186 blog posts Filter

$780 MILLION TO REDEVELOP JOHN HUNTER HOSPITAL

March 25, 2019

Government Infrastructure Hunter Valley Region New South Wales Newcastle Area Property and Investment News Strategy

Families across the Hunter region will benefit from the redevelopment of John Hunter Hospital in Newcastle. As the major teaching and referral hospital for our region, this $780 million investment in John Hunter Hospital will also ensure locals can receive essential healthcare closer to home. Patients and staff will have access to the latest in […]

Dahua strikes $140m deal to buy Point Cook site from land bankers

March 25, 2019

Government Infrastructure Melbourne Region Property and Investment News Strategy Victoria

Shanghai-based developer Dahua has beefed up its Melbourne housing pipeline after striking a $140 million deal to buy almost 100 hectares of land in Point Cook in the city’s south-west. Title deeds show Dahua Group Melbourne has placed a caveat over a 98.4-hectare site at 688 Aviation Road after agreeing to buy it from land […]

Yet Another Happy Client!!

March 21, 2019

Dual Occupancy Happy Clients Hunter Valley Region New South Wales Newcastle Area Positive Gearing Property and Investment News Strategy

Koala Invest has helped another of its client in finding the perfect Investment home. Our client from Melbourne was searching for a dual occupancy under $600k with a block size of at least 600m and garages for both units. We presented a range of options in the Newcastle region that offered excellent rental yields. Our […]

The leading regional economy in Australia:THE HUNTER REGION NSW

March 10, 2019

Government Infrastructure Hunter Valley Region New South Wales Newcastle Area Property and Investment News Uncategorized

The Hunter is the largest regional economy in Australia, ranking above Tasmania, the Northern Territory and the Australian Capital Territory in terms of economic output. It drives around 28 per cent of regional NSW’s total economic output and is the largest regional contributor to the State’s gross domestic product. The region has an estimated 322,000 jobs […]

$2.8 Billion Tuggerah Precinct Investment : Central Coast

March 4, 2019

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Regional Development Australia Central Coast (RDACC) has applauded today’s $2.8 Billion joint announcements by the Scentre Group, Hunter and Central Coast Development Corporation and Darkinjung Local Aboriginal Land Council, to redevelop Westfield Tuggerah site and adjoining land into a major hub of employment, transport, leisure and education. RDACC Director of Regional Development and CEO, John […]

Warnervale new public school: Minister reassures parents

February 27, 2019

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Mr Stokes was responding to concerns by Central Coast P and C president Sharryn Brownlee that the school plan might have been delayed after the project reference group guiding the project had failed to meet for more then six months. Mr Stokes said the project was progressing with design options for the new school currently […]

Coast’s water supply network gets $61million boost

February 16, 2019

Central Coast Region Government Infrastructure Property and Investment News

The $61million project will boost water supply to the Central Coast’s rapidly growing northern suburbs and improve water security for the entire region. Council Director Water and Sewer, Bileen Nel said the Mardi to Warnervale Pipeline project is the next major step to enhance the Central Coast’s water supply network. “The pipeline will run from […]

Housing slump bites as Sydney apartments line up for fire sale

February 2, 2019

New South Wales Property and Investment News

Scores of apartments in a multimillion-dollar Sydney complex will be sold in one line by receivers after the project’s developer fell victim to Australia’s property slump. In a further sign of cracks in the apartment market, receivers and managers Newpoint Advisory are selling 61 units in the just-completed, multi-storey Elysee project in Epping in Sydney’s […]

Australia's banking regulator just removed a rule that's played a crucial part in the housing downturn

January 4, 2019

Finance Property and Investment News Pros & Cons Strategy

The Australian banking regulator will remove restrictions on interest-only mortgage lending for some Australian banks from January 1 next year. APRA says macroprudential restrictions have “helped to reduce the risks associated with the high level of household indebtedness, subdued household income growth, low interest rates and strong competitive pressure”. It warned banks to “maintain prudent […]

Subcontractors are the human face of a construction industry in crisis

January 1, 2019

Building Property and Investment News Pros & Cons Strategy

Key points: Almost 1,700 construction businesses went bust last year, with big companies starting to fail Subcontractors are caught in the middle of collapses due to outstanding debts The Sydney and Melbourne property bust is set to make the situation worse A booming housing industry and large infrastructure projects in Sydney and Melbourne have helped […]

