Blog: New South Wales

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A flatter property market characterised 2011 for Sydney, yet things are looking brighteAgent Predictions – NSW Property Market 2012r for the coming year with talk of consumer confidence creeping back.  We spoke with three experts in the NSW property market, Angus Raine, CEO of Raine & Horne, Janusz Hooker, CEO of LJ Hooker and Douglas Driscoll, CEO of Starr Partners to gain insight into the year ahead.

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Category: New South Wales, Uncategorized | Leave a comment
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Most Expensive Suburbs NSW 2011NSW is the jewel in the Australian crown when it comes to million dollar suburbs.  More than half of Australia’s million dollar suburbs are located within the state and despite softening of the market in recent times, there is no doubt over the past 5 years that the “exclusive few” have ballooned to the “exclusive many”.

 

A swag of million dollar suburbs

Based on median house price data from Q1 2011, there are a total of 81 million dollar suburbs, with a further 40 knocking on the door of this now not so exclusive club.

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Category: Market Intelligence & Commentary, New South Wales | Leave a comment
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Some critics predict that the New South Wales property market will experience further Property Market NSWdepreciation in home values for the remainder of 2011.  With clearance rates consistently below 60%, it seems buyers are airing on the side of caution.

Despite however, the market being more subdued than in 2010, is it all bad news in the NSW property market?

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Category: Market Intelligence & Commentary, New South Wales | Leave a comment
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Housing affordability has been a hot topic of discussion in 2011.  Even though median price growth is slowing nationally, purchasing a home is still difficult for many and with the prospect of further interest rate rises the great Australian dream may seem impossible for many.  Or is it?

According to the real estate institutes across Australia and properyDATA.com.au, there are still many affordable places to buy; you just need to know where to look.  We interviewed a range of experts from the real estate institutes to compile a list of some of the most affordable places to buy.
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Category: ACT, Investment, Market Intelligence & Commentary, National, New South Wales, Northern Territory, Queensland, South Australia, Victoria, Western Australia | 8 Comments
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