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Here is the experts forecast for the Central West property market

Central West house prices will rise by less than 1 per cent in 2019, according to a recent forecast by Moodys Analytics. Moodys Analytics, which used CoreLogic data for its forecast, said property values will increase 0.6 per cent in 2019 on the back of 4 per cent growth in 2018 and 5.3 per cent in 2017. House values are expected to rise 2.1 per cent in 2020. The Far West and Orana housing market, however, is expected to perform better than the Central West, according to the Fourth Quarter 2018 Housing Forecast Report. Property values are expected to grow 2.6 per cent in 2019 and 7.1 per cent in 2020 in the Far West and Orana region. Last year, the growth was around 4.5 per cent on the back of 0.3 per cent negative growth in 2017 in the Orana region. Read also: Be on alert: The bad news about break-ins over the summer months Real estate agents in Bathurst, Orange and Dubbo say they might not see the same rises this year, but believe the regional markets are still going strong. Raine an..

Central West house prices will rise by less than 1 per cent in 2019, according to a recent forecast by Moodys Analytics. Moodys Analytics, which used CoreLogic data for its forecast, said property values will increase 0.6 per cent in 2019 on the back of 4 per cent growth in 2018 and 5.3 per cent in 2017. House values are expected to rise 2.1 per cent in 2020. The Far West and Orana housing market, however, is expected to perform better than the Central West, according to the Fourth Quarter 2018 Housing Forecast Report. Property values are expected to grow 2.6 per cent in 2019 and 7.1 per cent in 2020 in the Far West and Orana region. Last year, the growth was around 4.5 per cent on the back of 0.3 per cent negative growth in 2017 in the Orana region. Read also: Be on alert: The bad news about break-ins over the summer months Real estate agents in Bathurst, Orange and Dubbo say they might not see the same rises this year, but believe the regional markets are still going strong. Raine and Horne Bathurst director, Grant Maskill-Dowton, said the local property market was inflated because it had received a lot of investors in the past two years. “We had an overflow of investors into Bathurst in the past two years as Sydney prices were going through the roof,” Mr Maskill-Dowton said. “It probably pushed prices a little higher than the average housing growth we have traditionally seen in Bathurst. “Now the prices have come down in Sydney, it has put the Bathurst market back to what it was prior. ”We are back to what I call a traditional Bathurst market.” Mr Maskill-Dowton said there are enough buyers in the market and this will keep prices steady. Read also: Follow the Parkes Elvis Festival in our day-by-day coverage | Day two Orange-based real estate agents are optimistic about the property market. They expect house prices to grow around 2 to 3 per cent this year on the back of 8.9 per cent growth in the last quarter. Century 21 Orange director of sales, Andrew Vogler, said the factors that pushed the market last year are still there and many people still want to relocate from Sydney. “Orange is an affordable place and rental yield is good,” Mr Vogler said. “We may not have the same growth we had last year, but it is likely to be better than other Central West markets, including Bathurst and Dubbo. “This is because various parties have done a wonderful job in promoting Orange as a food and wine destination in the past 10 to 15 years.” Ray White principal Libby Seaman said it is difficult to sustain 8.9 per cent growth for a long time. “But the Orange market is still very strong and we have people coming from all walks of life,” she said. “I cant see Orange going backward; we will continue to go forward. “We are not short of buyers and prices are not going down. We are only seeing a price correction for those properties which were over-priced.” Read also: Feeling lucky? Heres the experts tips on winning $80 million Bob Berry, a real estate agent in the Orana region, said prices have not changed in Dubbo in the past 18 months. The current median price for a house is $361,000 and for a unit it is $275,000 in Dubbo. “The Dubbo market is well-placed to maintain its current price level because of the economic activities and the state government infrastructure spending,” Mr Berry said. “There is not an oversupply of property and the rental market is very stable. “So I would look for a year of stability.” Mr Berry, however, criticised the national media and people who prepare housing forecast reports. “The national media is obsessed with the housing market,” Mr Berry said. “We are hearing a description of the market plunging, but in most cases the description is coming from those who are not actually in the market or are real estate agents. “There is no one Australian market. CoreLogic came out with a report saying the Australian housing market has fallen 4.5 per cent. That is clearly an incorrect statement because there is no single Australian market.” Mr Berry said Dubbo and other regional markets are not registering the same falls as Sydney because they didnt record the same growth.

