CHINA overtakes US in Rankings of World’s Richest People

China overtakes US in rankings of world’s richest people

Credit Suisse survey shows Brexit effect has reduced number of UK millionaires by 27,000

Rupert Neate Wealth correspondent @RupertNeate

Wed 23 Oct 2019 

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A woman shops in a Louis Vuitton store in downtown Shanghai.
 A woman shops in a Louis Vuitton store in downtown Shanghai. Photograph: Carlos Barria/Reuters

The number of wealthy Chinese people has overtaken the number of rich Americans for the first time, according to a report by Credit Suisse.

The bank’s annual wealth survey found there were 100 million Chinese people among the world’s top 10% of richest people, compared with 99 million in the US.

The report says the “rapid transformation of China from an emerging nation in transition to a fully fledged market economy” helped create a record number of rich people.

“Despite the trade tension between the United States and China over the past 12 months, both countries have fared strongly in wealth creation, contributing $3.8tn and $1.9tn respectively,” said Nannette Hechler-Fayd’herbe, the global head of economics and research at the Swiss bank.

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Personal savings of $109,430 (£83,630) are required to be part of the top 10% of the world’s richest people. While China has overtaken America at this level, the US is still ahead when it comes to the super-rich, accounting for 40% of the world’s millionaires.

The number of dollar millionaires in the US increased by 675,000 last year to 18.6 million. This means about one in 14 adults in America is a millionaire.

In China, there are 4.4 million millionaires, an increase of 158,000 on 2018, according to the report, and 10% of the global total. There are an estimated 1.1 billion adults in China.

The Brexit-led decline in the value of the pound caused the number of UK millionaires to drop by 27,000 to 2.46 million. The UK held on to fourth place in the global league table behind the US, China and Japan with 3 million millionaires – 5% of the global total.

Commenting on the UK, the authors of the report said: “The outlook is now uncertain, with future prospects depending very much on what happens in terms of Brexit.

“Our estimates indicate a rise of 2.2% in wealth per adult from the end of 2018 to mid-2019. However, both the stock market and exchange rate showed increased volatility over the summer, reflecting the heightening of Brexit worries.”

Across the world, a further 1.1 million people joined the millionaire club taking the total to 46.8 million. Collectively, they own $158.3tn in net assets, 44% of the global total.

The report estimates 55,920 adults are worth at least $100m and 4,830 have net assets above $500m. Net assets are defined as realisable savings minus debts and does not include the value of property.

Credit Suisse forecast global wealth – which increased by 2.6% over the past year – would rise by 27% over the next five years to $459tn by 2024. The number of millionaires is expected to grow over this period to almost 63 million.

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Anthony Shorrocks, an economist and author of the report, said: “With almost two decades of data at our disposal, we can see two distinct phases of wealth growth. The century began with a ‘golden age’ of robust and inclusive wealth creation. But wealth growth collapsed during the financial crisis and growth never recovered to the level experienced earlier.Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk

“There was a seismic change at the time of the financial crisis, when China and other emerging market economies took over as the engine of wealth creation. Meanwhile, the United States has maintained an astonishing 11-year spell of increasing wealth per adult.”

The report says millennials – those born between the early 1980s and the late 90s – are the least well-off age group.

The report says: “Not only were they hit at a vulnerable age by the global financial crisis, its associated recession and the poor job prospects that followed, but they have also been disadvantaged in many countries by high house prices, low interest rates and low incomes, making it difficult for them to buy property or accumulate wealth.

“Studies in several countries have indicated that the millennials can expect to be worse off than their parents.”

SOURCE: https://www.theguardian.com/business/2019/oct/21/china-overtakes-us-in-rankings-of-worlds-richest-people

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Displaying 1 – 16 of 1296 projects.

