Toggle Menu Header

Is Sydney beautiful city?

11Mo ago 0 Replies 114 Views
Search the world's information, including webpages, images, videos and more. Google has many special features to help you find exactly what you're looking




Share on:
Tags: Sydney

Top Contributors Last 30 days

1 InvestAus
2 John
3 Anuj

Related Posts

The percentage of rental housing advertised rose over the month of May in Sydney and Melbourne

The percentage of rental housing advertised rose over the month of May in Sydney and Melbourne, while declining across the rest of the capital city regions. 4.5% of the total rental stock across Sydney was advertised over May, up from 4.3% in April. The portion of stock advertised across Melbourne saw an even larger jump, from 3.2% of listings advertised in April, to 3.6% of properties over May. While 3.6% may sound small, it represents a total rent listing uplift of more than 3,000 across Melbourne, up to about 27,000 properties for rent over the month. This corresponds to a rise in vacancies, and falling rental prices, particularly in inner-city Sydney and Melbourne… One of the big drivers of demand for rental accommodation is overseas migration. Most people that come to Australia from overseas, whether they are a skilled migrant, a temporary visa visitor or a refugee, will rent when they first come to Australia. ABS data on migration suggests that Sydney and Melbourne received over 70,000 net overseas migrants over 2018-19, which is far higher than the other capital cities. This may be why an increasing amount of properties across the cities are sitting vacant. Sydney looks especially vulnerable given it has Australia’s highest concentration of investment properties. It is also most reliant on net overseas migration. Source: x CoreLogic: Rental stock "piling up in Sydney and M... CoreLogic’s head of research, Eliza Owen, has released research showing that rental stock is “piling up in Sydney and Melbourne” as immigration and international student numbers fall: The percen... www.macrobusiness.com.au
MD Emren
MD Emren
1D ago 6 Views

NSW: Success rate of Sydney auctions is on the rise as more COVID-19 restrictions get eased

More than 500 properties went under the hammer this week, with research group CoreLogic reporting a preliminary clearance rate of 68.5 per cent from 336 results declared so far. The clearance rate last week was 67 per cent and over the same week last year it was 60.9 per cent. Only about 40 per cent of auctions cleared during the height of lockdown in April. Properties counted as cleared at auction included 89 homes that sold prior to going under the hammer. There were 63 properties that passed in and 43 were withdrawn. More results will be collected in the coming days. Other Sydney sales included a North Epping home on 700sqm sold for $1.428 million just to be bulldozed. Get details at: x Success rate of Sydney auctions starting to creep ... Sydney’s auction market has been steadily strengthening and is in a stronger position than over this time last year, research shows. One sale saw a buyer pay $1.42m just to bulldoze a house down. www.realestate.com.au
InvestAus
InvestAus
2D ago 5 Views

Sydney: A good demand for ‘pet-friendly’ rental property

Demand for ‘pet-friendly’ rental property is on the rise in Sydney as more people opt to live with a dog or cat – with one tenant even found with a horse living in his apartment. The number of inquiries for animal-accommodating rental properties has been rapidly increasing 20 per cent every month during the past year. REA Chief economist Nerida Conisbee said the statistics show that those looking to lease a home or apartment ‘overwhelming’ want to be able to live with their four-legged family member. “If you want to widen your pool of potential renters then allowing pets makes sense,” she said. The top Sydney suburbs for pet friendly listings are Penrith, Wentworth Point, Surry Hills, Umina Beach, Lane Cove, Ryde, Zetland, Marrickville, Chatswood, Parramatta. Read details at: x Demand for pet-friendly rental property is on the ... Demand for ‘pet-friendly’ rental property is on the rise in Sydney as more people opt to live with a dog or cat – with one tenant even having a horse living in his apartment. www.realestate.com.au
John
John
4D ago 9 Views

NSW: Kellyville had the most house and unit sales of any Sydney suburb

Kellyville in Sydney’s northwest has become the city’s most popular suburb to buy a home, accounting for more house and unit sales than anywhere else. The large suburbs were among just five Sydney suburbs where there were more than 500 property sales. The others were Castle Hill and Baulkham Hills in the northwest and northern beaches enclave Dee Why. Mosman had the highest volumes of sales for a suburb east of the Sydney CBD at 482 transactions, followed by Randwick. Hurstville had the most sales in the St George region, while Cronulla was the most popular suburb in the Sutherland Shire for property purchasers. Kellyville’s popularity with property buyers may have much to do with the categories of housing commonly found there. Source: x Most popular suburbs to buy a home: northwest Sydn... Bondi and Mosman may be our dream locations, but one region dominated by large houses, many newly built, is where the most Sydneysiders are actually buying property. www.realestate.com.au
InvestAus
InvestAus
4D ago 79 Views

NSW: Sydney Property Market is positive with property buyers and sellers still transacting despite coronavirus restrictions

New South Wales Treasurer Dominic Perrottet says that the real estate industry has adapted well to COVID-19 having rolled out virtual inspections and online auctions. The federal government is easing restrictions allowing real estate agents to conduct in-person auctions and open inspections along with social distancing measures. Dwelling values in Sydney increased by 0.4% over April. For the past quarter, values are up 3.2% and up +4.4% YTD. Both are the highest of all capital cities in Australia, according to CoreLogic’s Home Value Index. Average price of a house in Sydney $1,026,418 Average price of a unit (apartment) in Sydney $777,940 Sydney had the second largest decrease in rent prices in April (-0.7%), following Hobart (-1.1%). Annual change in rents for Sydney is also down by -0.7% overall. The gross rental yield in Sydney is the lowest of all the capital cities at 2.9%. For regional NSW, the gross rental yield is 4.6%. Source: x Sydney Property Market • Are you thinking Austra... Sydney Property Market is positive with property buyers and sellers still transacting despite coronavirus restrictions. New South Wales Treasurer Dominic www.thinkingaustralia.com
John
John
5D ago 10 Views

One in three Sydney and Melbourne rentals have been discounted in recent months

Rents are being slashed across Australia’s capital cities as COVID-19 changes upend the market. One in three Sydney and Melbourne rentals have been discounted in recent months, according to Domain analysis. The change has been attributed to job losses, paused migration, increased housing stock and dwindling demand. For the first time in a long time, renters have a bit of power in Australia’s capital cities. So much so that landlords have had no choice but to shave asking prices on nearly one in three Sydney and Melbourne homes, according to the latest Domain data. The rapid shift to a tenants market has been fuelled by the pandemic and its many associated restrictions. The biggest factor has likely been the closing of Australia’s borders, which both kept tourists and international students from entering the country, and in some cases would have seen those already here return home. Source: x Almost a third of Sydney and Melbourne rents are b... For the first time in a long time, renters have a bit of power in Australia’s capital cities. So much so that landlords have had no choice but to shave asking prices on nearly one in three Sydney an... www.businessinsider.com.au
InvestAus
InvestAus
6D ago 107 Views
5 online
InvestAus
Phagryrut Piyanutsirigul
gurpreet anand
Neeraj Saksena
Kamaljit Arora