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Kareela is most liveable suburb in Shire

Kareela is most liveable suburb in Shire

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 […]

Original blog: What does a unit oversupply mean for the property investor?

Original blog: What does a unit oversupply mean for the property investor?

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 […]

Developers turn their attention to golf course estates

Developers turn their attention to golf course estates

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 […]

Brexit could reel in more foreign investors for Australia

Brexit could reel in more foreign investors for Australia

Brexit is likely to channel more foreign investors to Australia property experts say. REA Group Chief Economist Nerida Conisbee says for offshore investors looking for a safe place to park their money, Australia is coming out as a sparkling first choice in the midst of the Brexit turmoil. Despite a significant drop-off of foreign investment activity, […]

Properties discounted in pockets of Sydney’s west

Properties discounted in pockets of Sydney’s west

Shrewd property buyers have bagged homes for discounts of more than $1 million by targeting properties in a belt of suburbs stretching from Bankstown through Canterbury to Holroyd. Buyers in these regions negotiated average discounts of between 10 and 20 per cent off the advertised price of houses over the past year, defying skyrocketing house […]

Iemma ‘voice of the south’

Iemma ‘voice of the south’

Former premier Morris Iemma will represent St George and Sutherland Shire on a new state government body that has been given the job of shaping Sydney’s future planning direction. Mr Iemma, a Narwee resident who has community and sporting roles in St George, has been appointed district commissioner for the south on the Greater Sydney Commission according to a […]

Property prices soar in western Sydney area

Property prices soar in western Sydney area

The Landlease community of Jordan Springs, located 7kms from the Penrith city centre, has experienced a significant increase in its median house price in the last 12 months. The western suburb’s median house price is $678,000, Corelogic RP Data records show. The figure jumped 19 per cent in the 12 months to February, greater than […]

Foreign buyer crackdown as new identity rules applied to Sydney property market

Foreign buyer crackdown as new identity rules applied to Sydney property market

Buyers and sellers of real estate will have to prove their residency and citizenship status to the NSW government before a sale is completed, under new rules targeting foreign buyers that will apply from July. The Baird government will collect the first comprehensive data about the real level of foreign ownership of NSW houses and […]

New community in Sydney’s south sells out in one day

New community in Sydney’s south sells out in one day

In just one day, all 85 land lots released in the first stage of the New Breeze masterplanned community in Sydney’s south-west suburb of Bardia had sold, realising $36.4 million. Buyers were drawn to New Breeze’s proximity to the Edmondson Park train station, which is 400 metres from the estate’s entrance and which will get commuters […]

ABS reveals record number of new homes built during 2015

ABS reveals record number of new homes built during 2015

Regardless of mixed reports about the state of the current housing marketing across Australia, the Australian Bureau of Statistics has revealed that new construction records were set in 2015 for some states with a surge in the multi dwelling sector. The largest increase for new developments were seen in New South Wales, followed closely by […]