Balmoral Property Goes Ballistic

The 4 bedroom renovated Villa sitting on 625sqm at 100 Marsden Ave, Balmoral, opened up at Auction yesterday  @ $1,500,000 after having received a pre-auction offer at that level which brought the Auction Date forward.  Tentative bidding saw the property knocked down under the hammer @ a mesmerizing $1,580,000.

Following on from ANZ last week, Westpac has today raised fixed interest rates.

1 yr fixed moves up to 5.85%, 3 yrs fixed moves up to 6.85%. A 2 yr special for under 80%’ers remains @ 5.95%.