Driscoll and Reid in Riverstone, New South Wales, Australia | Property

Driscoll and Reid

Locality: Riverstone, New South Wales, Australia

Phone: +61 2 8443 0201

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20.01.2022 It undermines all other rights’: Rental reforms futile if ‘no grounds’ evictions remain, experts warn Tawar Razaghitwitter May 16, 2018 Sweeping changes to rental laws in New South Wales will have little impact unless no grounds evictions are brought to a halt, experts warn. Minister for Better Regulation Matt Kean is set to announce the changes in the coming months following the first comprehensive overhaul of rental legislation in more than 20 years....Continue reading

16.01.2022 Withdrawn From Sale 29 Rifle Range Road Bligh Park,NSW,2756 $670,000 All Offers Considered... MODERN 3 BEDROOM HOME WITH 3 CAR GARAGE & WORKSHOP This modern 3 bedroom home has a renovated bathroom & kitchen, features a open living plan to the lounge room / dining room / kitchen areas with tiled flooring and new split air conditioner, all bedrooms are carpeted with built In robes and ceiling fans to main bedroom & 2nd bedroom. There is a large covered entertaining area just through the back glass sliding door. 3 car garaging (2 in large colour bond garage/workshop with single car garage attached to house), backyard is secured, garden shed and ABN connected. Land Size 632.4 m2 Suitable first home buyer , down sizing or investor alike. By Appointment Only

16.01.2022 No Longer Available YARD / HARDSTAND $2,400 Per Month GST Inclusive... 53a Fourth Avenue, Llandilo NSW,2747 This rural property has a hardstand and yard area of approx. 1340 meters square to sub-let. Suitable for heavy vehicle parking etc. Inspections Strictly by Appointment

12.01.2022 SORRY PROPERTY IS LEASED 39 Oxford Street Riverstone NSW $395 Per Week... For Lease 2 Bedroom Easy-Care Home Fully A/C & Close to Transport/Shops This two bedroom home has built-in wardrobes & split air conditioning to both bedrooms, modern kitchen and laundry (internal access), separate lounge room with split air conditioner & separate office or dining room, timber flooring throughout. Double carport and large garden shed.

09.01.2022 Building cheap, buying expensive: Australia’s fundamental property headache Hannah Blackiston May 16, 2018 Sydney sits at number 19 on a list of the world’s most expensive construction markets, according to a recent report from consultancy firm Arcadis, with Melbourne following at 21 and Brisbane at 22. While this news might seem bleak at the outset, experts have quickly pointed out that median house prices in those three cities significantly outstrip prices in several of th...e cities that outrank them in terms of construction costs, highlighting other factors driving housing affordability concerns in Australia. Construction costs are far higher in major US cities like Houston, Dallas, Chicago, Boston, Philadelphia and San Francisco which tops the list while several European cities also outrank Australian capitals for building costs. Most expensive cities in the world for construction costs Rank City 1. San Fancisco 2. New York 3. Hong Kong 4. Toronto 5. Boston 6. Philadelphia 7. Chicago 8. London 9. Macau 10. Geneva 11. Copenhagen 12. Tokyo 13. Washington DC 14. Stockholm 15. Frankfurt 16. Dallas 17. Houston 18. Paris 19. Sydney 20. Brussels 21. Melbourne 22. Brisbane 23. Rio de Janeiro 24. Riyadh 25. Jeddah Source: Arcadis, International Construction Costs Report 2018 The build price in Australia compares quite favourably with other parts of the world, but the problem, as we see it, is the cost of the land, and also at the tax end, Housing Industry Association senior economist Shane Garrett said. Research has shown that if you look at the Sydney market, at least 44 per cent of the cost of a new home is accounted for by taxation in one form or another. That includes stamp duties, both of the purchase of the land and the final purchase price of the house, also GST thrown in, and the impact of excessive delays in the planning system. The report is further proof that the artificial scarcity of land fostered by governments of all political persuasions is the chief culprit in Australia’s housing affordability crisis.UDIA executive director Kirk Coningham One key example is San Francisco, the most expensive city in the world for construction according to the report, where homes cost 70 per cent more to build than they do in Sydney, but have a similar median house price. Two tough property markets by the numbers Sydney San Francisco Cost to build $395,000 $671,500 Median home price $1,170,000 $1,200,000 Building costs as a percentage of house price 33% 56% Median income $91,500 $132,600 Price as a multiple of median income 12.9x 9.1x Demographia Unaffordability rank 2nd 6th Arcadis median cost of building index 70 119 Sydney 33% San Francisco 56% Building cost as a percentage of property price Source: Urban Development Institute of Australia