NSW Real Estate News
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Rent roll values rise across the eastern states
The median value of a rent roll across Australia’s eastern seaboard has risen to $470,657, new data from a specialist rent roll broker shows.
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Sydney’s Annandale Abbey back on the market for $15 million
One of Australia’s finest heritage homes, Annandale Abbey, is back on the market for $15 million.
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Sydney’s top-performing suburbs over the past year
Despite property prices trending lower across Sydney, there are still a number of suburbs that continue to perform strongly according to new analysis.
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$8 million double apartment sale in The Horizon breaks records
A double apartment in Sydney’s The Horizon tower has sold for a record-setting $8 million.
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Tech occupiers drive rapid growth in city fringe office market
Commercial investor activity on Sydney’s city fringe is tipped to hit record levels before the end of the year.
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Overseas investors vying for Sydney’s Tech Central
Overseas investors are among the front runners vying for a slice of Sydney’s new big-ticket technology precincts.
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The Agency expands Sydney footprint into Rosebery
The Agency today announced the expansion of its Sydney footprint with respected Rosebery agent Chris Skarlatos joining the team.
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TRG names a new director for the Woollahra office
Another new face is walking the floors at The Rubinstein Group, with Eastern Suburbs specialist Mark Lowe named as director of the group’s Woollahra office.
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John Minns reinstated as NSW Property Services Commissioner
In a surprise move from the NSW Government, John Minns has been reinstated as Property Services Commissioner just weeks after it announced he would be replaced with an independent statutory Property Services Commissioner.
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Sydney properties top the international waterfront index
Luxury waterfront properties in Sydney command the highest premiums in the world, with the Harbour City taking out top spot in this year’s international waterfront index.
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Fairlight cottage tipped to go from $3000 to more than $3 million
A Circa 1910 cottage that cost just $3000 about 60 years ago is now on the market with a price guide of $3.7 million.
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NSW Government to appoint independent statutory property services commissioner
The NSW Government has announced it will appoint an independent statutory Property Services Commissioner from August 1 to drive reform, boost industry standards and support consumers.
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LJ Hooker South Coast offices ready to save a life
Ten LJ Hooker real estate offices on the NSW South Coast have been fitted with lifesaving medical equipment in a bid to reduce the number of Australians that die from the nation’s biggest killer each year - sudden cardiac arrest.
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Michael Pallier selected to sell Melissa Caddick’s Dover Heights home
Michael Pallier, of Sydney Sotheby’s International Realty has been appointed to sell conwoman Melissa Caddick’s Dover Heights property.
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Investor interest in unit blocks on the rise
Despite some weakness in property markets, unit blocks continue to see a strong level of competition from investors on the hunt for assets that can market conditions.
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Prices rose 40 per cent in NSW as growth slows
Home prices in New South Wales are finally starting to slow after a record run of growth that saw values surge 40 per cent between June 2020 and March 2022.
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High growth Century 21 office expands to second location
Century 21 is excited to announce award-winning business, Century 21 Signature Realty in Nowra, is opening a second office at Callala Beach in the NSW Shoalhaven region.
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NSW Budget helps certain sectors of the property market
The NSW Government’s stamp duty reform, shared equity scheme and housing infrastructure boost are all positive starts but don’t stretch far enough to make a meaningful, long-term impact on the property market, according to industry experts.
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The Sydney and Melbourne suburbs to defy the downturn
A number of suburbs across Sydney and Melbourne are expected to fare better than others as property price growth eases according to new research.
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NSW Government announces trial shared equity housing scheme ahead of Budget
Teachers, nurses, police, single parents and older singles will be able to tap into a $780.4 million shared equity scheme to buy a home under a new NSW Government trial.
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Stamp duty putting a huge financial burden on NSW homebuyers
Stamp duty is rising at a faster rate than wages and house prices in NSW, causing homeowners to stay in properties that aren’t suited to their needs.
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NSW Government pledges $20 million to increase women in construction
The NSW Government has announced an investment of $20 million over the next three years to help increase the number of women working in construction-related roles.
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NSW to phase out stamp duty and bring in land tax
NSW is set to move forward with plans to phase out stamp duty and introduce a land tax as a part of the upcoming pre-election budget. But real estate industry experts aren’t so sure the plan will benefit homebuyers. According to the Sydney Morning Herald, NSW Premier Dominic Perrottet will look to embark on significant reforms that will allow some…
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Gavin Rubinstein’s TRG to expand without Ray White branding but still part of the group
Just three years after opening the doors to its Woollahra office, Gavin Rubinstein’s TRG agency is set to expand to Rose Bay - but it won’t be doing it with Ray White Branding.
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Sydney vacancy rate hits 5-year low
The vacancy rate across Sydney has plummeted to a five-year low, putting the city on the verge of a rental crisis, according to the Real Estate Institute of New South Wales (REINSW).
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Renovated Love It or List It home for sale in Oyster Bay
An Oyster Bay home that starred in Season 3 of Love It or List It has hit the market for the first time since undergoing a major renovation on the show under the guidance of interior designer Neale Whitaker.
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Dubbo Council looking to undertake 3D house printing trial
The Dubbo Regional Council is moving forward with a proposed trial of 3D printed houses to potentially help ease the lack of supply of homes in the region.
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RE/MAX continues its push into Upper North Shore market
RE/MAX Lead has opened in Roseville this week under ownership of experienced business owners Tom Leng and Carrie Chen.
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People and property are the top priorities for new RE/MAX agent
Tracey Catley joins the sales team at RE/MAX Xtra in Paramatta with a track record of integrity, relationship-building and successful outcomes, and a diverse skillset honed across the pharmaceutical, retail and health and wellness sectors, prior to her move into real estate sales.
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TRG squad in training for worthy cause
Super fit Ray White TRG managing director Jarryd Rubinstein has top agents Patrick Cosgrove and Oliver Lavers on a gruelling training regime in preparation to tackle the deadly Kokoda Track to raise money for brain cancer.
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Steve Bellotti’s Mosman masterpiece relaunches with $36-$38 million price guide
Former banker Steve Bellotti has relaunched his Mosman mansion with an eye-watering $36-$38 million price guide which would set a new suburb record should it sell.
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Is TikTok moving into Circular Quay?
Popular video-sharing social media network, TikTok is in talks to take up a large portion of Sydney’s soon-to-be tallest office tower in Circular Quay.
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Century 21 expands network with Byron Bay opening
The award-winning Century 21 Plateau Lifestyle Real Estate team are expanding their business with the opening of a second office in Byron Bay. Launching this month as Century 21 Byron Lifestyle, the office is located in the heart of the thriving Byron township.
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