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New south wales

Perth house values climb $260 a day amid fears of living standard hit

Perth house values climb $260 a day amid fears of living standard hit

The average new mortgage to buy an established house in WA has soared by almost $50,000 in two years amid a nationwide glut of home lending. The rapid increase has raised fears our obsession with pumping money into real estate may hurt Australia's long-term living standards. As Perth's median h...

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Aussie suburbs where house prices are rising by up to $100k a month

Aussie suburbs where house prices are rising by up to $100k a month

The Beach Hotel in Byron Bay, an area which has seen the biggest rise in prices out of any other area in Australia. New data reveals you'd need to be making an extra $20,000 a month or more to break into the market for a 20 per cent house deposit in these suburbs. Property prices have risen as ...

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Low rates trump new supply to push up house prices, RBA says

Low rates trump new supply to push up house prices, RBA says

"If housing prices are rising, it's because someone can afford to pay those prices. But the issue is that not everybody can": RBA assistant governor Luci Ellis. Australia's fast-rising housing prices are a consequence of lower interest rates and people's ability to spend more on homes, and not e...

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House prices jump $52,600 in three months, and the Reserve Bank says it can't do much about it

House prices jump $52,600 in three months, and the Reserve Bank says it can't do much about it

Reserve Bank Governor Philip Lowe says the economic recovery will depend heavily on the level of vaccinations and how Australians adapt to living with COVID. Australian house prices are now 19 per cent higher than they were before the pandemic, but the Reserve Bank of Australia won't be lifting ...

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NAB Quarterly Australian Residential Property Survey Q2 2021

Housing market sentiment lifts to a new high and dwelling prices now expected to grow around 19% in 2021 and 4% in 2022. Housing market sentiment lifts to a new high as house prices and rents continue to grow across the country. But the survey is tipping slower growth in prices over the next 1-2...

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'Pretty stretched': Westpac boss says housing affordability is getting worse

'Pretty stretched': Westpac boss says housing affordability is getting worse

Westpac CEO Peter King: "When we look at housing affordability at the moment it’s pretty stretched." Westpac chief executive Peter King has underlined a deterioration in housing affordability, saying regulators should wait for lockdowns to end before assessing whether there was a need for ...

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Sydney house values climb $850 a day amid fears of living standard hit

The average new mortgage to buy an established house in NSW has soared by more than $200,000 in two years amid a nationwide glut of home lending, raising fears our obsession with pumping money into real estate may hurt Australia's long-term living standards. As Sydney's median house price climbs...

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'Brutal' property prices forcing locals out of a family town

'Brutal' property prices forcing locals out of a family town

They had to have serious conversations about their much wanted a child and the impact it could have on buying a house. As property prices skyrocket in coastal areas around Australia, the market is being described as "brutal" for families trying to purchase a place. Mum of three Rachae Hutton is...

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Property prices have surged faster than the annual household wage in these suburbs

Property prices have surged faster than the annual household wage in these suburbs

The coronavirus outbreak and continued lockdowns and restrictions have done little to dampen Australia's property market. Recent Domain data shows that property prices have reached record highs across all capital cities as the perfect storm for Australia's property market continues to roll out. ...

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Australia's construction boom will hit a wall by 2022, according to a new report

Australia's construction boom will hit a wall by 2022, according to a new report

A report from Australia's peak residential building body has projected that the current construction boom will likely end by mid-next-year. The almost 33% uptick in building projects since 2019 was unsustainable, it said in its quarterly report. The projections follow warnings from builders a...

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Lockdowns hit property auction clearance rates

Lockdowns hit property auction clearance rates

Properties are being withdrawn from auction, but prices tipped to keep rising, but a slower rate. Ongoing lockdowns in Sydney and Melbourne have hit property auctions in our two biggest cities, but most experts do not expect to see an end to the prolonged boom any time soon, though price rises a...

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Australian property prices are $103,400 higher than last year, CoreLogic says

Australian property prices are $103,400 higher than last year, CoreLogic says

Sydney's median property price lifted 1.8pc to $1.04 million in August. Australian house prices have become even more expensive, with coronavirus lockdowns across NSW, Victoria and the ACT having practically no impact on property values. Key points: Darwin, Canberra and Hobart saw the biggest ...

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Developer fees adding up to $85,000 a block, driving up housing prices

Developer fees adding up to $85,000 a block, driving up housing prices

Developer fees are adding up to $85,000 to new house prices, with doubts they are going into essential local infrastructure. Developers are paying up to $85,000 for every housing block they put on the market, with research showing the fees are driving up property prices and in some cases aren't ...

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Southern developers make a beeline for the Gold Coast

Southern developers make a beeline for the Gold Coast

Palm Beach has become a hotspot for interstate developers. A raft of Sydney and Melbourne developers are snatching up landholdings along the Gold Coast's middle and southern beaches, as demand for high-end apartments in the region grows. With 12,000 Victorians and 18,000 Sydney-siders last year...

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Building demand drives 1.4% quarterly increase in Australia's housing construction costs

Building demand drives 1.4% quarterly increase in Australia's housing construction costs

CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.8% for the same period. The latest Cordell Housing Index Price (CHIP) results show an annual growth rate of 3.9% and the largest quart...

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First home buyers: how 26yo public housing resident bought three properties

First home buyers: how 26yo public housing resident bought three properties

After intensively saving from the age of 15, Ms Tran was able to buy her first home at 24. Growing up in public housing, Linda Tran started saving to buy a property at the age of 15. But she admits her strategy might not be for everyone. Starting at the age of 15, Sydney woman Linda Tran saved ...

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Huge Mardi subdivision to be decided by regional panel

Huge Mardi subdivision to be decided by regional panel

A 246-lot community title subdivision at Mardi has been submitted to Central Coast Council and will be decided by the Hunter Central Coast Regional Planning Panel. The 223ha site is eight allotments collectively known as 414 Old Maitland Road, Mardi, situated to the west of the M1 Motorway. It ...

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Is it better to rent or buy? I ran the numbers to find out...

Is it better to rent or buy? I ran the numbers to find out...

Just before purchasing my first home nearly two years ago, I was paying $650 a week rent to live in a similar, two-bedroom unit in an adjacent suburb. Property enthusiasts would no doubt bemoan this money as "dead money" and celebrate my entry into the hallowed halls of home ownership. But am I...

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Price Pressures, Labor Shortages Rein in Construction Activity

Building costs are rising at a faster rate than inflation as construction demand continues to outstrip supply for both labour and materials. Despite billions of dollars' worth of stimulus being poured into housing and construction, activity will continue to decline due to the pandemic. Global s...

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How to buy an investment property: real life Monopoly man reveals how he got 39 homes

How to buy an investment property: real life Monopoly man reveals how he got 39 homes

Property investor George Markoski, with wife Christina, owns 39 properties. He may not have the top hat, cane or bushy grey moustache but George Markoski has become a real life Monopoly Man like in the widely played board game. The property investor who was obsessed with Monopoly as a child cur...

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Greater Sydney has 'housing supply crisis' as report warns prices will continue to surge

Greater Sydney has 'housing supply crisis' as report warns prices will continue to surge

A report says there is a housing "supply crisis" in NSW. Greater Sydney's eye-watering house prices have surged this year with a new report warning there will be more rises on the way. The Urban Development Institute of Australia (UDIA) released a report today which claimed the NSW government h...

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The hidden services that could cost you when you're buying a home

The hidden services that could cost you when you're buying a home

Buying a home? There are plenty of financial factors beyond the mortgage. From solicitors and pest inspectors, to buyer's agents and brokers, if you're looking to buy a home, you're bound to make a bunch of acquaintances. The thing is, many of your new-found friends come at a cost. And - most o...

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Why investors are turning to the booming house-and-land market

Why investors are turning to the booming house-and-land market

Traditionally, the holy grail of property investing has always been land. Today, because of the pandemic, the lure of owning your own piece of dirt has never been stronger - or the returns higher, compared with townhouses and apartments. "Tastes shifted over the past few years into investing in...

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Central Coast property: Sydney buyers flock to 'safe haven' amid COVID-19

Central Coast property: Sydney buyers flock to 'safe haven' amid COVID-19

Sydney buyers flock to 'safe haven' Central Coast property amid COVID-19. At a time of great uncertainty in the property market, it appears that Sydney buyers are flocking to the Central Coast. Top selling agency McGrath have reported an 'unexpected upward trend' that has evolved over the past ...

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First-home buyers dropping out of the property market as investors return, new data shows

First-home buyers dropping out of the property market as investors return, new data shows

First-home buyers are dropping back from their 2020 boom levels. First-home buyers are getting crowded out of the hot property market by stiff competition from investors, downsizers and buyers in between. The value of loans to first-time buyers dropped 7.8 per cent in the month of June, ABS fig...

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Lockdowns spark city exodus as thousands head to the hills

Lockdowns spark city exodus as thousands head to the hills

Since the start of the pandemic, a net 24,500 people have left Sydney for other parts of NSW. In total, almost 40,000 have moved out of Sydney since the pandemic started, with more than 10 per cent making the move to Brisbane.. But there are signs of change. In the first three months of this yea...

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Houses earning more than Australia's highest paid professionals

Houses earning more than Australia's highest paid professionals

Home owners are out-earning some of Australia's top professionals, with rapid price growth seeing house values climb by more than $1000 per day in some cities. Houses are out-earning some of Australia's top-paid professionals, with price growth in some cities outstripping the income of surgeons,...

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Rentvesting isn't just for first-time investors, it's here to stay

Rentvesting isn't just for first-time investors, it's here to stay

The cyclical sizzling of Australia's property market has driven more and more Australians to embrace rentvesting. Rentvesting isn't new, it isn't just for first-time investors, and it's probably here to stay. Homeloanexperts.com.au CEO Alan Hemmings said that rentvesting has become more popular...

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Homebuyers forced to go to extremes to get land in Sydney’s southwest as report reveals block "shortage"

Homebuyers forced to go to extremes to get land in Sydney’s southwest as report reveals block "shortage"

Michael and Deanna Parzakonis bought a block of land in the Mirvac estate The Village in Menangle after their name was drawn out of a ballot. Homebuyers have been forced to jump through hoops or play a form of Lotto to get blocks in new estates in Sydney's southwest amid a crippling land shortag...

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What is the 2 per cent rule in real estate investing?

What is the 2 per cent rule in real estate investing?

What is the 2 percent rule in real estate? We look at how this investing guideline works, and how it can be practically applied in real life. You may have heard about the different "rules" in real estate investing. There's plenty of percentage rules floating about; there's the 50 per cent rule,...

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John McGrath - Investors replacing first home buyers

John McGrath - Investors replacing first home buyers

Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out. Investor activ...

