Yearly Archives: 2012
Australians love to renovate
Australian spending on renovations hit $31 billion last year. The current economic climate has made Australians hesitant to take on additional debt. Rather than purchasing a new home, people are investing in renovation projects on their current properties. TV shows … Continue reading
Great returns on granny flats – but extra insurance required
Investors are getting returns of 10-16 per cent on the cost of adding granny flats to their existing properties – and increased cash flow courtesy of two lots of rent for the same land. … Continue reading
Property Sales Demystified
Every vendor wants to achieve the best possible price for their property when it goes to market; however the majority remains confused about the best sales technique to get results. There’s a good reason everyone is so confused – there … Continue reading
Capital City Values Rise Again
Dwelling values across capital cities recorded a second month of capital gains in July with dwelling values up by 0.6 per cent over the month following a 1.0 per cent rise in June. The RP Data-Rismark Hedonic Home Value Index … Continue reading
RBA: the purported Housing Bubble, Australia’s economy and China
The Governor of the Reserve Bank of Australia, Glenn Stevens, recently delivered a speech at a charity luncheon in Sydney that provided some telling commentary for Australian property investors. A highly respected figure that is watched closely by markets due … Continue reading
Rate Hold Will Strengthen Stability Within Housing Market
Century 21 Port Douglas Real Estate, believes that the Reserve Bank of Australia’s decision to keep the official interest rate on hold at 3.5 per cent for a second consecutive month will help to continue to stabilise Australia’s residential property … Continue reading
RBA Keeps Interest Rates on Hold
RESERVE BANK OF AUSTRALIA KEEPS THE OFFICIAL CASH RATE ON HOLD The Reserve Bank of Australia today decided to hold the official cash rate at 3.5 per cent for a second consecutive month – a decision that is expected to … Continue reading
No wonder Australian Tourist Towns are Doing it Tough
Australian residents made a record eight million short-term trips overseas in 2011-12, according to the latest figures released today by the Australian Bureau of Statistics (ABS). This is up from 7.4 million trips in 2010-2011, and more than double the … Continue reading
Rental Listings Increase Annually
According to RP Data’s latest Property Pulse report the total number of rental property listings across Australian capital cities increased 6.8 per cent over the year ending July 8. The ACT saw the biggest percentage increase in new listings, … Continue reading
