Tech platform to revolutionise real estate
REMEMBER how internet banking changed personal finance? Real estate is undergoing a similar change, which will mean fewer trips to property lawyers, faster settlements and other benefits.
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Sydney prices fall for fifth month in row
SYDNEY home prices look set to fall for the fifth consecutive month as the current market downturn gathers momentum, but experts remain divided on how long the slowdown will last.
What brothels are really like inside
NSW’s usually out of sight brothels have recently come under the spotlight as a string of adult shops hit the market for sale, providing a glimpse of what’s really behind the blacked windows.
More jobs in property than in any other industry
NSW’s real estate industry has become the largest employer in the state, overtaking the healthcare and social assistance sector for jobs, new analysis suggests.
Negative gearing myth exposed
A NEW report has rubbished claims that negative gearing pushes up house prices, pointing to another country with a nearly identical policy but no problems with runaway prices.
Sydney trumps New York, London for prices
SYDNEY home prices are more unaffordable than in Tokyo, London or New York, according to a study of real estate in more than 400 global cities. Here’s where it and other Aussie cities were ranked.
Homes for sale at $400k discount
A MIX of Sydney homes are up for sale at up to $400k less than they were listed at last year, with new data showing the 10 homes currently offering the biggest discounts.
Sydney units prices drop by $2700 a week
YEARLY falls in apartment values in Sydney’s residential construction hot spots are now on a par with the amounts highly paid professionals earn in wages, including lawyers, new data shows.
Rents fall in one half of Sydney, grow in other
SYDNEY’S building boom has created a shift in the rental market, pushing down rents on certain types of housing, while rents on other homes keep rising. New data also shows the areas most in demand with tenants.
Property taxes double in 4 years
STATE governments are raking in nearly twice as much revenue from property taxes than they were at the start of the decade and are draining homebuyer pockets to stay in the black, research shows.
Original URL: https://www.dailytelegraph.com.au/journalists/aidan-devine/page/184