Can The Apple iPad Save Real Estate Newspaper Advertising – Business2.com.au (blog)
Can The Apple iPad Save Real Estate Newspaper Advertising Business2.com.au (blog) In fact one of those niche markets for tablet pc's in the US is real estate agents for the very reasons that Greg mentioned in his article on how the iPad … and more
ORIGINAL TEXT – Business Spectator
ORIGINAL TEXT Business Spectator Second, many of these banks have a much more concentrated exposure to commercial real estate , a sector that remains under considerable pressure.
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ORIGINAL TEXT – Business Spectator
AVJennings returns to profitability
THE home-building sector is headed for better days, says AVJennings, which surged back into profitability on the back of a structure.
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AVJennings returns to profitability
Garmin nuvi 1450T GPS unit – PC World Magazine
Garmin nuvi 1450T GPS unit PC World Magazine The extra real estate offered by the 5in screen is well utilised, making this yet another excellent GPS unit from Garmin. Highly recommended.
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Garmin nuvi 1450T GPS unit – PC World Magazine
GPT maintains earnings forecast – Business Spectator
GPT maintains earnings forecast Business Spectator Real estate trust GPT Group Ltd has maintained its earnings forecast of $365 million for last year, and says the company has a tidy balance sheet and simple … and more
Legal world rocked by mass defection of 14 Clayton Utz partners to Allen & Overy – NEWS.com.au
Legal world rocked by mass defection of 14 Clayton Utz partners to Allen & Overy NEWS.com.au The partners that Clayton Utz has lost include: the partner leading its Perth office, Geoff Simpson, its head of real estate , David Wilkie and its head of …
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Legal world rocked by mass defection of 14 Clayton Utz partners to Allen & Overy – NEWS.com.au
Hobart in the millions – Tasmania Mercury
Hobart in the millions Tasmania Mercury Mr Yardney, who is an author of property investment books, based his predictions on figures from the Real Estate Institute of Australia, …
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Hobart in the millions – Tasmania Mercury
Mortgage funds to stay in deep freeze
INVESTORS could be forced to wait up to four years to recover their money from frozen mortgage funds
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Mortgage funds to stay in deep freeze
Port Phillip Estate – The Age
The Age Port Phillip Estate The Age … they've opened in peak season on the Mornington Peninsula, an area where good waiting staff are about as easy to come by as affordable real estate .
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Port Phillip Estate – The Age
Breathe a sigh of relief – The Cairns Post
Rediff Breathe a sigh of relief The Cairns Post The real estate sector generally welcomed the Reserve Bank's decision not to raise interest rates this week. The RBA left the cash rate unchanged at 3.75 ..
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Breathe a sigh of relief – The Cairns Post
Pilbara house prices continue rapid rise – ABC Regional Online
Pilbara house prices continue rapid rise ABC Regional Online The Real Estate Institute says the under supply of housing in the Pilbara is still the main driver of rapidly inflating property prices. … Pilbara Cities getting underway Australian Mining all 2 news articles
No more withdrawal symptoms as bankers again splash the cash – Sydney Morning Herald
Sydney Morning Herald No more withdrawal symptoms as bankers again splash the cash Sydney Morning Herald THE bonuses for bankers are back and Sydney's real estate agents can't stop grinning. Merchant bankers, lead by the so-called Millionaires Factory, …
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No more withdrawal symptoms as bankers again splash the cash – Sydney Morning Herald
Welfare spike after meatworks sackings – ABC Online
Welfare spike after meatworks sackings ABC Online Ms Merryn says the town's real estate agents are also feeling the pressure as they must charge rent from people who cannot pay. “We're going to have people, … and more
How to renovate a property for profit
Australians love a renovation. We spend billions every year on extensions and refits big and small. According to recent reports we’ve even overtaken America when it comes to the world’s biggest homes.
We renovate for two reasons – for the pleasure of reshaping and living in the home we want, and for financial gain.
This week, I want to examine the latter part of this equation – looking at how we can create renovations that add value to our properties, and avoid ones that don’t.
Renovating for financial gain
There are three reasons to renovate: to help rent a property, to help to sell one, and to improve the one we live in. In each case, there are some do’s and don’ts when it comes to adding value.
Renovating a property to rent
If you’re thinking of renovating a property to rent, be sure to:
- Consider the needs of prospective tenants. Another bathroom might be more attractive to your potential tenants than a landscaped garden.
- Speak to a real estate agent who specialises in rental properties in your area to get an idea of what tenants are looking for and how much they’re prepared to pay.
- Maximise your tax deductions. Renovations classed as repairs can provide an immediate tax deduction, while others can be depreciable improvements. Speak to an accountant for some advice before you start.
At the same time:
- Don’t renovate without knowing how much extra rent your renovation is likely to bring in. Spending $15,000 hard-earned dollars to bring in an extra $5 a week won’t make for a good investment.
- Don’t renovate yourself unless you have the right experience, training or qualifications. Structural changes, electrical wiring and the like should only be done by trained and insured professionals.
Renovating a property to sell
Renovations can add value to a property but, when selling, it’s important to ensure that any increase in value results in a profit – you don’t want to spend just to break even.
With this in mind:
- Consider your buyers’ needs. An extra bedroom or bathroom will appeal to a young family, while an entertainment or theatre space might appeal to a young (or retired) couple. It’s hard to please everyone, so speak with a local real estate agent to find out what types of buyers are interested in the area.
- Stick to your budget. Going over time or over budget eats into your profit. Delays are an easy way to lose money, so keep a close watch on time lines.
- Renovate to a high standard. Buyers will quickly detect cheap fittings and shoddy work. You don’t have to buy the top of the range, but try to stick with quality materials and workmanship.
When renovating to sell make sure that you:
- Don’t overcapitalise. If your house is worth $500,000 and the best house on the street is worth $600,000, then spending more than $100,000 on a renovation is unlikely to deliver a worthwhile return.
- Don’t renovate out of character. Buyers are often attracted to particular suburbs or streets because they like the design of the houses. Make sure your renovation fits the style of the neighbourhood.
- Don’t automatically assume you’ll make a profit. Instead, have a plan. As a rule, aim for a return of between $2 and $5 on every dollar spent. For example, if you spend $10,000, you should be expecting a minimum return of $20,000. If you’re not sure whether you’ll see such a return, think again about spending your money.
Renovating a property to live in
Renovating the home you live in allows you to cater to your own needs and tastes. There’s a lot of freedom, but be sure to:
- Consider moving house. Yes – renovating requires time, effort and money, so always weigh up the pros and cons of simply shifting to a bigger house.
