Urban Renewal Highlights Residential Appeal In Melbourne
The Victorian government's recent announcement regarding the rezoning of Melbourne's capital city zone may serve as a catalyst for residential property investment in the area.
When you purchase a house, there is always a level of risk involved. As one of the largest financial commitments that many people make in their lifetime, signing on the dotted line can be quite intimidating.
While the consecutive interest rate cuts of May and June were welcomed by the property industry, the impact of the Reserve Bank of Australia's decision has yet to have a significant effect on home sales.
The Housing Industry Association (HIA) views the recent Council of Australian Governments (COAG) report as a sure sign that the housing shortage in Australia is worsening.
Latest research from the Real Estate Institute of New South Wales (REINSW) reveals that median house and unit prices have fallen in the 12 months to March 2012 in Sydney.