Real Estate THURSDAY, JULY 1, 2020 FROM COAST TO
COUNTRY
WWW.TWEEDVALLEYWEEKLY.NET.AU
Surge of home buyers expected following rate cut By Jonathon Howard THE REAL estate market is expected to heat up after the official cash rate was cut to a record low this week. The Reserve Bank of Australia (RBA) lowered the official interest rate from 0.25 per cent to 0.1 per cent at its November board meeting on Tuesday, November 2, and if the rate cut is passed on by the banks, buyer activity could increase. RBA Governor Philip Lowe said the economic outlook is more positive than three months ago, despite the lockdown in Victoria, but economic recovery is contingent on the ongoing containment of the virus. “At its meeting today, the Board decided on a package of further measures to support job creation and the recovery of the Australian economy from the pandemic,” RBA Governor Philip Lowe said. “With Australia facing a period of high unemployment, the Reserve Bank is committed to doing what it can to support the creation of jobs. “Encouragingly, the recent economic data have been a bit better than expected and the near-term outlook is better than it was three months ago.
“Even so, the recovery is still expected to be bumpy and drawn out and the outlook remains dependent on successful containment of the virus.” CoreLogic’s Head of Research Tim Lawless expects property prices to rise if the rate cut is passed on by the banks. “Historically, cuts to interest rates have fuelled housing market activity and generally aligned with upwards pressure on dwelling prices,” he said. “With the trend in housing values already rising around most areas of the country, there is a good chance lower rates could see momentum building across the nation’s most valuable asset class.” The Real Estate Institute of Australia (REIA) said the rate cut could improve housing affordability, which has already increased this year. REIA President Adrian Kelly said if the full 0.15 percentage point decrease was passed on by the banks, housing affordability - in the context of other factors remaining the same - would improve by 1.7 per cent. “The RBA is obviously throwing the kitchen sink at this pandemic and today’s decision will definitely benefit home buyers,” he said.
Open homes *All open homes are listed in NSW time
Thursday, November 5 DJ Stringer
4/27-29 Dutton Street, Coolangatta, 5pm-5.30pm 8/27-29 Dutton Street, Coolangatta, 5.30pm-6pm
Saturday, November 7 DJ Stringer
10/15-17 Ivory Crescent, Tweed Heads, 9am-9.30am 2/75 Jacaranda Avenue, Tweed Heads West, 10am-10.30am 3/61 Charles Street, Tweed Heads, 10am-10:30am
119 River St, Murwillumbah
More homebuyers could flock to the Tweed following this week’s interest rate cut
“For the June quarter of 2020, REIA’s Housing Affordability Report showed that housing affordability had already improved with the proportion of income required to meet loan repayments decreasing to 34.5 per cent, a decrease of 0.2 percentage points over the quarter. “Today’s interest rate cut, if passed on, would see the proportion of income required to meet loan repayments decreasing to 33.9 per cent.” An increase in consumer sentiment could also fuel a surge in the real estate market,
with the latest housing finance data showing an increase in the number of new home loans over the past four months. “Yesterday’s housing finance data showed that September recorded the fourth consecutive monthly increase and the highest level since October 2009 on the back of improving consumer sentiment about purchasing a home, particularly amongst first home buyers,” Mr Kelly said. “Today’s interest rate cut will add to buyer interest.” At the time of print, the only major bank to announce whether it would pass on the rate cut was
1/42-44 Thomson Street, Tweed Heads, 10am-10:30am 8/2 Endeavor Parade, Tweed Heads, 11am-11.30am 2122 Tweed Ultima, Tweed Heads, 11am-11.30am 1 Hill Street, Tweed Heads, 11am-11.30am 2021 Tweed Ultima, Tweed Heads, 11.30am-12pm 2135 Tweed Ultima, Tweed Heads, 12pm-12.30pm 3/182 Kennedy Drive, Tweed Heads West, 1pm-1.30pm 11/30 Lanham Street, Coolangatta, 2pm-2:30pm
First National Murwillumbah
89 Braeside Drive, Uki, 9am-9.30am 57 Kyogle Road, Bray Park, 10am-10.30am 2 Talganda Terrace, Murwillumbah, 10am-10.30am 3 Frances Street, Murwillumbah, 11am-11.30am 341 Wardrop Valley Road, South Murwillumbah, 11am-11.30am
Thinking of Selling? Turn Curiosity Into Confidence Don’t Guess. Know.
