For anyone who has been waiting for the stimulus package to arrive, the wait is almost over as money from the latest Federal Government stimulus package starts to arrive in Boorowa bank accounts and Post Office boxes over the next six weeks.

“The reduced interest rates, the first Home Buyers Scheme and the previous stimulus package have all combined to see Andrew Mitchell Real Estate having twenty sales on the go at the moment” according to Andrew Mitchell principal of Andrew Mitchell Real Estate.

Having been in business for the last nine years, Mr Mitchell said he had seen an increase recently in the demand for houses in certain categories.

“The demand for houses under the $200,000 price tag has been huge, especially with first home owners tending to buy established homes although new and transportable homes have also been very successful,” Mr Mitchell said.

Mr Mitchell also said that many of the renters on his books have now become purchasers.

“The previous stimulus package has managed to provide money above their budget and so people are spending that on something that they would not normally buy and hopefully this will happen again when the latest package reaches town,” he said.

Mr Mitchell indicated that lower interest rates had mad a big impact on his newest development ‘The Willows’, with a large proportion of blocks already sold.

Mr Mitchell is recommending that Boorowa residents buy locally and support the local businesses.

“Because according to the media, things are only going to get worse,” he said.

“I hope the stimulus package payments are effective and achieve what they are intended to achieve,” Mr Mitchell said.

Boorowa’s mayor Wendy Tuckerman added her encouragement to the community to keep the stimulus dollars local.

“The idea is to spend, and with about half a million paid into our community alone, well I can only urge local stimulus spending,” Cr Tuckerman said.

“Times are tough, and that money spent locally could make a real difference,” Cr Tuckerman added.