The Residential Tenancies Act 2010

Changes in The Residential Tenancies Act 2010 become effective on 31 Jan 2011. These changes will affect both Owners and Tenants alike.

RBA Reprieve for December 2010

Based on the release of economic data last week showing that the growth in the Australian economy has fallen behind many of the world's advanced economies and consumer data released last week also showed the biggest drop in retail sales since July 2009.

Each 0.25% interest rate rise adds another ~$50 to the monthly cost of an average Australian mortgage. The official interest rate is now 4.75%.

Mortgage holders on variable interest rates are being charged a standard variable rate of around 7.83% by their lenders.

Rates will now remain on hold until at least February 2011.

Dedicated Energy in Changing Market Climate

Alot of positive energy from today's interesting seminar. Good attitude, good service and good outlook.

Continual Professional Knowledge

Agapi Lianos is looking forward to attending the "Attitude 2011" seminar to build on her knowledge base and continue to hone her skill set.

Interest Rates Increased by 0.25%

The Reserve Bank has increased interest rates by 0.25%. This is the 7th increase since Sept 2009. Mortgage holders of average $300,000 loans are now paying approx $350 a month extra for their mortgages than they were paying in mid 2009.

Eastern Suburbs Real Estate Social Media Marketing Program now underway.

Eastern Suburbs Real Estate has introduced Social Media Marketing to assist them in providing a higher level of service to their clients.