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Melbourne Property Market Update – August 16, 2013

By Peter Sarmas on 16 Aug 2013 No Comments yet, your thoughts are very welcome

This week Street News has taken a look at the future of the Australian property market and from all aspects, it looks like good news. Recent RBA rate cute seem to be set to further boost an already booming market, and it certainly hasn't hindered property clearance rates over the weekend ...

$21.44 Million Gold Coast Mansion Sells For Quarter of Cost

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

One lucky buyer has entered into what could be the deal of a lifetime. News.com.au reported that West Australian civil engineer Riccardo Rizzi has purchased one of the biggest houses on the Gold Coast for an unbelievable bargain. The house in question, a six bedroom, seven bathroom mansion cost $12 million to build ...

Why Aren’t the Banks Passing on the Full Rate Cut?

By Peter Sarmas on 14 Aug 2013 No Comments yet, your thoughts are very welcome

Once upon a time, mortgage holders relied on the monthly Reserve Bank of Australia (RBA) meeting to tell them whether or not their home loan interest rate would go up or down. However, in recent years, financial lenders have made decisions independent of the RBA, frustrating many mortgage holders ...

What You Need to Know About Buying Your Next House

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

Buying a house is one of the most complicated purchases you’ll ever make if you’ve never done it before. Whether you’re planning on purchasing a new house or unit, it’s crucial you know what to expect of the process. If it’s your first time, read on for a simple guide to understanding the complex process of buying a home ...

Melbourne Auction Results – August 10, 2013

By Peter Sarmas on 12 Aug 2013 No Comments yet, your thoughts are very welcome

Last week's Reserve Bank announcement to cut cash rates by a further 0.25 per cent sparked rate cuts from banks and lenders around the nation. This means cash rates are now at the 59 year low of 2.5 per cent. Most banks moved quickly to pass on the rate ...

Mother of Simon Cowell’s Love Child Demands His Properties

By Peter Sarmas on 10 Aug 2013 1 Comment

X Factor creator Simon Cowell appears to have landed himself in some very hot water, and could be set to lose millions of dollars in property, assets and sponsorship. The 53-year-old music mogul is believed to be expecting a child with 36-year-old Lauren Silverman, the wife of a multi-millionaire property tycoon ...

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