Friday 12 February 2016: A Strathfield business has been recognised as one of Australia’s leading real estate sales offices in a national list of top performing agencies. Strathfield Partners Real Estate secured 2nd position in the 2016 Real Estate Business Top 50 Sales Offices benchmark report, which ranks real estate sales offices across Australia…
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A new report that claims to bust negative gearing myths has provided analysis that is likely to please and annoy both sides of the debate. The Deloitte report, Mythbusting Tax Reform, said it is a myth to claim that negative gearing is a horrible tax loophole that should be closed. “The blackest hat in Australia’s tax…
THERE was a moment in the early 1990s when we all wanted our homes to look like Santorini. I’m really not sure what prompted it. Mamma Mia wasn’t even on the horizon. My own apartment had white floorboards, white walls, white blinds and every accessory chosen to match the famous blue domes of Oia. Transported…
THE thing that influences homebuyers the most when it comes to buying in a particular suburbs is price. New research by finder.com.au has revealed it’s not about living in the trendy suburbs that appeals most to buyers but things like price, low crime rates and peace and quiet. In fact many potential buyers rated living in an…
Units in the western Sydney district of Parramatta have seen strong growth values over the past 12 to 18 months, with estimates the local unit market has increased 12% in the past year, according to Herron Todd White. Herron Todd White’s September Month in Review found up until now demand has outstripped supply due to many…
The New South Wales government is shooting for a target of 90% of housing approvals processed within 40 days however will need a better planning system to achieve this, according to the Property Council of Australia. The state government outlined the possibility of the new accountability framework this week. Property Council of Australia executive director Glenn…
Last week the Reserve Bank’s (RBA) Head of Financial Stability Luci Ellis gave an interesting speech entitled ‘Property Markets and Financial Stability: What We Know So Far.’ In my opinion one of the more interesting pieces of analysis in the speech was the analysis of inner city housing prices relative to those in the outer…
Surging house prices and bigger superannuation balances have lifted the average wealth of Australian households. Older home-owning couples without a mortgage have the highest average level of wealth. The hot property market also drove increases in average wealth for home owners with a mortgage to $857,900 in 2013-14, up from $790,000 three years ago. It is almost $1.4 million for those who are mortgage…