Rents Continue to Rise
February 17th, 2012New data has shown that rents in Australia’s most sought-after suburbs have increased by up to 13 per cent in the last year.
Tenants are paying up to $60 a week more for accommodation than they were 12 months ago,…
Local Knowledge is Crucial
February 15th, 2012If you’re considering buying a property interstate, there are a few things to carefully consider before you take the plunge.
While there are some similarities between the ways real estate systems operate in each state, they do differ in areas…
Another Fantastic Quarterly Awards
February 10th, 2012Earlier this week, Harcourts Victoria held its Quarterly Awards ceremony in Melbourne. It was a great opportunity to celebrate the success of our top sales consultants, property managers and sales offices for the October to December 2011 quarter.
Even in…
Interest Rates on Hold…For Now
February 8th, 2012In a move that shocked both mortgage holders and property industry professionals, the Reserve Bank of Australia (RBA) failed to pass on another cut to the official cash rate this week.
The RBA decided against moving the cash rate down…
Median Prices Rise in Victoria
January 24th, 2012The Real Estate Institute of Victoria (REIV) has reported that median property prices in Melbourne and regional Victoria rose in the December 2011 quarter.
Over the quarter, house prices in metropolitan Melbourne rose to $550,000, an increase of 1.9 per…
Apartments Win Favour With Upgraders
January 23rd, 2012Outgrown your apartment? Need more space and can afford something bigger?
Once, there was no hesitation: you’d upgrade straight to a house. Now, more upgraders are seeing larger apartments as a viable alternative to houses.
Three-bedroom apartments are now seen…
Market Ripe for First Home Buyers
January 20th, 2012With house prices softening somewhat, now is a sensible time for those considering buying their first home to take the plunge into home ownership.
Within Victoria, the Government offers a range of grants and incentive designed to assist first home…
Buyers Set to Return in 2012
January 18th, 2012With tight vacancy rates, high rental returns and static property prices, a growing number of buyers are expected to return to the property market over the next few months.
In a recent survey conducted by Real Estate Business, 89 per…
2011 In Review
December 20th, 2011With the year almost over and Christmas just around the corner, I think now is a great time to look back over the past year and prepare for next year.
2011 has certainly been an unpredictable year within the property…
An Early Christmas Present from the RBA
December 8th, 2011The Reserve Bank of Australia (RBA) has delivered an early Christmas gift to Australian borrowers and retailers by cutting its key interest rate for the second month in a row.
The central bank cut its cash rate 25 basis points…
