Auctions are becoming increasingly popular and hugely successful in the Mudgee area as vendors rush to cash in on the fact that demand currently exceeds supply.
According to The Property Shop’s Hugh Bateman, private sales have traditionally been the marketing method of choice in the area but this is rapidly changing. Continue reading Auction Action is Heating Up!
A family’s budget-friendly transformation gives their cottage twice the previous space.
The Hamilton family finished their budget renovation four months ago so the question is: what does $300,000 get you? Continue reading Renovate or rebuild: How to go up in life
Did you know you can make money from your home without selling it?
Some home owners in the Mudgee district, for example, are increasing their income by renting out rooms within their homes.
This has occurred in response to the population growth in the area resulting from the mining expansion, with a corresponding rise in the demand for accommodation. Continue reading Rent + Deductions = Money in the bank
When you buy an investment property, you’re investing a lot of money in your future.
So you want to make sure you do everything you can to ensure you achieve a good return on your investment. Continue reading How to get a good return on your investment property
Knowing your limits and the market will help to expand your property portfolio.
Why do some people struggle to buy one investment property and yet others manage to own five or six? The answer isn’t simply that they have more money. Continue reading Make the most of your investment dollars
More than one in 10 Australians downsized their home last year to lower their housing costs, according to a new report.
The Citibank research has also found 63 per cent of people don’t think home ownership will be an option for their children, while almost three-quarters think the Government needs to do more to help first-home buyers enter the market. Continue reading Goodbye McMansions
The Reserve Bank has left its key interest rate unchanged for a second consecutive month as it weighs improving global conditions against a patchy economy at home.
As widely expected, the central bank left its cash rate unchanged at 4.25 per cent, a result tipped by all 19 economists in a Bloomberg survey. Continue reading Interest rates unchanged
Property co-ownership offers an innovative home ownership solution that cuts the costs of buying a home in half (or even less) depending on the number of people involved.
What is property co-ownership? Continue reading Co-ownership – Could you? Would you?
A DRAMATIC drop in inflation means there is now nothing to stop the Reserve Bank cutting interest rates when it meets for the first time this year on Tuesday week.
Australia’s official rate of inflation fell to 3.1 per cent for the year to December and to zero for the December quarter. It is the first time Australia has recorded no inflation in a quarter since December 2008. Continue reading Tumbling inflation makes rates cut firmer
Goods left behind in a rental property are a problem for the landlord, who can’t rent it out until the previous tenant’s things have been removed. It can also prove costly to tenants.
Between July and September 2011, Consumer Affairs Victoria dealt with over 900 cases of goods left behind in rental properties. Continue reading What happens when goods are left behind in a rental property?