The Rathbone - 23-47 Flinders Street, Surry Hills

APARTMENTS FOR SALEResidential   28 residences

The Rathbone – 23-47 Flinders Street, Surry Hills

Registration and SalesSurry Hills, NSW

The Siding - 287-309 Trafalgar Street, Petersham

APARTMENTS FOR SALEResidential   357 residences

The Siding – 287-309 Trafalgar Street, Petersham

Registration and SalesPetersham, NSW

Kew Norwest - 23-27 Schofields Road, Schofields

APARTMENTS FOR SALEResidential   650 residences

Kew Norwest – 23-27 Schofields Road, Schofields

Registration and SalesSchofields, NSW

The Langston Tower - 12-22 Langston Place, Epping

APARTMENTS FOR SALEResidential   192 residences

The Langston Tower – 12-22 Langston Place, Epping

Under ConstructionEpping, NSW

South Quarter - 57-83 Church Street, Parramatta

APARTMENTS FOR SALEResidential, Commercial   777 residences

South Quarter – 57-83 Church Street, Parramatta

Registration and SalesParramatta, NSW

The Greens - 84 Centenary Drive, Strathfield

APARTMENTS FOR SALEResidential   178 residences

The Greens – 84 Centenary Drive, Strathfield

Under ConstructionStrathfield, NSW

Stella on Hannell - 38 Hannell Street, Wickham

APARTMENTS FOR SALEResidential   149 residences

Stella on Hannell – 38 Hannell Street, Wickham

Under ConstructionWickham, NSW

King & Phillip - 148-160 King Street, Sydney

APARTMENTS FOR SALEResidential   127 residences

King & Phillip – 148-160 King Street, Sydney

Under ConstructionSydney, NSW

Newmarket Residences at Newmarket Randwick - 1 Young Street, Randwick

APARTMENTS FOR SALEResidential, Retail   128 residences

Newmarket Residences at Newmarket Randwick – 1 Young Street, Randwick

Under ConstructionRandwick, NSW

Pavilions - 2 Figtree Drive, Sydney Olympic Park

APARTMENTS FOR SALEResidential   696 residences

Pavilions – 2 Figtree Drive, Sydney Olympic Park

Under ConstructionSydney Olympic Park, NSW

The Banks - 15 Bay Street, Rockdale

APARTMENTS FOR SALEResidential   365 residences

The Banks – 15 Bay Street, Rockdale

Registration and SalesRockdale, NSW

The Linden - 134-146 Linden Street, Sutherland

APARTMENTS FOR SALEResidential   62 residences

The Linden – 134-146 Linden Street, Sutherland

Under ConstructionSutherland, NSW

8 Phillip Street - 2-10 Phillip Street, Parramatta

APARTMENTS FOR SALEResidential, Retail, Hotel   314 residences

8 Phillip Street – 2-10 Phillip Street, Parramatta

Registration and SalesParramatta, NSW

Marrick & Co - Corner of Livingstone and Marrickville Road, Marrickville

APARTMENTS FOR SALEResidential   225 residences

Marrick & Co – Corner of Livingstone and Marrickville Road, Marrickville

Under ConstructionMarrickville, NSW

The Foundry - 32-34 Shepherd Street, Liverpool

APARTMENTS FOR SALEResidential   198 residences

The Foundry – 32-34 Shepherd Street, Liverpool

Registration and SalesLiverpool, NSW

West End - 6 Elger Street, Glebe

APARTMENTS FOR SALEResidential   231 residences

West End – 6 Elger Street, Glebe

Under ConstructionGlebe, NSW

Atrium - 19 Atkinson street, Liverpool

APARTMENTS FOR SALEResidential, Retail   134 residences

Atrium – 19 Atkinson street, Liverpool

Under ConstructionLiverpool, NSW

Lunar Jannali - 17-23 Mitchell Avenue, Jannali

APARTMENTS FOR SALEResidential   64 residences

Lunar Jannali – 17-23 Mitchell Avenue, Jannali

Registration and SalesJannali, NSW

Cascade Gardens - 2-8 Pymble Avenue, Pymble

APARTMENTS FOR SALEResidential   102 residences

Cascade Gardens – 2-8 Pymble Avenue, Pymble

Registration and SalesPymble, NSW

Castle Residences - 203 Castlereagh Street, Sydney

APARTMENTS FOR SALEResidential, Hotel   131 residences

Castle Residences – 203 Castlereagh Street, Sydney

Under ConstructionSydney, NSW

Concerto - 228 Pitt Street, Merrylands

APARTMENTS FOR SALEResidential

Concerto – 228 Pitt Street, Merrylands

Registration and SalesMerrylands, NSW

Highline - 164 Hawkesbury Road Westmead

COMING SOONResidential   556 residences

Highline – 164 Hawkesbury Road Westmead

Registration and SalesWestmead, NSW

655 King - 641-657 King Street, Newtown

APARTMENTS FOR SALEResidential   62 residences

655 King – 641-657 King Street, Newtown

Registration and SalesNewtown, NSW

Marmont - 319 New South Head Road, Double Bay

APARTMENTS FOR SALEResidential   8 residences

Marmont – 319 New South Head Road, Double Bay

Under ConstructionDouble Bay, NSW

Maison - 33-37 Mentmore Avenue, Rosebery

APARTMENTS FOR SALEResidential

Maison – 33-37 Mentmore Avenue, Rosebery

Registration and SalesRosebery, NSW

Woolooware Bay Crest - 471 Captain Cook Drive, Woolooware

APARTMENTS FOR SALEResidential   118 residences

Woolooware Bay Crest – 471 Captain Cook Drive, Woolooware

Registration and SalesWoolooware, NSW

Arkadia - 18 Huntley Street, Alexandria

APARTMENTS FOR SALEResidential

Arkadia – 18 Huntley Street, Alexandria

Under ConstructionAlexandria, NSW

Octavia Killara - 6A-8 Buckingham Road, Killara

APARTMENTS FOR SALEResidential   43 residences

Octavia Killara – 6A-8 Buckingham Road, Killara

Registration and SalesKillara, NSW

Ryde Garden - 27-37 Delhi Road, North Ryde

APARTMENTS FOR SALEResidential, Retail   830 residences

Ryde Garden – 27-37 Delhi Road, North Ryde

Registration and SalesNorth Ryde, NSW

Veridian - 254 Railway Parade, Kogarah

APARTMENTS FOR SALEResidential   220 residences

Veridian – 254 Railway Parade, Kogarah

Under ConstructionKogarah, NSW

North Residences - 9-13 Goulburn Street, Liverpool

APARTMENTS FOR SALEResidential   101 residences

North Residences – 9-13 Goulburn Street, Liverpool

Registration and SalesLiverpool, NSW

Tilia by Poly - 3-5 Milray Street, Linfield

APARTMENTS FOR SALEResidential   68 residences

Tilia by Poly – 3-5 Milray Street, Linfield

Registration and SalesLinfield, NSW

Altessa - 888 Pacific Highway, Gordon

APARTMENTS FOR SALEResidential   144 residences

Altessa – 888 Pacific Highway, Gordon

Registration and SalesGordon, NSW

Atmosphere - 299-309 Old Northern Road, Castle Hill

APARTMENTS FOR SALEResidential

Atmosphere – 299-309 Old Northern Road, Castle Hill

Under ConstructionCastle Hill, NSW

Aqualuna - 30 Alfred Street, Milsons Point

APARTMENTS FOR SALEResidential   63 residences

Aqualuna – 30 Alfred Street, Milsons Point

Under ConstructionMilsons Point, NSW

The Flour Mill - 16 Flour Mill Way, Summer Hill

APARTMENTS FOR SALEResidential

The Flour Mill – 16 Flour Mill Way, Summer Hill

Under ConstructionSummer Hill, NSW

Altitude - 28 Second Avenue, Blacktown

APARTMENTS FOR SALEResidential, Commercial   106 residences

Altitude – 28 Second Avenue, Blacktown

Registration and SalesBlacktown, NSW

Central Park Wonderland - 81 O'Connor Street, Chippendale

APARTMENTS FOR SALEResidential

Central Park Wonderland – 81 O’Connor Street, Chippendale

Registration and SalesChippendale, NSW

Imperial - 23-32 Treacy Street, Hurstville

APARTMENTS FOR SALEResidential   227 residences

Imperial – 23-32 Treacy Street, Hurstville

Under ConstructionHurstville, NSW

Le Papillon - 377 New South Head Road, Double Bay

APARTMENTS FOR SALEResidential

Le Papillon – 377 New South Head Road, Double Bay

Registration and SalesDouble Bay, NSW

The Peak - 337 Beamish Street, Campsie

APARTMENTS FOR SALEResidential

The Peak – 337 Beamish Street, Campsie

Registration and SalesCampsie, NSW

Asha - 114-116 Great Western Highway, Westmead

APARTMENTS FOR SALEResidential

Asha – 114-116 Great Western Highway, Westmead

Under ConstructionWestmead, NSW

Woolooware Bay - 475A Captain Cook Drive, Woolooware

APARTMENTS FOR SALEResidential, Commercial   770 residences

Woolooware Bay – 475A Captain Cook Drive, Woolooware

Registration and SalesWoolooware, NSW

Teneo - 11-15 Ralph Street, Alexandria

APARTMENTS FOR SALEResidential   61 residences

Teneo – 11-15 Ralph Street, Alexandria

Registration and SalesAlexandria, NSW

The Lennox - 333 Church Street, Parramatta

APARTMENTS FOR SALEResidential   441 residences

The Lennox – 333 Church Street, Parramatta

Under ConstructionParramatta, NSW

Shepherds Bay - 6 Nancarrow Avenue, Meadowbank

APARTMENTS FOR SALEResidential

Shepherds Bay – 6 Nancarrow Avenue, Meadowbank

Under ConstructionMeadowbank, NSW

The Orchards - 47 Spurway Drive, Baulkham Hills

APARTMENTS FOR SALEResidential   330 residences

The Orchards – 47 Spurway Drive, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Palisade - 6-18 University Road, Miranda

APARTMENTS FOR SALEResidential   197 residences

Palisade – 6-18 University Road, Miranda

Under ConstructionMiranda, NSW

Tailor's Walk - 55 Wilson Street, Botany

APARTMENTS FOR SALEResidential   435 residences

Tailor’s Walk – 55 Wilson Street, Botany

Under ConstructionBotany, NSW

The Rondure - 5-7 Higherdale Avenue, Miranda

APARTMENTS FOR SALEResidential   38 residences

The Rondure – 5-7 Higherdale Avenue, Miranda

Registration and SalesMiranda, NSW

Grand - 299 Old Northern Road, Castle Hill

APARTMENTS FOR SALEResidential   962 residences

Grand – 299 Old Northern Road, Castle Hill

Registration and SalesCastle Hill, NSW

Embassy Tower - 1-13 Marshall Avenue, St Leonards

APARTMENTS FOR SALEResidential   264 residences

Embassy Tower – 1-13 Marshall Avenue, St Leonards

Under ConstructionSt Leonards, NSW

Leah - 586-592 Mowbray Road, Lane Cove

APARTMENTS FOR SALEResidential   51 residences

Leah – 586-592 Mowbray Road, Lane Cove

Under ConstructionLane Cove, NSW

Camellia - 83 Balmoral Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Camellia – 83 Balmoral Road, Kellyville

Under ConstructionKellyville, NSW

Opera Merylands - 224-240 Pitt Street, Merrylands

APARTMENTS FOR SALEResidential   1200 residences

Opera Merylands – 224-240 Pitt Street, Merrylands

Registration and SalesMerrylands, NSW

Coco Collection - 5-13 Rosebery Avenue, Rosebery

APARTMENTS FOR SALEResidential   189 residences

Coco Collection – 5-13 Rosebery Avenue, Rosebery

Registration and SalesRosebery, NSW

Jolyn Place -105 Dalmeny Avenue, Rosebery

APARTMENTS FOR SALEResidential   738 residences

Jolyn Place -105 Dalmeny Avenue, Rosebery

Registration and SalesRosebery, NSW

Eighty Eight - 88 Christie Street, St Leonards

APARTMENTS FOR SALEResidential   654 residences

Eighty Eight – 88 Christie Street, St Leonards

Under ConstructionSt Leonards, NSW

Marsden Central - 264 South Street, Marsden Park

APARTMENTS FOR SALEResidential   240 residences

Marsden Central – 264 South Street, Marsden Park

Registration and SalesMarsden Park, NSW

The Banc Bankstown - 192 Stacey Street, Bankstown

APARTMENTS FOR SALEResidential   131 residences

The Banc Bankstown – 192 Stacey Street, Bankstown

Under ConstructionBankstown, NSW

Charlie Parker - 12a Parkes Street, Harris Park

APARTMENTS FOR SALEResidential   111 residences

Charlie Parker – 12a Parkes Street, Harris Park

Registration and SalesHarris Park, NSW

Graceview - 9 Eastern Road, Turramurra

APARTMENTS FOR SALEResidential   42 residences

Graceview – 9 Eastern Road, Turramurra

Under ConstructionTurramurra, NSW

The Mason - 27-35 Punchbowl Road, Belfield

APARTMENTS FOR SALEResidential   115 residences

The Mason – 27-35 Punchbowl Road, Belfield

Registration and SalesBelfield, NSW

Discovery Point - 8 Brodie Spark Drive, Wolli Creek
Discovery Point - 8 Brodie Spark Drive, Wolli Creek

