24 hour Market appraisal request

Simply go to www.prddapto.com.au and fill in your details to have your home appraised, with no inspection and within 24 hours.

Congratulations to Jeremy

The latest monthly report has ranked Jeremy Tillman 13th in the top sales people for PRDnationwide - NATIONALLY.

Jeremy has worked hard to amongst the top performers of our industry, completing against hundreds of real estate agents across Australia.

So if you are thinking of selling, contact Jeremy on 0418 244 601 to receive award winning service and results.

It's Offical

PRDnationwide Dapto has collated all the results using EAC Red Square in 2010 and once again we have claimed the #1 selling agent in the Dapto area.
Congratulations goes to all the sales team:
* Greg Pollard, Sales Manager
* Tracey McDonald, General Manager
* Jeremy Tillman, Sales Executive
* Nardia Guillaumier, Sales Co-Ordinator
2011 will see the Dapto office releasing some exciting new concepts and should you be thinking of selling, contact 42613333 to organise your free, no obligation appraisal.

Real Estate a popular search on...

‘the spirit of the times’), Google has revealed the top Australian web searches for 2010.

The term ‘real estate’ ranked seventh behind well-established websites including Facebook, YouTube, Google itself, eBay, Hotmail and Yahoo.

Will Easton, Sales Industry Lead at Google, says: “Australians are online and they’re looking for your brand and your business … you need to be online to respond to their interest and convert these consumers into customers.”

Google’s top 10
Facebook
YouTube
Google
eBay
Hotmail
Yahoo
Real estate
Maps
Commonwealth
White Pages

Source: www.reinsw.com.au 11 Jan 2011

St George lends a hand to First Home Buyers

St George Bank will recognise rental payments as evidence of genuine savings, assisting first home buyers to acquire finance.

Mortgage broker Loan Market welcomed the move, saying it will provide a much-needed boost to the property market.

“Higher interest rates, tougher lending conditions and the end of the boosted Federal Government grant at the end of last year have driven first-time buyers out of the market,” says Dean Rushton, Chief Operating Officer at Loan Market. “But if rental payments were taken into consideration as a factor in assessing genuine savings, that would enable many people to pursue the dream of home ownership.”

St George will accept rent as a form of savings for a home deposit provided there is evidence of a minimum of 12 months’ continuous, satisfactory rental history and the property is leased through a licensed property manager, according to Dean.

Source: www.reinsw.com.au 19 Jan 2011

Wanting a Career in Real Estate?

2010 In Summary

What a year 2010 has been. Here is a snapshot of what has occurred in the property market this year

INTEREST RATES

With interest rates reaching all time lows last year, 2010 has seen a number of steady interest rate rises with the official interest rates being increase from 3.75% to 4.75%. These interest rates have certainly not gone unnoticed in the property market, however whilst some say they are high, this rate is about what the average has been for the past 10 years.

CHANGES TO STAMP DUTY
Vacant blocks of land
In July 2010 legislation was passed to exempt any person purchasing a block of land from stamp duty if they commence the foundation work on the block of land within 26 weeks of settling on the land and as long as the building is completed within 18 months of the commencement of the foundations.

BUILDING INDUSTRY CHANGES
Pre-construction stage
• Stamp duty was cut to zero for off-the-plan home purchases worth up to $600,000 – a saving of up to $22,490.
• The zero stamp duty only applies prior to any construction commencing on house and land packages or new apartments.

Under construction
• Stamp duty will be cut by 25 per cent for people buying a newly-constructed home worth up to $600,000 – a saving up to
$5,623.
• The 25 per cent stamp duty cut applies to home purchases made at any time during the construction period, or at
completion.

First home buyers
• First home buyers will also be eligible for these stamp duty cuts, giving them total benefits of up to $29,490
• They will still be able to access the NSW Government-funded $7000 First Home Owners Grant as well as the NSW
Home builders bonus.

Empty-nesters
• Stamp duty for people aged over 65 will be cut to zero when they purchase a newly constructed home worth up to
$600,000 – a saving up to $22,490.
• This will only apply to people aged over 65 selling their primary place of residence and moving to a newly-constructed
home, to encourage down-sizing and to encourage the regeneration of the state’s housing stock.

WEST DAPTO DEVELOPMENT PLAN

• We have seen some positive development moving forward with the West Dapto plan. You may have noticed the
commencement of the road at the intersection of Fowlers and Prince’s Hwy. The increase in employment opportunities
as well as the increase in infrastructure will have positive effects on the Dapto property market. We look forward to
further developments on the West Dapto Plan in the new year

NEW LAND RELEASE IN MAY 2011

• PRDnationwide Dapto is pleased to announce we have been appointed exclusive selling agents for the new 80
residential lots in Kanahooka. This estate will be known as ‘Brooks Terrace’ and will have a desirable north east aspect,
views to Lake Illawarra and will be released in 3 stages commencing in May 2011.
Registration of interest is now being taken which will give you the opportunity to secure a lot prior to all lots going to
market.
To register your interest email greg@prddapto.com.au or call 4261 3333.

HAYWARDS BAY PROGRESS

• As you may have noticed the latest promotion of ‘Buy now - Pay later’ resulted in the sale of 11 of the 12 lots in Bayview
Avenue and Haywards Bay Drive being snapped up by keen purchasers on our extensive database.
All of them have the same dream, not only to build their new home, but to become a part of the Haywards Bay culture.
Our Sales Manager, Greg Pollard, has been managing the sales and is extremely pleased with the progress of this
estate and has now released another 4 lots in Haywards Bay onto the open market. Lots 408 - 411, land size being
720m2 and priced at $335,000 per lot.
If you know anyone wanting to secure their place in Haywards Bay then now is their chance. Call Greg Pollard on
4261 3333 or email greg@prddapto.com.au.

NEW RESIDENTIAL TENANCY ACT 2010

The new 2010 Residential Tenancy Act has finally been passed and will come into effect 31st January 2011. This legislation has been very controversial and we will be providing full details on these changes to our landlords in the coming weeks. if you are not a current landlord and would like these details on the legislation changes please contact Laura or Tracey (02)42613333 or email your questions to laura@prddapto.com.au

Thanks to all our valued clients again for a great 2010.

Tracey McDonald, Greg Pollard, Daniel Lambert, Jeremy Tillman, Nardia Guillaumier, Karissa Anstee, Annette Tillman, Laura Matthias, Lisa Bedford and Joanne Hayward.