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Kembla Grange 'prison land' proposed for housing, industrial development

Kembla Grange 'prison land' proposed for housing, industrial development

The land proposed for rezoning stretches along West Dapto Rd to the west. Moves to develop vacant land at Kembla Grange are continuing at a cracking pace with a proposal to rezone a large BlueScope property holding on the agenda. Under the proposal, to be considered by Wollongong City Council o...

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Worst suburbs to be a landlord: where investors are losing the most money

Worst suburbs to be a landlord: where investors are losing the most money

High density areas such as the Parramatta region in Western Sydney have more vacancies. How long can low interest rates last? Lockdowns, border closures and a depleted pool of international students have been bleeding landlords dry in parts of Sydney and Melbourne. With vacancies elevated and ...

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Duplex Solution- A Satisfied Client

Duplex Solution- A Satisfied Client

Our client wanted to purchase an investment property in a high growth region and had a good budget of $900,000. Based on their requirements and our own research and analysis, we recommended them a duplex solution in Heddon Gretta, NSW. We got our partner builder on board and packaged the solution...

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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 Highlands native ...

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Homeowners got $2 trillion richer during the first three months of the year

Homeowners got $2 trillion richer during the first three months of the year

KEY POINTS Homeowners with mortgages saw their equity jump by 20% in the first quarter from a year earlier. This represents a collective cash gain of close to $2 trillion. Per borrower, the average gain was $33,400. Record-low mortgage rates for much of last year only added to the buying fre...

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Your guide to buying the perfect investment property: Young investor, 28, who bought her first block of land when she was 21 reveals why it's ALWAYS better to build rather than buy a home

Your guide to buying the perfect investment property: Young investor, 28, who bought her first block of land when she was 21 reveals why it's ALWAYS better to build rather than buy a home

Alex Fitzgerald purchased her first investment property when she was 21 and is inspiring other young people to get into the market. Alex Fitzgerald bought her first house and land package at the age of 21. The 28-year-old purchased her fourth investment property in September 2020. Building a...

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Women in Property Investing: Part 1

Women in Property Investing: Part 1

This is the first part in our series of documenting the journey of our female investor clients. As most women would agree, the journey of a female investor can be quite different from the ones made my men or couples. We hope this series would inspire more women to take ownership of their finances...

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Regional housing market doubles capital city value growth

Regional housing market doubles capital city value growth

Australia's regional housing market has far outpaced value growth across Australia's capital cities in the last 12 months, rising 13.0% compared with a 6.4% gain in capital city values. CoreLogic's quarterly Regional Market Update, which looks at capital growth over the 12 months to April 2021 i...

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Growth in regional rents is almost 3 times that of capital cities

Growth in regional rents is almost 3 times that of capital cities

CoreLogic has released its Quarterly Regional Report, which revealed the annual growth rate of combined regional dwelling values (13%) was more than twice that of the capital cities (6.4%) in the 12 months to April. Remarkably, rent values across the combined regional markets have outpaced capit...

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'It would be horrific': Gladys Berejiklian comments on Spring Farm class action

'It would be horrific': Gladys Berejiklian comments on Spring Farm class action

Premier Gladys Berejiklian has offered her condolences to the community. Yet another group of NSW homeowners is dealing with potentially worthless property after homes started "sinking" into the ground. Residents in Spring Farm, in Sydney's west, last week filed a massive class action against t...

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Morrison government to spend $600 million on new Hunter Valley gas power plant

Morrison government to spend $600 million on new Hunter Valley gas power plant

The coal-powered Liddell Power Station will shut in 2023. The Morrison government will spend up to $600 million to build a new gas power plant in the NSW Hunter Valley. The government says the plant, scheduled to come online in summer 2023-24 to replace the coal-fired Liddell power plant follow...

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First-home buyers fear missing out more than overpaying for property

First-home buyers fear missing out more than overpaying for property

First-time buyers are growing wary of paying too much. Exhausted first-home buyers fear they're overpaying for property in the boom market but are diving into purchases anyway, research shows. An overwhelming 82 per cent of the property buyers polled in a quarterly survey by ME Bank said they "...

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New home sales sink as HomeBuilder qualifying period ends

New home sales sink as HomeBuilder qualifying period ends

More than meets the eye: New home sales fell in April, but from extreme highs. New home sales halved nationally in April, a month after the deadline ended for prospective buyers to benefit from the federal government's HomeBuilder stimulus, industry figures showed on Thursday. Total new sales d...

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Expats returning to the country have boosted the property market

Returning to Australia from overseas is still challenging, but we have seen huge numbers of expats make the journey. And that has meant a big fillip for the property market. Many of course had owned their home back here, but for others it has meant finding one. Maybe initially as a rental and t...

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Fair Trading inspectors find 'structural issues' at major Sydney apartment development

Fair Trading inspectors find 'structural issues' at major Sydney apartment development

One of Sydney's biggest residential property developments is under review amid the discovery of "structural issues" that will require "specialist engineering advice". Toplace Group's Skyview apartment complex in Castle Hill will consist of about 960 "luxurious" one, two and three-bedroom apartme...

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There will be 150,000 new homes in Sydney in four years. More than 200 suburbs will get none of them

There will be 150,000 new homes in Sydney in four years. More than 200 suburbs will get none of them

More than 150,000 dwellings are forecast to be built across Sydney in the next four years but more than a quarter of the city's suburbs will be untouched by the development. NSW Department of Planning forecasters estimate between 132,800 and 171,200 new homes will be built in Sydney by 2025, ref...

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First-home buyers get budget help to enter skyrocketing market

First-home buyers get budget help to enter skyrocketing market

Australians will be given more help to buy their first homes in a budget boost that offers loan guarantees and more scope for people to use superannuation to save a deposit that helps them enter the booming housing market. First-home buyers will be able to release $50,000 from special accounts w...

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Newcastle Airport gets federal budget lift

Newcastle Airport gets federal budget lift

Large international aircraft such as Boeing 777s and Airbus 330s will be able to land in Newcastle under a plan to upgrade the regional NSW city's airport runway and other facilities. Prime Minister Scott Morrison says the $66 million investment, to be announced in next week's federal budget, wi...

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Sydney and Melbourne property prices slow after record-breaking boom

Sydney and Melbourne property prices slow after record-breaking boom

Buying a house in Sydney and Melbourne is now tens of thousands of dollars more expensive than it was just a month ago but there are signs the strongest property boom in decades is slowing. Property prices increased 1.8 per cent nationally in April with every capital city and region recording gr...

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‘Land value only’: property buyers pay up to $6m at auction just for chance to bulldoze old houses

‘Land value only’: property buyers pay up to $6m at auction just for chance to bulldoze old houses

The backyard of this Riverview house was so overgrown the selling agency discovered a pool they hadn't known was there. Sydney bidders paid up to $6 million under the hammer this weekend for houses they didn't even want. Rundown properties with scope for development got some of the biggest pric...

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Happy Client of Koala Invest

Happy Client of Koala Invest

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $675k. They wanted a property with high rental yield and less vacancy rate. Based on the clien...

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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 issued a warning about credit...

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Unit prices fall in many city suburbs amid house-led real estate boom

Unit prices fall in many city suburbs amid house-led real estate boom

Ian Kingsford-Smith and Berni Joseph in front of their new apartment, near Parramatta in western Sydney. Despite house prices rising at their fastest pace in 32 years, apartments in Australia's most oversupplied cities aren't getting as much love from buyers. In some areas, unit prices have tum...

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Housing again at forefront of Australia's economic growth, making banks happy

Housing again at forefront of Australia's economic growth, making banks happy

There has been a shift in housing preferences in Australia post-COVID-19. Miraculous. That's how Commonwealth Bank's boss described Australia's economic recovery last week. But it was a strange word to choose. "Miraculous" can suggest a miracle has occurred, which implies the hand of God has b...

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Another Satisfied Client

Another Satisfied Client

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $650k. They wanted a property with high rental yield and less vacancy rate. Based on the clien...

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‘Not in my domain’: Commissioner powerless to help woman at centre of Sydney defects debacle

‘Not in my domain’: Commissioner powerless to help woman at centre of Sydney defects debacle

Maryam Behrouz stands to lose her life savings. A Sydney woman has been told there is nothing the NSW Building Commissioner can do to help recover her life savings after she bought into a 300-apartment tower that had alleged major defects, despite him reportedly saying an investigation is &ldquo...

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Change in Price of the Property

Change in Price of the Property

There is a minor change in the Price of the Property, " 27, William Tester Drive, Cliftleigh" that is published in the our Newsletter yesterday. The price is to be discussed with our Associates.

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Happy Dual Occupancy Client !!!

Happy Dual Occupancy Client !!!

More Happy Clients have found their perfect investment with Koala Invest's assistance Koala Invest has helped another of its client in finding the perfect Investment home . Our client was searching for a dual occupancy under $650k with a block size of at least 450m2. We presented a range of op...

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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 there were 140 subur...

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*Happy Dual Occupancy Client*

*Happy Dual Occupancy Client*

" Koala Invest" once again put forth an exclusive option considering the prerequisite of the Client offering a dual occupancy under $500k with a block size of at least 500 m2 , providing a high rental yield of 4.9%.The client bought the full turn key fixed price package within their budget. It i...

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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 the hottest...

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Happy SMSF Client

Happy SMSF Client

More Happy Clients have found their perfect investment with Koala Invest's assistance. Koala Invest has helped another of its client in finding the perfect Investment home through SMSF. Our client was searching for a dual occupancy under $650k with a block size of at least 600m2. We presented a ...

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Forrest willing to fund $1b green power station in NSW

Forrest willing to fund $1b green power station in NSW

Fortescue Metals Group chairman Andrew Forrest. Andrew Forrest says he is willing to build a gas and hydrogen fuelled power station at Port Kembla to supply Sydney and NSW industries and households with affordable, green energy, and will start work as soon as he gets approvals from the Morrison ...

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Developers preparing for home buying frenzy

Developers preparing for home buying frenzy

Home sales are expected to spike in the next two weeks as first home buyers seek to get their purchases over the line before the HomeBuilder scheme ends. This comes at a time when Sydney property prices have finally cracked their peak levels from 2017 and in which house prices, home loans and...

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Happy Investor

Happy Investor

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $650k. They wanted a property with high rental yield and less vacancy rate. Based on the clien...

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**Happy Client **

**Happy Client **

Koala Invest has helped another client in achieving the milestone of acquiring their first investment property. Our client wanted to buy a high cash flow and positive geared property: total budget was between $600-$650k. They wanted a property which is close to all amenities with high rental yie...

