Changes at Beecroft Shopping Centre

IGA has now taken over from Franklins, with new signs going up all around the Module.

In order to prevent commuters and others from parking in The Module's private commercial car park, a vehicle equipped with number plate recognition cameras is now regularly patrolling, and anyone overstaying the 2 hour allowed parking is likely to get fined.  It doesn't help moving the car, or going away for a bit and returning, as this new technology will spot the vehicle and any car is allowed just one two hour stay in any day.

The block of land in the corner of Chapman Avenue and Beecroft Road, Nos 7, 7a and 7b Chapman Avenue, has been sold to developers and we can expect an early application to develop this block as five storey mixed commercial, retail and residential.

Cut Rates, say agents

Property industry leaders have urged banks to pass on the recent rate cut quickly, to "continue the momentum" of the improving spring property market. Ray White Beecroft has experienced this surge of buyer interest, with eight sales last month and three properties settling on one day, 3 October! We have some excellent new listings, but need lots more.

Three Sales in One Day

After a great September for property sales, October started with a bang with three properties settling in one day, 3 October, in Beecroft Road, Redgrove Avenue, and Jesmond Crescent. Well done, Douglas, Peter and Luke!

Interest Rates Cut, more to come

This afternoon the RBA announced a 0.25% cut in the official interest rates, to 3.25%. Most authorities seem to think there will be more cuts to come.