The Sydney residential market has once again made headlines, this time in regards to the falling auction clearance rates. In response to the reduction in rates, we’ve seen many news articles speculating the possibility of a bursting property bubble and a moderate growth outlook for 2016. The auction clearance rate is a number that describes […]
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Auction rates & clearance rates throughout 2015
Posted date: January 11th 2016 . Author AdminSydney .
Looking Behind the Headline Figure
Posted date: July 10th 2015 . Author AdminSydney .
Whilst there are a number of houses in Sydney selling for over $1million, and is considered one of the most expensive market to purchase a house in Australia, the headlined median price of $930,000 does not necessarily apply to the overall Sydney market. The headline median price reflected the average price of houses that was […]
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Image source: NSW Government
Good news for developers and builders as the NSW Government announces new approval pathways for residential properties
Posted date: October 7th 2014 . Author Gregory Preston .
The NSW Government announced a considerable reduction in the minimum size for housing lots in Sydney’s outer growth suburbs, effective immediately. The standard minimum lot size of 250 square metres will still apply, and where close to transport and town centres lot sizes may be further reduced to 125 square metres (SMH). The Sydney Morning […]
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Early release of superannuation may be within reach for those experiencing financial hardship from a residential mortgage or needing property modifications
Posted date: August 18th 2014 . Author Gregory Preston .
The Australian Government has policies in place to cater for people who encounter financial hardship and require assistance paying a mortgage or modifying a property. Those experiencing these circumstances may be eligible for the early release of super to assist with the financial hardship Mortgage assistance can help prevent a home being sold by the […]
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The Preston Rowe Paterson Sydney residential mortgage team welcomes a new addition
Posted date: August 18th 2014 . Author Gregory Preston .
We are excited to have recently appointed Erika Griffin as the head of our residential valuation division. Erika not only manages the residential team but also conducts valuations for luxury residences around Sydney. An asset to the Preston Rowe Paterson team, Erika currently leads 7 residential valuers. Preston Rowe Paterson has been conducting residential valuations […]
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