Posts Tagged ‘Sydney’

Sydney’s next boom pocket

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

Which locations will boom after Sydney

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

Demand still strong for Sydney inner-city property

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 leads charge in value growth

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

Weaker Sydney auction market sliding again

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