APARTMENTS FOR SALEResidential   1500 residences

Discovery Point – 8 Brodie Spark Drive, Wolli Creek

Registration and SalesWolli Creek, NSW

The Boulevard - 93 Caddies Boulevard, Rouse Hill

APARTMENTS FOR SALEResidential

The Boulevard – 93 Caddies Boulevard, Rouse Hill

Under ConstructionRouse Hill, NSW

East Square - 256-280 Coward Street, Mascot

APARTMENTS FOR SALEResidential   187 residences

East Square – 256-280 Coward Street, Mascot

Under ConstructionMascot, NSW

The Benson - 33 Newcastle Street, Rose Bay

APARTMENTS FOR SALEResidential

The Benson – 33 Newcastle Street, Rose Bay

Registration and SalesRose Bay, NSW

Harbour Village - 6-8 Baywater Drive, Wentworth Point

APARTMENTS FOR SALEResidential, Retail   398 residences

Harbour Village – 6-8 Baywater Drive, Wentworth Point

Registration and SalesWentworth Point, NSW

West Village - 100 Church Street, Parramatta

APARTMENTS FOR SALEResidential   390 residences

West Village – 100 Church Street, Parramatta

Under ConstructionParramatta, NSW

The Harrington Collection - 75-85 Harrington Street, The Rocks

APARTMENTS FOR SALEResidential   58 residences

The Harrington Collection – 75-85 Harrington Street, The Rocks

Registration and SalesThe Rocks, NSW

Ed.Square - 1 Campbelltown Road, Edmondson Park

APARTMENTS FOR SALEResidential   1800 residences

Ed.Square – 1 Campbelltown Road, Edmondson Park

Registration and SalesLiverpool, NSW

Marina Square II - Burroway Road, Wentworth Point

APARTMENTS FOR SALEResidential   370 residences

Marina Square II – Burroway Road, Wentworth Point

Under ConstructionWentworth Point, NSW

Macquarie Park Village - 1 Mooltan Avenue, Macquarie Park

APARTMENTS FOR SALEResidential   700 residences

Macquarie Park Village – 1 Mooltan Avenue, Macquarie Park

Under ConstructionMacquarie Park, NSW

Vista Victoria - 312 Victoria Road, Gladesville

APARTMENTS FOR SALEResidential   50 residences

Vista Victoria – 312 Victoria Road, Gladesville

Registration and SalesGladesville, NSW

Quartet Lane Cove - 11-15 Finlayson Street, Lane Cove

APARTMENTS FOR SALEResidential   237 residences

Quartet Lane Cove – 11-15 Finlayson Street, Lane Cove

Under ConstructionLane Cove, NSW

Slate Caringbah - 2-4 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   37 residences

Slate Caringbah – 2-4 Hinkler Avenue, Caringbah

Under ConstructionCaringbah, NSW

Union Place - 34-38 Railway Crescent, Jannali

APARTMENTS FOR SALEResidential   89 residences

Union Place – 34-38 Railway Crescent, Jannali

Under ConstructionJannali, NSW

City Vista Apartments - 13-15 Vista Street, Penrith

APARTMENTS FOR SALEResidential   26 residences

City Vista Apartments – 13-15 Vista Street, Penrith

Under ConstructionPenrith, NSW

Vicinity Point - 30-32 Guess Avenue, Wolli Creek

APARTMENTS FOR SALEResidential

Vicinity Point – 30-32 Guess Avenue, Wolli Creek

Registration and SalesWolli Creek, NSW

Skye - 9-15 Railway Parade, Wollongong

APARTMENTS FOR SALEResidential, Retail

Skye – 9-15 Railway Parade, Wollongong

Registration and SalesWollongong, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Stellar - 771-775 Victoria Road, Ryde

APARTMENTS FOR SALEResidential   95 residences

Stellar – 771-775 Victoria Road, Ryde

Registration and SalesRyde, NSW

EP Residences - 28-34 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   79 residences

EP Residences – 28-34 Carlingford Road, Epping

Under ConstructionEpping, NSW

Greenbank - 7-13 Willis Street, Wolli Creek

APARTMENTS FOR SALEResidential   68 residences

Greenbank – 7-13 Willis Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Anew Rockdale - 433-439 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   86 residences

Anew Rockdale – 433-439 Princes Highway, Rockdale

Registration and SalesRockdale, NSW

Pinnacle Liverpool - 100 Castlereagh Street, Liverpool

APARTMENTS FOR SALEResidential   298 residences

Pinnacle Liverpool – 100 Castlereagh Street, Liverpool

Under ConstructionLiverpool, NSW

New Life Bondi Junction - 59 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   62 residences

New Life Bondi Junction – 59 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Park One - 80 Waterloo Road, Macquarie Park

APARTMENTS FOR SALEResidential   412 residences

Park One – 80 Waterloo Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

The Lennox - 2 Cowan Street, Mount Colah

APARTMENTS FOR SALEResidential   45 residences

The Lennox – 2 Cowan Street, Mount Colah

Registration and SalesMount Colah, NSW

Asquith Rise - 421-425 Pacific Highway, Asquith

APARTMENTS FOR SALEResidential   92 residences

Asquith Rise – 421-425 Pacific Highway, Asquith

Under ConstructionAsquith, NSW

One Avon - 1 Avon Road, Pymble

APARTMENTS FOR SALEResidential   168 residences

One Avon – 1 Avon Road, Pymble

Under ConstructionPymble, NSW

Opera Residences - 71 Macquarie Street, Sydney

APARTMENTS FOR SALEResidential   104 residences

Opera Residences – 71 Macquarie Street, Sydney

Under ConstructionSydney, NSW

Imperial - 9 Hassall Street, Parramatta

APARTMENTS FOR SALEResidential   172 residences

Imperial – 9 Hassall Street, Parramatta

Under ConstructionParramatta, NSW

Elora The Hills - 41-45 Yattenden Crescent, Baulkham Hills

APARTMENTS FOR SALEResidential   45 residences

Elora The Hills – 41-45 Yattenden Crescent, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Shoreline Manly Beach - 89-90 North Steyne, Manly

APARTMENTS FOR SALEResidential   14 residences

Shoreline Manly Beach – 89-90 North Steyne, Manly

Registration and SalesManly, NSW

Rivoli - 42 Barber Avenue, Penrith

APARTMENTS FOR SALEResidential   43 residences

Rivoli – 42 Barber Avenue, Penrith

Under ConstructionPenrith, NSW

The Revy Apartments - 8 Darling Island Road, Pyrmont

APARTMENTS FOR SALEResidential   44 residences

The Revy Apartments – 8 Darling Island Road, Pyrmont

Under ConstructionPyrmont, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Stellar - 771-775 Victoria Road, Ryde

APARTMENTS FOR SALEResidential   95 residences

Stellar – 771-775 Victoria Road, Ryde

Registration and SalesRyde, NSW

EP Residences - 28-34 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   79 residences

EP Residences – 28-34 Carlingford Road, Epping

Under ConstructionEpping, NSW

Greenbank - 7-13 Willis Street, Wolli Creek

APARTMENTS FOR SALEResidential   68 residences

Greenbank – 7-13 Willis Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Anew Rockdale - 433-439 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   86 residences

Anew Rockdale – 433-439 Princes Highway, Rockdale

Registration and SalesRockdale, NSW

Pinnacle Liverpool - 100 Castlereagh Street, Liverpool

APARTMENTS FOR SALEResidential   298 residences

Pinnacle Liverpool – 100 Castlereagh Street, Liverpool

Under ConstructionLiverpool, NSW

New Life Bondi Junction - 59 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   62 residences

New Life Bondi Junction – 59 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Park One - 80 Waterloo Road, Macquarie Park

APARTMENTS FOR SALEResidential   412 residences

Park One – 80 Waterloo Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

The Lennox - 2 Cowan Street, Mount Colah

APARTMENTS FOR SALEResidential   45 residences

The Lennox – 2 Cowan Street, Mount Colah

Registration and SalesMount Colah, NSW

Asquith Rise - 421-425 Pacific Highway, Asquith

APARTMENTS FOR SALEResidential   92 residences

Asquith Rise – 421-425 Pacific Highway, Asquith

Under ConstructionAsquith, NSW

One Avon - 1 Avon Road, Pymble

APARTMENTS FOR SALEResidential   168 residences

One Avon – 1 Avon Road, Pymble

Under ConstructionPymble, NSW

Opera Residences - 71 Macquarie Street, Sydney

APARTMENTS FOR SALEResidential   104 residences

Opera Residences – 71 Macquarie Street, Sydney

Under ConstructionSydney, NSW

Imperial - 9 Hassall Street, Parramatta

APARTMENTS FOR SALEResidential   172 residences

Imperial – 9 Hassall Street, Parramatta

Under ConstructionParramatta, NSW

Elora The Hills - 41-45 Yattenden Crescent, Baulkham Hills

APARTMENTS FOR SALEResidential   45 residences

Elora The Hills – 41-45 Yattenden Crescent, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Shoreline Manly Beach - 89-90 North Steyne, Manly

