Posts Tagged ‘Sydney’

The First Home Owner Grant Scheme was first developed in July 2000, with the intention to offset the impact of the introduction of the GST and therefore assist first home owners to secure and purchase a new or existing home. With the recent census data coming to light, … Read More

Gentrification is the process of improving an area to conform or be in line with middle-class taste. Traditionally occurring in low socioeconomic neighbourhoods, gentrification changes the face and landscape of suburbs from tired, worn and uninspiring to the modern market’s needs and wants.

Beneficial … Read More

Sydney and Melbourne’s respective property booms may be slowing, but investors who understood the capital city markets correctly could be about to trigger a new round of price growth in some surprise locations.

Price growth is set to continue having flow-on effects for the rest of the Australian property market, according … Read More

As Sydney’s property market reels from yet another year-low auction clearance rate, sellers in the city and eastern suburbs clearly have less to worry about.

The higher-density region scored a healthy 75.3 per cent clearance rate at the end of October, topping the rest of the market on Sydney’s biggest spring … Read More

Sydney has again led the charge in growth in Australian home values, recording a growth rate of 1.1% for the month of August. The city was well above the national average rise in dwelling values of 0.3%.

Just two other cities – Adelaide (0.7%) and Darwin (0.3%) – recorded growth in home … Read More

Sydney’s fading late winter auction market is sliding as the market continues to be flooded by unprecedented numbers of homes for sale.

Sydney reported a clearance rate of 76.4 percent two Saturdays ago – down from the 79.7 percent recorded the previous weekend and now well below the 83.4 percent recorded over the same … Read More

With Sydney auction clearance rates again hitting just below 80% over the past 3 weeks, the property market continues to defy the doom and gloom bubble theorists.

What are the factors behind the current price growth and is it sustainable?

Buyers Domain look at the facts.

Record Low Interest Rates: The RBA … Read More