Whats Happening in the Market Place - May 2009

First home-buyers continue to enter the market in a major way. With June 30 looming first home-buyers are entering the market in astonishing number to take advantage of the first home-buyers grant. Initially, most of the enquiry was for properties up to $300,000 however as a result of further interest rate reductions these enquiries have increased for properties up to $400,000. Many of these buyers see this as a once in a lifetime opportunity to enter the market, get the benefit of the first home buyers grant and take advantage of the historically low interest rates. This unprecedented demand together with low employment and job security in the public section has resulted in a shortage of established units, apartments, townhouse and homes available for sale and as a result we have seen the local region experience rises in property values and unlike many other parts of Australia. NEW PROPETY RELEASE Belva – A development of 18 exquisite 3 bedroom ensuite townhouse in a prime elevated inner city location with prices from $395,000 M2Intosh – Virtually in the heart of the city a blend of 7 apartments and townhouse in a boutique development with prices from $330,000 Osprey – Jerrabomberra’s only new townhouse development. With a choice of 2 bedroom ensuite, rumpus and 3 bedroom ensuite each with double garage and private gardens. Prices from $465,000 Aspect – Register your interest in Aspect which will set a benchmark for urban living units of 1, 2 & 3 bedroom apartments and townhouses. For more information of these developments please contact one of our friendly sales team on either 6297 5555 or 6283 5555 or 6240 2888. 1 bedrooms Antill Street $265,000 Uriarra Road $271,000 McQuoid Street $144,000 Henderson Road $140,000 Charles Street $123,000 2 bedrooms Thurralilly Street $190,000 King Street $222,000 Crest Road $208,000 Wilgabar Way $249,000 Townhouses Yarrow Street $265,000 McKeahnie Street $355,000 Cassidy Street $372,500 Blackall Avenue $387,500 Mowatt Street $259,500

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