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Click for more details on this property Banora Point
Banora Point - $569,000
Imagine warm summer days spent relaxing beside the pool with your friends and family. You'll have plenty of time to enjoy and unwind, as all the hard work has been done in this immaculate, private single level home. Tiled throughout, you have roomy open plan lounge and dining areas plus a separate...More...






Click for more details on this property If you're looking for an immaculate single level home, this ... MORE
Click for more details on this property $389,000
* Older style home on 670 sq.m. level block with side access... MORE
Click for more details on this property $379,000
This affordable brick and tile home in Banora Point is ideal... MORE
Click for more details on this property $95,000
This private, totally renovated relocatable home in Tweed He... MORE
Click for more details on this property $569,000
Imagine warm summer days spent relaxing beside the pool with... MORE
Market Update - August 2008
The market is still settling in our area with reasonably good sales activity occurring across all classes of real estate. June was a rather quiet month for real estate, with some agencies reporting their quietest June quarter in twenty years. July, however, has seen an increased level of buyer inspections at “open houses” and sales still continue when the market perceives a listed property to represent good value.

The higher interest rates have been the result of buoyant economy with full employment. It is possible we will have to get used to near double digit interest rates for sometime as the market continues to be turbulent.

There is general talk that the Reserve Bank may actually reduce their official rate, contrary to the financial sector, and despite banks acting independently by increasing interest rates. Major banks acting independently of the Reserve Bank, as they have done it in recent times, is unprecedented in recent history. We are all paying the price of the washout from the collapse of the US sub-prime market.




Real Estate