- Take into account your present and future needs. The needs of a couple are different to those of a young family. Consider what the future might bring for yourself and your family in the next five years.
- Assess future property values in your area. This will help you to decide on your renovation budget. To get a feel for the future, speak to your local real estate agent and buy independent property price reports on properties in your area, including your own home.
At the same time:
- Don’t perform major renovations if you’re planning to sell within a year or two. You’ll be unlikely to recoup your costs.
- Don’t overcapitalise. Remember not to spend too much for your area. While having the best house on the street can feel good, you might not see a profit when your home is eventually sold.
- Don’t overextend your finances. Big renovations are tempting, as is taking out a bigger home loan to pay for them. Be sure you can afford your renovations before signing up for finance. Prepare a budget and weigh up the benefits of renovating against the costs of further financial commitments.
Summing up:
Whether it’s your own home or an investment property, renovating can deliver substantial value – both financially and emotionally.
When it comes to turning a profit, however, the key is to make sure that your renovation is done correctly. It has to be affordable, of good quality, and financially sound as an investment.
If it’s those three things, you’re well on your way to achieving your financial and lifestyle aims. But be sure to do your research, have a plan, and try your best to stick to it – while renovations can deliver a financial boost or the property of your dreams, they can also become expensive headaches that take years to sort out.
Pete Boehm is CEO of Our Home Sweet Home – a home buyer and property investor resource where you’ll find home loans, mortgage calculators, guides and more. Follow Pete on Twitter or join the conversation at the Our Home Sweet Home Blog. You can also ask Pete a question.
Rental squeeze forces students into hotels – ABC Online
Rental squeeze forces students into hotels ABC Online Real estate agents are reporting vacancy rates of less than 1 per cent. ANU Student Association president Tully Fletcher says management is housing 279 …
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Rental squeeze forces students into hotels – ABC Online
Licence ban for Gold Coast real estate worker – Queensland Business Review
Licence ban for Gold Coast real estate worker Queensland Business Review A Surfers Paradise-based resident letting agent has been banned from holding a licence for ten years after being found guilty in the Queensland Civil and …
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Licence ban for Gold Coast real estate worker – Queensland Business Review
In properties we trust
The economic downturn over the past year is now a distant memory for most Australians, who believe the housing market is set to take off – again.
The survey conducted by the Mortgage and Finance Association of Australia (MFAA) and BankWest found that almost three in four (73%) of respondents expect house prices to rise- the highest level of confidence in more than three years.
Phil Naylor, CEO of The MFAA said confidence in the housing market is not only pre-GFC – it’s back where it was during the height of the housing boom.
However, he warned that the recent interest rate increases are negatively impacting households.
The proportion of respondents who are struggling to meet their mortgage repayments have increased to 15.9% from 11.7% in May 2009.
Western Australia has the highest proportion (25%) of respondents claiming to be struggling, while NSW has the least number of people struggling to meet repayments at just 20.6%.
“The survey suggests that Australia’s two-speed housing market is alive and well,” said Dean Gillespie, head of mortgages at Bankwest. “It would appear that when it comes to the housing market and perceptions of economic conditions, NSW is leading the charge for the first time in years.”
About half of the respondents believe now is a good time to buy a new home, with almost two-thirds (63%) of South Australians saying now is a good time to buy. Queensland was the least optimistic at just 41.4% of respondents believing it was a good time to buy.
In properties we trust is ©Your Mortgage and has been republished with permission.
New REIQ Mackay zone leader – Mackay Daily Mercury
New REIQ Mackay zone leader Mackay Daily Mercury THE Real Estate Institute of Queensland (REIQ) Mackay zone has had a change of face. Former chairman Barry Lynam has handed over the Mackay zone reins to ..
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New REIQ Mackay zone leader – Mackay Daily Mercury
A bonus is a must, says the real estate crowd – Sydney Morning Herald
Brisbane Times A bonus is a must, says the real estate crowd Sydney Morning Herald A cutback in executive performance payments has implications for those selling houses, writes Property Editor Jonathan Chancellor. uxury home estate agents … No more withdrawal symptoms as bankers again splash the cash Sydney Morning Herald all 6 news articles
She’ll be REIT: new life for investment trusts – Sydney Morning Herald
She'll be REIT: new life for investment trusts Sydney Morning Herald ''In our estimates, Australian commercial real estate asset sales volumes were up 3 per cent in January from December at $1.1 billion of major transactions, … and more
$30m war chest out of Labor’s reach – The Australian
$30m war chest out of Labor's reach The Australian The company also invests in commercial real estate but does not own any landmark buildings. The company's AEC return shows it owed $22559 to the tax office …
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$30m war chest out of Labor’s reach – The Australian
Roof insulation turns houses ‘live’
HUNDREDS of homes fitted with foil insulation under the Rudd government’s stimulus program have been turned into potential death traps.
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Roof insulation turns houses ‘live’
City leads rest on home improvement
MELBOURNE home owners have spent more on renovations than residents elsewhere in the country for the second year in a row.
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City leads rest on home improvement
Auction results point to buoyant year
The property market continues its stellar run, with strong results on the first big auction weekend of the year.
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Auction results point to buoyant year
Heat builds into Melbourne property market – Sydney Morning Herald
Heat builds into Melbourne property market Sydney Morning Herald Real estate agent Cameron Miller-Randle said he believed the property market was faring well – two houses auctioned by Biggin & Scott selling substantially … and more
Home building approvals jump as recovery gets in full swing
The total number of dwelling approvals across Australia jumped by a solid 2.2% in December buoyed by the improving economy and low interest rates according to the Australian Bureau of Statistics.
Tasmania outperformed all other states, notching up a massive 21.7% increase while Victoria recorded a rise of 11.1%.
The number of approvals for private sector housing recovered in December, adding a healthy 3.1% and reversing a drop in the previous month.
Victoria racked up the highest increase in detached housing approval with a 4.6% growth. Queensland rose 2.2% while Western Australia gained 3.3%.
The Housing Industry Association noted that during the December quarter, the total number of approvals climbed by a stunning 34.9% compared to a year ago.
HIA senior economist Ben Phillips said the latest data is a positive sign that the new home building recovery is well underway.
“The recovery in building approvals now appears broad-based with all states and territories recording solid gains over the last quarter of 2009. The strong growth over the last quarter in New South Wales and Queensland, the two recent laggards, is most pleasing,” said Phillips.
“The strong result in approvals is no doubt driven by the combined impacts of the federal government?s social housing stimulus, low interest rates through 2009, and the last wave of the first home buyer boost approvals filtering through.”
