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Greater sydney region

Farm labourer who dropped out of school uses cunning strategy to buy 26 properties worth $9.5m

Farm labourer who dropped out of school uses cunning strategy to buy 26 properties worth $9.5m

Investor Sam Gordon quit his job at 28 and used the rental income from his properties to travel the world. High school dropout turned real estate investor Sam Gordon owns so many properties he often needs a minute or two to remember exactly where they are. At 31 , the Southern ...

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Why buying an apartment for investment is a bad idea despite Australia's booming property market

Why buying an apartment for investment is a bad idea despite Australia's booming property market

Apartments are in oversupply in suburbs where house prices are booming Rental vacancy rates are also higher than average in suburbs near universities  Belle Property Ryde principal Phillip Allison conceded unit oversupply issue  Moody's Investors Service issue...

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‘Biggest boom ever’: Sydney suburbs where home prices could skyrocket even more

‘Biggest boom ever’: Sydney suburbs where home prices could skyrocket even more

Phil and Vanessa Machin, with daughter Chloe, bought in the red hot northern beaches market. Sydney's explosion in house prices is on track to become our biggest ever property boom, with prices set to continue rising in every city region this year. New sales analysis showed the...

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Buyers struggle to get hold of accurate price guides in hot Sydney market

Buyers struggle to get hold of accurate price guides in hot Sydney market

Recent buyer Melissa Steckler said price guides were "laughable" as she quickly realised she was regularly underquoted. Desperate Sydney buyers are facing the near-impossible task of finding homes they can afford as increasingly inaccurate price guides are throwing many off course in t...

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Why now might be the time to invest in the property market

Why now might be the time to invest in the property market

A shortage of rental accommodation, multiple applications per property and rising rents are proof that Australia's rental market is undersupplied, with predictions the country could soon see the "biggest rent increases in living memory". Propertyology head of research Simon Pressley sa...

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How the Australian property market avoided a crash in 2020

Australia headed to its first recession in over 28 years, but no drastic decline was seen in the housing market. Here's how the property market managed to handle the downturn. 2020 has seen devastation across a number of sectors, with wages down by 4.3 per cent and payroll jobs decreas...

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Canberra now Australia’s second most expensive property market

Canberra is now Australia's second most expensive property market, overtaking Melbourne. New data from property research firm CoreLogic shows Canberra now carries a median value of $672,866, overtaking Melbourne which sits at a close $672,172. Sydney remains the most expensive ...

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Sydney auctions: demand for multi-generational living pushes up prices for prized homes

Sydney auctions: demand for multi-generational living pushes up prices for prized homes

Two generations of a Caringbah South family joined forces to beat stiff competition at auction for their neighbour’s house with water views. The family paid $1.897m for the  r...

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Sydney apartment buyers pay 68pc premium

People in Sydney pay 68 per cent more for apartments than they cost to build, a gap the Reserve Bank says indicates a shortage of properties. RBA staffers Keaton Jenner and Peter Tulip said planning restrictions have created the shortage which is most acute in the eastern suburbs, Leic...

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Coronation Makes $293m Build-To-Rent Plans

Coronation Property are moving forward with plans to build 790 build-to-rent apartments in western Sydney’s Merrylands at an estimated cost of $293 million. font-family: Roboto-Slab, sans-serif; font-size: 16px...

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The best places to buy a property in Sydney for less than $700k

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Construction to begin on $11 billion Western Sydney airport metro line

Construction will begin this year on a metro line linking the new Western Sydney airport and St Marys railway station, after a $5.25 billion injection from the Federal Government announced today. Two new metro stations will also be ...

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Alex Avenue new primary school

We are building a new school in Schofields to support the growing community.  The new school will accommodate 500 students and allow growth in the future for 1,000 students. The benefits Flexible tea...

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New South Wales isn't building nearly enough houses for the future – and it means prices can only keep soaring

New South Wales isn't building nearly enough houses for the future – and it means prices can only keep soaring

Sydney’s property bounce may have a whole lot more in it. The suggestion comes as the latest New South Wales building approval...

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Sydney’s moment of truth

Adozen cranes branch into the sky where tenants Bri Voto and Jason Martin look out from their front porch. Their yard spills onto an empty block that touches James Ruse Drive, near where the highway crosses the Parramatta River. A plank forms a makeshift bridge ov...

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Rampant growth in Sydney, Melbourne runs out of steam

After staging stronger-than-expected price rises in the past three months, the rate of growth in Sydney and Melbourne markets eased as the year ended, with the amount of listings and the dint in affordability deterring price-sensitive buyers. In the lead up to CoreLogic's Home Value In...

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Growing concerns as markets set to surge in 2020

Home values in Australia's biggest cities are on course to record up to 14 per cent growth in 2020 as low mortgage rates and easier lending standards unleash buyer demand. But analysts warn worsening housing affor...

