News

RESIDENTIAL

The NSW State Government have announced plans to change stamp duty price brackets.

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With Melbourne’s population growth and infrastructure - not to mention their governance and management - hitting the news cycle in a big way lately, it’s perhaps time to pull back from the hullabaloo and take stock.  

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There couldn’t be many millennials in Australia who have not heard author Bernard Salt's and later millionaire Tim Gurner’s advice on how to enter the property market – stop buying avocado on toast. While the accuracy of this advice is debatable, one thing’s for certain, New South Wales median house prices have sky rocketed.

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Results from the Australian Bureau of Statistics (ABS) shows residential construction work may have peaked and is now on a steady decline.

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A rise in dwelling approvals across Australia was primarily driven by construction activity in New South Wales and Western Australia.

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