New South Wales is poised to lead the country in growth in the next two years, topping Victoria, even as the overall economy remains weak and the pain continues for the resources-powered economies of Queensland, NT and Western Australia. According to the latest Economic Outlook bulletin by leading industry analyst BIS Shrapnel, the Australian economy…
Latest Property News
Homeowners are electing to undertake renovations rather than sell their properties in an attempt to avoid stamp duty. The number of property transactions had hit a four year low for the month of October 2016 according to data from the NSW Office of State Revenue. The number of Land Related Transactions transactions in October 2016…
STRATHFIELD has a new residential price record after an eight bedroom mansion was snapped up for a whopping $7.3m at auction today- more than three times the suburbs average sale price. The English style manor drew a crowd of more than 70, with five of the 12 registered bidders fighting it out to own the…
STRATHFIELD is set to have another suburb record broken with the sale of a luxurious eight-bedroom house. Listed with a price guide of $7 million, the property at 2 Llandilo Ave is expected to eclipse the current record of $6.825 million set by a seven-bedroom home at 47 Newton Rd. The house has been tightly held by its…
My Rental Bond has been created to help tenants who are left with no option but to stay in their original dwelling because they don’t have bond money and/or the bond is in dispute. My Rental Bond will pay the approved applicants’ bond within 48 hours to help them move out. According to website Don’t Rent Me, the suburbs worst affected by bond related issues include Randwick NSW, Southport QLD, Morphett Vale SA, Frankston…
Costly pre-purchase building, pest inspection and strata reports are an imperative when buying property, but laws now operational across NSW might make them cheaper from a collaborative approach. It’s a timely initiative by the Minister for Innovation and Better Regulation Victor Dominello who has come up with a system that should see savings for intending home buyers.…
The Aus-China ‘honeymoon’ is over. A ‘warts and all’ marriage is developing. The honeymoon was characterized by the many Chinese-linked deals and investments over the past decade with little public and political influence at the individual deal level. This is now changing due to: the USA and China are using tensions in the South China…
here are over 300 species of termite in Australia, but the vast majority of termite damage in New South Wales is caused by subterranean termites, so called because they make their nests in the ground. Termites have been known to feed on many materials including plastics, rubber, fibreglass and of course wood. They attack house…