Last week’s dramatic events in federal politics have created uncertainty regarding the federal election date. It now seems likely that Australia will not go to the polls on 14 September. Julia Gillard had taken the unusual step of setting the 14 September date much earlier than constitutionally required. With the return of Kevin Rudd, we…
Category: Real estate news
Many people are talking up the effect of Chinese buyers on Sydney property prices. Up until now, however, we haven’t been aware of any attempt rigorously to quantify that effect. A report just released by Citi Research attempts to do just that, looking at (and factoring into its forecasts) the effect of Chinese immigration on…
We are, as they say, living in interesting times. There is an election around the corner. The result seems a forgone conclusion, but not necessarily the candidates who will be contesting it. By the end of the week we should have more certainty about the candidates, but then maybe not the result. Still following me? …
The NSW Budget was delivered this week on 18 June 2013. As expected, it failed to reinstate the First Home Owners Grant for existing properties, although the First Home Owners Grant on new homes was extended to 1 January 2016 (it was due to be reduced to $10,000 on 1 January 2014). For real estate…
For months we have been telling you about the tight rental market and very low vacancy rates throughout Sydney. Those looking for a place to rent in Sydney’s prestigious eastern suburbs often faced fierce competition to secure a suitable property. Well presented and well priced properties rented very quickly, often before the first open. We…
With low vacancy rates the norm in Sydney’s rental market, finding a new palce to live can seem daunting. It’s especially tough to turn up to an open for inspection to find 10 or more other prospective tenants, completed application forms in hand, all vying for the property. We’d like to help. Here are our top…
If you own a NSW property with a swimming pool, you need to be across the latest amendments to the Swimming Pools Act 1992. Owners of properties with a swimming pool must register their pools online by 29 October 2013. The definition of swimming pool is very broad, and would include a spa pool, and…
If you’re looking for a spacious family home and wonderful entertainer, this house is for you! 137 Bellevue Road, Bellevue Hill is a beautiful 5 bedroom family home located in a desirable elevated position in prestigious Bellevue Hill, very close to Double Bay and Bondi Junction. We’ve just listed this fantastic home for auction on 25…
The Sydney residential rental market contracted for a third consecutive month in April, according to REINSW data. Vacancies in the inner suburbs of Sydney (0-10km from CBD) were down 0.1 per cent to 1.6 per cent in April. However, our experience is that things have softened slightly in May, which is consistent with seasonal trends…
So you own your own home but you’re ready to move on – perhaps your family is growing and you need more space, or the layout of your current place just doesn’t suit you anymore … Should you sell or buy first? This can be a tricky question to answer. The risk with buying first…