Interest rates down to 2.5%, it hasn't been that low since 1959. This low interest rate is to stimulate the Australian economy, encourage people to spent money, buy, build and borrow!
http://www.rba.gov.au/media-releases/2013/mr-13-15.html
This means that interest rates charged by banks also stay low, and as an example (using a Westpac Rocket Repay Home Loan product with the Premier Advantage package) for $350k with an interest rate of 5.56% for a term of 30 years you would only be paying $465 weekly or $2000 monthly. This means you can breath easy when living next to Devonport's biggest and best forest reserve. Remember we have just about the cleanest air available on earth. Check with your bank today!
All enquiries: donhomereserve@cotu.biz
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