Director's Message....

As we wind down from another busy financial year, 2009/2010 has
delivered positive activity in all aspects of real estate in our area.
A shortage of real estate for sale during the last 12 months
combined with a high level of demand for homes has left us with
demand exceeding the supply of properties available. This
shortage has enabled us to achieve above average prices for
homes in most areas with selling prices rising significantly between
5% & 10%.

The rental market has also seen similar demands for housing.
“Sydney and Newcastle have both recorded falls in the percentage
of available rental properties according to the latest statistics
released by REINSW”. The current vacancy rate in Newcastle
remains at 1.6%.

The NSW Government has announced more positive news. To
further stimulate the real estate market stamp duty on ‘off the plan’
purchases has been removed for new house and land packages
under $600,000.This offers a potential saving of up to $22,490.
Great news for all new home buyers and investors.

Our outlook for the second half of this year is positive, interest rates
are not projected to rise significantly, if at all, and with this in mind
optimism in our local market will remain buoyant.

We hope you enjoy being our Partner in Property.

Click on the attached PDF file to read our newsletter in full...

Dalton Partners were recently involved in a "Bald & Beautiful Foundation" fundraising event at the Newcastle Harness Racing Club.  The event raised some $2,900 for this worthy cause.

Bald and Beautiful is a day of fun, pampering and wellbeing for adults – men and women– with cancer.  The day is held annually in Newcastle in May of each year.  To have such a successful event,  The "Bald and Beautiful Foundation" raise funds and awareness throughout the year.  They rely on donations and sponsorship.

Based on the concept of Camp Quality for children and Canteen for Teens, it was decided that adults also need Fun, Pampering and Wellbeing. Bald and Beautiful Day was born in Newcastle in May 2005 with small a team of pampering therapists and entertainers.  The day was made possible by the generosity of the community, with their services, their time, their products, their skills and their gifts.