Blog Archives

Back in “bid-ness” | First home buyers return to the market amid stamp duty concessions

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First-home buyers have made the most of the Government’s new stamp duty concessions as part of their housing affordability package, returning to the auction market in force over the weekend. The measures, which kicked in on July 1, mean that

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Survey reveals 25-29 year olds believe home ownership is out of their reach

young people

The Daily Telegraph reports that a national survey, branded as Australia’s largest outside of the official Census, has revealed that over half of NSW residents between 25 and 29 believe that home ownership is no longer realistic. The survey, which

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NSW government announces 15 new priority precincts for Sydney

NSW government announces 15 new priority precincts for Sydney

Fifteen new priority precincts around Inner Western, South West and Northern Sydney have been announced in a move to combat the city’s housing affordability crisis and assist first home buyers. The new precincts are all located nearby public transport and

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Hillsdale continues to attract developers

Hillsdale attracting developers

In Sydney property terms, Hillsdale could be considered an affordable suburb with a median unit price of $653,500. It’s also a lesser-known suburb in heart of south-eastern Sydney, predominantly made up of apartments. RealEstate.com.au has recently reported that a four-level

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Townhouses face competition as developers focus on larger apartments

family-sized apartments Melbourne

Family-sized apartments with features like internal lifts are being used by developers to attract down-sizing baby boomers into suburban areas, the SMH reports. Melbourne’s average apartment size is 95 square metres, but Tony Huang’s Auyin Property Development plans to launch a

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Growth in the North Sydney development sector

north sydney development

Attracting a price of about $60 million, a potential new mixed-use development has been earmarked for North Sydney at 8 West Street, the SMH reports. The development is a free-standing building over 11 storeys, with 77 parking spots and a

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SMSF property valuations & the superannuation balance transfer cap

SMSF property valuations

This year the Australian Prudential Regulation Authority (APRA) and the Australian Tax Office (ATO) have reported there are close to 600,000 self-managed superannuation funds (SMSFs) managing $653.8 billion in assets. Recent changes to how much individuals can hold in a

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Cronulla’s top food destinations supporting local property prices

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Domain recently reported that Cronulla’s property prices have been on the rise since 2009 with the median property price sitting at $1.902 million for houses and $1.018 million for units. Local property agent David Highland believes that Cronulla’s food culture

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The up-and-coming Hills Shire

The up and coming Hills Shire

As Sydney hits the population milestone of 5 million, McCrindle reports that almost half of the population resides in the 14 LGAs that make up western Sydney. The Hills Shire is one of those LGAs. It’s a diverse area, ranging

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Sydney’s biggest office construction boom is about to start

Sydney office

The Financial Review reports that in two years’ time, Sydney’s office construction will kick into top gear. According to forecasters at BIS Oxford Economics, more than 2 million square metres of new office space will be built across metropolitan Sydney

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