Two changes to property purchases are now in play; Transfer Duty (Stamp Duty) "Home Concession" relief for home buyers for principle place of residency.......
The Reserve Bank of Australia (RBA) announced the cut of cash rates by 25 basis points down to a low 3.5%. Home owners nationwide breathed a sigh of relief as banks began to follow suit by decreasing their home loan interest rates.......
It is interesting reading statistics from analyses reports, BUT the one thing we MUST bear in mind is that if only two properties are sold in one month; and then the next month only one property is sold; that one sale can be reported as a 50% INCREASE.......
CHINA'S mega-rich have begun putting their bets down on the Gold Coast, investing millions of dollars in development sites up and down the Glitter Strip.......