Regional lifestyle property markets rising.

wollongong-mmj-property

Equity-rich Sydney and Melbourne homeowners may help boost Australia’s coastal lifestyle markets. CoreLogic research analyst Cameron Kusher says some areas are starting to show growth although regional housing markets are a mixed bag. “Newcastle, Wollongong, the Richmond-Tweed region in northern NSW, the Gold Coast, the Sunshine Coast and Cairns are probably the most notable regional […]

NSW Rental Laws Under Review

Information for tenants and owners of rental properties.

If you own or live in one of the 800,000 rental properties on the books in New South Wales, you will be interested in the NSW Governments review of the laws surrounding these homes, specifically the Residential Tenancies Act (2010). History tells us that the legislation is usually reviewed every 5 years meaning any edits […]

Confused About the New Underquoting Laws?

Confused about the new underquoting laws?

2016 has seen some significant changes made to the way in which real estate in NSW is bought and sold for both residential and commercial property. The aim of the new underquotting legislation changes is to stop corrupt agencies from benefiting financially. Effects on Sellers? If you are wanting to sell your property, then your […]

Is Wollongong emerging as the next commercial real estate investing hot spot?

Wollongong Property Market - MMJ Real Estate

Wollongong could be the prime location for anybody looking to break into the world of commercial real estate investing according to one property services firm. Increased demand for office space in the central business districts of Sydney and Melbourne has resulted in declining vacancy rates and increased rents in those cities, and as a result […]

MMJ Wollongong September Auction

MMJ Auction

The Ilawarra’s property market showed no signs of slowing down last night with 7 properties up for Auction last night at the MMJ Wollongong event. The event was held at Wollongong Golf Club and saw residential land, commercial buildings, a sea-side house and CBD apartments go under the hammer. Auctioneer Daniel Hastings said that there […]

Wollongong’s Commercial Market Attracts Outside Investors

High interest: This Market Street, Wollongong, building has attracted potential buyers from Sydney, Canberra, Western Australia and Queensland.

From the Illawarra Mercury, 20/02/2015 – The trend of investors outside the region showing strong interest in Wollongong’s commercial market continues with the impending sale of a well-known building in Market Street. MMJ Real Estate Wollongong’s Travis Machan said the sale of a six-level commercial office building at 83-85 Market Street had attracted the attention […]

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 […]

New Retail Hub adds to the lure of Wollongong CBD Property Investment.

Wollongong Central Opening

  The GPT Group’s $200 million venture is at the forefront of a wave of property investment into the Wollongong City Centre. Coupled with large scale public expenditure, the CBD is experiencing a spike in local investment and entrepreneurialism, spanning everything from small bars to large-scale innovation in construction. Its only been two weeks since the new Wollongong […]