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The RBA has cut the official cash rate for the second consecutive month, bringing it to a historic low of 1%. So what could this mean for borrowers? Head of Elders Home Loans, John Rolfe, comments: “Whilst the rate cut is great news, it’s getting tough for the banks to pass the full rate cut…
Read moreThe historic Kadlunga aggregation has been sold off-market to George and Sophie Millington, resulting in a contiguous holding of almost 1,000 hectares of blue ribbon cropping country being offered to the market. The aggregation is located near Mintaro in the Clare Valley and spans some 3,923 hectares of what many people consider to be some…
Read moreThe Reserve Bank Australia has made its first changes to the official cash rate since August 2016, falling to a record low of 1.25% on Tuesday 4 June 2019. For those who follow rate changes, this comes as no surprise: the cut was first mooted in early May, but the decision was pushed back so…
Read moreWith the Federal Budget delivered on 2 April, and the election to follow in May, both major parties are hard at work outlining their policy proposals for the electorate. As always, there are some similarities – both parties are touting tax cuts, for example – and some differences. Against the background of a cooling housing…
Read moreA rare investment scale sugar and beef production opportunity. A substantial sugar cane and beef production asset with a sizeable water rights portfolio will soon be offered to the market by Expression of Interest closing late April 2019. The 100 year old Faust Family farming enterprise has resolved to offer their 3,134.14 hectare aggregation to…
Read moreAs we turn the corner into 2019, property investors, sellers and buyers will be wondering what the year has in store. With softening market conditions in the eastern capitals dominating the news in 2018, will downward trends continue? Will interest rates continue at record lows? Will the regional centres stay on the path of steady…
Read moreViva Olives based at Loxton in the Riverland has been sold to an olive producer and long-time supplier to Viva Olives in an arrangement set to rejuvenate and invest into the existing brand and operations. Husband and wife team, Drs. Terry Mau & Luba Malecky have completed settlement on the purchase of the land, property,…
Read moreThe annual Women in Real Estate (WIRE) Conference was held on 14 November at the Sydney Masonic Centre. As always, it featured a brilliant line up of guest speakers, including ABC journalist Lee Sailes, and Spotify Managing Director Jane Huxley. The theme of this year’s conference was the future of real estate. Among the speakers…
Read moreElders Real Estate has added another new franchise to its team. The new office opened in Double Bay and the atmosphere is already buzzing! Paul Troyanovsky, the Principal of Elders Double Bay, is sparing no effort to make sure people walk through the door. “Everything’s brand new”, he says of the office itself. “It’s gorgeous.…
Read moreElders Bangalow merges with Elders Lennox Head and welcomes some familiar faces, reflecting changes in the local property market Elders Lennox Head has acquired a second office through the purchase of Elders Bangalow. It is a move its owners believe will help them better service Ballina and Byron Shire locals, who are increasingly moving away…
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