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The Australian Property Market
When it comes to nations in the world that are experiencing a thriving real estate market, Australia is towards the top of the list. Indeed, over the course of the past decade, the real estate market in many locations around Australia has been booming.
Major Australian cities naturally are experiencing the biggest growth in their real estate markets. Cities like Sydney, Perth, and Melbourne are leading the way in the real estate arena. In addition, a great number of more rural areas in the country are experiencing a surprising growth in their own real estate markets. Many people have come to find the more rural areas of the Down Under to have particular appeal.
Investment Property in Australia
An increasing number of people -- both Australian nationals and people living abroad -- have become more involved in purchasing and owning investment real estate in Australia since the turn of the century. Generally speaking, the up tick in the acquisition of investment real estate throughout Australia is taking shape in two general areas.
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Opinion by
Cammie
posted
10 months ago
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Firemen trying to control the Victorian bushfires this weekend
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I woke up this evening around eight o'clock -feeling tired and irritated. Due to the extensive heatwave that has swept through most of the country this weekend, I had been unable to sleep for nearly two days. I live in the outer suburbs of Sydney (away from the coastline) and the temperatures reached as high as 46 degrees celcius today. I'm a person that prefers the summertime to winter as I tolerate the heat much better than the cold but these high temperatures were just too much to deal with.
I turned on the radio and the first news item was about the out-of-control bushfires in the state of Victoria.I realized as I listened to the broadcast just how lucky I am though. As much as I have complained and been grumpy all weekend over the heat (as many have I'm sure) I am more fortunate than some.
Many towns in Victoria, just north-west of the city of Melbourne,have been completely ruined by the bushfires. The state's Premier John Brumby as described the effect of today's bushfires as "the worst day in our history."
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So recently, a fellow fanpopper Snerkie posted a soapbox article entitled “Sydney = Overrated”. If you haven’t read that article, you may have to in order to get what I’m saying. To start, My name is Ali, I’m 17 and I live in Sydney.
Second, I want to pick a little bone with Snerkie.
You say Sydney is Un-Australian. Um... isn't that is what is so great about Australia? That that we are so MULTICULTURAL. Now you say you are not racist, but seriously, everyone has a right to live in Australia (given they're not terrorists, murderers or dangerous) and that fact that you put Un-Australian in bold worries me.
No Sydney is not great. When I was 12 my family moved from Melbourne to Sydney. I remember being so overwhelmed by the enormity of it all, I kept comparing it to Melbourne. Melbourne had trams and was easier to get around, Sydney didn’t. Melbourne had all my friends, Sydney didn’t. Melbourne was Melbourne and Sydney wasn’t. But then as I realized I was going to be in Sydney for awhile, so I sucked it up. I discovered buses and I got new and in some cases better friends.
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