Despite these upbeat data, HIA pointed out that the housing industry remains weak. Over the entire 2009, only 144,992 dwellings were approved, down 2.1% over 2008 and well below the 190,000 dwellings required to satisfy Australia’s growing population.
“The sustainability of a broad-based housing recovery will be challenged through 2010 as the positive impact of federal stimulus and very low interest rates wanes. The removal of the first home buyers boost and the potential for higher interest rates could prevent further sustained growth in approvals through the year,” said Phillips.
“The fundamentals of strong population and employment growth can be expected to push high housing demand. Without an adequate supply response, price pressures and further erosion of housing affordability will be inevitable.”
Home building approvals jump as recovery gets in full swing is ©Your Mortgage and has been republished with permission.
Guess who wins worst neighbour poll? – Herald Sun
Guess who wins worst neighbour poll? Herald Sun Sky News reports The Babyshambles frontman edged out singer Amy Winehouse to the top spot in the survey by British real estate website … and more
Leighton Walters’ heart of gold – Cumberland Courier Newspapers
Cumberland Courier Newspapers Leighton Walters' heart of gold Cumberland Courier Newspapers “I also noticed there was an opportunity to capitalise on the resources that people throw out when they move home,” Mr Walters, a real estate agent, said. …
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Leighton Walters’ heart of gold – Cumberland Courier Newspapers
public housing prices – Sydney Morning Herald
Sydney Morning Herald public housing prices Sydney Morning Herald ''I've had two real estate agents and they've both told me that, due to the developments, I have lost value on my home,'' Mrs Fitzgerald said, …
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public housing prices – Sydney Morning Herald
Sydney Auction Results
Total properties:92
Sold:66
Withdrawn:3
Cleared: 69 %
Total sales: $39,775,000
Median: $607,000
| Suburb | Address | Description | Price | Result |
| Alexandria | 56 Suttor St | 2 br h | $690,000 | S |
| Annandale | 233 Annandale St | 3 br h | SN | |
| Ashfield | 19 Hanks St | 3 br h | $851,000 | S |
| Balmain | 39 Birchgrove Rd | 2 br h | $980,000 | SP |
| Bass Hill | 32 Thornton Av | 3 br h | $650,000 | S |
| Berala | 34a Fifth Av | 2 br h | $365,000 | S |
| Berkeley Vale | 4 Erin Av | 3 br h | PI | |
| Bexley | 1/20-22 Caledonian St | 2 br h | $441,500 | S |
| Bexley | 12/10 Dunmore St N | 2 br u | $300,000 | SP |
| Bexley | 11a Preddys Rd | 3 br h | $567,000 | PI |
| Bexley | 9 Preddys Rd | 2 br h | $630,000 | S |
| Blacktown | 24 Mariko Pl | 4 br h | $422,000 | S |
| Blue Bay | 7/160-162 Ocean Pde | 3 br t | PI | |
| Bossley Park | 26 Boronia Rd | 4 br h | PI | |
| Bossley Park | 16 Tuncurry St | 3 br h | $363,500 | SA |
| Cabramatta | 31 Broad St | 3 br h | $420,000 | S |
| Cabramatta | 2/88-92 Hughes St | 2 br u | $233,000 | S |
| Cabramatta | 5/99a Longfield St | 2 br u | $188,000 | S |
| Campsie | 9 Marlowe St | 5 br h | $860,000 | S |
| Caringbah | 1/365 Willarong Rd | 4 br u | $850,000 | VB |
| Carlton | 124 Willison Rd | 4 br h | $650,000 | PI |
| Casula | 6 Heysen Pl | 4 br h | $599,000 | S |
| Casula | 4 White Wy | 3 br h | $490,000 | SP |
| Chippendale | 64 Myrtle St | 2 br h | $670,000 | S |
| Collaroy | 16 Berith St | 4 br h | $901,000 | PI |
| Como | 16 Mindar St | 5 br h | $1,230,000 | S |
| Concord | 13 Nicholas Av | 2 br h | $870,000 | S |
| Concord West | 31 King St | 4 br h | $765,000 | S |
| Condell Park | 91 Market St | 4 br h | SN | |
| Condell Park | 25 Mons St | 4 br h | PI | |
| Croydon | 81a Church St | 4 br h | $1,300,000 | S |
| Croydon Park | 3/195 Georges River Rd | 2 br t | W | |
| Darlinghurst | 408/227 Victoria St | 2 br u | NB | |
| Eastwood | 8 Milton Av | 3 br h | $975,000 | S |
| Emu Plains | 93 Russell St | 3 br h | $325,000 | S |
| Epping | 20 Rockleigh Wy | 3 br h | $810,000 | SP |
| Fairfield Heights | 28a Dawson St | 3 br h | $308,000 | S |
| Frenchs Forest | 21-23 Grace Av | 3 br h | PI | |
| Greenacre | 158 Acacia Av | 4 br u | $615,000 | SP |
| Guildford | 36 Chamberlain Rd | 3 br h | $350,000 | S |
| Guildford | 158 Excelsior St | 3 br h | $464,000 | S |
| Guildford West | 53 Wisdom St | 3 br h | $361,000 | S |
| Heathcote | 11a Veno St | 4 br h | W | |
| Heckenberg | 13 Jagungal Pl | 3 br h | PI | |
| Homebush Bay | 406/2 The Piazza | 2 br u | $425,000 | S |
| Horsley Park | 138-140 Burley Rd | 4 br h | PI | |
| Illawong | 133 Fowler Rd | 5 br h | $1,125,000 | PI |
| Jannali | 51 Georges River Rd | 3 br h | $534,000 | S |
| Koolewong | 74 Brisbane Water Dr | 2 br h | $795,000 | SP |
| Leichhardt | 302 Elswick St | 3 br h | $780,000 | PI |
| Leichhardt | 7/1 Flat St | 3 br t | $665,000 | SP |
| Lilyfield | 18 Mary St | 2 br h | SN | |
| Lilyfield | 4 Ryan St | 3 br h | $985,000 | SP |
| Lurnea | 210 Wonga Rd | 4 br h | NB | |
| Maroubra | 23/117 Boyce Rd | 2 br u | $580,000 | SP |
| Marrickville | 3/352 Livingstone Rd | 2 br u | $475,000 | S |
| Marsfield | 2 Fay Pl | 4 br h | $815,000 | PI |
| Merrylands | 3 Garnet St | 3 br h | PI | |
| Miranda | 9 MacArtney St | 4 br h | $781,000 | S |
| Mona Vale | 45 Samuel St | 4 br h | PI | |
| Mortdale | 3 Crump St | 3 br h | $670,500 | S |
| Mosman | 3/23 Clifford St | 1 br u | $353,000 | S |
| Mount Colah | 49 Sprigg Pl | 4 br h | $725,000 | SP |
| Mount Pritchard | 5 Lindsay Pl | 3 br h | $306,500 | S |
