Melbourne Property Market Update – June 29 2013
By Peter Sarmas on 29 Jun 2013
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This week Australia was rocked by an unexpected leadership spill, which resulted in Julia Gillard being ousted as Prime Minister and Kevin Rudd reinstated. As the country continues to adjust to this political turmoil, many wondered what impact current events would have on the property market.
• According to the Herald Sun, an earlier-than-planned election will boost confidence in the property market.
• A majority of brokers are also confident that they will see an increase in business activity after the election.
• As we head into tax season, BMT Tax Depreciation have five depreciation points every property investor needs to know.
• In her weekly auction wrap, Catherine Cashmore believes it is unlikely the end of the first home buyer grant will prompt a property buying rush
• And finally, for those suffering from the winter doldrums, read these tips for waking up your home with natural and artifical lighting.
