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More than 80 of Elders Real Estates business leaders, corporate team and Elite salespeople came together to ‘Be Extraordinary’ on Hamilton Island for the 2019 Leadership Retreat. Hearing from a range of exceptional speakers including renowned leadership speaker Matt Church, Chris Helder, REA’s own Steve Carroll and Australian of the Year Kurt Fearnley, the attendees…
Read moreThe RBA’s decision to reduce the official cash rate has seen it fall below 1% for the first time in history. The reasons for the reduction are many but one motivation was the continued weakness in some sections of the property market. Despite two previous rate reductions this year, property stocks are still low and…
Read moreOne of Port Macquarie’s most prestigious canal addresses “74 The Anchorage”, has sold at auction for a Port Macquarie residential record price of $2.95 million. The sale follows an extensive auction campaign executed by Elders Port Macquarie sales agent, Corrine Cunningham. Set among Port Macquarie’s coveted canal locale, the five bedroom, three bathroom property appealed…
Read moreFor many people, the hardest part about buying a first home is coming up with the deposit. The general requirement is that you have 20% of the purchase price saved in addition to additional costs like stamp duty and conveyancing or solicitor’s fees. Some lenders will approve loans with a smaller deposit, but there are…
Read moreThe 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…
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