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Tuggerah Lakes Private Hospital to open in May 2019

May 14, 2019

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

Tuggerah Lakes Private Hospital (TLPH), the former Wyong Shire’s newest major health facility, has moved closer to completion, with staff announcing that the hospital will open in May. Located in the fast-growing area of Kanwal, directly opposite Wyong Public Hospital, TLPH occupies a prime location on the corner of the Pacific Hwy and Craigie Ave. […]

Property buyers get twice the house with half the mortgage by using clever strategy

May 14, 2019

Dual Occupancy New South Wales Positive Gearing Property and Investment News Pros & Cons Strategy

Young couples are clawing their way onto Sydney’s elusive property ladder without skimping on luxuries by using a savvy homebuilding strategy. The homebuyers are knocking down older, cheaper properties and replacing them with duplexes. They then live in one of the homes and rent out the other for a motzer. It involves taking on more […]

Rents Across Australia Rise Over The First Quarter Of 2019

May 13, 2019

ACT Region Brisbane Region Canberra Region Central Coast Region Finance Greater Sydney Region Hunter Valley Region Melbourne Region New South Wales Newcastle Area Overseas Investment Overseas Investor Property and Investment News Queensland SMSF Strategy Taxation Victoria

The first CoreLogic Quarterly Rental Review for 2019, which tracks median rents and rental yields across Australia, shows that national weekly rents have risen by 1 per cent during the first three months of the year. “This seasonally strong first quarter has delivered the highest increase in weekly rents since the corresponding first quarter a […]

Australia’s Population Becoming More Diverse

May 13, 2019

ACT Region Brisbane Region Building Canberra Region Central Coast Region Greater Sydney Region Hunter Valley Region Melbourne Region New South Wales Newcastle Area Property and Investment News Queensland Strategy Victoria

Migration data which was recently released by the ABS showed that as of June 2018, an estimated 17,650,130 residents of Australia were born in Australia. While this may seem like a high number, it shows that 29.4% of residents were born overseas. Based on data from the ABS which dates back to 1996, this is […]

Revenue From Property Taxes Continues To Climb In 2017/18 Despite Housing Downturn

May 13, 2019

Finance Property and Investment News Strategy Taxation

State and local governments collected a whopping $30.293 billion worth of property tax revenue over the 2017-18 financial year. If you were to compare these statistics to what was published last year, the figures would be vastly different. Previously, the ABS included stamp duties on conveyances as taxes on the property, however, in this year’s […]

NSW set to save on stamp duty

May 10, 2019

Depreciation Finance New South Wales Property and Investment News Strategy Taxation

The NSW State Government have announced plans to change stamp duty price brackets. From 1 July 2019, stamp duty price brackets will be pegged to CPI (Consumer Price Index) resulting in savings for property buyers. Initial savings would be anywhere between $200 to $600 with those savings increasing over the years. For the Greater Sydney […]

Maitland's new $43 million civic precinct will include the iconic Town Hall Cafe building

May 10, 2019

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

One of the city’s oldest commercial buildings will be incorporated into Maitland City Council’s $43 million civic precinct development which will include significant improvements to the town hall and the construction of a new administration building. General Manager David Evans and Mayor Loretta Baker announced yesterday that council had lodged a development application for the […]

Macquarie Park to get new $750m business district

May 7, 2019

Building Government Infrastructure Greater Sydney Region New South Wales Property and Investment News Strategy

A new commercial development labelled “Australia’s first community business district” will be built at the entrance of the Northwest Metro station at Macquarie Park. Frasers Property and Winten Property Group have committed $750 million to Macquarie Exchange (MQX), a mixed-use development comprised of four buildings — one of 16 storeys and three of eight storeys […]

Yet Another Happy SMSF Client!!

April 30, 2019

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

More Happy Clients have found their perfect investment with Koala Invest’s assistance Koala Invest has helped another of its client in finding the perfect Investment home through SMSF. Our client was searching for a dual occupancy under $650k with a block size of at least 600m2. We presented a range of options in the Newcastle […]

Special planning proposals provide opportunity for 1,500 homes

April 11, 2019

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

Projects at Lake Munmorah and Wallarah will be two of the first projects to be actioned under a new suite of planning measures aimed at helping Darkinjung Local Aboriginal Land Council achieve better outcomes for its land. Residential development at Lake Munmorah and a proposal to rezone land at Wallarah for employment uses and environmental […]

2020 Tuggerah Lakes Restoration Project launched

April 9, 2019

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

Central Coast Councillors voted unanimously at the February 11 Ordinary Meeting to set up the 2020 Tuggerah Lakes Restoration Project to cover the whole of the 77sq km of waterway system. A Notice of Motion from Councillor Greg Best called for council to engage all levels of government in the timely lead-up to the 2019 […]

NSW GOVERNMENT EYES NEW HOME FOR 4000 OFFICE WORKERS IN PARRAMATTA

April 8, 2019

Government Infrastructure Greater Sydney Region New South Wales Property and Investment News Strategy

The NSW Government is on the hunt for up to 45,000 square metres of new office space in Parramatta. The government’s property management agency, Property NSW, is calling for expressions of interest to lease office space for more than 4000 staff from 2022. It is after A-grade space in a single building under a 10-year […]

$350m private hospital & medical precinct announced

March 31, 2019

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

A major new private hospital and health precinct is earmarked for Racecourse Rd, Gosford, and should be up and running within a few short years. A joint project by AA Crown Holdings and Northside Group, the $350m Northside Private Hospital and medical precinct will deliver world-class medical services to complement Gosford’s existing public hospital. It […]

ANZ woos property investors with interest-only loan change

March 28, 2019

Finance Interest Rates Property and Investment News Strategy

ANZ Banking Group is loosening some of the clamps it put on interest-only mortgage lending in 2017, after pledging to reopen the door to property investors following a period of excessive caution. The big four lenders on Thursday said it would again start offering customers an interest-only period of up to 10 years, up from […]

Sydney residents move out as city depends on migrants for growth

March 28, 2019

Government Infrastructure Greater Sydney Region New South Wales Property and Investment News Strategy

Thousands of Sydneysiders are leaving their home suburbs for other parts of the city and the state with new figures revealing a slowdown in the capital’s runaway population growth. Australian Bureau of Statistics data showed the Greater Sydney area added 93,411 residents through 2017-18, taking the city’s total population to a record 5.2 million. It […]

$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 […]

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 […]