Seven Hills Real Estate and news for the local area

This blog is here to give you first hand local information about real estate and local issues in the areas of Seven Hills with a special focus on Toongabbie and Kings Langley.

How to prepare for buying a house

No mat­ter what the pro­ject ahead involves, pre­par­a­tion is always the key. This is so true when buy­ing a house as there are so many issues to under­stand and a range of ser­vice pro­viders to deal with. There are basic­ally 2 options avail­able to you as far as pre­par­a­tion goes:- 1.    You engage a Buyers […]


May Real Estate Market Update Girraween NSW Area

Another bust­ling month in real estate saw another 20 prop­er­ties sold by the team here at Eld­ers. Sev­eral prop­er­ties saw sen­sa­tional res­ults with one par­tic­u­lar home at 29 Andrews Avenue, Toongab­bie attract­ing 76 buyer inspec­tions to the first open home and selling for $106,000 above the pro­moted price. Another prop­erty at 54 Gilba Road, Girraween […]


Facts, house prices sky high, mortgages and government levies

The ‘it’ topic of the moment is house prices. Every­one is dis­cuss­ing the cur­rent trends in prop­erty prices, selling or buy­ing, mort­gages and everything to do with this topic. Every­one has an opin­ion but here are some of the facts relat­ing to the cur­rent state of the hous­ing mar­ket. These are also good point­ers for […]


Why Most Real Estate Agents Don’t Back Up What They Say?

Some agents are not will­ing to back up their word I recently came across some people online com­plain­ing about real estate agents, telling sellers that they can get them a price for the prop­erty above their expect­a­tions, but not will­ing to back it up in their com­mis­sion struc­ture. Hon­est agents don’t par­ti­cip­ate in over­pri­cing Here is […]


How to get the family having fun when selling your property

Mov­ing home can be an emo­tional time for all the fam­ily. Pack­ing up memor­ies, say­ing good­bye to friends, and the daunt­ing task of mak­ing new ones. How­ever there are some ways to make this a fun and excit­ing time in your family’s life. I will share with you some tips, activ­it­ies, and mind­sets to help you […]


Property Mortgage Update And Housing Affordability In NSW

Interest Rates and the big 4   The purple line in the chart below indic­ates that vari­able home loan rates mir­ror the stable RBA cash rate. There has been not much change over the last 6 months. You will how­ever see that both kinds of fixed rate mort­gages have to a small extent increased over the last […]


Do real estate agents lie?

Are real estate agents hon­est, do they bend the truth or are they just try­ing to do the job without being sued? Some­times I won­der why real estate agents have con­sist­ently had a bad repu­ta­tion over many years. In my exper­i­ence of work­ing for dif­fer­ent real estate agen­cies I have come across the good the bad […]


Things that make you go Hmmmm — NSW Stamp Duty

One of those things that make us all think Hmmm is NSW Stamp Duty. Par­tic­u­larly the duty that is levied on our res­id­en­tial prop­erty. Our trans­fer of stamp duty is based upon a pro­gress­ive tax sys­tem where cheaper prop­er­ties incur a lower rate of tax and more expens­ive prop­er­ties incur a higher rate of tax. Some […]


Have Fixed Rates Hit The Bottom Of The Cycle?

I have noticed an inter­est­ing pat­tern in one of the recent interest rate charts. This is slightly dan­ger­ous ter­rit­ory because the past is obvi­ously not a pre­dic­tion of future rate dir­ec­tions. How­ever, this pat­tern does seem to apply at least since the begin­ning of 2009 (when this data series com­menced). The 3 year fixed rate […]


Sydney house prices are depressing.….. (part 2)

1.       Life style. How you want to live? House or shoe box? Some people have said “Embrace apart­ment liv­ing. The time of afford­able detached houses is over. I would def­in­itely live in a shoe box with my wifey and some cats,” but oth­ers say “I want a garden and a chook run Not sure I’d be […]


Sydney house prices are depressing…? (Part 1)

Think of the Gen­er­a­tions: Will they be able to afford a home? I see many people com­ment­ing on for­ums say­ing “Sydney as a whole is way over­priced for what is selling” and oth­ers said “I really feel for young­sters (I’m in my late 50s) just start­ing out who want to buy, and may never own a […]

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