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Friday December 05 2008

Founded in 1994, Rand Corporation has established a strong reputation for specialist marketing and consulting in Melbourne’s inner bayside suburbs. We have successfully dealt with, or represented, larger public companies including BHP, Mitsui, Mirvac and Lend Lease, as well as other companies and individuals seeking high integrity selling and leasing skills.

The company has maintained a ‘Boutique’ framework, enabling it to offer highly personalised and specialist real estate services within its corridor of influence, expertise and understanding.

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Medium-long term prognosis for property is good

07/05/2008

The ANZ's senior economist, Paul Braddick, said yesterday that Australia faced a critical and potentially chronic shortage of housing. "A growing housing shortage is setting the scene for the mother of all housing booms," Mr Braddick said.

"Demand has accelerated and rising immigration, both permanent and temporary shows no sign of abating. Meanwhile, rising interest rates continue to stymie any building recovery.

Melbourne Median House Price Records Largest Ever Increase

07/03/2008

The REIV’s release of the December quarter median prices showed the single largest increase in the median price of a Melbourne house in the history of the series.

REIV CEO Enzo Raimondo said that the increase in the median price by 12.8 per cent to $485,000 was remarkable, but not surprising as 2007 was a consistently strong year for the Melbourne property market.

"The increase in the median price by 12.8 per cent, from $430,000 in September 2007 to $485,000, is the largest we have ever seen and is clearly not sustainable in the medium or longer term.

Melbourne property market sets new records in 2007

07/01/2008

With results in from the last major auction weekend this year it is clear 2007 has been one of the strongest years for vendors on record.

REIV CEO Enzo Raimondo said that the auction clearance rate for 2007 was 82 per cent, 15 per cent higher than last year.

"Not only did demand increase but so did the number of auctions. There were 30 per cent more auctions than last year with 29,718 homes presented for auction compared to 22,257 last year.



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'Stunning New Townhouse'

3/5 Knight Street, Elwood

Auction Sunday Dec 21 @ 2pm

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