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First-timers give areas faceliftRenewed interest in property on the part of first-time buyers is spurring wholesale upgrading in areas that had become run down or neglected.Upmarket not always best valueInvestors and homeowners who shunned older, lower- to middle-income areas in favour of luxury, upmarket suburbs may have lost out on some spectacular capital gains last year. By Joan MullerFive property investment strategies for the novice investors Real estate has long been regarded as one of the most stable investments and a sound option for wealth building, especially during challenging economic times when other investment options can be more volatile
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