Well things may finally be looking up for those who have held onto their real estate investments, and home owners may be For more – View the full Whiteboard – April 2013 seeing the light in regards to a rise in their asset values. After a sustained period of little or no growth in prices or the number of properties selling, we can report that locally, the market might have turned a corner. The average sale price of a block in the area increased from $184,000 in 2011 to $191,000 in 2012, a rise of 3.8%. The average sale price of a home in the area increased from $396,000 in 2011 to………. Click here to continue reading.
If you follow Lake Macquarie real estate, you know Trinity Point is always one of the biggest talking points in our region. Ever since the vision for Morisset Park was first unveiled, local homeowners have watched this site transform into a world-class destination. Between the award-winning marina and the massive ongoing popularity of 8 at … […]
Nerida Conisbee, Chief Economist, Ray White Group The Federal Budget has confirmed a major shift in housing tax policy, with negative gearing to be limited to new builds and CGT changes designed to reduce the tax advantage of investing in property. The intent is clear: reduce investor competition for existing homes and redirect capital into … […]