The Weekly

LIGHT AT THE END OF THE TUNNEL…

The housing rally is by no means just an Australian issue. Globally, the mixed outlook on inflation data is the only thing holding back rising interest rates as post-Covid recovery kicks off. Starting over the Tasman with New Zealand, central banks everywhere are either tightening, or talking about tightening, monetary policy.While it’s still very much…

TOP RESULTS FOR BARRENJOEY HIGH!

The classic surf break at North Avalon is not the only attraction to this little pocket of the Peninsula. Students at Barrenjoey High School have been steadily achieving higher results, year-on-year, and the school is now considered one of the most successful in the area. The catchment area that surrounds it has also been achieving…

SHAKE , RATTLE & ROLL!

A ‘tremor’ rumbled the East Coast earlier in the week…the usual indicator of anything seismic happening around here – is rock falls on the headlands. Thankfully, it doesn’t seem to have registered…Without wanting to jinx it, it does look as if there is some light at the end of this lockdown tunnel. Although there are…

A PLACE TO CALL HOME..!

Pre-Covid, there were an estimated million or so Australians living overseas. That would have covered an array of lives, and incomes, from highly paid executives to budget travellers, as well as partners and children. It’s estimated that up to March this year, about 500,000 had returned home to Australia, with many looking for homes. Of…

…ALL FIXED UP!

If you have missed out on yet another purchase recently, you might almost be feeling like things are conspiring – to keep you out of the market. Many potential buyers seem to be expressing this concern to us. As prices remain surprisingly firm, driven by demand, a pandemic driven lifestyle surge, easy credit and low…

HOW TO DO IT…DURING COVID!

We flagged the relative value in apartments over the past months, which was based upon the fact that house prices were sprinting ahead, and yet apartments – a pretty limited commodity, particularly North of Newport, were lagging.Obviously further South (Manly to Mona Vale) where there are many more apartments…whilst there were concerns (last year) about…

Books, Bakers & Baristas..!

Well, another week in lockdown…thank goodness for books, bakeries and baristas…what would we do without them?The RBA is expressing slight concern that the current ‘hot’ market might get out of hand completely, especially if lending criteria loosens.As keen buyers stretch themselves to get into the market, the increase in ‘interest only’ loans – which basically…

CAN YOU BELIEVE IT, WE’RE HERE AGAIN!

Last years rampant market and COVID lockdown saw us ‘Sold Out’ of everything we listed…and here we are again!Despite the market run to date, it seems that buyers are still out there; certainly, we’ve been achieving great prices on a range of properties; from waterfront to hilltop, from fully deluxe to ‘renovators delight’ and everything…

MARKET FIRES-UP IN LOCKDOWN!

An article this week features a report from Fitch (the international credit rating agency)…they’ve just upgraded their forecast on our market to, wait for it: among the world’s highest!Last December, its forecast for 2021 was 3-5%. Now it’s 14-16%. This might sound like good news for home owners, but it’s not easy for buyers. Our…