Heise Says
#Sydney #Property #RealEstate Sydney housing is predicted to rise this spring season. Will the lack of consumer confidence in apartments drive people to housing? References To buy or not to buy? Australian housing prices set to shift https://www.news.com.au/finance/economy/to-buy-or-not-to-buy-australian-housing-prices-set-to-shift/news-story/42e94e8076362fbe9f296ec6c9023094
#Stockland #Recession #Retail Stockland is halfway through a $1 billion dollar divestment or selloff of their non-core retail portfolio. Certainly an indication of where the smart money is moving and perhaps a sign of the medium-term retail future for Australia? References STOCKLAND FY19 RESULT – FOCUS ON SUSTAINABLE RETURNS http://clients3.weblink.com.au/pdf/SGP/02136031.pdf
#Canberra #CrackDown #Construction The ACT Government is proposing a new measure to crack down on builders. While some of the measures do sound good, it is much too late for all the buildings built during the last decade. References Canberra builders could face further crackdowns as ACT seeks ‘highest quality buildings in Australia’ https://www.abc.net.au/news/2019-09-04/canberra-builders-responsible-for-defects-could-face-fines/11475970?section=business
#Certification #Burwood #Apartments A Burwood development has been put on hold due to a court order. Let’s look at the potential conflicts of interest that the certifiers could be faced with due to common procurement methods. https://youtu.be/DZVZpgH6LM0 References https://www.caselaw.nsw.gov.au/decision/5d64c6f7e4b0c3247d71168a
#RealEstate #Property #Boom Property in Sydney and Melbourne has gone up. The return of the boom driven by declining confidence in apartments perhaps? https://youtu.be/lATEJtbUhns References House price surge in Sydney and Melbourne drags national index higherhttps://www.abc.net.au/news/2019-09-02/house-prices-surge-in-sydney-and-melbourne/11469744
#RealEstate #Property #Auctions Deric and uninhabitable properties are selling for millions of dollars in Sydney because people want to buy before the coming boom. I have to ask, what could drive a boom in the Australian economy? https://youtu.be/J7sQ3AoNvuc References Collapsing hovels selling for up to $2 million as Sydney auction market turns red hot againhttps://www.news.com.au/finance/real-estate/collapsing-hovels-selling-for-up-to-2-million-as-sydney-auction-market-turns-red-hot-again/news-story/9ebe7550824c356bc7b7186b65cf6317
#Investing #Property #AuctionClearanceRates Let’s look at the Auction Clearance Rates for the 1st of September 2019. Featuring a special fathers day guest at the end. References Auction Results & Recent Sales https://www.realestate.com.au/auction-results/?rsf=edm:salesresults
#InterestRates #RBA #NegativeInterestRates Are low interest rates here to stay or simply part of the journey towards negative interest rates? References Record low interest rates are here to stay, and may even sink lower, economists predict https://www.abc.net.au/news/2019-08-27/interest-rates-predicted-to-stay-low-economists/11450918?section=business
#MortgageStress #Retirement #RealEstate More Australians are heading into retirement with years of mortgage payments and stress ahead of them. References Mortgage debt causing older Australians distress and worsening mental health https://www.abc.net.au/news/2019-08-27/mortgage-debt-causing-older-australians-distress-study-finds/11450958?pfmredir=sm
#Property #Rebound #RealEstate Claims of a property rebound in Australia might be premature. References Property market showing green shoots, but is it enough to call it a rebound? https://www.abc.net.au/news/2019-08-26/property-market-showing-green-shoots-but-is-it-a-rebound/11447438?section=business