Friday, June 25, 2010
COMING UP SOON!!!
Wednesday, June 23, 2010
For Sale: 8 Napier Street, Nedlands
Tuesday, June 22, 2010
"Property gains popularity as preferred place to park money"
The Index of Consumer Sentiment reveals that property investment now runs a close second (21.7 per cent of respondents) to bank account deposits (29.2 per cent of respondents) for consumers, a shift from three months ago when paying down debt was more desirable to consumers than bricks and mortar.
Banks are currently the number one preferred place to park money, possibly due to the attractive term deposit rates on offer, said CommSec economist Savanth Sebastian.
He said the popularity gain of property investment is most likely due to the strength in property prices, falling unemployment and a growing population.
According to the Australian Bureau of Statistics (ABS) housing finance figures for April, property investor numbers continue to gain momentum while owner-occupier numbers retreat a little further.
"The rate hikes have resulted in the demand for housing sliding (though from a very high base) however it would seem the stock of housing or new listings seem to be falling at a faster pace, a result that would justify the strength in house prices," said Sebastian.
"However there are early signs that property prices are consolidating, and CommSec expects this trend to gain traction, with the lift in housing supply coming through the pipeline over coming months," he said.
As the ABS new home loan owner-occupier figures for April revealed a 1.8 per cent slide, equal to a nine-year low, investor loans recorded a consistent upward track over the past nine months and a 26 per cent increase on its figure 12 months ago.
However, both investors and owner-occupiers are borrowing more, with ABS figures revealing an increase for the second month, with owner-occupier loan values up by 0.6 per cent and investor loan values up by 1.3 per cent.
SOLD SOLD SOLD!!!!!

For further information please call me on 0411 645 174
Thinking of buying or selling in Nedlands? Call me anytime.
Tuesday, June 15, 2010
COMING THIS WEEK
Monday, June 14, 2010
UNDER OFFER

3/52 Dalkieth Road, Nedlands
For further information please call.
Thinking of buying or selling in Nedlands? Call me anytime.
Tuesday, June 8, 2010
For Sale 28 Fern Street, Swanbourne

Internal features include: huge kitchen with a stylish mix of stone and stainless steel, top end appliances. Consistently high ceilings throughout, oversized windows and doors with a combination of commercial grade aluminum and timber joinery, stone and timber floors plus quality carpeted coverings in all bedrooms and living areas. Outside has been designed to allow the natural flow between inside & out...when entertaining, finished off with a stunning 12 meter solar heated pool... If you have been searching for a home to accommodate your family as well as your taste buds...in an "AAA" location


For Sale $3,495,000
To arrange a private inspection or for further information please contact me on 0411 645 174 anytime.
Thinking of buying or selling in Nedlands? Call me anytime.
Thursday, June 3, 2010
Long Weekend Home Opens....
Wednesday, June 2, 2010
UNDER OFFER0-NO HOME OPENS

NO HOME OPENS
Want Your Home Sold Without The Hassle of Home Opens?
CALL ME TODAY
Thinking of buying or selling in Nedlands? Call me anytime
"Official cash rate remains unmoved"
The RBA said the decision not to budge the official cash rate was also to relieve homeowners in the likelihood of inflation reaching upper levels over the next 12 months.
It's a good time for investors to reassess their situation for the next six months when a rate rise does happen, said Mortgage and Finance Association of Australia chief executive officer Phil Naylor.
"Increasing mortgage repayments coupled with rising fuel and food costs means balancing the household budget can be very challenging," said Naylor. "Homeowners should evaluate opportunities to save money within the parameters of their home loan contracts."
Naylor emphasised the importance of flexibility, and to compare home loans and not only rates.
Mortgage Choice senior corporate affairs manager Kristy Sheppard said that regardless of the RBA decision, the official interest rate has little impact on mortgage rates these days anyway.
"The focus should be on whether lending institutions move rates outside the RBA cycle, as they have indicated is a possibility due to the continued volatility in their cost of the funds," she said.
"Borrowers of all types are most probably happy with the June cash rate decision, which is terrific, but our advice is to watch your lender to check your debt repayments are not increased regardless."









