Summary

  • New Home Sales Figures for 2015-16

    An article on the website The Adviser anticipates healthy figures for new home sales in the year 2016. There has been a modest dip in July but it is no reason to worry. Sale of detached dwellings has come up by 0.7% in the month running up to July. However, it has fallen 2.8% in…

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  • More Chinese Money to Flow Into Australian Property Market

    James Mitchell writes an article for the website The Adviser wherein he says that the relaxation of capital export restrictions will see something like $75 billion of Chinese capital flowing into the Australian properly market shortly. The scheme used by the Chinese government was started for institutions and was known as QDII1. The recent one…

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  • Sydney Registers Better Auction Clearance Rate

    In an article for the website Your Investment Property, Phil McCarroll writes that the rate of national auction clearance has been coming down. In contrast, Sydney’s auction scene has been looking good. The preliminary clearance for Sydney has topped 80%; a figure it has touched for the first time in the last 5 weeks. Compared…

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  • Vaucluse Property Fetches Record Sale Price

    Phil McCarroll writes a piece for the website Your Investment Property wherein he talks about how a mansion in Vaucluse has smashed all real estate records. The six story mansion called La Mer has been sold for an unprecedented price of $70 million. A Perth mansion sold off for $57.5 million was the highest price…

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  • Vendor Discounts Not a Thing of the Past Yet

    In an article for the website Your Investment Property, Phil McCarroll writes that there might be a tag of “Seller’s market” on Sydney but there are quite a few suburbs which still have to offer vendor discounts for ensuring that the sale goes through. Suburbs like Vaucluse and Mosmon (among others) have offered a rebate…

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  • Undersupply and Dwelling Constuction Costs to Raise Prices in Sydney

    In an article for the website Your Investment Property, Phil McCarroll writes that the cumulative effect of various factors at work could see prices rising steadily in Sydney. The scarcity of residence-ready land and the hike in construction costs could enhance home prices a great deal. Builders have evidently increased their margins and this has…

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