Our Backyard – Anglesea

Welcome to Anglesea. 

This week Joe Hockey proposed an idea that first home buyers could dip into their superannuation to fund first home deposits.

The options with superannuation investment are basically the share market or in the bank.

Residential property has returned approx. 11.1% per year taking into account capital growth, rents, costs of ownership and maintenance.

The share market has returned a very similar percentage of approx. 11.3% including capital growth and dividends.

So with not a lot of difference, it stacks up as a worthwhile investment allowing younger people to get a head start in the property market, along with the security and excitement of having a home.

Not surprising that being a real estate agent I fully support the move and think it would be a great initiative!

Paul Keating will not be happy with me or the many companies that make a lot of money from fees managing superannuation funds.

And speaking of politics – Jeff Kennett is still feeling very proud of stealing the Grand Prix and bringing it to Melbourne.  If you prefer the sound of a crashing wave, head to the coast and check out some of our great properties.

If you didn’t think you were ready for a property purchase, you never know what legislation changes could pop up and change everything for you!

Have a wonderful weekend, we have some fabulous properties for you to consider. See you at the open for inspections.

Sale of the Week!

Listed and SOLD in one day off market! Harvey Street – $1,450,000.

First Home Buyers and Investors – Properties of the Week

–          57 Fraser Street, Anglesea $525K

–          5 Betleigh Street, Anglesea $575K

OPEN FOR INSPECTION
SUNDAY 15TH MARCH

5 Fourth Avenue 11:00am-11:30am
80A Melba Parade 12:00pm-12:30pm
5 Betleigh Street 1:00pm-1:30pm
43 Pickworth Drive 2:00pm-2:30pm

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