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Premium homes in Sydney to outperform in 2020

Premium homes in Sydney to outperform in 2020

Sydney's premium market is poised to grow by 4 per cent in 2020, while Melbourne is set to rise by 3 per cent – trumping Vancouver, New York and Dubai – amid growing confidence bolstered by lower interest rates and limited supply pipeline, the Knight Frank Prime Global Forecast...

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Reshaping the 'boomburgs': Minister takes on challenge of managing Sydney's urban sprawl

In the next 17 years, Sydney's population is expected to grow by 1.5 million people, a large percentage of whom will pour into the south-west growth corridor.   This has communities like Wi...

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Parramatta high-rise towers to make Sydney Australia's first two-CBD city

Parramatta high-rise towers to make Sydney Australia's first two-CBD city

The cranes rising in the air above Parramatta are set to give way to towers up to 67 storeys over the next decade as the skyline of Sydney's fast-growing second CBD continues to take shape. The City of Parramatta Council, which is overseeing an unprecedented wave of public and private ...

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Opal Tower unit owners launch multi-million-dollar class action against NSW State Government

Owners of units in Sydney's Opal Tower are seeking millions of dollars in compensation from the State Government in a class-action lawsuit. post-content single-post-padding-bottom-...

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Shayher Group Returns to Sydney With $63.6m Ashfield Buy

Shayher Group has picked up two campus-style office buildings in Sydney’s inner west less than a month after its near-$100 million https://theurbandeveloper.com/articles/deve...

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Looking towards 2036:- 60,300 new dwellings proposed for the Greater Newcastle,including Maitland,Lake Macquarie and Newcastle

East Maitland will be one of the Hunter’s ‘catalyst areas’ in the next 20 years, setting targets for 1750 extra jobs, 550 extra homes and improved transport connections betwee...

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Looking towards 2036- 60,300 new dwellings proposed for the Greater Newcastle,including Maitland,Lake Macquarie and Newcastle

East Maitland will be one of the Hunter’s ‘catalyst areas’ in the next 20 years, setting targets for 1750 extra jobs, 550 extra homes and improved transport connections betwee...

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The Sydney suburbs bearing the brunt of a 20-year population boom

Five of Sydney's 15 major regions are bearing the brunt of the population boom, having absorbed well over half of the city's growth during the past two decades. _1665V u...

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NSW funds defence precinct near Williamtown

The new ‘Astra Aerolab’ will house maintenance and support services for Australian fighter jets The NSW gov...

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Development Application to be lodged for 5 Parramatta Square

City of Parramatta Council is one step closer to the construction of 5 Parramatta Square, the City&rsquo;s new civic, cultural and community building, after it received endorsement from the Council to lodge a Development Application (DA) for the building. <div clas...

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Sydney home prices grow again for second consecutive month

Sydney home values have grown again for the second month in a row after falling for nearly two years. The median price of all dwellings, including units, townhouses and houses, increased 0.2 per cent over July, CoreLogic&rsquo;s latest home value index showed. This was an impro...

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Fourth Sydney Apartment Block Abandoned

A fourth Sydney unit block has been abandoned after the developer failed to undertake adequate remediation of the site &mdash; building 127 apartments and townhouses on contaminated ground. https://i.postimg.cc/8P9BnL37/fbe7068b-3725-4249-a690-327f0104...

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Sydney property prices to rise by end of 2019, analysts predict

Leading property analysts believe the Sydney market will bottom out by spring and hit positive territory by the end of the year, on the back of a "confidence boost" from the Coalition's surprise election victory. post-content single-post-padding-bottom-...

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Greater Sydney Housing Supply Forecast: 191,550 New Homes by 2023

Construction of 191,550 new homes in Greater Sydney is forecast in the next five years, a 22 per cent increase, or an extra 34,300 new homes, with Parramatta anticipated to become home to a vast majority of them. post-content single-post-padding-bottom-...

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Regional Australia is big winner in the Federal Budget

There was very little directly related to housing in this year&rsquo;s Federal Budget, however regional Australia is the clear winner. There was very little directly related to housing in this yea...

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Sydney Rental Vacancy Rate Surges

Sydney's rental vacancy rate has lifted to 3.4 per cent in April with nearly 8,000 homes across the city emptying over the past year. Sydney&rsquo;s renta...

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Green light for $650 million Sydney's Cockle Bay project

$649 million redevelopment in Sydney&rsquo;s Cockle Bay, announced more than three years ago but left up in the air due to overshadowing concerns, has been given the green light by the state&rsquo;...

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Australia’s Population Becoming More Diverse

Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were born in Australia. post-content single-post-p...

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Rents Across Australia Rise Over The First Quarter Of 2019

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by ...