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Sydney auctions: West Pennant Hills house sells for $2.072m

Sydney auctions: West Pennant Hills house sells for $2.072m

Auctioneer Stu Benson from Benson Auctions at the successful sale of 102 Eaton Road. A tightly-held home in the Hills District sold for almost $450,000 above reserve on Saturday in a hot auction that drew more than 30 bidders. The four-bedroom West Pennant Hills home, on the market for the firs...

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House prices record sharpest increase since 2003, CoreLogic says

House prices record sharpest increase since 2003, CoreLogic says

CoreLogic says housing stock on the market for sale is extremely low, while buyer activity is high. Australian house prices have posted their sharpest monthly increase since August 2003, with analysts at CoreLogic saying the market is now entrenched in one of its strongest growth phases on recor...

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ASX gains as JB Hi-Fi profits surge; Commonwealth Bank forecasts house price boom

ASX gains as JB Hi-Fi profits surge; Commonwealth Bank forecasts house price boom

Commonwealth Bank economists expect national dwelling prices to increase 8 per cent in 2021. Economists at Australia's biggest bank think the housing market is "on the cusp of a boom", as record low mortgage rates collide with the recovery in the jobs market. Key Points : CBA forecasts house p...

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How COVID has shifted investor mindset in the property hunt

How COVID has shifted investor mindset in the property hunt

Historically, investor demand for housing has been very much focused on inner-city areas of major capital cities and popular holiday destinations, such as Queensland’s Gold Coast and Sunshine Coast. But the repercussions of COVID-19 and closed international borders have forced some dramati...

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Sydney exodus drives regional property prices up and locals out of the market

Sydney exodus drives regional property prices up and locals out of the market

An influx of former Sydney residents combined with a lack of housing stock is propelling regional New South Wales property prices to record highs, while pushing locals out of the market. Key points: Regional NSW property prices rose by almost 10 per cent last year Researchers expect city resid...

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House prices return to record highs as COVID rally continues into 2021

House prices return to record highs as COVID rally continues into 2021

House prices are back around the record levels set in 2017, but apartments are not performing as well. A 0.9 per cent rise in house prices last month has taken Australian housing values to a record high. exceeding the peak reached in 2017. Key points: Home prices are 0.7 per cent above their p...

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First home buyers to slow down; investors to return in 2021

After the domination of first home buyers in the 2020 property market, investors are expected to make their market comeback this year. Following the introduction of the federal government's First Home Loan Deposit Scheme, the pandemic further accelerated first home buyer activity across property...

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More Aussie house hunters looking to go 'off grid' in COVID's wake

More Aussie house hunters looking to go 'off grid' in COVID's wake

The coronavirus pandemic has brought about many unexpected changes to the property market, including soaring demand for regional properties and larger homes. But perhaps even more unforeseen is a strong trend towards 'off-grid' living.  New figures have revealed a significant increase in th...

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* Happy Client *!!!!

* Happy Client *!!!!

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $650k. They wanted a property with high rental yield and less vacancy rate. Based on the clien...

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A school, shopping precinct, playing fields and 5000 homes ready for Lochinvar

A school, shopping precinct, playing fields and 5000 homes ready for Lochinvar

LOTS FOR LOCHINVAR: Maitland City Council's Development and Environment Manager David Simm pictured last year at Gillieston Heights. Lochinvar is set to become Maitland's next boom town with the first of 5000 housing lots on public exhibition and a school and shopping precinct to come. Maitland...

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Australia's housing prices are predicted to rise by more than $160,000

Australia's housing prices are predicted to rise by more than $160,000

Australian house prices are expected to skyrocket by 16 per cent over the next two years, rising by as much as $160,000 in some capital cities. Commonwealth Bank's head of economics Gareth Aird predicted house prices will rise by 9 per cent in 2021 and 7 per cent in 2022 in an economics issues p...

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Rents in Australia are rising again, with tenants in some cities paying up to 12% more this year

Rents in Australia are rising again, with tenants in some cities paying up to 12% more this year

Perth's rental market is becoming increasingly expensive as low vacancy rates bite. Australia's rental markets are becoming increasingly expensive again, as vacancy rates fall across the country. Perth tenants are now paying 12% more than they were 12 months ago, while Darwin houses cost almost...

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"Another Happy Client" !

"Another Happy Client" !

More Happy Clients have found their perfect investment with Koala Invest's assistance Koala Invest has helped another of its client in finding the perfect Investment home . Our client was searching for a dual occupancy under $600k with a block size of at least 500m2. We presented a range of op...

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Williamtown set to become ‘Special Activation Precinct’ a win for defence industry

Williamtown set to become ‘Special Activation Precinct’ a win for defence industry

The NSW government has announced that the defence and aerospace hub supporting RAAF Base Williamtown will be designated as a 'Special Activation Precinct', drawing support from industry, accelerating economic development and the creation of highly skilled jobs. The Hunter region and northern NSW...

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The house always wins: why house sales vastly outstripped unit sales over the year

The house always wins: why house sales vastly outstripped unit sales over the year

In the year to January, CoreLogic estimates that there were 459,308 properties transacted across Australia. Most of these sales were houses, rather than units. It is not unusual for house sales to make up the majority of transactions, with houses making up an average 70.2% of annual sales volume...

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 "Happy Client"!!!

"Happy Client"!!!

Koala Invest has helped another client in achieving the milestone of acquiring their investment property. Our client wanted to buy a high cash flow and positive geared property: total budget was between $650-$700k. They wanted a property with high rental yield and less vacancy rate. Based on th...

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"Another Happy Client"

"Another Happy Client"

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $650k. They wanted a property with high rental yield and less vacancy rate. Based on the clien...

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Capital City House Prices Hit New Peaks

Capital City House Prices Hit New Peaks

Australian house prices hit record highs along the east coast, marking the steepest increase in four years and rounding out a year of unprecedented events and price predictions. The median house value now sits at $852,940, up 4. 1 per cent over the quarter and 5.8 per cent in the year according ...

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Stockland Lodges Plans for $500m North Sydney Tower

Stockland Lodges Plans for $500m North Sydney Tower

Stockland has lodged plans for a $500 million North Sydney office tower as it banks on a post-pandemic return of workers to Sydney's second CBD. Known as 110 Walker Street, the development application consists of 75,000sq m of net lettable area on a 2,300sq m site which was previously amalgamate...

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HomeBuilder Take Up Doubles Expectations

HomeBuilder Take Up Doubles Expectations

The HomeBuilder grant scheme is twice as popular as anticipated and is set to cost the government an expected $2 billion. The original estimate for the scheme was $680 million for 27,000 grants when the prime minister first announced the initiative in June. The latest figures released from the ...

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Another Happy Client-"Knock Down Rebuild" !!!

Another Happy Client-"Knock Down Rebuild" !!!

Glad Tidings of a brand new home in the same vicinity from a satisfied Client of "KOALA INVEST" through the "Knock down Rebuild Process". The budget of $610K for a new spacious and Contemporary home of 176 Sqm. was perfectly matched by providing appropriate drawings, materials and services by ou...

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"Happy Dual Occupancy Client"!

"Happy Dual Occupancy Client"!

Koala Invest has assisted another client in achieving the milestone of acquiring their first "Dual Occupancy" investment property. During the initial discussion,We explained the client about dual occupancy property as investment and was happy to acquire a property from us. Based on our research...

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Client's Success Story

Client's Success Story

Koala Invest has helped another client in achieving the milestone of acquiring an investment property. Our client wanted to buy a high cash flow and positive geared property : total budget was under $650k. They wanted a property which is close to all amenities with high rental yield and less vac...

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The year regional housing turned property on its head

The year regional housing turned property on its head

The pandemic that made city-dwellers flee urban environments for the relative safety and space of country living turned housing markets on their head, making regional prices grow faster than metropolitan values for the first time in nearly 15 years. Regional property values jumped 6.9 per cent i...

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House prices rise with regional market outperforming capital cities, CoreLogic data shows

House prices rise with regional market outperforming capital cities, CoreLogic data shows

House prices in regional Australia have risen at a higher annual rate than in capital cities for the first time in more than 15 years, as COVID-19 increases people's desire to live outside the big smoke. Annual data by real estate analysts CoreLogic shows dwelling values in capital cities rose 2...

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Australia's property market 'far stronger than expected' considering the pandemic

REA Group Chief Economist Nerida Conisbee says Australia's property market has been "far stronger than expected," this year considering the COVID-19 pandemic. "When the first lockdown hit in March, I certainly don't think anyone though that there would be pretty much no price decline in most of ...

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Housing markets predicted to have a bumper year

After a crazy year, record-low borrowing costs and government efforts to stimulate the economy have set Australian housing prices up for further growth in 2021 - after every city bar Melbourne closed the year in positive territory, having already made up their losses triggered by the pandemic. A...

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Builder's collapse leaves apartment owners fearing alleged $30m defects bill

Builder's collapse leaves apartment owners fearing alleged $30m defects bill

Hundreds of Sydney apartment owners are facing an uncertain future after the collapse of a company linked to the builder of the Opal Tower, with allegations that it collectively owes them $30 million to repair seven defective builds across the city. The revelations come as another high-profile c...

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What happened to the property price crash that was predicted but never came?

What happened to the property price crash that was predicted but never came?

At the height of the pandemic, major banking economists sounded the alarm. They warned the coronavirus-induced recession could shave hundreds of thousands of dollars off the value of Sydney and Melbourne homes. But as the worst of the national COVID-19 restrictions passed, property prices fell o...

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Buyers Turn to Outskirts of Byron Bay for Lifestyle in Line With a Post-Covid World

Buyers Turn to Outskirts of Byron Bay for Lifestyle in Line With a Post-Covid World

As the famed coastal hotspot is overrun with new interest--and sky-high prices--wealthy buyers are looking elsewhere BY MICHELLE SINGER As Australia's wealthy descend upon the coastal lifestyle hotspot of Byron Bay, helping house prices rise to record levels, the hunt is on to uncover the count...

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Stiffer market competition on the horizon as investors slowly creep back

Stiffer market competition on the horizon as investors slowly creep back

With first-home buyers and upgraders dominating the market, the quiet pick up in investor activity is going largely unnoticed. The most recent home lending data from the Australian Bureau of Statistics (ABS) found that in September 2020 there was $5.3 billion in new lending to investors. While t...

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HomeBuilder success sees scheme extended beyond 2020

A further 15,000 homes are expected to be constructed or majorly rebuilt after the federal government revealed a three-month extension to its HomeBuilder scheme. HomeBuilder was initially brought in as a COVID-19 stimulus measure to drive demand in the construction sector and support jobs. The ...

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Happy Young Investor !!

Happy Young Investor !!

