Feed on
Posts
Comments

Monthly Archive for June, 2014

Buying your own home is one of the largest purchases you will ever make. What should you do to get ready? The key to a successful home purchase is using research and facts – not emotions – to make the right choice. The process may require patience, but here are three keys steps to helping […]

Read Full Post »

Rental vacancies across regional Victoria have remained low and continued to decline in the first three months of this year. New REIV data shows the state’s overall vacancy rate of 2.7 per cent was down from 2.8 per cent in the final three months of last year and 3.2 per cent a year ago. Vacancy […]

Read Full Post »

Interest rate update

On June 3, the Reserve Bank of Australia decided to maintain the cash rate unchanged at a record low 2.5 percent, emphasizing the most prudent course to support demand and help strengthen growth over time is by delivering a period of stability in interest rates. In a statement supporting the latest interest rate announcement, Governor […]

Read Full Post »

Market update

  After signs of softening demand in the previous month, there were more encouraging signals in May. The clearance rate has improved slightly to 70 per cent, there were a record number of auctions, a large number of transactions, ongoing house price growth, and an improvement in market sentiment. The improved sentiment regarding transactions in […]

Read Full Post »

What is amortisation?

Understanding what amortisation is can be very important when purchasing a home. Learning about this and other features of the home loan can help you schedule your home loan payment amounts to help reduce both the length and the costs of the loan. Amortisation is the factoring of a lump sum payment over time. For […]

Read Full Post »

New home sales in Australia posted a fourth consecutive gain last month (April), according to the Housing Industry of Australia (HIA), the voice of Australia’s residential building industry. Private sector new home sales enjoyed a monthly gain of 2.9% to be up by 6.0% over the three months to April this year. Multi-unit sales increased […]

Read Full Post »

As a business owner, it can often be more cost-effective to purchase a commercial property rather than leasing one. Advantages Buying commercial premises will provide you with increased security and freedom for conducting your business. Real estate is a good investment during times of inflation or low interest rates. Mortgage repayments may not be much […]

Read Full Post »

  Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace, helped by firmer conditions in the advanced countries. China’s growth appears to have slowed a little in early […]

Read Full Post »