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Macquarie Park to get new $750m business district

A new commercial development at Macquarie Park has been labelled &ldquo;Australia&rsquo;s first community business district&rdquo; by the developers who will commit $750 milli...

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NSW GOVERNMENT EYES NEW HOME FOR 4000 OFFICE WORKERS IN PARRAMATTA

The government&rsquo;s property management agency, Property NSW, is calling for expressions of interest to lease office space for more than 4000 staff from 2022. <div class...

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Sydney residents move out as city depends on migrants for growth

Thousands of Sydneysiders are leaving their home suburbs for other parts of the city and the state with new figures revealing a slowdown in the capital's runaway population growth.Australian Bureau of Statistics data showed the Greater Sydney area added 93,411 residents ...

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NSW Government to crack down on dodgy building certifiers following Opal Tower saga

The NSW Government has announced a crackdown on dodgy building certifiers as it tries to manage the fallout from Sydney's Opal Tower fiasco. &nbsp; inline-content wysiwyg ri...

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A Fast Rail Future for NSW

The NSW Government has a vision for vibrant and growing regional&nbsp;economies, providing NSW reside...

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Buying off-the-plan turns into a nightmare for Surry Hills couple

Apartment buyer Tom Christensen, 31, said buying a Sydney unit off-the-plan has left him &ldquo;scarred&rdquo;. He and his partner bought the inner city property four years ago for $1.65 million and despite being contracted to be completed in 2015 it was only finished this year. <...

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Vacancy rate creeps back up in Sydney, down in regional NSW

Vacancy rates are starting to rise back after last month&rsquo;s decline, new data shows The October 2018 edition of the REI...

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Wollongong boarding house in the centre of the city

An iconic property in Smith Street Wollongong that has operated as a boarding house for more than 30 years, will be auctioned next month. <...

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Two boarding houses have been approved in Campbelltown

Two boarding houses in Campbelltown have been approved by council last night but councillors have warned they don&rsquo;t want to see the area flooded with the high-density accommodation. A nine-bedroom boarding house was approved for 1 Boc...

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Developer Proposes ‘New Age’ Boarding House for Parramatta

NSW-based developer Revelop Holdings have lodged a proposal with the City of Parramatta for an eight-storey boarding house. Designed by PBD Architects, Revelop have committed around $5 million to the pr...

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Multi-storey boarding house plan to boost affordable homes in Wollongong CBD

Housing affordability for low income workers in Wollongong has become a &ldquo;serious and growing problem&rdquo;, prompting a developer to pitch...

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Three 'new-generation' boarding houses planned for residential areas

The Sydney developer behind a $1.9 million boarding house complex planned for McLachlan Street has revealed he has two more proposed for Orang...

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Aerotropolis: Gigabit city to create 12,000 jobs and 3000 homes in western Sydney

THE Western Sydney Aerotropolis officially lifts off today with the turning of the first sod on a $5 billion Sydney Science Park that will deliver 12,000 jobs and 3000 homes. The futuristic science park on a 280ha site a...

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NSW Government Plans $386m Development at Tallawong Station

The NSW government&rsquo;s land and property development arm, Landcom, has unveiled plans for a $390 million development for 1,100 homes adjacent to the new Tallawong Metro Station. The precinct, which...

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GPT, AMP and Brookfield Revise $1 Billion Darling Harbour Proposal

A joint proposal by GPT, Brookfield and AMP for the $1 billion redevelopment of Sydney&rsquo;s Cockle Bay Wharf has undergone another set of revisions in plans submitted to the NSW government earlier this month. The consortium&rsquo;s ambitious plans for a waterfront p...

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Parramatta Set to Receive Two New Hotel Skyscrapers

Parramatta&rsquo;s rapidly growing CBD is set to get even busier with hundreds of new hotel rooms set to come online by 2020. Two major hotel developments have been given the green light this m...

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Parramatta’s $1bn Light Rail Set to Begin Construction

Parramatta&rsquo;s Light Rail is scheduled to commence stage one of construction by the end of 2018 after receiving planning approval. The first stage of the Light Rail plan, a two-way track which will sp...

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Sydney needs to better plan for coming population boom, more dense housing: new report

SYDNEYSIDERS are wasting almost twice as much time commuting as their counterparts in big cities in countries such as Spain. A landmark new report also reveals how ou...

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Owners on narrow blocks set to benefit under NSW government changes to housing code

Owners of small, narrow properties who never thought their blocks were suitable for development are set to benefit under new statewide planning laws designed to fast-track medium-de...

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Campbelltown’s population set to boom over next 30 years

CAMPBELLTOWN is set to more than double in size over the next 30 years with a radical new plan to be unveiled today providing a blueprint for how its residents will live and work in the city in the ...

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Sydney needs more boarding houses

&nbsp; I was a town planner at the former City of South Sydney in the mid-nineties when brothels became legal. Brothel opera...

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