Melbourne:
The top 20% of postcodes have recorded value growth of 16.9% during 2009 as has the middle market whilst the lower end recorded growth of 12.3%.
Tag Archive for 'property investing'
By Kevin Eddy | 11 Aug 2010
Both political parties have ruled out the abolition of negative gearing following the federal election.
Both Treasurer Wayne Swan and Shadow Treasurer Joe Hockey assured attendees at a debate at the Canberra Press Club that neither would clamp down on negative gearing on property investment.
In the Australian Financial Review this morning, it has been reported by BIS SHRAPNEL that housing shortages across Australia will push rents up a further 25%!
Australia is 60,000 dwellings short and this will rise to 160,000 by 2011. Continue reading ’160,000 dwellings short…Prime time for Property Investors!’
PROPERTY developers are closing up shop leading buildings approvals to slump by 3.7% in January. Continue reading ’7th consecutive monthly fall in building approvals’