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Category: Property Real Estate

Victorians urged to vote for council candidates committed to affordable housing

By API User

Victoria’s peak body for community housing is urging residents voting in this month’s council elections to back candidates who support building more affordable housing in their communities. Community Housing Industry Association Victoria encourages residents to vote for candidates who: Champion social housing and are willing to confront community opposition to new social and affordable housing initiatives … Continued

The Ace Residences Bowral, Right-Sizing in The Southern Highlands

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The Ace Residences, the newest build of boutique development firm Mathieson Property, is now complete and purchasers are starting to move in. The Bowral project comes from the award-winning, development and investment firm that is headed by Alex Sicari, who was recently nominated as Developer of the Year 2024 for the Urban Developer Leader Awards. … Continued

Essential workers struggling to afford rents

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A new report revealing the unaffordability of housing for Australia’s essential workers underscores the urgent need for bold government action to end the crisis, Everybody’s Home said.   Released on Anti-Poverty Week (13-19 October), Anglicare’s special edition of the Rental Affordability Snapshot shows less than one percent of rentals are affordable for full-time workers in … Continued

New analysis exposes annual rent burden in capital cities

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New analysis reveals that renters living in Australia’s capital cities are spending on average nearly $15,000 more a year to rent a house since the pandemic. To kick off the first day of Anti-Poverty Week (13-19 October), Everybody’s Home has analysed SQM Research weekly asking rents data, showing the shocking annual rise in rents that … Continued

Urgent expansion of services needed for people with psychosocial disabilities at risk of homelessness

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October 10 2024 is World Homelessness Day and World Mental Health Day  A shocking number of Australians with psychosocial disabilities are struggling with unmet housing and support needs, prompting calls for an urgent expansion of services. People with psychosocial disability, cognitive impairments and complex behaviours are among the fastest-growing groups of users of homelessness services. … Continued

Mosaic Property Group Acquires Landmark Kangaroo Point Peninsula Site from Woolworths; Set to Deliver Luxury Residences and new Woolworths Supermarket

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Mosaic Property Group, a leading force in South East Queensland’s development landscape, has secured a prized 3,195 sqm mixed-use site at 25 Ferry Street, Kangaroo Point, from Woolworths. Acquired for an undisclosed sum, this prime site, vacant for over 30 years, represents a pivotal milestone as the first major development of notable scale on the … Continued

New proposal reimagines plans for Pyrmont Peninsula

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Animation: https://www.youtube.com/watch?v=mb2Sy45SFeQ   The City of Sydney is inviting community feedback on changes to planning rules on height and floor space in response to NSW Government plans for the Pyrmont and Ultimo area.   The draft proposal is open for community consultation until 13 November 2024 after the NSW Government gave its approval.   We consulted extensively … Continued

The Block 2024: Tax deductions surpass asking prices

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As The Block celebrates its 20th season, the transformation of a neglected resort in Cowes, Phillip Island, has created not just luxury homes but unparalleled investment opportunities. Investors are already eyeing these properties, not just for their prime location and design, but for the remarkable tax deductions that will surpass their asking prices. BMT Tax … Continued

LaTerra Appoints Ben Grosberg To Spearhead Capital Markets and Investor Relations, Reinforces Strategy To Buy Existing Multifamily, Self-Storage Assets

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Veteran Investment Executive Formerly with Australia’s Spotlight Group LOS ANGELES, CA / ACCESSWIRE / September 30, 2024 / LaTerra Development, a leading real estate investment and development company, has named Ben Grosberg to spearhead capital raising and investor relations to support its new strategy to buy existing multi-family and self-storage assets as well as ground-up … Continued