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$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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

Buying off-the-plan turns into a nightmare for Surry Hills couple

November 27, 2018

Greater Sydney Region New South Wales Property and Investment News Pros & Cons Strategy

Apartment buyer Tom Christensen, 31, said buying a Sydney unit off-the-plan has left him “scarred”. He and his partner bought the inner city property four years ago for $1.65 million and despite being contracted to be completed in 2015 it was only finished this year. “If we’d settled when it was supposed to be built […]

Third of new units worth less than owners have to pay for them

November 27, 2018

Building Greater Sydney Region New South Wales Property and Investment News Pros & Cons Strategy

Nearly a third of Sydney’s newly completed units are now worth less than what their buyers will have to pay for them. Many of the homes were purchased at inflated prices agreed during the housing boom two years ago but dropped in value as the market slumped over the time it took to build them. […]

Residents seek compensation from 'house of horrors' boarding home

November 26, 2018

Boarding Houses New South Wales Property and Investment News Pros & Cons Strategy

It has been 11 years since the first disturbing allegations began to emerge from the Grand Western Lodge boarding house in the small town of Millthorpe, near Orange, but the residents’ stories still send a shiver down the spine. ”The residents have told us how they were bashed up, told us how they lived in […]

Retail giants IKEA and Costco signal Newcastle's in store

November 26, 2018

Hunter Valley Region New South Wales Property and Investment News

FOR more than 100 years it was home to the Hunter’s first heavy industry, one of the region’s chief polluters. Now it appears Boolaroo could soon be home to Swedish retail giant IKEA and American wholesale shopping juggernaut Costco, both rumoured to be making a move on land at the old Pasminco lead and zinc smelter site. In a media interview on […]

Vacancy rate creeps back up in Sydney, down in regional NSW

November 22, 2018

Central Coast Region Greater Sydney Region New South Wales Newcastle Area Property and Investment News Pros & Cons

The October 2018 edition of the REINSW Vacancy Rate Survey showed metropolitan Sydney vacancy rates were down 0.1 of a percentage point over the month to 2.1 per cent. Leanne Pilkington, president of the REINSW, said there was a slight slowdown for those looking for rental accommodation in Inner and Middle Sydney as its vacancy rate increased, […]

Developer Concessions to Increase Medium Density Housing in NSW

November 19, 2018

Dual Occupancy Government Infrastructure Multiple Income New South Wales Property and Investment News Strategy

Low-rise medium-density housing, widely considered “the missing part” of NSW housing stock, could be the way forward as new concessions for developers kick in. NSW is currently experiencing consistent growth in townhouse development and a surge in medium-density viewership over the last 12 months, according to Colliers International. Medium-density housing can range between 25 to […]

Australian sustainable design: The challenges, what we’re getting right, and where to from here

November 19, 2018

Building New South Wales Property and Investment News Pros & Cons Queensland Strategy Tasmania Victoria

The drive behind building more environmentally friendly residential homes is coming from individuals, not government bodies, and cookie-cutter developments are holding us back, according to a think tank assembled to address the issue of implementing sustainable design. The chair of the discussion, organised by LG Electronics, was architect and TV host Peter Maddison, who argued […]

Three 'new-generation' boarding houses planned for residential areas

November 12, 2018

Boarding Houses New South Wales Property and Investment News

The Sydney developer behind a $1.9 million boarding house complex planned for McLachlan Street has revealed he has two more proposed for Orange. Greg Kings said he would be developing a ‘boutique’ 14-room complex at 48 Molong Street and a larger “no more than 24 room” development behind a cottage at 194 March Street. Mr Kings […]