Interest Rate news

The Reserve Bank has cut interest rates by 0.5 per cent. The 50 basis point fall comes on the back of evidence the economy is struggling with weaker-than-expected inflation figures released late last month. The official interest rate is now 3.75 per cent. It is good news for mortgage holders who were earlier this year [...]

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CBA announces reduced cut in interest rates

The Commonwealth Bank announced on Thursday 3 May 2012 that it will be reducing the interest rate on its variable rate home loans by 0.40% p.a. The change will be effective for new and existing customers from Friday 11 May 2012. Share and Enjoy:

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First Home Owners Grant – Update!

Let’s admit it, trawling the net and newspapers every week for inspection times, driving around the city on a busy weekend morning, finding parking, walking through dozens of properties, auctions that start above your reserve… this is hard work! If it’s your first time this is a very exciting time of life. That is, until it comes [...]

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Interest Rate news

The Reserve Bank has cut interest rates by 0.5 per cent. The 50 basis point fall comes on the back of evidence the economy is struggling with weaker-than-expected inflation figures released late last month. The official interest rate is now 3.75 per cent. It is good news for mortgage holders who were earlier this year [...]

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CBA announces reduced cut in interest rates

The Commonwealth Bank announced on Thursday 3 May 2012 that it will be reducing the interest rate on its variable rate home loans by 0.40% p.a. The change will be effective for new and existing customers from Friday 11 May 2012. Share and Enjoy:

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First Home Owners Grant – Update!

Let’s admit it, trawling the net and newspapers every week for inspection times, driving around the city on a busy weekend morning, finding parking, walking through dozens of properties, auctions that start above your reserve… this is hard work! If it’s your first time this is a very exciting time of life. That is, until it comes [...]

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Interest Rate Announcement

The Reserve Bank has announced that interest rates will be kept on hold for now. This decision was expected given there has been little change in the global outlook and in Australia’s own economy since the Reserve Bank met last month. Rates will remain at 4.25 per cent for the next month. Some experts have, [...]

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Definition of Terms – Property Management

Don’t let property management language confuse you. We have compiled a list of the most commonly used terms and their definitions. Tenancy Databases – contain information about the renting history of certain tenants. A landlord or estate agent can pay a membership fee to access a database when choosing a tenant. As a member, they [...]

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Market Round Up

PPG_Blog_Feb_Image 5_Market update

With the festive season and summer holidays well and truly behind us, the 2012 property market is back in full swing. Property Profile Group members across Melbourne and regional Victoria are reporting that Open for inspections are welcoming bigger crowds than in late 2011 and buyers are outwardly less hesitant. The number of property sales [...]

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Friendly Design Tips for Animal Lovers

Black cat

Careful design can make living spaces significantly more pet friendly. According to the Australian Companion Animal Council, Australians have one of the world’s highest rates of pet ownership – around 63% of households owned a pet in 2006. We may not be as dedicated to pet home alterations as the Japanese and Americans (a quick [...]

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Smart ways to Recycle e-waste

E-waste1

Recycling your old electronics can be daunting and people often come up with convenient excuses to just throw out old equipment or leave them lying on the side of the road without any regard to the environmental impact and the impact on carbon emissions. Firstly, you can simply recycle your e-waste. Gather up all your [...]

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Changes to Cooling Off Rules

PPG_Blog_Feb_Image 3_Cooling off

Cooling-off rules are set to change at the beginning of next month, for all buyers of residential real estate. On 1 March purchasers will no longer lose their right to cool off just because they sought and obtained advice from a lawyer before they signed a contract. If buyers intend to use their lawyer to [...]

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There is still profit in property

investment

There’s still money to be made out of property if you are careful and hard-headed. It has been the wealth strategy of a generation. Buy a home. Look after it, improve it, upgrade it. And if cash flow allows, gear up to your eyeballs to buy more property for other people to live in. For [...]

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