Central West house prices will rise by less than 1 per cent in 2019, according to a recent forecast by Moodys Analytics.

Moodys Analytics, which used CoreLogic data for its forecast, said property values will increase 0.6 per cent in 2019 on the back of 4 per cent growth in 2018 and 5.3 per cent in 2017.

House values are expected to rise 2.1 per cent in 2020.

The Far West and Orana housing market, however, is expected to perform better than the Central West, according to the Fourth Quarter 2018 Housing Forecast Report.

Property values are expected to grow 2.6 per cent in 2019 and 7.1 per cent in 2020 in the Far West and Orana region.

Last year, the growth was around 4.5 per cent on the back of 0.3 per cent negative growth in 2017 in the Orana region.

Read also:

Real estate agents in Bathurst, Orange and Dubbo say they might not see the same rises this year, but believe the regional markets are still going strong.

Raine and Horne Bathurst director, Grant Maskill-Dowton, said the local property market was inflated because it had received a lot of investors in the past two years.

“We had an overflow of investors into Bathurst in the past two years as Sydney prices were going through the roof,” Mr Maskill-Dowton said.

“It probably pushed prices a little higher than the average housing growth we have traditionally seen in Bathurst.

“Now the prices have come down in Sydney, it has put the Bathurst market back to what it was prior.

”We are back to what I call a traditional Bathurst market.”

Mr Maskill-Dowton said there are enough buyers in the market and this will keep prices steady.

Read also:

Orange-based real estate agents are optimistic about the property market.

They expect house prices to grow around 2 to 3 per cent this year on the back of 8.9 per cent growth in the last quarter.

Century 21 Orange director of sales, Andrew Vogler, said the factors that pushed the market last year are still there and many people still want to relocate from Sydney.

“Orange is an affordable place and rental yield is good,” Mr Vogler said.

“We may not have the same growth we had last year, but it is likely to be better than other Central West markets, including Bathurst and Dubbo.

“This is because various parties have done a wonderful job in promoting Orange as a food and wine destination in the past 10 to 15 years.”

Ray White principal Libby Seaman said it is difficult to sustain 8.9 per cent growth for a long time.

“But the Orange market is still very strong and we have people coming from all walks of life,” she said.

“I cant see Orange going backward; we will continue to go forward.

“We are not short of buyers and prices are not going down. We are only seeing a price correction for those properties which were over-priced.”

Read also:

Bob Berry, a real estate agent in the Orana region, said prices have not changed in Dubbo in the past 18 months.

The current median price for a house is $361,000 and for a unit it is $275,000 in Dubbo.

“The Dubbo market is well-placed to maintain its current price level because of the economic activities and the state government infrastructure spending,” Mr Berry said.

“There is not an oversupply of property and the rental market is very stable.

“So I would look for a year of stability.”

Mr Berry, however, criticised the national media and people who prepare housing forecast reports.

“The national media is obsessed with the housing market,” Mr Berry said.

“We are hearing a description of the market plunging, but in most cases the description is coming from those who are not actually in the market or are real estate agents.

“There is no one Australian market. CoreLogic came out with a report saying the Australian housing market has fallen 4.5 per cent. That is clearly an incorrect statement because there is no single Australian market.”

Mr Berry said Dubbo and other regional markets are not registering the same falls as Sydney because they didnt record the same growth.

This story Here is the experts forecast for the Central West property market first appeared on Western Advocate.

