New South Wales


Read the latest New South Wales property market news, feature articles, commentary and analysis here.

reits

Restructured Folkestone prepares for first Karratha residential settlements

Folkestone is building residential accommodation for business travellers to Karratha in the resource-rich Pilbara region of WA.

retail

Why global retailers are setting up shop in Australia

Australia's location, opposing seasons to North America and Europe and smaller critical mass are some of the factors bringing global retailers to our shores.

office

Chart of the week: Who is leasing office space in the Sydney CBD?

The property & business services sector leased 42% of Sydney CBD office stock in 2012 according to Savills.

mortgages

Commonwealth Bank, NAB and ANZ match Westpac with 4.99% fixed rate package offerings

The lowest two-year fixed rate is 4.79% offered by online lender iMortgage under its fixed pro pack home loan.

retail

Federation Centres emerges from Centro with stronger balance sheet and back in the black

Federation Centres also reported a healthy balance sheet with its gearing down to 29.9% after entering into a number of joint-ownership agreements.

residential

Rental market tightens in January to national vacancy rate of 1.9% mainly due to seasonality: SQM

The national vacancy rate tightened by 0.4 percentage points from 2.3% to 1.9% over January with just over 54,000 properties available for rent across the eight capital city markets compared with 63,000 in December.

rba rate decision

Housing market has firmed following rate cuts: RBA February minutes

The RBA noted signs that the housing market had firmed, partly due to the series of interest rate reductions over 2012, according to the February minutes.

retail

Zara, Topshop and Uniqlo lead retail property push into Australia

International retailers are looking to around 300 shops in Melbourne, Sydney and Perth, according to figures compiled by Colliers International in a new White Paper.

new south wales

Artist David Bromley finds Byron Bay buyer

The artist David Bromley and his partner, Yuge Yu, having adjusted price expectations on their current Byron Bay abode, have found a buyer.

self managed super funds

ASIC may expand powers to cover SMSF property investment

The corporate watchdog currently has no responsibility for the oversight of direct property investments, a sector that is entirely unregulated.

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        Despite boom and bust cycle, real estate industry maintains myth that prices always rise: Catherine Cashmore Catherine Cashmore
        The recovery we’re currently seeing is largely led by the investment sector – with an equal perception that values will maintain their upward trajectory.
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