancient transaction method called Barter, just take a look at what’s happening in Perth. Perthites are swapping beer for goods and services. Facebook’s Perth’s Beer Economy page has 56,000 members and counting. They encourage more and more people to barter beer for goods and services.
Tracey's Property News
Owner-occupiers May Take Property Market Charge From Investors
I came across an article on The Adviser which sheds light on the latest Property Buying Intentions Report conducted by ME. It says that over the half year leading to January 2016, the percentage of buyers looking for a property in one year’s time has shrunk from 17% to 16%. The article says that amidst signs of decline, the market should hold for some time to come and property prices shall remain buoyant.
Sydney Median House Price May Fall Below The Million Mark
Phil McCarroll writes an article for the website Your Investment Property wherein he talks about the record fall of Sydney’s median house price as registered in the last quarter of 2015. This fall, precisely at 3.1%, is the hardest Sydney’s ‘median’ has been hit in recent memory. In fact, it is the first time since June 2012 that the Sydney median house price has taken a dip.
Vacancy Rate in Sydney to Shoot Upwards
Phil McCarroll writes an interesting piece for the website Your Investment Property where he focuses on the vacancy rate in Sydney and its possible upward movement. The Real Estate Institute of New South Wales (REINSW) feels that the level of vacancy rate is quite acceptable at present but it is expected to shoot upward pretty shortly.
Sydney Property Investment Failing To Deliver? Get Your Act Right
Michael Yardney writes an article for Property Update wherein he says that not conceding one’s mistake is inherent to human nature. However, when it comes to real estate, they can avoid a lot of pain and monetary damage if only they acknowledge their mistake the moment they commit them.
Survey Offers Insight Into Tenant Wishlist
Phil McCarroll writes a piece for the website Your Investment Property where he talks about the wishlist of prospective tenants. He believes that there is a definite departure from the past in terms of what tenants are looking for in a house.