the Commonwealth Bank, who has elected not to change its variable rate, but has cut its fixed rates to record lows, including an offer of 1.99% p.a. on new four year Fixed Rate home loans for Owner Occupiers paying Principal and Interest in the Wealth Package The RBA is expecting rates to stay low for the next three years and governor Phillip Lowe is encouraging everybody to ask their bank for a better deal. “And if they don’t give you a better deal after today’s decision, switch to a bank that will,” he said.
17 Baker Street, Murwillumbah, 12pm-12.30pm 69 Tweed Valley Way, South Murwillumbah, 12pm-12.30pm 30 Richards Deviation, Dunbible, 1.15pm-1.45pm 91 Clareville Road, Uki, 2.15pm-2.45pm
Raine & Horne Ocean Shores/Brunswick Heads/ Murwillumbah Pinnacle Estate, Ramsay Close, Goonellabah 9am-10am 16/2 Rajah Road, Ocean Shores, 9.30am-10am 1 Hunter Street, Burringbar, 9.30am-10am 23 Scotts Wood Grove, Mullumbimby Creek, 10.30am-11am 8 Botanic Court, Mullumbimby, 11am-12pm 17 Philip Street, South Golden Beach, 11.30am-12.00pm 39 Yamble Drive, Ocean Shores, 10.30am-11am 34 Reserve Creek Road, Kielvale Sat.11.30-12.00pm
10 McPherson Court, Murwillumbah
What is my home worth? Talk to us about your Local market Call our office Today.
Raine Horne
14 Tulipwood Crt, Murwillumbah
(02) 6672 4477
FREECALL 1800 547 848 rh.com.au/murwillumbah
84804
12 Mount Ballow Ave, Murwillumbah
St Joseph’s Village Retirement Living at 55 Blundell Boulevard, Tweed Heads South
Stylish retirement villa in a peaceful, yet vibrant community Imagine no longer having to devote time to maintaining a family home, mowing lawns or worrying about home practicalities. With all that taken care of, you have complete peace of mind and are free to focus on what really matters. St Jospeh’s offers a tranquil environment, yet has all that Tweed Heads has to offer on its doorstep. With close proximity to restaurants, cafés and shopping, along with convenient transport, life at St Jospeh’s is one of convenience and contentment. This light-filled 2-bedroom villa is generously sized and features: • • • •
2-bedrooms 1.5 bathrooms Lock-up garage 24-hour emergency call system
• • • •
Maintenance services included Gardening services included Optional home care services Aged care onsite
85001
To arrange a private viewing, call Jodie on 0490 127 900 or visit us at sccliving.org.au
0490 127 900 sccliving.org.au You may have to pay a departure fee when you leave this village.
ONE DAY IS TODAY
LAND NOW SELLING ILUKA, NORTH COAST NSW
70 %
STA GE
1
SO
LD Call Fiona Beamer 0419 497 447
birriganilukabeach.com.au
85005
OV ER
Tweed Coast
CASH DRAW LIST YOUR PROPERTY FOR SALE OR FOR RENT
HOW WOULD YOU SPEND THE MONEY? Renovation? Holiday? Rental? Family? Mortgage? Party?
Pottsville Beach 02 6676 1053
Banora Point 07 5523 1111
Tweed City 07 5523 3900
Murwillumbah 02 6672 7828
www.potsville.com.au
www.fnbanora.com.au
www.fntweedcity.com.au
www.fnmurwillumbah.com.au
11/5 Coronation Avenue, Pottsville Beach NSW 2489
4B Banora Shopping Village, Banora Point NSW 2486
1/28 Minjungbal Drive, Tweed Heads South NSW 2486
64 Murwillumbah Street, Murwillumbah NSW 2484
List your property for sale or for rent by 13th December to take part in our $10,000 prize draw. 2 x $5,000 cash prizes to be won. Draw will take place 16th December 2020.
