Posts Tagged ‘General Real Estate market news’

State-wide outdoor smoking bans to change the layout of pubs, cafes and clubs

New smoking laws for outdoor dining venues came into effect on the 6th of July 2015 affecting clubs, hotels, cafes and food fairs. The new law bans smoking within 4 metres of a pedestrian entry or exit of a hospitality venue; therefore creating ‘the 4 metre law’ (NSW Government). Penalties of not abiding by this […]

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Looking Behind the Headline Figure

Whilst there are a number of houses in Sydney selling for over $1million, and is considered one of the most expensive market to purchase a house in Australia, the headlined median price of $930,000 does not necessarily apply to the overall Sydney market. The headline median price reflected the average price of houses that was […]

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Preston Rowe Paterson sponsors the 2015 PFA Annual Conference

We are proud sponsors of the 2015 Property Funds Association (PFA) Annual Conference to be held in Cairns from the 3rd – 5th May. The conference is open to members and non-members, and entails a number of networking events plus the opportunity to hear key speakers address property related matters. Key speakers for the conference […]

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PEXA has revolutionised property settlement

Buying and selling property electronically is now a reality for Australian Property Lawyers and Conveyancers with Australia’s first national e-Conveyancing network, Property Exchange Australia (PEXA). Today, PEXA launched full functionality in New South Wales, with the ability to complete property transfers online. The introduction of electronic conveyancing in Australia is the biggest industry reform for […]

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Good news for developers and builders as the NSW Government announces new approval pathways for residential properties

The NSW Government announced a considerable reduction in the minimum size for housing lots in Sydney’s outer growth suburbs, effective immediately. The standard minimum lot size of 250 square metres will still apply, and where close to transport and town centres lot sizes may be further reduced to 125 square metres (SMH). The Sydney Morning […]

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