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CWA brave the cold for Breast Care Foundation

The Nyngan CWA will be holding a market day in Davidson Park on Saturday, June 8 commencing at 9am. To make the day fun for all we would like to have as many stalls as possible and we are inviting anyone who has craft or retail or anything they would like to sell or display to join in the day. The cost of a stall is $10 and to book a stall please ring Di Donald on 6832 1339. The CWA will be holding a cake stall, white Elephant stall and a Devonshire tea stall. Donations for any of these stalls would be greatly appreciated. All CWA proceeds from the day are for the Breast Cancer Foundation (Breast Cancer Research). This is in support and at the request of our long standing and valued member, Lyn Walsh, who at the moment is undergoing treatment for breast cancer. The CWA ladies braved a very cold Friday morning, on May 10 to hold a successful street stall with lots of cooking, plants etc for sale. The winners of the three draws of the raffle were Dawn Elder (handbag), Richard Hoare (the ..

The Nyngan CWA will be holding a market day in Davidson Park on Saturday, June 8 commencing at 9am. To make the day fun for all we would like to have as many stalls as possible and we are inviting anyone who has craft or retail or anything they would like to sell or display to join in the day. The cost of a stall is $10 and to book a stall please ring Di Donald on 6832 1339. The CWA will be holding a cake stall, white Elephant stall and a Devonshire tea stall. Donations for any of these stalls would be greatly appreciated. All CWA proceeds from the day are for the Breast Cancer Foundation (Breast Cancer Research). This is in support and at the request of our long standing and valued member, Lyn Walsh, who at the moment is undergoing treatment for breast cancer. The CWA ladies braved a very cold Friday morning, on May 10 to hold a successful street stall with lots of cooking, plants etc for sale. The winners of the three draws of the raffle were Dawn Elder (handbag), Richard Hoare (the Cookbook), and Elwyn Troth load of wood. Congratulations to the winners. Nyngan CWA appreciates very much the generosity and support they receive from the people of Nyngan. Thank you READ ALSO:

CWA brave the cold for Breast Care Foundation

  • Kay Linke purchasing some goods from Di Hughes.

  • Mary Lamph selling tickets.

    Mary Lamph selling tickets.

  • Di Hughes rugged up against the cold.

    Di Hughes rugged up against the cold.

  • CWA President Betty Jackson.

    CWA President Betty Jackson.

The Nyngan CWA will be holding a market day in Davidson Park on Saturday, June 8 commencing at 9am.

To make the day fun for all we would like to have as many stalls as possible and we are inviting anyone who has craft or retail or anything they would like to sell or display to join in the day.
Read More – Source

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Nyngan Observer

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Election day is here, follow the action in the Parkes electorate

ELECTION day has arrived and we are here to give you the sizzle and the sausage from right across the Parkes electorate. We'll have journalists and photographers hitting the streets and polling booths across the region to talk voters, volunteers and of course those making the all-important #democracysausage. Still unsure who to vote for? Check out all the information on the candidates here. All the political action across the electorate will be covered here, from the moment the polling booths open at 8am, until they close at 6pm sharp. Our journalists will then by monitoring the number crunchers to bring you the results as they happen. This live blog will be constantly updating throughout the day. Refresh your browser and the new news will present at the top. You can follow the tally as the votes are counted.

ELECTION day has arrived and we are here to give you the sizzle and the sausage from right across the Parkes electorate.

We'll have journalists and photographers hitti..

ELECTION day has arrived and we are here to give you the sizzle and the sausage from right across the Parkes electorate. We'll have journalists and photographers hitting the streets and polling booths across the region to talk voters, volunteers and of course those making the all-important #democracysausage. Still unsure who to vote for? Check out all the information on the candidates here. All the political action across the electorate will be covered here, from the moment the polling booths open at 8am, until they close at 6pm sharp. Our journalists will then by monitoring the number crunchers to bring you the results as they happen. This live blog will be constantly updating throughout the day. Refresh your browser and the new news will present at the top. You can follow the tally as the votes are counted.

ELECTION day has arrived and we are here to give you the sizzle and the sausage from right across the Parkes electorate.

We'll have journalists and photographers hitting the streets and polling booths across the region to talk voters, volunteers and of course those making the all-important #democracysausage.

Still unsure who to vote for? Check out all the information on the candidates here.

All the political action across the electorate will be covered here, from the moment the polling booths open at 8am, until they close at 6pm sharp.

