Wrapping up the EOFY & trends for 2021
19 July 2020
Its been a year of surprises that began with a returned Liberal Coalition Federal Government and falling interest rates, which injected new confidence into the market and a pivot back to growth.
We're ending the year in the midst of the world's first pandemic in more than 100 years, with the first recession in Australia...
Read MoreWhere the biggest property price falls have been since the onset of COVID-19
3 July 2020
The government response to COVID-19 has placed the property market cycle at the cusp of another decline. So far, property value declines have been fairly mild. Nationally, the May home value index results show that the dwelling market declined just 0.4% over the month, and preliminary indicators for June are showing the rate of dec...
Read MoreSydney landlord allegedly held tenant who couldn't pay rent hostage
3 July 2020
A Sydney man who could not afford his rent amid the coronavirus lockdown was allegedly held hostage by his landlord and physically threatened until he paid up.
NSW Police said the 24 year old tenant and his friend arrived at the home he leased near Clifton Reserve in Surry Hills on Wednesday afternoon, and were met by the prope...
Read MoreClarification on the notice periods for terminating tenancies
24 June 2020
Questions have been raised as to when the notice period in the end of the fixed term termination notice will be amended from 90 days back down to 30 days. We would like to advise that the end of fixed term termination notice period is still 90 days. The 90 day notice periods in termination notices given under a section refer...
Buyer activity surges on realestate.com.au
17 June 2020
Buyers Activity Surges
As the relaxation of COVID-19 restrictions continues and consumer confidence improve, Australians' passion for property is stronger than ever.
In April 2020, realestate.com.au hit a new record audience number with 11.2 million people visiting the site. This surge of buyer activity has continued into May. Rea...
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