New South Wales
Read the latest New South Wales property market news, feature articles, commentary and analysis here.
auctionsStrong auction clearance rates persist in Sydney and Melbourne
The property market has enjoyed yet another week of solid sales, with auction clearance rates and property listings remaining high in both Sydney and Melbourne.
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self managed super fundsFunds could flow out of super and into property following government changes: super bosses
Total estimated superannuation assets increased to $1.51 trillion in the December 2012 quarter, a 14.6% increase over the 12 months to December 2012.
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industry newsDomain property portal stands alone after Fairfax reshuffle
The Fairfax property division Domain featured prominently in the company's major restructure last week.
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residentialResidential listings rise 3.8% in March without overall pre-Easter volume uplift: SQM
Sydney recorded the largest rise in listings in March; rising by 7.6% or 1,966 properties, but listings are down by 15.7% or 5,170 properties year-on-year.
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new south walesChinese group buys Christopher Cheung's York Street office building in Sydney
A Chinese group spent $19.8 million last week on a York Street office building being sold by pub king Christopher Cheung.
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residentialConstruction sentiment improving but not yet activity: Master Builders survey
The overall index rose above the neutral 50 mark over the March quarter, indicating that builders believe their own business activity will improve over the next six months.
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economyIndustry suggestions that the cash rate should be lower are self-serving: Robert Simeon
At the beginning of 2013, some were predicting that the cash rate would drop to around 2% – I remained in the school of thought that it won’t go below 3%.
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mortgagesANZ says rate cuts starting to have a positive impact: a guide to lowest standard and variable mortgage rates
ANZ says the next possible window for a rate cut is in June/July after the federal budget.
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weekend auction wrapAPM's Sydney's 358 auction results show a 68.9% clearance rate
Australian Property Monitors (APM) has released a list of results from 358 auctions in Sydney for the weekend of April 6.
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australian capital territoryDon't be made complacent by good recent economic data
Whilst increased confidence and rising medians along with ‘on the face of it’ good economic data can calm worries of an imminent crash, we are in no way immune.
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