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25.01.2022 Interest Rate HOLD It has now been a year since the Reserve Bank cut interest rates with Australia enjoying one of the longest periods of interest rate stability on record. The Reserve Bank of Australia has met for its August general meeting and decided to keep the official cash rate on hold at 2.5 per cent for yet another month. All 20 predicted inaction from the central bank in August and only two are anticipating a rate increase before year's end. In a statement issued by the Reserve Bank on Tuesday afternoon, governor Glenn Stevens noted: "The increase in dwelling prices has been slower this year than last year, though prices continue to rise".

24.01.2022 What's Happening in Macgregor? Macgregor QLD 4109 is considered within Brisbane for statistical purposes. The property price index in the postcode 4109 for Jan to Mar 2014 is $478,578 based on 123 government verified sales. This represents a 7.9% increase when compared to the same period as last year.... In addition to this, compared to the same period last year, there was an increase of 55.7% in the number of properties sold from 79 to 123 recorded government verified sales. There are currently 25 for sale listings in Macgregor. --MarketWatch

24.01.2022 Real estate analyst gives tips for affordable suburbs that could boom QUEENSLAND Ipswich is one of the main areas identified in the report for Queensland thanks to multi-billion dollar upgrades to transport and local infrastructure and an RAAF base expansion.... Suburbs like Collingwood Park and North Ipswich were on the Hotspotting.com.au list They joined Beenleigh in the Logan City area, as well as Margate on the Redcliffe Peninsula. Mr Ryder, a real estate adviser and founder of Hotspotting.com.au said there were a range of key points to focus on when looking within the suburbs. The ideal affordable suburb will have commuter train links, medical and education facilities, good shopping, easy access to road networks and new spending on infrastructure under way or in planning, he said.

22.01.2022 "At the moment a lot of the Chinese nationals are seeking a potential new lifestyle down the track or an investment in a neighbouring and nearby country where there's safety and capital growth," said John McGrath, the chief executive of McGrath Estate Agents.

21.01.2022 The May 2014 lending figures indicate a stabilising market, and signal a period in which interest rates should remain at their current levels,

19.01.2022 Chinese investors drive Australian property boom http://www.abc.net.au//chinese-investors-drive-aus/5478990

14.01.2022 Brisbane Auction Clearance Rates

11.01.2022 How close can you get to the city centre in Brisbane for the median price? And what kind of house can you get for it? Greenslopes Greenslopes by name, green slopes by nature. Nestled only six kilometres from the Brisbane CBD, this leafy suburb features a shopping centre and a private hospital.... This two-bedroom Queenslander on 405 square metre block is on the market for offers over $575,000 and is being described by the estate agent as character-filled. City median $465,000. See more

09.01.2022 Half of home owners plan renovations, study shows More than half of Australian home owners plan to renovate in the next four years, a survey shows. Home renovations are expected to inject about $22.4 billion into the economy within the next 12 months, according to Galaxy Research findings.... Of more than 2000 Australians aged between 18 and 64, surveyed nationally, the average budget for those who planned to renovate was $16,130 while Gen Y planned to spend an average of $21,961. Galaxy research director Peter Matthew said the figures were based on a questionnaire about how much the respondents were willing to spend on renovations in the next 12 months. The participants were given a selection of price brackets, ranging from less than $5000 to $75,000 or more. From the total responses, the mid point is taken of each option and the average is calculated based on the number of respondents choosing each of the options, Mr Matthew said. South Australians and Gen Y were expected to carry out the most renovations in the next four years. Among those who planned to renovate, one in five would update their kitchen, making it the most renovated room in the house. The study, conducted in October, was commissioned by kitchen and laundry specialist Winning Appliances. ----Source from Domain

07.01.2022 Australian property market experts respond to RBA rent vs. buy report http://www.news.com.au//austr/story-fncq3era-1226990871166

04.01.2022 2014 forecast for property