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RBA hibernation set to continue as rates remain on hold
RBA hibernation set to continue as rates remain on hold
    The Reserve Bank of Australia looks set to spend much of 2018 in hibernation as experts see a possible record being set for the longest period of unchanged interest rates. The Reserve Bank today left the official cash rate on hold for the 15th-straight month, in a widely expected move. None of the 28 economists surveyed by Bloomberg expected the central bank to move the official cash rate at today’s December meeting – the last until February 6 – while the market is pricing in just half of one rate hike by the end of next year. Governor Philip Lowe has repeatedly reminded the mark...
RBA shows indifference towards house prices
RBA shows indifference towards house prices
  The RBA has claimed, much like APRA, that it does not have any targets for housing prices, despite warning about the rising levels of household debt in the current economic climate. Addressing the Australian Business Economists Annual Conference & Dinner in Sydney on 21 November, Reserve Bank governor Philip Lowe said that, according to what he has observed, Australia’s most expensive real estate market has been “cooling”. “This reflects a combination of factors, including increased supply of new dwellings, some tightening of credit conditions, higher interest rates on loans to inve...
Barry Plant Group raises $100,000 in annual “Wishtober” initiative for children with life-threatening medical conditions
Barry Plant Group raises $100,000 in annual “Wishtober” initiative for children with life-threatening medical conditions
Now in its fourth consecutive year, Barry Plant’s fundraising initiative “Wishtober” raised $100,000 for Make-a-Wish® Australia, a charity that makes wishes come true for children with life-threatening medical conditions. For the past four years, the group has renamed October “Wishtober” and the initiative has raised more than $450,000 in total for Make-a-Wish® Australia since its inception. Now a much-loved tradition within the Barry Plant Group, each of the group’s offices contributes donations from commissions earned on every property sold throughout October.  The Corporate office also dona...
New depreciation cuts imminent, but ‘substantial’ deductions still on offer, says expert
New depreciation cuts imminent, but ‘substantial’ deductions still on offer, says expert
Legislation impacting travel expenses and plant and equipment deprecation is one step away from coming into effect, but one expert says that there are still “substantial” deductions to be had. The Turnbull government has passed both the Treasury Laws Amendment (Housing Tax Integrity) Bill 2017 and the Foreign Acquisitions and Takeovers Fees Imposition Amendment (Vacancy Fees) Bill 2017 through both houses of Parliament, only requiring royal assent from the Governor-General to come into effect. These changes, should they get the green light from the Governor-General, remained mostly unchanged f...
Why we should all be concerned about getting more plant / life balance
Why we should all be concerned about getting more plant / life balance
  As more of us live the urban life, greening up has become a vital wellbeing issue. Think about it: from the house to the car to the office and back again, how much nature did you get today? Research shows that urbanites are clocking 90 per cent of their time indoors and, despite our love for a green smoothie, that means we’re missing out on some serious health benefits that vitamin N (that would be nature) can bring. Luckily, we don’t need to skip around a meadow on the regular – we just need to bring the outdoors in. A report from RMIT and the University of Melbourne suggests that indo...
Seven years since an RBA rate hike, is another on the way?
Seven years since an RBA rate hike, is another on the way?
  The last time the Reserve Bank of Australia raised interest rates, the AFL grand final had just resulted in a draw, Prince William and Kate Middleton had only just become engaged and Steve Jobs and Osama bin Laden were still alive. It was seven years ago today, and the RBA board has met 76 times since, cutting 12 times and hiking zero. The result of this month’s meeting, held on Melbourne Cup day, is pretty much seen as a foregone conclusion, with almost all economists expecting the central bank to leave the cash rate at a record low 1.5 per cent, where it has been since August 2016. In...
2020 housing predictions revealed for Aussie capital cities
2020 housing predictions revealed for Aussie capital cities
QBE Insurance has released a new report containing a forecast for the 2020 property market. The report is useful for agents because it details how the housing market is set to perform over the next three years. Produced by BIS Oxford Economics, the QBE Australian Housing Outlook 2017–2020 report shows that, overall, Australian houses are generally set for growth. From now to 2020, median housing prices are predicted to fall by 0.2 per cent and 0.9 per cent in Sydney and Darwin; prices are set to rise in the other capital cities, with Canberra predicted to rise by 16.3 per cent, Hobart by 10.8 ...
How many houses should you own?
How many houses should you own?
THE aim of the game Monopoly is to collect as many houses as you can, the more expensive the better, if you want to win. This game is being played out in real life by hundreds of thousands of Australians who are collecting properties in an effort to build wealth or prestige. From holiday homes in exotic locations to a rental property or four, investors see real estate as a ticket to riches while other Australians struggle to scrape together a deposit for their first home. So how many houses do you really need to own to be financially comfortable later in life? Much depends on the value of the ...
A record year for Barry Plant in a slowing Victorian property market.
A record year for Barry Plant in a slowing Victorian property market.
While the 2016–17 financial year saw the total value of property sold across the Victorian real estate market dip by 1.4%, the Barry Plant Group enjoyed another record year with a growth of 7.5% in the value of properties sold. The total number of properties sold across the Victorian market as a whole dropped by a significant 5.3% last financial year, but the numbers held steady for the Barry Plant Group, who also reported a promising start to the new fiscal year. July and August number of sales for the network were up by nearly 11%, and the value of sales jumped nearly 20% above the previous ...
