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October 2018 Newsletter

October 2, 2018

Newsletter

TENANCY LAWS IN NSW GET MAJOR SHAKE UP It’s been described as the biggest shake up of rental laws in more than two decades, with the NSW government recently announcing long-awaited amendments to the Residential Tenancies Act. Better Regulation Minister, Matt Kean labelled them “sweeping reforms for tenants’ rights”. The new laws are along the […]

September 2018 Newsletter

August 28, 2018

Newsletter

OUT WITH THE COWBOYS, IN WITH THE OPPORTUNITIES With the Sydney housing market beset by weaker prices and auction clearance rates throughout autumn and winter, it’s no surprise that the arrival  of spring is being met with plenty of  nervous anticipation. While some may put the cold season’s less-than-stellar results down to the traditional winter […]

July 2018 Newsletter

August 2, 2018

Newsletter

LESSONS FROM THE PAST: HOUSING TRENDS In the thick of markets fluctuating and home owners and investors not knowing whether they should invest now or hold fast until things stablise, it’s tempting to look back at the past and see what housing trends from yesteryear can teach us… Market analysts CoreLogic have done just that, […]

August 2018 Newsletter

August 2, 2018

Newsletter

TOOLS AT THE READY … Australia is on the brink of a housing-renovation boom, with more that $40 billion expected to be spent on renovations over the next five years to 2023. The reason for the reno-boom? A large number of houses that were built in the 1980s are getting close to or are at […]

January 2018 Newsletter

June 5, 2018

Newsletter

SYDNEY PROPERTY CALM BEFORE THE STORM: SQM Happy New Year to you all and here’s wishing 2018 will be a great and productive one. Speaking of productive, finding a property bargain in Sydney these days involves a bit of digging but it is still possible – at least for the next few months. According to SQM Research, […]

February 2018 Newsletter

June 5, 2018

Newsletter

AUCTION SEASON BEGINS Saturday February 3 is shaping up to be the first auction weekend of the year, with many homeowners waiting till Australia returns to normal (after the Australia Day long weekend) to put their properties up for auction. There’ll be much interest in how Sydney’s housing market performs during this next auction season (given […]

March 2018 Newsletter

June 5, 2018

Newsletter

RESIDENTIAL LAND IN SYDNEY HITS ALL-TIME HIGH DEMAND OUTWEIGHING SUPPLY The high cost of new residential land is at the heart of Australia’s housing affordability crisis, the country’s peak housing body has stated. Commenting on the latest HIA-CoreLogic Residential Land Report, Shane Garrett, senior economist with the Housing Industry Association said: “Residential land prices hit another […]

April 2018 Newsletter

June 5, 2018

Newsletter

RBA RESEARCH SHOWS DRAMATIC EFFECT OF ZONING RULES ON SYDNEY HOUSE PRICES Zoning rules account for 73 per cent of the cost of land in Sydney according to new research from the Reserve Bank of Australia, pushing the average price of a detached home from $671,000 to $1.16 million. The study – The Effect of Zoning on Housing […]

May 2018 Newsletter

June 5, 2018

Newsletter

FIRST HOME BUYERS TAKE ACTION First home buyers are now flooding back into the Australian housing market according to recent statistics released by the Australian Bureau of Statistics (ABS). Current stats show that there has been a marked upturn in sales to first home buyers over investors in both the NSW and Victorian markets recently. The […]

June 2018 Newsletter

June 5, 2018

Newsletter

MARKET SLOWS, BUT INNER WEST HOUSE PRICES ON THE UP A constantly fluctuating market is making it hard for analysts to predict what might happen next, but the most recent Domain report shows Sydney house prices have taken their biggest hit since 2015, falling 2.6 per cent in the March quarter. And while that might sound […]