The Weekly

The only pub in the village…

Well, “The Weekly” this week goes from the macro to the micro – stick with us… Rates up again…shouldn’t really surprise anyone. Australia’s unemployment rate fell to a nearly 50-year low in June, leading to expectations of a bigger-than-usual rate rise in August. And maybe in September, October, and November too. Inflation in Australia is…

The Elephant In The Room…

Avalon attracted attention this week, for all the wrong reasons. On Tuesday’s weather report, with the second highest rainfall at 17mm. And coldest Sydney day so far this year. 11 degrees at Terrey Hills. Brrr… Climate extremes seem to be the new norm; so make sure that your home is ‘proofed’ as much as you…

Rain Rain Stay Away!

Unfortunately, Covid just won’t go. Given the apparent increased virulence of the latest strain, Government suggests we all take care, and we notice that more and more people around the villages are resuming mask wearing in public areas. Well done. Let’s see this through together… Local stuff. If you’re looking to brighten up the walls…

Snug as a bug..?

The RBA Governor, Philip Lowe, gave a pretty clear interview on ABC-TV’s 7.30 Report during the week where he spelled out the case for higher interest rates by the end of this year. Whilst this might be good news for some, for others – particularly younger home owners with significant mortgages – it may well…

Housing affordability…too little too late?

Interesting that policies aimed at addressing housing affordability are being released in the major parties final push. Too little, too late perhaps? We’re not the only ones looking at housing affordability. In the UK, the Queen’s Speech (basically, the Government’s agenda) included a proposition by which local authorities require commercial landlords to hold rental auctions…

Taking Stock..!

So…Interest rates. The elephant in the room for recent months. Despite this week’s interest rate rise – 0.25% increase off the all-time low of 0.10% in November 2020, this is the first increase in well over a decade.It feels like a shock for buyers who’ve never seen this before, but rates are still very low…

Song and Dance in Avalon…

Fabulous turnout at the Avalon ANZAC Day services. And the fine drizzle finally ceased as ‘Hallelujah’ was sung, a moving moment. Well done Avalon!One consequence of the strength of the property market over the past 2 years, and of the reopening of borders, with more people turning up from overseas, and expats returning (the increasingly…

Lest We Forget…

Wasn’t the Easter Sunny break fab! Such a relief after all the relentless rain.But let’s go straight to property! We all know that the press do like a story…and for 2 years, that story has largely been the unrelenting rally in prices. That tone changed a couple of months ago in December, when the market…