NEWS. COMMUNITY. HOMES. 2009
the
MARCH
Property Book YOUR LOCAL NEWSLETTER & BUYERS PROPERTY GUIDE
PROPERTY LOOKING GOOD FOR 2009 Mike Gray, Principal from Nerang First National Real Estate is optimistic the Queensland and Australian Property Markets have turned a corner and will bounce back in 2009, with the charge being led by first home buyers and investors. “Many of our agents are already reporting increased activity and enquiries from first home buyers and investors, with some posting record sales during the months of December and January,” Mike said. “This is a result of a number of factors, including improved housing affordability and house prices coming into line with market expectations and growing consumer confidence due to the introduction of a range of federal and state government initiatives.” Mike said while the lower end of the Australian market was already rallying, the same could not be said for the top end of the market, which he expects will fare worse in the coming
REIQ Declare Local Agency State’s Best PAGE TWO Top Tips Saving For A Home PAGE THREE
Thriller Garage Sale PAGE THREE
months. The biggest hurdle for Queensland in 2009 will be to overcome unemployment concerns. Government initiatives should go some way to allaying fears and assist in strengthening consumer confidence as well as provide renewed interest in the housing market by first home buyers and, in particular investors. Median house prices for Queensland achieved price growth of up to 40 per cent in 2008. Strong migration and low levels of housing construction are expected to keep the state in a housing deficit, which should provide some support for housing prices. The undersupply of dwellings is expected to hit 19,000 by June 2009. For the national property market, continued on page 2
Local Property For Sale PAGES FOUR TO ELEVEN
BUDGETING TIPS • Many insurance companies offer discounts and incentives if you have more than one policy with them. • Know your phone plans - Some mobile phone plans have free calls to mobiles within the same carrier. • Pay interest bearing debts first. There is no point saving money in the bank whilst you have credit cards accruing interest. • Buy clothes for next year at the end of the season when they go on sale. Buy items that don’t date, and your annual wardrobe cost can be cut in half!
.DQ@MF Phone: 07 55960055 nfn@nfn.com.au www.nfn.com.au