November 2013: Busy, busy!

This month we launched a new look email newsletter! We are well into Spring now and this has been reflected in a very busy couple of months here in the office. Our family of clients is growing rapidly and we realised it was definitely time for a new-look letter and a couple of competitions and offers as well. Drop me a line if you would like to receive our email newsletter.   

Interest Rates:

The RBA decided to keep the official cash rate on hold at its record low position of 2.5% for the third consecutive month yesterday. This decision had been widely predicted by economists due to recent improvements in retail sales figures, building approvals and capital city house prices.  

In his statement, Bank Governor Glenn Stevens again said that economic growth was running a little below trend and that this is “likely to persist in the near term, as the economy adjusts to lower levels of mining investment”. In fact, much of the tone of Mr Stevens’ statement was similar to previous months, however he did express more concern over the high level of the Australian dollar. The dollar fell in response to the announcement, ending yesterday’s session at 94.88 US cents, down from 95.01 US cents shortly before the RBA’s announcement.  

Read more here.      

 

Property News: Use Reports When You Are Buying or Selling a Home

It makes sense to research your local property market carefully when you buy or sell a home. Good research will help you to decide on a fair price for the home you want to buy whilst it also makes sense to check out the competition when you are thinking of selling your home.   Residex offers a free suburb report (click here) which can help you to profile an area including:

  • Facilities, services and lifestyle
  • Neighborhood statistics
  • Local property prices  

For sellers, suburb reports can help to identify their target market.

If you are currently house-hunting, I am able to offer one Residex Comparitive Market Analysis Report which normally costs over $50. This report will give you some comparatives and estimates to assist in your price considerations. These include:

  • The property’s sales history
  • Nearby comparable sales
  • Suburb demographics and growth predictions
  • Residex’s Price Estimate for the property.  

Email me at george.cremona@mortgagechoice.com.au for a report.          

 

Local History: Cape Moreton Lighthouse

Moreton Island Lighthouse is a heritage-listed, active lighthouse located on Cape Moreton, a rare rocky headland on the sand island. It was the first lighthouse in Queensland, built by ‘good conduct’ convicts from sandstone quarried on the island and was lit for the first time in 1857. It was, for a long time, the only light on the entire east coast of Australia.   Today, Cape Moreton is an excellent viewing point for marine life such as whales, dolphins, dugongs and turtles and the free Moreton Island National Park Information Centre is located nearby in one of the old lighthouse keepers’ cottages. Read more here.    

 

Outings in the Redlands

Looking for something different to do with family or friends on Sunday? Why not give barefoot bowls a go at the Wynnum Manly Leagues Bowls Club and enjoy its beautiful location on the foreshore in Wynnum. It starts from 10.00am, with bowls coaches available to give free instructions to those who are new to the game. Read more here.

 

Free Home Loan Seminars 

Please come to one of my free seminars. Every month I offer informative sessions for home buyers, first home buyers and property investors.

Upcoming seminars:

PROPERTY INVESTMENT SEMINAR, 12th November, 6.30pm

BUYING A HOME SEMINAR, 19th November, 6.30pm

FIRST HOME BUYERS SEMINAR, 26th November, 6.30pm    

See my seminars tab above for details and booking.

 

Summer Cash Competition 

It’s competition time again! Make and attend an appointment with me before 31st January 2014 for a chance to enter into the draw to win $5,000.    

 

Don’t forget that our home loan service is free of charge to you!

I can assist you with motor loans and equipment financing too.

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Twitter: @MCWynnum

Posted in: News

Contact us today.


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