JUNE 2021


We knew that Winter was coming but it has now well and truly set in.

I love this time of year as I am able to rug up and wear layers. Also I can concentrate on perfecting my  pressure cooker recipes (refer to the Irish Stew recipe I have included in this edition). 

The month has been busy workwise because we have been increasing the rent roll and dealing with the sales boom. The low interest rates have certainly had an impact on the market with recent buyer enquiries resulting in inspections, offers and contracts and sales.

I am pleased to be able to offer you a FREE Suburb Report to help you with your search for the next hot suburb.  Now you can know more than your neighbour with up to date statistics such as days on market and much, much more! Just email me or text me on 0405 540 646 and I will make the arrangements.

Have a great month - keep warm and feel free to reach out if you need any advice or assistance.

- Tracie Harrington 


Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month.  The rise in May was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%.

CoreLogic’s research director, Tim Lawless, observes that growth conditions remained broad based both geographically and across the housing types and valuation segments.  

“Values were up by more than 1% across every capital city over the month, with both house and unit values lifting across the board.  Of the 334 SA3 sub-regions analysed by CoreLogic, 97% have recorded a lift in housing values over the past three months.  Such a synchronised upswing is an absolute rarity across Australia’s diverse array of housing markets.”

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At its meeting, the Board decided to maintain the current policy settings, including: the targets of 10 basis points for the cash rate and the yield on the 3-year Australian Government bond; the parameters of the government bond purchase program; and the rate of zero per cent on Exchange Settlement balances.

The global economy is continuing to recover from the pandemic and the outlook is for strong growth this year and next. The recovery remains uneven, though, and some countries are yet to contain the virus. Global trade in goods has picked up strongly and commodity prices are mostly higher than at the start of the year. However, inflation in underlying terms remains low and below central bank targets.

Sovereign bond yields have been steady recently after increasing earlier in the year due to the positive news on vaccines and the additional fiscal stimulus in the United States.

Medium-term inflation expectations have lifted from near record lows to be closer to central banks' targets. The 3-year government bond yield in Australia is consistent with the Board's target and lending rates for most borrowers are at record lows. The Australian dollar remains in the upper end of the range of recent years.

The economic recovery in Australia is stronger than earlier expected and is forecast to continue. The Bank's central scenario is for GDP to grow by 4¾ per cent over this year and 3½ per cent over 2022. This outlook is supported by fiscal measures and very accommodative financial conditions.

An important ongoing source of uncertainty is the possibility of significant outbreaks of the virus, although this should diminish as more of the population is vaccinated.

Progress in reducing unemployment has been faster than expected, with the unemployment rate declining to 5.5 per cent in April. Job vacancies are at a high level and a further decline in the unemployment rate to around 5 per cent is expected by the end of this year. There are reports of labour shortages in some parts of the economy.

Despite the strong recovery in the economy and jobs, inflation and wage pressures are subdued. While a pick-up in inflation and wages growth is expected, it is likely to be only gradual and modest. In the central scenario, inflation in underlying terms is expected to be 1½ per cent in 2021 and 2 per cent in mid 2023. In the short term, CPI inflation is expected to rise temporarily to be above 3 per cent in the June quarter because of the reversal of some COVID-19-related price reductions.

Housing markets have strengthened further, with prices rising in all major markets. Housing credit growth has picked up, with strong demand from owner-occupiers, especially first-home buyers. There has also been increased borrowing by investors. Given the environment of rising housing prices and low interest rates, the Bank will be monitoring trends in housing borrowing carefully and it is important that lending standards are maintained.

As foreshadowed last month, at its July meeting the Board will consider whether to retain the April 2024 bond as the target bond for the 3-year yield target or to shift to the next maturity, the November 2024 bond. The Board is not considering a change to the target of 10 basis points. At the July meeting the Board will also consider future bond purchases following the completion of the second $100 billion of purchases under the government bond purchase program in September.

The Board continues to place a high priority on a return to full employment.

The date for final drawings under the Term Funding Facility is 30 June 2021. So far, authorised deposit-taking institutions have drawn $134 billion under this facility and a further $75 billion is available. The facility is providing low-cost fixed-rate funding for 3 years and so will continue to support low borrowing costs until mid 2024.

