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Your Exclusive Buyers Agent – Specialising in Sydney’s Eastern Suburbs, Lower North Shore and Inner West
Sydney’s middling properties, ranging from $500,000 to $1.5 million, could benefit most in the year 2013. Larry Schlesinger for the Property Observer says that they could rise as much as 10% in prices, outperforming the First Home Buyer segment and the Prestige Market. Sydney property market should overall exhibit a growth of close to 5%.…
An article on the website realestate.com.au says that the Reserve Bank of Australia is considering cutting down the interest rate by a few more basis points to strengthen the low-growth areas. Dwindling Australian dollar, shaky import figures and sub-par performance of GDP is making the RBA think along these lines. Economists agree that the low…
Property market moves through cycles. You may think- Hang on! We aren’t being told this for the first time. No you aren’t. I am just taking this opportunity to reiterate the degree of truth in this statement. The market moves through crests and troughs and times of trough do not change overnight into peak or…
The Australian Finance Group (AFG) has processed mortgages worth $3.6 billion in May. An article on the AFG website reveals that the May figures are a neat 13% above the $3.2 billion recorded for April. It is worth noting that mortgage sales in April had already smashed all past records and so further improvement in…
In times when Australians are opting for the inner-city experience over the idyllic life of the suburbia and choosing balconies instead of backyards, ‘Walkability’ has certainly become a prime criteria for selecting homes. Michael Yardney for the Property Update asserts that homes closer to amenities, transport and healthcare facilities will be among the more sought…
The Australian property market has never been in better shape since the meltdown and this may just be the best time to secure or expand your investment portfolio.