Archive for August, 2013

Increasing the affordability of Sydney property through revised planning

Sydney property has always been incredibly sought after. The vibrant, bustling New South Wales cultural hub is a popular destination for everyone – whether you’re a local looking for a change of scenery, or a tourist searching for the adventure of a lifetime.
The latest proposal from the NSW government is to change the rules surrounding regulation planning, which would allow … Read more »

Returning confidence to Sydney’s housing industry

The returning strength of Sydney’s housing market has been on the minds of many real estate professionals and property investors for a long time, but now there are signs of recovering confidence.
The latest figures released by the New South Wales Department of Planning and Infrastructure have highlighted an improvement in Sydney’s housing construction industry, with an improvement of 5,500 dwellings … Read more »

Gen S: How the next generation are turning towards property for financial security

In the wake of the Global Financial Crisis, a new trend has emerged in the real estate market. According to the latest study by Co-Op, the younger generation is increasingly shaking off the old party lifestyle in favour of working towards purchasing property.
The report points to the emergence of Gen S – or Generation Sensible – which consists of 17- … Read more »

Survey: Homeownership the highest priority for many Australians in the coming year

If you’re considering purchasing property in the near future, you’re definitely not alone. Homeownership has always been a goal for many Australians, with the dream of owning property being high on many people’s list of wants for the future.
The latest Westpac Home Ownership Report has highlighted this fact, with the majority of respondents stating that purchasing property was their top … Read more »

Rental discrimination: What landlords need to know

One of the hardest parts of being a landlord is finding the right tenants to inhabit your rental properties. However, it is important to get this process right in order to ensure a long and fruitful relationship between you and your occupants.
When screening potential tenants, you want to take into account factors such as past rental and employment history. This will give you a better idea as to whether or … Read more »

The importance of doing your property homework

Buying a home can be a complicated process – there’s so much information (and misinformation!) out there, that it can sometimes be hard to figure out what’s accurate and what’s not.
That’s why it’s important to do your own research, and to weigh up the facts and figures carefully to ensure you make a property decision that will continue to benefit … Read more »

Young Australians look towards property investment

If you’re a young Australian who believes property investment is purely for older people with big bank accounts, you might want to think again.
A new study from Mortgage Choice has revealed that more and more young Australians are planning on investing in property in the near future.

According to the home loan company’s survey of more than 1,000 Aussies, 34 per … Read more »

City of Sydney outlines plans for the future

Sydney looks set to become an even more exciting place to work and live, as the local council has released a new draft strategy outlining future economic plans for the New South Wales capital.
The strategy presents three key areas of focus for the Sydney economy moving forward: increasing competitiveness, strengthening productivity and capacity, and promoting opportunity.

According to Lord Mayor Clover … Read more »

How to move home with children

Moving home can be a difficult process with children. Here are a few tips for making the big shift that much easier.
Buying a new home can be an exciting, but also nerve-wracking time. After all, there are a lot of factors to consider when making one of the biggest purchasing decisions of your lifetime.

One issue that many homebuyers struggle with … Read more »

New report highlights advantages of second Sydney airport

Sydney property investors may be interested to learn that a second international airport looks to be on the way for the New South Wales capital.

A report released by the NSW Business Chamber on August 13 has outlined three potential growth scenarios for a second Sydney airport, and has modelled the economic outcomes of each option.

According to the report, building the … Read more »