Our Backyard – Aireys Inlet

Welcome to Aireys Inlet

Strong sales activity continues along the Surf Coast, however the Reserve Bank is sounding the warning bell on housing speculation, commercial property and retail securitisation funds in its semi-annual financial stability report released on Wednesday.

While the Reserve Bank has generally quelled speculation that there is a housing bubble, it has used the report to reiterate the risks of “speculation” to both housing investors and lenders.

The bank said that stronger activity in the housing market particularly by investors can be a signal of “speculative demand which can exacerbate property price cycles and encourage unrealistic expectations of future housing growth among property purchasers”.

“While rising housing prices and greater household borrowing are expected results from the monetary easing that has taken place and are helping to support residential building activity, they also have the ability to encourage speculative housing activity,” the bank said.

“It is important for investors and owner-occupiers to understand that a cyclical upswing in housing prices when interest rates are low cannot continue indefinitely and they should therefore account for this in their purchasing decisions,” the RBA said.

OPEN FOR INSPECTION

Saturday March 29, 2014

6 Narani Way, Fairhaven 12.00 – 12.30

42 Lialeeta Road, Fairhaven 1.00 – 1.30

4 Lialeeta Road, Fairhaven 2.00 – 2.30

Sunday March 30, 2014

10 Amaroo Crescent, Aireys Inlet  11.30 – 12.00

2/5-7 Hartley Street, Aireys Inlet 2.00 – 2.30

James.jpg

James Worssam

james@greatoceanroadrealestate.com.au

0418 585 815

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