Archive for the 'Local Real Estate' Category

SAFETY SOLUTION SPELLS DOOM FOR SHOPPING STRIP.

Monday, September 6th, 2010

A $40 million housing & retail development at Waitara is in jeopardy because of a median strip. Hornsby Council has received Federal Government funding for a 37 metre median strip on Edgeworth David Avenue at the intersection of Balmoral Street, in an effort to reduce accidents. Edgeworth David Avenue shop keepers fear the road island [...]

SWIMMING POOL SAFETY-NEW LAWS SEPTEMBER 1ST.

Saturday, July 24th, 2010

The spotlight is on agent responsibilities in regards to swimming pool safety. But what is the impact on those looking to buy or sell a property with a pool? Statistics show that private pools account for half the drownings of children under five. There has been recent controversy regarding the split of responsibility between agents [...]

NEW RULES ON HOME LOAN EXIT FEES, BENEFIT LENDERS

Saturday, July 17th, 2010

July 1st brought new rules in regard to exit fees on home loans allowing borrowers to challenge early exit fees they feel are unfair or unconscionable. The Australian Securities and Investment Commission would be given supervisory powers over exit fees. The change will only apply to mortgages taken out after July 1st this year. Existing [...]

KANGAROO COURT SITS

Friday, July 16th, 2010

Debate over free carpark plan at pristine point. Hornsby CouncilĀ and residents areĀ divided regarding the proposed construction of a marina at Kangaroo Point. The proposal is for the berthing of 25 river residents with potential for up to 95. However, the Residents group feels this is the last chance to create a public recreational area on [...]

HOW WELL IS YOUR PROPERTY BEING MANAGED.

Wednesday, July 14th, 2010

Many investors in the real Estate market are Mum and Dad Investors who only ever buy the one investment property. They are not sure on how to select an agent to manage their Investmet so they usually give it to the agent who sold it to them to manage. In most cases this will work [...]

BUYING AN INVESTMENT PROPERTY

Wednesday, July 14th, 2010

Let your head and not your heart rule when you have decided to purchase an investment peoperty. Investors are moving back into the Real estate market now so it is timly to remind you that in most cases you will not live in this property. Look for location as always but also look for a [...]

REAL ESTATE MARKET GOES QUIET.

Tuesday, July 13th, 2010

The Real Estate Market has been quiet for the last couple of months in the Hornsby to Berowra area according to Barry Palmer from Barry Palmer .com.au real estate. The time of the year coupled with the announcement that there will be an election always sends the market south he said. No one can explain [...]

Welcome – Francesca Parrino

Monday, January 18th, 2010

Barry Palmer would like to introduce Francesca Parrino who has recently joined our sales team. Francesca looks forward to this challenging experience and says;- Living in the Hornsby Shire since my arrival in Australia 39 years ago has given me a real connection with the local community and an appreciation of this beautiful part of [...]

Rate rise still likely, say economists

Monday, January 18th, 2010

First home buyers shied away from the housing market in November as government grants waned and rising mortgage rates took their toll. And home buyers will have another rate rise to budget for following the central bank’s board meeting on February 2, economists say. New loans taken out by owner occupiers fell 5.6 per cent [...]

Double digit growth for housing in 2009

Tuesday, January 5th, 2010

Australian home values have delivered double digit growth in 2009, according to figures from RP Data. House prices rose by 1.1 per cent in November 2009, for a cumulative growth of 11.3 per cent in the first 11 months of last year. Extraordinary house prices in Sydney and Melbourne led to the unprecedented recovery. Over [...]