Australia’s most expensive garage, sold for $822,500 last year, now worth $1.2 million – Daily Mail

Australia’s most expensive garage, sold for $822,500 last year, now worth $1.2 million – Daily Mail

Call it the garage sale of a century. Sydney-siders Odette Maddern and partner Jason Ingleburn must have been mad when they paid a record price of $822,500 last July for this once rusty roller door in Sydney’s east. But now the Paddington pad, which 12 months ago was just a lock-up garage sporting a painted […]

Daily Tele reports Austral property sells $300,000 over the reserve as Liverpool prices soar 24 per cent in a year

Daily Tele reports Austral property sells $300,000 over the reserve as Liverpool prices soar 24 per cent in a year

Median house prices in Liverpool have jumped an astonishing 24.3 per cent to $542,000 in the six months to June, compared with the same period last year. The Liverpool region’s growing prosperity was recently confirmed when an Austral acreage sold for a whopping $2.015m, more than $300,000 above its reserve. “We called at $1.7 million […]

South and north-west Sydney’s development and investment boom

South and north-west Sydney’s development and investment boom

While it is often overlooked in the media hype about Sydney’s property market, areas around the south-west and north-west of Sydney have been experiencing a major boom in development and investment over the past few years.  It also looks like that growth is set to continue and even accelerate.  New South Wales is projected to […]

Divorce Disputes & Property Valuation

Divorce Disputes & Property Valuation

How the real estate property valuation process works in divorce and separation disputes There are a number of instances where real estate property valuation experts are required to provide information as expert witnesses during proceedings in Australian courts of law.  Determinations related to the division of real estate property following divorce or separation is one […]

Compulsory land acquisition, compensation and independent valuations

Compulsory land acquisition, compensation and independent valuations

An article published late last year revealed that the NSW government will acquire hundreds of Sydney homes and businesses to make way for future infrastructure projects like the WestConnex motorway and the Eastern Suburbs light rail extension. It’s not unusual for government entities and private enterprise to acquire land to be used for development. Land […]

Property Value Trends for Sydney, Cronulla and Wentworthville

Property Value Trends for Sydney, Cronulla and Wentworthville

NSW and Sydney property trends: boom or catch up? A NSW Parliament briefing paper published in January this year highlights some interesting short and longer term trends for the property market. The House prices, ownership and affordability:  trends in New South Wales briefing paper makes a number of interesting observations: Between June 1990 and June […]

The future of development in the Sutherland Shire

The future of development in the Sutherland Shire

With recent reports of delays to the implementation of the draft Sutherland Shire Local Environmental Plan 2013 (DSSLEP2013) we thought it would be useful to outline a few of the proposed changes to the development of suburb centres.   Under the DSSLEP2013 most suburb centres will be rezoned to B3 Commercial Core (B3 Zone) with approved […]