Archive for December, 2014

Low Sydney vacancy rates highlight need for housing

The latest vacancy rates released by the Real Estate Institute of New South Wales (REINSW) show a steady rate of housing availability, despite drops in certain areas. Although the amount of rentals available is stable, the figure is still too low to start reining in the housing market.

Vacancy rates for November in inner Sydney fell by 0.1 per cent to … Read more »

Government strategy gets Sydney moving

Real estate in Sydney has been one of the nation’s most desirable assets for a while now and plans are being put in place to keep the New South Wales capital a hot spot for growth and development. According to a recent release from the Property Council of Australia, a new strategic plan for Sydney’s growth is welcome news for … Read more »

NSW to see flood of new housing

Buyers fighting tooth and nail for a property in New South Wales’ in-demand capital city may find this year their saving grace. The Housing Industry Association (HIA) recently reported that 2014 is set to be a banner year in terms of new home building, particularly in the First State.

The spring edition of the HIA’s National Outlook report card released late … Read more »

How can I improve the energy efficiency of my property?

Energy efficiency is high on the agenda for many people at the moment. With electricity and gas bills rising, it’s hardly surprising consumers are becoming more environmentally concerned.

This is where energy efficient property really has the chance to come into its own. If you can showcase that your property has environmental credentials, finding tenants and buyers could become a whole … Read more »

Sydney declared one of 100 most resilient cities

Sydney is known for being one of Australia’s most liveable, sustainable and biggest cities – and now it has one more accolade to add to its name: resilience.

The Harbour City was one of 35 new cities to join the Rockefeller Foundation’s line-up of 100 Resilient Cities, a list of global cities that are working to weather the shocks and vulnerabilities … Read more »

Amidst market moderation, Sydney stays strong

As the Christmas period approaches, investors in Sydney could be winning out, according to the most recent figures from RP Data. In terms of both price growth and auction volumes, conditions in Sydney are more accommodative than the other capitals this month.

Sydney was one of only five┬ácapitals to see any kind of dwelling value growth over the month of November. … Read more »

Cash rate held, but interest rates not everything

The official cash rate (OCR) has been held for a full year, with the Reserve Bank of Australia’s (RBA) decision on December 2 to keep it at 2.5 per cent for another month. This news will no doubt hearten home buyers around Australia, who are all but guaranteed to see interest stay at current lows until the next time the … Read more »

The NSW First Home Owner Grant in a few easy questions

Australia’s various First Home Owner Grant (FHOG) schemes are a fantastic way for new, prospective home owners to get their foot on a rung of the property ladder. It would be a shame to miss out on this fantastic benefit simply because you were unfamiliar with its basics.

Consider this your one-stop repository of information surrounding the programme’s iteration in New … Read more »