On Tuesday the 3rd of March the Reserve Bank Of Australia cut official interest rates by 25 basis points to a new record low of 0.5 per cent because of an expected delay in full employment and the inflation target … Continue reading →

As the number of auctions across the country increased last weekend the property market continued to perform strongly with impressive clearance rates for Sydney and Melbourne. Sydney’s preliminary clearance rate was 81.4 per cent, the highest recorded clearance rate across … Continue reading →

With more than 30 per cent of the NSW population now renting, the NSW Fair Trading confirmed in a recent post to its website changes to the NSW tenancy laws that start on 23 March 2020, which are designed to … Continue reading →

By the end of 2020, it’s expected Sydney house prices will rise by 10 per cent to a new median of about $1.25 million, while apartments will rise 8 per cent to a new median of $790,000, according to the … Continue reading →

The Reserve Bank’s rate cuts combined with the election results and changes to bank lending saw around one in five suburbs return positive price gains over the year to December, according to the latest Domain House Price Report. The Sydney … Continue reading →

The NSW Upper House will resume debate on the Design and Building Practitioners Bill in late February 2020; that the Government says, if passed, will mean dodgy developments will be a thing of the past. The proposed Bill seeks to … Continue reading →

The recent recovery of the housing market has helped to lift industry confidence in the NSW property market, according to the latest ANZ/Property Council Survey which measures expectations about property industry conditions over the next twelve months. The Property Industry … Continue reading →

As you would expect, suburbs along the new $7.3 billion metro line are receiving substantially more online searches since the project opened in May, up by 37 per cent in recent months. Across the 13 stations linking Chatswood to Rouse … Continue reading →

The buying is still great for property investors and first home buyers, right now, since the price correction saw Sydney prices drop 15 after peaking in mid-June 2017 and the prices in Melbourne dropped 10%. However, the great buying window … Continue reading →

The NSW government’s role as the financial managers of the state’s economy is to ensure a growing economy that provides an improved standard of living for the people of NSW in the coming decades. NSW’s Chief Economist Stephen Walters prepared the NSW … Continue reading →