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Game changers: Liverpool

July 24, 2018

Commercial Development Future Government Growth Industrial Infrastructure Investment Liverpool Market Trend Population Proposal Smart Cities Sydney Transport Western Sydney University

FROM its buzzing city centre to its rural fringes, Australia’s fourth oldest township is undergoing an unprecedented transformation. Major projects are announced on an almost weekly basis, with big business and investors recognising Liverpool’s potential as a vibrant place to work, live and play. The announcement that Liverpool will be home to Sydney’s second airport […]

NSW government reveals plans for new school, 3600 new homes in Rhodes East precinct

September 20, 2017

Apartment Development Employment Future Government Growth Housing Affordability Industrial Infrastructure Inner West Investment Population Proposal Residential Sydney

Up to 3600 homes will be built in the already jam-packed inner-west suburb of Rhodes under new plans unveiled by the state government. A 20-year plan to further transform the heavily-developed suburb was announced by Planning and Housing Minister Anthony Roberts on Friday. A mix of apartment towers – up to 38 storeys high – and terrace houses have been proposed as […]

Why derelict buildings worth millions are being left behind in a region desperate for places to live

March 15, 2017

Apartment Commercial Development Government Growth Heritage Housing Affordability Industrial Inner West Population

As the Inner West development boom marches forward, some parts of the region are inevitably getting left behind. From Newtown to Homebush, dozens of buildings have fallen into disuse and disrepair — the sight of which can be both haunting and intriguing. Some of the buildings, vandalised with graffiti and broken windows, have been rotting […]

Valuer General says hike in inner west land values due to unit development

January 16, 2017

Apartment Commercial Development Industrial Inner West Market Trend Parramatta Road Residential Sydney

Land values in some parts of Sydney’s inner west have skyrocketed with a street in Burwood recording the largest increase in NSW. New data issued by NSW Valuer General Simon Gilkes revealed residential land values in the Sydney Central region had increased by 13.9 per cent. The total value of all land in this region […]

New Sydney Fish Market will scale fresh heights

November 7, 2016

Development Fish Market Government Growth Industrial Retail Sydney Waterfront White Bay

A WORLD-class $250 million Sydney Fish Market will be built on the water at Blackwattle Bay, with the current eyesore demolished to make way for apartments to pay for the plan. The Baird government’s move to revitalise the tired old markets and build the new tourist site is aimed at doubling visitors to one of […]

NSW government seeks submissions for Sydney Fish Market site

September 5, 2016

Commercial Development Fish Market Government Industrial Investment Office Retail Sydney White Bay

The NSW government has sought pitches from commercial property agents for the sale of the Sydney Fish Market site. UrbanGrowth NSW is believed to have requested submissions from agents as it seeks to unlock more development at the $20 billion Bays Precinct in Sydney’s inner west. The redevelopment of the fish market site — to […]

Why you should consider investing in commercial property

August 16, 2016

Commercial Industrial Investment Office Property Management Rental Residential Retail

Commercial property can be a great investment, especially for investors who are seeking cash flow. An investor who owns residential property would consider themselves lucky if they could get a rental return of 4% pa on a house and 5% pa on a unit/flat/townhouse. However, commercial property can provide for much higher rental returns. It’s […]

Time to look at other property options rather than residential

August 10, 2016

Capital Gains Tax Commercial Industrial Residential Retirement SMSF Sydney

With price growth for the housing and apartment market expected to slow and possible price falls in some cities, some investors are opting for non-residential property. Forensic psychiatrist Michael Giuffrida prefers industrial and commercial property. The 69-year-old, who lives on Sydney’s North Shore, runs a self-managed super fund with his wife, which holds non-residential property. “I’ve been involved […]

Foreign buyers are still piling into Australian property

August 8, 2016

Adelaide Brisbane Canberra Darwin Global Hobart Industrial Investment Melbourne Office Perth Residential Retail Sydney

Demand for Australian residential property from foreign investors remains as strong as ever, despite a recent recent lift in the Australian dollar and buoyant price growth in Australia’s two largest cities. This is no better demonstrated than in the chart below. It comes from the latest quarterly ANZ-Property Council Survey, and reveals the proportion of […]

NSW infrastructure to drive property market after record year

August 2, 2016

Brexit Commercial Industrial Investment Office Overseas Retail Sydney WestConnex

New South Wales’ plans for $73 billion in infrastructure spending is set to galvanize commercial property investment in that state in coming years. Infrastructure development, along with the strength of overseas capital, will drive the next rounds of property investments, according to a report. Investment in the three key sectors – office, retail and industrial –  hit $31.18 billion in the 2015-16 year, […]