The finance and property markets are filled with statistics and measures. It’s obviously the way to read the economic state of things and the way to garner ideas on where things might be heading – crucial in planning economic moves.
Well, it is the year 2015. So a report about futuristic drones being used in Melbourne for selling property seems quite apt.
As reported last week, the Australian Bureau of Statistics has admitted it had under-reported the first-home buyer share in Australia’s property market, and one prominent aggregator head says it could even push up interest rates.
The lengthy period of interest rate cuts has provided a boost to the number of people refinancing their loans.
Interest rates should stay low for the foreseeable future but trying to predict where they’ll go in the medium to long term is hard.
The first thing most people speak of when they are talking about a residential investment is usually how many kilometres it is from the city’s CBD.
There’s lots of advice that always gets thrown around in the property market. While it’s always good to keep an open mind and take on all the information you can, there are some common pieces of advice that you might want to be wary of.
The idea to renovate your home is to make it more desirable to live in but also to add value when it comes time to sell.
There’s plenty of chat around about how high house prices are in Sydney and to a lesser extent Melbourne right now.
Proximity to the CBD is always at the forefront of the mind of a property investor. It’s one of, if not the biggest factor in the value of many properties.