Alleged Melbourne landbanking scheme Askk that raised $10m frozen by court

January 1, 2019

Property and Investment News Pros & Cons Strategy

The Federal Court of Australia has frozen a suspected land banking scheme in Melbourne that raised more than $10 million from investors, after an application by the Australian Securities & Investments Commission.The scheme is operated by Broadmeadows-based Askk Investment Group. It sought to raise money for a site known as Lot 2, 615 Hume Highway Beveridge, about […]

NSW Government to crack down on dodgy building certifiers following Opal Tower saga

January 1, 2019

Building Greater Sydney Region Property and Investment News

Key points: Up to 30 per cent of certification work will be audited in NSW every year Corrupt certifiers or those who have negligently signed off on an unsafe building will be booted from the industry immediately Certifiers who breach the industry code of conduct will be banned from working on new buildings for a […]

Sydney rental reversal: falling rents, rising vacancies as landlords hang on

January 1, 2019

New South Wales Property and Investment News Strategy

Fleet leasing executive Rebecca Crowley knew it was time to get out of Sydney when her landlord raised the rent on her two-bedroom apartment in Surry Hills to $900 a week. She and her flatmate were already paying $807 a week. Her share accounted for 47 per cent of her take-home pay. So three months […]

Big incentives for property investors under new housing package

January 1, 2019

ACT Region Government Infrastructure Property and Investment News Queensland Strategy Tasmania Victoria

On 16 December, Bill Shorten announced a $6.6 billion plan to address housing affordability, which directly involves incentives. Mr Shorten said that under the policy, if investors construct new properties and place them for rent at 20 per cent under market value, a subsidy of $8,500 a year for 15 years would be available for […]

Maitland population breaks 80,000

January 1, 2019

Hunter Valley Region New South Wales Property and Investment News

Maitland’s population growth is showing no signs of slowing down, with more than 80,000 people now calling city home. Preliminary data released by the Australian Bureau of Statistics on Tuesday estimated that 81,235 people lived in Maitland as of June 30 last year, almost 2000 more people than the year before. As well as census […]

 

A Fast Rail Future for NSW

December 6, 2018

Canberra Region Central Coast Region Government Infrastructure Greater Sydney Region Hunter Valley Region New South Wales Property and Investment News

Vision Many of our state’s regional areas have room to grow and are keen to draw in more investment, generate job opportunities and attract skilled workers. The government wants to make it easier and provide more choice for people to live and work in regional NSW. In July 2018, the government released A 20-Year Economic Vision […]

GR Homes liquidation leaves Hunter family in limbo

December 4, 2018

Building Central Coast Region Property and Investment News Pros & Cons

Mayfield’s Ruth Larkin and Amie Wilson were excited to hear in September that their new home, which had been under construction for the past 12 months, would be completed early. But just two months later, they fear they will soon have nowhere to live. “We were preparing to have a beautiful Christmas in our new home,” Ms Wilson […]

Wyong Hospital redevelopment: Pictures and video reveal plan

December 4, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

Designs have been unveiled for the $200 million Wyong Hospital Redevelopment. When complete, the redevelopment will increase the service capacity of the hospital with an additional building and a revamp of some existing areas. There will be a new and enhanced Emergency Department; enhanced intensive care services; improved medical imaging; and an enhanced paediatric outpatient […]

Kangy Angy Rail Maintenance Facility: design images revealed

November 29, 2018

Central Coast Region Government Infrastructure New South Wales Property and Investment News

The first images of the $300 million new Intercity Fleet maintenance facility at Kangy Angy have been released by the State Government. The controversial development has been the scene of protests by local residents who say their quiet area has been totally trashed by construction of the facility. The designs show the location and look […]

Listings Lurch Higher as Housing Market Conditions Languish

November 27, 2018

ACT Region New South Wales Property and Investment News Queensland Strategy Tasmania Victoria

The volume of housing stock listed for sale is currently higher, for this time of year, than it has been in many years. While total stock is elevated, newly listed stock remains at fairly similar levels to recent years which suggests that it isn’t a dumping of stock onto the market which is leading to […]