Koala Invest has assisted another client in achieving the milestone of acquiring an investment property. During the initial discussion , Koala team explained the benefits of positive geared and high cash flow investment properties to the client.And they understood that this kind of property will...

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Federal Government extends HomeBuilder program for another three months but at a lower rate

Federal Government extends HomeBuilder program for another three months but at a lower rate

Property price caps have been lifted and the amount of time given to start construction extended. A Federal Government program offering cash grants for housing construction projects has been extended, but at a lower amount. The HomeBuilder scheme currently provides $25,000 grants to eligible pe...

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Low cost of debt ‘firing up’ house prices in capital cities

Houses are rising in price again in most capital cities and although the rental market remains weak there are some surprising increases in value. REA Group Chief Economist Nerida Conisbee told Sky News 80 per cent of suburbs across Australia have seen prices soar. "Sydney is stand out the most ...

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NSW to phase out stamp duty as state announces record deficit

NSW to phase out stamp duty as state announces record deficit

Treasurer Dominic Perrottet will undertake the state’s biggest tax reform in decades with stamp duty to be phased out to boost the economy as NSW records a historic $16 billion budget deficit. In his fourth budget, handed down on Tuesday, Mr Perrottet said replacing stamp duty with an annu...

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Another dual occupancy happy client !!!

Another dual occupancy happy client !!!

Koala Invest has helped another client in achieving the milestone of acquiring their first investment property. Our client wanted to buy a high cash flow and positive geared property: total budget was between $600-$650k. They wanted a property which is close to all amenities with high rental yie...

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House prices predicted to soar after RBA’s historic cut

House prices predicted to soar after RBA’s historic cut

The Reserve Bank's cash rate cut to 0.1 per cent will have ripple effects for Australia's property prices, as well as mortgages and personal savings, all which move according to the national interest rate. Historically, when interest rates have been slashed, house prices tend to push upwards. T...

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Cessnock and Maitland forecast to be among the fastest growing areas in the state

Cessnock and Maitland forecast to be among the fastest growing areas in the state

The Lower Hunter's population is forecast to boom in the next two decades with Cessnock and Maitland tipped to be among the fastest growing areas in the state. Department of Planning population projections show an extra 131,500 people will live in the Hunter Region by 2041, an average increase o...

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Looking towards 2036: what will Maitland look like in 20 years?

Looking towards 2036: what will Maitland look like in 20 years?

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 between Green Hills shopping centre and new hospital site. The plan is one of a raft of initiatives contained in documents outl...

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Sales of new homes increase since same time last year

Sales of new homes increase since same time last year

"The full impact of HomeBuilder is now evident in the HIA's New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year," commented HIA Chief Economist, Tim Reardon. The HIA New Home Sales report - a monthly su...

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Costco plans $60 million Lake Macquarie project

Costco plans $60 million Lake Macquarie project

Costco is to develop a $60 million warehouse and fuel station project in Lake Macquarie City in New South Wales' Hunter Valley region. Occupying a 14,000sqm site, part of the former Pasminco mining company's land, the development will be Costco's fourth warehouse in the state. The project will i...

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Plans for new $780 million John Hunter Hospital building unveiled

The concept design for the new, seven-storey Acute Services Building for John Hunter and John Hunter's children's hospitals has been unveiled, marking a milestone for the NSW Governments $780 million health precinct. Premier Gladys Berejiklian said the John Hunter Health and Innovation Precinct ...

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The Sydney suburb that's SINKING: Mayor issues chilling warning that 841 homes - worth $605million - are at risk of collapse or serious damage

Properties suffered sunken driveways, cracked brickwork and damaged roads The council have extended the number of homes with warnings from 195 to 841 Building group Lendlease is 'disappointed' by the council's 'premature response' Sinking ground reclaimed from a swamp is ripping homes apart an...

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Another Happy Client !!!

Another Happy Client !!!

Koala invest has assisted two young investors with their First investment property. The clients, who are friends, were looking at various options to invest jointly. We understood their requirements and suggested to invest in an off the plan dual occupancy property by explaining them the addition...

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Sydney’s newest urban master-planned community, Wilton Greens, has secured 105 land sales valued at $30.8 million.

Sydney’s newest urban master-planned community, Wilton Greens, has secured 105 land sales valued at $30.8 million.

Developed by Risland Australia, the sales occurred within three weeks of the project's launch, making it one of the fastest selling in New South Wales. Located within Sydney's south west growth corridor in the Wollondilly area, the Wilton Greens will comprise 3,600 land parcels spanning 433ha. ...

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Federal Government to pledge $560 million towards the construction of the Singleton Bypass

Federal Government to pledge $560 million towards the construction of the Singleton Bypass

AFTER years of talk, the Federal Government will finally commit $560 million towards the development of the Singleton Bypass at Tuesday's budget. Given the project's estimated cost of around $700 million, only another $45m would be required by the state government, who have already spent or pled...

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Happy Client -!!

Happy Client -!!

Koala Invest has helped another client in achieving the mile stone of acquiring their first family home. Our client wanted to buy their first home and had certain requirements: total budget of under $700,000.They wanted property which is close to school, shopping, public transport as well as the...

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Thousands of jobs for regional NSW through $3 billion jobs and infrastructure fund

The NSW Government can today reveal it has allocated another $400m of its $3 billion Jobs and Infrastructure Acceleration Fund to regional projects. Last week, the government announced $2.4 billion in funding, which included $1.4 billion in accelerated funding for regional projects. This brings ...

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Billionaire family's windfall gain 'tip of iceberg' for land sales near new airport

Billionaire family's windfall gain 'tip of iceberg' for land sales near new airport

A billionaire family's windfall gain from the sale of land next to Western Sydney Airport has been described as the "tip of the iceberg" for the surrounding area, sparking calls for changes to ensure a far greater slice of the market uplift is returned to taxpayers. The federal government forked...

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Not quite less than zero: RBA looks at lower rates and more borrowing

Not quite less than zero: RBA looks at lower rates and more borrowing

The Reserve Bank says with interest rates to remain lower for longer, all levels of government can borrow for job-creating projects. The Reserve Bank could push interest rates closer to zero to help the economy out of the coronavirus recession as it presses all levels of government to use their ...

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Even in the midst of a recession the Australian housing market continues along its merry way

Even in the midst of a recession the Australian housing market continues along its merry way

The main reason for this is the incredibly cheap mortgage rates currently available The Australian housing market is a peculiar beast. You would think that in the midst of a worldwide pandemic that has seen Australia’s economy crash by 7%, and around one in five Australians either unemploy...

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Whizzkid buys almost one property a month during COVID-19

Whizzkid buys almost one property a month during COVID-19

28-year-old real estate “whizzkid” Eddie Dilleen who has been buying up a storm across Brisbane when the rest of the country was in COVID-19 lockdown. Pictured at one of his properties in Greenacre, Sydney. A 28-year-old ‘whizzkid’ bought almost one property a month whil...

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House prices will boom again next year, according to Westpac, making Australia's cities less affordable. Here's how each capital is predicted to fare.

House prices will boom again next year, according to Westpac, making Australia's cities less affordable. Here's how each capital is predicted to fare.

Westpac has updated its property forecasts, expecting a serious boom in the coming years. The bank’s economists expect prices to fall nationwide by just 2.3% more to June before booming to 2023. Fuelled by low-interest rates and record economic support, chief economist Bill Evans and Ma...

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Rezoning approved for a 300 lot housing subdivision

Rezoning approved for a 300 lot housing subdivision

A 27.2ha parcel of land at Lake Munmorah has been rezoned for a 300 lot housing subdivision to be bounded by environment conservation lands (green corridors). There was no debate on the matter when Central Coast Council put through the rezoning proposal at its April 27 meeting. A site specific ...

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Westpac Predicts House Price Surge

Westpac Predicts House Price Surge

Westpac is the latest bank to upgrade its short-term home price targets, citing record low interest rates, ongoing regulator support and a steadying economy for its more positive outlook. The bank says residential property prices are now expected to experience a 5 per cent correction through to ...

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Construction begins on $22m Corrimal housing project, a collaboration between Housing Trust and Traders in Purple

Construction begins on $22m Corrimal housing project, a collaboration between Housing Trust and Traders in Purple

A leading Illawarra community housing provider's latest project represents one of the largest purchases made in the organisation's 37-year history. Construction has begun on a new $22 million building project in Corrimal that will provide affordable rental housing. The Robert Street complex wil...

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Economist update: Regional areas dominating strongest price growth

Economist update: Regional areas dominating strongest price growth

The shift in interest to the regions is one of the more fascinating (and positive) trends to come out of COVID-19 – and the high level of interest in regional Australia is now flowing through to short-term pricing growth. Looking at the Local Government Areas that are seeing the strongest ...

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NSW Central Coast cafe owner says JobSeeker forcing closure ahead of bumper tourism season

NSW Central Coast cafe owner says JobSeeker forcing closure ahead of bumper tourism season

The New South Wales Central Coast is expected to boom this summer, with holidaymakers opting for a beachside getaway amid ongoing pandemic travel restrictions. But the future is not so bright for a well-established café in the coastal village of Avoca Beach, which has been forced to close...

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Economist update: Regional areas dominating strongest price growth

Economist update: Regional areas dominating strongest price growth

Looking at the Local Government Areas that are seeing the strongest growth over the past three months, it is overwhelmingly dominated by regional areas. Most of these are lifestyle areas – white-collar nomad driven – that have become popular over time, but particularly so since COVID-...

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Major housing and recreation redevelopment at Doyalson planned

Major housing and recreation redevelopment at Doyalson planned

Doylo Lifestyle Group has passed its first hurdle for a major housing and recreation redevelopment to be staged over 20 years on 45ha at Doyalson. At its April 27 meeting, Central Coast Council voted unanimously to rezone land for low density housing and to forward a proposal to the NSW Planning...

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Regional vacancies tighten as tenants flee CBDs

Residential vacancies in outer suburbs and regional areas fell sharply in July, while CBD apartments sat empty as professionals who could work remotely abandoned their city flats in favour of larger homes to escape the spreading virus. The SQM Research July vacancy rate report showed a slight dr...

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‘Licking their lips’: Who is still buying property in Australia’s recession?

‘Licking their lips’: Who is still buying property in Australia’s recession?

The Australian property market has taken a battering amid the COVID-19 pandemic with prices falling or stagnant in most cities, but white-collar workers, doctors and busy tradespeople have still been snapping up homes, agents said. Although the Australian economy fell into a recession in the Jun...

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Construction of new Sydney airport terminal due to start next year

Construction of new Sydney airport terminal due to start next year

Construction of a passenger terminal at Sydney's new $5.3 billion international airport is expected to start by the end of next year after several large contractors were shortlisted for the work. The federal government has also released further concept designs for Western Sydney Airport's termin...

