Capitalise on a Strong Rental Market

Two compelling phenomenon support the ever more prevalent whispers amongst Australia’s development community around the ‘build to rent’ concept.   First and foremost is, of course, the softening of the residential sales market. The second circumstance is the specter of affordability and the rise of the renter generation for whom the dream of home ownership …

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The Tighter Market is a Golden Opportunity for Experienced Developers

Two headwinds face smaller and less experienced developers in the current market. Those being APRA’s continued efforts to exert pressure on liquidity and more moderate buyer sentiment than we’ve experienced in recent years.   The combination of these two factors presents a significant challenge for MANY developers. In the current climate, those who wish to …

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Invite Retail Into Your Residential Development

More and more, retail expansion is making its way slowly and steadily through the neighbourhoods of greater Sydney, extending high streets and around corners into residential strongholds where to date, the only commercial transactions may have been the private sale of a car, or perhaps a cup of homemade lemonade on a summer’s weekend. As modern …

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Why you should buy the worst house in the best street

While ‘renovator’s dream’ is often interpreted as real estate-speak for ‘run down mess’, such homes can actually have unrealised potential. When hunting for real estate, it’s tempting to purchase a property in a pristine condition ready for you to move right in, but sometimes it’s best to fight your initial reservations and be a little …

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Waiting for property can be a waste of time, says buyer’s agent

Waiting for the Sydney market to drop before buying? One buyer’s agent says in doing so, you’ll be doing more harm than good. By playing the waiting game, investors can traditionally buy into a market when it reaches the downturn of its cycle. However, Lauren Goudy, buyer’s agent of Rose & Jones, said those who …

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Experts reveal the best techniques for bidding at auction

In a hot market, many vendors prefer selling at auction as it’s perceived to be the most effective way to get the highest price for a property. For buyers, auctions can be high-pressure situations where it’s easy to get swept up in the drama – and if you’re not careful – pay more for a property than you …

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Fortune Favours The Strategic Developer

As prices continue to rise and stock remains tight, developers must seek ever smarter approaches to minimising short term risk, whilst positioning themselves for healthy returns and successful exits. One of Sydney’s most experienced buyer’s agents and property managers has some sound advice.   Since co-founding Rose & Jones in 1998, Byron’s team has inspected over …

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‘$2.5m is nothing if you’ve just sold your $4m mansion,’ says agent

DEMAND from downsizing empty-nesters is pushing up prices for quality apartments in Sydney’s exclusive eastern suburbs, agents say. A stylish Art Deco unit in ­Double Bay sold for $2.375,000 on Saturday— $475,000 above its ­reserve price — through Sothebys agent Chris Helich. The auction was one of 532 held around Sydney. With 341 of the …

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