Interest Rates Being Pushed Lower

16-09-2019

The Reserve Bank has announced that powerful community forces and demographic trends are having a major effect on keeping interest rates low. Specifically Australia’s ageing population is the stand out trend which is having the biggest effect. This issue is further compounded by the fact the Australia’s increasingly ageing population… Read More

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Market Snapshot!

09-09-2019

Mr Gail King, CEO of REIV reported a clearance rate of 78 per cent was recorded this week compared to 79 per cent last week and 63 per cent this week last year. There were 553 auctions reported to the REIV, with 430 selling and 123 being passed in, 39 of… Read More

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Market Snapshot

05-09-2019

Mr Gail King, CEO of REIV reported a clearance rate of 76 per cent was recorded this week compared to 79 per cent last week and 60 per cent this week last year. There were 586 auctions reported to the REIV, with 447 selling and 139 being passed in, 62 of… Read More

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Market Snapshot

26-08-2019

Mr Gail King, CEO of REIV reported a clearance rate of 81 per cent was recorded this week compared to 78 per cent last week and 60 per cent this week last year. There were 486 auctions reported to the REIV, with 395 selling and 91 being passed in, 42 of… Read More

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Market Snapshot

19-08-2019

Mr Gil King, CEO of REIV reported yesterday that a clearance rate  of 79 per cent was recorded this week compared to 75 per cent last week and 58 per cent this week last year There were 441 auctions reported to the REIV, with 349 selling and 92 being passed… Read More

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Market Snapshot

13-08-2019

Mr Gil King, CEO of REIV reported yesterday that a clearance rate  of 76 per cent was recorded this week compared to 73 per cent last week and 62 per cent this week last year. There were 379 auctions reported to the REIV, with 288 selling and 91 being passed… Read More

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Interest Rates Kept on Hold

07-08-2019

In a surprise move the reserve bank decided to keep interest rates on hold as they met on the first Tuesday of August 2019. However, the way has been paved for even lower interest rates to further protect Australia from severe economic headwinds and the increasingly worrying United States-China trade… Read More

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High Rise Ambitions for BMW Site in Southbank

07-08-2019

Plans have been lodged by Malaysian backed developer, Beulah International, for Australia’s tallest building as the centrepiece of a $2 billion redevelopment of the BMW site in Melbourne’s Southbank. Architecturally designed, the proposal includes two large twisting towers which, if approved, will come to dominate Melbourne’s skyline. The proposed mixed-use… Read More

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