Uncategorized Category

Auction or private treaty? Part Two: The pros and cons of selling via private treaty…

Last week we covered the pros and cons of selling via auction. This week we will discuss the pros and cons of the private treaty sales method.

Many agents present strong arguments for auctions which makes it difficult to choose between auction or private treaty when selling your home.

The private treaty method of sale hinges upon the negotiation skills of your agent, and there are many agents operating who have no … Read more »

Analysis: House prices are falling, but is affordability improving?

Analysis: House prices are falling, but is affordability improving?

 DOMAIN RESEARCH SEP 13, 2018

It’s the news first-home buyers have been waiting on for more than five years: property values are falling across most of the country. But does that … Read more »

The Week In Real Estate 15th September

NAB is keeping its variable mortgage rates on hold, despite moves by its Big Four rivals to lift rates in response to “increased funding costs”. Chief executive Andrew Thorburn says National Australia Bank will continue to monitor funding conditions but will hold its standard variable rate at 5.24% for now….

Read more »

Higher Mortgage Rates Likely To Prolong The Housing Market Weakness

 

Over the past few weeks three of the four major banks in Australia have announced that they are going to be increasing variable mortgage rates. While there has been a lot of adjustments to mortgage rates over recent years, the big difference with the latest announcement is that the higher mortgage rates are going to affect owner occupiers. Most of the previous … Read more »

Auction or private treaty? Part One: The pros and cons of selling via auction…

In real estate many things are uncertain; markets fluctuate, buying patterns change and suburb hot spots vary.

One question is common however, every seller goes through the same thought process and considers whether they should sell their property via auction or private treaty.

While many would argue that auctions are the best way to secure the highest sale price for your property, given the competitive nature of buyers on the day, others … Read more »

The Week In Real Estate 8th September

House prices are cooling in some sectors of the Sydney and Melbourne market but could rise again as the pace of new home building slows, according to a new report.

The housing affordability report, from researcher CoreLogic and community housing body PowerHousing Australia, finds prices have been trending lower in some capital cities as building has hit record levels, with 221,000 dwellings built in the past … Read more »

RBA Interest Rate Hold: What This Means For The Property Market In Kellyville

The RBA has left the interest rate at an unchanged 1.5%, so what does this mean for the property market in Kellyville and Plumpton?

There were no surprises when the Reserve Bank of Australia met in August and they once again left the official cash rate unchanged at 1.5%.

Whilst it has been an unprecedented twenty-four months, economists rightfully predicted the unchanged rate. Many are now suggesting that we won’t see an … Read more »

The Week In Real Estate 1st September

First-home buyers are “storming” back into the NSW property market. New figures show almost one in four NSW home buyers are now first-home buyers, compared to one in ten a year ago.

Premier Gladys Berejiklian says there has been a tripling in the number of people taking advantage of the broadened stamp duty concessions brought in last year. In the first full year of operation, around … Read more »

Local Business Awards 2018 Real Estate Finalists

We are proud and honoured to announce that Hilton Parkes Real Estate has been announced as a finalist in the Real Estate category for the 2018 Local Business Awards in Mt Druitt/St Mary’s region.

We would like to thank all of our, vendors, landlords, tenants, clients, families, friends and hard-working staff for all of your outstanding support and votes!

Thank you from the team here at Hilton Parkes Real Estate!

Read more »

School catchment areas in Kellyville & Plumpton

Whether you’re purchasing a property for yourself to occupy or are looking for investment purposes – school catchment areas should be at the top of your list of factors to research. This is true for any area in Australia and Kellyville and Plumpton are no exception.

Not sure what a school catchment area (or school zone) is at this point?

It pertains to a certain area in which you must reside, in … Read more »

Call Us Today