| Mount Pritchard | 65 Meadows Rd | 3 br h | $466,500 | S |
| Mount Pritchard | 16 Tresalam St | 3 br h | $396,000 | S |
| Naremburn | 2/36 Park Rd | 2 br u | $645,000 | S |
| North Avoca | 12 View St | 4 br h | $945,000 | S |
| Padstow | 29 Wyatt Av | 2 br h | $535,500 | S |
| Pennant Hills | 11 Greycliffe Av | 4 br h | $1,050,000 | S |
| Penrith | 26/132 Lethbridge St | 2 br u | PN | |
| Penshurst | 45 Laycock Rd | 4 br h | $1,451,000 | S |
| Petersham | 33 Brighton St | 4 br h | $1,120,000 | SP |
| Prestons | 86-92 Skipton La | 3 br h | PI | |
| Prospect | 84 Norman St | 3 br h | $446,000 | S |
| Rhodes | 3/7-11 Cropley St | 3 br h | $570,000 | S |
| Rockdale | 82 Farr St | 2 br h | $550,000 | PI |
| Roselands | 980 Canterbury Rd | 2 br h | $441,500 | S |
| Sadleir | 26 Insignia St | 4 br h | $370,000 | S |
| Sans Souci | 16 Plimsoll St | 5 br h | $1,080,000 | SP |
| Seaforth | 8 Wakehurst Pky | 3 br h | $825,000 | S |
| Smithfield | 291 Brenan St | 3 br h | $345,000 | S |
| Smithfield | 110 Chifley St | 3 br h | $330,000 | |
| South Wentworthville | 60 Richmond St | 3 br h | PN | |
| St Marys | 6/8-10 Sainsbury St | 3 br t | SN | |
| Strathfield | 11 Llandilo Av | 5 br h | $1,800,000 | S |
| Strathfield | 34 Noble Av | 2 br h | $1,110,000 | S |
| Taren Point | 9 Alexander Av | 5 br h | $840,000 | S |
| Telopea | 1/95-97 Adderton Rd | 3 br t | PI | |
| Telopea | 21 Sophie St | 3 br h | $551,000 | S |
| The Entrance | 3/29-33 Gosford Av | 2 br u | PI | |
| Umina Beach | 39 The Sanctuary | land | $150,000 | |
| West Pymble | 41 Boronga Av | 4 br h | W | |
| Yennora | 39 Railway St | 3 br h | PI |
These auction results are compiled by Home Price Guide ®
Melbourne Auction Results
TOTAL AUCTIONS
This week: 161
Yesterday: 0
Last weekend: 69
This weekend last year: 99
S Sold at Auction: 97
SB Sold before Auction: 36
SA Sold after Auction: 1
Passed in: 27
Passed in on vendor’s bid: 17
Clearance rate: 82%
| Postponed: 0
Withdrawn: 2 Auctions with no result: 22 PS Private Sales: 709 Total Volume (Auctions): $75.05mil Total Volume (Private Sales): $313.17mil Total Auctions Houses: 113 Clearance Rate: 88% Median Price: $560,000 Total Auctions Flats/Apartments: 43 Clearance Rate: 74% Median Price: $545,000 Total Auctions Vacant Land: 5 Clearance Rate: 40% Median Price: $361,000 House Sales in Detail 1. 30 Lennox Street, Hawthorn $2,860,000 2. 13 Loch Street, Camberwell $1,340,000 3. 67 – 69 Waverley Road, Malvern East $1,150,000 4. 29 Frank Street, Box Hill South $1,016,000 5. 1 Gwingana Street, Glen Waverley $1,007,000 TOP 5 BARGAIN HOUSES 1. 11 Glenleigh Court, Cranbourne North $266,000 2. 49 Gipps Crescent, Cranbourne $285,000 3. 18 Kingsbarn Court, Cranbourne $285,500 4. 7 Batman Avenue, Keilor Park $296,300 5. 32 Corinella Crescent, Dallas $305,500 Flat/Apartment Sales in Detail TOP 5 APARTMENTS/TOWNHOUSES 1. 9/88 Clowes Street, South Yarra $885,000 2. 5/2 Irymple Avenue, St Kilda $787,000 3. 12 Angler Lane, Maribyrnong $728,000 4. 706/221 Sturt Street, Southbank $720,000 5. 3/77 Invermay Grove, Rosanna $696,000 TOP 5 BARGAIN APARTMENTS 1. 2/5 Amarina Close, Meadow Heights $240,000 2. 5/602 Bell Street, Preston $286,500 3. 2/16 Parkview Close, Dandenong $290,000 4. 6/89 Ballantyne Street, Thornbury $312,000 5. 1 Marlo Court, Broadmeadows $335,000 Get the latest auction and private sale results first from the REIV |
Perth house prices up – ABC Online
Southall Travel Perth house prices up ABC Online Figures from the Real Estate Institute of WA show the median house price in Perth in the last quarter has reached $480000 dollars.
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Perth house prices up – ABC Online
Arctic ice melt could cost $28tln by 2050: report – Sydney Morning Herald
Arctic ice melt could cost $28tln by 2050: report Sydney Morning Herald Arctic ice melting could cost global agriculture, real estate and insurance anywhere from $US2.4 trillion ($2.8 billion) to $US24 trillion by 2050 in damage …
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Arctic ice melt could cost $28tln by 2050: report – Sydney Morning Herald
Infrastructure crucial to growth – Sunshine Coast Daily
Infrastructure crucial to growth Sunshine Coast Daily PROMISING SIGNS: New Real Estate Institute of Queensland Sunshine Coast chairman Brett Graham has seen real growth. THE single biggest challenge facing the …
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Infrastructure crucial to growth – Sunshine Coast Daily
Alan Wetton loses Coast REIQ post – Fraser Coast Chronicle
Alan Wetton loses Coast REIQ post Fraser Coast Chronicle THE LOCAL head of the Real Estate Institute of Queensland has been rolled and he's not happy. Alan Wetton, who proactively chaired the organisation on the …
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Alan Wetton loses Coast REIQ post – Fraser Coast Chronicle
Lower unemployment rates will help keep house prices on the boil, says bank – Sydney Morning Herald
Lower unemployment rates will help keep house prices on the boil, says bank Sydney Morning Herald A real estate strategist at Macquarie Capital Advisers, Rod Cornish, said mortgage rates tended to affect housing markets with a six- to nine-month lag, … and more
Schools website leads parents to change address – Sydney Morning Herald
Schools website leads parents to change address Sydney Morning Herald LEAGUE tables will influence parents to buy homes in suburbs with top-ranking schools, university researchers and real estate agents predict.