October is “Wishtober” at Barry Plant.
October is “Wishtober” at Barry Plant.
Offices across the entire 80-office Barry Plant network are gearing up for the most important month of the year – Wishtober.  The month when money from every property sold by Barry Plant agents, is donated to Make-A-Wish Australia – a wonderful organisation that works to make the cherished wishes come true for children and teenagers who are suffering life-threatening illnesses. Over the last three years, Barry Plant has raised over $350,000 for Make-A-Wish and they are hopeful of raising $100,000 this year to add to their tally. You can make a difference too, visit www.makeawish.org.au to fund...
How to get ahead on your deposit.
How to get ahead on your deposit.
  With the number of first home buyers in the mortgage market continuing to languish near record lows and property prices peaking 1, it’s clear first home buyers need a savvy savings strategy to round up a deposit. But getting ahead is often easier said than done. Life has to be lived and bills need to be paid, while hikes in basics, such as electricity and private health cover, make saving pennies harder. So how do you squirrel away enough to stake your claim in the property market? There’s no magic wand but there are some steps you can take to make your first home dream a reality soone...
5 tips for spring selling
5 tips for spring selling
As the cold winter weather makes way for sunnier days, spring is a favourite time to take your property to market. But how do you make it stand out from the crowd? It may just be the sense of possibility that comes with the changing of the season, or excitement in the lead up to Christmas, but there’s something so appealing about selling a property in spring. A favourite time for vendors to sell, you’re likely to be faced with stiff competition. Here are five top tips for the spring selling season. 1. First impressions Whether it’s a lick of paint on your front door or some statement pots eith...
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Andrea Huljak Reception Rowville
4/4 Saltbush Court Rowville
Latest listings (sale)
3 2 2 3
4/4 Saltbush Court
Rowville
SALE BY SET DATE®
$690,000-$750,000  
11 Sheldon Court Lysterfield
Latest listings (sale)
4 2 8 1 2
11 Sheldon Court
Lysterfield
For SALE
Contact Agent  
42 Armstrong Drive Rowville
Latest listings (sale)
4 2 2 2
42 Armstrong Drive
Rowville
SALE BY SET DATE®
$990,000-$1,080,000  
38 Tamboon Drive Rowville
Latest listings (sale)
3 1 2 1
38 Tamboon Drive
Rowville
For SALE
$700,000-$770,000  
1, 2 & 3/27 Hillview Avenue Rowville
Latest listings (sale)
9 6 3 9
1, 2 & 3/27 Hillview Avenue
Rowville
For SALE
Contact Agent  
23 Bridgewater Way Rowville
Latest listings (sale)
4 2 2 2
23 Bridgewater Way
Rowville
SALE BY SET DATE®
$850,000-$910,000  
191 Murrindal Drive Rowville
Latest listings (sale)
4 2 4 1 3
191 Murrindal Drive
Rowville
For SALE
$960,000-$1,050,000  
15 Abbin Court Rowville
Latest listings (sale)
15 Abbin Court
Rowville
For SALE
$600,000-$630,000  
14 Pendelton Place Lysterfield
Latest listings (sale)
4 2 4 1 3
14 Pendelton Place
Lysterfield
For SALE
Contact Agent  
21 Jackie Close Rowville
Latest listings (sale)
4 2 2 3
21 Jackie Close
Rowville
SALE BY SET DATE®
$870,000-$950,000  
News update
RBA hibernation set to continue as rates remain on hold
    The Reserve Bank of Australia looks set to spend much of 2018 in hibernation as expert...
183 Rawdon Hill Drive Dandenong North
Latest listings (rent)
4 2 1
183 Rawdon Hill Drive
Dandenong North
LEASE (Available )
$370 per week  
3 Dana Court Rowville
Latest listings (rent)
4 2 1 2
3 Dana Court
Rowville
LEASE (Available )
$485 per week  
5 Mossvale Close Endeavour Hills
Latest listings (rent)
3 1 1 1
5 Mossvale Close
Endeavour Hills
LEASE (Available )
$360 per week  
23 Cormistom Road Ringwood North
Latest listings (rent)
4 2 2 2
23 Cormistom Road
Ringwood North
LEASE (Available )
$510 per week  
156 Turramurra Drive Rowville
Latest listings (rent)
4 2 2 3
156 Turramurra Drive
Rowville
LEASE (Available )
$550.00 per week  
23 Golding Avenue Rowville
Latest listings (rent)
4 2 2 2
23 Golding Avenue
Rowville
LEASE (Available )
$600 per week  
7 Eildon Parade Rowville
Latest listings (rent)
3 2 1 2
7 Eildon Parade
Rowville
LEASE (Available )
$395.00 per week  
14 Airlie Court Rowville
Latest listings (rent)
4 2 2
14 Airlie Court
Rowville
LEASE (Available )
$390 per week  
26 Laanecoorie Drive Lysterfield
Latest listings (rent)
4 2 2 2
26 Laanecoorie Drive
Lysterfield
LEASE (Available )
$440.00 per week  
12 Cardinia Way Rowville
Latest listings (rent)
3 1
12 Cardinia Way
Rowville
LEASE (Available )
$380 per week  
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