The Board is committed to maintaining highly supportive monetary conditions to support a return to full employment in Australia and inflation consistent with the target. It will not increase the cash rate until actual inflation is sustainably within the 2 to 3 per cent target range. For this to occur, the labour market will need to be tight enough to generate wages growth that is materially higher than it is currently. This is unlikely to be until 2024 at the earliest.



"Under New Management"
7.7% increase on last tenancy
If you are purchasing a new investment property of considering renting your home out please call
Tracie on 0405 540 646

Kitchen and Living Area



Record price for the street!

If you are looking to sell please call

Tracie on 0405 540 646



6% increase on previous tenancy

If you are looking to rent your property please call

Tracie on 0405 540 646

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Contemporary stylish apartment! One minute walk to the ferry! House sized kitchen! Two entertaining areas! Great security!

Situated in the quiet but popular boutique complex "Edge", this spacious and private ground floor apartment offers a low maintenance inner city lifestyle with every convenience on your door step.

The open floor plan combines perfectly with a modern decor for easy living and entertaining. Enjoy the added bonus of two private courtyards which seamlessly merge from the internal living spaces and are serviced by the generous central gourmet kitchen with quality Smeg stainless steel appliances and loads of bench and cupboard space.

This home is Ideal for couples, empty nesters, first home buyers and astute investors and has had a proven healthy rental return.

Boasting two well-appointed bedrooms - the spacious master has a modern en-suite. Other great features include spilt system air conditioning, undercover secure parking for one car, on site secure bike cages, Crimesafe security throughout, and in-ground pool in the complex.

This home presents beautifully and has been lovingly maintained by the owner! Pet policy - 1 small pet / lot permitted, subject to body corporate approval. 

Experience a fantastic Bulimba location only 2 minute's walk to Bulimba ferry and Oxford Street, and easy access from Addison Avenue or Ferry Street.

Enjoy endless convenience and the perfect inner city lifestyle with schools, public and major shopping centres just moments away and only 5kms from the CBD. Looking for an easy lifestyle location - just move in and enjoy - this is it!

It is a mere 20 metres from vibrant Oxford Street and only one-minute walk to the ferry yet maintains that coveted peace and tranquility. Multiple transport options, local schools, shops, restaurants and entertainment are all within minutes as is the CBD, making this property a must to inspect for those that appreciate the best in inner city living.

Offering superb inner-city value with the perfect lifestyle location, this apartment will not last long. Don't miss your opportunity!

To view this property please contact or email Noel Binns on 0410 162 114.

If you are looking to sell your property please call or email

Tracie on 0405 540 646.

Contemporary Australian Home


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Corelogic Home Property Values

Moving House

Rent in Australia with House Prices Going Through the Roof

Image by Campaign Creators

What Is Ahead For The Brisbane Market?

Successful Woman

You Have Bought An Investment Property. Now What?


Brisbane Airport's $1b Third Terminal

Image by Bill Oxford

The Auction Results are In



It’s simple to spot a boom cycle retrospectively, but predicting which areas are set to surge is much more difficult. Although there’s no certainty that property prices will rise or fall, it’s important to be aware of the signs of a boom cycle.


The key to understanding a boom cycle and making a good investment revolves around supply and demand. To put it simply; as supply exceeds demand, prices fall, and when demand exceeds supply, prices rise.

According to CoreLogic, the balance of supply and demand generally dictates housing values. Therefore, it’s necessary to understand what influences this balance. Tim Lawless, CoreLogic’s Research Director, says “watching out for factors that could affect either side of the equation is essential to getting ahead of the curve”.

“On the supply side, markets with a shortage of supply, either advertised supply or newly built supply, can be easy to find. For example, CoreLogic tracks listing numbers closely, as well as building activity, to gauge market supply.

“Scarcity of supply amidst rising demand can cause prices to rise.”

Real estate demand can be harder to analyse and identify as there are more factors that impact this side.

“Demand can be influenced by migration trends, investor activity, monetary policy factors such as interest rate settings, finance availability and government incentives such as stamp duty concessions or grants. Large infrastructure projects such as new gas refineries, or mining projects can have a sharp but temporary influence over demand, often amidst tight supply constraints,” says Lawless.


