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Monthly Archive for February, 2016

Australian’s love to renovate! Just take a look at the weekly TV Guide – reality television shows are a huge part of our daily renovation diet. And what would the weekend be without a trip to a DIY store? When it comes to renovating your investment property, it’s important to ensure you add value without […]

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Metropolitan Melbourne The latest Real Estate Institute of Victoria (REIV) data for the Melbourne rental market shows that the number of vacant properties in the metropolitan area increased 30 basis points in the last quarter of 2015. The vacancy rate has remained stable throughout most of 2015 at 2.8%. In November and December it increased […]

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Melbourne’s median price has moderated following four successive quarters of growth, providing positive news for house hunters in 2016. The median price fell marginally in the December quarter – down 0.1 per cent to a median house price of $718,000 – following solid growth of 4.5 per cent in September. REIV Chief Executive Officer, Enzo […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent. Recent information suggests the global economy is continuing to grow, though at a slightly lower pace than earlier expected. While several advanced economies have recorded improved growth over the past year, conditions have become more difficult for a […]

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