news and media archives
By Buyers Domain Principal Buyer’s Agent, Nick Viner Last year’s Federal Budget introduced amendments that now limit the amount of depreciation investors can claim for existing residential property. Commercial property, on the other hand, remains unaffected by these changes. In addition, there are many other benefits of buying a
Welcome to 2018 – an exciting year lies ahead with the slowing market presenting many opportunities for both owner-occupiers and investors alike. Buyers Domain has hit the year running inspecting quite a few properties last Saturday across the Inner West, Eastern Suburbs and North Shore. Most of these open houses were
Since our July market spotlight, Sydney property prices have continued to stall and the market has flattened out. Many are tipping even better buying conditions in 2018. Yet some experts say you could be very disappointed if you leave your purchase decision until next year. I’m inclined to agree.
With Sydney property prices now more expensive than ever, how realistic is the possibility of bagging a bargain? Last week the Sydney Morning Herald reported that as of the end of June 2016, 613 postcodes across Australia held a median house price of $1 million or more. NSW accounted for
There is no doubt the Sydney property market has become fiercely competitive with auction clearance rates hitting above 80% over the past 4 weeks. Although conditions have never been better for sellers, property stock levels are low. Realestate.com.au has suggested that property listings are 10% lower than at the same
The Sydney property market is ultra competitive. But who are you likely to be competing against? Downsizers Challenges: Looking to buy a smaller property with easy access closer to the City. Strengths: Cashed up from the sale of their large family home, they are likely to be in a stronger
With exactly 6 weeks to go until Christmas, you may be interested to know what the Sydney property market has in store for 2015. Predictions for 2015 Sydney property prices are approximately 25% higher than they were just 2 years ago. Whilst a slow-down in this remarkable growth rate is
With the recent price growth across Sydney, buying a property has never been more expensive. For a number of years, some analysts have been predicting the bursting of Australia’s housing bubble. However, Shane Oliver, Chief Economist at AMP has explained, “Usually in a bubble you get a combination of easy
With Sydney auction clearance rates again hitting just below 80% over the past 3 weeks, the property market continues to defy the doom and gloom bubble theorists. What are the factors behind the current price growth and is it sustainable? 1. Record Low Interest Rates: The RBA has kept the
Having lived in London, Bristol and Paris and done my fair share of travelling across the globe, I have proudly called Sydney home since 2004. I cannot think of a better place to live. Sydney’s stunning array of world class beaches, pristine waterways and iconic harbour backdrop all provide the