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Schools website leads parents to change address – Sydney Morning Herald
Islands of mansions and castles – The Australian
Islands of mansions and castles The Australian A quick look at the listings in the area on realestate .com.au shows a wide range of properties ranging from about $2 million to a $20m castle that has …
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Islands of mansions and castles – The Australian
Trinity claws back $5000, pays $1m
TROUBLED property group Trinity has recovered little of the almost $20 million it claims to be owed by “project partners”.
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Trinity claws back $5000, pays $1m
Property numbers up, but buyers cautious at start of auction season – Herald Sun
Property numbers up, but buyers cautious at start of auction season Herald Sun The Real Estate Institute of Victoria said buyers and sellers would both benefit from the Reserve Bank's decision to keep interest rates at 39-year lows, … and more
Perth median house prices at record high – PerthNow
Southall Travel Perth median house prices at record high PerthNow LATEST Real Estate Institute of WA figures show Perth's median house and unit prices have reached record levels. But this is by no means another property … Perth house prices hit new record WA Business News (subscription) Perth smashes property price record WA today Qantas expands WA services Aviation Record micebtn
Queenslander house upsets residents of upmarket estate – NEWS.com.au
Queenslander house upsets residents of upmarket estate NEWS.com.au I am a real estate agent and Believe that if people are goin to do the home up they should have a set time to start and complete the work “within reason”. … and more
Perth smashes property price record – WA today
Southall Travel Perth smashes property price record WA today Data released by the Real Estate Institute of WA today shows the median price for the three months to December was $480000, a rise of 14.3 per cent on the … Perth house prices hit new record WA Business News (subscription) Perth median house prices at record high PerthNow Qantas boosts WA regional services micebtn e-Travel Blackboard (press release) all 9 news articles
NZ dollar near five-month low; rebounds on exporters – Ninemsn
Stuff.co.nz NZ dollar near five-month low; rebounds on exporters Ninemsn [ID:nLDE6130RE] On the local data front next week, January housing data from rating agency QV is due on Monday and a separate survey from the Real Estate … NZ dollar bobs around five month low as risk shunned Ninemsn all 210 news articles
Gympie Rd real estate demand – Quest News
Quest News Gympie Rd real estate demand Quest News KEDRON: Dual success by Raine and Horne agents has resulted in the sale of two Gympie Rd properties totalling $2.88 million. The first property, at 449 …
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Gympie Rd real estate demand – Quest News
Are You Ready To Invest In Real Estate?
More and more people these days are looking for ways to earn more money quickly. The real estate market seems to be a viable option for many investors, but how do you know if it is right for you? Educate Yourself Yes, checking your local listings is a good way to kill time, but you would be better off to subscribe to a number of websites that are set up for investors. It is also a good idea to take a few local classes on the subject of real estate and related issues.
Agents think $1m mark not far away – Daily Examiner
Agents think $1m mark not far away Daily Examiner SOME existing riverfront homes in Grafton would fetch over a million dollars, according to local real estate agents, and 2010 may very well be the year the …
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Agents think $1m mark not far away – Daily Examiner
Green light for $2bn Lang Walker plan – The Australian
Green light for $2bn Lang Walker plan The Australian … selling the bulk of his massive property holdings to listed developer Mirvac Group for $1.25bn in what was Australia's biggest private real estate sale. ..
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Green light for $2bn Lang Walker plan – The Australian
Green light for $2bn Walker plan
DEVELOPER Lang Walker has won approval for a $2 billion Adelaide housing project.
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Green light for $2bn Walker plan
Council urged to encourage main street traffic – ABC Regional Online
Council urged to encourage main street traffic ABC Regional Online A Ballarat real estate agent is calling for more traffic to be directed down the city's main street to prevent businesses from going broke. …
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Council urged to encourage main street traffic – ABC Regional Online
Separation anxiety – Sydney Morning Herald
Separation anxiety Sydney Morning Herald She trained as a life coach and helps people — it could be the woman or man — achieve goals, from contacting real estate agents about selling the house to …
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Separation anxiety – Sydney Morning Herald
Council considers sustainable housing options – ABC Regional Online
Council considers sustainable housing options ABC Regional Online Mackay Regional Council staff, developers and real estate agents are travelling to south-east Queensland and Sydney today to investigate more sustainable … and more
The Biggest Loser Harry Kakavas and Problem Gamblers – The Monthly (subscription)
The Biggest Loser Harry Kakavas and Problem Gamblers The Monthly (subscription) Harry Kakavas was one of Australia's top real – estate salesmen. He made a fortune selling houses on the Gold Coast
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The Biggest Loser Harry Kakavas and Problem Gamblers – The Monthly (subscription)
The Biggest Loser Harry Kakavas and Problem Gamblers – The Monthly (subscription)
The Biggest Loser Harry Kakavas and Problem Gamblers The Monthly (subscription) Harry Kakavas was one of Australia's top real – estate salesmen. He made a fortune selling houses on the Gold Coast. He was also one of Australia's biggest ..
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The Biggest Loser Harry Kakavas and Problem Gamblers – The Monthly (subscription)
10 Ways Real Estate Agents Could Use The Apple iPad – Business2.com.au (blog)
10 Ways Real Estate Agents Could Use The Apple iPad Business2.com.au (blog) Or perhaps they'll be using it to watch real estate training sessions or live streamed sales meetings?
