Investments

Rate Relief for Home Owners

by Richard

Happy Young FamilyWith Christmas and the festive season just around the corner, the Reserve Bank made the announcement today of a 25 basis point reduction.
Mr Morgan, Managing Director of Harcourts Bunbury said “This is good news for all, Retailers, Store owners, Families, First home buyers, Investors and more. The two speed economy has made it difficult for the RBA to make changes, but it is widely known that the balance of Australia hasn’t been seeing the benefits of the resource boom, not yet anyway.”
“This could see a rekindling…

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Mr Morgan, Managing Director of Harcourts Bunbury said “In doing our regular investigations into property trends, we noticed a dramatic jump upward in median Weekly rent.”

“According to our latest report median House rent for May 2010 compared to May 2011 jumped 10% to $330per week and Unit/Apartments for the same period jumped 20.8% to $320per week.”

“With the reduction in the volume of property being purchased but remaining increase in population to the greater Bunbury area from projects and…

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Australias growing painsYou can see from around you the increasing demands on public transport and highways.

Economist had projected Australia’s population to grow to around 35 million by 2050, but with Australia seen as a safe political and financial environment perhaps it is bringing more attention that we are ready for at the moment.

Certainly with this projected growth current infrastructure will need to increase to support it and we will need to see Australia population grow to that sweet spot where there is enough tax paying population to afford…

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Harcourts Blue bookThe Australian real estate industry has become incredibly competitive in terms of marketing products, with the industry’s largest players constantly developing new and inventive ways for their clients’ property’s to be seen.

International real estate group, Harcourts have their own exclusive marketing product, the BlueBook, which is currently setting them apart from their competitors.

The BlueBook is an exclusive state-based, monthly publication which contains an extensive list of homes location within each of its regions.

As well as the print publication, Harcourts also produces the eBlueBook, which is…

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Stability Returns

by Jean

Stability returning to real estateStability returning to Real Estate market with rates on hold again.

With the statement from Glenn Stevens from the Reserve Bank of Australia stating that the Board decided to leave the cash rate unchanged at 4.75 per cent.

This spelt good news for property owners, property investors, and first home buyers.

Mr Morgan, managing director of Harcourts Bunbury said “With interest rates on hold again, stability is starting to be seen over the real estate market. The pressure now seems to be on the…

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