Our journalists will then by monitoring the number crunchers to bring you the results as they happen.

This live blog wRead More – Source

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Nyngan Observer

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Chef Tony talks truffles for festival

It is that time of year again when the region's foodies get excited about the impending truffle season and for Cape Lodge chef Tony Howell truffle season is a gift worth celebrating. Chef Howell will be centre stage at this year's Truffle Kerfuffle where he will run the free stage and speak with celebrity chefs including Pete Evans, Poh and Dunsborough's Aaron Carr. The chefs will perform truffle cooking demonstrations and Howell will host questions and answer sessions with Manjimup growers. “People can ask questions about truffles, the season, growing conditions and how to get them started, because everyone wants to grow truffles,” he said. Howell was looking forward to returning to Manjimup for the festival, saying the area had so much going for it and there were more truffles than you could ever imagine. “For the punter, if you want to try truffles this is the time to go. Book in one of the lunches or dinners because the chefs are given truffles to use by the producer..

It is that time of year again when the region's foodies get excited about the impending truffle season and for Cape Lodge chef Tony Howell truffle season is a gift worth celebrating. Chef Howell will be centre stage at this year's Truffle Kerfuffle where he will run the free stage and speak with celebrity chefs including Pete Evans, Poh and Dunsborough's Aaron Carr. The chefs will perform truffle cooking demonstrations and Howell will host questions and answer sessions with Manjimup growers. "People can ask questions about truffles, the season, growing conditions and how to get them started, because everyone wants to grow truffles," he said. Howell was looking forward to returning to Manjimup for the festival, saying the area had so much going for it and there were more truffles than you could ever imagine. "For the punter, if you want to try truffles this is the time to go. Book in one of the lunches or dinners because the chefs are given truffles to use by the producers, they can't help themselves and go nuts with it," he said. "In the kitchen, because of the price of truffles, you have to be careful how much you use. When you go to one of these events the chefs will be chatting to each other and they just keep shaving and shaving and shaving, there is no way you would use that much in a restaurant. "As far as the punter goes they are very spoilt, and as far as chefs go, it is like letting a kid free in a candy shop, give them a set of keys and tell them to go nuts we will be back in a couple of hours." Howell said at Cape Lodge the chefs were already talking about truffles and creating new and different recipes to put on the menu during the truffle season. "It is exciting, if truffles were here all year round they would not be that special, it is the mystique and the surprise, are we going to get enough, will the season be longer or shorter?" he said. "For me truffles are a truly seasonal product." Howell recommended going on a truffle hunt at the festival to see the dogs in action and how they react when they find a truffle. "The dogs are so cool they do demonstrations it is really good to watch, I have been on a couple and they are unreal," he said. "It is that element of surprise, if you did not have a dog you would spend hours searching, a dog can find them in five minutes." Truffle Kerfuffle is an all weekend celebration of fresh black truffles, the event will be held from June 21 to 23 2019 in Manjimup. To find out more or to purchase tickets visit trufflekerfuffle.com.au

It is that time of year again when the region's foodies get excited about the impending truffle season and for Cape Lodge chef Tony Howell truffle season is a gift worth celebrating.

Chef Howell will be centre stage at this year's Truffle Kerfuffle where he will run the free stage and speak with celebrity chefs including Pete Evans, Poh and Dunsborough's Aaron Carr.

The chefs will perform truffle cooking demonstrations and Howell will host questions and answer sessions with Manjimup growers.

"People can ask questions about truffles, the season, growing conditions and how to get them started, because everyone wants to grow truffles," he said.

Howell was looking forward to returning to Manjimup for the festival, saying the area had so much going for it and there were more truffles than you could ever imagine.

If truffles were here all year round they would not be that special, it is the mystique and the surprise, are we going to get enough, will the season be longer or shorter?

Chef Tony Howell

"For the punter, if you want to try truffles this is the time to go. Book in one of the lunches or dinners because the chefs are given truffles to use by the producers, they can't help themselves and go nuts with it,Read More – Source

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Margaret River Mail

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