All articles in: Aug 2012

REIV CEO Enzo Raimondo echoes industry sentiment by saying both buyers and sellers are approaching the market in a conservative manner. This caution is translating into a lower number of sales than we've seen previously in stronger markets and as has resulted in no real price growth since the beginning...
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In the 1961 census, the metropolitan area of Melbourne had 518,476 occupied dwellings, compare with 1.49 million last year. Whilst this is an expected increase in numbers given our growing population, it is the nature and level of ownership, divided between owners and renters, that shows an interesting shift.
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As a result of the drop in interest rates many money lenders are promoting a range of financial deals to entice us to take out new loans or re-mortgage with them. Is it time you re-assessed the mortgage contract you have?
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Based on similar community programmes operating in the Unites States and Canada, Neighbourhood Watch began in Australia in 1983 in the outer Melbourne suburb of Kananook. It was initiated when it became clear that police alone could not control the rising rate of crime.
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