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.
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 […]
In our Yeramba posts we look for insight to help in the quest for the perfect home, the best location for land, or tips to navigate the journey to purchase in the lovely Central Coast, Lake Macquarie or the Hunter regions. But today I found a great story from Michael Yardney, so worth sharing as […]
You can really only purchase what is available for sale! One of the major reasons why transaction volumes remain so low in our area is because there is very little actually available for sale. What becomes quite clear from the data is that when values are declining, sales volumes typically fall and increasing values typically […]
Do you want to have greater input into the design of your home? Then building a new home – one that will suit the needs of you and your family – is the way to go! However, before you start drafting up plans, you’ll need some dirt to put it on. It’s time to buy […]
First home buyers are continuing to stake their claim on markets across the country with many usurping their competition by being better prepared to purchase. The latest Australian Bureau of Statistics figures show that about 18 per cent of all housing finance commitments is to first homebuyers. Lending landscape Lenders now require more information, including […]