Pre-Covid, there were an estimated million or so Australians living overseas. That would have covered an array of lives, and incomes, from highly paid executives to budget travellers, as well as partners and children. It’s estimated that up to March this year, about 500,000 had returned home to Australia, with many looking for homes. Of…
Tag: the weekly newsletter
Very soon, it seems, our world will favour those that have been fully vaccinated. I hear certain local establishments (such as the RSL and the two Bowlos – at Avalon and Newport) are opening up soon – but only to those who are fully vaccinated along with their staff. Hopefully, this is baby steps towards…
If you have missed out on yet another purchase recently, you might almost be feeling like things are conspiring – to keep you out of the market. Many potential buyers seem to be expressing this concern to us. As prices remain surprisingly firm, driven by demand, a pandemic driven lifestyle surge, easy credit and low…
We flagged the relative value in apartments over the past months, which was based upon the fact that house prices were sprinting ahead, and yet apartments – a pretty limited commodity, particularly North of Newport, were lagging.Obviously further South (Manly to Mona Vale) where there are many more apartments…whilst there were concerns (last year) about…
Well, another week in lockdown…thank goodness for books, bakeries and baristas…what would we do without them?The RBA is expressing slight concern that the current ‘hot’ market might get out of hand completely, especially if lending criteria loosens.As keen buyers stretch themselves to get into the market, the increase in ‘interest only’ loans – which basically…
Last years rampant market and COVID lockdown saw us ‘Sold Out’ of everything we listed…and here we are again!Despite the market run to date, it seems that buyers are still out there; certainly, we’ve been achieving great prices on a range of properties; from waterfront to hilltop, from fully deluxe to ‘renovators delight’ and everything…
An article this week features a report from Fitch (the international credit rating agency)…they’ve just upgraded their forecast on our market to, wait for it: among the world’s highest!Last December, its forecast for 2021 was 3-5%. Now it’s 14-16%. This might sound like good news for home owners, but it’s not easy for buyers. Our…
Thank goodness for Ash, our shining light this last week…even in lock-down, we’ve had an excuse for a (Barty) party! With the lock-down we’re back to ONLINE AUCTIONS. Last Friday afternoon we had an action packed auction with quite a crowd (online) bidding competitively on a great little beach cottage in Newport’s Golden Triangle.…
Congratulations to all the businesses in our area who have done ‘the right thing’ and shut up shop for lockdown. For many this is at great personal cost. So, to all of those businesses that are local and locked down to keep us all safe, thank you, we’re grateful. And to the community generally, it’s…