Monthly Archives: October 2009

Strategy for impending rate rise on Melbourne Cup Day 2009

// // // ]]>// The impending rate rise this coming Tuesday will have significant implications on the property market where home prices have increased by over 3% in the September 2009 quarter. Key points to note: The Reserve Bank is … Continue reading

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Median Sydney house price hits A$610,000 for the first time

// // // ]]>// The average house price in Sydney has broken the $600,000 mark in September 2009 for the first time. This increase augurs well for existing home owners who have bought into the property market in earlier years … Continue reading

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How to get finance for your property

A few years back, banks and non-bank lenders were keen to finance homeowners who can demonstrate a steady income each month to repay their home loans. Since the global financial crisis, financial institutions are a lot more vigilant these days … Continue reading

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How to find a good property manager

// // // ]]>// Apart from charging a reasonable rate for managing your investment properties, I value the following criteria which makes a great property manager: 1. Service and responsiveness The time when you need your property manager most and … Continue reading

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The Waterfront development at Homebush Bay

// // The building design, colours and materials used, landscaped gardens and the water foreshores  at Waterfront apartments in Homebush Bay is inspired by a lifestyle that is typically Mediterranean. The names of each building block such as Palermo and … Continue reading

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1 Trillo Road, Subiaco, Perth

// // I recently inspected this stylish  award-winning home which is located on the western end of Subiaco at the corner of Trillo road. In addition to 4 double bedrooms, this house has a home theatre, study and covered alfresco … Continue reading

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How to conduct a pre-settlement inspection – Useful checklist

// // One of the most important aspects of property investment is to ensure the final product is in accordance to what was agreed upon at the point of exchange of contracts. This applies to all types of residential property … Continue reading

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Brand new Erskineville 2 bedroom apartment leased at $650 per week

// // The recently completed Motto apartments in Erskineville by Austcorp is now ready for occupation. Most of the 2 bedroom apartments within this development are maisonette style – double storey living with its own internal stairs and the master … Continue reading

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Verve Apartments in Erskineville almost completed

// // I visited the Verve apartments in Erskineville yesterday and inspected several apartments within the development. This development by AV Jennings appears to be well ahead of schedule whereby the initial target completion date of 20 December 2009 has … Continue reading

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Aussie house prices on the way up

// // Auction clearance rates in Melbourne and Sydney last weekend were 80% and 62% respectively despite the Spring racing carnival and Caulfield Cup in Melbourne. The Housing Industry Association’s affordability index dropped 3.3% (from 153 to 147.9 index points) … Continue reading

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Subiaco ~ A thriving metropolis in Perth, Australia

// // Subiaco is an obvious attraction to any visitor to Perth for its vast array of restaurants, cafes, pubs, shopping and markets. Conveniently located 3km west of the Perth CBD, Subiaco locals like the area for its convenience. You … Continue reading

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Impact of recent interest rate rise on Australian economy

// // The recent interest rate rise of 0.25% to 3.25% will have little impact on the Australian economy considering the level has been reducing over the last year to historical lows and that consumers have been factoring a rise … Continue reading

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First Home Owner’s Grant Hotspots in NSW

// // Despite the FHOG being gradually reduced recently, auction clearance rates were still holding up with first home buyers trying to secure the benefit during the last week of the grant. Clearance rates for Sydney Melbourne and Brisbane last … Continue reading

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Rationale for RBA’s 0.25% interest rate rise

// // One of the key rationale for the recent interest rate increase given by the Reserve Bank of Australia was that the economy has performed incredibly well compared to all the major developed nations around the world.  Unemployment remained … Continue reading

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Why overseas investors are attracted to Australian real estate?

// // Today, savvy investors take a global view of business opportunities because they understand the best opportunities may lie beyond their own shores. Due to its historic origins, investors from the UK have sought out Australia as an investment … Continue reading

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Recent acquisitions

// // Over the last 10 months, the Reserve Bank of Australia shed more than 4% off the cash rate to the current 3% which is now at a 50-year low. Capital cities around Australia continued to experience an acute … Continue reading

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300 Bathurst street, West Hobart

// // The thing I like about Tasmania or Tassie as it is affectionately known, is it’s fresh air and friendly people, not that you can’t get any in mainland Australia. However, if you have ever lived in Sydney, you … Continue reading

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137 Deepwater road, Castle Cove

// // Tucked away just 11km north of the CBD, Castle Cove is exclusive and a sanctuary for nature lovers. Deepwater road runs the length of this peninsula suburb which is spread eastward from its access point at Eastern Valley … Continue reading

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TRIO Apartments, Camperdown, Sydney

// // TRIO apartments are developed by Frasers Property Australia. TRIO apartments are located on the intersection of Booth street and Pyrmont bridge road in Camperdown. It is 200m from the junction of busy Parramatta road and the apartments are … Continue reading

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2/25 Westwood Drive, Bulleen, Melbourne

// // This property is located in a quiet part of Bulleen, which is approximately 14km north east of Melbourne’s CBD. It is a peaceful and quiet residential suburb. What I like about this property and suburb: Strategically located just … Continue reading

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