Newspaper article The Northern Star (Lismore, Australia)

Real Estate Bites

Newspaper article The Northern Star (Lismore, Australia)

Real Estate Bites

Article excerpt

* Three North Coast designers won awards at the NSW Building Designers Association awards which were held last weekend. John Bath from Ballina won a commendation for a family house he designed at Lennox Head while Skennars Head designer Neil Waldron won the category for residential alterations and additions costing more than $200,000 for a renovation in Fernleigh. In the low density, multi-residential category for up to six dwellings, Michael Schafer of Kingscliff was the winner. Winners of the state category will go on to compete in the national awards.

* Good news for home owners considering selling. Figures released by the REIA Mortgage Choice Real Estate Market Facts show that over the June quarter the Australian weighted average median house price for a three bedroom home increased by 5.1 per cent to $458,448. This strong surge compares with a decease of 0.7pc over the whole year.

* Property investors are gearing up to buy when competition from first home buyers abates after the FHOG Boost runs out later this year. …

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