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Whitord – Geelong Property News: National Australia Bank has brought forward its prediction for the first rate cut from the Reserve Bank to February next year, this will improve confidence for both buyers and owners. NAB has been an outlier among the big four banks in recent months, conservatively looking towards next May as the most likely time for a rate cut from the RBA.
Its revised cash rate forecast this week, however, follows confirmation last week that headline inflation has fallen to its lowest level since August 2021. The Reserve Bank is playing its cards close to its chest when it comes to whether it will slash interest rates to match, Westpac, ANZ and NAB are predicting cash rates of 3.35%, 3.60% and 3.10% respectively at the end of the cutting cycle. Commonwealth Bank is also forecasting 3.10% but is expecting the first rate cut to come in December. The good times aren’t far away…….
John Moran
Director
7 McAuliffe Drive, Fyansford - This 350sqm (approx.) allotment in the heart of the original Gen Fyansford Estate, close to all of the amenities existing and planned for construction is ready for those looking to build their dream home.
7 Bostock Avenue, Manifold Heights - Set on approx 860m2 and having just completed a full renovation and extension, this stunning family home offers 4-5 bedrooms, 2 bathrooms, stunning kitchen, two living areas and a 3 car garage! Great alfresco deck and lots of rear yard for kids to enjoy. Move in & start living in the house you’ve always dreamed of!
64 Victoria Street, Rippleside - Enjoy a low maintenance lifestyle in a stunning contemporary build located on Geelong’s prestigious waterfront and with no owners corporation fees to worry about ! Boasting a flexible floor plan of two or three bedrooms, two beautiful bathrooms, reverse open plan living / dining and three entertaining zones, of which two have water views! Double garage with internal access.
Queens Park - Architecturally designed to take advantage of its elevated views, featuring two bedrooms, two bathrooms and a study.
Newtown - Spacious three bedroom single level townhouse within a short walk of Pakington Street and Stinton Avenue Shops. Featuring quality kitchen, two bathrooms and double garage.
1 Michael Court, Grovedale - This immaculately kept single-level brick property is the perfect family home. Sitting on 748sqm(approx.) and boasting four generous bedrooms, main with ensuite and walk-in robe, two living areas plus a study, providing additional flexibility in what is already a great floorplan.
119 North Valley Road, Highton - Nestled in a coveted blue chip pocket of Highton, this four bedroom home offers a rare opportunity to indulge in breathtaking views of Geelong.
114 Sunset Strip, Jan Juc - Just under 1 acre of privacy this brick home comprises 4 bedrooms, the main with ensuite and dressing room, multiple living areas including open plan kitchen, dining and family room.
Whittington - Neat 3 bedroom house on huge 995m² block with subdivision potential on a quiet Whittington Street.
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