Category: OTHER PROPERTY NEWS AND VIEWS

Sydney’s Council Mergers Explained

March 14th, 2016

Under new NSW government plans, 152 councils will be amalgamated to cut the overall number down to 112. In Sydney, the number of councils will be reduced from 43 to 25, and regional councils from 109 to 87. While not an easy step, Premier Mike B

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Bidding Wars Continue to Skyrocket Prices Over Sydney Reserves

March 31st, 2015

As the NSW Government and NSW Fair Trading crack down on house price underquoting, the number of houses being sold for thousands of dollars above their reserve continues to soar. Just this month, the Sunday Telegraph revealed that NSW Fair Tradi

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The Sale of Sydney’s Powerhouse Museum: Does it Spark the End of Public Spaces?

March 23rd, 2015

Philip Thalis, Architecture Faculty Industry Advisory Group member at University of Newcastle and co-author of Public Sydney: Drawing the City, has a message for the New South Wales government. That message is “Back off our public spaces, before

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First-Home Buyers in Sydney Need an Extra 10 Months to Save for a Deposit

February 3rd, 2015

The Sydney property market was stronger in 2014 than in 2013, with house prices rising continuously. This means that it’ll take first-time buyers an extra 10 months to save for a home deposit, reported Jonathan Chancellor on Property Observer.

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Sydney Property Boom in 2014 – The 6 Hottest Suburbs

January 29th, 2015

2014 was a good year for the Sydney property market, with house prices skyrocketing to millions of dollars, according to Aidan Devine on The Daily Telegraph. Home auctions also reached a record 39,881, and selling a property has never been easier.

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