Vol 13. No.121

Wednesday 04 July 2012

Economic Overview


 Current +/- Movement
$AUS/$US 102.63 +0.39
Cash Rate 3.50 Steady   
90 Day Bill 3.55 +0.01
10 Year Bond 3.085 -0.01
ASX 200 4127.2 -5.8

Victoria

Laverton North Industrial Site Sold (AFR Pg. 48)
  • A private developer has acquired a 17,960m² industrial site at Laverton North for $10.9 million ($606/m²) from One Steel Ltd.

National

Building Approvals Update (SMH Pg.3)
  • Research indicates approvals for new dwellings increased 27.3% in May, following a 7.6% decline in April.
  • Approvals for multi unit buildings rose 58.7% whilst private sector house approvals rose 8.7%.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty