Latest property News

Reserve Bank decides cash rate for September

Tuesday 01 Sep 2020

In line with economist expectations, the RBA has kept the cash rate on hold at 0.25 per cent. All 40 experts featured on the Finder website predicted the hold decision. The decision comes as RBA governor Philip Lowe hinted that the historically low rate will remain that way for a number of years until progress is made towards full employment. AMP Capital chief economist Shane Oliver said the RBA views the March monetary easing package as continuing to help the economy and the main acti ....

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Sydney property bounces back

Wednesday 26 Aug 2020

The Reserve Bank had some good news for the Sydney market on Friday, declaring a "strong bounce-back" in auction rates and listings returning to normal levels. While housing prices in most capital cities have declined a little since May, the rising equity market meant household wealth remained largely unchanged, despite the deep recession caused by the coronavirus pandemic.   "The modest decline in established housing prices at the national level, and the partial recovery in finan ....

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A fair go for first home buyers

Wednesday 12 Aug 2020

The government has developed a new package of measures designed to improve housing affordability across NSW. Supporting first home buyers The NSW Government’s comprehensive package to improve housing affordability is focused on helping first home buyers, who often face stiff competition from investors. For first home buyers, this comprehensive package will: abolish stamp duty on all homes up to $650,000 give stamp duty relief for homes up to $800,000 provide a $10,000 grant for builde ....

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Village Plaza Shepherds Bay

Wednesday 12 Aug 2020

Click the link below to view the Village Plaza Shepherds Bay managed by Strathfield Partners     https://www.youtube.com/watch?v=FBTKJafKlW8

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Strathfield Partners Year in Review

Monday 10 Aug 2020

Click the link below to view Strathfield Partners Financial Year in Review from realestate.com.au https://agent.realestate.com.au/FY21-agency-videos/STRSTR   Thinking of buying or selling? Think Strathfield Partners

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Why the Australian property market is a national obsession

Friday 07 Aug 2020

Australians love talking about property, whether it’s at family barbecues, the school pick-up gate or the office kitchen. In fact, 2019 research by HSBC bank identified Australia as the seventh-highest property-obsessed nation in the world – we spend more hours preoccupied with the property market than we do at the gym or speaking to our parents. Certainly, the performance of the property market over the past three decades has given us plenty to talk about. Through a variet ....

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Off-the-plan unit buyers eligible to recieve Federal Government’s HomeBuilder scheme

Thursday 30 Jul 2020

While most of the focus has been on single home construction, there’s been a boost for fresh off-the-plan project offerings in the Federal Government’s HomeBuilder scheme. While most of the focus has been on single home construction, there’s been a boost for fresh off-the-plan project offerings in the Federal Government’s HomeBuilder scheme. Following the hasty launch of the scheme in early June, the Federal Minister for Housing and Assistant Treasurer Michael Sukkar conf ....

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NSW government announces changes to stamp duty threshold; boost for first homebuyers

Tuesday 28 Jul 2020

First homebuyers who purchase a property worth up to $1million will save thousands on stamp duty costs under new NSW government scheme.In changes announced today by NSW Treasurer Dominic Perrottet to stamp duty threshold, stamp duty will be waived for homes up to $800,000 and discounted up to $1 million from 1 August this year. The previous limit was $650,000."It's the great Australian dream to buy your first home and we want to get as many young families into the housing market as pos ....

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More than half of property sellers withdraw homes from market in first six weeks of COVID-19

Monday 27 Jul 2020

Property auctions in Australia dropped by almost a third during the peak of COVID-19 in Australia, with more than half of vendors choosing to postpone their sale until more confidence comes back into the market.New data from property research firm CoreLogic shows that over the June 2020 quarter - auctions were down 27 per cent compared to the prior March quarter, and down 24 per cent from the comparable period last year.Notably, the first six weeks of the quarter saw 56 per cent vendors withdraw ....

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Can't travel, will renovate

Friday 17 Jul 2020

At the start of the pandemic, home renovator and designer Sarah Tilley was worried her business would go bust, thinking people would hold off renovating and spending money while the virus was raging. But then her phone started ringing, and never seemed to stop. "People are calling us non-stop to get quotes, to install new kitchens, extra bedrooms, formal offices or even do the whole house because they can't travel overseas or to some states in Australia, so they're using their travel money to re ....

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