APARTMENTS FOR SALEResidential   14 residences

Shoreline Manly Beach – 89-90 North Steyne, Manly

Registration and SalesManly, NSW

Rivoli - 42 Barber Avenue, Penrith

APARTMENTS FOR SALEResidential   43 residences

Rivoli – 42 Barber Avenue, Penrith

Under ConstructionPenrith, NSW

The Revy Apartments - 8 Darling Island Road, Pyrmont

APARTMENTS FOR SALEResidential   44 residences

The Revy Apartments – 8 Darling Island Road, Pyrmont

Under ConstructionPyrmont, NSW

Panorama Blakehurst - 621-635 Princes Highway, Blakehurst

APARTMENTS FOR SALEResidential   43 residences

Panorama Blakehurst – 621-635 Princes Highway, Blakehurst

Under ConstructionBlakehurst, NSW

Genesis - 133-137 Bowden Street, Meadowbank

APARTMENTS FOR SALEResidential   58 residences

Genesis – 133-137 Bowden Street, Meadowbank

Under ConstructionMeadowbank, NSW

The Avenue - 19-25 Robey Street, Mascot

APARTMENTS FOR SALEResidential   66 residences

The Avenue – 19-25 Robey Street, Mascot

Registration and SalesMascot, NSW

51-53 Kildare Road, Blacktown

APARTMENTS FOR SALEResidential   46 residences

51-53 Kildare Road, Blacktown

Under ConstructionBlacktown, NSW

Modena - 2 Seven Hills Road, Baulkham Hills

APARTMENTS FOR SALEResidential   234 residences

Modena – 2 Seven Hills Road, Baulkham Hills

Under ConstructionBaulkham Hills, NSW

Marq and Icon - 9 Brodie Spark Drive, Wolli Creek

APARTMENTS FOR SALEResidential   323 residences

Marq and Icon – 9 Brodie Spark Drive, Wolli Creek

Under ConstructionWolli Creek, NSW

Orinoco Garden - 1A-1C Orinoco Street, Pymble

APARTMENTS FOR SALEResidential   40 residences

Orinoco Garden – 1A-1C Orinoco Street, Pymble

Under ConstructionPymble, NSW

Infinity - 1-7 Thallon Street, Carlingford

APARTMENTS FOR SALEResidential   191 residences

Infinity – 1-7 Thallon Street, Carlingford

Under ConstructionCarlingford, NSW

Belysa Blacktown - 1-7 Second Avenue, Blacktown

APARTMENTS FOR SALEResidential   132 residences

Belysa Blacktown – 1-7 Second Avenue, Blacktown

Under ConstructionBlacktown, NSW

Hannah - 158-162 Great Western Highway, Westmead

APARTMENTS FOR SALEResidential   88 residences

Hannah – 158-162 Great Western Highway, Westmead

Under ConstructionWestmead, NSW

Beyond - 93-95 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Mixed Use   556 residences

Beyond – 93-95 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Adela - 1-7 Gloucester Avenue, Burwood

APARTMENTS FOR SALEResidential   115 residences

Adela – 1-7 Gloucester Avenue, Burwood

Registration and SalesBurwood, NSW

Vogue - 32 The Crescent, Homebush

APARTMENTS FOR SALEResidential

Vogue – 32 The Crescent, Homebush

Registration and SalesHomebush, NSW

Lighthouse Burwood - 2 Elsie Street, Burwood

APARTMENTS FOR SALEResidential   75 residences

Lighthouse Burwood – 2 Elsie Street, Burwood

Under ConstructionBurwood, NSW

Taylors Lane Residences - 8 Taylors Lane, Lane Cove

APARTMENTS FOR SALEResidential   40 residences

Taylors Lane Residences – 8 Taylors Lane, Lane Cove

Under ConstructionLane Cove, NSW

Carinya Apartments - 31-33 Carinya Street, Blacktown

APARTMENTS FOR SALEResidential

Carinya Apartments – 31-33 Carinya Street, Blacktown

Under ConstructionBlacktown, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Stellar - 771-775 Victoria Road, Ryde

APARTMENTS FOR SALEResidential   95 residences

Stellar – 771-775 Victoria Road, Ryde

Registration and SalesRyde, NSW

EP Residences - 28-34 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   79 residences

EP Residences – 28-34 Carlingford Road, Epping

Under ConstructionEpping, NSW

Greenbank - 7-13 Willis Street, Wolli Creek

APARTMENTS FOR SALEResidential   68 residences

Greenbank – 7-13 Willis Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Anew Rockdale - 433-439 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   86 residences

Anew Rockdale – 433-439 Princes Highway, Rockdale

Registration and SalesRockdale, NSW

Pinnacle Liverpool - 100 Castlereagh Street, Liverpool

APARTMENTS FOR SALEResidential   298 residences

Pinnacle Liverpool – 100 Castlereagh Street, Liverpool

Under ConstructionLiverpool, NSW

New Life Bondi Junction - 59 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   62 residences

New Life Bondi Junction – 59 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Park One - 80 Waterloo Road, Macquarie Park

APARTMENTS FOR SALEResidential   412 residences

Park One – 80 Waterloo Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

The Lennox - 2 Cowan Street, Mount Colah

APARTMENTS FOR SALEResidential   45 residences

The Lennox – 2 Cowan Street, Mount Colah

Registration and SalesMount Colah, NSW

Asquith Rise - 421-425 Pacific Highway, Asquith

APARTMENTS FOR SALEResidential   92 residences

Asquith Rise – 421-425 Pacific Highway, Asquith

Under ConstructionAsquith, NSW

One Avon - 1 Avon Road, Pymble

APARTMENTS FOR SALEResidential   168 residences

One Avon – 1 Avon Road, Pymble

Under ConstructionPymble, NSW

Opera Residences - 71 Macquarie Street, Sydney

APARTMENTS FOR SALEResidential   104 residences

Opera Residences – 71 Macquarie Street, Sydney

Under ConstructionSydney, NSW

Imperial - 9 Hassall Street, Parramatta

APARTMENTS FOR SALEResidential   172 residences

Imperial – 9 Hassall Street, Parramatta

Under ConstructionParramatta, NSW

Elora The Hills - 41-45 Yattenden Crescent, Baulkham Hills

APARTMENTS FOR SALEResidential   45 residences

Elora The Hills – 41-45 Yattenden Crescent, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Shoreline Manly Beach - 89-90 North Steyne, Manly

APARTMENTS FOR SALEResidential   14 residences

Shoreline Manly Beach – 89-90 North Steyne, Manly

Registration and SalesManly, NSW

Rivoli - 42 Barber Avenue, Penrith

APARTMENTS FOR SALEResidential   43 residences

Rivoli – 42 Barber Avenue, Penrith

Under ConstructionPenrith, NSW

The Revy Apartments - 8 Darling Island Road, Pyrmont

APARTMENTS FOR SALEResidential   44 residences

The Revy Apartments – 8 Darling Island Road, Pyrmont

Under ConstructionPyrmont, NSW

Panorama Blakehurst - 621-635 Princes Highway, Blakehurst

APARTMENTS FOR SALEResidential   43 residences

Panorama Blakehurst – 621-635 Princes Highway, Blakehurst

Under ConstructionBlakehurst, NSW

Genesis - 133-137 Bowden Street, Meadowbank

APARTMENTS FOR SALEResidential   58 residences

Genesis – 133-137 Bowden Street, Meadowbank

Under ConstructionMeadowbank, NSW

The Avenue - 19-25 Robey Street, Mascot

APARTMENTS FOR SALEResidential   66 residences

The Avenue – 19-25 Robey Street, Mascot

Registration and SalesMascot, NSW

51-53 Kildare Road, Blacktown

APARTMENTS FOR SALEResidential   46 residences

51-53 Kildare Road, Blacktown

Under ConstructionBlacktown, NSW

Modena - 2 Seven Hills Road, Baulkham Hills

APARTMENTS FOR SALEResidential   234 residences

Modena – 2 Seven Hills Road, Baulkham Hills

Under ConstructionBaulkham Hills, NSW

Marq and Icon - 9 Brodie Spark Drive, Wolli Creek

APARTMENTS FOR SALEResidential   323 residences

Marq and Icon – 9 Brodie Spark Drive, Wolli Creek

Under ConstructionWolli Creek, NSW

Orinoco Garden - 1A-1C Orinoco Street, Pymble

APARTMENTS FOR SALEResidential   40 residences

Orinoco Garden – 1A-1C Orinoco Street, Pymble

Under ConstructionPymble, NSW

Infinity - 1-7 Thallon Street, Carlingford

APARTMENTS FOR SALEResidential   191 residences

Infinity – 1-7 Thallon Street, Carlingford

Under ConstructionCarlingford, NSW

Belysa Blacktown - 1-7 Second Avenue, Blacktown

APARTMENTS FOR SALEResidential   132 residences

Belysa Blacktown – 1-7 Second Avenue, Blacktown

Under ConstructionBlacktown, NSW

Hannah - 158-162 Great Western Highway, Westmead

APARTMENTS FOR SALEResidential   88 residences

Hannah – 158-162 Great Western Highway, Westmead

Under ConstructionWestmead, NSW

Beyond - 93-95 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Mixed Use   556 residences

