Brisbane property bounces back

Brisbane property prices in high-value suburbs affected by the 2011 floods have rebounded more quickly than expected. It’s good news for owners, but Brisbane property experts say investors still need to be cautious buying into the flood-affected suburbs. Speaking on ABC 612 in Brisbane, QUT property economics professor Chris Eves said it was important to […]

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Sydney, Melbourne lead post-GFC growth

Sydney property prices have increased 57 per cent and Melbourne prices 50 per cent over the past six years, according to the latest figures from CoreLogic RP Data. The property market analysts also found Melbourne prices were up 2.7 per cent and Sydney prices 1.4 per cent in January, driving 1.3 per cent price growth […]

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Interest rates at fresh low

The Commonwealth Bank has been the first of the big four banks to confirm it will pass on the RBA’s February interest rate cut in full, with Westpac announcing soon after it would cut its standard variable rate by 28 basis points. The Reserve Bank dropped the cash rate to a record low 2.25 per […]

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Property investment Brisbane news

Portfolio Management Services is active in the Brisbane property market, buying investment properties on behalf of clients. The Brisbane market is an accessible one for first second-time property investors in particular. To discover how Portfolio can help you take advantage of the best Brisbane property investment opportunities, call today on (03) 9621 1044. Brisbane property […]

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Melbourne investment property vacancies down

The vacancy rate for Melbourne investment properties has declined year-on-year, bucking the national trend according to figures released this week. The November vacancy rate for investment properties in Melbourne was 2.7 per cent, SQM Research figures reveal. This compares with 3 per cent in November 2013. Melbourne, Hobart and Canberra were the only capital cities […]

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Big banks tip 2015 interest rate falls

Further interest rate cuts in 2015 have been predicted by two of Australia’s big four banks in the past week. Westpac and the National Australia Bank have revised their forecasts based on weaker than expected business conditions and GDP numbers, with Westpac chief economist Bill Evans predicting the RBA would lower the cash rate when […]

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Property investment Melbourne top suburbs

Astute Melbourne property investment decisions have delivered both strong capital gains and rental yields to investors in a handful of Melbourne suburbs, figures released this week reveal. Property market analysis firm CoreLogic RP Data has crunched the numbers, identifying Melbourne suburbs where properties have bettered their Melbourne averages for compounding annual growth rates over the […]

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Melbourne property listings prices link

Above-average rises in property values are driving a spike in listings in key Melbourne suburbs, according to new figures. Doncaster heads the list of suburbs where owners are queuing up to sell, says CoreLogic RP Data. Property listings in the suburb are up 41 per cent on the same time last year. The median sale […]

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Election pledges add to Frankston investment case

Public transport and education promises from the new State Government have shone a spotlight once again on Frankston for smart property investors. The investment case for Frankston continues to strengthen, with improvements to the Frankston public transport precinct and Chisholm TAFE promised by the newly elected Labor Government during the Victorian election campaign. The Frankston […]

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Portfolio’s 12.2 per cent returns beat benchmark – again

Property investment and management clients are celebrating another year of bumper gains on the back of properties bought and managed for them by Portfolio Management Services. Properties managed by the investment company have once again outperformed the market, generating average annual returns of 12.2 per cent over the past 42 years. This compared with 10.8 […]

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