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New housing code fast tracks development and packs in more people

New housing code fast tracks development and packs in more people

A new housing code, which allows dual occupancies, terraces and manor houses to be fast-tracked as complying development, now applies in all council areas. The Low Rise Housing Diversity Code (previously called the Low Rise Medium Density Housing Code), which started on July 1, allows developmen...

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Shire gains major concession in new code governing dual occupancies, terraces and manor houses

Shire gains major concession in new code governing dual occupancies, terraces and manor houses

Sutherland Shire has gained a late, major concession in the application of a new state-wide housing code. Planning Minister Rob Stokes has agreed to exclude the R2 low density residential zone in the shire from the new system. The code allows dual occupancies, terraces and manor houses to be ap...

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The NSW regions set to boom due to influx of Sydney residents

The NSW regions set to boom due to influx of Sydney residents

COVID-19 has accelerated a trend of Sydneysiders moving to regional NSW and the exodus from the big smoke is expected to drive up property values in key towns once the pandemic blows over. The areas set for the biggest jump in prices included the Hunter Region, Albury, Mudgee, Orange and Goulbur...

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Charter Hall plots research hub in Sydney's south-west

Charter Hall is laying the foundations for an emerging health and medical research hub in Sydney's south-west as it kicks off the first stage of a joint $350 million project with Western Sydney University. An impression of the emerging precinct, to be known as Innovation Quarter or iQ The&nbs...

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New national park opens with aim to protect koalas 'for future generations'

New national park opens with aim to protect koalas 'for future generations'

Important koala habitat will be protected for future generations with the creation of Guula Ngurra National Park. Premier Gladys Berejiklian said the creation of the new park in the Southern Highlands, which was gazetted on Sunday, would secure the future of koalas in the wild. "Koalas are an i...

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Another Happy Client !!!

Another Happy Client !!!

Koala Invest has helped another client in acquiring the perfect investment property. Our client wanted to buy a property with high rental income and rental yield and had certain requirements: total investment of under $650k, minimum block size of 600 sq. meters and the availability of garage for ...

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Buyer’s agent who owns $12m worth of properties reveals how to make money in a recession

A buyer’s agent with a $12m portfolio of properties, many purchased during the global financial crisis and other downturns, has revealed how to capitalise on the current environment. Investor Lloyd Edge has bought mutiple homes during downturns. Buying property in the middle of a recess...

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Boy, aged just 8, becomes one of Australia's youngest property investors as he purchases his first home for $970,000

An eight-year-old boy has bought his first home after outbidding other shoppers at a Sydney auction. Michael Hamdan, from the city's south west, snapped up a cluster of five one-bedroom studios in Greenacre on Saturday for $970,000.  The youth could now be Sydney's youngest property invest...

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Oran Park Tavern gets the green light

Oran Park Tavern gets the green light

A rooftop cocktail bar, a gold class cinema and a high-end steakhouse are just some of the features listed in plans for the region's newest pub. The $38 million Oran Park Tavern has been approved by the Sydney Western City Planning Panel. Momento Hospitality, operators of the Bella Vista Hotel,...

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Sydney market prepares for big Spring as 6000 properties hit market in past month

Sydney market prepares for big Spring as 6000 properties hit market in past month

The Sydney residential market looks set to kick off spring with a bumper number of offerings. Over the past month 6000 new listings have hit the Sydney market, which is up 27 per cent on the same period last year. These early bird offerings have taken the total Sydney listings to around 20,000, ...

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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 Cumbee Lane house with views of the Port Hacking waterway and Royal National Park, beating “spirited&...

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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, Leichhardt and...

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All the grants, schemes and incentives available for first-home buyers around the country

All the grants, schemes and incentives available for first-home buyers around the country

If first-time home buyers manage to navigate their way through all the options, conditions and qualifications for assistance with buying their first home, then they’ve earnt every cent. In some states you have to buy a brand-new home, in others it can be newly renovated or less than five y...

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Modern duplexes prove popular with young families

Modern duplexes prove popular with young families

These Ermington duplexes have been snapped up by out-of-area buyers. HOUSE hunters are flocking to a western Sydney suburb to choose from its selection of modern duplexes — many of which are the size of a typical stand-alone home. Two young families will soon move into their semi-deta...

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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. The developer lodged an application for the site at 52-54 McFarlane Street next to the Stockland Merrylands Shopping Centre. The pla...

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NSW to cut land tax for 20 years in ambitious build-to-rent scheme

The Berejiklian government will cut land tax for the next 20 years for new build-to-rent housing projects in an Australian-first designed to give renters longer-term leases. NSW will give a 50 per cent discount on land tax to developers who invest in build-to-rent schemes, which are designed to ...

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Sydney suburbs seeing double-digit price growth: REA's Nerida Conisbee

Sydney suburbs seeing double-digit price growth: REA's Nerida Conisbee

We are in recession; unemployment is rising, and we should be in a situation where house prices catastrophically fall. Yet, they remain resilient. Across Australia, prices have softened slightly since March (except in Canberra), but comparing prices to the same time last year, Sydney is doing re...

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Big boost for first home buyers and construction industry as stamp duty slashed

First home buyers and the construction industry will be the big winners under a targeted boost, which will eliminate stamp duty on newly-built homes below $800,000 and slash thousands of dollars for properties up to $1 million.  Premier Gladys Berejiklian said the change to stamp duty thres...

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

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 di...

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Oran Park Tavern one step closer to approval

Oran Park Tavern one step closer to approval

A rooftop cocktail bar, a gold class cinema and a high-end steakhouse are just some of the features listed in plans for the region's newest pub. The proposed Oran Park Tavern is set to go before the Sydney Western City Planning Panel on August 3. Momento Hospitality, operators of the ...

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Stamp duty paused for NSW first home buyers to boost construction

The Berejiklian government will temporarily axe stamp duty on new homes under $800,000 for first home buyers in a bid to boost construction and create jobs amid the COVID-19 crisis Premier Gladys Berejiklian said the government expected more than 6000 first home buyers would benefit from the cha...

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

Western Sydney is full of affordable housing options. In a property market as diverse as Sydney, $700,000 is going to buy you very little in some parts while in other locations it can still mean a good quality home or investment. There was “a rich and varied tapestry of property o...

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The 13 NSW projects set to inject more than $4 billion into the economy

The state's first hydrogen gas plant, the revamping of a western Sydney CBD and Central Station's planned tech hub are all part of the latest bundle of projects and planning proposals being rapidly assessed by the NSW government. Planning and Public Spaces Minister Rob Stokes on Saturday announc...

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Western Sydney Aerotropolis: Australia’s Next CBD Takes Shape

Western Sydney Aerotropolis: Australia’s Next CBD Takes Shape

The Western Sydney Aerotropolis, a multi-billion-dollar development to complement the upcoming Western Sydney Airport at Badgerys Creek, is beginning to take shape.The new city, surrounding the under-construction Nancy-Bird Walton Airport, will include commercial, agricultural, industrial and res...

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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 built at Luddenham and Orchard Hills as part of th...

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Construction to Start on Macquarie Park’s Ivanhoe Estate

Construction to Start on Macquarie Park’s Ivanhoe Estate

Up to 3300 new homes will be built in Sydney’s north west after the New South Wales government green-lit concept plans for Ivanhoe Estate in Macquarie Park as one it "shovel ready" projects. Frasers Property Australia and community housing provider Mission Australia Housing are behind the ...

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Happy Client !!!

Happy Client !!!

“Being a lean and agile organization, Koala Invest can offer a level of customization that many others are unable to offer. Recently, we helped a client acquire a property that consisted of a 3 bedroom house on a 1000 m2 land. Furthermore, we offered our services in getting the land subdivi...

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Buying property in the Coronavirus times

Buying property in the Coronavirus times

Few of us will be buying or selling property in coming weeks, given the practical challenges and the need for caution. But there will be owners who are motivated to sell. In some instances, they have already bought a replacement home and are keen to offload the current residence to avoid bridg...

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How much will property prices increase in Sydney this year? By a lot, new forecast says

How much will property prices increase in Sydney this year? By a lot, new forecast says

Sydney is set for a fresh property boom, with both house and apartment prices predicted to skyrocket, passing the 2017 peak and chalking up record prices by the end of this year. Domain’s Property Price Forecasts – 2020, released Wednesday, predicts houses in Sydney will rise b...

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Happy Client !!!

Happy Client !!!

Koala Invest has helped another client in achieving the mile stone of acquiring their first family home. Our client wanted to buy a home for themselves and had certain requirements: total budget of under $750,000, minimum block size of 300 sq. meters with a minimum 12 m of frontage and a double ...

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Another client success story!

Another client success story!

Koala Invest has helped another client in acquiring the perfect investment property. Our client wanted to buy a property with high rental income and rental yield and had certain other requirements: total investment of under $650,000 and minimum block size of 500 sq. meters. Based on the client&r...

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Alex Frino on Illawarra's economy, housing prices and employment

My first job out of university was as an analyst with a major global stockbroker with an exciting bunch of colleagues that would forecast the living daylights out of anything you might be interested in. For those of us who were over-keen and willing to work between Christmas and New Year...

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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 over the railway at Camellia statio...

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Illawarra agents discuss hot spot, up-and-coming suburbs for 2020

Illawarra agents discuss hot spot, up-and-coming suburbs for 2020

Illawarra agents have shared their tips for up-and-coming suburbs and growth areas in 2020. Neil Webster from Stone Real Estate - Illawarra told the Mercury there were several suburbs throughout the region that he expected to enjoy a resurgence next year. "In the northern ...

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Illawarra's commercial property market enjoyed a strong 2019: agent

Illawarra's commercial property market enjoyed a strong 2019: agent

The year 2019 was "one of the stronger in recent times" for the Illawarra's commercial property market, an agent believes. Tim Jones, managing director of commercial sales at MMJ Wollongong said there was a sentiment that "not everything's going to the open market now - there's a fai...

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Illawarra agents look at the 2019 property market, offer advice for buyers in 2020

Illawarra agents look at the 2019 property market, offer advice for buyers in 2020

Prospective buyers in the Illawarra should get their finances in order, be confident and take advantage of stamp duty exemptions in 2020, agents suggest. Daniel Hastings, director and head auctioneer at MMJ Wollongong said the Illawarra property market started 2019 with the "finishin...

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Mirvac, John Holland to develop $800m Waterloo metro station project

Mirvac, John Holland to develop $800m Waterloo metro station project

Developer Mirvac and its joint-venture partner John Holland have won a tender to build the $800 million mixed-use Waterloo metro station in Sydney's inner south. Under the plan, the consortium will construct the station, three towers and two mid-rise buildings above and adjacent to the sta...

