Real Estate Survey Sydney

 Hi Everyone, A good way to make your commercial property appealing to tenants and buyers to get a better price is to add value. Many investors do this to get a high return on investment and it is possible with commercial real estate. All you need to do is to identify an old property in a good location and then do a complete makeover to make it appealing to renters and buyers. The building should have all the modern capabilities and sustainability features that make it at par with other high-end buildings in the vicinity. Its rental area can also be increased. Here is an article that will help you understand this well.  https://www.commercialproperty2sell.com.au/blog/2023/03/how-to-add-value-to-your-commercial-investmen.php

 Veteran art dealer Denis Savill is having trouble putting his retirement plans into practice, despite formally announcing he was bowing out seven years ago, and selling his famous Paddington art gallery in 2021 for $5.3 million to Amber Symond. On Wednesday Savill listed a masterpiece by New Zealand artist Charles Frederick Goldie of a portrait of an elderly Maori chieftainess estimated at $1.1 million to $1.5 million, and the next day he went to Elizabeth Bay and bought a sub-penthouse in the Kincoppal building for $8.8 million. Read More: https://www.smh.com.au/property/news/drinking-a-scotch-with-a-harbour-view-veteran-art-dealer-s-8-8-million-property-buy-20230324-p5cuyq.html

 If you are fortunate enough to try to enter Australia's property market, you have come across its gatekeepers – real estate agents. You may have suspected price guides were being lowballed, been promised the world by an agent, or felt like you were outright misled. Four Corners has spoken to more than 100 people — real estate agents, property professionals, buyers and sellers — as part of a crowdsourced investigation into the sector. Read More: https://www.abc.net.au/news/2023-03-27/real-estate-agents-reveal-secret-tactics-of-industry-/102133830

 An entire beachside apartment block in Tamarama sold for $13 million at auction on Saturday to a buyer who plans to knock it down. The unison of the owners of four unrenovated two-bedroom apartments at 19 Dellview Street meant any buyer could demolish and rebuild. Interested parties were developers with knockdown-rebuild plans, two friends who wanted to build a house each and somebody who wanted to rent it out as is. Four parties registered to bid and two actively bid in aggressive $500,000 increments. Bidding opened at $8.8 million and the auction was all over in five minutes in front of a crowd of 50. Read More: https://www.smh.com.au/property/news/tamarama-owners-cash-in-on-13-million-beachside-auction-sale-20230325-p5cv82.html

 Hello friends, A house move is challenging and stressful, as you have to manage various tasks within a stipulated time. Among these things sorting your furniture is a serious one and you need to donate it responsibly. Otherwise, these things can end up in landfills because Australia has a waste management and recycling problem. Thus, don’t contribute to it. Give away furniture in good condition. To send them to a reputable and reliable place, here is a complete guide outlining organisations to donate furniture in Sydney and schedule a free pick-up. So, keep reading to know more. https://www.betterremovalistssydney.com.au/6-charities-in-sydney-that-offer-free-furniture-pickup/

 Veteran investment banker Tim Burroughs and his wife Judith will likely remember this Tuesday as a momentous one: his appointment to the board of Westpac was announced to the ASX at the same time as the couple’s Bellevue Hill home, Monkton, was sold. The appointment of the former chair of investment banking at Goldman Sachs Australia was announced by chairman John McFarlane, and Burroughs is expected to take up the role in March. He’ll serve alongside Lendlease chair Michael Ullmer, to replace former directors Steven Harker and Peter Marriott. Read More: https://www.smh.com.au/property/news/burroughs-scores-30-million-for-bellevue-hill-home-after-taking-westpac-board-seat-20230228-p5co4d.html

 Renting and buying in the Harbour City has never been less affordable, but the solutions to the deepening crisis could be staring us right in the face. The world's largest cities all tackle high housing costs and land shortages, but urban planners say Sydney is stuck in the past and unwilling to try proven solutions. Rents are at record highs, buyers are seeing historically low listings, and increased migration is squeezing the market. Read More: https://www.abc.net.au/news/2023-02-28/global-cities-housing-solution-could-help-sydney-crisis/102028962

 A lack of properties for sale and the first rise in Sydney home prices in more than a year have stabilised real estate values across the nation. CoreLogic's Hedonic Home Value Index has recorded its smallest fall since interest rates started rising in May last year, at just 0.1 per cent for February. The rival PropTrack index, using a slightly different methodology, is even more upbeat, recording a 0.2 per cent bounce in home prices nationally last month. Both data providers say Sydney house prices drove the national result, with CoreLogic finding that they rose for the first time since January 2022, with a 0.3 per cent monthly gain. Read More: https://www.abc.net.au/news/2023-03-01/house-price-declines-ease-in-february-with-sydney-posting-rise/102033596