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September 2004 News Article
30 September Residential land at Bruce sells for $16.6m
Two lots of land – allowing for a total of about 160 blocks – in Central Bruce sold today (Sept 29) for a total of $16.6 million.
30 September New home sales down 25% in a year
New homes sales fell in August to a level 25 per cent lower than that of twelve months earlier.
28 September Loans for energy changes to houses
Canberra householders will be able to get government loans for housing modifications which provide energy and water savings, reduce greenhouse emissions and improve the quality of Canberra's housing stock, under a Liberal plan announced today (Sept...
24 September Housing debt worries Reserve Bank
The Reserve Bank of Australia expressed concern today (Sept 23) over record household debt caused by the recent housing boom.
24 September Vendor must complete sale, Supreme Court rules
An auctioneer’s call that a property is “on the market” means that the seller is bound to accept the highest bid, the Supreme Court ruled today (Sept 24).
22 September Labor to cut 40 per cent of NCA funding
Federal Labor is to cut 40 per cent of the funding of the National Capital Authority under a plan announced by Labor's Territories spokesman Kerry O'Brien.
20 September New plan for lake and eastern city
A multi-million dollar plan to revitalise the area along Constitution Avenue east of the city down to the lake will be made public by the National Capital Authority after the ACT election it was revealed today...
20 September Housing industry to take breath: HIA
The industry will take a breath for the next two years before bouncing back in 2007, according to the Housing Industry Association.
17 September Call for interest in Kingston harbour project
The Land Development Agency called for expressions of interest today (Sept 12) for a project to redevelop Kingston harbour.
15 September Libs will axe A10 core residential areas
The Liberal Party would scrap the A10 core residential areas that allow for denser development around suburban shopping centres, David Kibbey, Liberal Candidate for Molonglo, said today (Sept 15).
15 September Index stamp duty, Libs say
Stamp duty should be indexed to take account of rising land values, according to the ACT Liberal Party.
14 September Price records fall in two suburbs
Price records for Lyneham and Rivett fell in the past week (week ending Sept 14).
13 September Residential core areas changed
The residential core areas – which allow for higher density development – will be changed in Griffith, Garran, Narrabundah, Yarralumla and Hackett.
13 September Renovation spending down
Spending on renovations fell 5.8 per cent in the June quarter, according to the latest Housing Industry Association survey.
10 September Holder shops gets upgrade
A $500,000 upgrade of Holder shops was openned today (Sept 9) by ACT Planning Minister Simon Corbell.
10 September $60m residential project at town centre
The development of the $60 million Greenway Waters medium density residential project - - a first for the Tuggeranong Town Centre – was launched today (September 9).
9 September ACT gets CSIRO site for 1000 homes
The ACT has bought 133 hectares of Commonwealth land which it will put to housing.
8 September Interest rates stay unchanged
Interest rates will stay unchanged, the Reserve Bank announced today (Sept 8).
7 September NSW vendor tax a goose killer.
The NSW Government has killed the goose that laid the golden eggs with its new vendor tax.
7 September ACT rents fall, vacancy rate up
The median weekly rent for a three-bedroom house fell by 3.3 per cent in the June quarter to $290, according to Real Estate Institute figures published today (Sept 7).
7 September Standards for apartments tightened
New design standards for apartments in the ACT are on the way.
6 September Public housing rents go up 8 per cent
Rents for public housing will go up an average of 8 per cent from October 1, the Acting Minister for Disability, Housing and Community Services, Katy Gallagher, said today (Sept 6).
6 September 223 new open space areas to get protection
223 new areas of undeveloped or open areas around the city have been recommended for protection under a new variation to the Draft Territory Plan.
3 September Prime sites up for grabs
Three prime sites are up for redevelopment.
2 September Canberra house prices down 3.3 per cent
House prices in Canberra fell 3.3 per cent in the June quarter, according to figures released today (Sept 1) by the Australian Bureau of Statistics.
1 September Home affordability declines for ninth successive quarter
Australian home loan affordability declined in June for the ninth successive quarter to its lowest level since 1990, according to the AMP/REIA Home Loan Affordability Report released today (Aug 31).
1 September Prices down, but affordability in ACT worst on record
Home-loan affordability is the lowest on record in the ACT.