The Reserve Bank has slashed interest rates by 25 basis points to a historic low of 2.75 per cent, the first reduction this year.
Its decision to slash 25 basis points is aimed at priming those areas struggling as the economy transforms away from mining, in a effort to boost economic growth in Australia, which is still below trend. Continue reading RBA cuts interest rates to record low
RP Data has released their list of cheapest suburbs to buy a property around Australia, and there are some serious bargains to be had.
The 25 most affordable suburbs are geographically diverse. They are usually a long way from the CBD or nearest capital city, and have a lower socio-economic profile. Continue reading 25 best bets for bargain hunters
While Spring is traditionally considered the best time for the real estate industry, the problem with selling in the Spring is that if everyone else feels the same and puts their property on the market, it immediately increases supply and possibly dampens demand. So how about selling in Autumn?
In fact, preparing your home for an Autumn sale makes sense for a number of reasons. Continue reading Selling your home in Autumn
The most romantic day of the year is looming on the horizon, but sadly, not all of us have the bankroll to whisk our valentine off to a a five-star luxury resort in Tahiti. But before you book that sorrowful Sweetheart Package at a local motel, why not consider a classier, cheaper and trendier alternative? Continue reading Home Swap: Exchange More Than Affection on Valentine’s Day
With all the rainy weather we’ve been having, you may be put off from doing your usual house-hunting; however adverse weather is exactly the right time you should be inspecting. The best light isn’t always good when you’re buying real estate. No matter how deep you’ve fallen in love with a house or apartment, you will want to know its flaws and damages; and, just like bad weather brings out the worst in people, bad weather can do the same for real estate. Continue reading Hidden roof leaks for home buyers
There are a number of steps that a property manager and landlord can take to minimise the risk of a property falling vacant leading up to and after Christmas / New Year. Most prospective tenants are away holidaying and spending time with family over the festive period and as a result vacancy can be a real problem. Not to mention that businesses take some sort of break and run skeleton staff numbers during this time as well. Continue reading Christmas – a bad time to have a vacant property
People investing in property or upgrading the family home are expected to bolster Australia’s property market into 2010.
But plenty of economists are still warning that Australians are paying the highest ever house prices relative to income.
Even finance gurus like “Rich Dad, Poor Dad” author, Robert Kiyosaki, are saying the biggest-ever real estate bubble is about to burst. So how do people know if it’s the right time to dip their toe in and buy an investment property? Continue reading Property Investment: Is It Time to Buy?
Many purchasers report that they feel that real estate ads often exaggerate the features of properties for sale.
Yet agents frequently report that when it’s their turn to sell, many proud home owners just can’t help wanting to ‘oversell’ their property by insisting that every feature of their home is highlighted in every ad, or by describing their home as having ‘four bedrooms’ rather than ‘three bedrooms and a study’.
While artistic licence is commonly used in real estate ads, blatant use of said licence can, and will, work against your property.
So what does a real estate ad really need to achieve? Continue reading Deceptive property ad descriptions that disappoint
The central western NSW town of Mudgee, a hotspot for mining, agriculture and tourism, has been the top-performing NSW housing market over the past year, according to the latest Residex regional market update.
Mudgee district house prices are up 7.44% for the year to August, with a median house price of $272,500 following a gain of less than 1% in the previous 12-month period.
Residex reported a 16% jump in sales in Mudgee over this period, with 548 properties selling. Continue reading Mudgee leads list of 10 top-performing NSW housing markets with prices up 7.44%: Residex
For most Australians, a property is the largest and most crucial investment they will ever make.
Furthermore, a house doesn’t just have monetary value. A home is a living space for individuals and their families – a place of peace, security and comfort that you can return to after a long day and relax. For most of us, no commodity is so precious and vital to our lifestyle.
Therefore, it is advisable not to cut corners when it comes to choosing a home insurance policy. Continue reading Home insurance explained