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Affordability lowest on record, set to worsen

Real Estate News
Friday, 23 November 2007

It is yet again disastrous news for home buyers, with home loan affordability at its lowest in the 22 years that the Real Estate Institute of Australia (REIA) has published affordability data. The September quarter 2007 edition of the Deposit Power/ REIA Home Loan Affordability Report found that 36.6% of family income was required to meet average home loan repayments.

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Housing Prices Continue to Move Upwards

Real Estate News
Thursday, 22 November 2007

Prices for house and other dwellings across much of Australia are moving upwards, according to September quarter price data released today by the Real Estate Institute of Australia.

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CAV Guidelines fail to address confusion in price representation

Real Estate News
Wednesday, 21 November 2007

REIV CEO Enzo Raimondo said today that the ‘Price Advertising and Underquoting’ guidelines released by Consumer Affairs Victoria fail to address the confusion which exists in the real estate industry and public in relation to the advertising and representation of prices.

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Buyer of Crathe House Mansion Revealed

Real Estate News
Saturday, 17 November 2007

The woman who bought the Crathre House mansion in East Melbourne has been revealed as the same buyer who famously sold her Toorak house to a neighbour for almost $7 million, so that he can demolish it and erect a tennis court.

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Luxury St Kilda Apartment Fetches $10 Million

Real Estate News
Saturday, 17 November 2007

For the second time this year, a new price record has been set for a St Kilda Road apartment.

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St Andrew's Golf Course House For Sale

Real Estate News
Saturday, 17 November 2007

Here’s an investment which would have to rank above par.

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Results 145 - 157 of 157

Latest News

(05/06) GIP to hold Pipeworks and put a new future in the pipeline

The Pipeworks Fun Market in Melbourne's northern suburbs will be retained by owner Gersh Investment Partners, which will dream up a new future for the site with a joint-venture partner. ...

(05/06) Revised Urban Growth Boundary Will Put Values on the Move

For the third time in six years, the State Government's decision to reassess the city's controversial urban growth boundary (UGB) risks sending residential and commercial property values into a spin. ...

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(19/05) Could Southbank's apartment market be headed for another over-supply?

Since the start of this year, residential development sites worth more than $80 million have been exchanged, or are under negotiation - in deals expected to result in up to 10 new high-rise towers ove...

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I’ve had a couple of dealings with residential real estate agents this week that have left me very disappointed (as well as angry). ...

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The latest interest rate rise, the fourth in the last six months and eleventh straight since 2002, will add about $100 a month to my mortgage repayments. ...

(03/02) When to Bump Rent up and by How Much

Despite being a landlord for four years, I’ve never actually had to impose a rent rise on a tenant. ...

(01/01) What to do with St Kilda Road...

St Kilda Road will always be remembered as the precinct to pioneer high rise apartment living in this city. Dotted in amongst the retained mansions, and tired old office buildings, are some of the mos...