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Central Coast properties sell well above expectations at auction

Central Coast properties are selling well above expectations at auction. The Central Coast auction market continues to perform strongly, with several properties selling for well above expectations. One block of land at 563B The Entrance Rd, Erina Heights sold for $1.63 million, a ...

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Blue Haven on the Central Coast has affordable property and the best school in Australia

Principal Paul McDermott with Blue Haven students. The school recently won the coveted award of ‘Australia’s best public primary school’ at the Australian Education Awards. Picture: John Feder/The Australian. A Central Coast suburb with some of the most affordable property ...

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Mulpha’s $1bn Norwest Masterplan Wins Approval

Mulpha’s $1bn Norwest Masterplan Wins Approval

A series of nine high-rise towers, ranging from eight to 26-storeys, has been approved as part of Malaysian conglomerate Mulpha’s $1 billion masterplanned residential proposal for The Greens in Sydney’s Norwest. The project will deliver a total of 864 residential apartments, at 40 So...

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Long Jetty highlighted as top suburb for consistent property sales

Long Jetty highlighted as top suburb for property sales consistency. A new report from Hotspotting.com.au has highlighted Long Jetty as one of the top suburbs in the nation for consistent property sales. With a median house price of $660,000, the trendy Central Coast hot spot has shown regu...

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Landcom Plans 3500 New Homes in Glenfield

Landcom Plans 3500 New Homes in Glenfield

Plans for up to 3,500 new homes in Sydney’s south-west are in place for surplus government land in Glenfield. Landcom, the New South Wales government property arm says it will transform the land around the existing Hurlstone Agricultural High School into a new housing development and commu...

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Gregory Hills’ new lifestyle precinct one step closer

Gregory Hills’ new lifestyle precinct one step closer

A cinema complex, two hotels, a recreation centre and restaurants will be built in Gregory Hills.  The NSW government Regional Planning Assessment Panel has approved a large retail centre known as SOMA Lifestyle. The six-hectare site will fall between the coming SOMA W...

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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 2020 s...

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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 investment...

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House Price Surge Continues in ‘Rapid Recovery’: Corelogic

House Price Surge Continues in ‘Rapid Recovery’: Corelogic

Australia’s housing market is now five months into its recovery, as Sydney and Melbourne drive the turnaround with values up by 2.7 and 2.2 per cent respectively for the month of November. The national index recorded an increase of 1.7 per cent for the month, with all capital citie...

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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. Owners of units in Sydney’s Opal Tower are seeking millions of dollars in compensation from the State Government in a class-action lawsuit. In do...

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Another Happy Dual Occupancy Client !!

Koala Invest has helped another of its client in finding the perfect Investment home. Our client was searching for a dual occupancy under $600k with a block size of at least 500m and garages for both units. We presented a range of options in the Newcastle region that offered excellent rental yi...

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Sydney and Melbourne house prices could return to peak levels sooner rather than later

Melbourne and Sydney house prices could return to peak levels over the next three years, economists are predicting. With a quicker-than-expected turnaround since the market slump between 2017 and 2019 in both capitals, pressure is now increasing on those looking to get into the market. &nbs...

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House values jump 1.9 per cent in a month in Sydney and Melbourne

House values in Sydney and Melbourne jumped by 1.9 per cent in September as other capital city property markets struggled to gain traction on the back of the Reserve Bank's cuts in official interest rates. House values in Sydney and Melbourne jumped by 1.9 per cent in September as other capita...

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Proposed western Sydney airport to push up prices in Badgerys Creek

First home buyers, astute investors and optimistic land bankers are narrowing in on property in Badgerys Creek and neighbouring suburbs due to expected price growth following the eventual development of the Aerotropolis. Nestor and Rebecca Chan are looking to buy in Badgerys Creek or a neigh...

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Chinese-Australian property investors stand to lose millions in collapse of apartment developer Ralan Group

Property developer Ralan Group's collapse has left thousands of investors facing financial ruin PHOTO: Former Ralan salesman Stanley Xie. (ABC News: Jerry Rickard) Stanley Xie feels angry and frustrated. Most of all, he feels a sense of guilt. “Because of me, they lost their ...

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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 acquisition of the historic Bulimba Barracks site in Brisbane. The Taiwanese-backed developer secured the two buildings at 2-6 Cavill Avenue in Ash...

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Sydney’s Emerging Aerotropolis Suburbs Offering Gains for Developers

Sydney's emerging greenfield suburbs such as Gledswood Hills, Oran Park, Gregory Hills and Leppington are benefiting from future infrastructure hotspots such as the Aerotropolis, Western Sydney International Airport and Sydney Science Park. Sydney’s emerging greenfield suburbs su...

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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. Five of Sydney’s 15 major regions are bearing the brunt of the population boom, having absorbed well over half of the city&...

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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 between Green Hills shopping centre and new hospital site.   East Maitland will be one of t...

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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 between Green Hills shopping centre and new hospital site.   East Maitland will be one of t...

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Lendlease Wins Badgerys Creek Airport Contract

Lendlease’s engineering arm is for sale following being hit by losses and concern private contractors had been taking excessive risks to win low-margin work, the unit is still taking on projects deemed lower risk. Lendlease Engineering and joint venture Partner CPB Contractors hav...

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Newcastle Airport purchases land for Astra Aerolab project

Development of a new high-tech hub at Williamtown could begin as early as next month after Newcastle Airport bought land for the project. Parliamentary secretary for the Hunter Scot MacDonald, deputy NSW premier John Barilaro and Newcastle Airport CEO Dr Peter Cock at the announcement of...

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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 government has announced $11.7 million in funding to create a defence, aviation, aerospace and technology precinct in the Hunter region. NSW Deputy Premier John Barilaro mad...

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Changing places: research study finds population growth could be best placed in regional centres

Greater Newcastle's population could increase to more than 1.8 million by 2056 if a regional growth plan was adopted by governments to more widely distribute the future population settlement pattern, a report from the Regional Australia Institute says. Greater Newcastle’s popul...

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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’s new civic, cultural and community building, after it received endorsement from the Council to lodge a Development Application (DA) for the building. City of Parramatta Council is one step...

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Maitland and Cessnock big winners if airport expansion approved

FLYING HIGH: Cessock Airport could become a commercial aviation hub.   Maitland and Cessnock’s economies are poised to cash in on plans to expand Cessnock Airport, which could result in big tourism and business bucks for the two leading Hunter hubs.     ...

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Newcastle University unveils plans for new $200m STEMM building at Callaghan

Newcastle University has unveiled plans for its grandest infrastructure investment, a $200 million "flagship" multi-discipline building at its Callaghan campus. Newcastle University has unveiled plans for its grandest infrastructure investment, a $200 million “flagship” multi-d...

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Sydney house price falls slow as property market downturn nears its end: new report

Sydney’s largest correction in house prices since the 1980s appears to be near its end, with prices increasing in more than half of the city’s regions in the June quarter, new data shows.   Sydney’s largest correction in house prices since the 1980s appears to be ...

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Sydney property developer Ralan collapses

Hundreds of Gold Coast and Sydney off-the-plan apartment buyers have been caught out by the collapse of one of the country's biggest private developers, William O'Dwyer's Ralan Group. Hundreds of Gold Coast and Sydney off-the-plan apartment buyers have been caught out by the collapse of one of...

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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’s latest home value index showed. This was an improvement on the 0.1...

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Hong Kong developer snaps up popular land in Warnervale town centre

Property developers have scrambled to get their hands on a site in the master planned Warnervale town centre on the Central Coast, with the sale going to a Hong Kong buyer. Another development site in the Warnervale Town Centre has been sold with a parcel of Woongarrah land collecting $6.4 m...

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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 — building 127 apartments and townhouses on contaminated ground. A fourth Sydney unit block has been abandoned after the developer failed to undertake adequate rem...

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Happy SMSF client leases property on the same day of settlement.

Great news from one of our clients with tenants found for their new investment home in Cliftleigh, NSW on the same day of settlement, a KOALA INVEST RECORD!! HAPPY CLIENTSNEW SOUTH WALESPROPERTY AND INVESTMENT NEWS Related Posts Inner Brisbane Apartment Market to Stabilise in 2...

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'It hasn't worked' Premier admits Sydney's building industry is failing

Premier Gladys Berejiklian says the system of regulation in the building industry is not working after the Herald revealed the evacuation of a third apartment building in Sydney. Premier Gladys Berejiklian says the system of regulation in the building industry is not working after&nb...

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Zetland apartments abandoned in secret evacuation over 'severe' defects

An inner Sydney apartment building remains abandoned eight months after its occupants were evacuated over water and fire safety defects, in revelations expected to deliver a fresh blow to confidence in the city's building standards. An inner Sydney apartment building remains abandoned eight mo...

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'It hasn't worked': Premier admits Sydney's building industry is failing

Premier Gladys Berejiklian says the system of regulation in the building industry is not working after the Herald revealed the evacuation of a third apartment building in Sydney. Premier Gladys Berejiklian says the system of regulation in the building industry is not working after&nb...

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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. Leading property analysts believe the Sydney market will bottom out by spring and...

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House prices boom in suburbs along Metro Northwest train line

House prices in suburbs along the new Sydney Metro Northwest train line have grown by almost triple the national average — and the new transport link has been credited as a significant driver. House prices in suburbs along the new Sydney Metro Northwest train line have grown by almost tr...

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Rental Conditions Favour Tenants in These Capitals..

It's now more expensive to rent a house in Hobart than Melbourne, with rents rising in the Tasmanian capital 7.1 per cent over the quarter. It’s now more expensive to rent a house in Hobart than Melbourne, with rents rising in the Tasmanian capital 7.1 per cent over the quarter. W...

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Mantle Group Lists 184ha Master Planned Site

The former home of the Terranora Lakes Country Club owned by hospitality heavyweights Godfrey and Jenny Mantle has come to market with project approval for more than 1600 residential lots. Spanning a significant 184-hectares of land in northern New South Wales, and located seven-kilometres fro...

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Regional Australia is big winner in the Federal Budget

There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner. There was very little directly related to housing in this year’s Federal Budget, however regional Australia is the clear winner.   More sp...

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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’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. Data released by SQ...

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

$649 million redevelopment in Sydney’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’s independent planning commission. A $649 million redevelopment in Sydney’s Cockle Bay, a...

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Property buyers get twice the house with half the mortgage by using clever strategy

Young couples are securing Sydney homes while still living a high life of holidays and expensive dinners by using a clever home building strategy that minimises their mortgage obligations. Young couples are clawing their way onto Sydney’s elusive property ladder without skimping on luxur...

