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Monthly Archive for May, 2015

The median price for a home in Melbourne’s inner suburbs has topped $1.1 million for the first time. REIV Chief Executive Officer, Enzo Raimondo, said the $1,164,500 median price for the first three months of this year was up from $1,099,000 in the December quarter – a six per cent increase. “This is a year-on-year […]

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  Renting a property quickly to the right tenant is essentially the most important task any property manager can do for their client, but it doesn’t always run as smoothly as anticipated. There may be contributing factors, which property manager and landlord need to discuss and remedy together to achieve the result both parties are […]

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RBA Lowers Interest Rate to 2%

At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.0 per cent, effective 6 May 2015. The global economy is expanding at a moderate pace, but commodity prices have declined over the past year, in some cases sharply. These trends appear largely to reflect increased supply, including […]

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