News from June 2013

Offering fantastic value for owner/occupiers and investors to secure their address in a premiere postcode. Located in the well maintained and secured ‘Loretto’ building; with a little tender love and care, this top floor art-deco apartment will provide graceful, easy care living to occupiers/investors for many years to come.

• Generously proportioned floor plan with high ceilings.
• Superb natural light from all rooms and leafy green outlook.
• Within walking distance of gourmet eateries and bustling cafés.
• Ultra convenient location for regular commuting to Sydney CBD and North Sydney.
• Entitled to ONE parking permit from North Sydney Council upon application.
• Strata Levies approx. $906.90 p/q

View Current Listings

The Reserve Bank has today kept rates on hold leaving the official rate at 2.75%, following the four rate cuts we've seen over the past year.

RBA Governor Glenn Stevens says "growth in the global economy remains slower than average, and the bank also expects Australia's economy to keep growing at a sluggish pace"

"At today's meeting the board judged that the easier financial conditions now in place will contribute to a strengthening of growth over time, consistent with achieving the inflation target. It decided that the stance of monetary policy remained appropriate for the time being," he said.

We are currently seeing unusually high levels of proactive buyers in the market, many seeking to purchase properties pre-auction or off market and expired listings. Seller's still seem hesitant to accept that the market is strengthening, however we hope to see a change in this very soon.

Buyers are waiting. If you are considering selling your property, now is the time to schedule a confidential market appraisal with our office.

Kind regards,

Chris Bell
L.R.E.A

m. 0416 970 426
w. 02 9959 3450
e.  chrisb@milsonexecutive.com.au




Source: ABC.net.au