Overview With RBA cutting interest rates and unbelievably high auction clearance rates (nearly 80 per cent) all over the news, Xynergy Realty takes a closer look at the changes happening in the rental market during the third quarter 2019 (Q3 2019). CoreLogic’s latest report suggests recovery of dwelling values as it increased by eight-tenths of…Read More→
“Overcoming poverty is not a gesture of charity. It is the protection of a fundamental human right, the right to dignity and a decent life.” — Nelson Mandela, Former President of South Africa A report done by the Australian Council of Social Services in 2018 showed that over 3 million (13.2%) people in Australia…Read More→
According to the latest report from ABS (Australian Bureau of Statistics), the total amount of loans approved for first home buyers have increased by 1.8 per cent in February. Commsec’s chief economist Craig James believes that recent price reductions have allowed first home buyers to take advantage of this opportunity. Based on CoreLogic’s report in…Read More→
In Xynergy Realty, we understand that finding your dream home might require a lot of prior research and planning. As apartment living has become much more popular nowadays, we decided to give our clients 5 benefits of apartment living for those of you that are struggling to choose between a home and an apartment 1….Read More→
Recently, negative gearing has been a major topic of debate in the upcoming election. What is actually negative gearing and what are the implications of it? Before going in depth towards negative gearing system, there are three types of gearing in property business that likely to happen when people invest. Gearing is generally defined as borrowing certain amount of money to…Read More→
The Australian Federal Election 2016 has finally come to a closure. Our nation is no longer in “limbo” since Malcolm Turnbull claimed his victory on 10th July 2016. The Coalition overtook Labor with at least 74 seats in Federal Parliament. Mr. Turnbull said that the election was resolved and done peacefully. “It’s something we should…Read More→
Core Logic RPData reported the latest capital city clearance with a very impressive result. The capital city clearance rate continued its upwards trend, with preliminary results showing that 77.8 per cent of reported auctions across the capitals were successful. The strong trend in auction results over recent months has been achieved on falling auction volumes,…Read More→
For sixth year in a row, Melbourne has been holding the crown for being the world’s most liveable city. The survey conducted by the Economist Intelligence Unit (EIU) was based on an index score of 140 in healthcare, education, stability, culture, environment and infrastructure. Source: Economist Intelligence Unit This year, Melbourne scored 97.5 out of…Read More→
Based on the results of the latest research findings, as of last June, property prices in Melbourne grew more than twice the national average value. Figures released by the Australian Bureau of Statistics (ABS) shows that the value of intermediate residence in Melbourne grew by 8.2% in the last 12 months. CoreLogic also reported that…Read More→
Dear Xynergians! Just a friendly reminder that we are working together with Real Food and Fit n Fast Gym Victoria to provide our dearest clients the best possible real estate service. By signing up with Xynergy, you will be entitled to receive a FREE regular coffee made with the best organic blend and a FREE two weeks fit and fast gym access….Read More→