What will 2021 have in store for Outer Western Sydney property?
It’s certainly been a year unlike any other. This time last year nobody would have been able to predict the rollercoaster ride that was 2020, but even as we all came to grips with what it’s like to live through a global pandemic, things haven’t turned out too bad for the Sydney property market. The […]
Time’s running out to have a say on Western Sydney Airport Metro Project
The community is currently invited to provide feedback on the Sydney Metro – Western Sydney Airport’s Environmental Impact Statement (EIS), which is on exhibition until Wednesday 2 December. The EIS provides a detailed picture of what the 23km rail line that will connect St Marys to the new Western Sydney Airport will look like. Six […]
4 questions you might have about the current property market
We’ve all been bombarded with conflicting news headlines this year, which can make it difficult for people to figure out what is true or not when it comes to how the property market is performing. It was only a short time ago that house prices were falling and economists were predicting dire times ahead for […]
NSW reserves over $9 billion for rail to Western Sydney Airport
The NSW Government announced a whopping $107.1 billion spend on infrastructure as part of this year’s State Budget, and a big slice of that will be going toward fast-tracking the Sydney Metro Western Airport project. Over the next fours year the state will be allocating $9.2 billion to the project, with an immediate $809,953 million […]
Is NSW scrapping stamp duty?
The NSW Government has come up with a bold new plan for how tax is paid on property in the state that could bolster the economy by making it easier to purchase a home. The proposed changes will give people the option to either pay stamp duty and land tax (where applicable) or pay a […]
Should I use the First Home Loan Deposit Scheme if I’m a first-time buyer?
If you’re looking to buy your first home then no doubt you’ve heard about the First Home Loan Deposit Scheme (FHLDS) by now. But for those who haven’t, it essentially allows first-home buyers the opportunity to get into the market with as little as a 5 per cent deposit, without the need to pay expensive […]
New shopping centre on the cards for St Marys
St Marys could soon be welcoming a new shopping centre to the area, if plans for it can get the tick of approval from Penrith Council. According to the Western Weekender, Haben Property have submitted an unsolicited request to purchase land at 5-13 Gidley Street to make way for the centre, however the land is […]
Aussie tax cuts have kicked in – what does it mean for you?
Some Australian workers may start to see some extra dollars in their bank accounts this month as the Federal Government’s Budget 2020 tax measures start coming into effect. The tax cuts were initially scheduled to happen two years from now but were brought forward to give the economy a boost in the wake of COVID-19. […]
Aussie house prices have bounced back
The Australian housing market has seen home prices rise for the first time since the COVID-19 pandemic began. Figures from CoreLogic’s national home value index showed that residential property values were up by 0.4 per cent in October, following five months of consistent declines. Values were up in every capital city, except Melbourne. Prices have […]
The RBA has cut rates – but are you paying less on your home loan?
Just when you thought rates couldn’t get any lower the Reserve Bank went and cut the official cash rate to a razor thin 0.10 per cent. But, as always, a drop in the official rate doesn’t necessarily mean that your home loan rate has lowered too. While a small cut in interest rates may not […]
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