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Palazzo Versace sells for $68.5 million

News 198
Posted at 01 October, 2012

Property developer and manager Sunland Group has sold its Palazzo Versace hotel on Queensland's Gold Coast to private investors for $68.5 million.......

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The Reserve Bank Financial Stability Review

News 197
Posted at 01 October, 2012

The Reserve Bank (RBA) released their bi-annual Financial Stability Review in late September specifically relating to the household sector, the review noted, 'household and business sectors have continued to display a relatively prudent approach towards t......

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Buying cheaper than renting 20 minutes from the Beach

News 196
Posted at 01 September, 2012

A MOVE west of the M1 could be enough for many Gold Coasters to break out of the renting game and finally enter the property market. An RP Data report has revealed buying is cheaper than renting in many Gold Coast suburbs, mostly those west of the M1.......

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GOLD Coast house prices have increased for the first time in four years.

News 195
Posted at 01 September, 2012

In a glimmer of hope that the city's battered housing market may finally be turning around, median house prices in the June quarter increased 2.8 per cent to $467,000.......

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Regional home-building in crisis

News 194
Posted at 01 August, 2012

Building in regional Australia is in crisis, with excessive taxes and levies imposed by all levels of government contributing more than 40% of the cost of a new home and land packages, the head of the Housing Industry Association said on Tuesday.......

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Why GENERATION Y is saving up

News 193
Posted at 01 August, 2012

GENERATION Y consumers considering a property purchase look likely to stay on the sidelines unless there's more interest rate relief from the Reserve Bank of Australia (RBA), a national survey has found.......

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Two big Changes

News 192
Posted at 01 July, 2012

Two changes to property purchases are now in play; Transfer Duty (Stamp Duty) "Home Concession" relief for home buyers for principle place of residency.......

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(RBA) cuts interest rate by .25%

News 191
Posted at 01 June, 2012

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.......

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Is the loan market on the mend?

News 190
Posted at 01 June, 2012

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.......

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Strong Chinese interest

News 189
Posted at 01 June, 2012

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.......

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