Beyond – 93-95 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Adela - 1-7 Gloucester Avenue, Burwood

APARTMENTS FOR SALEResidential   115 residences

Adela – 1-7 Gloucester Avenue, Burwood

Registration and SalesBurwood, NSW

Vogue - 32 The Crescent, Homebush

APARTMENTS FOR SALEResidential

Vogue – 32 The Crescent, Homebush

Registration and SalesHomebush, NSW

Lighthouse Burwood - 2 Elsie Street, Burwood

APARTMENTS FOR SALEResidential   75 residences

Lighthouse Burwood – 2 Elsie Street, Burwood

Under ConstructionBurwood, NSW

Taylors Lane Residences - 8 Taylors Lane, Lane Cove

APARTMENTS FOR SALEResidential   40 residences

Taylors Lane Residences – 8 Taylors Lane, Lane Cove

Under ConstructionLane Cove, NSW

Carinya Apartments - 31-33 Carinya Street, Blacktown

APARTMENTS FOR SALEResidential

Carinya Apartments – 31-33 Carinya Street, Blacktown

Under ConstructionBlacktown, NSW

Grandfield Kellyville - 178 Hezlett Road, Kellyville

APARTMENTS FOR SALEResidential   92 residences

Grandfield Kellyville – 178 Hezlett Road, Kellyville

Under ConstructionKellyville, NSW

The Mark - 74-80 Restwell Street, Bankstown

APARTMENTS FOR SALEResidential   160 residences

The Mark – 74-80 Restwell Street, Bankstown

Under ConstructionBankstown, NSW

Verve - 464-470 King Street, Newcastle

APARTMENTS FOR SALEResidential   197 residences

Verve – 464-470 King Street, Newcastle

Under ConstructionNewcastle, NSW

New Life Darling Harbour - 495 Harris Street, Ultimo

APARTMENTS FOR SALEResidential   200 residences

New Life Darling Harbour – 495 Harris Street, Ultimo

Under ConstructionUltimo, NSW

Cucina Waitara - 1-3 Balmoral Street, Waitara

APARTMENTS FOR SALEResidential   40 residences

Cucina Waitara – 1-3 Balmoral Street, Waitara

Under ConstructionWaitara, NSW

Synergy - 117-119 Pacific Highway, Hornsby

APARTMENTS FOR SALEResidential   106 residences

Synergy – 117-119 Pacific Highway, Hornsby

Under ConstructionHornsby, NSW

Bondi Central - 109-119 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   86 residences

Bondi Central – 109-119 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Refined - 51-55 Lindfield Avenue, Lindfield

APARTMENTS FOR SALEResidential   69 residences

Refined – 51-55 Lindfield Avenue, Lindfield

Registration and SalesLindfield, NSW

Uno Green Square - 105-115 Portman Street, Zetland

APARTMENTS FOR SALEResidential   810 residences

Uno Green Square – 105-115 Portman Street, Zetland

Under ConstructionZetland, NSW

Cumberland Green - 822 Windsor Road, Rouse Hill

APARTMENTS FOR SALEResidential   254 residences

Cumberland Green – 822 Windsor Road, Rouse Hill

Under ConstructionRouse Hill, NSW

Avante - 3 Rawson Street, Wollongong

FOR SALEResidential, Commercial   77 residences

Avante – 3 Rawson Street, Wollongong

Under ConstructionWollongong, NSW

Palomar - 49 Drumalbyn Road, Bellevue Hill

APARTMENTS FOR SALEResidential

Palomar – 49 Drumalbyn Road, Bellevue Hill

Registration and SalesBellevue Hill, NSW

14 Auburn Street, Wollongong

APARTMENTS FOR SALEResidential, Mixed Use

14 Auburn Street, Wollongong

Registration and SalesWollongong, NSW

458 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Commercial   437 residences

458 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Signature Residences - 10-18 Regent Street, Wollongong

FOR SALEResidential, Commercial   151 residences

Signature Residences – 10-18 Regent Street, Wollongong

Registration and SalesWollongong, NSW

120-126 Herring Road, Macquarie Park

APARTMENTS FOR SALEResidential   198 residences

120-126 Herring Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Stellar - 771-775 Victoria Road, Ryde

APARTMENTS FOR SALEResidential   95 residences

Stellar – 771-775 Victoria Road, Ryde

Registration and SalesRyde, NSW

EP Residences - 28-34 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   79 residences

EP Residences – 28-34 Carlingford Road, Epping

Under ConstructionEpping, NSW

Greenbank - 7-13 Willis Street, Wolli Creek

APARTMENTS FOR SALEResidential   68 residences

Greenbank – 7-13 Willis Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Anew Rockdale - 433-439 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   86 residences

Anew Rockdale – 433-439 Princes Highway, Rockdale

Registration and SalesRockdale, NSW

Pinnacle Liverpool - 100 Castlereagh Street, Liverpool

APARTMENTS FOR SALEResidential   298 residences

Pinnacle Liverpool – 100 Castlereagh Street, Liverpool

Under ConstructionLiverpool, NSW

New Life Bondi Junction - 59 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   62 residences

New Life Bondi Junction – 59 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Park One - 80 Waterloo Road, Macquarie Park

APARTMENTS FOR SALEResidential   412 residences

Park One – 80 Waterloo Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

The Lennox - 2 Cowan Street, Mount Colah

APARTMENTS FOR SALEResidential   45 residences

The Lennox – 2 Cowan Street, Mount Colah

Registration and SalesMount Colah, NSW

Asquith Rise - 421-425 Pacific Highway, Asquith

APARTMENTS FOR SALEResidential   92 residences

Asquith Rise – 421-425 Pacific Highway, Asquith

Under ConstructionAsquith, NSW

One Avon - 1 Avon Road, Pymble

APARTMENTS FOR SALEResidential   168 residences

One Avon – 1 Avon Road, Pymble

Under ConstructionPymble, NSW

Opera Residences - 71 Macquarie Street, Sydney

APARTMENTS FOR SALEResidential   104 residences

Opera Residences – 71 Macquarie Street, Sydney

Under ConstructionSydney, NSW

Imperial - 9 Hassall Street, Parramatta

APARTMENTS FOR SALEResidential   172 residences

Imperial – 9 Hassall Street, Parramatta

Under ConstructionParramatta, NSW

Elora The Hills - 41-45 Yattenden Crescent, Baulkham Hills

APARTMENTS FOR SALEResidential   45 residences

Elora The Hills – 41-45 Yattenden Crescent, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Shoreline Manly Beach - 89-90 North Steyne, Manly

APARTMENTS FOR SALEResidential   14 residences

Shoreline Manly Beach – 89-90 North Steyne, Manly

Registration and SalesManly, NSW

Rivoli - 42 Barber Avenue, Penrith

APARTMENTS FOR SALEResidential   43 residences

Rivoli – 42 Barber Avenue, Penrith

Under ConstructionPenrith, NSW

The Revy Apartments - 8 Darling Island Road, Pyrmont

APARTMENTS FOR SALEResidential   44 residences

The Revy Apartments – 8 Darling Island Road, Pyrmont

Under ConstructionPyrmont, NSW

Panorama Blakehurst - 621-635 Princes Highway, Blakehurst

APARTMENTS FOR SALEResidential   43 residences

Panorama Blakehurst – 621-635 Princes Highway, Blakehurst

Under ConstructionBlakehurst, NSW

Genesis - 133-137 Bowden Street, Meadowbank

APARTMENTS FOR SALEResidential   58 residences

Genesis – 133-137 Bowden Street, Meadowbank

Under ConstructionMeadowbank, NSW

The Avenue - 19-25 Robey Street, Mascot

APARTMENTS FOR SALEResidential   66 residences

The Avenue – 19-25 Robey Street, Mascot

Registration and SalesMascot, NSW

51-53 Kildare Road, Blacktown

APARTMENTS FOR SALEResidential   46 residences

51-53 Kildare Road, Blacktown

Under ConstructionBlacktown, NSW

Modena - 2 Seven Hills Road, Baulkham Hills

APARTMENTS FOR SALEResidential   234 residences

Modena – 2 Seven Hills Road, Baulkham Hills

Under ConstructionBaulkham Hills, NSW

Marq and Icon - 9 Brodie Spark Drive, Wolli Creek

APARTMENTS FOR SALEResidential   323 residences

Marq and Icon – 9 Brodie Spark Drive, Wolli Creek

Under ConstructionWolli Creek, NSW

Orinoco Garden - 1A-1C Orinoco Street, Pymble

APARTMENTS FOR SALEResidential   40 residences

Orinoco Garden – 1A-1C Orinoco Street, Pymble

Under ConstructionPymble, NSW

Infinity - 1-7 Thallon Street, Carlingford

APARTMENTS FOR SALEResidential   191 residences

Infinity – 1-7 Thallon Street, Carlingford

Under ConstructionCarlingford, NSW

Belysa Blacktown - 1-7 Second Avenue, Blacktown

APARTMENTS FOR SALEResidential   132 residences

Belysa Blacktown – 1-7 Second Avenue, Blacktown

Under ConstructionBlacktown, NSW

Hannah - 158-162 Great Western Highway, Westmead

APARTMENTS FOR SALEResidential   88 residences

Hannah – 158-162 Great Western Highway, Westmead

Under ConstructionWestmead, NSW

Beyond - 93-95 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Mixed Use   556 residences

