Sydney is missing out on new high-quality apartments as developers increasingly head north to Newcastle to take advantage of strong population growth, huge infrastructure investment and more affordable living. The city, 160 kilometres away from Sydney, is experiencing a boom in high-quality apartment construction, with supply predicted to continue well into the future. “Newcastle is a smaller city and it’s probably a different level of financial commitment while the councils in Sydney are different,” said …
Curated from Property Observer as published 8th April The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1% during the first three months of the year. “This seasonally strong first quarter has delivered the highest increase in weekly rents since the corresponding first quarter a year ago,” says Cameron Kusher, Research Analyst for CoreLogic. “Our regional housing markets are performing marginally …
