Posts Tagged ‘real estate market’

State of the market – danger or opportunity?

It’s safe to say that there’s a higher than average chance that Australia will have a Labor government next year, if not before. How, then, will Labor’s policies affect our already anaemic real estate market?

Here, I’m talking about the removal of negative gearing on all but new properties, and the halving of the capital gains tax concession. Will they, as some predict, be the final nail in the coffin, with … Read the full post »

What’s happening with the Sydney property market?

Hart_011So what is happening with the market? That’s what everyone is asking but no one seems to be sure about. There’s been chatter along the lines that the market may have peaked early this year and is sitting somewhere just under this point. However, due to low winter sale volumes, no one really knows if this is right.

Let’s start with some … 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 »