Lest we forget…

Happy Friday!

I hope you all had a great week and picked a winner at the Melbourne Cup! We had a huge win for our vendors last Saturday as three of our properties sold at auction. 6 Eather Avenue North Rocks sold for $1.546m, 4 Graham Avenue Eastwood sold for $1.265m and 42 Downes Street North Epping sold for $1.175m. Our vendors and buyers are all happy. If you are thinking of selling your biggest asset or looking for the right home, our winning team has a great track record when it comes to property!

This Saturday, we have four fabulous homes being auctioned. Please see below:

The OLHC Twilight Markets is finally here! So why not come and see us tonight. We have a stall set up with some goodies to give away and prizes for you and the children so please come along and get involved. It will be a fun family night out with lots of interesting treats and gifts for Christmas.

Our Lady Help of Christian school is in Oxford St behind the Catholic Church, just near Epping station. The markets raise money for OLHC to help with the growing cost of student needs and equipment, so you will be supporting a good cause. As the major sponsor again this year, I am proud to be supporting such an amazing school.

Best wishes,

Betty and team

Reserve holds its horses

It was always going to be a safe bet, and sure enough, the Reserve Bank of Australia pulled it off on Tuesday with another month of staying ‘mum’ on the official cash rate.

As horses gathered and punters took their chances, the bank’s Board elected to leave the cash rate at 1.50 per cent, as it has been for over two years.

Values cooling in some markets

Dwelling values continued to fall across Sydney, Melbourne and Perth in October, pushing national figures down over the month.

Corelogic’s hedonic home value index for October 2018 recorded a fall of 0.5 per cent in values nationally, taking the annual decline across the national index to 3.5 per cent, signaling the weakest market conditions since February 2012.

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What makes a room ‘work’?

From time to time, we’ve all been in a room and thought that it could work better with this or that changed. Or we’ve walked into a friend’s house and been instantly impressed with the way it looks and feels.

So just what is it that makes a room ‘work’?

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The popular winner is…

In case you were one of the many thousands of Australians who voted for their favourite entry in the 2018 National Architecture Awards People’s Choice category, you might be interested to know that the winning entry was Cabbage Tree House by Peter Stutchbury Architecture (NSW). Image: Michael Nicholson

Calls for holistic approach to property tax

Industry bodies have this week ramped up demands for a more holistic approach to negative gearing and capital gains tax on property.

The Real Estate Institute of Australia (REIA), Master Builders Association (MBA) and the Housing Industry Association (HIA) are asking government bodies to have a clear understanding of the economic impacts of changes to current arrangements for property taxes...

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I’d like to be, under the sea

Years ago, we wrote about an amazing underwater hotel planned for the Maldives. As with so many buildings that demand ingenuity and skill to construct, it has taken a while, but is finally opened to the public, as part of the Conrad Maldives Rangali resort.

The two-storey construction was built (on land) in Singapore then transported to the Maldives by ship. Once lowered into the water, it was secured into place with concrete pylons to prevent shifting in rough waves or at high tide.