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10 Ways Real Estate Agents Could Use The Apple iPad – Business2.com.au (blog)
Houses for $75000? What a difference a decade makes – Brisbane Times
Houses for $75000? What a difference a decade makes Brisbane Times The unsurpassed growth has seen Rocklea crowned Brisbane's best performing suburb of the Noughties, according to figures collated by the Real Estate … and more
Where is Australia’s housing market REALLY heading? – Smart Company (blog)
Where is Australia's housing market REALLY heading? Smart Company (blog) …Yes, another set, this time from the Real Estate Institute of Victoria, which look at Melbourne. It's a good snapshot of a market that does appear to be …
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Where is Australia’s housing market REALLY heading? – Smart Company (blog)
Dirty money still entering US: report – Sydney Morning Herald
Dirty money still entering US: report Sydney Morning Herald It noted that the Treasury Department exempted some industries, such as hedge funds and the real estate industry, from Patriot Act anti-money laundering … CORRUPTION: US Banks Abetting Corrupt Regimes, Probe Finds Faxts News all 22 news articles
> Motion City Soundtrack – FasterLouder
> Motion City Soundtrack FasterLouder There's also no question to whom he's most looking forward to seeing – when asked, he quickly lists his top four of “ Sunny Day Real Estate , Sunny Day Real …
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> Motion City Soundtrack – FasterLouder
Real estate sales strong – Nambucca Guardian News
Real estate sales strong Nambucca Guardian News A snapshot from the bird's eye view of our local estate agents suggests that 2010 is set to be a big year for real estate .
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Real estate sales strong – Nambucca Guardian News
Housing shortage builds in Lismore – Northern Rivers Echo
Housing shortage builds in Lismore Northern Rivers Echo Since the peak of the recent real estate boom when Lismore City Council approved 206 development applications for new dwellings in 2004/05, the figure has …
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Housing shortage builds in Lismore – Northern Rivers Echo
Noughties bring mixed fortunes for Brisbane properties – Brisbane Times
Noughties bring mixed fortunes for Brisbane properties Brisbane Times The unsurpassed growth has seen Rocklea crowned Brisbane's best performing suburb of the Noughties, according to figures collated by the Real Estate …
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Noughties bring mixed fortunes for Brisbane properties – Brisbane Times
Murder suspect leaves victim phone messages – NEWS.com.au
Murder suspect leaves victim phone messages NEWS.com.au The woman charged with killing celebrity real estate agent Linda Stein allegedly tried to cover her tracks by leaving a mobile message nearly six hours … and more
Lyco building sold to investor – Ballarat Courier
Lyco building sold to investor Ballarat Courier The investor, who owns other real estate across Ballarat, paid between $2 million and $2.5 million for the Dowling St building. It was advertised for $2.75 … Read full story
New land demand as prices surge
THE housing industry has warned that tight supply of land for new housing developments could choke off a recovery in new home building next year
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New land demand as prices surge
Morgan’s shuffle
JPMORGAN’S relocation to Westfield’s new office development at Sydney’s 100 Market Street could involve some shuffling around.
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Morgan’s shuffle
Read the news to see where to invest
WANT to know how to exploit investment opportunities this year?
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Read the news to see where to invest
JLL cost-cutting delivers profit
JONES Lang LaSalle said fourth-quarter profit rose because it cut expenses.
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JLL cost-cutting delivers profit
No watering down interest in Ord Riversale
NEGOTIATIONS are under way for the sale of the biggest irrigation property on the Ord River.
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No watering down interest in Ord Riversale
Centro’s Rufrano moves to Cushman
FORMER Centro boss Glenn Rufrano has been named president and chief executive of Cushman & Wakefield.
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Centro’s Rufrano moves to Cushman
Magic number closer for rates
EIGHT per cent is the magic number for the housing market.
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Magic number closer for rates
Trinity investors in dark on debt
EMBATTLED Queensland property group Trinity has yet to materially claw back any of the $19.8 million owed by its “project partners”.
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Trinity investors in dark on debt
Living the Australian dream
REAL estate investment pays off for migrant.
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Living the Australian dream
Ashington assets targeted
MELBOURNE businessman Sam Alter is moving to gain control of high-profile assets held by the troubled fund manager and property developer Ashington.
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Ashington assets targeted
Mirvac slashes investment portfolio
MIRVAC has wiped $124.6 million off its $4 billion-plus investment portfolio.
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Mirvac slashes investment portfolio
Overview on Building Construction Sector in Qatar – AZoBuild
Overview on Building Construction Sector in Qatar AZoBuild The sector however is yet to unleash its complete potential restrained by cautious approaches of real estate developers who appear hesitant due to global …
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Overview on Building Construction Sector in Qatar – AZoBuild
Cedar Woods climbs on profit guidance – WA Business News (subscription)
Cedar Woods climbs on profit guidance WA Business News (subscription) Shares in real estate and property development outift Cedar Woods Properties climbed more than 7 per cent today after announcing a stronger than expected …
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Cedar Woods climbs on profit guidance – WA Business News (subscription)
Courteney Cox leads the Cougar pack – NEWS.com.au
Courteney Cox leads the Cougar pack NEWS.com.au In the Channel 7 sitcom, Cox plays real estate agent Jules Cobb, a 40-year-old single mum who is trying to accept her flaws and her C-section as she goes on … and more
Return of REITs in 2010: ING Clarion – Money Management
Money Management Return of REITs in 2010: ING Clarion Money Management ING Clarion is optimistic about the state of real estate investment trusts (REITs) in 2010, predicting solid growth and a total return from global REITs of …
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Return of REITs in 2010: ING Clarion – Money Management
Rates decision sees as regional boost – ABC Online
Rates decision sees as regional boost ABC Online Real Estate Institute of Queensland spokesman Dan Molloy says homeowners now have more time to prepare for rate rises down the track. ..
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Rates decision sees as regional boost – ABC Online
Five Quick Ways to Add Value to Your Property
Over the past couple of years or so, value of real estate has gone down considerably. Even though the market is known to have its ups and downs, this last down seems to be hanging around for a little while. However, there are still ways to add value to your investment properties without emptying your bank account. 1. Add to the outside of the property with some new siding. Individuals who are browsing the market these days are looking for properties with the more practical options as opposed to high-priced flashy details. Brand new siding will enhance the aesthetics of property and attract buyers with low maintenance costs. In addition, most homebuyers know that siding provides additional insulation that will save money on utility costs.