Beyond – 93-95 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Adela - 1-7 Gloucester Avenue, Burwood

APARTMENTS FOR SALEResidential   115 residences

Adela – 1-7 Gloucester Avenue, Burwood

Registration and SalesBurwood, NSW

Vogue - 32 The Crescent, Homebush

APARTMENTS FOR SALEResidential

Vogue – 32 The Crescent, Homebush

Registration and SalesHomebush, NSW

Lighthouse Burwood - 2 Elsie Street, Burwood

APARTMENTS FOR SALEResidential   75 residences

Lighthouse Burwood – 2 Elsie Street, Burwood

Under ConstructionBurwood, NSW

Taylors Lane Residences - 8 Taylors Lane, Lane Cove

APARTMENTS FOR SALEResidential   40 residences

Taylors Lane Residences – 8 Taylors Lane, Lane Cove

Under ConstructionLane Cove, NSW

Carinya Apartments - 31-33 Carinya Street, Blacktown

APARTMENTS FOR SALEResidential

Carinya Apartments – 31-33 Carinya Street, Blacktown

Under ConstructionBlacktown, NSW

Grandfield Kellyville - 178 Hezlett Road, Kellyville

APARTMENTS FOR SALEResidential   92 residences

Grandfield Kellyville – 178 Hezlett Road, Kellyville

Under ConstructionKellyville, NSW

The Mark - 74-80 Restwell Street, Bankstown

APARTMENTS FOR SALEResidential   160 residences

The Mark – 74-80 Restwell Street, Bankstown

Under ConstructionBankstown, NSW

Verve - 464-470 King Street, Newcastle

APARTMENTS FOR SALEResidential   197 residences

Verve – 464-470 King Street, Newcastle

Under ConstructionNewcastle, NSW

New Life Darling Harbour - 495 Harris Street, Ultimo

APARTMENTS FOR SALEResidential   200 residences

New Life Darling Harbour – 495 Harris Street, Ultimo

Under ConstructionUltimo, NSW

Cucina Waitara - 1-3 Balmoral Street, Waitara

APARTMENTS FOR SALEResidential   40 residences

Cucina Waitara – 1-3 Balmoral Street, Waitara

Under ConstructionWaitara, NSW

Synergy - 117-119 Pacific Highway, Hornsby

APARTMENTS FOR SALEResidential   106 residences

Synergy – 117-119 Pacific Highway, Hornsby

Under ConstructionHornsby, NSW

Bondi Central - 109-119 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   86 residences

Bondi Central – 109-119 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Refined - 51-55 Lindfield Avenue, Lindfield

APARTMENTS FOR SALEResidential   69 residences

Refined – 51-55 Lindfield Avenue, Lindfield

Registration and SalesLindfield, NSW

Uno Green Square - 105-115 Portman Street, Zetland

APARTMENTS FOR SALEResidential   810 residences

Uno Green Square – 105-115 Portman Street, Zetland

Under ConstructionZetland, NSW

Cumberland Green - 822 Windsor Road, Rouse Hill

APARTMENTS FOR SALEResidential   254 residences

Cumberland Green – 822 Windsor Road, Rouse Hill

Under ConstructionRouse Hill, NSW

Avante - 3 Rawson Street, Wollongong

FOR SALEResidential, Commercial   77 residences

Avante – 3 Rawson Street, Wollongong

Under ConstructionWollongong, NSW

Palomar - 49 Drumalbyn Road, Bellevue Hill

APARTMENTS FOR SALEResidential

Palomar – 49 Drumalbyn Road, Bellevue Hill

Registration and SalesBellevue Hill, NSW

14 Auburn Street, Wollongong

APARTMENTS FOR SALEResidential, Mixed Use

14 Auburn Street, Wollongong

Registration and SalesWollongong, NSW

458 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Commercial   437 residences

458 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Signature Residences - 10-18 Regent Street, Wollongong

FOR SALEResidential, Commercial   151 residences

Signature Residences – 10-18 Regent Street, Wollongong

Registration and SalesWollongong, NSW

120-126 Herring Road, Macquarie Park

APARTMENTS FOR SALEResidential   198 residences

120-126 Herring Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

142-154 Victoria Road, Gladesville

APARTMENTS FOR SALEResidential, Commercial   56 residences

142-154 Victoria Road, Gladesville

Registration and SalesGladesville, NSW

Huntley - 14 Civic Avenue, Pendle Hill

APARTMENTS FOR SALEResidential

Huntley – 14 Civic Avenue, Pendle Hill

Registration and SalesPendle Hill, NSW

Sapphire on George - 22-24 George Street, Liverpool

APARTMENTS FOR SALEResidential   94 residences

Sapphire on George – 22-24 George Street, Liverpool

Under ConstructionLiverpool, NSW

View Rockdale - 397 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   92 residences

View Rockdale – 397 Princes Highway, Rockdale

Under ConstructionRockdale, NSW

17-25 Bigge Street, Liverpool

APARTMENTS FOR SALEResidential   233 residences

17-25 Bigge Street, Liverpool

Registration and SalesLiverpool, NSW

Pearl of the Bay - 6-10 Nancarrow Avenue, Meadowbank

APARTMENTS FOR SALEResidential   236 residences

Pearl of the Bay – 6-10 Nancarrow Avenue, Meadowbank

Under ConstructionMeadowbank, NSW

Rhodes Central - 10 Walker Street, Rhodes

APARTMENTS FOR SALEResidential, Retail   330 residences

Rhodes Central – 10 Walker Street, Rhodes

Under ConstructionRhodes, NSW

101-111 Willoughby, Crows Nest

APARTMENTS FOR SALEResidential   60 residences

101-111 Willoughby, Crows Nest

Under ConstructionCrows Nest, NSW

88 Kensington - 88 Anzac Parade, Kensington

APARTMENTS FOR SALEResidential

88 Kensington – 88 Anzac Parade, Kensington

Under ConstructionKensington, NSW

Providence - 123 Peninsula Drive, Breakfast Point

APARTMENTS FOR SALEResidential

Providence – 123 Peninsula Drive, Breakfast Point

Registration and SalesBreakfast Point, NSW

Evolve - 38 Enid Street, Tweed Heads

APARTMENTS FOR SALEResidential

Evolve – 38 Enid Street, Tweed Heads

Under ConstructionTweed Heads, NSW

Leichhardt Green - 22 George Street, Leichhardt

APARTMENTS FOR SALEResidential, Commercial   287 residences

Leichhardt Green – 22 George Street, Leichhardt

Registration and SalesLeichhardt, NSW

Cardinal Freeman Village - 137 Victoria Street, Ashfield

APARTMENTS FOR SALEResidential   106 residences

Cardinal Freeman Village – 137 Victoria Street, Ashfield

Registration and SalesAshfield, NSW

North - 231 Miller Street, North Sydney

APARTMENTS FOR SALEResidential, Commercial   60 residences

North – 231 Miller Street, North Sydney

Registration and SalesNorth Sydney, NSW

41-45 Hill Road, Wentworth Point

APARTMENTS FOR SALEResidential   281 residences

41-45 Hill Road, Wentworth Point

Registration and SalesWentworth Point, NSW

Luna Residences - 18 Illiliwa Street, Cremorne

APARTMENTS FOR SALEResidential

Luna Residences – 18 Illiliwa Street, Cremorne

Registration and SalesCremorne, NSW

Amour  - 7-9 Hinkler Avenue, Caringbah

APARTMENTS FOR SALEResidential   20 residences

Amour – 7-9 Hinkler Avenue, Caringbah

Registration and SalesCaringbah, NSW

Evergreen St Ives - 124-128 Killeaton Street, St Ives

APARTMENTS FOR SALEResidential   74 residences

Evergreen St Ives – 124-128 Killeaton Street, St Ives

Under ConstructionSt Ives, NSW

Moda - 100 Fairway Drive, Kellyville

COMING SOONResidential   219 residences

Moda – 100 Fairway Drive, Kellyville

Registration and SalesKellyville, NSW

Alula - 25 Lachlan Street, Waterloo

APARTMENTS FOR SALEResidential   42 residences

Alula – 25 Lachlan Street, Waterloo

Registration and SalesWaterloo, NSW

Chelsea Croydon - 13-17 Grosvenor Street, Croydon

APARTMENTS FOR SALEResidential   81 residences

Chelsea Croydon – 13-17 Grosvenor Street, Croydon

Under ConstructionCroydon, NSW

St Leonards Square - 472-486 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential, Commercial   527 residences

