The Reserve Bank announced a 0,5% cut in the official cash rate – now sitting at a record low of 1%. Banks reacted promptly by announcing that they’ll follow by adjusting their mortgage rates too.
This is good news to would-be home buyers as low interest rates make it rather attractive to rather get into their own home than renting. There are some sharp rates out there – BNZ offers 3.75% for two years fixed.
The flip side of the coin is not so great for savers’ interest return on savings and deposits. The already low rates on term deposits might entice investors to diversify as the return on investment after tax deductions does not stack up well and can only worsen.
The latest adjustment is to stimulate consumer spending. Spend wisely by investing in your own home and enjoy the fruits of your labour in years to come.
Feel free to contact Linda Dobson on 022 64 50588 for a confidential real estate chat.
This is a Hot Spot for Hukanui School and Chartwell Centre. A family home within walking distance to Chartwell amenities and with quick access to Wairere Expressway is not to be sneezed at.
It has been upgraded and awaits a new family. No need to drive the kids to school – they can just walk across. Shopping made easy too – a short stroll to Chartwell tick that box.
Sun-drenched living – both in- and outdoors – on a generous, fully enclosed section with established trees so close to everything is hard to find. The lounge opens onto a patio with sun streaming in. The open plan kitchen/dining area flows effortlessly to a private deck overlooking the back garden – great for outdoor entertaining! It sports an under-counter oven with a glass cook top, Rangehood and plenty of storage. Window seating is at hand to keep Mom company while she does the cooking. The basement rumpus room is ideal for the kids to hang out and offers extra storage too.
The good-sized bedrooms all have built-in cupboards. A family bathroom and separate toilet takes care of the ablutions. A separate laundry is handy positioned.
The property is fully enclosed – great for the kids to run and pets to roam – and heaps of off-street parking. A home that is well insulated with a HRV-system to sort the ventilation – all done for your family.
The property is currently tenanted – the tenant is keen to stay on if you’re an investor looking for passive income.
Don’t delay…. Contact Linda Dobson on 022 64 50588 Today to arrange your private viewing!
Real estate does not take time out – if your property is well presented, it sure is to hit the buyers. April proved that buyers are out there …. Looking!
A bit of good news for prospective buyers are the Reserve Bank announcement that the OCR (Official Cash Rate) was adjusted to 1.5% recently. This should result in better rates on securing mortgage finance.
A good number of sales were recorded for the month – taking into account Easter and Anzac public holidays. Sales to the tune of 267 registered with the $700K to $799K (80) price band taking charge followed by the $550K to $599K (76) hot on its heels. Stock to choose from seems to be holding up well too – average days to sell down to 31 days now. The median sale price is slightly down – $569K compared to $575K for March in Hamilton City.
Linda Dobson is at your service for a confidential property chat or a FREE APPRAISAL. The ball is in your court – make the call! 022 64 50588
A time to enjoy the vibrant colours coming with change of season!
This home offers lock-up and go convenience plus facilities on site. The gym / pools / tennis court is a mere stroll away – now why would you drive if you can walk there….
This spacious unit features open plan living / dining / kitchen with great indoor / outdoor flow. It sports three bedrooms on the first level – serviced by an en-suite master bedroom and a family bathroom for the kids. There is room for a study nook or a TV area for the kids to keep everyone happy.
This well maintained complex has access control and good facilities in a sought after location. It is within walking distance to Rototuna Shopping Centre with shops / medical suites / eateries / schools and public transport.
Contact Linda Dobson on 022 64 50588 TODAY to arrange your private viewing!
January is something of the past and it’s business like usual. Sales were down on the previous month and it took on average 45 days to sell a property. However, the median sale price reached $578K – a 3% increase on December.
Sections sales went up by 113% (17) compared to December and overall listing numbers were up resulting in better choices for would-be purchasers. Should there be a real estate move on your horizon, now is the time to off load your investment property or use its equity to expand your portfolio.
I’m available for a confidential real estate chat and can furnish you with an appraisal – should that be of any help.
Feel free to contact Linda Dobson on 022 64 50588 TODAY!