Realestate

Kitchen and bathroom renos on the decline, but property prices holding

January 16, 2012

Investors are more likely to have daggy kitchens and older bathrooms for the next 12 months with renovations on the decline, but property prices are still firm, says the Housing Industry Association’s Kitchen and Bathrooms: Past Growth and Future Prospects 2011/2012 report.

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Confidence back up on the Gold Coast

January 13, 2012

The Gold Coast’s successful bid to host the 2018 Commonwealth Games has brought back a much-needed confidence boost to Queensland’s glitter strip.

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Queensland building boost extended

January 13, 2012

Investors and homebuyers in Queensland now have an extra reason to buy off-the-plan properties, after the Queensland $10,000 building boost grant was given a three-month extension. The boost was supposed to end at the end of January, but will now expire at the end of April.

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No price crash as predicted, growth ahead

January 13, 2012

Prices may have softened in 2011, but not to the extent of a “collapse” or “bloodbath” as predicted by some commentators, according to the Housing Industry Association senior economist Andrew Harvey.

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Official go ahead for Inpex LNG project today

January 13, 2012

A highly anticipated $25 billion gas project for Darwin and Western Australia will be given the official nod today, as indicated in a full-page Inpex advertisment in today’s Northern Territory News, reported ABC News Online.

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Mixed feelings on the Grantham land swap

January 12, 2012

This week signalled one year since Grantham, in Queensland, was ravaged by flash flooding. In this time a new town has resurfaced just up over the hill from the old town, with sweeping vistas and flood-free land. Some locals say it’s an exciting fresh start while others say the land swap deal by the government could have been fairer.

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Confidence returns to resource rich states

January 12, 2012

The mining boom has injected massive optimism back into Queensland, just 12 months after floods devastated parts of the state.

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How to turn a new year’s resolution into reality

January 9, 2012

Most of us make some sort of new year’s resolution every year. Whether it’s paying off debt, saving more money or getting our finances in order, there is usually some sort of goal hanging around our heads in early January. It’s easy to make a resolution – the difficult part is turning it into reality.

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Interest rates falling, but not forever

January 9, 2012

Landlords have enjoyed recent drops in interest rates and many economists predict they’ll fall further this year. But a report written by the Reserve Bank of Australia (RBA), The Mining Industry: From Boom to Bust, suggests otherwise. It indicates the mining boom could in fact result in inflationary pressure over the next few years, which means rate rises may not be too far around the corner.

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Body corporate insurance skyrockets in far north Queensland

January 9, 2012

Body corporate insurance premiums have reportedly risen by as much as 400 per cent over the past 12 months in parts of far north Queensland, according to the House of Representatives Standing Committee on Social Policy and Legal Affairs.

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