I've moved to nedlandspropertynews.com.au

Thanks for visiting my blog, but since the start of 2011 I've moved my articles to a new website.

For the latest Nedlands property news, statistics and community reviews, head over to my new blog at nedlandspropertynews.com.au.

Nedlands Update

Hi Property Lovers

I can't believe its nearly Christmas ! How this year has flown by!

What's happening in the Nedlands area?

There are currently 85 properties actively on the market for sale in the area, for this time of year that is a substantial amount. Because of the amount on offer, seller's must be competitive with their asking price. In the last 3 weeks 21 properties have reduced their asking price (some significantly) to attract the GENUINE buyers.

The buyers are being extremely cautious...and will only part with the cash-if they are confident the property represents value and ticks the boxes!

In a market with so much competition between seller's price is the biggest factor. But what sellers must also remember if they are selling & buying in the same market they must remember that even though you may have had to reduce your price, your not going to be purchasing at a premium level.

If you are selling, may I recommend you consider the following?
Selling your family home can be a very emotional time, as this place holds many memories to you, but during this period you must try and put the emotional aspect to the side.
Have a look at your competition, visit their home opens and ask your self, is your home better, is it not as good, how does their price reflect on yours?
Look at past sales history and compare those properties to yours
Selling in this market can be difficult, but properties are being sold- As I have just SOLD FOUR!

Thinking of buying or selling in Nedlands? Call me anytime.

Nedlands Stirling Hwy Redevelopment

Hi Property Lovers

I thought I'd give you some information on the redevelopment of Stirling Hwy. As you may be aware the council is looking to change zoning to allow commercial and residential along the City of Nedlands strip of the hwy to develop & expand. Ive posted a link below for your reference to get a better insight in to the council wants to achieve with the redevelopment.

http://www.nedlands.wa.gov.au/_Documents/CI%20-%20Major%20Proposals%20and%20Projects/Stirling%20Highway%20Redevelopment%20-%20Final%20Draft%20Provisions%20-%20October%202009.pdf

Should you want any further information please feel free to contact me anytime on 0411 645 174.

Thinking of buying or selling in Nedlands? Call me anytime.

UNDER OFFER in 14 Days!!!

Hi Property Lovers

UNDER OFFER

In The Last 2 weeks

Thinking of buying or selling in Nedlands? Call me anytime.

For Sale 3/15 Anstey Street, Claremont

Hi Property Lovers

Its with great pleasure to introduce to the market the PERFECT downsizer. Perfectly positioned on the Peppermint Grove border, with the restaurants and shopping of Cottesloe and Claremont on your door step , this single level contemporary home features naturally lit sunfilled open plan interiors, brilliant alfresco entertaining and private landscaped (low maintenance) gardens.

Accommodation:Three bedrooms(two of which are X-Large), study,two bathrooms,recently renovated formal areas, open plan casual living and a large kitchen with breakfast bar, alfresco area, landscaped gardens & double secure lock up garage.

Located only moments to the river, Claremont shopping district and Cottesloe beach this home offers the perfect opportunity for a relaxed lifestyle un-matched.

For Sale $1,595,000

To arrange a private inspection or for further information please call Mark Anderson on 0411 645 174.

Thinking of buying or selling in Nedlands? Call me anytime.

For Sale......

Hi Property Lovers

Are your looking at making a move? Do you need a bigger family home? Or want to downsize to less space? or looking for a BLUE CHIP investment to secure your future? I have a wide selection of properties on offer.

To view all my current listings please follow the link below.

http://www.mackhall.com.au/agent.aspx?st=fs&aid=2491

If you would like any further information on any of my properties please call me on 0411 645 174.

Thinking of buying or selling in Nedlands? Call me anytime.

"Fight against interest rate rises"

Hi Property Lovers

There is so much talk out there about our banks, interest rate rises, the property market..it goes on and on! I came across this article on news.com.au that I thought offered some great information:

THE banks have called our bluff in lifting loan rates by more than the Reserve Bank's official increase.

So what are you going to do about it?

Are you going to be a wimp and just cop it on the chin, as your bank is hoping, or are you going to fight back, make a point and save some cash?

The banks assume you'll whinge for a few days, do nothing, move on with your life, pay the extra and add to their profit growth.

The banks whinge about doing it tough but then produce record profits results.

They must think we're stupid. Unfortunately, the reality is they're right. There's more chance of getting a divorce than changing banks.

Our view is that you have no right to whinge unless you're prepared to do something about it.

When is the last time you sat down and looked at all the products and policies you have with your bank and how much you pay for the privilege?

The first step is to list all those products loans, deposit accounts, insurance policies, credit cards, superannuation and other investments.

Then look at the statements for the last year and add up all the bank fees and premiums deducted from those accounts.

Add up all the interest which has been paid. Then, to be fair, add the interest and investment returns earned.

Most people are amazed at how many accounts are on the list and can automatically see which obvious redundant accounts can be culled.

CHECK ALTERNATIVES

Finding alternatives and doing your comparative financial shopping is so easy online.

Our top sites are infochoice .com.au and ratecity.com.au. Both sites have extensive comparative tables of every type of loan and deposit being offered.

They also provide research on the different products and make recommendations.
These two sites are an absolute must to visit and you'll be amazed at how many options are available.

You'll also be stunned by how much extra you're paying on your current loan.

For example, did you know there are standard variable home loans on offer for between 6.3 per cent and 6.6 per cent from established credit unions and non-bank financiers?

Don't forget to read the fine print on some of these low rate loans because they can come with quite hefty establishment and exit fees.

DEMAND A BETTER DEAL
Go to your bank, talk to a bank staff member (see them in person rather than over the phone or online) and demand a better deal.

You have the facts. You know how much you pay in fees and what products you have. You've been online and researched other options, now you have to confront your existing bank for some action.

Explain that you're prepared to shift institutions but are quite happy to stay if they sharpen their deal to match what you can get elsewhere.

Banks know it is better (and cheaper) to keep a good existing customer than go and find a new one.

Don't be shy. Be confident, be forceful but be professional.

VISIT THREE OPTIONS
It's all very well to talk and research, but doing is totally different for most people.

Contact or visit three other financial institutions to discuss your requirements and the process needed to make a change.

Explain what a good customer you'd be, you're annoyed with your existing bank and how you're ready to change. But still try for a better deal. Sure, you've been attracted by the advertised rate on offer but still ask whether they can do even better. They can only say no, so it's definitely worth a try.

BE PREPARED TO CHANGE
Crunch time. You have the facts, researched the options, discussed it with the bank and talked to the alternatives.

The bank won't budge and you're fed up.

It's time for action and that can be scary.

But it's mostly in your head. Be confident.

You've done the homework, you know the options available, so back yourself.

FOCUS ON YOUR DEBT
With interest rates likely to continue rising next year, debt management becomes your number one priority.

It's important to understand the different levels, and costs, of the debt and follow some simple steps.

Pay off the most expensive debt first.

Use savings to pay down your debt.

Talk to your bank if you're in trouble and re-negotiate the term of the loan to reduce payments.

This information was gathered from:

http://www.blogger.com/post-create.g?blogID=6935671489685862887

Thinking of buying or selling in Nedlands? Call me anytime.