Real Estate News, Tips & Tools. Your Partners in Property Sales, Leasing, Management and Strata. NSW, WA and ACT.
More than a billion dollars worth of buildings and 2500 new people could radically transform Wollongong. And it could happen sooner than you think. Over the past year, the CBD has become construction central, with vast blocks levelled and noisy jackhammers dominating the city’s streets. Just last week, a two-tower, $38-million complex for the long-dormant Oxford […]
The ACT’s Land Development Agency has today sold at auction a further two large development sites, known as Southquay at Greenway. Block 1 Section 73 8,219sqm for 72 – 95 dwellings SOLD – $4,500,000 Block 4 Section 57 9,729sqm for 165 – 211 dwellings with a minimum GFA of 1,100sqm commercial space SOLD – […]
The ACT’s Land Development Agency has recorded a further two large development site sales last week. Block 1 Section 65, Kingston 4,859sqm mixed use/multi unit site SOLD – $10,100,000 Block 21 Section 30, Dickson 7,866sqm commercial/multi unit site SOLD – $8,450,000 Further information on all LDA developments is available at http://www.lda.act.gov.au/en/view-all-developments
Congratulations to MMJ Canberra Principal Nick George who won the B Grade division of the BMW Golf Cup International qualifying tournament played at Royal Canberra Golf Club last week. The tournament is run annually for BMW owners across Australia and internationally. Run on a stableford basis, last week’s competition was very close, with Nick winning […]
Yesterday the ACT Chief Minister, Katy Gallagher, announced a package of initiatives aimed at providing confidence and economic stimulus for the ACT property and construction sectors. The four elements to the package are: releasing at least four civil contracts for estate works in Moncrieff; changes to lease variation charges (LVC); a reduction in extension of […]
The New South Wales Government is now carrying out its review of the Retail Leases Act 1994, after inviting interested parties to read the online discussion paper and provide a response to a survey comprising 27 questions. Earlier this month, NSW Minister for Small Business Katrina Hodgkinson called on anyone with an interest in retail leasing […]
It was not surprising today when the RBA decided to keep the cash rate on HOLD at 2.50% at their monthly meeting. Today’s interest rate decision will give more confidence to the already active residential market place. The RBA’s last rate action was in August when it lowered the cash rate by 25 basis points to 2.5%. Since […]
Canberra has snared the title of Australia’s most liveable city, nudging out Adelaide for the top spot for the first time in four years. A poll commissioned by the Property Council of Australia asked 5,400 people in 10 Australian metropolises to rate their own city on the issues that matter to them. Canberra came out […]