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Melbourne Property Market Update – June 15, 2013

By Peter Sarmas on 15 Jun 2013 No Comments yet, your thoughts are very welcome

Several surveys and economic reports were released this week, including ANZ’s monthly jobs figures and quarterly house prices, prompting some gloomy predictions from news sources around the country. In response, Business Spectator released an interesting article ...

Home Lending Figures Rise Slightly in April

By Peter Sarmas on 13 Jun 2013 No Comments yet, your thoughts are very welcome

The number of approved home loans rose by a seasonally adjusted 0.8 per cent in April, according to the latest housing data from the Australian Bureau of Statistics. The findings were well below market expectations of a two per cent rise for the month ...

Local Insights – Montmorency

By Peter Sarmas on 8 Jun 2013 No Comments yet, your thoughts are very welcome

As we edge into winter, areas of the Melbourne property market are performing better than others. This week, we decided to offer our local insights on the small but very popular suburb of Montmorency, which is loved for its country and community feel ...

Melbourne Property Market Update – June 8, 2013

By Peter Sarmas on 8 Jun 2013 No Comments yet, your thoughts are very welcome

After meeting this week, the Reserve Bank decided to leave the cash rate on hold at its record low 2.75%, choosing to wait and see what impact last month’s cut has on the economy. Read on for the other property-related items in the news this week ...

Toni Collette $1 Million Out of Pocket after Property Battle

By Peter Sarmas on 7 Jun 2013 No Comments yet, your thoughts are very welcome

Australian actress Toni Collette and musician partner David Galafassi have been ordered to pay over $1.1 million after losing a non-performance legal battle in court against Susan and Nick Kelly, founders of the Industrie men’s clothing label. The couple were set to purchase the Paddington home in east Sydney to live with children Sage and Arlo for over $6 million in September 2011 ...

The Importance of Landlord Protection Insurance

By Peter Sarmas on 5 Jun 2013 No Comments yet, your thoughts are very welcome

While the majority of tenants take good care of rental properties, there are always exceptions to the rule. This is why landlords need to have the right insurance cover should they find themselves in a situation of dispute. Only 54 per cent of self-managed landlords had their property insured – leaving 42 per cent of self-managed landlords vulnerable to a potential loss ...

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