NSW government's Millers Point social housing sale enters new phase
McGrath has completed its final sale of government social housing in Millers Point, while Savills has launched a campaign to sell the brutalist icon, Sirius.
Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report
The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.
Sydney records strongest office rental growth globally, Melbourne second: JLL
Sydney has again recorded the fastest office rental growth in the world, with a rate of 30.1 per cent growth over the year, according to JLL's Global Office Index.
Sydney's true clearance rate could be 40%: John Cunningham, REINSW
An unusually high percentage of Sydney auction results weren't reported last week, says REINSW president John Cunningham, causing him to ponder the worst-case scenario: if those properties didn't sell, Sydney's clearance rate could be 40 per cent.
Chinese demand for Australian real estate is declining
Government policies in both Australia and China are eroding Chinese buyer demand for local real estate, says Michael Pallier, managing director of Sydney Sotheby's International Realty.