Div9May15

Low official cash rates mean a wealth of opportunity for first home buyers, people who are currently renting and property investors, says First National Real Estate Mudgeeraba. "The Reserve Bank of Australia's official cash rate has a range of effects across the economy, and it definitely lifts the average buyers’ property prospects," said Murray Duthie, Principal, First National Mudgeeraba. In February the RBA cut the official cash rate by 25 basis points, bringing it down to 2.25 per cent. CoreLogic RP Data's head of research Tim Lawless said that this took the interest rates to their lowest point since 1968. "This means near-unprecedented opportunities for Australians to buy real estate at great value and demand appears to have been re- energised by less expensive debt," Murray said. Even though prices across Australia have been generally rising for property, the cash rate situation can actually make it easier for people to buy a home, despite higher prices. And in Queensland, first homebuyers may qualify for 'no stamp duty' which also helps boost the affordability of their first home. “But in Mudgeeraba and the surrounding areas we are seeing an acute shortage of property on the market and more stock is needed to replace those sold,”Murray said. So, if you’re thinking of selling, why not call in and have a chat with Murray and the team at First National Mudgeeraba - you’ll be dealing with people who genuinely care and will do their very best for you! Now is the time to get onto the property ladder

Shane Conlon - Area Specialist 0478 767 719

Murray Duthie - Principal 0438 810 736

pick of the month

A Touch of Grass Lawn & Garden Care w Lawn Mowing w Mulching

Springbrook Acreage Oasis NOW $489,000 Sitting on a rare 1.59 HA (almost 4 acres) of flat land, this property offers much desired privacy & a good mix of lawn and native rainforest complemented by well maintained low maintenance gardens with water features. Pavillion 1: 1 bed, ensuite, mod kitchen, O/P living Pavillion 2: 1 main room, ensuite, wheelchair friendly Offered with a full range of inclusions - just walk in & enjoy! Further info@www.mfn.com.au - property ID: 2809787

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0417 294 778

Phone

Tel 5527 0314 wendy@localnewsletters.com includes basic artwork & gst Business Cards Colour front, gloss front ................ $ 139 Colour front & back, gloss front ....... $ 155 BUSINESS CARDS 1,000 Colour

First National Real Estate Mudgeeraba Linkway Roundabout - 1/71 Railway St, Mudgeeraba

Tel: 5525 2866

Web: www.mfn.com.au

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