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How Will A New Federal Government Affect The Property Market

All eyes have been on the real estate market lately, as changes are anticipated, following the recent hike in the official interest rate.  The RBA made the long awaited move to increase the rate to 0.35 per cent, an increase of 0.25 per cent in May, after two years of the lowest interest rates in history.    

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Preparing Your Home For A Winter Sale

While traditionally spring has been the peak selling season in real estate, today it is a year round affair.  Winter can be a great time to show your house when you take these tips on board.

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Interest Rates On The Rise And What It Means For House Prices

After an era of low interest rates that spanned more than 10 years, everything changed in May. That is when the Reserve Bank raised the official interest rate to 0.35 per cent, up 0.25 per cent.

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The 2022 Federal Budget & What It Means For Real Estate

The expansion of the First Home Guarantee (formerly the First Home Loan Deposit Scheme) to 35,000 places a year could lead to more buyer demand in Melbourne’s sub-$600,000 market and get tenants into their first home sooner.

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Five Steps To Take To Downsize

On the property journey there are many steps: from buying your starter apartment, purchasing your freestanding “forever” home and downsizing to something comfortable and the perfect fit for empty nesters.

 

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Melbourne Prices Up 20% In 2021

The latest release of the Australian Bureau of Statistics Residential Property Price Index has confirmed that the value of dwellings in the city jumped 20 per cent in the 12 months ending December 31. That compares to a national performance of 23.7 per cent. 

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Melbourne Market Update

Melbourne has certainly been a good place to invest in property in the last year - with the city experiencing 15.1% annual growth according to Core Logic. And banks and analysts are seeing continued if more subdued growth for 2022.

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How To Improve The Street Appeal Of Your Property

Street appeal is the x-factor that can have would-be buyers fall instantly in love with your property. But it’s not a mystical thing. Rather, it’s a proven strategy of ensuring the front of your home is so appealing that it stops people in their tracks and musters up feelings of instant attachment.

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Property Investment Update

While Melbourne’s rental market was one of the weaker performing of all capital cities in 2021, particularly its inner-city apartment market, there are signs that things could be set to improve in the year ahead. A reduction in rental vacancies and an uplift in the median rental figure point to a recovery ahead, something that will be aided by the resumption of international student travel.

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