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Is buying a home a financial investment or an investment in family security

HomeMate — Mon, 23 May 2011 02:23:31 +0000

Is buying a home really the best investment money can buy, or just an illusion we take as true? Some say that buying a home [either house or unit] is not a financial investment. Others will tell you that a home is the best investment you can make. So, who’s right? If you ask an [...]

Land values grab: Home owners see “land valuations” surge as home prices fall

HomeMate — Sun, 22 May 2011 03:50:59 +0000

The State Government is using scarce land sales to justify land tax hikes for all If you are a homeowner in Brisbane or the Gold Coast you know you have been conned by a cash strapped QLD State Government. Queensland Government land valuation hikes of up to 35 per cent are being issued against a [...]

Australia’s housing market slumps worst in Melbourne but not as bad as expected

HomeMate — Thu, 05 Feb 2009 06:25:21 +0000

Australia’s house price slump has been patchy, with Adelaide recording a gain in values, and Melbourne bringing up the rear as far as house price values are concerned. Melbourne led the nation in the drop in house prices over the past quarter. Melbourne property values did the worst in the nation, with house prices sinking [...]

Gold Coast and Sydney prestige homes lose their gloss as home buyers find big mortgage finance hard to come by

HomeMate — Thu, 23 Jul 2009 23:34:20 +0000

For the last ten years any home with a view, a chink of water, a canal block or night city lights gained in value faster than the average home.

Prime Gold Coast ocean beachfront home loses $5.5 million value in months

HomeMate — Mon, 02 Feb 2009 02:45:17 +0000

Selling your home? A small quick profit is a good profit when selling. Last year a Gold Coast couple refused an offer of $14.5 million for their beachfront home development site. Last week they had to let it go for $9 million at auction as the financial crisis bites. The house on the Gold Coast’s [...]