Melbourne Auction Results 31st of July 2016 78% Clearance Rate 516 Reported Auctions Sold at Auction: 466 Passed in: 133 Sold Before: 68 Sold After: 0 Source:REIV Market Wrap (REIV) A clearance rate of 78 per cent was recorded this ...
Property investors appear to back with May recording a solid growth in investor lending and rumours that lenders like CBA are struggling to keep up with a backlog of loans to be processed. So where is that slump we’ve all been waiting for? Late last week CoreLogic and TEG Rewards released their latest findings which will surprise many. ...
NAB released the bank’s second quarter survey last week and the results will surprise many. House prices are set to rise faster than the predicted 5.1 per cent this year due to stronger than expected growth in Melbourne and Sydney (AFR). ...
There may have been a sigh of relief for investors more so than first time buyers as the threat of removing negative gearing and increasing capital gains tax on established investment was quashed. ...
Should Malcolm Turnbull be returned as Prime Minister, real estate going forward appears to have more certainty. Future property investors won’t experience any changes in capital gains tax or negative gearing for established properties in the short term. ...
The unthinkable has happened last Friday when Britain’s voted to leave the EU and really shows the importance of voting. To everyday Aussies this means very little but its the after affects that I’m concerned about and the cracks have already started to appear.
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