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My property development journey – Part 2 of 4

By ANDREW STONE The Melbourne market’s hot right now, but so much of property development is about future market prospects… ‘How will prices look 18-24 months from now?’ As real estate analysts, we know that median house prices tend to rise in response to low or falling interest rates, and to an average Aussie dollar. Markets react to cheap debt fi...
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Granny flat size increased in ACT

Secondary residences such as granny flats can now be constructed to 90 square metres, up from 75 square metres, following a recent change to the ACT planning laws. Minister for the Environment and Sustainable Development Simon Corbell says the increase is to allow the residences to meet the adaptable housing standards, which may require a second be...
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