St Leonards Square – 472-486 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

One The Waterfront - 21 Bennelong Parkway, Wentworth Point

APARTMENTS FOR SALEResidential   150 residences

One The Waterfront – 21 Bennelong Parkway, Wentworth Point

Registration and SalesWentworth Point, NSW

Jardine Residences - 35 Oxford Street, Epping

APARTMENTS FOR SALEResidential   56 residences

Jardine Residences – 35 Oxford Street, Epping

Under ConstructionEpping, NSW

Serenity Wolli Creek - 7-9 Gertrude Street, Wolli Creek

APARTMENTS FOR SALEResidential   36 residences

Serenity Wolli Creek – 7-9 Gertrude Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Amala - 19-21 Withers Road, Kellyville

APARTMENTS FOR SALEResidential   75 residences

Amala – 19-21 Withers Road, Kellyville

Registration and SalesKellyville, NSW

The Oxford Residences - 292-302 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   55 residences

The Oxford Residences – 292-302 Oxford Street, Bondi Junction

Registration and SalesBondi Junction, NSW

Peak Apartments - 406E Peak Morrison Road, Ryde

APARTMENTS FOR SALEResidential   174 residences

Peak Apartments – 406E Peak Morrison Road, Ryde

Under ConstructionRyde, NSW

Emporia - 548-568 Canterbury Road, Campsie

APARTMENTS FOR SALEResidential   337 residences

Emporia – 548-568 Canterbury Road, Campsie

Under ConstructionCampsie, NSW

Oxford Central - 30-42 Oxford Street, Epping

APARTMENTS FOR SALEResidential   252 residences

Oxford Central – 30-42 Oxford Street, Epping

Under ConstructionEpping, NSW

22-26 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   40 residences

22-26 Carlingford Road, Epping

Under ConstructionEpping, NSW

Elan - 17-25 Epping Road, Epping

APARTMENTS FOR SALEResidential   90 residences

Elan – 17-25 Epping Road, Epping

Under ConstructionEpping, NSW

Stellar - 771-775 Victoria Road, Ryde

APARTMENTS FOR SALEResidential   95 residences

Stellar – 771-775 Victoria Road, Ryde

Registration and SalesRyde, NSW

EP Residences - 28-34 Carlingford Road, Epping

APARTMENTS FOR SALEResidential   79 residences

EP Residences – 28-34 Carlingford Road, Epping

Under ConstructionEpping, NSW

Greenbank - 7-13 Willis Street, Wolli Creek

APARTMENTS FOR SALEResidential   68 residences

Greenbank – 7-13 Willis Street, Wolli Creek

Under ConstructionWolli Creek, NSW

Anew Rockdale - 433-439 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   86 residences

Anew Rockdale – 433-439 Princes Highway, Rockdale

Registration and SalesRockdale, NSW

Pinnacle Liverpool - 100 Castlereagh Street, Liverpool

APARTMENTS FOR SALEResidential   298 residences

Pinnacle Liverpool – 100 Castlereagh Street, Liverpool

Under ConstructionLiverpool, NSW

New Life Bondi Junction - 59 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   62 residences

New Life Bondi Junction – 59 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Park One - 80 Waterloo Road, Macquarie Park

APARTMENTS FOR SALEResidential   412 residences

Park One – 80 Waterloo Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

The Lennox - 2 Cowan Street, Mount Colah

APARTMENTS FOR SALEResidential   45 residences

The Lennox – 2 Cowan Street, Mount Colah

Registration and SalesMount Colah, NSW

Asquith Rise - 421-425 Pacific Highway, Asquith

APARTMENTS FOR SALEResidential   92 residences

Asquith Rise – 421-425 Pacific Highway, Asquith

Under ConstructionAsquith, NSW

One Avon - 1 Avon Road, Pymble

APARTMENTS FOR SALEResidential   168 residences

One Avon – 1 Avon Road, Pymble

Under ConstructionPymble, NSW

Opera Residences - 71 Macquarie Street, Sydney

APARTMENTS FOR SALEResidential   104 residences

Opera Residences – 71 Macquarie Street, Sydney

Under ConstructionSydney, NSW

Imperial - 9 Hassall Street, Parramatta

APARTMENTS FOR SALEResidential   172 residences

Imperial – 9 Hassall Street, Parramatta

Under ConstructionParramatta, NSW

Elora The Hills - 41-45 Yattenden Crescent, Baulkham Hills

APARTMENTS FOR SALEResidential   45 residences

Elora The Hills – 41-45 Yattenden Crescent, Baulkham Hills

Registration and SalesBaulkham Hills, NSW

Shoreline Manly Beach - 89-90 North Steyne, Manly

APARTMENTS FOR SALEResidential   14 residences

Shoreline Manly Beach – 89-90 North Steyne, Manly

Registration and SalesManly, NSW

Rivoli - 42 Barber Avenue, Penrith

APARTMENTS FOR SALEResidential   43 residences

Rivoli – 42 Barber Avenue, Penrith

Under ConstructionPenrith, NSW

The Revy Apartments - 8 Darling Island Road, Pyrmont

APARTMENTS FOR SALEResidential   44 residences

The Revy Apartments – 8 Darling Island Road, Pyrmont

Under ConstructionPyrmont, NSW

Panorama Blakehurst - 621-635 Princes Highway, Blakehurst

APARTMENTS FOR SALEResidential   43 residences

Panorama Blakehurst – 621-635 Princes Highway, Blakehurst

Under ConstructionBlakehurst, NSW

Genesis - 133-137 Bowden Street, Meadowbank

APARTMENTS FOR SALEResidential   58 residences

Genesis – 133-137 Bowden Street, Meadowbank

Under ConstructionMeadowbank, NSW

The Avenue - 19-25 Robey Street, Mascot

APARTMENTS FOR SALEResidential   66 residences

The Avenue – 19-25 Robey Street, Mascot

Registration and SalesMascot, NSW

51-53 Kildare Road, Blacktown

APARTMENTS FOR SALEResidential   46 residences

51-53 Kildare Road, Blacktown

Under ConstructionBlacktown, NSW

Modena - 2 Seven Hills Road, Baulkham Hills

APARTMENTS FOR SALEResidential   234 residences

Modena – 2 Seven Hills Road, Baulkham Hills

Under ConstructionBaulkham Hills, NSW

Marq and Icon - 9 Brodie Spark Drive, Wolli Creek

APARTMENTS FOR SALEResidential   323 residences

Marq and Icon – 9 Brodie Spark Drive, Wolli Creek

Under ConstructionWolli Creek, NSW

Orinoco Garden - 1A-1C Orinoco Street, Pymble

APARTMENTS FOR SALEResidential   40 residences

Orinoco Garden – 1A-1C Orinoco Street, Pymble

Under ConstructionPymble, NSW

Infinity - 1-7 Thallon Street, Carlingford

APARTMENTS FOR SALEResidential   191 residences

Infinity – 1-7 Thallon Street, Carlingford

Under ConstructionCarlingford, NSW

Belysa Blacktown - 1-7 Second Avenue, Blacktown

APARTMENTS FOR SALEResidential   132 residences

Belysa Blacktown – 1-7 Second Avenue, Blacktown

Under ConstructionBlacktown, NSW

Hannah - 158-162 Great Western Highway, Westmead

APARTMENTS FOR SALEResidential   88 residences

Hannah – 158-162 Great Western Highway, Westmead

Under ConstructionWestmead, NSW

Beyond - 93-95 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Mixed Use   556 residences

Beyond – 93-95 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Adela - 1-7 Gloucester Avenue, Burwood

