http://pagreal.com/blog A resource rich site, filled with comments for all Australian property investors worldwide. Tue, 09 Mar 2010 08:48:57 +0000 http://backend.userland.com/rss092 en There’s an upcoming project in inner city Melbourne. It will be located on 17-21 Harcourts Parade, Cremorne; a suburb 2km SE of Melbourne CBD. Located by the riverside, this 11-level building boasts 182 apartments with both river and CBD aspects. It also has extensive podium facilities consisting of a gym, ... http://pagreal.com/blog/2010/03/09/inner-city-apartments-in-cremorne-victoria/ Today the Reserve Bank of Australia (RBA) has increased the official cash rate by 0.25%pa. The official cash rate remains at 4.00% p.a. (this is the wholesale rate before bank margins) For an article published by The Age this afternoon please click here http://pagreal.com/blog/2010/03/02/rba-raises-interest-rates/ In an internet report by domain.com.au, the median price of apartments in the last 12 months to October 2009 is $432,000 and a long tend trend of 6.7% growth per annum. Ranked one of the most liveable suburbs in Victoria, South Yarra has outperformed many other suburbs within the 4km radius ... http://pagreal.com/blog/2009/10/30/more-about-south-yarra/ If you have not been to the 'coolest' part of Melbourne, then it may be time for you to explore the shopping and entertainment precinct of South Yarra. The most prominent street is none other than Chapel Street. A list of interesting sites and buildings are found along this 4.13km ... http://pagreal.com/blog/2009/10/26/vogue-a-mixed-use-development-in-south-yarra-corner-of-chapel-street-and-toorak-road/ Vogue South Yarra apartments are positioned at the heart of Chapel Street, Melbourne's most stylish shopping, dining and entertainment precinct. VOGUE, a mixed-use development made up of both splendid shopping and residential apartments above it is set to be one of the most iconic tower in the prestigious suburb of South ... http://pagreal.com/blog/2009/10/19/vogue-south-yarra/ Australia's central bank unexpectedly raised its benchmark interest rate from a 49-year low by a quarter percentage point amid signs the nation's economy is strengthening. Reserve Bank Governor Glenn Stevens increased the overnight cash rate target to 3.25 percent from 3 percent in Sydney yesterday. Only one of ... http://pagreal.com/blog/2009/10/07/reserve-bank-of-australia-raises-interest-rate/ Whilst there's no prefect investment property in any location in this world, I found an interesting development lately which I thought was reasonably ideal for investors looking to build or grow their property portfolio. 'Ruby' apartments consists of 116 residential apartments over six levels with a combination of 1 and ... http://pagreal.com/blog/2009/08/20/inner-city-apartments-in-melbourne-ideal-for-property-investors/ Elm consists of units for owner-occupiers and investors. What investors need to be careful of in elm, apart from buying a unit with a view, is to ensure that the numbers for your investment property 'stack up'. What does it mean by 'stacking up'? You want to ensure your holding cost ... http://pagreal.com/blog/2009/07/21/get-your-perfect-investment-property-in-elm-south-melbourne/ Elm is a 22-storey development by Fridcorp. Launched early last year, construction has already started on this development located along 18-24 Dorcas Street. I visited the site in June 2008 and back then there was a display unit being constructed under the old building for the purpose of marketing the ... http://pagreal.com/blog/2009/07/10/elm-south-melbourne-18-24-dorcas-street/ The Reserve Bank left interest rates at record lows for a third straight month but indicated it has room to make further cuts if necessary. After a meeting of the central bank's board, the RBA left its cash rate at 3 per cent, a 49-year low - the same rate that ... http://pagreal.com/blog/2009/07/07/rba-leaves-rates-unchanged/