Archive for April, 2013

Make big $$$ Rent out your home as a holiday rental … Or maybe not

If you live in the eastern suburbs of Sydney (and perhaps elsewhere) you’ll have noticed that an increasing number of people are renting out their residential homes as holiday rentals. It seems that every second day someone tells me how much money they have made leasing out their North Bondi or Rose Bay house for a four week period over Christmas and New Year. While there is some hassle involved (cleaning … Read the full post »

Randwick real estate brings excellent price at auction

We had a great auction on Tuesday night, with all three properties bringing excellent results.

29 Captain Pipers Road, Vaucluse – a fantastic piece of land – sold prior to auction.

The other two properties – 7/32-34 The Avenue, Rose Bay and 1/30 Figtree Avenue, Randwick – sold under the hammer.

The standout on the night was Figtree Avenue. There were 12 registered bidders, and competition was fierce, with the successful purchaser paying $786,000 for … Read the full post »

NSW Government releases White Paper – A new planning system for NSW

A couple of weeks ago, we wrote about the NSW Government’s proposed reform of planning laws. The changes aim radically to transform the system of planning in this state. As always, the devil is in the detail, and the implementation (which will be difficult).

On 16 April, the Government released its White Paper on the reforms. There will be public consultation on this document until 28 June.

Given the significance of the proposed … Read the full post »