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 ...
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 ...
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 ...
Both renting and buying have their advantages and disadvantages. Approximately 30 per cent of Australian households currently rent due to the affordability, the flexibility to relocate and the ability to reside in otherwise unattainable areas ...
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 ...
I sometimes get so engrossed in analysing ABS figures, like the nerdy CA that I am, that I forget that some blog readers are new to the idea of property as an investment. Let’s take a look today at six of the basic characteristics of property as an investment and what causes prices to move ...