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Stamp duty relief gives first homebuyers leg up

More than six thousand additional first homebuyers have gained a foothold on the property ladder in just six months following the NSW Government’s decision to provide additional relief on stamp duty. Premier Gladys Berejiklian said the latest data indicated the great Australian dream of home ownership remained strong, with the total number of stamp duty exemptions and partial concessions granted rising 30 percent over the year, from more than 31,500 in 2019 to more than 41,000 in 2020. “We all know how challenging 2020 was and our suite of Covid-19 support and stimulus measures – the largest of any state… Read more »

Ed.Square name Ignite as childcare centre operator

Frasers Property Australia have announced Ignite Early Learning Centre will be the childcare centre operator at Ed.Square. The centre is set to open in the second half of 2021 and will have spaces for 140 children. “Part of our promise at Ed.Square was to integrate a quality, convenient childcare service in the new Town Centre for residents and the local community,’’ says Warwick Dowler, the development director at Frasers. “We’re pleased to welcome an experienced operator in Ignite Early Learning, whose vision for an inclusive community that’s welcoming, comfortable and exciting for the whole family aligns with our own,” he… Read more »

State Government cracks down on trust fund fraud

The NSW Government, which has been on the trail of real estate agents stealing from trust funds and rental bond money, has rounded up 13 agents responsible for illegally pocketing $6 million since November 2019. Better regulation minister Kevin Anderson says the Berejiklian Government has been cracking down on rogue real estate agents in order to protect consumers and their life savings. “The number of real estate agents doing the wrong thing is small but it can have enormous consequences for people who are victims of an agent’s criminal behaviour,” Mr Anderson said. “What I have seen with a number… Read more »

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Homebuilder impact still to come, says HIA economist

The HomeBuilder program has been very positive for the detached house sector but the impact of this program is yet to be seen in Australian Bureau of Statistics approval data, says Tim Reardon. The chief economist of the Housing Industry Association says the lift in detached house approvals in JulyRead more »


Stamp duty cut great news for first home buyers

The NSW Government’s decision on stamp duty concessions for first home buyers is a timely and significant decision, according to the Housing Industry Association.  “This is a very welcome move as HIA has been seeking changes to the stamp duty arrangements to better reflect the price of new homes inRead more »


Outdoor lifestyle gets tick of approval

Recently endorsed as a case study by the Heart Foundation in their Healthy active by design program, The Hermitage master planned community at Gledswood Hills has witnessed a significant uplift in interest from purchasers seeking an outdoors lifestyle. Campbelltown exercise physiologists, Danielle and James Wallace, owners of Active Solutions HealthRead more »


July 1 big day for first home buyers

Eligible first home buyers across the country are eagerly anticipating the opening of the second round of the Federal Government’s First Home Loan Deposit Scheme (FHLDS) tomorrow, July 1. The scheme’s first 10,000 places – released on January 1, 2020 – showed strong demand for the program and as oneRead more »


It’s all downhill from here on housing starts

The Housing Industry Association (HIA) says it has revised its forecasts and now expects housing starts in NSW to be down by 27.5 per cent this financial year and to decline by a further 34.1 per cent in 2020/21. The forecasts are included in the HIA Quarterly Economic and IndustryRead more »


Agents go with the flow as restrictions are eased

The Real Estate Institute of NSW (REINSW) has welcomed the State Government’s decision to remove some of the restrictions imposed on agents when showing and auctioning properties. The property services industry is being afforded the opportunity to expand the suite of services it currently offers the community under the Covid-19Read more »


New school opening boosts buyers’ interest in Hermitage

This year’s opening of Gledswood Hills Primary School elevated demand from young families looking to purchase property in The Hermitage, Gledswood Hills – a $1.2 billion master planned community developed by Sekisui House. To meet demand, Sekisui House has recently launched its highly anticipated Donohue’s View – Parkside Terraces, locatedRead more »


Support for home builders to manage coronavirus restrictions

The Housing Industry Association (HIA) has released the Making space on site: Site Induction for COVID-19 to support home builders, renovation builders and trade contractors manage the new health and hygiene requirements in response to coronavirus. “HIA’s Making space on site: Site Induction for COVID-19 provides a simple, no costRead more »


Why first home buyers have returned to the market

Property developer Sekisui House says there’s a resurgence in sales from first home buyers at its master planned community, The Hermitage at Gledswood Hills. According to the latest figures from the Australian Bureau of Statistics (Lending Indicators Report: released February 2020) first home buyer purchasing levels are back to theirRead more »


More town home designs as Ed.Square gains momentum

A new release of the most popular town home designs is set to continue the momentum for Ed.Square.    The first housing release of the new decade at Ed.Square will be launching on February 26 and will include 54 town homes ranging from one to four bedrooms in the precinct knownRead more »


Oldies who own their home give downsizing cold shoulder

Unless their health declines, older Australians who own their homes don’t give downsizing even a second’s thought. New research by the Australian Housing and Urban Research Institute (AHURI) confirms what we already knew: around 65 per cent of home owners aged 65–74 in 2001 were still living in their originalRead more »

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