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THE Melbourne property market is in good health with the median price rising 3.1 per cent to $388,000 last year.

In regional Victoria, house prices rose by 1.7 per cent.

Properties at St Andrews Beach rose 55 per cent from $399,500 to $620,000.

St Albans was next with a 32 per cent rise to $168,000.

In regional Victoria, Dinner Plain was the best performer for houses, up 39 per ce Read More »
Mr Cherry and City Pacific listed a 4499sq m Labrador parcel, which has approval for a three-building retirement project.

The holding, on the corner of Imperial Parade and Frank and Labrador streets, was intended to be the follow-up project of Grande Pacific Broadwater, Australia's first five-star vertical retirement village in Southport by the partners.

Mr Cherry has secured approval Read More »
Rams said on Thursday its two-year fixed rate would rise by 15 basis points to 5.64 per cent per annum.

Its one-year fixed rate would remain unchanged at 5.09 per cent per annum. Read More »
The RBA analysis appears to validate Mr Norris's argument that the CBA home loan repricing was a genuine move to retrieve funding costs.

The RBA analysis found banks were now moving to preserve their net interest margins on lending after they touched record lows of around 2 per cent at the end of last year. Read More »
Total properties:241
Sold:191
Withdrawn:10
Cleared:76%
Total sales:$121,288,752
Median:$613,000 Read More »
"Cutting stamp duty by 50 per cent for six months will deliver the kickstart that the NSW economy needs," the group's president Steve Martin said in a statement. Read More »
"The industry has known not only from the time that there would be a transition to solar credits," he said.

"But also since that period of time that the Government would want to see a transition to solar credits and that the rebate was running at levels which were very, very clearly providing a significant amount of work for the industry which it still hadn't undertaken." Read More »
Real Estate Institute of Australia research shows the March quarter proved to be the most affordable quarter in nearly six years, with the national proportion of family income to meet loan payments decreasing to 28.6 per cent from 32.4 per cent in the previous quarter.

New South Wales proved to be least affordable in this quarter with 30.3 per cent of family income required to meet loan paym Read More »
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