SALES NEWSLETTER FEBRUARY 2010
Monday, February 01, 2010
Home Price Rises Worth The Wait
Last year was a big one for
That is the highest annual growth since February 2004. Such strong growth has been a long time coming for
While other cities enjoyed relatively buoyant market conditions,
On an annual basis,
To provide perspective, between 2004 and the end of last year
It is important to remember
Broadly, despite recording the largest falls in values during 2008, the prestige sector showed the strongest rate of growth last year, with values in the top 20 per cent of the market up by just over 16 per cent.
That can be compared with values in the most affordable 20 per cent of the market, which were up by a much lower 9.7 %
Regionally, the markets that have shown the most improved values have been in the eastern suburbs, where prices increased almost 25 per cent over the year to November.
Interestingly, the eastern suburbs were one of the worst-hit regions during the global financial crisis, with falls in value of 14.9 %
Market activity was most concentrated in the
The unit market was mostly focused around inner
The nuances in the market vary from region to region and even from suburb to suburb and street to street.
That is why...
It is so important to do your market research before buying, ensuring that you have thoroughly investigated local market conditions and intimately understand the dynamics of the sector you are buying or selling within.
Tim Lawless is the national research director for rpdata.com.
Publication: Sydney Morning Herald
DO YOU KNOW YOUR WATER WISE RULES?
In the summer heat, remember common sense Water Wise Rules apply:
- You can use hand held hoses, sprinklers and watering systems any day, but only before 10am and after 4pm
- All hand held hoses must have a trigger nozzle
- You can wash vehicles with a hose
- You can only hose hard surfaces, such as paths, for health and safety reasons, construction activities, or in an emergency
Sydney Water also has many offers and rebates to help you be water wise.
To know more about these great offers or Water Wise Rules, visit sydneywater.com.au
What’s on in February…
Valentines Day
14th Feb 2010
Valentine’s Day can be a very special day to many. If you have a special loved one or secretly admire someone, take the time to make a calendar note to send them a note or small gift.
19/02/10—21/02/10
Each year the Blacktown City Show is bigger and better, with new & exciting carnival rides as well as entertainment sure to entertain both young & old. Call 9621 4626 or visit www.blacktownshow.com.au
World Cancer Day
4th Feb 2010
The World Health Organisation estimates that 84 million people will die of cancer between 2005 and 2015 without intervention. World Cancer Day helps to raise awareness of cancer and to encourage its prevention, detection and treatment. www.worldcancercampaign.org
- Elaine Cabban