Breaking News: RBA keep cash rate at record low of 2.5%.
Posted on 29 Apr 2014, 12:19 p.m. in News
Congratulations Myles, you have certainly made Karen Herbert’s Abercromby’s experience memorable. Well done.“As we are rebuilding our house this was my first experience at locating a rental property for my family. I just wanted to let you know about the exceptional service provided to us by Myles. I saw many properties, but on more than one occasion when a property was supposed to be open for i…nspection, the agent either never turned up or didn’t return any of my calls and it was a frustrating experience. Then I came across a few properties where Myles was the agent, not only did he suggest other suitable properties around the area, he met me at a particular time at each property and was so obliging and unbelievably helpful and patient. I did not come across this service with any other agency whatsoever. I have three small children so it was difficult to try to get to many properties. He even allowed me to view this property three times as my husband had not seem it the first time and I also wanted to measure up a couple of areas. I believe it is important to provide positive feedback where it is due and Myles certainly deserves this praise. I would not hesitate in recommending Abercromby’s and in particular Myles to any of my friends or family looking for a reputable agency” – Karen Herbert
Jock Langley outside 1 Harcourt Street, Hawthorn East. Source: News Corp Australia
TOO often high-end homes in Melbourne fall into two categories: the fantastic and the garish. But while there’s no accounting for taste, as they say, some high-end properties fail to find a buyer because they simply are not suitable for a family home. Read More..
Tim Derham from Abercromby’s motivates bidders at 18 Seymour Avenue, Armadale.
Home buyers purchased three out of four properties put to auction in Melbourne on Saturday as the market easily absorbed a big increase in listings.
Population growth pressures and strong demand for homes near schools and transport are boosting sales and setting the scene for further house price growth, especially in the inner suburbs. Read more..
Over the past six months, Abercromby’s has experienced a resurgence of buyer confidence. As Victoria’s foremost luxury and lifestyle specialists, 40 per cent of our sales over the past few months have been in excess of $3 million. In fact, a number of these sales exceeded $6 million.
Our expert sales staff, diligent support team and individualised approach to every vendor’s home seamlessly combine to achieve outstanding results. Currently, our sales success rate is just shy of 100 per cent.
This underlying confidence is encouraging owners of premium and unique homes to place them on the market. These quality offerings are then being swiftly purchased off-market, prior to auction and on auction day with multiple competing bidders.
Nationally, unemployment is on the rise and currently sits at 6.0 per cent. Experts suggest that recent job losses at Holden and Qantas do not reflect a softening economy, but rather, businesses making structural improvements. Leading economists predict that unemployment will peak in the coming year, followed by strong business expansion and job creation.
In March, the Reserve Bank of Australia decided to keep the cash rate at a record-low 2.50 per cent. The RBA Governor Glen Stevens said that low interest rates have started to stimulate the economy, and that an extended period of low rates will encourage an increase in non-resource sector investment. The Australian economy grew in the December 2013 quarter by 0.8 per cent.
Helping exporters return to profitability, the depreciating Australian dollar is also driving demand by foreign property buyers who are investing strongly in both residential and commercial markets. Buyers from mainland China are especially active, attracted to Australia’s continual supply of quality property stock and economic stability.
An independent partnership driven business, Abercromby’s sets itself apart from the competition with a premier service that is both discreet and completely confidential. To learn more about our exclusive, prestige offerings, please call us today on +61 3 9864 5300.
The residential real estate market has continued on from where it left off at the end of 2013.
Interest rates remain low, more buyers have entered the market place and competition is strong at auctions and private sales alike. Some notable properties we have on offer include:
• 82 Caroline Street, South Yarra
• 25 Manning Road, Malvern East
• 22 Kardella Street, Malvern East
• 231 Burke Road, Glen Iris
• 3/430 Glenferrie Road, Kooyong
• 40 Clarke Street, Prahran
• 27 Barry Street, Kew
• 6 Dickens Street, Elwood
• 484 Purves Road, Main Ridge
• 485 Meakins Road, Flinders
If you are looking to sell or buy, quietly and discreetly contact one of our team on 98645300 to discuss your real estate matters further.
10/144 George Street, Fitzroy.
Just a quick reminder that this property is going for auction tonight Whether you are interested in purchasing this property, attending to gauge comparative values or just out of neighbourhood support. Either way, we would be happy to provide you with any further information and look forward to seeing you there!
The Reserve Bank of Australia has kept rates on hold at 2.5% today, for the sixth meeting in a row.
Last month Glenn Stevens said that since the last meeting of 2013, there had been information on the global economy consistent with the growth having been a bit below trend, but with an expectation of a pickup this year. Read more...
The residential real estate market continued to show growth in the later months of 2013.
The RBA have again decided to leave interest rates on hold after their first meeting of 2014.
Abercromby’s have listed some quality residential homes for the first quarter of 2014 and we expect to continue to see solid performances in the inner suburbs of Melbourne.