Rates stay still a win for region – Newcastle Herald
ABC Online Rates stay still a win for region Newcastle Herald Hunter-based Real Estate Institute of NSW president Wayne Stewart said the halt to rates was proof of a strong national property market, but also that the … Rate reprieve is a chance to take stock Ballarat Courier all 981 news articles
Landlords blamed for Cairns’ shabby CBD – Cairns Post
Landlords blamed for Cairns' shabby CBD Cairns Post LOUSY landlords rather than a flagging economy are to blame for empty shops and a shabby CBD, a commercial real estate agent says. CB Richard Ellis manager …
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Landlords blamed for Cairns’ shabby CBD – Cairns Post
Hot property in Moranbah – Mackay Daily Mercury
Hot property in Moranbah Mackay Daily Mercury MORANBAH property is in such demand real estate agents barely have time to process listings before houses are snapped up by eager buyers, sometimes within …
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Hot property in Moranbah – Mackay Daily Mercury
Labor targets Baillieu as campaign gets personal – The Age
Labor targets Baillieu as campaign gets personal The Age In a revival of its controversial 2006 election advertisements, ALP flyers for February's Altona byelection claim Mr Baillieu's real estate company sold the … and more
Newest Packer could have been a Dude – Sydney Morning Herald
Sydney Morning Herald Newest Packer could have been a Dude Sydney Morning Herald Barely five weeks into the new year, Merrill Lynch/Bank of America has opened up its chequebook to poach the bulk of Bell Potter's real estate division, … and more
MacLeod steps down as director of REA – Sydney Morning Herald
MacLeod steps down as director of REA Sydney Morning Herald Rupert Murdoch's son-in-low Alasdair MacLeod has stepped down as a director of listed on-line real estate advertiser REA Group Ltd. Mr MacLeod's resignation … and more
Property trusts urged clarity on debt – Sydney Morning Herald
Property trusts urged clarity on debt Sydney Morning Herald With the launch of a new bi-annual report on Real Estate Investment Trusts (REITs), chartered accountants PKF have raised concerns about the disclosure of … and more
‘Watch out in six months’ – WA today
'Watch out in six months' WA today Real Estate Institute of WA president Alan Bourke said the RBA might have to increase rates by up to 0.5 of a percentage point in the next six months if the …
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‘Watch out in six months’ – WA today
How the Banks ‘Look After’ Your Money – Money Morning (blog)
Money Morning (blog) How the Banks 'Look After' Your Money Money Morning (blog) You only have to pick up the Saturday edition of The Age newspaper with its three real estate sections to see that Fairfax makes a motza from the real …
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How the Banks ‘Look After’ Your Money – Money Morning (blog)
Summer ends in steady cash rate
Take action – health check your home loan
After a welcome two-month break from cash rate hikes, the Reserve Bank of Australia (RBA) kicked off its 2010 monetary policy meetings by deciding to hold the country’s official interest rate at 3.75%.
The move surprised the vast majority of economists and market commentators, who expected an increase of at least a quarter of a percentage point. It was a decision that was welcomed by borrowers around the country.
Today is the first time since September that the RBA has kept the cash rate on hold. While celebrating this short-term relief, variable rate borrowers should use the pause to reassess their mortgage and prepare for future rate rises.
Mortgage Choice senior corporate affairs manager, Kristy Sheppard said, “The Reserve Bank is set to increase the cash rate at some point soon, so it moves to a neutral level, and this could happen as early as next month.”
“So, now is not the time to sit back. Borrowers of all types should be taking action to help ensure their budget can deal with higher repayments over 2010.
“Anyone in debt who hasn’t revisited their financial commitments lately to see if there is a way they can reduce their repayments may find this passive stance is losing them money.
“As a borrower, you are always in a position to try negotiating a lower interest rate with your lender. You are always in a position to search for a better deal that lowers your repayments. And you are always in a position to explore restructuring your commitment to help ease the strain of rate rises.
“Making changes doesn’t have to be daunting. You can achieve each of these goals by meeting with a reputable mortgage broker, asking for a home loan health check and/or having them act on your behalf to check for ways to improve your mortgage situation.”
Call the customer service centre on 13 MORTGAGE, visit www.mortgagechoice.com.au or www.facebook.com/MortgageChoice or http://twitter.com/MortgageChoice.
Quickflix gearing up for growth – Inside Retailing
Quickflix gearing up for growth Inside Retailing From 2004 to 2007, she served as group consumer marketing manager of ASX-listed market leader REA Group ( RealEstate .com.au and international sites) where …
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Quickflix gearing up for growth – Inside Retailing
Swans Club Kings Cross faces $752k loss – Cumberland Courier Newspapers
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Swans Club Kings Cross faces $752k loss – Cumberland Courier Newspapers
New land release ‘enticing’ – Yorke Peninsula Country Times
New land release 'enticing' Yorke Peninsula Country Times For information on Stage 1 of the North Beach Development contact Neville Hibbard at Blights Real Estate (Professionals), Kadina, on 0427 187 450, …
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New land release ‘enticing’ – Yorke Peninsula Country Times
Rainbow power on St Kilda streets – Port Phillip Leader
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Rainbow power on St Kilda streets – Port Phillip Leader
China fears send bourse lower – The Australian
The Australian sharemarket remained under pressure, falling to a three-month low as signs of economic expansion and potential upstream inflation in China rekindled concerns about Chinese monetary tightening
theaustralian.com.au
Property trusts driving out of the gloom – Sydney Morning Herald
After one of the toughest years in its history, the real estate investment trust sector is heading out of its gloom, although the road ahead still has some potholes, according to ratings agency, Moody’s Investor Services.
smh.com.au
Keir takes the helm at Devine
FORMER Delfin Lend Lease chief David Keir is the new boss of Leighton Holdings-backed residential developer Devine.
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Keir takes the helm at Devine
Property group sells six-pack of pubs
REDCAPE Property Group, formerly known as the Hedley Leisure and Gaming Property Fund, has agreed to sell six pubs for $57.36 million.
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Property group sells six-pack of pubs
Rates to rise amid home boom
ECONOMISTS believe a 0.25 percentage point rise in the official interest rate is a near certainty today.
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Rates to rise amid home boom
Byron Bay owners can hold back sea
Byron Shire Council’s plan to roll back beachfront living was effectively demolished yesterday, when a court upheld a home owner’s right to protect his property from the sea.
Byron Bay owners win right to protect beach property
Fine cut of a bushie – Sydney Morning Herald
The Age Fine cut of a bushie Sydney Morning Herald This wild colonial gourmet has carved his way into our top chefs' hearts, writes Kirsten Lawson. ohn Hounslow-Robinson has what a real – estate agent might …
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Fine cut of a bushie – Sydney Morning Herald
House price record – ABC Online
House price record ABC Online The Real Estate Institute of Tasmania's December quarter report shows the median house price reached $300000.
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House price record – ABC Online
House prices rocket in December quarter
THE weighted average price of established houses in Australian capital cities rose 5.2 per cent in the fourth quarter of 2009.
