New South Wales
Read the latest New South Wales property market news, feature articles, commentary and analysis here.
demographicsFederal Budget's trial program encourages downsizing to smaller homes without affecting aged pensions
The 2013 Wayne Swan Federal Budget has a $112 million pilot to assist age pensioners to downsize their homes by providing a means test exemption of up to $200,000 for ten years.
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commercialCommercial mortgage commitments up 1.5% in March: ABS
The rise in March and February followed a 9% fall in January with commercial lending continuing to trend downwards.
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retailWestfield's Australian tenants score 5% discount on new leasing deals amid "subdued" retail conditions: March quarter update
The rent reductions were offered against a subdued retail backdrop with comparable specialty sales up just 0.3% for the quarter.
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new south walesAuctions continue to dwindle as cooler weather sets in: RP Data
Slightly fewer auctions are being held, with 1,398 auctions scheduled across the capital cities this week, according to RP Data.
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mortgagesMacarthur Credit Union beats RBA with 26 bps rate cut: RateCity guide of 39 lender rate cuts
The other lenders to pass on more than the RBA's May cash rate reduction to date are ANZ (27 basis points) and the Greater Building Society (30 basis points).
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first home buyersLack of first-home buyer recovery halting stronger housing market rebound: Matthew Hassan
First-home buyer numbers, as a proportion of the total dwellings financed, are at their lowest level since May 2004 – a nine-year-low.
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trendsA history of Australian property values in charts: Philip Soos
Presented here is another comprehensive chart pack illustrating the 'Great Australian Land Bubble'.
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developmentsGetting the creative content right in project marketing: Peter Chittenden
What is clear is the need for the creative message to change over time so that the message being sent to the market always has direct relevance.
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mortgagesIgnore the RBA rate cut and you will be better off in the long run: Canstar
Home loan comparison site Canstar has argued there are benefits of homeowners ignoring the latest RBA interest rate cut and sticking to their original mortgage repayment plan.
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mortgagesIt's really not back to the 1960s for borrowers despite a 2.75% cash rate
There were no foreign banks, no discount online mortgage offerings, nor the plethora of different mortgage products.
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