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homes in australia

Thumbnail image for Sydney Property is Selling, but Mostly at the Lower End of the Market

Sydney Property is Selling, but Mostly at the Lower End of the Market

Sales results are slowly starting to trickle in for the year and it seems that the lower end of the market is leading the way. Very few Luxury Homes have sold in the last 7-14 days, although first homebuyers are continuing to take advantage of the $14,000 government grant and the stamp duty concessions.

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Thumbnail image for Reserve Chief Says Don’t Worry Be Happy!

Reserve Chief Says Don’t Worry Be Happy!

The Governor of the Reserve Bank of Australia, Glenn Stevens, addressed the House of Representatives Standing Committee on Economics this morning and assured them that things are not as bad as they may think. He believes that China’s boom is continuing, and said “There is no reason for any downturn to be a deep one.” Stevens believes that Australia has room to cut interest rates further and that the Australian economy is fundamentally strong.

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Thumbnail image for First Home Owner’s Grant (Australia)

First Home Owner’s Grant (Australia)

AUSTRALIA: If you are planning on buying your first home, then you may be eligible for the First Home Owner Grant (“FHOG”).  It is a national scheme funded by the States and Territories and administered under their own legislation.

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Thumbnail image for Five Common First-Home Buyer Mistakes (And How To Avoid Them)

Five Common First-Home Buyer Mistakes (And How To Avoid Them)

You decide you’ve found the property that you want to become your first home we’ve collated some common mistakes that first-time home buyers often so that, hopefully you can avoid them and make the process and positive as possible.

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Thumbnail image for Michael Marquette’s “View From The Bridge”: Australia’s Financial Stimulus

Michael Marquette’s “View From The Bridge”: Australia’s Financial Stimulus

The Australian Federal Government has announced a $42 billion stimulus package just shortly before the Reserve Bank of Australia provided another welcomed boost to the economy by cutting official interest rates by 100 points (1 per cent) to 3.25 per cent.

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Thumbnail image for Sydney Real Estate Prices Tumble

Sydney Real Estate Prices Tumble

Property prices in Sydney are falling fast, with the Luxury Harbour Suburbs taking the biggest tumble. Housing prices in the Eastern Suburbs fell 14% last quarter, with the Lower North Shore decreasing by an equally huge 13% for the same period.  With Sydney’s median house price now officially at $536,000, $32,500 less than the $568,500 reached in early 2004, it is now time for vendors to get real or suffer the consequences.

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Thumbnail image for DEBRIEF: The Luxury Real Estate Conference in Paris

DEBRIEF: The Luxury Real Estate Conference in Paris

France – what a Country! I am back in Australia after spending three days with Partners from the “Who’s Who In Luxury Real Estate” at the Hotel du Louvre in Paris. With the economy being the focus around the globe it was fascinating to hear from other Brokers from all over the world how they are dealing with the situation.

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Thumbnail image for The New York Times Great Homes and Destinations: Stockton, New South Wales

The New York Times Great Homes and Destinations: Stockton, New South Wales

The New York Times, arguably one of the world’s most respected publications in the English-speaking world, has chosen Marquette Turner Luxury Homes as the expert for their “For Sale in…Australia” feature. Journalist Virginia C McGuire speaks with Michael Marquette.

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