Latest Property News

The Insurance Cycle and Recent Catastrophes

The Australian insurance market has emerged from what is termed a soft market, where premiums have remained competitive for a number of years, to the current period where market conditions continue to drive up insurance rates. This is known as the ‘insurance cycle. One major factor for this reversal is the cost of insurance claims.…

Sydney rental vacancies going nowhere fast

Rental vacancies remain tight but steady in Sydney according to the latest data released by REINSW today. Whilst the percentage of available properties in Sydney remained unchanged in October 2009 compared to the previous month, there was an increase recorded in Wollongong. Rental vacancies were unchanged in Newcastle. “Unfortunately the rental picture in Sydney remains…

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.

Strata laws up for state review

These laws were a world-first when they were introduced but they now need an overhaul. “The last review of the Strata Schemes Management Act was done in 2004.” Owners in strata schemes want more control of buildings where noisy backpackers and students constantly move in and out. By-laws should be simplified too to make it…