Development Developments 14

Section 19 Kingston

Bringing you the latest Canberra commercial property development news.   Works approval applications have been lodged with the NCA for two out of five development sites in Campbell which form part of the ACT Government’s Constitution Avenue upgrade. Known as Campbell 5, the sites were sold earlier this year for a total of $64,000,000. Development […]

Wollongong properties fetch $10m in one night

17 Smith Street Wollongong

A block of six flats at 17 Smith Street, Wollongong, has sold under the hammer for $2.23 million to mum and dad investors. The apartments, at the harbour end of Smith Street, were bought by a family keen to add to their investment portfolio in the Illawarra. Sales agent Travis Machan, of MMJ Real Estate […]

RBA Still Sees ‘Period Of Stability’ In Rates

Interest Rates

The RBA has left Australia’s target cash rate on hold at 2.5% as expected. There’s no change in the key paragraph in the statement, which says that “monetary policy is appropriately configured to foster sustainable growth in demand and inflation outcomes consistent with the target. On present indications, the most prudent course is likely to […]