Space Margaret River

spacerealty.com.au “It’s been a big start to the financial year with the governments support of the building industry driving a lot of enquiry. We have seen an influx of first and second home buyers looking to take advantage of the incentives and this area of the market is really moving. Some lenders have responded with a reduction in LVR’s for construction loans in certain suburbs to help mitigate potential risk to the lender. As always the banks are looking for good sub 80% LVR* business to help balance the books and we are seeing some very competitive pricing in this area with many rates starting with a 2. There is also a range of cashback offers for refinances to help assist with switch costs. One thing to note is with Covid19 some lenders have been forced to shut down offshore processing centres and as a result turn around times have blown out to in excess of 30 business days with some lenders so this factor must always be taken into account when comparing lenders especially if you are on the clock with an offer to purchase a property.” Winter is a time to warm your soul with plush throws and smooth rich velvets.Trending at the moment are gorgeous coral tones mixed with honeyed timbers alongside warm whites. Create moments in your home, with spaces that tell a story. Imagine a corner in your bedroom with a stunning velvet chair topped with a mongolian Fur cushion, along with stunning artwork accompanied by lush greenery that says “I want to be here, cup of tea in hand reading my favourite book”. Fabulous looking cushions that stand to attention, add feather inside to get that sumptuous designer look. Margaret River has seen a strong increase in demand for property, driven by lifestyle investors looking for holiday homes, as they can’t travel overseas and have been thinking about a holiday home so they are bringing those plans forward. We are also seeing 20 years of high net worth expats returning to a COVID free Western Australia and people looking for lifestyle change to the southwest Margaret River region. This current active market is the tip of the iceberg as most of the expats still can’t get in and people will not be able to travel safely for maybe 4 years. E X PERT I NS I GHTS SAM CARRELLO NAPOLEON FINANCE JULIANNE BURLING NO SHRINKING VIOLET PAUL MANNERS SOUTH WEST SPECIALIST FINANCE DESIGN MARGARET RIVER For more information, scan the code to read more on our website.