Territory Stories

The Centralian advocate Fri 3 Mar 2006



The Centralian advocate Fri 3 Mar 2006


Centralian Advocate; NewspaperNT




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Community newspapers; Northern Territory; Alice Springs; Tennant Creek (N.T.); Newspapers; Alice Springs (N.T.); Australia, Central

Publisher name

Nationwide News Pty. Limited

Place of publication

Alice Springs


v. 59 no. 82

File type



Copyright. Made available by the publisher under licence.

Copyright owner

Nationwide News Pty. Limited



Parent handle


Citation address


Page content

., ;.' .:. ',:.:.;,',,;.: ':';';';';';':"I;,;,;,;,;t;'~";'~9;1;9;;;'~;';';'t ~i;;~~W~I.Q:"~~*"''~''"''"'" ................... :. "',""/Wli?~"Ii"" I ~mAJL JE'~AiivCGi1tiEm)i'-~"'" MAAdiiii;;';~'r'~~ What they're paying Median values in Australian capital cities: Sydney: $518,000; Canberra: $409,500; Perth: $363,000; Melbourne: $348,500; Darwin: $344,000; Brisbane: $332,000; Adelaide; $303,000. Source: Aus.tralian Property Monitors .~~ Termite Inspections .~ Pre~Purchase Inspections .~. Termite Detection Dog .. \. Termi~ Trac Machine .~ Te'rmite Baiting Systems A\1~lccce ]P)ce1t CCO)]1111tJrC()]1 For your peace oj mind ]P)]hl ~8J~);l ]lLj~]l lie LAND AND BUSINESS AGENTS Phone: 8953 8444 293 NORTH STUART HWY www.paulhasseH.biz Wendy Hassett 0419 995 800 Paul Hassett 0427 538 444 , NEW LISTING 1 3 Driver Court OPEN SAT $335,000 lAS - 2.15 pm ~he;e3 w~e~~~g~;r~iv: b~7rt ~~c~~b~~I~~g~hee kitchen is new and gorgeous & has new ~~~~ia~~;~emOP:i~c~I~~Ui~~~~~, & ~~g~s~~~ heating & gas outlet. There a 2 great lock up sheds & a garden shed surrounded by pretty gardens at the front & yard at the rear. .. ' ' NEW LISTING . ' 11/43 Kurr"'ong Drive OPEN SAT $205,000 9.~5-10.15am 2 bedroom townhouse In excellent development. with the following features: new stainless steel oven & cooktop, toilet downstairs as well as the family bathroom. ~~~~~;t, ~rsi~Tr ~~~~n:vdap~~i~~i!bl~hsuht!~{~ courtyard garden overlooking the park. ,,' STUNNING & VERY LOW MAINTENANCE . 1/23 ZEIL ST OPEN SAT $325000 10.30 -11.00 am This b;autifully presented large duplex has a preferred north south aspect and views at the front. There are 3 bedrooms with built in robes and an ensuite to the master. The separate lounge & dining are fully tiled and the kitchen has a walk in pantry, gas cooking & dishwasher. The stunning full length verandah is covered & wide plus a paved entertaining area with spa, WILL SUIT THE ENTERTAINER 164 WOODS TCE OPEN SAT $320,000 1.00 -1.30 pm Here we have a quality 3 bedroom home with ~ndnro~~~rk\~~~~~t~he~!gis fl~~ f~aUng~i~~~ tiled rumpus room, new airconditioning. Outside are reticulated gardens, inground Olympic sized trampoline, 14 person spa, large shed with car access and fabulous outdoor entertaining. Inspection a must. SOUGHT AFTER OLD RACECOURSE AREA 7 MADIGAN ST OPEN SAT $ 31 0,000 11.00 - 11.30 am Features 3 bedrooms, lounge/dining, large office with rIc aircon. Great outdoor living area ~~~~ ~rr~~;UB.a. u~~e:cho~~ra~~ ~~~ki~~ ~~ four cars . . VERY NEAT & TIDY - EXCELLENT STARTER HOME 10 LANDER CRT OPEN SAT Make An Offer 12.00 - 12.30 pm Come and have a look at this excellent 3 bedroom home. There are built in robes, it has been freshly painted throughout, o~en r~~~ ~~~n~:~ d~~~c1,t~~~, ~r~el ~a:i~a~e~ Very well presented and neat gardens that are fully fenced. Would make an excellent investment property. $215,000 . Set back on a great block is this very cute 1 bedroom home, big open plan lounge dining & kitchen with bathroom & laundry off the bedroom. sIs air con and shed also. EXCELLENT SHED AND 3 BEDROOM HOME ' ' 32 Van Senden Avenue $265000 LocateJ in the 'gillen a1'ea this' ex commission -home is solid and, certified. All bedrooms have built in robes, there'is a family bathroom with sep bath and shower, lovely timber kitchen with pantry & gas cooking, superb shed with office, pit & workshop, grassed area and built in bbq & full length covered verandah. . " ExpreSSIons of Interest Sought Alice Hat and Clothing Shop _ . Located in Todd Mall opposite tourist resort & In the CBD we an excellent opportunity to secure a well Prices on way back A USTRALIA could be on the cusp of a second housing bubble, with tpe strongest resurgence fn property prices for two years. Each of the capital Cities rebounded in value in the past three months, edging steadily higher on the previous quarter. Brisbane prices rose 2.3 per cent to be almost 3 per cent higher over the