Category Archives: NSW

Foreigners grab prime real estate in Sydney

No wonder they want it … the Sydney skyline SYDNEY’S famous Harbour vista is driving an unprecedented international land grab as overseas buyers snap up premium homes and office buildings across the city. A surge of money from Asia, along … Continue reading

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All at sea as couple loses $2 million on Bondi sale

The overly ambitious Bondi Beach apartment block consolidation by property developer Gary Baker and his wife, the Hermes boss Karin Upton Baker, lost its foundations at auction last night. The mortgagee sold one of the six prime Notts Avenue apartments … Continue reading

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George Michael buys Sydney pad for $6 millon

A luxury mansion at Sydney’s Whale Beach is reported to be George Michael’s latest home. Picture: realestate.com.au Source: Supplied BRITISH pop star George Michael splashed out AU$6 million on a home at Sydney’s swanky Whale Beach following an extended visit … Continue reading

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Byron Bay Agents hit back at 'no-go' survey

Byron Bay … still a take great place to live and invest despite it being included in a 2010 ‘no-go zone’ list. ‘He has got to be joking.’ That was the response from Byron Bay real estate agent Graham Dunn … Continue reading

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Plan B for Lend Lease's Barangaroo project

Lend Lease’s $6 billion Barangaroo development on the Sydney harbour foreshore Source: The Australian PROPERTY giant Lend Lease has buckled to public pressure and scrapped some of the most hotly contested plans for its $6 billion Barangaroo development on the Sydney … Continue reading

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Sydney's dismal report card for housing affordability, congestion and infrastructure

Sydney may have a beautiful harbour but lags behind Australia’s other capitals in terms of infrastructure, planning and housing affordability, a survey has shown. Picture: The Daily Telegraph Source: The Daily Telegraph Sydney infrastructure blasted – report City’s planning, housing … Continue reading

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NSW Residential Tenancies Bill passed

The New South Wales Residential Tenancies Bill 2010 has been passed in State Parliament. Fair Trading Minister Virginia Judge said the new laws will see: ∙ landlords regain certainty in seeking vacant possession of their premises; ∙ the eviction process … Continue reading

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Activity in Sydney's luxury apartment sector increases

The view from the $5 million penthouse at 118 Alfred St, North Sydney. ACTIVITY in Sydney’s luxury apartment sector appears to have increased in the first quarter of this year, but it remains to be seen whether the momentum will … Continue reading

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NSW Budget – The property perspective

The NSW Government delivered the 2010-11 Budget with several key wins for the property industry. The centerpiece of the Budget was a package of stamp duty cuts, particularly for new homes, that should help accelerate supply: Zero stamp duty on … Continue reading

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