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Elders Real Estate wins coveted Canstar award

Elders Real Estate has won the coveted Canstar Blue’s 2019 real estate agents review, for most satisfied customers. Coming out with top marks in all categories of communication, problem resolution, knowledge and advice, as well as overall satisfaction, this award recognises Elders Real Estate as a nationally trusted brand. The Canstar Blue’s 2019 real estate…

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  • General
  • News

Elders leaders unite for the ‘Be Extraordinary’ retreat on Hamilton Island

More than 80 of Elders Real Estates business leaders, corporate team and Elite salespeople came together to ‘Be Extraordinary’ on Hamilton Island for the 2019 Leadership Retreat. Hearing from a range of exceptional speakers including renowned leadership speaker Matt Church, Chris Helder, REA’s own Steve Carroll and Australian of the Year Kurt Fearnley, the attendees…

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  • Home Loans
  • News

Cash rate drops to record low 0.75%

The RBA’s decision to reduce the official cash rate has seen it fall below 1% for the first time in history. The reasons for the reduction are many but one motivation was the continued weakness in some sections of the property market. Despite two previous rate reductions this year, property stocks are still low and…

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  • General
  • News

“74 The Anchorage” – Record sale for Port Macquarie

One of Port Macquarie’s most prestigious canal addresses “74 The Anchorage”, has sold at auction for a Port Macquarie residential record price of $2.95 million. The sale follows an extensive auction campaign executed by Elders Port Macquarie sales agent, Corrine Cunningham. Set among Port Macquarie’s coveted canal locale, the five bedroom, three bathroom property appealed…

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  • General
  • Home Loans
  • News

First home loan deposit scheme explained

For many people, the hardest part about buying a first home is coming up with the deposit. The general requirement is that you have 20% of the purchase price saved in addition to additional costs like stamp duty and conveyancing or solicitor’s fees. Some lenders will approve loans with a smaller deposit, but there are…

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  • Home Loans
  • News

RBA Announcement – July 2019

The RBA has cut the official cash rate for the second consecutive month, bringing it to a historic low of 1%. So what could this mean for borrowers? Head of Elders Home Loans, John Rolfe, comments: “Whilst the rate cut is great news, it’s getting tough for the banks to pass the full rate cut…

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  • News
  • Rural
  • South Australia

Significant transaction creates rare Clare Valley buying opportunity

The historic Kadlunga aggregation has been sold off-market to George and Sophie Millington, resulting in a contiguous holding of almost 1,000 hectares of blue ribbon cropping country being offered to the market. The aggregation is located near Mintaro in the Clare Valley and spans some 3,923 hectares of what many people consider to be some…

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  • General
  • Home Loans
  • News
  • Residential

What an RBA rate cut could mean for borrowers

The Reserve Bank Australia has made its first changes to the official cash rate since August 2016, falling to a record low of 1.25% on Tuesday 4 June 2019. For those who follow rate changes, this comes as no surprise: the cut was first mooted in early May, but the decision was pushed back so…

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  • General
  • News
  • Residential
  • Rural

Federal Election 2019: What’s at stake for property owners?

With the Federal Budget delivered on 2 April, and the election to follow in May, both major parties are hard at work outlining their policy proposals for the electorate. As always, there are some similarities – both parties are touting tax cuts, for example – and some differences. Against the background of a cooling housing…

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  • News
  • Queensland
  • Rural

Faust Family aggregation to hit the market after more than 100 years

A rare investment scale sugar and beef production opportunity. A substantial sugar cane and beef production asset with a sizeable water rights portfolio will soon be offered to the market by Expression of Interest closing late April 2019. The 100 year old Faust Family farming enterprise has resolved to offer their 3,134.14 hectare aggregation to…

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