Welcome to the August edition of Property Matters.

Recent snow in the region has seen plenty of 'snowmen' appearings on the sides of the road between Bathurst and Lithgow, however the cold snap hasn't dampened demand for rental properties with vacancy rates still hovering around a very low 1.8%.

As well, we are now seeing signs that recent interest rate cuts are starting to have an impact on the market with July recording the highest volume of sales so far this year.

Many experts are predicting a future cut in interest rates prior to Christmas, we'd have to "watch this space"...

We hope you enjoy this edition!

_______________________________________________________________________________________________________________________________________________________________________

Real Estate updates

House prices across Australia show signs of recovery...

Australia's property landscape is brightening, with new data confirming the fall in national prices is easing. Domain's quarterly House Price Report, released on Thursday, reveals prices have experienced modest growth in...

ghgng

Bathurst is listed as one of the BEST regional NSW areas for property investment in 2019!

"Regional markets in NSW with the right mix of growth indicators are likely to continue to outperform the big capital cities into 2019"...

read more >

ghgngn

More confidence in property markets across regional Australia but local factors key...

With the combined capital cities posting a 0.4 per cent drop in house prices over the quarter, and a 6.4 per cent drop over the year, how did...

read more >

ghgngn

Average Aussie families can now borrow $60K more thanks to APRA changes

Prudential regulator APRA's decision in July to remove the 7% floor on mortgage serviceability assessments will help underpin better conditions for borrowers and the property market...

read more >

_______________________________________________________________________________________________________________________________________________________________________

Local News

The Bathurst Explorer Bus launched this week! We are proud to sponsor this exciting new tourism focused bus, offering a 7 day a week hop on, hop off service. The Bathurst Explorer travels around the CBD area of the city, showcasing everything Bathurst has to offer including parks, gardens, museums etc. It's a convenient way to see everything and learn along the way with great commentary, marking yet another first for the Bathurst region!

The Bathurst Explorer Bus starts 10am daily. Each loop covers more than 20km and takes approximately 1 hour. There are 5 loops a day, 7 days a week, 51 weeks a year. Hop on, or off at any stop. Buy a ticket online, at the Bathurst Visitor Information Centre or on the bus.

read more >

_______________________________________________________________________________________________________________________________________________________________________

Smart and Sophisticated

hnhhgnjjjjj

hnhhgnjjjj

2019 Tile Trends you need to know...

Kitchen and Bathroom tiles add the final touches to of our home, but if you were to renovate, what kind of bathroom and kitchen tiles...

read more >

Living in the country, we love that extra touch of nature indoors...
Solid timber is a great investment when incorporating it within an interior, whether it be custom joinery, timber floors...

read more >

How to avoid budget blowouts on your reno...

From planning, to buying everything before you start, to working with your existing floorplan, here are some key tips...

read more >

_______________________________________________________________________________________________________________________________________________________________________

Office News

Major restructure of our Property Management Department

We are delighted to announce a major restructure of our Property Management Department aimed at improving thquality of service we provide our clients and, in turn, reducing the work load of our Property Managers.

So what's changing?
We are engaging two new Property Managers, Christine Williams (on the right) and Angela Massay, currently our Repairs Manager. This change will effectively reduce the size of our current Property Managers' portfolios by almost 30%.

This will free up significant time to ensure that our Property Mangers are better equipped to respond to the ever changing demands of their role and, in turn, provide you with a high level of service.

ghgng

Proudly supporting Jeans for Genes Day...

Jeans for Genes Day is always a significant day of our year. A date marked in our calendars as we look forward to support this tremendous cause.
Last Friday, we wore our favourite jeans and came together to donate and support the Children's Medical Research Institute to help find cures for children's genetic diseases.

"Giving is not just about a donation. It's about making a difference" - Kathy Calvin

We are proud and humbled to play a small part in the treatment and prevention of childhood diseases affecting more than 160,000 children around the world.

If you didn't have the opportunity to support Jeans for Genes Day, just click here to make your donation!

_______________________________________________________________________________________________________________________________________________________________________

From the Blog

	hnhhgnjjjjj
Australia's largest passive home: the groundbreaking home that will change the way we build In essence, the houses are sealed completely to allow in and out only the correct amount of hot or cool air to maintain a consistent, ideal temperature, generally about 23 degrees. This is done through everything from correctly orienting the house to using... read more >		Did you negotiate the best home loan rate? The typical Aussie homeowner is wasting $900 every year on payments they could have avoided, with the wastage totalling billions, new research shows. Aussie property owners are wasting about $900 a year on unnecessary home loan payments by failing to seek out a better rate. read more >

_______________________________________________________________________________________________________________________________________________________________________

Raine & Horne Bathurst
197 Howick Street, Bathurst NSW 2795 | Phone: 02 6331 6555 | matt.clifton@bathurst.rh.com.au

View all our listings at https://www.raineandhorne.com.au/bathurst

_______________________________________________________________________________________________________________________________________________________________________

Property Matters, August Newsletter