News
Strathfield Partners Newsletter
December
Merry Christmas from the Team at Strathfield Partners Real Estate
We take this opportunity to sincerely thank you for your support over the year
Strata laws up for state review
These laws were a world-first when they were introduced but they now need an overhaul.
Where is the housing market headed
Last week’s interest rate cut hasn’t proven to be quite the shot in the arm many real estate agents thought it would be and as 2011 rounds out, the industry is hoping home buyers will come back with renewed vigour after the New Year.
A year of living strategically
As this is the last Flat Chat for the year, let's look at what's happened in strata in the past 12 months.
Major bank announces rate cut
Two days after the RBA Board made its announcement, the first full 25 basis point rate cut has been delivered by one of the big four banks.
November
Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting today, the Board decided to lower the cash rate by 25 basis points to 4.25 per cent, effective 7 December 2011.
September News!
Structured Workplace Learning Program 2011
In recognition of your continued support and commitment to the Structured Workplace Learning Program 2011
City lost $800m on houses in three years
SYDNEY property owners lost $800 million by selling their homes over the past three years in an "ice-cool"market.
Strathfield Partners - Make a Fresh Start this Spring
We offer only the finest quality and expertise of services, constantly striving to set a higher benchmark within the Real Estate industry through our professionalism, commitment and dedication. Our company is extremely proud of its reputation based upon the service, integrity and success our clients have enjoyed with us.
First home buyers' sting in state budget
FROM January 1, First Home Buyers will no longer have their stamp duty paid by the state government unless they buy a newly constructed home.
First home buyers expected to dominate in spring
The first home buyer market is expected to be the most active segment over the coming months, the head of a real estate agent group said.
Housing more affordable now than 5 years ago
Average Australians face a better prospect of saving for a first home in 2011 compared to five years and especially two years ago, according to research by financial comparison site RateCity.
Prime time for property investment
Attractive rental yields and flat property prices are expected to entice investors back into the market throughout the remainder of 2011.
The Insurance Cycle and Recent Catastrophes
Where the Hammer Falls
Article appearing in the Inner West Courier, 24 May 2011 edition
2011 Inner West Local Business Awards
After winning the prestigious 2010 Inner West Local Business Award, it is with immense pride and honour to have been nominated as a Finalist for the 2011 Inner West Local Business Award. We at Strathfield Partners have endeavoured to increase the benchmark in customer service and the real estate industry and will continue to do so, with the support and help of the community. We take this opportunity to thank you for this nomination and your on-going support
Meet the Team!
May Fair is Coming!
The 'Olde Fashioned May Fair', hosted by Strathfield Chamber of Commerce and Strathfield Korean Business Association is around the corner!
Why negative gearing has failed
A key reason why I started writing was because the quality of commentary and debate around housing and other important issues had deteriorated so badly that the media had become little more than a mouthpiece for vested interests. Lazy journalists were writing puff piece after puff piece parroting the latest press release or one-eyed piece of research from real estate spruikers, banks and other so-called ‘experts’.
RBA Governor still comfortable with housing prices, but data suggests buyers are nervous
Reserve Bank governor Glenn Stevens has said housing prices are nothing to be worried about, telling a business lunch yesterday prices in the current residential property market are "not exceptional by global standards".
Brand New Luxury Terraces
Life is rich with possibility in these new, modern terraces in the Italian Quarter of Leichhardt. A choice of 6 three-bedroom with study and 2 two-bedroom with study terraces created by renowned architects Loop Design, offers a wealth of living options with both open space and intimate rooms. A leisurely walk from the buzz of Norton Street, North Street Leichhardt is an address for those who love to live a relaxed cosmopolitan lifestyle.
Tighter lending hinders market
Any hard working self-employed people and small business owners are finding it harder to get finance.
Overview: NSW Property Market
Property sales are the most important factor considered by valuers when determining land values as at 1 July each year.
New Leader for Strathfield Business
First Home Owner Grant changes
In what is good news for first home buyers intending to buy their first property, the NSW Government has announced that the First Home Owner Grant cap will be increased to $835,000 from 1 January 2011.
Get To Know Your Agent
Newcastle named one of world's top ten cities
Tourism is tipped to soar in Newcastle, which has been named one of the top 10 cities by travel bible, Lonely Planet .
Signs of Success
Newcastle tops list of best places
Albania, Cape Verde and Syria are among the new top travel destinations in the world, while the NSW "steel city" of Newcastle is one of the best cities to visit.
