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Australian property trends: Serviced apartments and Melbourne’s rise

Posted on 29 November 2012

Only a few years ago, buying a property in the UK was seen as a sure-fire way to make money. However, the property market is now seemingly stuck in a period of prolonged stagnation and buyers and developers are looking at other regions and countries to invest. It seems like a long time since the days of guaranteed returns and increasing values.
So where’s a good place to invest then? Virtually the entire Western world has seen house prices crumble since 2007 but Australia’s residential market has defied gravity……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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