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Monthly Archive for April, 2014

Smart home owners already know the benefits of paying more than the minimum repayment on their mortgage. And most experts agree that there has never been a better time to make additional repayments than right now. The concept is simple – pay a modest amount more than the minimum repayments and save bucket loads in […]

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Firing up for winter

One of the great things about having a fireplace today is that you have so many options so you can enjoy a cozy, warm fireplace that fits your specific lifestyle and personal preference. Before you get all fired up about all the new design options and functionalities, you need to keep in mind that having […]

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LEST WE FORGET !!!

It’s been 100 years since WW1 began and our Anzacs proudly marched off to the war.  Every year there are fewer old men at the dawn service at the Shrine of Remembrance.  That’s not to say however that time has dimmed our memory of the sacrifices they made for all of us. Whilst we are […]

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Living the high life

Melburnians are embracing apartment living, with mid-sized apartments attracting a higher rent than three bedroom houses across the city. The new REIV data show that two-bedroom apartments attract a median weekly rental of $390, an increase of 1.3 per cent on the December quarter.  The rental compares to $370 a week for a three-bedroom house. […]

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The advertisement said "renovator’s delight”. Which means either it needs lots of work or perhaps just a little TLC. But how quickly will the delight wear off once you start to add up the investment required to bring the property back to life? Before deciding to put in an offer, or bid at auction, one […]

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Moving up!

Apartment living across Melbourne has been booming for several years now and is set to grow further. Current information suggests that there’ll be up to 30,000 apartments built in our city over the next two years. While a large percentage of apartment buyers will be investors, there will also be thousands who will buy and […]

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Torn between two houses

You’ve been house-hunting for months and nothing has been quite right… Then all of a sudden, you’ find two houses you love, and you are torn between the two. How do you decide? Although it is easier said than done, making a final decision should be made rationally and not guided by emotion. In this […]

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Those who have been in the property market for some time invariably have stories of the one that got away – that first home, sold years ago, now worth close to $1 million; or that bargain investment unit in a rundown area, now gentrified and expensive. The REIV has been compiling median house prices for […]

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The latest median price information compiled by the Real Estate Institute of Victoria (REIV) provides analysis by house size and suburb – and it shows that homes in Melbourne’s middle suburbs reigned supreme in the latest quarter. The new REIV home data released in early March shows that three and four bedroom houses in the […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy was a bit below trend in 2013, but there are reasonable prospects of a pick-up this year. The United States economy, while affected by adverse weather, continues its expansion and the euro area […]

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