Latest News

20/04/21

Property Market Boom!

The RBA is keeping interest rates at the historically low of 0.1%, noting that the housing market has strengthened.  Growth to owner occupiers had picked up, and strong demand from first home buyers.  Research from CoreLogic showed that home prices soared at the fastest rate in 32 years in March. The bank will continue to […]
26/03/21

Proposed Changes to make Home Ownership More Achievable

Proposed changes to Stamp Duty, may provide freedom to choose paying Stamp Duty upfront or paying a smaller annual property tax.  Removing the upfront Stamp Duty cost, removes thousands of dollars from the home purchase process making home ownership more achievable.  This proposed change is only if purchasing.  There is no change if you have […]
13/11/20

Another Cut…

See it and Believe it…….. The Reserve Bank has reduced the official interest rate to a new historic low to 0.1%.
20/10/20

Interest Rates

The Reserve Bank has left the office interest rate on hold at the historic low of 0.25%.  This now marks the seventh month in a row without a change!  This decision means that the interest rate on loans remains stable assisting households and businesses.
17/09/20

Land Value and Rates

Local Councils use The Valuer General land value to distribute rates across their local government areas.   The Valuer General does not set rate fees for councils.  Changes to land value may not necessarily lead to changes to local council rates.  Local Councils choose a combination of rate charges and fees for it’s area and community […]
11/08/20

Stamp Duty Paused!

NSW State Premier announced that as from the 1st August 2020, stamp duty tax would be temporarily paused for new homes priced under $800,000 for first home buyers.  The NSW Government expects around 6000 first home buyers to benefit from the plan designed to support the construction industry and generate new jobs through the Coronavirus […]
29/04/20

Message to Our Customers

Dear valued customers, Yeramba Estates and its associated companies is committed to the health and wellbeing of our people, clients and consultants. Just like other crises, the current COVID-19 situation will eventually pass. We are not saying that we should not all be careful nor cognisant of the risks caused by this virus. Nor are […]
04/01/20

2020 – New First Home Buyers Scheme

First Home Buyers will have an opportunity to enter the property market with a smaller deposit under a New Federal Government (new home loan deposit) Scheme which commenced 1st January 2020. Under the scheme, first home buyers with a deposit as small as 5% may be able to apply for a mortgage, which the government […]
13/09/19

Deposit gap scheme opens the door to home ownership: UDIA’s Connie Kirk

 The introduction of legislation giving effect to the Commonwealth Government’s deposit gap scheme is the first step in easing the pathway to home ownership. The scheme – promised on the eve of the federal election – helps reduce barriers to home ownership by closing deposit savings requirement and effectively reducing mortgage insurance costs. We welcome […]

Ready to move in? Give us a call! (02) 9411 5155

Ready to move in? Give us a call!

(02) 9411 5155

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