year. The strongest rises were recorded in Perth and Darwin, but economists considered both cities were already coming off lower prices. Sydney was the surprise, with prices in the city already considered the most overpriced and expensive rising 1 per cent. The Australian Bureau of Statistics found the leap still left Sydney values nearly 4 per cent lower than this time last year. Melbourne rose 2.3 per cent in the December quarter. The cost of a house in Great family hame or future development site "The principal reason why consumers sewed up their wallets was house prices. "Previously, consumers were happy to spend up big, knowing their wealth was rising with the value of their house." House prices are rising again after buyers stitched up their wallets when the housing bubble burst two years ago. The RBA has been credited with bringing the housing boil back to a simmer with a staggered series of interest rate rises. It last adj usted rates upwards in March last year to the current figure of 5.5 per cent. But the bank has warned this week that another rate rise is imminent, particularly if inflation rises past 3 per cent. Adelaide increased 1.1 per cent and Hobart gained a further 1.8 per cent. The results surprised some economists with the strength, particularly after a 1 per cent price fall during the September quarter. The figures will interest the Reserve Bank, which has said it does not want to see another housing boom. The housing bubble two years ago was blamed for making consumers too confident and sparking a massive spending spree across the economy. CommSec equities economist Andrew Mitchell said the RBA was unlikely to react to one rise in house prices. It would instead monitor the numbers for a sustained increase in values. Mr Mitchell said: "Retail spending was particularly weak in 2005. It is now 2.8 per cent. TD Securities chief strategist Stephen Koukoulas said auction clearance rates and competitive rents were contributing to the price rise. "The rental market is very tight, with.rents looking set to jump as a shortage of property emerges," Mr Koukoulas said. Spending down as debts paid HAWKINS COURT $329,000 AUSTRALIANS are spending cautiously as they payoff their debts, but they are still prepared to splash out for iPods and digital cameras. Fully ducted evaporative plus 4 reverse cycle split systems Privately built home on fully fenced 2 Large entertainment areas The retail environment is subdued, with Australian Bureau of Statistics data showing retail turnover grew by just 0.3 cent to a seasonally adjusted $50.68 billion in the December quarter. 1170m2 block zoned R2 Close to CBO in quiet Cul-de-sac 3 Bedrooms with BIR in main Modern kitchen with WI pantry Separate dining and sunken lounge 6x6 powered shed and 6x6 carport at rear with side vehicle access Single carport UMR Fully retiCUlated landscaped yard Owners moving interstate, open house Saturday 4th March, 10-12 noon or phone for appointment 89524985 or 0417871468 And in an indication the sector has begun 2006 on a soft note, the Cashcard retail activity index shows spending was down 0.6 per cent in January to an adj usted $17.2 billion. CommSec chief equities economist Craig James said people were spending but were being careful about what they bought. "The Australian consumer isn't hiding under his or herbed," he said. "People are spending but spending quite cautiously." With house prices barely moving and high fuel prices still a concern, people were choosing to reduce the amount owing on their credit cards. "Consumers have elected to pay down their debt and get their debt down to more manageable levels," he said. But Australians were still forking out for the more sought-after items, "The key sorts of goods are the digital products -- iPods, digital cameras, DVD players and mobile phones," he said. Prices for digital goods and clothing were falling, while cars were more affordable, he said. "Certainly you can't say balance sheets are in bad shape, particularly given the fact that interest rates are historically low, so that's certainly one factor that people haven't got to worry about," he said. ~ ~ ~ DEVELOPMENT SITE AVAILABLE 6000m2 ZONED INDUSTRIAL Suited to warehouses, transport, vehicle sales and repairs, bulky goods, etc. The owner will build to your needs and lease back. ENQUIRIES JOHN McEWEN 0417815762 , 'L.J. 'HOOKER n1 , " IIbci' ' 28 - Centralian Advocate, Friday, March 3, 2006 Ii'

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