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Monthly Archive for March, 2016

When it comes to the property market, there’s a general perception that spring is the best time to sell, but is this really the case? Depending on the layout of your property, as well as its location, you may benefit from selling in another season. Winter Winter offers vendors an opportunity to take advantage of […]

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Melbourne’s property market is showing no signs of contracting as we head into autumn 2016. The auction clearance rate is sitting at around 74-76% based on results over the last five weekends, and median prices are as strong as ever in many areas. Big crowds are reported to be attending the majority of auctions with […]

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Melbourne’s rental vacancy rate (the percentage of vacant rental properties at any given time) has been hovering between 2.5 per cent and 3.5 per cent since the beginning of 2011 – representing a relatively balanced market place. According to REIV data, it currently sits at 3.1 per cent and has been slowly creeping up since […]

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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 that 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 […]

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