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Monthly Archive for December, 2015

The rental market often starts to go into overdrive in the last few weeks of the year, and into the new year, as tenants look to finalise their residences for 2016. Property Profile Group members are anticipating strong demand for well located, quality properties in desirable locations. As reported by the REIV, across Melbourne, vacancy […]

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Melbourne‚Äôs housing market has continued to experience strong growth in house prices, despite major banks raising mortgage rates for both investors and owner-occupiers in recent months. The median house price for Melbourne broke yet another record in the September quarter, increasing 4.5 per cent to $729,500. Houses within the inner metro segment saw the largest […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. The global economy is expanding at a moderate pace, with some softening in conditions in the Asian region, continuing US growth and a recovery in Europe. Key commodity prices are much lower than a year ago, reflecting increased […]

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