Investments – Page 2

The recent news from the Planning Minister John Day, announcing that the waterfront land in the Marlston Hill area of Bunbury and on the north side of Koombana Drive between Blair Street and the Cut had been approved for redevelopment, is exciting news for Bunbury.

The $45 million redevelopment could substantially increase employment and create some unique opportunities, along with redesigning the way Bunbury looks at the moment.

The section of land on the southern side of Koombana Drive would remain public open space and free from commercial development.

Bunbury MLA John Castrilli said Landcorp would begin planning for the two areas…

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With the Reserve Bank leaving interest rates unchanged, providing much need relief for home buyers and sellers before Christmas.

The reserve bank leaving rates at 4.75 per cent was music to most people ears. This matched what expectations of economists and investors had.

The central bank opted to keep rates steady after a string of weaker economic figures in recent weeks, including data showing the economy expanded by a disappointing 0.2 per cent in the third quarter.

Mr Morgan, for Harcourts Bunbury stated “The current real estate market has soften since the previous rate increase, which was unexpected…

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South West Region set for growth

by Richard

With the opening of the new Perth Bunbury Highway in the next few months, well ahead of it’s December target  it is set to influence Home Pricing in the greater Bunbury Region and the South West.

Mr Morgan from Harcourt’s Bunbury said “The opening of this new highway is set to shave at least 30 minutes off the normal trip from Perth.”

“This will lead to opening new markets in and around the greater Bunbury area and South West.”

The project is also set to boost economic development in the South West, as commercial traffic won’t be constrained by the lack…

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Categories Investments, Local News

Spring is always a busy time for real estate and this year it could be influenced by the opening of the new Perth Bunbury Highway in the next few months, well ahead of it’s December target.

Mr Morgan from Harcourt’s Bunbury said “The opening of this new highway is set to shave at least 30 minutes off the normal trip to Perth.”

“This will lead to opening new markets in and around the greater Bunbury area.”

Looking at the studies, they show that projects such as these can affect such things as, Increases in population, day trip activity, increases in residential sales,…

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Surge in Rental enquiry

by Richard

According to Richard Morgan of Harcourt’s Bunbury, there has been a dramatic increase in properties being rented over the past month.

Mr  Morgan said “We actively promote our rental accommodation to corporate clients along with the 14 websites, but we had noticed a slow down in the number of properties renting until last month.”

“Last month we noticed a dramatic increase in the number of enquiries and properties renting.”

Mr Morgan went on to say, “All I can put this quick change down to is the increased employment demand and opportunities happening around the greater Bunbury area.”

Mr Morgan went on to say…

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