LEE WHARF NEWCASTLE HUNDREDS TURN OUT FOR LEE WHARF APARTMENTS OPENING –26 SEPTEMBER 2010– More than 400 groups of prospective buyers converged on Lee Wharf, Newcastle, at the weekend for the launch of 13 luxury harbourfront apartments. The opening drew crowds of more than 500 on Saturday and 350 on Sunday with offers taken on…
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LEE WHARF NEWCASTLE 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. The mix of two and three bedroom plus study waterfront apartments, all with big harbour views, represent some of the best value real…
The housing and construction sector is a key part of the $380 billion NSW economy. That’s why the NSW Government has extended the Housing Construction Acceleration Plan for six months which was due to end on 31 December 2009. Purchasers of newly constructed dwellings worth up to $600 000 will received a 50% discount on…
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. Residex reports median house values dropped 0.91 per cent nation-wide and 1.15 per cent in Melbourne in October, a sharp reversal on the…
RateCity CEO Damian Smith said the national average house price is relatively unchanged compared to 2006, based on RP Data figures. “Buying a home and paying off a mortgage is something most Australians strive for. It got much harder towards the end of 2008, but since the global financial crisis affordability has improved, due to…
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. Even so, our first prediction is that Sydney will record another 4 per cent-plus rise in house prices (as measured by…
Good design can prevent trivial disputes, writes Kelsey Munro. 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…
Australians can cope with high home prices, even as first home buyers struggle to enter the market, according to the Reserve Bank. RBA deputy governor Ric Battellino said that Australian households appeared to have the capacity “to sustain a relatively high ratio of housing prices to income” but older, more financially secure households had seen…