Six traps to avoid when investing in strata-titled properties
When you buy into a body corporate property, you’re buying into a complex with other owners. This means that you own your individual property lot, but you share ownership of the common areas, such as pools and gardens, with the rest of the owners, collectively known as the body corporate or owners corporation.
RBA brings cash rate to 0.85%
The Reserve Bank of Australia (RBA) decided to lift the cash rate again this month by 50 basis points to 0.85%.
Housing Market Snapshot – Melbourne and Sydney property prices dip in May
Boy have our property markets had a lot to contend with so far this year.