Fortuna sold again

Fortuna Villa is now in “safe hands” according to new owner Paul Banks.

The Sutton Grange hobby horse trainer and marketing firm owner bought the historic villa from the Defence Department late yesterday, after the initial consortium’s cheque for the deposit bounced.

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Creative writing sells

The real estate industry features some inventive copywriters. Many a vendor has had a chuckle at the write-up their agent has created to advertise their home.

Suddenly your cobweb-ridden back porch is an alfresco, entertainment area’’ and your TV room’s a potential home theatre’’.

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Extra help to buy your first home

A $3000 boost and stamp duty cuts of 40 per cent will assist people living in Victoria buy their first home.

The Victorian Government will support first home buyers and job creation in the housing and construction industry by increasing the First Home Owners Grant from July 1.

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GEARING UP FOR THE RETIREES

By 2050, it is estimated 2.8 million Australians in need of care will be living outside of an aged care facility.

Borg First National Real Estate principal Joe Borg said this meant they would be living with relatives or remaining in their own homes, representing a potentially huge challenge for Australia’s economy, especially the property market.

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Property Watch – Start Making Plans

An auction of a beachside home at 30 Gallipoli Street at Port Kembla is expected to get the blood rushing next Saturday.

It’s a sloping block across the road from MMBeach with an old but large four-bedroom house where renovations had started before one of the owners died.

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Old homes get the nod over new

First home buyers are targeting established homes in central suburbs above $500,000 but the northern growth corridor is still the most popular choice, according to leading property figures.

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Coast is Calling

The sea breeze billowing around the south coast property of John and Jenny Barbour has been encouraging the couple to get more beach-bound. That’s why the public servants have decided to downsize and sell their Kambah home so they can spend more time at the seaside.

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