12 October 2013
THE WESTPAC HOME OWNERSHIP REPORT In a newly released home ownership report by Westpac Bank, it seems that ‘owning a home’ or paying off a home loan sooner are the top priorities for many Australians. In fact 57% of Aussies who already have a home or are planning to buy within the next twelve months place these goals at the top of their ‘to do’ list. These findings are reinforced by the fact that 77% of people surveyed in the report believe that the true meaning of ‘Home Ownership’ is achieved only when their home loan has been paid off in full, as opposed to when they first purchase a property and take out a loan.
Yarraville
104 Somerville Road 9316 9000
Williamstown 1/66 Douglas Parade (Corner Stevedore Street) 9393 1600 www.jasstephens.com.au
In response to their report outcomes, Westpac is launching a campaign to support Australians to pay off their home loans quicker and truly own their own home sooner. Tony MacRae, general manager of Westpac Mortgage Broker Distribution says, “Our research indicates that many features designed to help pay off loans quicker are not fully understood, meaning Australians are missing out on opportunities to pay off their home loan faster. For example, more than one in three (37%) Australians with a home loan have an offset account, which is a great feature to offset and save on interest. However, more than one in three (36%) of those didn’t actually understand how an offset works so I doubt they are using it to their full potential. ” All home loan customers should undertake a ‘mortgage health check’ every few years to ensure they are getting a good deal, but also getting a product with the features and benefits that best suits their current needs. Craig J. Stephens Managing Director / Officer in Effective Control M 0418 547 938
As a service to our vendors, we will require names & phone numbers on entry of all inspections. Privacy Act 2000: We use personal information collected from you during open for inspections for security purposes. We may also use that information to contact you with respect to this property and others we believe may be of interest to you. Also, we may contact you in relation to other services provided by us or our associates such as insurance, mortgages and loans. By providing your information to us you agree to our use of it as described above unless you advise us differently. If the information is not provided we may not be able to provide an effective and comprehensive service to you. (Your personal information will be collected and held in accordance with provisions of the Information Privacy Act 2000). We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. We strongly recommend that you clearly register your interest with our representative at the open for inspection, so that in the event of a sale being imminent, your position is protected. We make every effort to contact all interested parties prior to a property being sold.
MEET THE TEAM
MAREE CECCHIN
ANNA GRECH
ASTRID JANE
ALAN STEPHENS
REECE GOSSTRAY
Sales Trust Administrator
Senior Sales Consultant
Sales Consultant
Chairman
Phone 9316 9025
Mobile 0438 446 051
Mobile 0402 211 660
Mobile 0411 242 638
Project Sales Manager Banbury Village
Email salessec@jasstephens.com.au
Email agrech@jasstephens.com.au
Email ajane@jasstephens.com.au
Email astephens@jasstephens.com.au
MARK HUTCHESON
NICOLE GRECH
LACHLAN McCRAW
SUE STEVENS
MAX WALLER
Sales Consultant
Marketing Manager
Property & Finance Consultant
Mobile 0448 820 445
Mobile 0423 590 508
Business Development Manager (Property Management) - City of Maribyrnong
Director Provincial Home Loans
Email mhutcheson@jasstephens.com.au
Email ngrech@jasstephens.com.au
Mobile 0400 335 498
Email suestevens@provincialhomeloans.com.au
Email lmccraw@jasstephens.com.au
Mobile 0432 705 815
Mobile 0418 378 276 Email rgosstray@jasstephens.com.au
Mobile 0438 430 436 Email maxwaller@provincialhomeloans.com.au