Archive for April, 2016

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet
House prices in Melbourne have again hit a record high, but the strength of that price growth may have peaked this year.
Buyers hoping for a city-wide price drop have been warned not to hold their breath, with a reminder that historically, any price correction in Melbourne had occurred in the wake of rising interest rates and a weakening economy.

After three and a half years of continued … Continue Reading »

Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

As predicted by the vast majority of experts, the Reserve Bank board decided to leave the official cash rate at a record low of 2%, where it has been since May 2015.

Recent information suggests that the global economy is continuing to grow, though at a slightly and slower pace than earlier expected.  While several advanced … Continue Reading »