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The Benefits of using an Insurance Broker
29 April 2016 comments Lisa Favelle - Capital Insurance Brrokers

The Benefits of using an Insurance Broker


  Do you have better things to do with your time than sit in a call centre phone queue, waiting to talk about your insurance?  Or trying to navigate insurance company websites to get numerous quotes, hoping that you’ve got it right? If you would like an insurance professional on your side, to help and advise you – get yourself a qualified insurance broker.  A broker [...]


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Canberra’s largest mixed-use precinct planned for Belconnen
29 April 2016 comments Rachel Packham, Emma Kelly

Canberra’s largest mixed-use precinct planned for Belconnen


Belconnen will house Canberra’s largest mixed-use precinct as plans are being finalised for a $500 million development overlooking Lake Ginninderra. Geocon will build the residential and commercial precinct on a 16,314-square-metre block of land bounded by Cameron Avenue, Emu Bank, Eastern Valley Way and the Labor Club. The site, known as Section 200, will have up to 745 dwellings and has [...]


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Housing affordability improving, says HIA
29 April 2016 comments REIA

Housing affordability improving, says HIA


Affordability improved 2.7% during the March quarter, and was 0.4% more favourable than for the same period last year. "The national median dwelling price fell during the March 2016 quarter and this was the main factor behind the improvement in affordability during the first quarter of the year," said HIA Senior Economist, Shane Garrett. "Had it not been for the shock increase in variable mortg [...]


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Meet The Team - Courtney Baker
29 April 2016 comments

Meet The Team - Courtney Baker


Meet Courtney! One of our Senior Property Managers at Badenoch Real Estate who looks after our North side properties. Courtney has only been with us for close to a year but has settled in very nicely!  Hometown: Tamworth What do you love most about Canberra? It’s like a big country town and the variety of restaurants.   Most memorable travel [...]


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Bypassing buyers’ remorse
29 April 2016 comments

Bypassing buyers’ remorse


Many home buyers are very relieved when they find a property they like, make an offer and get it accepted all in a short time frame. But others – far from thinking all their Christmases have come at once – suffer from buyers’ remorse. After the initial exultation, many buyers spend sleepless nights wondering if they have made the right choice.  After all, it was a bit too [...]


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Improve your chances of a Loan Approval
29 April 2016 comments MO'R Mortgage Options

Improve your chances of a Loan Approval


It’s not getting any easier to borrow money.  The residential lending environment started to dramatically change late last year when lenders across the board raised interest rates on investment loans.  But that was just the beginning. Since then, lenders have increased the minimum living expenses for borrowers as well as increased servicing rates, making it harder for some [...]


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Buying a property with a friend
29 April 2016 comments

Buying a property with a friend


There are two kinds of property ownership contract : joint tenancy and tenants in common. Do you know which is a better option when buying with a friend or business partner as opposed to a de-facto or marriage situation?   Usually when more than one person buys a property, they do so with a spouse. But with the price of real estate these days in most major cities, more and more people are [...]


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Northbourne Avenue office building sells for $29.2 million
29 April 2016 comments Rachel Packham

Northbourne Avenue office building sells for $29.2 million


One of Canberra’s most recognisable office buildings has sold to a Melbourne investor for $29.2 million. The seven-storey building at 73 Northbourne Avenue, on the corner of Barry Drive, attracted strong interest from interstate investors during the marketing campaign. It was South Haven Group’s first purchase in the nation’s capital, which according to selling agents, is a [...]


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Northbourne Avenue light rail approved by National Capital Authority
29 April 2016 comments Tom McIlroy/Kirsten Lawson

Northbourne Avenue light rail approved by National Capital Authority


The National Capital Authority has given the green light to the city to Gungahlin tram line, but the ACT government will have to apply for separate approvals for 14 different aspects of the project. Authority chief executive Malcolm Snow announced the works approval on Wednesday afternoon, including for a temporary construction compound on the car park next to the ACT Magistrates Court, despite [...]


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Market Wrap - April 2016
29 April 2016 comments Symon Badenoch

Market Wrap - April 2016


We had some strong sales results this month especially with established houses. For example our team SOLD 18 Paterson Street Ainslie at auction which had 80 groups inspect it during the marketing campaign with 5 registered bidders on auction day. The lucky buyer swooped in at the end with some strong bidding and purchased the property for $912,000. Heading over to the inner South, we then sold 58 [...]


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