A Welcomed Reprieve

12

Dec

The Reserve Bank of Australia (RBA) in a welcomed move has cut the official cash rate (OCR) by .25 per cent to 4.25 per cent at its December board meeting.Deteriorating global economic conditions have made it appropriate for the RBA… Read More »

New Stamp Duty Clarification

22

Nov

Official Cash Rate Cut

17

Nov

The Reserve Bank of Australia (RBA), in a welcomed move, has cut the official cash rate by one quarter of a percentage point at its November board meeting to 4.50 per cent. For borrowers, this rate cut is extremely beneficial,… Read More »

First Home - New Home Scheme

27

Sep

From January 1, 2012, first home buyers in New South Wales will no longer be able to avoid paying transfer title charges on existing homes under $600,000. From 1 January 2012 First Home Plus exemptions and concessions will be replaced… Read More »

Market and interest rates

12

Aug

Aussie Market finished up 1.2% today (rallied 6% in the afternoon) and Banks cut 60bp from their fixed rate loans.    ………..GREAT TIME TO BUY!!!!................... Read More »

Next Rate Move May Be Down

18

Jul

Westpac Bank have just released its monthly Bulletin and forecast that the next rate move by the RBA will likely be down. Westpac Chief Economist Bill Evans is predicting the RBA will cut rates by 1 full percentage point during the… Read More »

Expectations For The Ensuing Winter Trading Months Are Good...

27

Apr

In a statement earlier this month, our Chairman Brian White said expectations for real estate activity in the winter months have been enhanced by stable interest rates in Australia. He believes the month of March has traditionally been a key… Read More »

Building Approvals Set To Rise

04

Apr

New South Wales is set to record its highest level of new housing activity in eight years during 2011 as first-homebuyers and upgraders return to the market, economic growth picks up and interest rates subside. Economic forecaster BIS Shrapnel forecasts… Read More »

New Tenancy Legislation

31

Jan

The most significant legislative modernisation to tenancy in over 20 years comes into effect this week with the rental landscape in New South Wales set to change for both landlords and tenants. According to Ray White, the largest property management… Read More »

Happy New Year from Ray White Lane Cove

06

Jan

Did you know the auction clearance rate for 2010 was 78%?  We look forward to another prosperous year ahead. View our listings or contact our sales executives for upcoming properties for sale. Read More »