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Nanshan Group Plans $225m Tourist Resort, 300 Homes in Hills District

Nanshan has lodged plans with council for the progressive development of the 227-hectare site into a masterplan for 300 homes, a hotel precinct with a 150-key hotel and an internal road network and landscape strategy. Chinese investor Nanshan Group has plans to spend $225.5 million developing ...

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Tuggerah Lakes Private Hospital to open in May 2019

  Tuggerah Lakes Private Hospital (TLPH), the former Wyong Shire’s newest major health facility, has moved closer to completion, with staff announcing that the hospital will open in May. Tuggerah Lakes Private Hospital (TLPH), the former Wyong Shire’s newest major health fa...

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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 1 per cent during the first three months of the year. “This seasonally strong first quarter has delivered the highest incre...

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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. Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were bor...

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NSW set to save on stamp duty

The NSW State Government have announced plans to change stamp duty price brackets. From 1 July 2019, stamp duty price brackets will be pegged to CPI (Consumer Price Index) resulting in savings for property buyers. Initial savings would be anywhere between $200 to $600 with those savings increasi...

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Maitland's new $43 million civic precinct will include the iconic Town Hall Cafe building

One of the city’s oldest commercial buildings will be incorporated into Maitland City Council’s $43 million civic precinct development which will include significant improvements to the town hall and the construction of a new administration building. General Manager D...

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Macquarie Park to get new $750m business district

A new commercial development at Macquarie Park has been labelled “Australia’s first community business district” by the developers who will commit $750 million to the project. A new commercial development labelled “Australia’s first community business district&r...

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Yet Another Happy SMSF Client!!

More Happy Clients have found their perfect investment with Koala Invest’s assistance Koala Invest has helped another of its client in finding the perfect Investment home through SMSF. Our client was searching for a dual occupancy under $650k with a block size of at least 600m2. We pre...

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Special planning proposals provide opportunity for 1,500 homes

Residential development at Lake Munmorah and a proposal to rezone land at Wallarah for employment uses and environmental conservation, are outlined in the Interim Darkinjung Development Delivery Plan Central Coast Council is currently progressing three Darkinjung planning proposals. Projects a...

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2020 Tuggerah Lakes Restoration Project launched

A Notice of Motion from Councillor Greg Best called for council to engage all levels of government in the timely lead-up to the 2019 elections, taking a “whole of lakes” approach through triggering a much needed 2020 Tuggerah Lakes Restoration Project. Central Coast Councillors v...

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NSW GOVERNMENT EYES NEW HOME FOR 4000 OFFICE WORKERS IN PARRAMATTA

The government’s property management agency, Property NSW, is calling for expressions of interest to lease office space for more than 4000 staff from 2022.   The NSW Government is on the hunt for up to 45,000 square metres of new office space in Parramatta. The gover...

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$470 million for the New Maitland Hospital.

The new Maitland Hospital could open as early as 2022, with the successful contractor and project manager announced on Wednesday.The new Maitland Hospital will be almost twice the size of the existing hospital, delivering on the NSW Government’s commitment to improve regional access to qu...

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$350m private hospital & medical precinct announced

A joint project by AA Crown Holdings and Northside Group, the $350m Northside Private Hospital and medical precinct will deliver world class medical services to complement Gosford’s existing public hospital. A major new private hospital and health precinct is earmarked for Racecourse R...

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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 through 2017-18, taking th...

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New $470m hospital brings care to country NSW

The new Maitland Hospital will provide an extensive range of adult and paediatric services including emergency, paediatric, maternity, chemotherapy and state-of-the-art operating suites.Located on a greenfield site in Metford, the brand new $470 million Maitland Hospital is set to boast st...

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$780 MILLION TO REDEVELOP JOHN HUNTER HOSPITAL

Families across the Hunter region will benefit from the redevelopment of John Hunter Hospital in Newcastle. As the major teaching and referral hospital for our region, this $780 million investment in John Hunter Hospital will also ensure locals can receive essential healthcare closer to home. ...

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The Hunter Valley Investment Powers On

The project is set to generate 2000 new jobs and will be based at the Hunter Valley Economic Zone (HEZ), near Kurri Kurri at an estimated cost of 4 - 5 billion dollars. A Hong Kong investment firm says a deal has been signed to build two large coal-fired power plants ne...

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Yet Another Happy Client!!

More Happy Clients have found their perfect investment with Koala Invest's assistance Koala Invest has helped another of its client in finding the perfect Investment home. Our client from Melbourne was searching for a dual occupancy under $600k with a block size of at least 600m and garages ...

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Coast’s water supply network gets $61million boost

Central Coast Council is preparing to deliver one of the region’s most significant infrastructure projects – a nine kilometre water pipeline from Mardi to Warnervale. The $61million project will boost water supply to the Central Coast’s rapidly growing northern suburbs and ...

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The leading regional economy in Australia:THE HUNTER REGION NSW

The Hunter region has an estimated 322,000 jobs and this is projected to increase to 384,000 by 2036. The Hunter has a GDP of $43 billion, substantially outpacing NT, TAS and ACT. This is in addition to urban development projects totalling nearly $4 billion dollars, vacancy rates in key areas as ...

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$2.8 Billion Tuggerah Precinct Investment : Central Coast

Now is the time to invest in Central coast region as NSW Government pledges $2.8 billion on new infrastructure. With creation of 5000 new homes, around 10,000 jobs created during construction of the project and more than 2,500 permanent local positions available as a result, this initial stage ...

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Warnervale new public school: Minister reassures parents

NSW Education Minister Rob Stokes has reassured parents that the new Warnervale Public School is on track to be completed by late 2021.     Mr Stokes was responding to concerns by Central Coast P and C president Sharryn Brownlee that the school plan might have been delaye...

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Housing slump bites as Sydney apartments line up for fire sale

Scores of apartments in a multimillion-dollar Sydney complex will be sold in one line by receivers after the project’s developer fell victim to Australia’s property slump. In a further sign of cracks in the apartment market, receivers and managers Newpoint Advisory are selling 61 uni...

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Maitland population breaks 80,000

Maitland’s population growth is showing no signs of slowing down, with more than 80,000 people now calling city home. Preliminary data released by the Australian Bureau of Statistics on Tuesday estimated that 81,235 people lived in Maitland as of June 30 last year, almost 2000 more people ...

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Sydney rental reversal: falling rents, rising vacancies as landlords hang on

Fleet leasing executive Rebecca Crowley knew it was time to get out of Sydney when her landlord raised the rent on her two-bedroom apartment in Surry Hills to $900 a week.   She and her flatmate were already paying $807 a week. Her share accounted for 47 per cent of her take-home pay. So ...

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A Fast Rail Future for NSW

The NSW Government has a vision for vibrant and growing regional economies, providing NSW residents with more jobs, greater opportunities and better quality of life. Vision Many of our state’s regional areas have room to grow and are keen to draw in more investment, ...

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Wyong Hospital redevelopment Pictures and video reveal plan

Designs have been unveiled for the $200 million Wyong Hospital Redevelopment. When complete, the redevelopment will increase the service capacity of the hospital with an additional building and a revamp of some existing areas. There will be a new and enhanced Emergency Department; enhance...

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Kangy Angy Rail Maintenance Facility: design images revealed

The first images of the $300 million new Intercity Fleet maintenance facility at Kangy Angy have been released by the State Government. The controversial development has been the scene of protests by local residents who say their quiet area has been totally trashed by construction of the f...

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Listings Lurch Higher as Housing Market Conditions Languish

The volume of housing stock listed for sale is currently higher, for this time of year, than it has been in many years. While total stock is elevated, newly listed stock remains at fairly similar levels to recent years which suggests that it isn’t a dumping of stock onto the market which ...

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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 “scarred”. 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. “If we&rs...

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Third of new units worth less than owners have to pay for them

Nearly a third of Sydney’s newly completed units are now worth less than what their buyers will have to pay for them. Many of the homes were purchased at inflated prices agreed during the housing boom two years ago but dropped in value as the market slumped over the time it took to build...

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Residents seek compensation from 'house of horrors' boarding home

It has been 11 years since the first disturbing allegations began to emerge from the Grand Western Lodge boarding house in the small town of Millthorpe, near Orange, but the residents’ stories still send a shiver down the spine. ”The residents have told us how they were bashed up, to...

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Retail giants IKEA and Costco signal Newcastle's in store

FOR more than 100 years it was home to the Hunter’s first heavy industry, one of the region’s chief polluters.     Now it appears Boolaroo could soon be home to Swedish retail giant IKEA and American wholesale shopping juggernaut ...

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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’s decline, new data shows The October 2018 edition of the REINSW Vacancy Rate Survey showed metropolitan Sydney vacancy rates were down 0.1 of a percentage point over the month to 2.1 per cent. Leanne Pilkington, presi...

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Developer Concessions to Increase Medium Density Housing in NSW

Low-rise medium-density housing, widely considered “the missing part” of NSW housing stock, could be the way forward as new concessions for developers kick in. NSW is currently experiencing consistent growth in townhouse development and a surge in medium-density viewership over the l...

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Australian sustainable design The challenges, what we’re getting right, and where to from here

The drive behind building more environmentally friendly residential homes is coming from individuals, not government bodies, and cookie-cutter developments are holding us back, according to a think tank assembled to address the issue of implementing sustainable design. The chair of the discuss...

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Two boarding houses proposed & another receives construction certificate

AUGUST 4, 2018   Two boarding house proposals, at Niagara Park and Wamberal, are currently being assessed by Central Coast Council, and a third, in Beane St, Gosford, has just been granted a construction certificate.A construction certificate has been granted for a $4m, 36-room boardin...

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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.   The property at 65 Smith Street, is recognisable for the beautiful original home with a wrap-around verandah that sits beh...

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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 Orange. Greg Kings said he would be developing a ‘boutique’ 14-room complex at 48 Molong Street and a larger “no more than 24 r...

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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 “serious and growing problem”, prompting a developer to pitch a plan to build what would become the city’s largest boarding house. Earmarked for the western edge of Wollongong’...

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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 project the site located at 109A Wigram Street, Harris Park – 30 kilometres from Sydney&...

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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’t want to see the area flooded with the high-density accommodation. A nine-bedroom boarding house was approved for 1 Bocking Ave, Bradbury while a 15-bedroom boarding house...

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Sydney home prices just fell at the fastest annual pace since 1990

Australian home prices fell for a 13th consecutive month in October, driven by continued falls in Sydney and Melbourne, the largest and most expensive capital city markets. CoreLogic’s Home Value Index slid 0.5% — the same decline reported in September — leaving the decline o...

