Vol 13. No.126

Friday 13 July 2012

Economic Overview


 Current +/- Movement
$AUS/$US 101.63 -0.59
Cash Rate 3.50 Steady   
90 Day Bill 3.56 Steady
10 Year Bond 2.770 -0.152
ASX 200 4068.0 -28.5

New South Wales

Port Stephens Hotel Listed for Sale (AFR Pg.38)
  • The 80 room Peppers Anchorage Hotel in Port Stephens has been listed for sale by owners Bay Holdings.

National

Housing Market Update (AFR Pg.38)
  • Research indicates the value of housing lot sales increased by 6.8% in the March quarter, with the median price of land now $195,000.
  • House prices declined 0.7% in the June quarter, with Victoria experiencing the biggest decline of 2.9% followed by New South Wales, recording a decline of 2.3%.
  • First home buyers accounted for 22% of purchasers, up from 18% in the March quarter.

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