WORK has started on a new residential development on the outskirts of Cannonvale, which includes plans for an 18-hole golf course and country club as well as retail and commercial precincts. The project will be developed over the next 10-15 years but it is expected that the civil works for the first 50 lots will …
Property investors can claim thousands of extra dollars on a property by maximising depreciation deductions. According to the Managing Director of BMT Tax Depreciation, Bradley Beer, research suggests 80% of property owners are missing out on thousands of dollars in property depreciation deductions which can mean the difference between turning a negative cash flow investment …
In a recent Ray White Projects survey, we were surprised to find that just 11% of Australian adults have an investment property and only 3% own two or more properties. So what of the other 86%; why are we not investing? We all understand that interest rates and unemployment figures are at some of their …
What a fascinating month it has been. Across the country we are seeing renewed signs on continuing growth in off the plan purchases. In Sydney in particular we are seeing a strong resurgence of apartment sales. This is driving developer confidence to purchase and build new sites. A great reflection of this was the recent …
The Sydney residential market is currently in a period of heightened activity which has not been seen in Sydney for many years. Projects are receiving renewed levels of interest with products priced in the $450,000 to $600,000 range selling very quickly. It is believed that a mixture of pent up demand from owner occupiers and …
Spring has definitely come early for 2013. We have just experienced the warmest winter in 150 years; flowers are blooming early and against the run of the normal predictable tell tale signs the residential property market is off and running. On a year on year comparison the level of activity in residential sales has increased …
What a fascinating period of activity in the Australian Property market. Just two months ago we were discussing the signs of green shoots and improving sentiment in the property market. As of today the press is now focused on whether or not we are in the middle of a property bubble. This talk of a …
Travelling throughout Australia, Indonesia and Auckland this month, it’s hard not to be a true believer in the real estate cycle. Sydney continues to be a healthy and stable market, with fantastic new projects such as Botanic (featured herein) being received very well by a deep buyer market. Auckland is enjoying its first new projects …
It’s been an incredibly busy month for the projects group this month with two new project specialist businesses joining the team, Melbourne, VIC and Whitsundays, QLD. We are currently exclusively marketing 60 projects across Australia, New Zealand and Indonesia and more than 1,800 properties, this is set to grow. We are delighted to be able …
Welcome to the September edition of Projects Monthly. This month we are very pleased to showcase “The Forum”, Bondi Junction-NSW and “Sugar Tree” in Auckland, N.Z. The Forum is located in a trendy commuter hub, just a short distance from both the city and the world-famous Bondi Beach, making this a solid investment for owner-occupiers …
