Smaller housing blocks may be keeping prices affordable but at what cost to the traditional “Aussie” way of life. Australians love of the single detached house with a “quarter acre” block is strongly embedded in our culture and often referred to as the “Australian Dream”. However, as we approach another Australia Day, the tradition of […]
Three groups of homes on the same street and zoned R4 for high density residential development are on the market in Penrith. Located on Hope St, the listings are hot property for developers hunting for apartment sites. On top of this, demand for housing close to Nepean Hospital, which is within walking distance from Hope St, is on […]
Sydney’s coastal homeowners face their property values being reduced, as the future risk of increasingly extreme weather events grows, a climate risk consultant says. Dr Karl Mallon, director of science and systems for Sydney-based consultants Climate Risk told The Sydney Morning Herald that there are “potentially millions and millions of dollars of revaluation that has to happen in […]
ORIGINAL BLOG: Investors are always looking for the next ‘hot spot’ and while many people may have missed the boat on Sydney’s inner city areas, there are still affordable suburbs further out that are showing the early signs of gentrification. Gentrification refers to the migration of higher income households to lower income neighbourhoods where the […]
The Sydney property market continues to surprise with the auction of a Birchgrove terrace on Saturday fetching well above its reserve. The auction of a Birchgrove terrace on Saturday was rapid, abrupt and left punters gasping for breath, according to Domain. The two-bedroom artist’s haven in the peaceful inner west enclave sold for $1,482,000 – $132,000 […]
Web portal Rent.com.au has joined forces with Airbnb, partnering to encourage renters to ‘try before you buy’ by test driving a new neighbourhood before signing a rental lease. With a growing number of Australians opting to rent as a conscious lifestyle choice, Rent.com.au and Airbnb have signed an agreement that would allow renters the ability […]
A continuing surge in property investment is threatening future action from the banking regulator, economists have warned. The total value of investment housing commitments increased 3.2 per cent on a seasonally adjusted basis over June, Australian Bureau of Statistics Housing Finance data shows, according to a Domain article. This followed a 5.3 per cent increase in investor housing […]
Kareela and Bardwell Park are the most liveable suburbs in St George and Sutherland Shire, a new study reveals. Domain has ranked 555 Sydney suburbs based on 16 liveability factors including transport, education, traffic, views, cafes and restaurants, proximity to employment hubs and access to the beach and parks. Kareela came out on top in the […]
There has been much media noise over the last few months about whether there is an oversupply of apartments across Sydney and the long-term effects on pricing and valuations. While reports are conflicting, the consensus seems to be that there are warning signs of an apartment glut, especially in inner city Sydney. According to a […]
At the same time as housing demand continues, governments and developers have turned their attention to the valuable real estate owned by golf clubs. Sydney alone has 38 square kilometres of land devoted to the sport. With 91 courses in its metropolitan area, Sydney has more land dedicated to golf than any other major city […]
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