20th June 2008
As June approaches in Byron Bay, I am reminded what a brilliant place to be in autumn or spring - perfect climate with bright shiny days with warm ocean water and good surf - who could ask for anything more. It’s the place to be!
The Wash Up
Everyone...
23rd May 2008
Only in Byron Bay
I loved this story of a property in the Byron Hinterland being sold in the $mil and a half region. It seems the potential new owners discussed the purchase with their psychic Geomancer - this is like a Feng Shui expert. They were told t...
25th April 2008
WAR STORIES
Beat up the Brokers!
I can understand why there is a general disdain for mortgage brokers at present. They have left a dirty stain on the carpet in the USA and a bad smell in the littlest room in the house - but to blame them for the global...
14th March 2008
There has been a lot going on lately - shake down and confusion. During these times human emotion works like this - greed is the accelerator and fear is the break. Many people have been jumping from one pedal to other - or applying pressure to both at the...
08th February 2008
THE MOOD OF THE MOMENT
But how quickly the wheel turns. The new year opened with some enthusiasm and confidence and now, with the stock market tanking in free fall, the sentiment out there is very wary indeed. All this talk of a recession is self-fulfill...
18th January 2008
BYRON BAY HOUSE SALES CYCLE
The highest house sales (140) were in March 2002, the height of the surge, and then followed by much lower turnover, average of 80 house sales per month. The latest sales (100) were in March 2007 and are now showing what I bel...
08th October 2007
Regions: NSW and South East QueenslandThe most recent Residex Rental Report was released in April 2007. I like Residex information as they are one of the more thorough reliable market reporters.This report gives the Australian post codes that are predicte...
26th August 2007
BALLINA
I noticed with interest that the Weekend Northern Star had a front page spread pumping up Shelley Beach as “the New Wategos!” This media frenzy is silly but also self-fulfilling. An ordinary home with a great view on Suvla Street just sold fo...
27th July 2007
Interest Rates:
Everyone has an opinion about this but I don't think it’s worth the airspace. Fixed or variable is a preoccupation with people taking out a first loan. Statistically it is very rare that a punter has been better off taking out a fixed...
11th July 2007
The top end of the Bay, similar to Sydney top end (Eastern Suburbs, Harbour side and Northern Beaches) has remained strong even in the recent property downturn. In reality it is another example of the rich getting richer. A property worth $3M that increas...
