Mortgage costs are going up.
Although the Reserve Bank cut the cash rate twice during 2016, lenders have been increasing their mortgage rates. And experts are predicting more out-of-cycle increases.
But haggling can pay off, as Graeme and Kim Perry, who live just outside Wollongong in NSW, have found. Continue reading How to avoid squeeze of rising mortgage rates
The Reserve Bank has decided to again cut official interest rates to a new record low of 1.5 per cent following the recent cut announced in May. Continue reading RBA cuts interest rates
The Property Shop was established in Mudgee in 1973 by its current Managing Director, Hugh Bateman.
The company is committed to maintaining its standing as Mudgee Region’s most innovative, respected and client focused real estate company. Its evolution since the humble beginnings of 1973, to the highly successful boutique agency it is today, is a reflection of its points of difference.
With the principles of integrity, honesty, trust and dedication as the cornerstones of its philosophy The Property Shop retains a prominent standing in the Mudgee community, always with an eye on the future.
Our clients respond accordingly to The Property Shop’s service, innovative marketing and approach with testimonials. We are different in the way we do things.
Since Day 1, our aim has been to build a long lasting relationship with our clients by offering the best professional advice to buyers, sellers, investors and potential rental tenants.
At The Property Shop we care about your success and future.
We are passionate about the real estate industry and work hard at being the best and actively involved in residential, rural, business and commercial sales and rentals, strata management, specialist auction clearing sales and valuations.
Our goal is to make your real estate experience enjoyable. We are always here to help so if you don’t find what you need, please do not hesitate to contact any of our team at any time.
Interest rates will remain at record lows for another month, with the Reserve Bank of Australia (RBA) choosing not to change the overnight cash rate of 2.5%.
The cash rate has remained at 2.5% since August 2013.
The decision will come as no surprise as the majority of property industry experts had already predicted the cash rate would stay on hold this month. Continue reading Interest rates remain on hold
Flowers aren’t the only things blooming in spring – so too are travelling con men aiming to take advantage of homeowners’ desire to spruce up their properties post-winter. Continue reading Spring brings out the scammers
In what many believe will be the Gillard government’s last budget, there were winners and losers, but you had to look hard to find anything that will affect the average person’s back pocket when it comes to buying and selling real estate.
Although there were no big surprises, considering it is an election year and one might have thought Treasurer Wayne Swan would throw in a few sweeteners to keep voters happy, very few sectors in the property life cycle will gain this year. Continue reading Federal Budget 2013: what’s in it for property?
The Reserve Bank has slashed interest rates by 25 basis points to a historic low of 2.75 per cent, the first reduction this year.
Its decision to slash 25 basis points is aimed at priming those areas struggling as the economy transforms away from mining, in a effort to boost economic growth in Australia, which is still below trend. Continue reading RBA cuts interest rates to record low
RP Data has released their list of cheapest suburbs to buy a property around Australia, and there are some serious bargains to be had.
The 25 most affordable suburbs are geographically diverse. They are usually a long way from the CBD or nearest capital city, and have a lower socio-economic profile. Continue reading 25 best bets for bargain hunters
It’s really hot out there this summer, and many homes and lives are at risk from fires.
Here’s some advice and resources to help you stay safe. Continue reading Bushfire prevention when the mercury climbs
Vendors who try and sell property themselves can often be worse off financially than if they used an agent, the Law Society of NSW has claimed.
The Law Society of NSW, which is providing consumers with a series of guides on the buying and selling process, said agents were best placed to help vendors navigate the sale of their most prized asset.
President of the Law Society of NSW, Justin Dowd, said it’s important that vendors understand their legal obligations when buying or selling a property. Continue reading Law Society urges vendors to use agents
