The Reserve Bank of Australia have recognised the need for a rate cut, what will the Banks do?
All banks have been under pressure to lend, but when it comes to finally lending they seem to looking for any reason not to, scrutinising loans and only picking the most wanted.
Bank of Queensland are first to make the call officially reducing 0.35 passing on the majority of the reduction.
Mr Morgan for Harcourts Bunbury went on to say “This is great news for existing home owners, it will be interesting…
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Archive for Bunbury
Categories Interest Rates
Total Home Sales 10
Total Block Sales 1
Highest Sale $765,000. 3x 2 on Bonnefoi Boulevard in the marlston Waterfront
Lowest sale $251,000 3×2 unit in Carey Park
Total Sales $3,903,500
Average for the month $354,000
Industry figures for Bunbury Courtesy of REIWA
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Categories Home Sales
Real estate office, Harcourts Bunbury has recently merged with long-established local agency, Teede Realty to create a new super office.
The merge will see Harcourts Bunbury relocate to the high profile Teede building in Blair Street, Bunbury on the 19th of December.
The Teede building is currently in the process of being rebranded, and the merged group with trade as Harcourts Bunbury from the 1st of January 2012.
Four highly experienced sales…
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Categories Featured Articles
Bunbury’s Market Wrap Up For 1/4 ending Feb 1
270 Residential homes sold across the Bunbury postcode during the 1/4.
47 blocks sold, priced from $79,000.
On the other end was 67 acres for 1.9 million
Bunbury’s medium sales price for the month was around $350,000
Figures courtesy of REIWA
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Categories Real Estate
With 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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Categories Featured Articles, Finance, Home Sales, Interest Rates, Investments, Local News, Real Estate
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