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Property News

15 October 2002
Sydney Rents and Vacancy Rates
Historically low interest rates, the First Home Buyers Grant and NSW government stamp duty concessions, have caused tenants to move into their own residence and out of rental accommodation, thereby ...

15 October 2002
June Quarter 2002 - Residential Snapshot
MOST EXPENSIVE The highest median price for a house was $1,505,000, recorded in Mosman. Woollahra was next, with a median price of $1,250,000, followed by North Sydney at $918,000. Waverley and ...

15 October 2002
June Quarter 2002 - Residential Auction Activity
CLEARANCE RATES Auction clearance rates remain historically very high. During the June quarter 2002, of the 4,610 residential properties offered for sale by auction, 3,650 were successfully sold. ...

03 September 2002
INSURANCE ISSUES
Insurance issues are of paramount importance when buying a home. BUILDING INSURANCE Building insurance is the bare minimum that you will get away with before your lender approves a loan for a ...

03 September 2002
RECORD PROPERTY SALES IN JUNE
Figures released by the Real Estate Institute of NSW (REINSW) show the June Quarter 2002 had the highest number of properties sales in NSW on record. The number of sales during the quarter increased ...

31 July 2002
Strong Demand Equals House Price Rises
The latest Property Market Outlook released by Macquarie Bank this week forecast continued strong demand for residential property over the next 12 months, which in turn would contribute to further ...

31 July 2002
Sydney House Sales
Sydneysiders bought and sold and moved house like never before in the past year. 50,000 houses have changed hands in the past year , which is almost one in every 20 of Sydney’s 1.13 million houses and ...

31 July 2002
Tax Tips For Property Investors
As a property investor, you are entitled to claim tax deductions on various costs associated with your investment property. Described below are some of the deductions you should be aware of: ...

28 June 2002
Hot Tips For First Time Property Investors
The following ten tips are a good place to start if you are considering residential property investment: Rely on the numbers and leave emotion out of the purchase. Remember you won’t be living in the ...

28 June 2002
Residential Sales Activity
For the March Quarter 2002, the total volume of turnover for NSW was 0.8% lower than a year ago. Residential property sales (houses, units & land) fell during the March Quarter in both Sydney and NSW ...

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