Happy new year!! There was a lot of questions about how the market would jump out of the blocks in the new financial year. Well I can report that only 5 days in we have seen an shift for the positive. The end of last month saw a slowdown in sales and there were questions about ‘What was happening?” The changes to the stamp duty has made a difference. We have recorded $6.2million in sales already and the platform to transact is simpler with the abolishment of “sustainability declaration’s”.
Later this month, 29th July, we have 50 properties going to auction for our quarterly “Urban Living” event at the Emporium Hotel http://rwnf.com.au/buy/auctions/. As is the case with these auction events, they are a wonderful gauge of the market and anyone looking to buy or sell should come along.
In local news there is plenty of events on the horizon. This Saturday is the Teneriffe Festival (for more information click on http://www.teneriffefestival.org/ or http://newfarmvillagenews.com.au/. We are also working with the New Farm Neighbourhood centre and the Brisbane Powerhouse to organise the “New Farm Handball Festival” on the 18th August. It will be a free all ages event and should be a great day. We will post information on our http://rwnf.com.au/ & http://newfarmpark.com.au/ sites with more details.