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Housing Affordability: Positive for Purchasers

Housing Affordability is again in the spotlight with the release of the latest REIA/Deposit Power report. According to the report, housing affordability is in the best position since December 2009, however, the cost of rental payments are at a four-year high.

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Should You Pay Off Your Home Loan Sooner?

The question of whether or not you should pay your home loan ahead of schedule is going to depend on the type of loan you took out, how many years you are into when it comes to paying off the loan and how big of a penalty you might have…

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Generation Y is Defying Investment Tradition

There is a new trend when it comes to investment for Generation Y (those born approximately between 1980 and 1992) that has been detected by Australian property investment experts. This young group of people are abandoning the old trend of renting for a while and then buying a property in…

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Interest Rates Drop in Australia

The Reserve Bank of Australia (RBA) has cut the official interest rate by half a percentage point to 3.75 per cent after its May board meeting, its lowest level in over two years. Julio De Laffitte discusses what this could mean for you. Don’t waste the extra money you may…

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Australia’s Autumn 2012 Property Clock

The Property Clock is the Australian publication Property Observer’s telling gadget that lets buyers and sellers know which major capital city real-estate markets are hot and which are taking a dive. The clock is essentially a metaphorical diagram with 12 o’clock symbolizing a market at its peak with the prices…

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QLD Election is Going to Boost the Property Market

Change for the better is in the air in Queensland, Australia. The entire state is off to a brand new start with a new Liberal government and an attitude of confidence and optimism for the future. This shiny new outlook is bound to also have a positive effect on the…

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Positive Predictions for the Recovering Australian Residential Market

Last year Australian economic experts and columnists were predicting doom and gloom for the housing market. This was because the dollar was getting stronger and unemployment seemed an inevitability. Some economists were predicting thousands of jobs lost by March and .5% drop in rate of cash flow by March 2012.…

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Escalating Investment Boosts Property Markets in Western Australia

Perth, Australia is one of the fastest developing cities in the world according to a recent study by Jones Lang LaSalle with an economic growth of over $500 billion. This is due to enormous industrial development in the area including over $200 billion in gas, expansion of ore mines, coal…

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Demands for Rentals Skyrocket in Perth

Interest in renting in Perth, Australia has soared thanks to the need to house the employees needed to work on the $500-billion dollar expansion that is taking place in the oil and mining industries in the area. Furthermore many of these expanding corporations are making or already have their home…

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Will The Gold Coast Commonwealth Games Help Local Housing Development?

Throughout 2011 the Gold Coast area suffered a bit of a slump but property research directors are predicting a change of mood and a surge of confidence in this luxurious area thanks to the announcement that it will be home of the Commonwealth Games in 2018.

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