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 …
As initially published by Nila Sweeney, Reporter AFR, Feb 4, 2020 — 12.24 pm Prices for premium townhouses and low-rise apartments are set to climb by up to 10 per cent in 2020 as demand from affluent ‘right-sizing’ buyers outpaces supply, a Knight Frank analysis shows. The consultancy firm found that the share of medium-density dwellings due to complete by 2022 nationwide, has fallen by nearly half (47 per cent) compared to the previous three years. …
Originally published by Michael Parris for the Newcastle Herald Newcastle Airport has offered to pay for part of its planned upgrade in the hope of landing state government funding for the project. The airport announced in July that it had signed a three-year deal with Virgin to fly to Auckland three times a week over summer after a successful trial of the service in 2018-19. The Newcastle Herald reported in February that the airport, which is jointly owned by …
Published on August 5, 2019 Status is reachable Matthew George Property Sales, Project Marketing andManagement 47 articles Following Like many things in life, the idea of a perfect portfolio is highly personal. It depends on your goals, your personal and financial situation, and how much risk you can handle. This means that what works well for others may not be the right strategy for you. For example, some people may have made a fortune by buying …
Matt George curated and collated article as published by https://www.afr.com/by/ingrid-fuary-wagner-gk7hseProperty price growth in Sydney and Melbourne is in positive territory for the first time since the market peaked in 2017, as lower mortgage rates and improved buyer sentiment in combination with a dearth of new listings spurs a market recovery. Values grew slightly by 0.2 per cent in Melbourne and 0.1 per cent in Sydney over the month of June, in line with the trend of …
