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DOTCOM NEWS DOTCOM EXPANDS INTO SYDNEY Level 9, 123 Epping Road North Ryde Following the opening of our Newcastle office back in 2010 and after successfully operating for the past three and half years we saw an opportunity to expand and build on our successful business model that gives our agents the freedom and flexibility to give our customers and clients the best possible service. Our Sydney office is conveniently located in the modern business precinct of North Ryde at 123 Epping Road which allows our office to service a large number of suburbs within Sydney. We use the latest in technology and marketing, combined with great personal service resulting in a service that is second to none. Dotcom Property Sales ‘where technology and client service combine’ We would like to thank everyone for their support for the opening of our new office. Our opening celebration was a hit, we hope everyone enjoyed the evening, some even made a weekend out of it.
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AND THE WINNER IS.... PAIGE ROCHELLE
Real Estate News National clearance rate rising in winter There are 1,613 auctions scheduled across Australia this week. In capital cities there are 1,268 auctions expected compared to only 984 for the same period last year. Over the past three weeks the national clearance rate has shown a rising trend with a 3.5 point rise recorded. If this trend continues it will result in a return to the 70 per cent clearance rates last recorded in February and early March on the eve of spring.
In Melbourne there are 527 auctions scheduled compared to 549 last week and 426 this time last year. The clearance rate exceeded 70 per cent last week however with the consumer confidence index trending down and still below 100, the market will be tested as volumes rise over the next two months. In Sydney there are 497 auctions expected compared to 597 last week and only 378 for this week last year. The rising trend apparent in the market nationally is also the case in Sydney, which has seen a consistent 5-point rise over the past 5 weeks and reflects improving confidence levels. Brisbane is expecting 103 auctions following 126 last week. Consistent with Sydney and Melbourne there is a rise in volumes on a year ago when there were 78 auctions. Adelaide is expecting 79 auctions compared to 83 last week and only 47 a year ago. Canberra has 38 auctions scheduled compared to 43 last week. Perth has 22 auctions compared to 34 last week There are 6 auctions scheduled in Tasmania. Across Australia, the highest number of auctions is expected in the Sunshine Coast where 12 auctions are scheduled in Buderim.
RBA remains at 2.5% Savings for you and your family, interest rates remain low for the 11 month in a row, take advantage now.
Did you know, in the current market, if you have a home loan of $350,000 over a 30 year term with a rate of 4.89% and you made your repayments weekly and paid an extra $25 a week you would save yourself almost $40,000 in interest and your home loan would be paid out approximately 4 years earlier, that is a big saving to you. (Calculations done on the MFAA website calculator) To find out more, please contact Clare Monkley on 0418 299 370.
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Thinking of Buying, Selling or Renting? Call now for your ‘Free market appraisal’ contact your local Dotcom agent
1300 657 650