Demand for home offices, studios and granny flats have soared amid the coronavirus pandemic, as cooped-up house hunters seek out more space. Separate areas in which to work and unwind became increasingly front of mind for renters and buyers in recent months, new Domain data shows, with searches for home offices more than…
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Many regional centres are welcoming tree changers with open arms, but anyone making the move should first know about the local climate and customs. While some city dwellers have been moving to the regions for more space and affordability for years, the trend has accelerated following a widespread shift to remote working prompted by…
NSW home buyers could be spared from paying stamp duty on new homes under a new government plan. State Treasurer Dominic Perrottet wants to phase out stamp duty and replace it with a new tax to boost the NSW economy. His proposal would see buyers have a choice between the status quo of…
Consumer sentiment has rebounded rapidly as lockdowns have ended while COVID-19 case numbers have fallen and borrowing costs have reduced. This can only bode well for Australia’s property sector in the lead up to Christmas and into the New Year. Each week ANZ and Roy Morgan publish their weekly consumer confidence index and Westpac…
Australians have jumped at the chance to improve their homes during the coronavirus pandemic, with renovation value across the country hitting a four-year high. The start of spring is traditionally a popular time for renovations to begin, but this year has proven to be a boom time given the holidays postponed due to the…
With most homeowners seemingly able to repay their home loans after having ‘mortgage holidays’ and property sales continuing to happen, it is pleasing to see that the doomsday predictions of impending price crashes are highly unlikely to occur. While we have been saying that forecasts are difficult, it is somewhat of a relief…
Australia’s Teflon-coated property market appears to have proved itself again. Despite the country’s first recession in nearly three decades, Aussie home values – including houses and apartments – ended 2020 a solid 3 per cent higher, according to CoreLogic data. According to another report, the Domain House Price index released on January 28, the…
We are thrilled to announce our first ever Facebook competition!!! Be in line to win a $100 voucher to the shop or service of your choice in the North Turramurra Shopping Village. It’s our way of saying thank you to the community and to the local shopkeepers for the tremendous work that they do.…
The value of a typical detached house in Sydney will rise by another $120,000 by the middle of this year if price gains of the December quarter are repeated in the first half of 2021, reigniting worries about home affordability in the city. Sydney’s median house price jumped by $55,000, or 4.8 per cent,…
How to quickly upsize your home in a rising property market As auction clearance rates surge and median house prices rise to record levels across the country, would-be vendors are eagerly watching the market wondering whether it’s time to make a move. “People are looking to upsize more than at any other time in the 18…