It’s impossible to predict a boom cycle with 100 per cent certainty, but there are key signs that may point towards rising house prices. As the relationship between supply and demand is constantly changing, there are ways to stay ahead of the market by understanding certain indicators. According to Lawless, there are five key signs that the market is set to boom:


As demand is increases and supply drops, available housing will most likely increase in value. For example, an influx of interstate migration has seen rising buyer activity in Queensland. Partnered with an 11.3 per cent drop in the number of listings, this rise in buyer activity positively impacted housing prices. This can be seen as the median sale price for houses in Queensland rose by 1 per cent in the 12 months to September 2020, according to the latest Queensland Market Monitor.


This represents a clear spike in demand and is another indicator that prices may rise. When properties spend less time on the market, it’s clear that the demand is high and may lead to shortening supply levels if the market doesn’t accommodate. The impact of shortening selling times could be seen on the Gold Coast throughout the September 2020 quarter. The annual median house price in this area grew by 3.2 per cent as the annual median days on market dropped by 12 days.


High discount rates often mean that the market is weaker, and the demand is lower. Whereas, low rates usually mean that there are more people looking to buy. This competitiveness results in narrowing vendor discounts as there is less of a need to incentivise buyers. With properties in regional Queensland growing in price, the median vendor discounts in these areas have dropped significantly compared to other areas. For example, Rockhampton saw an annual house price growth of 6.7 per cent, while the vendor discount rate dropped by 2.2 per cent.


This generally means that the market is growing. It shows most buyers are willing to pay the sellers reserve price or more to be the highest bidder. This represents another indicator of increased demand and will generally mean that house prices are rising.


The falling interest rates and improving credit availability is a sign that house prices may rise as it’s much easier to borrow and invest. Historically, Australian house prices have responded positively to this. Additionally, falling interest rates make investing more achievable, and gives first home buyers more of an opportunity to enter the market.




Pressure cooker Irish stew is an adaptation of a classic recipe with lamb, onions, potatoes, carrots and herbs.

It's gluten free, paleo and whole30, perfect for your Pressure Cooker.

Prep Time:15 minutes

Cook Time:11 minutes

Total Time:26 minutes

Total Carbs:21 g

Protein:71 g



  • 4 lamb shoulder chops , whole, halved or cut into cubes., 2.5 - 3.5lbs

  • 1-2 tbsp olive oil

  • 1 large onion , peeled and sliced into thin rounds

  • 8 large carrots , peeled and cut into large chunks

  • 6 - 8 waxy baby potatoes , cut in half

  • Salt and pepper

  • 2 cup water , 500ml

  • 1 sprig thyme

  • 2 tbsp arrowroot or cornstarch , to thicken, if desired.

  • 1 tbsp freshly chopped parsley, or chives


  1. Cut the lamb chops into cubes, or in half, whatever your preference is. If the bone is in the way skip this step and leave them whole. 

    If you cut out the bones, don't throw them away but add them into the water in the pot, it will enhance the lamb stock.

  2. Turn on the saute function on your pressure cooker or adjust to the medium heat option. Add oil right away.

  3. Now add the lamb chop pieces and saute a little to brown on each side. Do it in batches and when they are done remove them to a plate. 

  4. Cut the carrots into big chunks or you may find they are too soft if you make them very small, do the same with the potatoes. If you use baby potatoes as suggested you can half them, or leave them whole if they are very small.

  5. Add the water to the inner pot and deglaze the bottom of the pot, and then turn off the saute function. Add the thyme. 

  6. layer the meat, then sliced onions, carrots, and potatoes, and add a little salt and pepper with each layer.

  7. Lock the lid, turn the steam release vent to 'sealing' and using the manual setting, adjust it to cook for 11 minutes at High Pressure.

  8. When the cook time time is up, allow the unit to reduce pressure on its own without opening the steam release vent (Natural Pressure Release) for at least 12 minutes, then you can gently release the rest of the pressure by opening the vent.

  9. If you want to thicken the stock, mix 1tbsp cornstarch, or arrowroot or tapioca starch for paleo, with a little water and add to the hot stock in the pot. If you need to thicken it up more then use the saute function to heat the stock up again.

  10. serve hot, sprinkle with chopped fresh parsley.



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