Special Offer : Central Helensvale

Rental guarantee offer : SOLEIL

 

 

We wish to say thank you for being with us throughout 2009 - receiving and reading our emails and staying on our email mailing list.  We hope you have found our despatches to be informative. We wish you and your family a Merry Christmas and a Happy and Prosperous New Year.  

 

At the close of 2009, Australia was the first in the world to raise interest rates and scale back economic stimulus. This escape from the global financial crisis is helped by our rich Asian neighbours to whom Australia sent 70% of our exports. On the property markets, Australians, like our Asian neighbours, treat property as a secure, strong return investment. Residex reported the Australian national average capital growth for the year at 5.13% for houses and 6.41% for units ( the 10 year average capital growth is 9.89% p.a for houses and 8.52% p.a for units).  In the first world Asian capitals : Singapore property prices was up 15.8% in the third quarter; China's prices increased 37% in one year and in Hong Kong home prices jumped 26% this year.    

 

Underpinning capital growth for  Australian properties are the under-supply of new housing and its strong population growth.   There is a need to create 155,000 new dwellings each year. Our undersupply of new dwellings still sits at over 200,000. Australia's population growth has set another record last week showing an annual increase of 433,000 for fiscal 2009 - a strong statistic given that five years ago Australia's annual rate of increase hardly exceeded 300,000.   

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 Special offer : Christmas Special on prices and other incentives ...