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Whitord – Geelong Property News: The Reserve Bank of Australia has handed down another interest rate decision. For the ninth time in a row, they’ve kept interest rates on hold at 4.35 per cent. But this time around, the RBA made a massive pivot. For the first time in years, the Reserve Bank hinted at a coming interest rate cut.
In its statement, the RBA noted that growth in output has been weak. It noted that wage pressures have eased. It said incomes and consumption have recovered slower than predicted. More importantly, the RBA said that inflation has eased and is moving to target. This is code for a coming rate cut, and frankly, it’s about time. This will be a game changer for the real estate market in 2025. Bring it on……
John Moran
Director
395 Shannon Avenue, Newtown - An entry level property in Newtown. Boasting three bedrooms, one bathroom, a kitchen with meals area and separate lounge and a single garage.
91 Nicholas Street, Newtown - Office space in a high traffic location. With floor space of 112m2 (approx.) boasting a reception space, office, bathroom and kitchenette.
Lovely Banks - Exceptional luxury combines with spectacular spaces to offer you this unique residence that is private, exclusive and quite simply breathtaking. Six bedrooms, four bathrooms, multiple living and entertaining zones, pool, jacuzzi, sauna, cinema room, tennis court and three car garage. This home has it all.
3/9 Hermitage Road, Newtown - This perfectly located property boasts two bedrooms, two bathrooms, a single garage and a north facing courtyard. A great entry level home or investment.
21 Huntingdon Street, Newtown - A high end home in a quality street. Boasting a flexible floor plan of three or four bedrooms, two bathrooms, multiple living and entertaining zones, a pool, a double garage from the rear lane and off street car space from the front.
2/57 Waratah Street, Geelong West - This sleek two storey home in the heart of Geelong West screams low maintenance and convenience. Built in 2015 with quality finishes, featuring three bedrooms, two bathrooms, two living areas, outdoor courtyard and a single car garage, this one is sure to impress.
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