Residential Real Estate surges as China buyers return – Alan Weiss
Defying Expectations: The Resurgence of Australia’s Residential Real Estate Market The residential real estate market is soaring high once again, defying earlier predictions of a significant downturn. With banks easing lending restrictions and China-based buyers coming back, property prices are on the rise. In Sydney, residential prices have surged by 4.8% since February, and across […]
Sydney’s eastern suburbs are about to undergo some jaw-dropping transformations!
The eastern suburbs are no stranger to constant changes, and boy, are we in for a treat! Brace yourselves for an infrastructure extravaganza over the next few years, featuring exciting ventures from retail to accommodation and office spaces.
The 5 most expensive houses sold in Australia in the first half of 2023
One of the most expensive Australian house sales of all time took place in Point Piper in the midst of a cost-of-living crisis and continuous interest rate hikes.
What are the challenges facing commercial property landlords?
The retail and office sectors were most adversely affected by Covid lockdowns, with landlords providing rent waivers and reductions to tenants to help them navigate lockdown periods. Unfortunately, not all retail businesses survived, which increased vacancy rates.
The eastern suburbs property prices in the first half of 2023
The Eastern Suburbs property market has been very different this year than last. Last year was all about declining demand and price falls. This year is all about recovery.
There is much speculation about the sustainability of the current market
Today, I had coffee with some property owners in the eastern suburbs. The topic of conversation was the real estate market, the rising cost of living, and the impact of interest rates.
Major events and the Sydney property market
A number of factors influence how an economy and property market responds, from natural disasters to financial misconduct to political turmoil. When an event is large enough, tremendous implications can be felt across the globe. Each century has faced unique economic challenges. The first two decades of the 21st century have not been different. Australia […]
A rebound in the Sydney property market
Sydney’s property values have increased 4.5% in the past three months since the 2022 downturn, with some suburbs beating last year’s prices and one setting another record.