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‘Staggering’: Sydney vacancies reach record highs

July 10, 2020Grace Ormsby

COVID-19 is continuing to wreak havoc on vacancy rates in Sydney, with vacancies up for the fourth consecutive month. ...

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top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

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Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
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EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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State of Markets – ACT October 2012

01 October 2012 Reporter

Essential information, plus expert insight on what is shaping the national property market...

AUSTRALIAN CAPITAL TERRITORY

Fast figures

  • 1.4%: Vacancy rate in Canberra (SQM Research)
  • 10.41%: Average annual growth, Canberra houses (RP Data)
  • $475: Average rent (houses) in Cook (RP Data)

Inner North Canberra development a step closer
A master plan for a significant development in Canberra has been submitted to the government, taking the project a step closer to realisation.

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Revamping Northbourne Flats in Braddon and Turner will triple the number of existing units on the site to nearly 900, as well as add communal facilities.

ACT community services minister Joy Burch said the planned extension was a “high quality urban design”.

“This is an important milestone in a major infrastructure project for the ACT Government that will see a substantial increase in housing stock in the Inner North, and provide a fitting gateway for the entry to our city,” Ms Burch said.

“The first development application for stage one is expected to be submitted next month, which will clear the way for the start of the sale of the first development package.”

Scullin Shops upgrade now complete
A $1.12 million upgrade to Scullin Shops was recently opened by education minister Chris Bourke.

“The $1.12 million upgrade of Scullin Shops has revitalised the public space, giving locals and traders a more attractive, interesting, safe and more accessible local centre,” Minister Bourke said.

“Community feedback in recent years has shown people place great value on their local shops at the heart of their communities. I know that Scullin residents have been keen to see this upgrade revitalise their shops.”

Features of the upgrade include new street furniture, landscaping works, upgrades to paving and lighting, improved stormwater drainage, a new toilet block and a new playground.

Many suggestions from locals and traders are included in the final design.

State of Markets – ACT October 2012
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