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Archive for July, 2011

Aireys Inlet Real Estate Home Inspections July 23 – 24, 2011

Posted on July 22, 2011 by

Aireys Inlet Real Estate Home Inspections July 23 – 24, 2011

Aireys Inlet Open houses this weekend

Saturday 23rd July
12:00pm – 12:30pm 22 Beach Road Aireys Inlet
2:00pm – 2:30pm 9 Albert Avenue Aireys Inlet

Sunday 24th July
11:00am – 11:45am Narani Way Fairhaven
2:00pm – 2:30pm 51 Camp Road Anglesea

WESTPAC TIPS RATE CUTS

Westpac’s chief economist Bill Evans has shocked the market by forecasting a series of interest rate cuts.

Mr Evans said low consumer sentiment could force the Reserve Bank of Australia to slash the official cash rate by up to 1 per cent in 2012.

“We were all talking not long ago that rates could go up, but if the consumer remains subdued there may be interest rate reductions and if that occurs that would be a very strong stimulus for the consumer to save less and spend a little bit more,” he said.

But it seems not everyone shares Mr Evans’ view on rates. Last week ANZ’s head of Australian economics and property research Ivan Colhoun said he expects the Reserve Bank to keep the official cash rate on hold at 4.75 per cent until February 2012, when it will start raising rates again.

Aireys Inlet Real Estate Agent James Worssam

James Worssam

mobi: 0418 585 815

 

 

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Anglesea Real Estate for Sale

Posted on July 15, 2011 by

Anglesea Real Estate house for Sale

POSITION PERFECT

In the heart of Anglesea.
Metres from the school, shops and river.
Great block of 766m2 (approx).
Three bedrooms, two bathrooms.
Large rear deck area.
Fully fenced, secure, large rear yard.

51 camp road anglesea

For more details click here

James Worssam

Director
P: 5220 0200
M: 0418 585 815

 

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Surfcoast Surf serves it up July 2011

Posted on July 15, 2011 by

It’s not called the Surf Coast for nothing!

Very high tides and huge swells battered the Great Ocean Road, Victoria this week. Day after day saw large waves breaking at all the beaches and all the main breaks along the coast from Torquay, Aireys Inlet, Lorne to Warrnambool. Places that rarely have surfable waves were inhabited by surfers making the most of the rare conditions. Building sites were quiet and many RDO’s were enforced as the biggest swell in recent years was predicted days in advance of its arrival.
The advent of the internet, i-phones and sophisticated forecasting allows surfers to know days in advance of an incoming swell and to let their mates know of the best places to be at any given time.

The attached photo was taken at a break near Lorne last Saturday, July 2011.

Lorne Surf July 15 2011

 

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Rates unchanged

Posted on July 8, 2011 by

The Reserve Bank’s decision to leave the official cash rate unchanged at 4.75 per cent has been labelled as the “only sensible decision available” by the Housing Industry Association.

“There is no room for an interest rate hike which would be nothing but blight on the current Australian economic landscape,” said HIA chief economist, Dr Harley Dale.

With new housing activity subdued in recent months and home buyer confidence fragile, Mr Dale believes any rate hike in the foreseeable future will place further strain on the market.

“Household confidence appears fragile, caught as it is in a pincer movement between interest rate uncertainty and post-GFC blues on the one hand and the constant dribble about a fictitious house price bubble on the other,” he said.

“In this environment a rate hike would do considerably more damage than might have historically been expected, not in the least to the housing industry, and the Reserve Bank Board seem to understand that. They need to keep understanding that for the foreseeable future.”

Open houses this weekend
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
12:00pm – 12:30pm 22 Beach Road, Aireys Inlet
2:00pm – 2:30pm 9 Albert Avenue, Aireys Inlet

Saturday 9th July

Sunday 10th July
11:00am – 11:45am Lot 36 Narani Way, Fairhaven
11:00am – 11:45am 7 Narani Way, Fairhaven
11:00am – 11:45am Lot 29 Narani Way, Fairhaven
2:00pm – 2:30pm 10 Anderson Street, Aireys Inlet
3:00pm – 3:30pm 18 Yandanah Road, Fairhaven

See you in Our Backyard.

Real Estate Aireys Inlet

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Tips for selling your home in down market

Posted on July 4, 2011 by

Click here for: 

Tips for selling your home in down market

 

Real Estate Aireys Inlet

 

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Our Backyard

Posted on July 1, 2011 by

Stunning weather returned to the Surf Coast this week with sunny, clear, dry days almost all week. There are also clearer skies ahead for many home buyers. The 2011-12 Victorian Budget saw promised cuts to stamp duty delivered to first home buyers, eligible pensioners and farmers.

First home buyers with homes settling after July 1 this year will be eligible for a 20% cut to stamp duty. This discount however, only applies to homes valued at $600,000 or less. The 20% cut will increase to 50% by September 1, 2014.

Relief for seniors also comes from July 1, whereby the current threshold for duty relief will increase from $440,000 to $750,000. Under the new laws, eligible seniors will receive a total exemption from stamp duty for homes purchased to a value of $330,000 and a partial exemption between $330,000 and $750,000.

Young farmers will also benefit by paying no stamp duty when buying a property worth less than $300,000.

For this weekends surf, click here.

Have a great weekend and we’ll see you in Our Backyard.

Real Estate Aireys Inlet

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