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Sale of property 15 Ure Street Hendra

15 May

I would like to take this opportunity to thank Mario and the team of Clark Real Estate for their efforts in achieving an outstanding result in the sale of my property.

I found their efforts were very professional in keeping me up to speed regarding interest shown by clients and ongoing negotiations eventually leading to a successful settlement.

Any future real estate dealings I may require will be directed to Clark Real Estate without hesitation and I am pleased to give my recommendation to anyone reading this letter and considering a high standard of service in this field.

Once again thank you team and all the best for the future.

Rob Woodhall

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LENGTH OF HOME OWNERSHIP INCREASING

6 May

The average length of ownership for houses and units has increased over the past decade, according to research by RP Data.

Data to December 2012 shows that the average length of house ownership was 9.3 years, compared to 6.8 years in 2002.

Meanwhile, the length of ownership for units has risen from 5.9 years to 8.2 years.

RP Data analyst Cameron Kusher said the average hold period for houses and units remained relatively static until late 2005, however has increased consistently from this time.

“An increase in holding periods is logical when measured against the decline in sales,” he said. “Added to this is the fact that the population has continued to grow given that home values have risen. As a result, transaction costs such as agent commissions and stamp duty have also increased.”

Source : Smart Property Investment (8 March 2013)

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