Get notifications in real-time for staying up to date with content that matters to you.
Traditional holiday destinations within three hours of capital cities are reaping strong investment interest and strong growth in sales, The Australian Financial Review reported today.
One real estate agent from Batemans Bay revealed sales figures up by four times on past years’ figures.
According to The Australian Financial Review report, Michael McNamara of Australian Property Monitors believes the stock market’s weak performance will convince many investors to look to property – particularly at coastal locations.
“Many [investors] will think a coastal beach house might be a better place to park money at the moment than expose themselves to the vagaries of the sharemarket,” he said.
Published: 18-01-08
Who do you aggregate through?
Thank you for your vote, you can see the results here.
Court rules against bank for ‘unfair’ loan terms
The Federal Court has declared a number of loan contracts entered...
RBA, APRA sing different tune on serviceability buffers
APRA chair Wayne Byres has dismissed the need for a cut to the bu...
Remodelled FHB scheme cops backlash
From 1 July, all applications for the FHLDS will require a Notice...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Receive breaking news direct to your inbox each day
