Thursday, March 29, 2012

Don't forget... Earth Hour this Saturday 8.30pm - Turn off your lights for an hour.

Good old Sydney started this, and now 135 countries and 1.8 billion people are participating.

Earth Hour is organised by the World Wildlife Fund, and is an initiative aimed at uniting individuals, businesses, and governments to reduce society's impact on our planet.

It is not just about turning off your lights for an hour, Earth Hour is about uniting together to protect the planet. Why not plan something fun, like a candlelit dinner party, or a BBQ with friends and get involved in protecting the planet.

Thursday, March 22, 2012

Spotlight On Kensington Park

Ranked best in suburb performance in Adelaide in 2011.

House prices increased by 9.9% with 22 sales to $830,000 median price.

Median house rent was $420.00, while the average age in the suburb was 38 years.

Friday, March 16, 2012

Borrowers Were On Holidays Also

Nationally home lending figures dropped in January 2012 for the first time in 10 months.

They fell 7.1% for established homes, reversing a similar rise in December 2011.

Loans for newly built homes fell by 6%

Friday, March 2, 2012

Thinking Living Costs In Adelaide Are High?

Well you're right... The Economist Intelligence Units Worldwide Cost of Living Survey ranks Adelaide as 17th in the world, after Brussels, London and Wellington.

Adelaide has risen 7 spots since the previous survey.

There are 5 Australian cities in the top 20.

The good news though...

Adelaide and Perth were jointly ranked as the 8th most liveable cities, with Melbourne topping the list, and Sydney at number 6

“The Best Investment I Will Ever Make”, Or Is Renting A Better Option?

Low interest rates, accessible loans, dual income families and no capital gains tax have made owning your own home a ‘must have’ investment in the last 20 years.

Buying a house has been part of a rite of passage, along with leaving home and having children. In the current market of economic uncetainty, and Gen Y’s focus on lifestyle and travel, only 1 in 40 Gen Y’s surveyed expected to own their own home outright when they retired.

For me, it is a goal to which we should all aspire.

Ipac Investment Services recently released figures comparing buying or renting over a 15 year period. They used the following figures. The buyer had a house priced at $530,000 (Australian median house price) with a capital growth rate of 6.5%pa.

For rental, the outlay was $19,240pa with the return on invested savings being 8%pa.

The home owner ended up between $170,000 - $285,000 richer, despite paying almost $280,000 in interest and $150,000 allowance for buying costs and maintenance.

A home is more than a tax free capital gain. A home is where you put your roots, where you belong, and where the growth of your children is marked on the kitchen door. It is a place of family celebrations and where shared time with friends evolves. Where the sapling you planted developes into a tree.

Yes, definately the best investment you will ever make.

- Jock Gilbert, Managing Director

Darwin Tops Sydney

Darwin now has the higest median rental in Australia, at $505 per week, compared to Sydney at $480 per week.

The national average is $411 per week.

Adelaide's median rent has increased to $340 per week.