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Monthly Archive for September, 2011

Land Sizes Coming Down.

Development companies, over the past 2 – 3 years, have been subdividing lots into smaller and smaller sizes. So, whereas it used to be that a 600sqm allotment was an average size, and is in the more established areas, in newer developing areas 550 – 600sqm is now considered Big !! Standard lots are now […]

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Getting ready to sell

How important is presentation when you come to sell your property. Kim Ward, Sales Director of Sandhurst Residential Real Estate makes some worthwhile comments. Experience shows that vendors who invest in going that “extra mile” with presentation usually achieve a quicker sale and sometimes, a higher price. In a cautious market, the “wow” factor is […]

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The latest July rental vacancy rate figures from the Real Estate Institute of Victoria show the availability of rental homes in Melbourne is continuing to improve. For the first time since August 2005, all parts of the metropolitan areas have a vacancy rate in excess of 2%. Melbourne’s overall rate increased from 2.2% in June […]

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A question this week from a client at Sandhurst asking where we really think the property market is heading. Sandhurst Residential Real Estate Director, Kim Ward, knows Sandhurst better than anyone. She has been part of the project since the very beginning and has sold by far the majority of properties. Here is her reply: […]

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Patch of Green

Spring is in the air, and many Melbourne backyards are already exploding with blooms. In previous years, persistent drought and heavy water restrictions discouraged many gardeners from continuing with a grassy lawn, making way for synthetic turf or nothing at all. But with plenty of heavy rainfall and the weather warming up, perhaps it’s time […]

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It’s official…again! The experts have declared what we all know to be true – Melbourne is the world’s most livable city. Knocking Vancouver of its perch, the Economists Intelligence Unit’s latest livability survey places Melbourne in the number one position. It’s the first time in almost a decade of the global livability survey that Vancouver […]

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Veronica Siggins, Business Manager for Sandhurst Residential Real Estate said this week that there is a wide divergence in the availability of rental properties between the inner suburbs and areas like Sandhurst and Sandarra. According to vacancy rates recently released by the Real Estate Institute of Victoria (REIV), the availability of rental homes in the […]

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Interest Rates Stay on Hold

The Reserve Bank has decided to keep interest rates on hold, despite fears of the Australian economy struggling outside the mining sector. With instability in the European markets and concerns over a double-dip recession in the US, the RBA decided to keep official interest rates at 4.75 percent. RateCity CEO Damian Smith said the decision […]

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