Australian real estate news
After two months of uncertainty, the state government told them yesterday that their strip of historic houses would not be bought and demolished as part of the Western Express rail project.
Newtown castles saved from state land grab
Bankwest has foreclosed on two hotels owned by the prominent Sydney hotelier Victor Seeto after he defaulted on mortgages worth more than $20 million.
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The report shows the region’s rental market is desperately in need of the additional accommodation, with the median rent for an Illawarra house reaching $360, up 5.9 per cent over the 12 months to March
www.illawarramercury.com.au
George Michael has reportedly purchased a AUS$5.3 million Sydney mansion, in one of Sydney’s prestigious waterfront eastern suburbs.
bigpondmusic.com
Information from NSW Housing shows Cowra could be short of smaller houses suitable for single person households, if steps aren’t taken to encourage a greater mix of housing.
cowraguardian.com.au
An 86-year-old war veteran and his wife remain cut off from the world while authorities continue to squabble over whom is responsible for providing access to their property.
In an effort to encourage NSW retirees to downsize and buy new homes, the NSW Government is offering extensive savings
brokernews.com.au
Stamping down stamp duty for newly constructed and off-the-plan purchases
Australia’s largest independently-owned mortgage broker, Mortgage Choice welcomes the New South Wales government’s $140 million property construction initiative as a solid step to addressing the state’s housing undersupply issue.
Almost four years have passed since the NSW Government unveiled four major priority areas in the Hunter for 18,000 new houses, but they have been caught up in bureaucratic red tape and not one home has been built.
theherald.com.au
