State of Play

With interest rates at an all time low and major financial institutions following the lead of the Reserve Bank, now is a great time to borrow and purchase property.  All we need is more homes to sell!

Our local market has seen a trickle of properties coming onto the market with 175 currently listed for sale in 4017 (sourced www.realestate.com.au), a decline from March 2014 when we saw 401 and March 2013 with 477.  Every suburb has seen a similar decline but we all know that with every down market, there’s usually an buoyant   return.  We are seeing growth spurts and our local area is showing signs of improving.  Lets just hope it’s worth the wait!   

It’s interesting to see how some folk dive in head first without caution while others sit back and wait.  Confidence has a lot to do with this, as does finances and circumstances outside our control like elections and the weather.  We adapt to the changes presented to us and its no different with the property market. 

As with every industry, real estate is governed by legislation and strict guidelines.  There are specific rules covering the advice an agent can give.  Sellers need to be mindful of the information they receive from an agent and ensure that it is backed up by current and valid facts.  If it sounds too good to be true or you are in doubt, don’t just take it as truth, seek further information.  

Buyers can also be well prepared and armed with all kinds of information but forget the simplest of things.  Do your research but make sure you also make use of free services such as Brisbane City Council, which is a fantastic resource.  If in doubt call them and talk to a Town Planner.  We all have a role to play—seller, buyer and agent, and we’re all accountable for our words and actions.  Rather than jumping in head first, sitting back and taking a breath is the best place to be.

We’re excited to announce we’ll be moving into new premises soon—just a hop, skip and jump over the road to 10  Second Avenue.   Some renovations are required before we take up residence and this quaint cottage will be transformed into what we believe will be a showcase for Sandgate! But for now it’s business as usual— and if you need us, we’re still available to help you.  Just call!