PRD Real Estate in Macquarie Park, New South Wales | Property

PRD Real Estate

Locality: Macquarie Park, New South Wales

Phone: +61 422 660 224

Address: Suite 3.4, Level 3, 56 Delhi Road 2113 Macquarie Park, NSW, Australia

Website: http://www.prd.com.au/macquariepark

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25.01.2022 Sydney experienced a 7% increase in rent growth in 2020 compared to 2008 putting it in the top 3 office markets worldwide according to a Colliers International updated report based on the Occupier Services report published in 2019. http://bit.ly/38LNMGl Source: Colliers International... #prdmacquariepark #commercialrealestate

25.01.2022 An estimated $13.1B of development has been planned for the 2nd half of 2020 in #Sydney Metro, including a $6.2B contribution to infrastructure projects. $200M is allocated to the Macquarie University Innovation Hub. Source: PRD Affordable and Liveable Property Guide 2nd Half 2020... #prdmacquariepark

23.01.2022 Data compiled for May to October 2020 by realestate.com.au shows Sydney records seven of Australia’s top 10 suburbs in largest increases in listings for houses and eight of the top 10 spots for units and apartments. Local suburb Marsfield, one of the top five, recorded an upward surge of 136%. https://bit.ly/39vVVim... #realestate #forsale

21.01.2022 Under a NSW Government plan, stamp duty on new homes could be phased out. Adrian William director Adrian Tsavalas said removing stamp duty would stimulate the #property market and improve house prices. However, there is also the view that it could still make sense to pay stamp duty upfront in certain cases. According to the NSW Treasury, under the new tax an owner occupier would be potentially slugged $500 per year + 0.3 per cent of unimproved land value, while investors woul...d be taxed $1500 annually and 1 per cent of unimproved land value. Source: realestate.com.au http://bit.ly/3pK44FM

20.01.2022 Overall, REA September 2020 data reveals search volumes on realestate.com.au are higher than they were a year ago and price-filtered searches are also increasing. The volume of price-filtered searches for #Sydney properties in excess of $1 million increased by 250 basis points from a year ago to 40.7% from 38.2%. Source: realestate.com.au... http://bit.ly/38Uc6Ga #prdmacquariepark #property

20.01.2022 Seasonally adjusted data for October 2020 released by the Australian Bureau of Statistics shows an increase of 0.8% in the value of new owner occupier #loan commitments compared to the previous month. The value of both new home loan commitments for housing and owner occupier home loan commitments reached a record high and for owner occupier home loan commitments is more than 30% higher than October 2019.

20.01.2022 The Australian Bureau of Statistics indicated new loan commitments (seasonally adjusted figures) for housing rose 5.9% in September 2020: 6.0% for owner occupier and 5.2% in the case of investor loans. Owner occupier first home buyer loan commitments rose 6.0%. Approximately half of the rise in September’s owner occupier housing loan commitments was for the construction of new dwellings, consistent with low interest rates and government incentives. #prdmacquariepark #realestate #economy

19.01.2022 Australians are on average in the middle range at 36 years old when buying their #firsthome according to a new study by Money.co.uk. This study looked at the average age of a first home buyer across 25 countries. Iceland and Belgium both show the youngest average age for first home buyers at 27 years, while Switzerland holds the oldest average age at 48 years old. Source: money.co.uk... http://bit.ly/3n7bKjK #property

17.01.2022 Here are some tricks that can get you an edge in the #rentalproperty application process: 1. Be ready - before you inspect with your application. 2. Be organised and clear with your submission. 3. Dress smartly, looking like a model tenant.... 4. Add a cover letter - to include your circumstances and highlight why you will make a good tenant. 5. Talk yourself up get written references from former landlords or your employer or include mention of community work. 6. Foster a relationship with your agent. 7. Gently follow up with the agent or owner in a friendly way. http://bit.ly/3kDCd6o Source: realestate.com.au #prdmacquariepark

16.01.2022 ING’S Future Focus: Homeownership Report published at the height of the pandemic in Australia revealed 59% of millennials indicated they were redirecting their travel savings to reach #property goals. 36% were moving in with their parents to minimise spending and 35% said they would forgo future overseas holidays to buy their property. Compare this to 2017, when almost a third of 18 to 24 year olds with savings plans said they were prioritising their savings for travel over a... house deposit according to a Budget Direct survey. Source: realestate.com.au https://bit.ly/3qiOWQ5

14.01.2022 As part of a conveyance, a clearance certificate is required to be lodged with and processed by the Australian Taxation Office by Australian resident vendors for properties valued over $750,000. The certificate is to be supplied to the purchaser on or before the day of settlement to ensure no foreign resident capital gains withholding needs to be withheld from the sale of taxable Australian real #property. Vendors may either complete and lodge the form themselves, or have it... completed and lodged on their behalf by a third party such as a solicitor, an accountant, or a tax agent. Processing time by the ATO can take 28 days. http://bit.ly/2UuEOF5 #prdmacquariepark #taxation

