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Tracey’s Property News
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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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A Primer on Property Development
Many real estate investors find great thrill in turning into property developers. The starting point looks pretty simple. All that needs to be done is to buy a large plot of land and build many dwellings or apartment units on it. Once done, some of them need to be sold off while others held back…
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5 Features Investors Should Aim For To Attract Tenants
When rental returns stagnate, investors have to think outside the box. Fortunately, there is no dearth of ways in which they can make their properties more enticing for prospective tenants. To attract tenants, you will need to improvise, and you will earn your investment back through a mix of depreciation claims, rent hike and decreased vacancy. Let me…
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