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Monthly Archive for January, 2013

Home Owners Doubt RBA Rate Cut

Most home owners don’t expect the central bank to cut the cash interest rate at its first board meeting of the year on Tuesday. An online survey by mortgage broker Loan Market has found 55 per cent of respondents expect the Reserve Bank of Australia (RBA) cash rate to remain at three per cent. Loan […]

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Rental Market Wrap

Latest Real Estate Institute of Victoria (REIV) data indicates that the availability of rental homes across Melbourne continues to improve. A vacancy rate of 2.3% was recorded in Melbourne and 2.6% in Regional Victoria over the month of December 2012. Within Melbourne the highest level of vacancies was in the middle suburbs (those suburbs located […]

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The Real Estate Institute of Victoria (REIV) has just published an article declaring that Victorian residential property values surpassed $1 trillion for the first time in 2012. Property is a significant part of the Victorian economy and holds a large portion of the state’s overall wealth. This is documented every two years by the Victorian […]

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Steve Edwards was the first to call and accurately identify the location and object photographed. It is part of the fitness equipment in the park at the southern end of Craven Court at Sandhurst. If you haven’t visited there, make sure you walk or jog past in the future. Well done Steve. In future weeks […]

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Home Loan Update

It appears that some banks have begun to relax their lending criteria amid escalating competition for business and to keep their profits high. Home buyers can again borrow up to 100% of a property’s purchase price. This is the first time in three years that lenders have offered loans with no deposit. Borrowers need a […]

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As the name suggests, a pre-settlement inspection is an inspection a buyer makes after they’ve signed a contract to buy a property, but before making the final settlement payment and taking possession. Under the terms of a property sale and purchase agreement, new home buyers are entitled to take ownership of the property in no […]

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This object is located somewhere within the Sandhurst community. If you can identify it and where it is located, then be the first to call Kim Ward on 0405 332 691 and you will win a $100 dinner voucher to the Sandhurst Club. Over the next few weeks we will be uploading interesting photos to […]

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Property investing with friends or family can sometimes be fraught with danger. What if one party wants to exit the deal early? How will property repairs be paid for? What if someone is made redundant and can no longer finance the agreement? What if there’s a falling out? These are all important considerations, made more […]

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What is a Blue Chip Suburb?

In previous years, ‘blue chip’ was recognised as property located within 10-15 kilometres of a capital city CBD. And in times past such real estate tended to outperform the middle and outer suburbs as well as Australia’s regional areas. Thus is was accepted advice that buying close to the centre of town ensured the best […]

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Many real estate specialists believe that apartments are a better investment than houses. This opinion is based on pure investment terms and if the investor is looking to build a property portfolio. Apartments tend to rent out more easily than houses in most locations, have lower costs and require less upkeep. However, a house may […]

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