Confident market snaps up Lee Wharf offering
Confidence is returning to the Newcastle property market with hundreds of prospective buyers flocking to the opening of the luxury Lee Wharf apartments, and offers taken on at least half of the properties
Strathfield Partners Logo is now a Registered Trademark
Market snaps up Lee Wharf offering
Confidence is returning to the Newcastle property market, with hundreds of prospective buyers flocking to the weekend opening of the luxury Lee Wharf apartments, and offers taken on at least half of the properties.
Lee Wharf Newcastle
HUNDREDS TURN OUT FOR LEE WHARF APARTMENTS OPENING
LEE WHARF LUXURY RESIDENCES HIT THE MARKET
The final 13 apartments in the acclaimed Lee Wharf luxury residential development on the Newcastle harbourfront will be released for sale this weekend (September 25), at steeply discounted prices.
ATO: please explain $65m deductions
The Australian Taxation Office has identified $65 million in overstated claims for tax deductions by 15,000 people so far this tax time.
Get ready to 'move forward' on auctions front
It's that time again when Australians head to the polls and reduce property market activity to a crawl. Today, there are only 170 auctions listed - less than half the number of the previous weekend. This is almost identical to what happened during the November 2007 federal election.
High-density without high stress
It might be the sound of the giant plasma television your neighbour has installed on a common wall or the red Toyota that steals your carspace. Perhaps it's the clatter of high heels on the hardwood floor above. They are all little irritants that can, over time, make high-density living unbearable. Yet closer living is Sydney's future, and today's trivial disputes could be tomorrow's widespread social problem, new research warns.
Little fill-ins here and there won't crack your sale price
Following our recent article on pre-purchase house inspections (August 7), one reader wrote saying she plans to sell her Glen Waverley house, in which walls have cracked due to the drought. She asks: "Should these cracks be filled and painted over, or left to detract from the price that the house might bring?"
Rents leap as race to find homes intensifies
Rents for two- and three-bedroom homes in Sydney's inner suburbs have leapt in recent months, a clear sign the dampening effect of the global financial crisis has ended.
2010 Inner West Local Business Awards
Strathfield Partners Soccer Match
Strathfield Partners still has world cup fever and organised a match on Wednesday, 14th July 2010 between our young Italian team and young Korean team. Congratulations to the Italian team who won 6-4!
Property Town
Strathfield Partners BBQ
With an abundance of food and beverages, courtesy of Strathfield Partners, staff members, friends and family gathered together to join in the atmosphere and energy prior to kickoff; the long awaiting first match between South Korea and Greece in the 2010 World Cup.
Strathfield Partners BBQ
With an abundance of food and beverages, courtesy of Strathfield Partners, staff members, friends and family gathered together to join in the atmosphere and energy prior to kickoff; the long awaiting first match between South Korea and Greece in the 2010 World Cup.
Know Your Agent
Know Your Agent - Korean Agents
Investing in a better future for New South Wales
Premier Kristina Keneally Purchasers of newly constructed dwellings worth up to $600,000 will received a 50% discount on stamp duty if they purchase before 30 June 2010
Buyers are still keen, just not in all areas
November is normally the year's busiest auction month, and accordingly the clearance rate typically tumbles under the weight of listings. But not so this year.
Boom town glad rags tell only part of the story
Look beyond the promising headlines for a lasting, stable investment.
House price rises to ease in new year
It's time to pull out the old crystal ball for what lies ahead for Sydney's real estate in 2010. Mind you, house price forecasting these days is becoming darker than the darkest of arts.
High home prices sustainable: RBA
Australians can cope with high home prices, even as first home buyers struggle to enter the market, according to the Reserve Bank.
We recently bought a house without much equity and want to put all debts into one loan. Any suggesti
Interest rate rises send house prices into reverse
Get ready for a surprise. Despite the appearance of a market on fire, new figures from Residex show that property prices may have lost ground for the first time in six months.
Best buys for beginners
As 2009 winds down and auctions begin to dwindle, the competitive struggle for an affordable home is no more evident than in Sydney's inner west, which is a hot spot for first-home hopefuls.
Government evicts landlords from NSW
Residential investors will be forced out of the state’s residential rental market if proposed changes to the Residential Tenancies Act are introduced, according to the REINSW.
Living comfortably in the shadows
Smart shading can help heatproof your home, writes Michael Green.
Rents rise across the country
Rents on houses and apartments climbed nationwide throughout the year, even as low interest rates and the Federal First Home Buyers Grant boost lured more people into home ownership, a report shows.
Setting the period tone outside and in
The right style of garden for your period home can add value to the property. Here's how landscape designer Jim Fogarty did it for two front gardens.
Sydney rental vacancies going nowhere fast
Rental vacancies remain tight but steady in Sydney according to the latest data released by REINSW today.