Property Trivia: Reserve Bank predictions, unit markets jump, celebrity Mittagong sale
After a long weekend, it has been a week absolutely packed with real estate news and changes. How closely were you watching this week?
1) What did our entire panel of experts predict for the Reserve Bank movement next Tuesday?
2) Scammers are getting more technologically savvy, and there's a new letter being sent to international landlords trying to trick them into sharing private details. Which government department's name are they using?
3) Which capital city's property market (particularly inner city units) is expected to soar, before pulling back around 2015/2016?
4) A gorgeous trophy property was recently sold in Mittagong in New South Wales' Southern Highlands for $4.95 million. The rural offering has locals believing that it has been bought by a famous couple - who are they? Hint: Think about horses
5) The Block started this week, and while it had a lot of us watching it failed to beat another show when it came to debut ratings. Which show was this?
6) Hing Loong, the apartment block pictured below, has construction beginning and is ready for sales. However, where is it located?
7) We were recently sceptical about a claim that said investors and home owners could spend a few thousands dollars and add themselves up to $75,000 worth of value by doing this one thing. What was this?
8) Over the past year in Victoria, Robert Larocca told us that the median rent had increased by how much for a house? Bonus points if you can remember the amount for a unit.
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THE ANSWERS
1) No change. However, some differed on their opinion of what might occur in the future.
2) The Australian Taxation Office (ATO)
3) Brisbane
7) Laying turf
8) $10 (and $8 for a unit!)