News

July 11, 2019

Interest rates set to fall despite house prices going up

The Reserve Bank of Australia is poised to continue with interest rate cuts despite a turnaround in the pivotal Sydney and Melbourne property markets where dwelling values have increased for the first time since 2017.

On Tuesday, the RBA board meets in Darwin for the first time since June 1968, with markets expecting it to follow-up its June rate cut with another quarter percentage point reduction in the official cash rate. Such a move would take interest rates to a new...

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June 27, 2019

House prices across Australia to stabilise by year’s end: Domain report

Australian capital cities are expected to see property prices stabilise by the end of the year, with modest price growth predicted in 2020, new analysis shows.

Following a sluggish start to 2019 – with the financial services royal commission, a slowing economy, investor caution and election uncertainty subduing price growth – recent events are pointing to a change of mood in the latter half of this year, according to the Domain Property Price Forecasts released on Wednesday.

House price forecasts

  2019 (six-month...

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June 14, 2019

Should you borrow more money just because you can?

Hopeful house hunters have ridden the regulation rollercoaster over the past few years, but buyers’ budgets are bound for a boost under a proposed change announced by the banking regulator.

The credit crunch brought on by increased scrutiny on household finances looks set to ease, with the Australian Prudential Regulatory Authority flagging its proposal to relax the interest rate that borrowers are assessed against when applying for a loan.

On top of that, many analysts...

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May 30, 2019

What the federal election result means for the property market

A shorter, shallower property price downturn could be on the cards on the back of the Coalition’s victory at the polls, experts say.

But the long-term prospects for first-home buyers are less certain, with changes to investor tax concessions off the table for the foreseeable future.

Following months of uncertainty about the impact of those tax changes, which had led to greater wariness in the cooling market, experts are becoming slightly more bullish, revising their views...

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May 02, 2019

Predictions for this month’s cash rate call

The latest round of inflation data indicates there’s grounds to cut the official cash rate, but will it go ahead? The head of a national brokerage gives their predictions.

John Kolenda, managing director of Finsure, said that according to recent economic data, which includes low inflation and housing credit, the RBA does have grounds to cut the cash rate down even further from the all-time low of 1.5 per cent on 7 May.

“While I believe it...

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April 18, 2019

Easter Closure!

Happy Easter! 🐣 We will be closed from Friday 19th April and re-open Tuesday 23rd April 2019! Have a Happy & Safe Easter Long Weekend Everyone! 🎉

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April 04, 2019

What the NSW election result means for property investors

NSW Premier Gladys Berejiklian is set to remain in power for another term, so what does that mean for property investment in NSW?

The impact of this win on investors’ portfolios however largely depends where the investments are located, as the party did not have any policies directly related to property, but many infrastructure-related policies which could impact values of neighbouring properties.

Rail

On the railway-related infrastructure, more trains and more tracks are expected to be implemented across the...

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December 17, 2018

Trading Hours Christmas Closure:

The office will be closed from Saturday 22nd December 2018. We will re-open Wednesday 2nd January 2019 at 8:30am and resume normal business hours.

 

In case of a maintenance emergency please contact:

Plumber Plumbrigade Pty Ltd: info@plumbrigade.com.au | 0400 965 119

Glenco Electrical Services Pty Ltd: service@glenco.com.au | 02 9700 9996

 Lockey.com.au: info@lockey.com.au | 0438 778 337

 

For any sales related enquiries, please contact our Sales Manager Sami Yildiz on 0422 215...

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