The proportion of inaccurately quoted price guides dropped by a third in February 2016 compared to last year, according to statistics released on Tuesday by property price prediction company RealAs. In February 2015, agent underquoting hit an average of 13.9 per cent, compared to 9.7 per cent in 2016, according to the Sydney Morning Herald story. It is […]
The Macarthur Chronicle Campbelltown has reported record property price levels across the northern Campbelltown area due to developer demand for land along the railway corridor. An area that was once considered affordable, in Sydney terms, has recently seen prices soaring up to $2.2 million. Developer demand is driving the price increases following re-zoning of land […]
A recent article from ABC News notes that while Sydney house prices continue to rise prices in other states are either remaining the same or showing greater volatility. To read the article see here: http://www.abc.net.au/news/2014-11-03/home-price-surge-continues-in-sydney-other-cities-subdued/5861982
Housing price movements provide SMSF trustees looking to property with vital investment tips and traps. The first six months of 2014 have shown a mixed performance across Australia’s capital city housing markets. According to the RP Data–Rismark Home Value Index, values across the combined capital cities have increased by a cumulative 3.3 per cent over […]
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 […]
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 […]
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 […]
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 […]
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