Tracey’s Property News

  • Avoid These Traps Of the Property Market

    In an article for the Property Update, Michael Yardney, one of the top property strategists in Australia today, talks about the major financial traps for property market investors. Along with James Hooper (Accountant), Greville Pabst (Valuer), and Carolyn Majda (Insurer), Yardney chalks out a list of such traps at the behest of friend Karina Barrymore…

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  • Construction Industry On the Move

    Continued environment of low interest rates has provided expected succour to the construction industry. For the December 2013 quarter, house and unit constructions have witnessed a degree of hike, unprecedented in the last 8 years. An article on the website Smart Property Investment observes the trend. Even more worthwhile is the fact that the construction…

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  • 2014 Can Be a Great Year For the Property Market

    Pete Wargent was more ebullient than many of his peers on Sydney’s property market scene and boy! Was he proved right? For the year 2014, he feels the same sense of ebullience. The good news, Wargent believes, is that none of the analysts have so far come up with dismal predictions and there is a…

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  • Housing Demand Likely To Come Down To Sustainable Levels

    The price of detached houses in Sydney rose by 15.2 % whereas unit prices spiked by 11.6 % in the year 2013. This, however, does not deter analysts from believing that the kind of mini boom that Sydney has witnessed lately might fritter out from here on. An article on the website news.com.au discusses the…

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  • Demand For Fixed-rate Home Loans Surprisingly High

    Barring NSW, which has witnessed a drop of 0.58%, each state has recorded a hike in the percentage of fixed-rate home loans written (comparing December against November). For the month of December, Fixed-rate loans contributed 33.06% of total home loans written and this figure is highest since March 2008. An article on the website The…

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  • Is Your Bargain Home Worth the Bargain?

    In my years of plying the buyer’s agent’s trade, I have come across many wonderful people who bought an apparently wonderful fixer-upper only to be duped non-so-wonderfully. On the contrary, I have also seen some of the bargain deals turning into renovators’ delight.

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