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…
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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…
Our new sales listing on Northcote Street, Rose Bay ticks all the boxes for a fantastic family home. The 5 bedroom, 3 bathroom freestanding house is on level land, faces north at the rear, has a pool, plenty of accomodation, is very liveable, and is in a convenient but quiet and private Rose Bay location.…
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…
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…