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A few years ago, the push to install solar panels on the roof of our homes began. The initial set up costs were considerable but the environmental and financial benefits over the long term were promised to be significant. So how has the drive for us to switch to solar power faired? Well, according to […]

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RBA Leaves Rates On Hold

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Headline inflation rates, having moved higher over the past year, have declined recently in response to lower oil prices. Wage growth remains subdued in most countries, as does core inflation. Further increases in US interest rates are expected […]

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In the 2017-2018 Federal Budget handed down by Treasurer Scott Morrison on the 9th of May 2017, the Government proposed changes to the Taxation Laws. From 1 July this year, all travel deduction relating to inspecting, maintaining or collecting rent for a rental property – previously allowable – will be disallowed. This is relevant for […]

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Even before the 2017 state budget was handed down by Tim Pallas, the Victorian real estate fraternity was twitching with anticipation. Where would the government give and take? Well, it’s all out in the open now, and it seems property investors are the hardest hit by the latest budgetary measures in the government’s attempt to […]

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Big is not always best!

Two-bedroom houses are outperforming the typical family home in Melbourne’s inner and outer rings as buyers look to enter the market below the suburb’s median house price. New REIV data shows the median price for two-bedroom homes in Melbourne’s inner ring rose 14.7 per cent over the year to March to $1,015,000 – a $130,000 […]

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Autumn market update

Following the Reserve Bank meeting this month, the cash rate was left unchanged at 1.5 per cent. The chance of a rate cut to 1.25 per cent was at 9.0 per cent according to the ASX RBA Rate indicator, however the rates were left on hold. Auctions have continued strongly in the March 2017 quarter […]

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At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Headline inflation rates in most countries have moved higher over the past year, partly reflecting the higher commodity prices. Core inflation remains low, as do long-term bond yields. Further increases in US interest rates are expected over the […]

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According to the Real Estate Institute of Victoria, there’s not a huge difference in price growth between houses and apartments, although it’s not identical. Over the past ten years, median house prices have increased by over 100%, while median apartment prices increased by around 80%. The REIV graph below provides a great visual perspective. There […]

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Melbourne’s median house price has recorded its strongest quarterly price growth since 2013 to smash the $800,000 barrier for the first time, new data from the REIV shows. The citywide median increased 7.6 per cent in the first three months of 2017 to a record high $826,000 – up more than $55,000 on December figures. […]

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You’ve been in a stable de facto relationship for a while now. In fact, your partner has moved into your property. If something sours and you split up, the home is still yours, right? In fact when it comes to property settlements, de facto couples have the same rights and liabilities as married couples, so […]

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