This week, a study released by Mortgage Choice revealed that Australians are confident about their finances. This optimism is said to be due to a succession of positive economic data. Property prices are also climbing at a steady rate. Peter Sarmas consulted property expects who attended a number of auctions ...
Have you sinned lately? Opposite the Macedonian Orthodox Church on Victoria Street, Seddon, Seddon Deadly Sins is where locals of all faiths congregate every morning of the week. My friend and I arrive at 10am on a grey Saturday morning. We're shown through the busy front and back rooms to the sheltered rear courtyard ...
You could snap up Julia Gillard’s famously modest Altona house at an upcoming auction. The property, which saw its share of media coverage during Ms Gillard’s three year prime ministership, will officially go under the hammer on Saturday December 14. It is expected to sell for upwards of $600,000 ...
By Sharon Fox-Slater on 21 Nov 2013 1 Comment
Given the potential profits, some property owners are tempted to rent their house by the room, but this strategy can be a legal and logistical minefield. The situation is particularly alarming if you find your tenant is a potential ‘slumlord’, secretly subletting individual rooms for profit. The ‘rooming house’ concept is becoming increasingly common ...
Properties are selling faster, house prices are rising and high auction clearance rates prevail. House prices grew by 1.2 per cent in Melbourne over the month of October, and the latest research released by RP Data Auction Plus suggests Melbourne’s clearance rate is around 71 per cent ...
Chinese investment in Australia tripled from 2007 to 2012, according to real estate firm Colliers International. Local restrictions on property purchases, tax disincentives and the new wealth accumulated in China are major contributing factors to this trend. We examined some of the other reasons Chinese buyers are drawn to Australian property ...