WHEN 229 Denison Street in Newtown in Sydney’s inner west hit the market recently, the owners were confident it would fetch around $1.6 million. After all, a similar house right next
More than $130 billion has been wiped off the value of Australia’s homes in the December quarter, according to the latest ABS data. Sydney’s property price decline is now more
Today’s Steveism comes from my first ever newsletter, and is a simple statement to help people differentiate between good and bad investments. If you only bought deals that made money, you’d
Have you ever played the game where you look up at the clouds and make out animals or shapes based on what you see? One person might see a dinosaur,
Assuming negative gearing and capital gains tax concessions will be amended in line with Labor’s much-publicised change proposal, there will be a range of implications, from an increase in yields
EXPERT OBSERVATION The Australian Bureau of Statistics (ABS) data out today indicates significant reductions in the amount of lending for new homes. The value of lending by dwelling investors in NSW has
MOTORISTS will slowly start to see some changes on the M1 at Varsity Lakes with the new interchange due to open in stages from today. Transport and Main Roads (TMR) South
EXPERT OBSERVATION The deepening market downturn is starting to weigh more heavily on consumer sentiment towards housing. Both the complexion of this impact and the extent to which market weakening has
There were 1,894 homes taken to auction over the week, increasing from the previous week when 1,197 auctions were held, although significantly lower than this week last year when 3,136