Property Management Fees Charged When Leasing a House or Business Place

Jun 22 2015 / 7:27 am Comments Off
letting-fees-create-disloyaltyFees Commensurate to the Services Rendered When you lease out a business place or your home, having a property management company to do all the hard work in finding potential lessees and doing the negotiations, will take out the burden from your shoulders. However, this is not free, and there is property management fees charged […]

Discovering 10 Amazing Apartments of the World

Jun 15 2015 / 2:47 am Comments Off
Screenshot at Jun 22 07-16-04Featured: Apartment of Rita Konig   A lot of people dream about enjoying apartment life because it evokes images of extravagant and creative professionals celebrating urban living. What makes apartment living desirable is that privacy becomes a priority – it is your personal space. You can choose your own furnishings, wallpaper and accessories. It can […]

Five suburbs on the up and up

Oct 5 2011 / 3:33 am Comments Off
Which suburbs do best in the long term? Drawing on REIV figures, Sunday Domain profiles the five Melbourne suburbs that had the greatest capital growth in median house prices over a 10-year period – from the second quarter of 2001 to the second quarter of this year. Malvern A tightly held enclave just eight kilometres […]

Finally, things are looking up

Sep 21 2011 / 4:21 am Comments Off
Spring looking good for property Supply levels have finally risen in the spring selling season. Melbourne is finally starting to see a boost in auction numbers for the spring selling season, which appears to have started late this year due to growing concerns about the health of the economy and property market. There were 626 […]

Values find safety in numbers

Jul 18 2011 / 4:54 am Comments Off
  A slowdown in Australia’s population growth may cut demand for property, partiuclarly apartments, in some areas.  Demand follows population, for better or worse. One of the primary factors that drives real estate prices is where people choose to live. Towns and cities with big populations have historically achieved the highest rates of property market […]

RBA keeps rates steady for another month

Jun 10 2011 / 3:50 am Comments Off
Mortgage holders have been spared an interest rate rise after the Reserve Bank today decided to leave rates on hold for the sixth straight meeting. The RBA board opted to keep the official cash rate at 4.75 per cent, the level reached when the board last hiked rates by 25 basis points in November last […]

Current Economic Conditions – REIV

May 4 2011 / 5:14 am Comments Off
Author and Source – REIV The Australian dollar has remained very strong in the March quarter on the back of strong commodity prices. The Australian dollar has been stronger than its US counterpart, trading at around 1.05 US dollars in mid-April and is expected to remain at around the current level in the near term. […]

Real estate agents in licence rort

May 2 2011 / 8:11 am Comments Off
Cameron Houston and Chris Vedelago May 1, 2011 Read more: HUNDREDS of underqualified real estate agents are exploiting a legal loophole that enables them to own and operate Victorian estate agencies after just five days training in New South Wales. The Real Estate Institute of Victoria has attacked the practice as a ”blatant scam”, […]

Thousands freed from high fixed-interest rate loans

Apr 15 2011 / 4:32 am Comments Off
MORE than 100,000 homeowners will be sighing with relief that their three-year fixed-rate mortgage has run its course. This group would have taken on their loan at a rate of more than 8 per cent and missed out on the sharp cut in interest rates by the Reserve Bank during the heat of the global […]

Rents higher as buyers hold off

Apr 8 2011 / 3:36 am Comments Off
Renters continue to be squeezed in the hip pocket as the deteriorating outlook for home affordability pushes up demand for rental properties, a survey finds. House rents increased in every capital city except for Sydney, Melbourne and Darwin, a report by property data collection agency RP Data found. Rents increased by 1.4 per cent nationally […]

April 2011 Interest Rates

Apr 5 2011 / 8:34 am Comments Off
The Reserve Bank of Australia has decided to leave the cash rate unchanged at 4.75 per cent at its monetary policy meeting today.  The comments below, extracted from the official RBA statement, elaborate on the reasons for the decision. “The global economy is continuing its expansion, led by very strong growth in the Asian region. […]

House investors to lose interest

Apr 4 2011 / 8:19 am Comments Off
By Peter Taylor THE bull run in house prices is set to run out of steam as investors realise that credit costs are dwarfing anaemic yields, according to a senior banker. National Australia Bank finance chief Mark Joiner yesterday said the property market was fully valued and likely to languish. “I don’t think property can […]

More suburbs enter the million dollar club

Mar 18 2011 / 8:03 am Comments Off
Despite below average sales volumes during 2010, the number of suburbs with a median price at or in excess of $1 million increased to 212 suburbs nationwide. During 2010, 212 suburbs across the country recorded a median price of $1 million as at the end of December. Importantly, this figure only includes those suburbs which […]

Proportion of expensive sales climb sharply since the GFC

Feb 25 2011 / 10:39 am Comments Off
Proportion of expensive sales climb sharply since the GFC During the final quarter of 2008, capital city dwelling sales in excess of $500,000 accounted for around 28% of all sales, over the final quarter of 2010, 46% of all sales were at prices above $500,000.Across the combined capital cities, there has been a surge in […]

Latest Market Analysis

Nov 14 2009 / 2:43 pm Comments Off
The rental market is still strong, with the vacancy rate in the inner city reportedly below 2%. This is expected to continue, with more demand in early December as prospective tenants attempt to find accommodation before the holiday period. Such high demand for properties coupled with strong population growth, rent prices are rising and tenants […]

Atwell & Co Real Estate
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