Tracey’s Property News

  • Sydney Displays Robust Clearance Rates

    Sydney has met the oncoming autumn season on an even keel, reciprocating its warmth and robustness beautifully. For the second week on a trot, its auction clearance rate has gone past the coveted 80% mark. Critics could say it was a skewed figure had the listings been too few (as is the case with Adelaide)…

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  • Co-investing in property with your loved one

    Michael Yardney speaks about the prospect of co-investing in properties with your loved ones. In an article for the website Real Estate View, he addresses the situation suggesting that the intent is right but the results may not be something to be jubilant about. Investing with your loved ones can bring money into the equation,…

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  • Best Way of Approaching your First Home

    Are you feeling stuck for ages at your parent’s place? Do you think you have blown enough on rent? Or may be, the idea of home ownership has started making its way into your dream figments. Newsflash: you can own your own home and why not- don’t we have the highest percentage of home owners…

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  • NSW Borrowing the Highest Sum For Homes

    In a bid to realise their dream of home ownership, Australians are not shy of borrowing more. In an article for the website realestate.com.au, Venessa Paech reports that the national average home loan size has increased by 6.4% over the last couple of years. On an average, people are borrowing $319,200 for fulfilling their ownership…

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  • Properties Available for Sale Take a Hit In Sydney

    Number of properties up for sale in Sydney has plummeted by 17% over the last year. This brings the listings at par with the 2008 figures. An article on the website Smart Property Investment throws light on the subject. Only 20,080 properties are listed for sale presently and this can drive the prices beyond the…

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  • Finding Enough Financial Muscle for Your First Home

    First home buyers are not serving too many aces these days. While I concede they are taking a beating from a very accomplished adversary (the investors), they are worsening matters by making a lot of “unforced errors”. Australia, statistically, has the highest percentage of home owners on this planet. Need it be said then that…

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