Results for week ending August 16 Buyers were out in force in Sydney on the weekend pushing up the clearance rate to over 80%, but in cold, cold Melbourne, there was a slight decline. The Stat This week there were 2,103 capital city auctions, an
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7 Secrets of the Invisible Rich
What Does It Mean To Be Rich? The definition is quite subjective. Ask 100 people on the street what it means to be rich, and you’re likely to get 100 different answers. Being wealthy means different things to different people. According to one study by
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More Houses Up For Auction
Results for week ending August 9 Last week saw a spike in auctions as sellers sought to cash in on Asian buyers who wanted to buy on the 8/8 (apparently 8 is a lucky number). The Stat Adelaide and Canberra both experience 80%+ clearance rates.
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The Futility of Wealth
A decade ago, I was living in Melbourne while directing a personal development and leadership-training program at Deakin University. Each semester, I would have about 50 students to work with, and I trained them on character-based leadership principles. One afternoon, I invited my friend Steve
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Has The Worm Finally Turned?
Results for week ending August 2 Auction clearance rates were strong again in Sydney and Melbourne with clearance rates of 78.8 percent and 76.8 percent respectively. The national result came in at 77.7 percent. The Stat Sydney, often seen as the canary for Aussie property,
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The NAB Residential Property Survey Report, Q2 2015
Every three months, the National Australia Bank (NAB) releases an update on residential property in Australia. Their findings are based on a survey of approximately 300 respondents consisting of real estate agents and managers, property developers, asset and fund managers, valuers and property owners. The
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Buying A House Is As Easy As Walking The Dog … Or Is It?
Results for week ending July 26 Auction clearance rates were strong again in Sydney and Melbourne with clearance rates of 82.7% and 76.5 respectively. The national result came in at 77.7% The Stat Auction clearance rates report the number of properties sold compared to the
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The Ultimate Reason Real Estate is So Expensive
Greece was recently granted its third bailout since 2010. But the political and civil unrest that has ensued is bringing more questions about whether the European Union’s (EU) economic problems have really been solved or not. Greece owes Europe more than €300 billion that it
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Motoring By At A Million Dollar Pace
Results for week ending July 19 Sydney auction clearance rates remained strong at 82.6% whilst Melbourne’s clearance rates have softened slightly from recent trend to 74.9% The Stat Auction clearance rates report the number of properties sold compared to the number of properties offered up
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What Will the Chinese Share Market Crash Mean for Australia?
The Chinese share market is in a free-fall. On June 13, 2014, the Shanghai Stock Exchange Composite Index was valued at just under 2050. Within twelve months, the same shares were trading at 5166. That’s an increase of 152 percent in one year. If the
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