Modest growth in housing market likely in 2016

Modest growth in housing market likely in 2016

While residential property prices might fall in 2016, it will be limited to less than 10% with “little significant downside risk” to the housing market, ANZ has said in its latest housing update. According to a recent Australian Financial Review article, despite the headwinds facing the housing market though the second half of 2015, ANZ […]

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 […]