84795
1st SEPT TO 13th DEC 2020 COMPETITION
$525,000
5
3
2
Reduced Price $679,000
1
1
2
2
MURWILLUMBAH 17 Baker Street
3
$510,000 1
1
R DE UN
$1,250,000 3
2
3
BY IN AP SPE PO CT IN ION TM S EN T
MURWILLUMBAH 353 Reserve Creek Road
3
I OP 12 SA NS EN :0 TU PEC FO 0P RD T R M A IO –1 Y7 N 2: TH 30 PM
5
O FF ER
MURWILLUMBAH 11 The Plateau
$495,000
BRAY PARK 12 Park Ave BY IN AP SPE PO CT IN ION TM S EN T
O 10 SA INS PEN :0 TU PE F 0A R CT OR M DA IO –1 Y7 N 0: TH 30 AM
BRAY PARK 57 Kyogle Road
2 2
2 2
THIS GREAT FAMILY HOME TICKS ALL THE RIGHT BOXES - Well maintained 5 Br 2 Bathroom Brick & Tile in one of our best streets. - Functional floor plan separate living, family & dining rooms. - Covered outdoor entertaining area located close to kitchen and family room. - Stunning views to Mt Warning & Border Ranges.
DUNBIBLE 30 Richards Deviation
Helen Flynn 0435 810 254
$1,150,000 6 5
2 2
2 2
THIS GREAT FAMILY HOME TICKS ALL THE RIGHT BOXES - Well maintained 5 Br 2 Bathroom Brick & Tile in one of our best streets. - Functional floor plan separate living, family & dining rooms. - Covered outdoor entertaining area located close to kitchen and family room. - Stunning views to Mt Warning & Border Ranges.
Helen Flynn 0435 810 254
2 2
2 2
THIS GREAT FAMILY HOME TICKS ALL THE RIGHT BOXES - Well maintained 5 Br 2 Bathroom Brick & Tile in one of our best streets. - Functional floor plan separate living, family & dining rooms. - Covered outdoor entertaining area located close to kitchen and family room. - Stunning views to Mt Warning & Border Ranges.
Helen Flynn 0435 810 254
MURWILLUMBAH Price Guide $599,000 - $609,000 4 2 2 Talganda Terrace 5 2 2 2 O 10 SA INS PEN :0 TU PE F 0A R CT OR M DA IO –1 Y7 N 0: TH 30 AM
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IN OPE S :0 UN SPE N F 0A D CT OR M AY IO –1 8 N 1: TH 30 AM
STH MURWILLUMBAH 341 Wardrop Valley Road
$935,000
4 5
THIS GREAT FAMILY HOME TICKS ALL THE RIGHT BOXES - Well maintained 5 Br 2 Bathroom Brick & Tile in one of our best streets. - Functional floor plan separate living, family & dining rooms. - Covered outdoor entertaining area located close to kitchen and family room. - Stunning views to Mt Warning & Border Ranges.
Helen Flynn 0435 810 254
84877
$975,000
4 5
IN OPE 1: SAT SPE N 15 UR C FO PM D TIO R A –1 Y7 N :4 TH 5P M
IN OPE 2: SAT SPE N 15 UR C FO PM D TIO R A –2 Y7 N :4 TH 5P M
SMITHS CREEK 91 Clareville Road
$675,000
MURWILLUMBAH 10 Ewing St
1
-
3
1
1
QUEEN OF THE HILL
BETWEEN TWO VIEWS
- Fully renovated original weatherboard home - Located on sought after Hospital Hill - 180 degree uninterrupted views - 4 Bedrooms plus built-in’s - Modern kitchen, bathroom and Laundry - Exquisite period features
- Views front and Back - Immaculate 1950s build - Timber hardwood home built with local timber - Quiet Street - Hardwood shed/workshop - Useable mostly flat backyard
CO UN N DE TR R AC T
Adrianna Jenkins 0422 265 871
$1,150,000
SOUTH MURWILLUMBAH 341 Wardrop Valley Rd
6
3
2
Adrianna Jenkins 0422 265 871
$525,000
BRAY PARK 57 Kyogle Rd
5
ULTIMATE DUAL LIVING 6 BEDROOM PRIVATE HOME ON ACREAGE
- Hill position and a great outlook. - Beautifully kept - recent paintwork & new stove. - So convenient with neighbourhood shopping. - Generous size 5 Bedroom home with 3 Bathrooms. - 5th Bedroom & Bathroom on ground floor suitable for one of the family - Town Bus stop over the road.
