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AARON CAMPBELL

Low-end Melbourne property is becoming even more affordable and  first-time home buyers celebrate!

Low-end Melbourne property is becoming even more affordable and first-time home buyers celebrate!

Sydney
What was once impervious to the decline in Melbourne property markets for several months, the low-end and affordable housing has finally joined the rest of the state as it heads into a downturn. What was causing prices to increase for the cheapest homes in the weakened market (swelling first-home buyer needs) has ceased to be a factor as credit restrictions become tighter and demand is lessened. The nine-month growth stint...
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Everything You Need To Know Before You Build A Granny Flat

Everything You Need To Know Before You Build A Granny Flat

Sydney
If you and your family have outgrown your existing home, a granny flat could be the answer. Or, perhaps you have a big, unused backyard that you’d like to make a bit of money out of. Again, a granny flat could be the answer. Granny flats are basically small, secondary houses that are placed on the same property as your original house. They can be used to house family members...
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Should I Be Buying A Property In Perth In 2019?

Should I Be Buying A Property In Perth In 2019?

Perth
The current state of the Perth and Australian property market is of high interest to real estate investors across the country. The Perth property market has seen a downtrend in recent years, with the slowing of the mining boom and lower resource prices impacting median house prices across the city. However, there are some suggestions that the downtrend could be coming to an end, with some experts forecasting a slight...
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Withstanding the downward trend in other capital cities, the median house value in  Adelaide reach record highs

Withstanding the downward trend in other capital cities, the median house value in Adelaide reach record highs

Adelaide
Adelaide, Australia’s fifth-biggest city, has seen surprising record highs in its median house value as it clambers toward $620,000 as of Feb. 1st, 2019. This is happening despite the downward trend in Australia’s other major cities and even nationwide, as October 2018 saw the sharpest annual decline in over 6 years. According to property analysts at CoreLogic, median prices nationally in Australia hover around $538,000 as prices have fallen 3.5...
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Brisbane Remains Robust in Australia’s Declining National Market

Brisbane Remains Robust in Australia’s Declining National Market

Brisbane
Although house prices in the national property market are declining, Brisbane has remained impervious and even prosperous. New data suggests that the average house price in this cultured city has seen a small increase even though other iconic cities in Australia, like Sydney and Melbourne, continue to decline. In the figure to your right, you can see that the quarterly change in dwelling values has decreased by 1.7% while Brisbane...
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The Melbourne Property Market Could be Worse Than you Think – Here’s why…

The Melbourne Property Market Could be Worse Than you Think – Here’s why…

Melbourne
Just how much are house prices tumbling? It is no secret that national median house prices declined nearly 5 per cent last year, with Melbourne earning the title as one of the weakest performing cities in the country. Property values in Melbourne have experienced an over 10 per cent drop year on year, and despite its lackluster performance in 2018, industry statistics support the belief that the downturn in the...
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Two Cities, One Dilemma

Two Cities, One Dilemma

Sydney
Sydney takes the cake when it comes to the most expensive residential real estate to purchase in Australia where the average housing price sits at $1.1 million dollars. Melbourne, being the second most expensive, averages $847,000 per house. Which leads to the question, why is it so much more expensive to purchase real estate in Sydney than it is in Australia, and does it justify a $300,000 difference? Supply and...
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