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Sydney-to-Canberra 'very fast train' the focus for $4.2-billion Snowy Hydro Fund

Part of the Snowy Hydro Legacy Fund is set to be spent on funding a new corridor for a “very fast train” between Canberra and Sydney. Key points: The NSW Government says the $4.2 billion fund will be used for rail and road connectivity, freight, aviation and digital connecti...

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Central Coast wave park: Council to investigate potential sites

FORCES are gathering for the Central Coast’s very own wave park. Millionaire properly developer Tony Denny would be willing to invest and Central Coast Council has committed to investigate potential sites. A wave park is a swimming pool with artificially generated, large waves simil...

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Snowy Hydro Scheme sale could deliver $400m to Central Coast

An estimated $400m in Snowy Hydro Scheme funding is expected to be made available to Central Coast Council from the NSW Government’s sale of its share of the Snowy Hydro Scheme to the Federal Government. The NSW Snowy Hydro Scheme Legacy Fund has a $4.1b commitment for projects in region...

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Wyong Race Club reveal $6 million master plan complete with all-weather track and more stables

CENTRAL Coast trainers are set to be the biggest beneficiaries of a $6 million master plan announced for Wyong Race Club today, with an all-weather training track headlining a huge investment in new and improved facilities. Punters can also expect a rather large increase in stabling capaci...

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Sydney house prices to fall 5.1 pc, but surge on Central Coast: Moody's

Sydney house prices will fall 5.1 per cent this year, and then tread water in 2019 with only a 0.6 per cent gain, according to forecasts by Moody’s Analytics and Corelogic. However, the correction in NSW won’t be uniform with more affordable areas like the Central Coast &nd...

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How Have Dwelling Values Shifted Across The Regional Areas Of Australia?

The latest CoreLogic home value index results show the slowdown in the national market has become more broadly based with regional dwelling value growth continuing to slow. In this week’s Pulse we look at how values have changed over the past 12 months outside of the capital cities. Over...

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Australia's housing downturn is deepening as prices fall across most parts of the country

Australian home prices fell for an eleventh consecutive month in August, led by declines in a majority of capital cities. According to CoreLogic’s Hedonic Home Value Index, Australia’s median home price fell 0.3%, adding to a 0.6% drop recorded previously in July. That took the decl...

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Tourism Central Coast encourages everyone to ‘have a little adventure'

Tourism Central Coast is spilling the beans on being “Sydney’s best-kept adventure secret” in its latest campaign.  “Our research identified very early on that there was a clear disconnect between perceptions of the Central Coast and the actual reality”, says A...

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Central Coast Gateway to future growth

Woongarrah, Hamlyn Terrace, Wadalba, Warnervale, and Glenning Valley are the epicentre of residential development on the Central Coast, endorsed by the NSW Government’s Central Coast Regional Plan 2036. This special report looks at how hundreds of acres of greenfield land and bush...

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$19 billion rise in Hunter land values with no end in sight

Great News for Hunter Region investors THE Hunter’s frenzied real estate market drove land values up almost 15 per cent, or more than $15 billion, last financial year to a new regional high-water mark. Figures issued by the NSW Valuer General estima...

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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 at Luddenham is the first major development off the back of Sydney’s pl...

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Aussie: 25 Years of Housing Trends

Aussie recently released there 25 Years of Housing Trends report. This report showcases: Strong housing market conditions have boosted household wealth over the past quarter of a century. The average mortgage size has increased at roughly the same pace as housing values. With mortgage rate...

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NSW Government Plans $386m Development at Tallawong Station

The NSW government’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 will stretch across 7.8 hectares, will include 85,000sq m of residential development and 900...

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Domain’s Rental Report: June 2018

Only one capital city’s median rental price for houses increased over the June quarter according to the latest Domain Rental Report out today. The national median rental price for houses remained steady at $437 over the three months to June, while the median unit rental price f...

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Australia’s Top Performing Suburbs Revealed

Despite recent house price weakness, Australia’s property boom – which saw house prices in some areas of Sydney soar almost 90 per cent from 2010 – created windfall gains for some property owners. Property researcher Corelogic has revealed the top growth suburbs ov...

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Parramatta Set to Receive Two New Hotel Skyscrapers

Parramatta’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 month by the City of Parramatta, the 300-room Starwood Four Points by Sheraton and the ...

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Extremes of Australia’s property market growth and decline revealed

The disparate state of Australia’s property market has been laid bare in a new report, with prices in some markets falling by 7.4%, while others are booming, with price growth of just over than 16% year-on-year. The latest realestate.com.au Property Outlook Report, released today, s...

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NSW Pioneers Build-to-Rent in Redfern

New South Wales will be the first state to fund a dedicated build-to-rent model, Minister for Social Housing Pru Goward revealed on Friday. The minister revealed that a Communities Plus housing site in Redfern would be home to the nation’s first ever build-to-rent housing model. The Red...

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

Parramatta’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 span 12 kilometres, will connect the Westmead health precinct to Carlingford via Parramatta ...

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$300M Kangy Angy rail facility: Work to begin and new jobs created

IT’S time to accept that the rail maintenance facility is going ahead in Kangy Angy and celebrate the benefits to the Central Coast. That was the message from Central Coast Parliamentary Secretary Scot MacDonald as he turned the first sod at the Turpentine Road site yesterday. Const...

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State government to undertake major regulatory overhaul on short term letting industry

AIRBNB will make an aggressive push to convince NSW it contributes almost $1 billion and 7000 jobs to the economy as the State Government prepares to crack down on bad behaviour by short term letting guests. A major regulatory overhaul for the short term letting industry, including ...

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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 our city is “losing talent and skills” because of the “severe” shortage of affordable housing and lack...

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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-density housing in NSW. Under the new medium-density housing code announced last week, duplexes, terraces and ...

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Two homes for the price of one Is building a duplex a good investment or double the trouble

Everyone loves a great deal, which is why home builders may be tempted by the idea of getting two homes for the price of one. Although it costs more to build a duplex than a single freestanding house, it’s usually cheaper than building two houses, and because both dwellings are on t...

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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 years to come. An extra 500,000 residents are expected to move into the area within three decade...

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Sydney to Newcastle rail line to be a business case for faster services

REDUCING travel time between Newcastle and Sydney from three to two hours could be a “game changer” for the Central Coast. Straighter tracks, removal of level crossings and increased speeds over 120km will be explored with a view to shorten the journey on the Coastal rail line....

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New Business Prospectus for Hunter and Central Coast Regions released

Great News for the Central Coast and Hunter Regions A recent update to the Investment Prospectus of the Hunter and Central Coast Regions has been released giving a great insight into investment in these regions. Some of the main points include: Central Coast The Central Coast contribute...

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Development Applications(DA), Complying Development Certificates (CDC) and Section 94 Contributions

DA, CDC and Section 94 Explained Two of the most asked about topics that often comes up when starting the planning process  are “What is the difference between a Development Application (DA) and a Complying Development Certificate (CDC)? and ” What are Section 94 Contributio...

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Residential Land in Short Supply, Prices Increasing

Recent study links Land price with availability and size A recent study by HIA and Corelogic has indicated a lack of residential land has lead to a 10.9 percent annual increase in the median lot prices.  This increase has created an all-time median price high of $267,386 per lot with th...

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Housing boom for Lake Macquarie Region

Housing approvals rose by 8 percent last year Recent data from the Australian Bureau of Statistics has shown a increase in housing approvals. “In total, 4618 approvals were issued for new dwellings across the Hunter, compared to 4293 in 2016, an increase of 8 per cent on already ...

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New rehabilitation ward in Woy Woy

New rehabilitation facilities have been approved for a local hospital. A new rehabilitation ward has been opened at the Woy Woy Hospital, which began construction in January 2017 at a cost of $10M, includes 24 rehabilitation beds, a gym, hydrotherapy pool, and a separate entranceway and faci...

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Feeling priced out of Sydney? You're not alone.

Key workers are being shut out of Sydney Property New South Wales’s high house prices are forcing teachers, nurses, police and emergency workers to leave Sydney, with many struggling to even pay rent in the city, a new report has found.A University of Sydney report found in the 10 ye...

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Power woes for Central Coast Rail Line? NO MORE!!

Central coast rail line gets major upgrade New infrastructure aimed at securing power for the Central Coast-Newcastle railway line in coming years has been unveiled in Gosford. The power substation has been under construction under the Brian McGowan bridge since August 2017, as part of...

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Unit rentals in Central Coast are increasing by 5.7% annually

Renting an apartment on the Central Coast is almost as expensive as living in some parts of Sydney. Renting an apartment on the Central Coast is now nearly as expensive as living in some parts of Sydney. The median asking rent for a unit on the northern coastal region is now $370 a week, a ...

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Koala Invest provides REAL Investment Solutions

Koala Invest recently settled another Dual Occupancy Investment Package for one of our clients that offered the best in Capital Growth, Rental Yield and Rental Income.   Located nearby to the beautiful Lake Macquarie. Surrounded by 6 Public and Private Schools. Only a stone’s thr...

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Investment in Newcastle is Booming!

Newcastle has become one of Australia's investment hotspots Growth in Newcastle has been spectacular in the past 18 months, the median house price, which is only slightly over the $600,000 mark, is still about half that of Sydney. Growth rates were as high as 25 per cent at their peak per ye...

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Sydney needs more boarding houses

  I was a town planner at the former City of South Sydney in the mid-nineties when brothels became legal. Brothel operators could apply to legalise brothels that had been operating for decades. I remember someone objecting to a “proposed” brothel in East Sydney, saying it ...

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NorthConnex Tunnel proceeding as planned

Great news for residents in the Central Coast and for tourism in the area. A faster and safer journey between the Central Coast and Sydney is on the way for motorists, with work onNorthConnex on track to be completed in late 2019.Parliamentary Secretary for the Central Coast Scot MacDonald M...

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Record Land Price for Trinity Point

1164 m2 lakeside block in Morisset Park Land price records for Morisset Park have been smashed with a wealthy Sydneysider reportedly paying “Well over the $1M mark” for a lavish 8 bedroom Mansion on 1164m2 of waterside land. The build is expected to contain 660m2 of living space ...

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$200M Upgrade to Wyong Hospital, supported by both parties

Major Infrastructure upgrades for the Wyong-Warnervale area healthcare systems Major improvements to the Wyong Hospital have been set in stone with the confirmation of funding from both political parties. Work is expected to start in February 2018 on a 500 space car park with the additional ...

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$150M upgrade to Warnervale, new town centre and rail station

  Warnervale tipped to receive a major boost to economy with new town centre Recent work towards to the future construction of the Warnervale Town Centre has begun with the approval of various Developmental Approvals. Some of these approvals include: • Development Control Plan ap...

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