How can you get to know your neighbourhood?
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
Sydney is a growing city. Not only is the amount of people that choose to move to property in Carlton or the level of infrastructure construction growing, but prices are too.
In its Residential Property Price Index (RPPI), the Australian Bureau of Statistics (ABS) showed national prices increased 1.8 per cent in the June quarter.
However, this growth over the quarter was largely due to activity in the Sydney market. Here, homeowners got to enjoy a 3.1 per cent rise over this period.
Melbourne and Brisbane also played a part in pushing up national price growth, rising 1.3 per cent and 1.8 per cent, respectively.
"The increase in prices has contributed to the increase in the total value of residential dwellings to $5.2 trillion in the June quarter 2014, an increase of almost half a trillion dollars since June 2013," said ABS director of RPPI Robin Ashburn.
It's not just the June quarter that was a strong period for Sydney's property market. Over the year to July 2014, median values have risen 14.8 per cent. The median price for a dwelling in Sydney has now reached $650,000, which will be of encouragement to anyone selling their slice of Carlton real estate.
Are you new to a neighbourhood? It can be scary not knowing anyone or any place at first! Here are a few tips and tricks to get you acquainted with your new area.
Whether you’re buying or selling, the experts always warn that you should try and avoid becoming emotional about property. “When you’re emotional you don’t think as clearly,” they caution, “and you risk making costly mistakes.” On paper, this is a concept we can all agree with. But in practice, there … Read more