Melbourne Property Market Update – January 25, 2014

By Peter Sarmas on 25 Jan 2014
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This week the ABS revealed that inflation rose by 0.9 per cent during the December quarter, leading economists to predict that interest rates will remain at all-time lows for some time.

• In his weekly property commentary, Peter Sarmas examines the outlook for the Australian economy in general, and the potential impact this could have on the housing market.

• Buyer’s advocate Cate Bakos recently negotiated with two vendors who were selling their property without a real estate agent, and she was quite impressed by their approach.

• Are you looking to make your mortgage disappear a bit quicker? Perhaps you should consider an interest rate discount.

• According to Louis Christopher of SQM Research, the Sydney property market is about to have its strongest start in over 15 years.

• And those looking for a family activity this Australia Day can attend a free concert at the Sidney Myer Music Bowl before enjoying the fireworks around Victoria Harbour in Docklands.

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

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