Some notable properties include:
• 62 Park Street, South Yarra
• 2a Redcourt Avenue, Armadale
• 218 Kooyong Road, Toorak
• 33 Rockley Road, South Yarra
• 65 Heyington Place, Toorak
• 67 Beaver Street, Malvern East
• 907/150 Clarendon Street, East Melbourne
If you are looking to sell or buy, quietly and discreetly contact one of our team on 98645300 to discuss your real estate matters further
The RBA has announced that rates will stay on hold http://ow.ly/tfDnZ
Rich in architectural integrity, equally memorable for its contemporary renovation, this landmark residence achieves a brilliant balance of indoor luxury and outdoor allure throughout a series of superb spaces. It features in The Weekly Review this week
As F. Scott Fitzgerald wrote, the very rich are different from you and me. For one thing, they live in much bigger houses and so have less opportunity to get on one another’swhen it comes time to sell those houses – what regular folk like to call mansions – there’s more of a how-to-do than just bunging a few photos online and labelling the place with ”a touch of class”.
The renovation of East View, a grand Victorian mansion in Malvern East,
Victoria, was never going to be easy. But for Janene Young and her
family it was a challenge they were willing to take.
An interior designer by profession, Janene Young was the perfect candidate to manage the immense task of renovating East View – her company Inhabiting Flair specialises in “transforming private homes into welcoming and comfortable spaces that suit modern day living without foregoing the character and integrity of the traditional features that anchor and give soul to the residence,” she explains. But the huge overhaul was always going to be a big commitment in time, funds, energy and emotion.
Built in 1894, East View is an expansive two-storey Victorian home located in the Gascoigne Estate in Malvern East. The Young’s purchased the property in 1999 and began the renovation two years later, which would be done in two major stages and eventually completed in 2009.
We would like to take this opportunity to thank all our valued clients for their on-going support in 2013 and wish everyone a very happy and safe Christmas.
May 2014 be a wonderful year for you all and we look forward to assisting you in any real estate matters you may have.
Please note our office will be closing for Christmas at 12noon on Tuesday the 24th of December and re-opening at 9am on Thursday the 2nd of January
Abercromby’s Real Estate is always on the look-out for, and ready to employ, experienced sales people who have a proven track-record of success.
Our family-oriented company is firmly ensconced within the niche luxury markets of Stonnington, Boroondara, Port Phillip and Yarra, as well as the premium rural and seaside lifestyle property market.
Not only does our boutique size provide the pinnacle of service and outstanding results to our exclusive clients, it is the ideal workplace where flexibility, training and leadership pathways are readily available.
Are you at a point in your successful career where you want to focus on new challenges and advancement? Are you a dynamic and friendly team player who has established an effective network and database of long-term clients?
If this describes you, then it’s time to step up to a role which will position you at the peak of the real estate industry. Working alongside elite clients who expect only the best, our directors will provide you with the support to succeed and you will forge an exciting future.
Please contact Andrew Harlock on 03 9864 5300 if you would like to discuss these opportunities further.
This elegant four bedroom, two bathroom sub Georgian Revival townhouse at 59 Marne Street, South Yarra will be auctioned this Saturday at 10.30am. It features in The Weekly Review this week.
Sublime Design In A Highly Sought After Setting
62 Park Street, South Yarra
Rich in architectural integrity, equally memorable for its contemporary renovation, this landmark residence achieves a brilliant balance of indoor luxury and outdoor allure throughout a series of superb spaces – flexible, family focussed, beautifully appointed and linked by lift access to three levels.
Inspection Times: Sat 7th Dec, 11:00am-12:00pm
Hugh Hardy 0407 339 807
Jock Langley 0419 530 008
- AustCham Singapore Business Connects
- Abercromby’s. Aim True.
- Maddie’s Shield #3 Celebrity T20 Match
- Happy Holidays
- Treasure Chest Charity's "Touch of Red" lunch.
- 2018 Melburnian of the Year
- Village Luxe Launch
- Sir Robert Menzies’ Kew home looks for popular vote at auction
- A piece of Barwon River frontage has sold at private auction.
- Sam Goddard: The real estate director also a women’s AFL coach
- You know the expression, 'bigger than Texas' ? This place is that to a T.
- The Outback Car Trek Raising Funds for the Flying Doctor
- Middleton - A celebration of light and space.
- Dream Home | 371 Highett Street, Richmond
- “Domaine Lane” Cocktail launch
- Meet Director Sam Goddard - Domain Rising Star Winner 2017
- House of the Year honours in 1993
- Auction Highlights
- Domaine lane...Coming Soon
- The Abercromby's team are very proud to be offering 'Evans Court Estate' to market - A truly unique offering!
- Christmas Holiday Period
- Coast & Country
- General Interest
- Just Listed
- Luxury & Lifestyle
- Market Updates
- Property of the Week
- RUN Melbourne
- Coast & Country
- Tim Bennetts
- Sam Goddard
- Jock Langley
- Main Ridge
- The Age
- The Weekly Review
- Interest Rate
- The Australian
- South Yarra
- Hugh Hardy
- Abercromby's Real Estate
- Andrew Harlock
- Expression of Interest
- Malvern East
- Glen Iris
- Open for Inspection
- Kate Cusack
- Tim Derham
- James Report
- Market Update
- East Melbourne
- Agents Choice
- Weekly review
- Jeff Gole
- Port Melbourne
- property management
- Simon Hicks
- Sales Market
- Interest Rates
- Luxury Properties
- For Sale
- Howthern East
- Myles Crowhurst
- Rental Market
- WAN house of the year
- Private Auction
- Mont Albert North
- Private sale
- Financial Times
- New York
- Rio De Janerio
- Valentine's Day
- House & Garden
- Abercromby's Melbourne
- the period home renovator
- New York Times
Tweets by AbercrombysRE