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Why it's better to rent in Sydney or Melbourne and buy in another capital city, regional area - Vimarsana News

Why it's better to rent in Sydney or Melbourne and buy in another capital city, regional area

Australians who can't afford Sydney house advised to buy house in another city Median house price of $1.112million beyond reach of average income earners  Someone earning $89,000 a year could afford a $500,000 Sydney apartment But apartments don't have the same capital growth as a house with a backyard House in city like Brisbane or Adelaide near the CBD would have capital growth Provincial regional centres had 40 per cent house price growth in five years 

Hillsong in $20m unholy apartment block war - Vimarsana News

Hillsong in $20m unholy apartment block war

The owners of almost 300 Sydney apartments have joined forces to take on megachurch Hillsong and a construction firm in a $20 million compensation claim over allegedly botched building works. Angry owners in Rosebery's Otto apartments have gathered in NSW Supreme Court to sue builder Icon Construction Australia and developer Sydney Christian Life Centre, a Hillsong property arm. The Otto apartments at Rosebery, at the centre of a Supreme Court case. Picture: Richard Dobson Icon Construction Australia, which hired the same company that built the cracked Opal Tower to work on the complex, ...

How did the Opal Tower developer land a fresh $64m project? - Vimarsana News

How did the Opal Tower developer land a fresh $64m project?

The North Sydney Olympic Pool has spectacular views, a rich history, and plenty of controversy. The facility became the face of government rorting last year when local mayor Jilly Gibson insisted on national television that the pool -- perched under the Sydney Harbour Bridge -- was “a regional facility” and therefore deserving of a $10 million grant earmarked for female change rooms in rural areas. Now the council has followed up that controversy with a brand new one. As The Sydney Morning Herald revealed this week, it has handed the contract for the pool’s redevelopment to Icon, the c...

Opal Tower builder chosen to redevelop historic North Sydney Olympic Pool - Vimarsana News

Opal Tower builder chosen to redevelop historic North Sydney Olympic Pool

The construction company that built the cracked Opal Tower has won the $64 million contract for the redevelopment of the historic North Sydney Olympic Pool, leading to concerns it would not be able to properly handle the complexity of the heritage site.

Source: smh.com.au
[Podcast] Corrs High Vis Episode 46: Corrs Projects Update Q4 2020 - Real Estate and Construction - Vimarsana News

[Podcast] Corrs High Vis Episode 46: Corrs Projects Update Q4 2020 - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. In our latest Corrs High Vis podcast, David Hastie, Lachlan Tassell and Wayne Jocic discuss three recent cases concerning rectification, delay and the assessment of damages and unlicensed building work. Corrs High Vis is a series of podcasts, offering insight and analysis into the Australian construction industry. Presented by Corrs Chambers Westgarth, it considers the issues that really matter to professionals in this ever-evolving industry. These podcasts do not provide legal or other adv...

Source: mondaq.com