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 […]
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 […]
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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