13.01.2022 The latest REIA Housing Affordability Report for the last quarter reveals a ten-year high for #firsthome buyers and an overall improvement in housing affordability across Australia. Source: Real Estate Institute of Australia https://reia.asn.au//first-home-buyers-dominate-australia/... #property

12.01.2022 Fife Capital’s development York & George in Sydney won the award for Best Heritage Development at the 2020 Property Council of Australia/Rider Levett Bucknall Innovation and Excellence Awards. Colliers International were the exclusive selling agent for the 32-storey residential tower above a retail podium project, achieving 100% of pre-sale within 10 weeks of launch. Source: Colliers International... http://bit.ly/3m8EUhU #property

10.01.2022 Now is a perfect time to declutter and organise your home before Christmas and be ready for 2021. Studies show looking at an organised, clean space brings a sense of calm and clarity. Here are seven steps to get you started.... Source: realestate.com.au https://bit.ly/37uP8CU #homes #realestate

08.01.2022 REA reports latest data indicates a solid and rapid recovery in consumer sentiment. For the #property sector, there is likely to be strong sales volumes between now and the end of the year and earlier than normal into 2021. - Weekly consumer confidence rose 3.4%, at its highest level in more than eight months, according to ANZ-Roy Morgan - The Westpac-Melbourne Institute index results for November 2020 reached its highest level in seven years and its Time to Buy a Dwelling in...dex reached its highest level since November 2013 Source: realestate.com.au http://bit.ly/35Y8RLS #economy

05.01.2022 The Reserve Bank of Australia (RBA) enacted a range of monetary policy measures last week in a bid to provide extra support to the #economy as it recovers from a unique recession brought on by COVID-19. These measures are expected to have a positive multiplier effect on the #property market. The RBA forecasts that GDP growth is expected to be approximately 6.0% over the year to June 2021 and 4.0% in 2022.... Source: PRD Research https://bit.ly/35iYa6o

05.01.2022 A typical house in Sydney is now worth over $1m again, after a second consecutive month of price growth in November in the #property market according to CoreLogic’s November Home Value Index. CoreLogic head of residential research Eliza Owen said the market was bouncing back, spurred on by growing consumer confidence, fiscal policy and low interest rates. Several factors have impacted the apartment market. While a decline in values was experienced in November, values are only... 0.1% down from the start of 2020. Source: realestate.com.au http://bit.ly/36YGAW2

04.01.2022 The latest data up to 4 November 2020 released by the Australian Banking Association reveals that deferral loans are down by almost 70% since the peak earlier this year. Home loan deferrals by the seven largest banks are down to fewer than 145,000. The number of loans on hold is expected to fall further in coming weeks as more reach the end of their six-month deferrals.... Source: Australian Banking Association http://bit.ly/2J1clUO #realestate

04.01.2022 Median #property prices in #Sydney Metro increased by 7.2% for houses to $1,630,000 from 2019 to 2020 and increased by 3.2% for units to $795,000 looking at 1 January to 30 September according to the PRD Affordable and Liveable Property Guide 2nd Half 2020. This growth is in contrast to COVID-19 predictions and at the same time the current market is more affordable than in 2017 with confidence in the ongoing value of assets. Source: PRD Research... #prdmacquariepark

04.01.2022 Government has extended relief for commercial tenants in Australian States, with most measures set to continue into 2021. In NSW, a land tax relief package is aimed at supporting both tenants and landlords, where eligible commercial landlords can apply for a land tax concession of up to 50% of the 2020 calendar year, if they pass the savings on to their tenants by reducing their rent. A three-month deferral on outstanding land tax amounts is also available... Source: realcommercial.com.au http://bit.ly/3nQPASE #commercialrealestate

02.01.2022 Several factors, including all indicators pointing to economic growth in the September 2020 quarter, have led to November marking a turning point for the #economy and #property house prices. House prices are showing consistent growth across all capital cities and regional areas since July. Source: realestate.com.au... http://bit.ly/3meUcSm

01.01.2022 REA reports buy and lease search volumes for #commercialproperty year on year have increased nationally, 23% and 31% respectively, based on realcommercial.com.au data ending November 2020. The volume of buy searches dropped by 5% following unprecedented activity in October and there was a 5% seasonal decline for leases. Year on year:... - NSW experienced one of the largest increases, recording a 26% change in search volumes for leases - medical/consulting and land/development lease listings showed an increase of over 50%. https://bit.ly/3gM6Vd2 Source: Realcommercial.com.au