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Many signs, same place

You’re keen to snap up a house and you spot a street or block with multiple “for sale” signs. Alternatively, you want to sell your place and suddenly, almost every home in your area is up for grabs. Both buyers and vendors can be left pondering whether this situation is a good or bad thing. Let’s explore the possibilities. Buyer considerations Multiple neighbouring homes hitting the market simultaneously could be due to a development being built nearby. Not surprisingly, the…

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How to bring country and city together

Scratching your head trying to reconcile your appreciation for both city and country? There is a way to have your country cake – and eat your city style too – and all while (possibly) enjoying extra cash on the side. Read on to find out more. Rustic opportunity You’re keen to escape to the country – sometimes. Trouble is, you’ve got work, friends and family in the metropolis, to say nothing of a mortgage. And then there are those city…

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Understanding rural distances

If you’ve just moved to a rural or regional area, the nearest supermarket may easily be 50km away. The same might also be the case for a post office or chemist, leaving you balancing the costs of petrol and car maintenance with the joys of peace and quiet. Both sides of the coin might leave you very well satisfied. If not, read on…. Don't doubt Firstly, chances are that if you love your new rural abode, you won’t be bothered…

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Acreage challenges

Moving away from city hustle and bustle to a quiet, peaceful acreage is many peoples’ dream. But, without wanting to ruin this dream, it’s important to remember that your “vision splendid” will need extra money and time to maintain. Outdoor needs It may look perfect when you move in but the gardens and paddocks surrounding your new house need regular upkeep. Bushfire prevention, fences and driveways all need to be considered. Additional funds will also be needed to buy machinery…

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How interest rates affect real estate

Make no mistake! Interest rates always affect how much you’re paying to enjoy your dream abode. Incredibly far-reaching and essentially set by the Reserve Bank of Australia (RBA), interest rates also influence the how and why of property values across the country. The basics On the first Tuesday of every month (except January), the RBA sets the cash rate for the next four weeks. If this rate increases or decreases and your lender decides to pass on the change, it…

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