Anne Besgrove 0402 608 503
$929,000
2
1
2
CREATE FAMILY HARMONY
- Brick rendered 6 bed, 3 bathroom home Fully self contained separate living down stairs - Solar 5.5kwa, Closed Fireplace and Airconditioning - Ionised Inground Pool - Sealed Driveway, 3 bay shed with power - Timber floors upstairs, Verandahs - 5 acres approx. - 6-7 mins Murwillumbah and approx 18 - 20 mins to coastal beaches
BYRRILL CREEK 665 Byrrill Creek Rd
3
2
Helen Flynn 0435 810 254
UKI 6/255 Hazelbrook Rd
$420,000
1
1
2
TALLOWOOD
PEACE AND PRIVACY
- 175 Acres of Australian Native Hardwood forest - 2 bed uniquely designed home plus sleepout (STCA) - Separate Liveable shed with power and water - Established ornamental, fruit and veggie gardens - Lots of shedding / Creek frontage
- Company Titled 10 Acre share on secluded Hamlet - Low low maintenance fully approved Home - Full solar array / water tanks / dam - 8 minutes drive to Picturesque Uki Village - 20 minutes to the bustling arts / foodie hub of Murwillumbah
Paul Stobbie 0448 191 351
Paul Stobbie 0448 191 351
11 Ray St, Bray Park Adrianna Jenkins
76 Riveroak Drv, Murwillumbah Adrianna Jenkins & Paul Stobbie
162 Treetops Blvd, Murwillumbah Anne Besgrove
36 Sargents Rd, Homeleigh Anne Besgrove
6 McMillan St, South Murwillumbah Anne Besgrove
123 Byangum Rd, Murwillumbah Anne Besgrove
873 Commissioners Creek Rd, Commissioners Creek Helen Flynn
177 Byangum Rd, Murwillumbah Helen Flynn
36 Mitchell St, Uki Helen Flynn
15 York St, Murwillumbah Scott Reading 84876
CO UN N DE TR R AC T
4
$489,000
BRAY PARK 9 Ray St
ANDREW BOULTER ||
S
D L O
Sold by Andrew & David
34 Sunnycrest Drive, Terranora
S
D L O
S
4/47 Enid Street, Tweed Heads
D L O
12 Alkira Street, Tugun
The Christmas frenzy is starting…… but it’s still a great time to sell. With the borders relaxing and the holidays just around the corner, it’s tempting to put ideas of selling on hold, but think again. Buyers are ready to make their move…. We are seeing record numbers of active buyers through our open homes. We know the Christmas cheer is calling , but don’t miss this strong market - you could double your celebrations! And remember, if you do go to market at this time, you can request a 60- or 90-day settlement. Leading you seamlessly into a new start for 2021. We are happy to help you with all your real estate needs. Please call Andrew or David
ANDREW BOULTER 0438 692 711
andrew.boulter@harcourts.com.au
DAV I D HU RLE Y 0415 546 973
84887
david.hurley@harcourts.com.au
10B 24-28 Corporation Circuit Tweed Heads South
P 07 5536 9594
bmg.harcourts.com.au
Elders Tweed Valley
Thinking of Sel ling?
