Category: OTHER PROPERTY NEWS AND VIEWS

Sydney hefty house rents push tenants into units: APM

April 30th, 2013

Hefty house rents in Sydney have been driving tenants towards cheaper rental units but this may lead to unit rents rising to the same level, according to Australian Property Monitors (APM). House rents remained unchanged at $500 per week over the

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Derelict homes worth millions

April 30th, 2013

A former boarding house at 64 Mullens Street Balmain, originally listed with a guide of $900,000 attracted a swarm of interested buyers. It looked like a scene out of Mad Max - gates rusted off their hinges, graffiti covered walls and advanced stage

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RBA likely to continue rate cuts in 2013 after unemployment rise: Macquarie’s Brian Redican

April 29th, 2013

The unexpected rise in the unemployment rate in March may prompt the Reserve Bank to begin cutting rates again, but not immediately, says Macquarie senior economist Brian Redican. The unemployment rate increased by 0.2 percentage points to a two-a

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Sydney’s residential property market – has spring already sprung or is this a false dawn?

August 26th, 2009

The past As one of the most hectic winter selling seasons in parts of the Sydney residential property market draws to a close, it is appropriate to reflect on the turbulent trends since the September 2008 collapse of Lehman Brothers in an attempt to

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