One of the most reliable (and reputed) property comparison websites, finder.com.au, feels that the first home buyers (FHBs) in Western Australia will set the tone of property investment for their interstate rivals. As many as 90% of Western Australia’s first home buyers have set property purchase as their New Year resolution. They are a fiercely resolved lot and their desire to buy “interstate” may make life difficult for their peers in other states.
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Aussie Buyers Seek Location Above The Condition Of The Property
Location is on the top of the minds of Australian property buyers. This is followed by availability of amenities. To put it differently, the condition of a property hardly holds centre-stage in the criteria a buyer sets for himself today. Brendan Wong for The Adviser asserts that “property condition” has lost its traditional dominance.
The Term “Property Boom” Is A misnomer
It’s quite a feeling when you get your opinion voiced from other quarters as well. Being a person who has long been vocal against the use of term “bust” and “boom”, I feel vindicated while reading Mark Armstrong’s piece on the Property Observer. He asserts that we are not at or near a phase of property boom and the present growth is part of the natural property cycle.
Urgent Need To Do Away With Stamp Duty
The government-in-coming will do well to abolish stamp duty, says the Real Estate Institute of Australia (REIA). Stamp duty, levied as a traditional property tax, is not only inefficient but also decreases productivity of the nation.
7 Tips To Hit Upon Property Bargains
Home Building Costs Might Escalate In Coming Times
Are you planning to build a new home for yourself? Well! The time is just about ripe and you would be better off getting it built quickly enough. You may think why is this need to get it done quickly? Instead of taking a long dig at the answer, let me answer it straightaway for you.