Te s timonial Kristie is an exceptional person and she extends her high personal standards to assisting her clients in the purchase or sale of their homes. She has exceptional knowledge of the Tweed area and all the complexities that come with buying and selling real estate. Her excellent and easy communication style kept us ahead of what was happening every step of the way. She went out of her way to respond to our and our buyer enquiries to ensure they had the information they needed to make decisions.
sold 113 Everinghams Road, Pumpenbil
sold 98-100 Mcleod St, Condong
sold 38 Golden Links, Murwillumbah
sold 193 Hidden Valley Road, Mount Warning
sold 51 Countryside Drive, Murwillumbah
sold 3 Tia Place, Murwillumbah
elderstweedvalley.com.au 1 36-42 Murwillumbah Street, Murwillumbah (02) 5602 2950
84872
Call Kristie Homan on 0427 328 764
Only 2% & TOtal free marketing!*
commission Plus GST
We have recorded unprecedented sales
Your FREE customised marketing package includes; •
Professional photography
•
Colour floorplan
•
Photo signboard
•
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•
60 day Premier listing on www.realestate.com.au
•
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•
Social media coverage
For a complimentary market valuation and all other real estate advice, contact us today.
www.djstringer.com.au
84849
(07) 5599 5222
* conditions apply & is subject to the value of property being sold
The Southern Gold Coast & Northern NSW most Premier Real Estate Agency
Absolute waterfront living - adjacent to major shopping
Executive town home – with scenic views
3 / 61 Charles Street Tweed Heads •
Generous open plan air-conditioned living & separate dining zone
•
Ample terrace style balcony
•
Sociable well-appointed kitchen
•
Separate study area
•
3 large bedrooms all with and built-in robes
•
Master bedroom with large ensuite, bath and separate shower, walk-in robe, access to outdoor patio
bed
bath
car
Buyer Range $695k - $725k Open Saturday 10 – 10:30am (NSW TIME)
David Stringer 0418 150 731
8 / 2 Endeavour Parade Tweed Heads / Greenbank •
Light-filled & airy unit with water views from every room
•
Living area opening on to waterfront balcony
•
Retro galley style kitchen
•
Main bathroom with separate bath
•
Separate laundry with plenty of storage space
•
Master bedroom with built in robe and water views from the comfort of your bed
•
Single lock up garage
david@djstringer.com.au
Double auto lock up garage with internal access
•
Spacious open plan tiled living with air-conditioning
•
Stylish kitchen with contrasting granite benches
•
Master bedroom with ensuite, air-conditioning, walk in robe & large private terrace
•
Modern bathrooms, separate laundry & powder room
•
Extensive entertainers terrace style patio with planter boxes
•
Basement parking for 1 car with storage 3m2 cage
•
Plush carpeted bedrooms, ceiling fans & crim safe
3 2 1
bed
bath
car
bath
car
For Sale Reduced from $625k to $595k Open Saturday 11 – 11:30am (NSW TIME)
David Stringer 0418 150 731 david@djstringer.com.au
Vintage D-Bah beach house - since 1955
Bay Breeze - spread your wings & entertain in style
1 / 42-44 Thomson Street Tweed Heads
2 1 1
bed
4 1 1
1 Hill Street Tweed Heads
bed
bath
car
Buyer Range $835k - $865k
•
Cool timber flooring throughout
•
Generous living area
For Sale By Negotiation
Open Saturday 10 – 10:30am
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Balcony commanding extensive water views over the boat harbour
•
Main bathroom with separate toilet
Open Saturday 11 – 11:30am
•
Internal Laundry with additional toilet
•
Study or additional guest room
•
Off street parking
(NSW TIME)
David Stringer 0418 150 731 david@djstringer.com.au
(07) 5599 5222
(NSW TIME)
David Stringer 0418 150 731 david@djstringer.com.au
the home of real estate
76 Griffith Street Coolangatta | Open 7 Days | www.djstringer.com.au 84849
•
3+ 2+ 2
Coolangatta | Tweed
! VENDOR WANTS THEM SOLD!! SUBMIT ALL OFFERS
A Rare Price Point & Opportunity
Overlooking Tweed Hinterland and Mount Warning these very affordable residential studio’s and 1 bedroom apartments offer a tranquil resort lifestyle.
•
Studio $110,000 22m2 internal + 11m2 porch Body corp approx $35p/w Studio $155,000 28m2 internal + 7m2 balcony Body corp approx $45p/w 1 bed 1 bath $210,000 58m2 internal + 27m2 porch Body corp approx $63p/w Rates approx $2,500 per annum Pet friendly upon body corporate approval
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84843
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(07) 5536 5577 coolangattatweed.ljhooker.com.au