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House prices rocket in December quarter
Charter Hall looks to acquire Macquarie real estate – Money Management
Money Management Charter Hall looks to acquire Macquarie real estate Money Management Macquarie Group is in discussions with Charter Hall about the potential acquisition of parts of Macquarie's real estate funds management platform, …
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Charter Hall looks to acquire Macquarie real estate – Money Management
House prices for dummies – Business Spectator
House prices for dummies Business Spectator Exclusive of our human capital, or income-generating potential, the largest component of household wealth is residential real estate (around 65-85 per cent … and more
How to save thousands off your home loan
Last week we looked at how a typical variable rate amortising or principal and interest mortgage worked and in particular how the amount borrowed, the interest rate and loan term combined to determine the minimum monthly repayment, the total interest paid and the speed at which the loan balance was paid off.
Today we’ll explore how you can pay off your home loan faster and save thousands on your interest costs.
Start early
The most amount of interest is charged and paid during the early years of your loan. It follows that the earlier you can reduce your loan balance, the better off you’ll be. This may be a bit of a challenge, particularly during the first five years, but you’ll be surprised at what you can achieve and what a difference can be made to your financial position.
Lump sum payments*
You may find yourself in the fortunate position to be in receipt of a lump sum of cash. Perhaps you received a bonus from work, a gift or an inheritance from a long lost relative. What should you do with it? You have a choice of spending it, investing it or paying off debt.
To decide the best way forward, you should compare the benefits (financial and non-financial) of your options. Here we are looking at the financial benefits in relation to your debt. Normally, it’s probably a good idea to pay down high cost debt, like credit cards or personal loans.
But what about your home loan – is it worth paying off a lump sum and if so, when? Let’s look at a situation where you receive an after tax $5,000 lump sum and are wondering whether to use it to reduce your home loan. Let’s look at some different loan balances and some different time frames in which the lump sum is paid.
Interest saving made on paying a $5,000 lump sum off a 25 year mortgage at 6 percent:
| Loan\when |
1st year |
5th year |
10th year |
15th year |
20th year |
|
$200,000 |
$15,265 |
$11,081 |
$7,017 |
$3,962 |
$1,674 |
|
$250,000 |
$15,420 |
$11,180 |
$7,072 |
$3,993 |
$1,691 |
|
$300,000 |
$15,527 |
$11,247 |
$7,110 |
$4,014 |
$1,703 |
|
$350,000 |
$15,603 |
$11,295 |
$7,137 |
$4,028 |
$1,711 |
Time saving made on paying a $5,000 lump sum off a 25 year mortgage at 6 percent:
| Loan\when |
1st year |
5th year |
10th year |
15th year |
20th year |
|
$200,000 |
1 year 4 mths |
1 year |
9 months |
7 months |
5 months |
|
$250,000 |
1 year 1 month |
10 months |
7 months |
6 months |
4 months |
|
$300,000 |
11 months |
8 months |
6 months |
5 months |
3 months |
|
$350,000 |
9 months |
7 months |
5 months |
4 months |
3 months |
As you can see, the earlier you pay a lump sum off your loan, the more it saves you in time and money and the quicker you pay off your debt. If you can regularly pay lump sums off your mortgage, you’ll pay your loan off even sooner and save yourself a lot more in interest cost.
Extra payments*
Say you have some extra cash and can make additional payments on top of your minimum monthly loan repayments. Is it worth doing and how much will you save?
Let’s look at an example of making extra repayments on a $250,000 25 year loan at a variable rate 6 percent. The minimum monthly repayment would be $1,610.75. What would happen if you could, from the very beginning, repay more than the minimum?
Saving on your loan by paying more than the monthly minimum:
|
Savings\extra payment |
$10 extra per month |
$20 extra per month |
$50 extra per month |
$100 extra per month |
$200 extra per month |
$500 extra per month |
|
Interest saved |
$3,874 |
$7,607 |
$18,041 |
$33,262 |
$57,646 |
$103,614 |
|
Time saved |
4 months |
8 months |
1 year 7 mths |
3 years |
5 years 4 mths |
10 years |
The first five years of paying off your home loan are usually the toughest. So let’s look at what would happen if you started making the same extra repayments five years into your loan.
Saving on your loan by paying more than the monthly minimum after five years:
|
Savings\extra payment |
$10 extra per month |
$20 extra per month |
$50 extra per month |
$100 extra per month |
$200 extra per month |
$500 extra per month |
|
Money saved |
$2,199 |
$4,355 |
$10,389 |
$19,447 |
$34,511 |
$64,719 |
|
Time saved |
2 months |
5 months |
1 year 1 month |
2 years 1 month |
3 years 9 month |
7 years 3 months |
You can see making extra repayments, no matter how small, can save you thousands and reduce the amount of time it takes to repay your loan.
Tips
Here are some easy to follow tips to help you save time and money on your mortgage:
1) Check and make sure its OK to make extra repayments without penalty. If there is a penalty, weigh this up against any savings;
2) Try to make extra or lump sum payments as early on in your loan term as possible – that way you’ll save more interest and be able to pay off your loan more quickly;
3) Even small extra repayments can make a big difference – look for little savings and use these to increase your monthly repayments;
4) If your lender reduces your interest rate and your monthly repayments, think about maintaining your current repayments which will help pay your loan off sooner
5) Use online tools and mortgage calculators to help manage your home loan and work out the savings in time and money you can make through making extra or lump sum payments.
* Note: Always check to make sure whether there are any costs or penalties in making lump sum or extra repayments.
.
Pete Boehm is CEO of Our Home Sweet Home – a home buyer and property investor resource where you’ll find home loans, mortgage calculators, guides and more. Follow Pete on Twitter or join the conversation at the Our Home Sweet Home Blog. You can also ask Pete a question.
$455000 – that’s thinking outside the beach box – Sydney Morning Herald
Sydney Morning Herald $455000 – that's thinking outside the beach box Sydney Morning Herald THIS weatherboard box could be Victoria's most expensive real estate . A pair of young families yesterday paid $455000 for the 22-square-metre boat shed at …
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$455000 – that’s thinking outside the beach box – Sydney Morning Herald
$1.6m price for former Cooks Hill gallery – Newcastle Herald
$1.6m price for former Cooks Hill gallery Newcastle Herald Selling agent Bill Quirk of Borelli-Quirk Newcastle Real Estate said the row of three original terraces appeared to have been built around 1877 by Mr Thomas …
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$1.6m price for former Cooks Hill gallery – Newcastle Herald
Newcastle property market strong despite likely rate rise – Newcastle Herald
Newcastle property market strong despite likely rate rise Newcastle Herald ANOTHER likely rise in interest rates was unlikely to noticeably dampen the Newcastle property market, real estate agents said yesterday. …
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Newcastle property market strong despite likely rate rise – Newcastle Herald