Property

After nine years, Govt approves Council’s plan for Parramatta CBD expansion

THE NSW state government has given the City of Parramatta Council’s plan to expand boundaries and building height limits to support a growing population in Sydney’s west. The government’s approval comes after nine years, with the Parramatta CBD Planning Proposal in the works since 2013. The plan will see the boundaries of the Parramatta CBD …

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Nearing the end of the cycle: Record levels of office tenancy

PARRAMATTA received record levels of office tenant activity in 2021, softening the increase in vacancies as large levels of new supply come online. Positive net absorption of 68,000 sqm was recorded in the December quarter by JLL, the strongest quarterly result since the firm began tracking the market in 1990, driven by strong pre-commitment levels …

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North Parramatta units still a popular choice among investors

PROPERTY | DALLAS SHERRINGHAM NORTH Parramatta units are still a popular choice amongst real estate investors in 2021 according to a survey of the top 50 postcodes in NSW. The suburb came in 36th in the top 50 ranked areas with investment unit values in the 2151 postcode growing by 72.2% during the past decade. …

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Jarryd Hayne instructs agent to put his Parramatta apartment on the market

Hayne’s Parramatta apartment for sale PARRAMATTA’S fallen NRL idol Jarryd Hayne may be in jail, but it hasn’t stopped him from tinkering with his property portfolio that was once valued at $5M. Jarryd has given instructions from his prison cell for agents to sell one of his remaining investment apartments at Parramatta, according to a …

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FIVE KEY TRENDS FOR PROPERTY: Why 2021 is tipped to be great year

EVERY year is tipped to be a “great year” for property in Sydney, and that’s definitely been true in recent years, but 2021 is looking especially rosy for this vital sector of the city’s economy. Experts predict we are at the beginning of a new property cycle, with all the pieces of the ‘boom’ puzzle …

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