Blog Archives

Macquarie mega-lot may make more millionaires

Macquarie mega-lot may make more millionaires

A “mega-lot” has been offered at Macquarie Park in Sydney’s north, following the lead of an adjoining block that generated close to $80 million last month and made owners instant millionaires. The SMH reports that neighbours at 12-14 Lachlan Avenue

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Chinese foreign investment drops 69%; Singapore takes over as biggest investor in Australian property

Singapore takes over as biggest investor in Australian property

While capital inflow from China to Australian property is slackening, Singapore has emerged as the country’s largest foreign investor. The SMH reports that, compared with the first half of last calendar year, Chinese investment in Australian real estate fell 69

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Parramatta’s makeover continues with Auto Alley upgrade

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Parramatta’s stunning revamp into one of Sydney’s leading cities is set to continue, with a $225 million mixed-use project to refurbish the neglected former Auto Alley in Church Street given the go-ahead, the SMH reports. The project is part of an

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Darlinghurst’s character evolves, housing prices soar following gentrification

Darlinghurst’s character evolves, housing prices soar following gentrification

Once regarded as Sydney’s forbidden suburb following its reputation as a prostitution and drug haven, Darlinghurst has been reinvented as a metropolitan hotspot perfect for young professionals and urbane older couples. With intense gentrification of the area occurring at the

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Sydney investors move south

Sydney investors move south

Formerly known as “Canberra’s beach”, Batemans Bay and surrounding South Coast suburbs in the Eurobodalla market have received an influx of buying competition from property-hungry Sydneysiders. The Canberra Times reports that while a decade ago Canberra made up 80 per

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Melbourne trumps Sydney in home value growth

Melbourne trumps Sydney in home value growth

Although it still currently holds a lower median house price, Melbourne exceeds Sydney when it comes to home value growth. The Australian reports that, according to property researcher CoreLogic, the reason for the quicker pace south of the border is

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Parra matters: Western Sydney area set to become NSW’s cultural hub amid staggering growth

Parra matters: Western Sydney area set to become NSW’s cultural hub amid staggering growth

Greater Parramatta’s sustained growth is set to continue, after the Government announced that more than 110,000 jobs will be created and over 72,000 in the pipeline to be built in the area. The decision comes as part of a 20-year

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What the latest Census figures reveal about our housing market

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Despite a slow decline in home owners amid a country-wide housing affordability crisis, new Census data has revealed that the notion of possessing property is still achievable. The recent release of Census datas shows that national home ownership and rental

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Golden soil | Quality earth and running water were the defining factors in Australian real estate evaluation 100 years ago

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While today suburb prices are dependent on quality cafes and dining establishments, a century ago it was just good soil and running water that was all the rage. Real estate in Sydney has changed drastically since; back then, Bronte was

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Sydney’s sky-high housing prices finally hit turbulence

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It seems that Sydney’s rocketing housing prices are finally set to plateau, with June posting the slowest quarterly median home price rise in over a year. Despite the slow growth, however, the current median home price of $880,000 in the

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