Green avenues, slow streets and bustling promenades all feature in new designs that are set to transform Sydney’s Town Hall area, the south of the city centre and Chinatown precinct. The plans approved unanimously by City of Sydney Council prioritise walking, bike riding and public transport. They also give businesses more room to operate outdoors,
Author: Patricia Kho
Property prices double every 10 years, the old saying goes, but new research shows the cities where prices have risen even higher – and where they’ve fallen far short. Sydney house prices have more than doubled in the past decade, rising 146.4 per cent in the 10 years to October 2021, a Ray White analysis
One in every four homes across Australia is now worth $1 million or more, with property owners adding hundreds of thousands of dollars to their net wealth during the pandemic. The valuation of the nation’s housing stock provided to The Sydney Morning Herald and The Age by research house CoreLogic has revealed property owners in greater Sydney are now more
Buyers anxiously waiting for Australia’s supercharged house prices to reduce will be disappointed, property experts have warned.CEO of RiskWise Property Research Don Peleg advises that while there are signs the exponential growth of property prices will ease, it’s highly unlikely that prices will become cheaper than what they currently are.”We don’t expect the Reserve Bank to increase
How high can house prices rise? The median house in Sydney will now set you back almost $1.5 million, and for that budget, don’t expect to live very close to the CBD. In Melbourne, it’s nearly $1.04 million, and in Canberra, $1.07 million, the latest Domain House Price Report for the September quarter found. The capital city
House prices are expected to peak later this year as more sellers are encouraged to list their homes and buyers are priced out of the market, limiting house price growth, the NSW government’s economic outlook has revealed. The news came as the NSW government posted a stronger financial position in this year’s budget thanks to
Pyrmont Peninsula is varied and vibrant place: a cultural and entertainment destination; a centre for innovation and jobs for the future; and a place many people are proud to call home. There is a strong demand for further investment in the Pyrmont Peninsula which needs to be managed in a way which unlocks jobs, new
Well… Sydney property prices rose by 6.3% in the last quarter and Sydney’s auction market remains strong clearing well over 90% of auctions in many parts of the city. A recent report from ANZ Bank predicts Sydney house prices will rise to a strong 19% through 2021, before slowing to 6% in 2022, with most segments exhibiting strong
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