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Upward Pressure on
House Prices
The recent release of the
National Housing Supply
Council State of Supply
Report' has confirmed that
Australia is likely to face
an ongoing undersupply
of housing. The report
projects a shortfall between
demand and supply of
23,000 dwellings in 2010
which is likely to increase
by a similar amount each
year until 2016. Of course,
the greater the gap
between supply and
demand, the more
upwards pressure there
is on housing prices. |
Average aussie saves
$900 per month
11th January 2009.
The average Australian
will be $900 per month
better off in 2009 because
of the drop in petrol prices
and interest rates.
Economist Scott Haslem
says that a person on
average earnings with a
$250,000 mortgage will
be spending almost $200
per week less on mortgage
interest, compared with
October 2008, while fuel
savings could be as much
as $40 per week. |
Last CallFor FHOG
Given the time taken to
get finance pre-approval,
search, negotiate and
secure a property,
NOW is the time to act
for all first home owners.
We can help First Home
Owners better understand
their options, including:-
finance pre-approval-
FHOG eligibility- steps
to buying property the
right way!! - good suburbs
to buy - issues when
buying- traps to avoid,
etc.If you know of anyone
who is thinking about
buying their first home,
give them our number
+61 8 8223 1091 and
we'll happily meet to
discuss the best option!
Right Property at
the right price! |
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First home buyers must act now!
If you are a first home buyer and want to purchase while the
boost to the First Home Owners' Grant is still in effect, now is
definitely the time to secure a home loan pre-approval and
get out into the market to find your property. Property stocks are tightening up in many areas, particularly
in the low to middle price range, as many first home buyers
look to take advantage of the low interest rate and high grant
amount environment.
To secure the full $14,000 for the purchase of existing homes,
or $21,000 for the purchase of newly-constructed homes
(plus any state-specific assistance), you will need to have
signed a contract of sale by no later than September 30,
according to the recent budget announcements. Further
conditions surrounding settlement of your property, and
timeframes for completion if you choose to build your first
home, are also applicable..
The more generous scheme phased down December 31
Between October 1 and December 31, the boost will be halved,
meaning first home buyers will receive a total of $10,500 for
established homes and $14,000 for new homes.
As competition is fierce, pressure is on, and quality properties
are few and far between, securing that perfect property can be
a lengthy and often incredibly frustrating job. Using a buyers a
gent should be seriously considered by first home buyers
seriously looking to successfully enter the property market.
Call us today on (08) 8463 1997 for a no obligation chat about
how we may be able to assist you.
Contact the Direct Negotiations team.
visit www.directnegotiations.com.au
Race on for investment properties
Property Buyers . . . on your mark, get set, GO!
The race is on for residential investment properties before the
competition gets too hot, according to two national forecasters.
Record low interest rates and record high rents mean for many
investors their new rental properties will be profitable from day
one - without relying on negative gearing... Read more here
Call +61 (0) 8 8463 1997 or email enquiries@directnegotiations.com.au
to speak with one of our friendly team of investment property experts.
BHP Billiton Olympic Dam expansion
- Shot in the arm for South Australia
BHP Billiton is seeking the approval of the Australian, South Australian
and Northern Territory governments for a significant expansion of its
existing mining and processing operation at Olympic Dam in northern
South Australia .
Located 560 kilometres north of Adelaide , South Australia , Olympic
Dam is a multi-mineral ore body. It is the world's fourth largest
remaining copper and gold deposit and the largest known uranium
deposit. It also contains significant quantities of silver.
The proposed expansion would be a progressive development,
requiring construction activity over a period of 11 years. The project
schedule ultimately will depend on the timing and nature of
government approvals and the final investment decision of the
BHP Billiton Board... Read more here
Residential Property Market in Black
as Property Values Bounce Back
The release today of the RP Data-Rismark Hedonic Property Value
Index heralds some exciting news for the Australian residential
market. According to the latest monthly indices, property values are
experiencing a recovery from the modest 3 per cent falls seen in
2008. The findings confirmed that over the first two months of 2009,
national dwelling values increased by 1.1 per cent with most of the
capital gains coming in February... Read more here
'A once in a generation opportunity
to develop a sustainable green village
right on Adelaide City's doorstep'
On April 7 Minister Pat Conlon announced the appointment of
Hassell & Parsons Brinckerhoff (PB) as consultants for the
master-plan of the former Clipsal site at Bowden, declaring
the project a once in a generation opportunity to develop a
sustainable green village right on the City's doorstep...
Read more here
At Last! 'Super' Property Gearing
An unfortunate consequence which has occurred as a result of the
stock market crash is that many hard working people who need
superannuation associate the term superannuation with shares
and the stock market and huge risks and losses together with
commissions and ongoing ‘trails’ to financial planners.
Many of these persons also think that by putting their hard earned
cash into superannuation that it has to go into the stock market
linked investments and that they immediately lose control and at
the same time will be subject to fixed and ongoing fees from
financial planners.
Nothing is further from the truth! A superannuation fund in most
cases is the best ‘investment vehicle’ people can use to
accumulate a secure retirement income.
This is why... Read more here
Property price growth in Adelaide
will continue to be strong.
Adelaide is a well-designed city with attractions such as beaches
and foothills in close proximity to the city. Many factors suggest
that the Adelaide residential real estate market will remain vibrant
well into the future, including significant infrastructure development,
strategic policies to grow the state’s population, changing
demographics and low vacancy rates... Read more here
Contact direct negotiations on +61 (0) 8 8463 1997 to book a
complimentary half hour session on all you need to know.
Find out more about Adelaide property investment
vist the adelaide property investment blog |
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Disclaimer
The information contained in this direct negotiations newsletter
is of a general nature only, does not take into account your
particular objectives, financial situation or needs.
Accordingly the information should not be used, relied
upon or treated as a substitute for specific financial
advice. Whilst all care has been taken in the
preparation of this material, no warranty is given in
respect of the information provided and accordingly
neither Direct Negotiations nor its employees or
agents shall be liable on any ground whatsoever with
respect to decisions or actions taken as a result of you
acting upon such information.
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