Real Estate News, Tips & Tools. Your Partners in Property Sales, Leasing, Management and Strata. NSW, WA and ACT.
At the MMJ Canberra auction yesterday five residential and commercial development sites at Canberra’s Amaroo Group Centre attracted strong bidding with four of the sites being sold under the hammer. Over 40 registered bidders competed for the mixed-use/multi-unit, townhouse, terrace and childcare sites, reflecting the recent increase in demand for land of this nature. MMJ […]
Over 800 business people gathered together to help raise much needed funds for sick, disabled and disadvantaged children of the Illawarra. The WIN Entertainment Centre was transformed into a glamorous extravaganza on November 22,for the 10th Annual KidzWish Charity Ball. MMJ Wollongong again continued its support for this wonderful event by not only purchasing a […]
Tim Heaton, Director of Valuations at MMJ Real Estate Canberra is now an accredited NABERS assessor for offices, adding more value to the already diverse umbrella of services within the MMJ group. What is NABERS? NABERS is a national rating system that measures the environmental performance of Australian buildings and tenancies. Put simply, NABERS measures […]
Next Wednesday (27th November) MMJ Canberra will put to auction 4 premium residential and mixed use development opportunities plus a childcare development site on behalf of the ACT Land Development Agency (LDA). These opportunities are located in the Amaroo Group Centre, situated in Gungahlin, Canberra’s fastest growing region with a current population close to 50,000. It […]
A buyer from Sydney with a ‘‘vested interest in theatre’’ is the new owner of Anita’s Theatre in Thirroul. The property sold on Thursday for $1.4million – $350,000 more than its last sale price in 2011. It was sold by Travis Machan at MMJ Wollongong, who said the new owners planned to continue running the […]
1. Knowledge is Power – Do your research. Understanding the market and researching the property is a must before bidding at any auction. Important things to research. Recent comparable sale prices Current listings and their asking prices Potential rental income if using as an investment Subject property history & building reports. 2. Get Auction Savvy. […]
Public and private investment for Fremantle is edging towards $1 billion – thanks to what the city believes are sensible town planning amendments. This has pleased the Property Council of Australia, which says the revised scheme allows for greater density in key locations in the CBD and with developments currently in the pipeline. These include […]
The growth in Australian average wages has slowed, in some sectors to the lowest rate since 2000, as the mining boom tapers off and the new government puts the squeeze on public servants. According to the RBA’s Statement on Monetary Policy released yesterday, wages in the June quarter rose 0.7%, bringing yearly wage growth to […]
MMJ offices across the Illawarra made a pledge at the start of October to donate $100 from every exchanged sale during the month to the National Breast Cancer Foundation in an effort to contribute to the development of a cure within our lifetime. As a result of this pledge and 26 exchanged sales during October, […]
The Reserve Bank of Australia (RBA) has decided to keep the cash rate at 2.5 per cent for November. RP Data national research director Tim Lawless said the decision to hold the cash rate steady came as no surprise. “From a housing market perspective, the current rate setting is clearly having the intended effect of […]