|December 2005||News Article|
Lyons development condemned
The ACT Greens feel that the redevelopment of Burnie Court in Lyons, ACT will disadvantage public tenants. There used to be 254 public units on the estate, close to Woden Town Centre.
Councils should be removed from planning: ICAC
Councils should be removed from the planning process because of corruption and conflicts of interest, according to the NSW Independent Commission Against Corruption.
Wollongong's residential facelift
Modern apartments will replace dilapidated shopfronts next to the Rydges Hotel in Wollongong under a proposal put to city council planners.
Sale of new homes static
The sales of new homes held largely steady in November as the cautiousness of buyers persisted, a reflection of a household sector that has pulled its head in quite a bit from the heady days of...
Development and building fees to be cut
Home-owners doing minor work, such as garages, sheds and pergolas, will save up to $1000 in fees under a plan made public today (December 16).
Belconnen residential tower site sold
A site for a residential site in Belconnen was sold today (Dec 14) for $5 million.
Renovation activity flattens
Renovations fell 4.1 per cent in the September quarter to $797 million, according to the Housing Industry Association quarterly Renovations Monitor published today (Dec 13).
Pressure off ACT-Queanbeyan land
The squeeze on land availability in the ACT and Queanbeyan is expected to come off now the ACT and NSW have signed a cross-border water agreement.
Economic conditions support property in 2006
Sound economic fundamentals and low interest rates will hold up the property market in 2006, according to Real Estate Institute of Australia president Tony Brasier today (Dec 9).
Woden's Sky Plaza 96 per cent sold
The $71 million 164-apartment Sky Plaza has been 96 per cent sold, according to Planning Minister Simon Corbell.
Township of 4000 near Jervis Bay
A town for 4000 people is to be built from scratch near Sussex Inlet.
Interest rates stay on hold
Interest rates will remain on hold with the cash rate at 5.5 per cent, the Reserve Bank announced today (Dec 7) after its board meting yesterday.
Lending for new homes on the rise
Demand for new housing has picked up, according to Australian Bureau of Statistics figures released today (Dec 6).
Bridge re-opening sparks property interest
The reopening of the Sea Cliff Bridge in the northern Illawarra has sparked renewed interest in property.
Growth in home size ceases
The size of new dwellings has virtually stopped increasing, according to a study released today (Dec 1).