17 December 2018 | Daily Top Story: Selling Conditions Weaken as Inventories Rise and Buyer Activity Fades
As dwelling values and transactions decline and stock for sale mounts properties are taking longer to sell across most regions of the country. The median days on market figure is calculated by measuring how long it takes from when a property is initially listed for sale until when it goes under contract, excluding properties sold […]
Geicy Sharma and her husband Puneet Sharma in Blacktown, where they have bought an off-the-plan apartment which will be ready in 2020. Photo: James Alcock Derided and maligned, Blacktown has had its knockers, but these days it’s swapping white bread for naan bread. The second-largest local-government area in NSW has a long history of […]
One the Waterfront at Wentworth Point is perfect for families. A RESORT-style development with water views that’s centred around a 5000 sqm park with a playground is encouraging more inner city dwellers to make a move further west. Close to 300 apartments have been sold and the first residents have moved in to One […]
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31 MAY 2019 | Daily Top Story: How much more home buyers would be able to borrow under proposed lending changes
Home buyers will be able to borrow about 9 per cent more if bank regulators pull the trigger on proposed changes to the way loan applicants are assessed, projections show. The Australian Prudential Regulation Authority announced Tuesday it would review a current requirement that banks assess borrowers’ serviceability based on a minimum 7 per cent […]