Finance property and renovation blog Australia

Welcome to the resi blog, your source of financial and property news and home renovation ideas by our guest writers to keep you informed in the latest trends on property and finance in Australia.

Property Investment Tips: How to pick a growth suburb

By the resi financial blog team, 06 March 2015

Property Investment Tips: How to pick a growth suburb

Investors are always on the look out for the next big thing but with so many to choose from, picking a profitable investment property can seem like an onerous task. Areas that see property prices sprout in a short space of time are often referred to as growth suburbs. Booming values can allow you to gather good returns relatively quickly and open the door to further investment opportunities.

However, there are a few tricks to achieving this goal. Here are are few ideas to help you spot a growth suburb. 

Back to the future

Property reports and sale ...

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Property Market Information: Business as usual for RBA's cash rate

By the resi financial blog team, 05 March 2015

Property Market Information: Business as usual for RBA's cash rate

Mortgage rates can be unpredictable - even when they are at their most consistent. Amidst flying speculation, The Reserve Bank of Australia (RBA) announced its decision to keep the official cash rate steady at 2.25 per cent on March 3, with house prices weighing heavily on their decision.

Governor Glenn Stevens pointed out that declining commodity prices and the fluctuating Australian dollar would still play a part in the decision to trim interest rates even further, the flip side of their decision is burgeoning home values, especially in Sydney. 

"The Bank is work ...

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Home renovations blog: Maximising the multipurpose room

By the resi financial blog team, 04 March 2015

Home renovations blog: Maximising the multipurpose room

It pays to keep a future sale in mind when renovating your investment property. In any case, as your family grows, you want your home to adapt. As such, you might want to think about how to create flexible, multipurpose areas that will appeal to a broad audience - and this is especially important if your property is a little short on space. 

Trends and design fads provide a useful guide to what potential buyers might like, but think about renovating in more broad terms. Following crazes too carefully can sometimes limit your pool of buyers. Of course, there are times whe ...

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