APARTMENTS FOR SALEResidential   115 residences

Adela – 1-7 Gloucester Avenue, Burwood

Registration and SalesBurwood, NSW

Vogue - 32 The Crescent, Homebush

APARTMENTS FOR SALEResidential

Vogue – 32 The Crescent, Homebush

Registration and SalesHomebush, NSW

Lighthouse Burwood - 2 Elsie Street, Burwood

APARTMENTS FOR SALEResidential   75 residences

Lighthouse Burwood – 2 Elsie Street, Burwood

Under ConstructionBurwood, NSW

Taylors Lane Residences - 8 Taylors Lane, Lane Cove

APARTMENTS FOR SALEResidential   40 residences

Taylors Lane Residences – 8 Taylors Lane, Lane Cove

Under ConstructionLane Cove, NSW

Carinya Apartments - 31-33 Carinya Street, Blacktown

APARTMENTS FOR SALEResidential

Carinya Apartments – 31-33 Carinya Street, Blacktown

Under ConstructionBlacktown, NSW

Grandfield Kellyville - 178 Hezlett Road, Kellyville

APARTMENTS FOR SALEResidential   92 residences

Grandfield Kellyville – 178 Hezlett Road, Kellyville

Under ConstructionKellyville, NSW

The Mark - 74-80 Restwell Street, Bankstown

APARTMENTS FOR SALEResidential   160 residences

The Mark – 74-80 Restwell Street, Bankstown

Under ConstructionBankstown, NSW

Verve - 464-470 King Street, Newcastle

APARTMENTS FOR SALEResidential   197 residences

Verve – 464-470 King Street, Newcastle

Under ConstructionNewcastle, NSW

New Life Darling Harbour - 495 Harris Street, Ultimo

APARTMENTS FOR SALEResidential   200 residences

New Life Darling Harbour – 495 Harris Street, Ultimo

Under ConstructionUltimo, NSW

Cucina Waitara - 1-3 Balmoral Street, Waitara

APARTMENTS FOR SALEResidential   40 residences

Cucina Waitara – 1-3 Balmoral Street, Waitara

Under ConstructionWaitara, NSW

Synergy - 117-119 Pacific Highway, Hornsby

APARTMENTS FOR SALEResidential   106 residences

Synergy – 117-119 Pacific Highway, Hornsby

Under ConstructionHornsby, NSW

Bondi Central - 109-119 Oxford Street, Bondi Junction

APARTMENTS FOR SALEResidential   86 residences

Bondi Central – 109-119 Oxford Street, Bondi Junction

Under ConstructionBondi Junction, NSW

Refined - 51-55 Lindfield Avenue, Lindfield

APARTMENTS FOR SALEResidential   69 residences

Refined – 51-55 Lindfield Avenue, Lindfield

Registration and SalesLindfield, NSW

Uno Green Square - 105-115 Portman Street, Zetland

APARTMENTS FOR SALEResidential   810 residences

Uno Green Square – 105-115 Portman Street, Zetland

Under ConstructionZetland, NSW

Cumberland Green - 822 Windsor Road, Rouse Hill

APARTMENTS FOR SALEResidential   254 residences

Cumberland Green – 822 Windsor Road, Rouse Hill

Under ConstructionRouse Hill, NSW

Avante - 3 Rawson Street, Wollongong

FOR SALEResidential, Commercial   77 residences

Avante – 3 Rawson Street, Wollongong

Under ConstructionWollongong, NSW

Palomar - 49 Drumalbyn Road, Bellevue Hill

APARTMENTS FOR SALEResidential

Palomar – 49 Drumalbyn Road, Bellevue Hill

Registration and SalesBellevue Hill, NSW

14 Auburn Street, Wollongong

APARTMENTS FOR SALEResidential, Mixed Use

14 Auburn Street, Wollongong

Registration and SalesWollongong, NSW

458 Forest Road, Hurstville

APARTMENTS FOR SALEResidential, Commercial   437 residences

458 Forest Road, Hurstville

Registration and SalesHurstville, NSW

Signature Residences - 10-18 Regent Street, Wollongong

FOR SALEResidential, Commercial   151 residences

Signature Residences – 10-18 Regent Street, Wollongong

Registration and SalesWollongong, NSW

120-126 Herring Road, Macquarie Park

APARTMENTS FOR SALEResidential   198 residences

120-126 Herring Road, Macquarie Park

Under ConstructionMacquarie Park, NSW

142-154 Victoria Road, Gladesville

APARTMENTS FOR SALEResidential, Commercial   56 residences

142-154 Victoria Road, Gladesville

Registration and SalesGladesville, NSW

Huntley - 14 Civic Avenue, Pendle Hill

APARTMENTS FOR SALEResidential

Huntley – 14 Civic Avenue, Pendle Hill

Registration and SalesPendle Hill, NSW

Sapphire on George - 22-24 George Street, Liverpool

APARTMENTS FOR SALEResidential   94 residences

Sapphire on George – 22-24 George Street, Liverpool

Under ConstructionLiverpool, NSW

View Rockdale - 397 Princes Highway, Rockdale

APARTMENTS FOR SALEResidential   92 residences

View Rockdale – 397 Princes Highway, Rockdale

Under ConstructionRockdale, NSW

17-25 Bigge Street, Liverpool

APARTMENTS FOR SALEResidential   233 residences

17-25 Bigge Street, Liverpool

Registration and SalesLiverpool, NSW

Pearl of the Bay - 6-10 Nancarrow Avenue, Meadowbank

APARTMENTS FOR SALEResidential   236 residences

Pearl of the Bay – 6-10 Nancarrow Avenue, Meadowbank

Under ConstructionMeadowbank, NSW

Rhodes Central - 10 Walker Street, Rhodes

APARTMENTS FOR SALEResidential, Retail   330 residences

Rhodes Central – 10 Walker Street, Rhodes

Under ConstructionRhodes, NSW

101-111 Willoughby, Crows Nest

APARTMENTS FOR SALEResidential   60 residences

101-111 Willoughby, Crows Nest

Under ConstructionCrows Nest, NSW

88 Kensington - 88 Anzac Parade, Kensington

APARTMENTS FOR SALEResidential

88 Kensington – 88 Anzac Parade, Kensington

Under ConstructionKensington, NSW

Providence - 123 Peninsula Drive, Breakfast Point

APARTMENTS FOR SALEResidential

Providence – 123 Peninsula Drive, Breakfast Point

Registration and SalesBreakfast Point, NSW

Evolve - 38 Enid Street, Tweed Heads

APARTMENTS FOR SALEResidential

Evolve – 38 Enid Street, Tweed Heads

Under ConstructionTweed Heads, NSW

Leichhardt Green - 22 George Street, Leichhardt

APARTMENTS FOR SALEResidential, Commercial   287 residences

Leichhardt Green – 22 George Street, Leichhardt

Registration and SalesLeichhardt, NSW

Cardinal Freeman Village - 137 Victoria Street, Ashfield

APARTMENTS FOR SALEResidential   106 residences

Cardinal Freeman Village – 137 Victoria Street, Ashfield

Registration and SalesAshfield, NSW

North - 231 Miller Street, North Sydney

APARTMENTS FOR SALEResidential, Commercial   60 residences

North – 231 Miller Street, North Sydney

Registration and SalesNorth Sydney, NSW

41-45 Hill Road, Wentworth Point

APARTMENTS FOR SALEResidential   281 residences

41-45 Hill Road, Wentworth Point

Registration and SalesWentworth Point, NSW

Luna Residences - 18 Illiliwa Street, Cremorne

APARTMENTS FOR SALEResidential

Luna Residences – 18 Illiliwa Street, Cremorne

Registration and SalesCremorne, NSW

Eva Lane Cove - 2 Waterview Drive, Lane Cove

APARTMENTS FOR SALEResidential   104 residences

Eva Lane Cove – 2 Waterview Drive, Lane Cove

Registration and SalesLane Cove, NSW

Aluma - 7-15 Conder Street, Burwood

APARTMENTS FOR SALEResidential   90 residences

Aluma – 7-15 Conder Street, Burwood

Registration and SalesBurwood, NSW

78-100 Church Street, Parramatta

APARTMENTS FOR SALEResidential, Commercial   364 residences

78-100 Church Street, Parramatta

Registration and SalesParramatta, NSW

Vantage Residences - 229 Miller Street , North Sydney

APARTMENTS FOR SALEResidential, Retail   113 residences

Vantage Residences – 229 Miller Street , North Sydney

Registration and SalesNorth Sydney, NSW

Sheffield Quarter - Lot 2101 Lord Sheffield Circuit, Penrith

APARTMENTS FOR SALEResidential   73 residences

Sheffield Quarter – Lot 2101 Lord Sheffield Circuit, Penrith

Registration and SalesPenrith, NSW

Pemberton on the Park - 16 Pemberton Street, Botany

APARTMENTS FOR SALEResidential   306 residences

Pemberton on the Park – 16 Pemberton Street, Botany

Registration and SalesBotany, NSW

Essence - 315-321 New South Head Road, Double Bay

APARTMENTS FOR SALEResidential   37 residences

Essence – 315-321 New South Head Road, Double Bay

Under ConstructionDouble Bay, NSW

One A - 1a Coulson Street, Erskineville

APARTMENTS FOR SALEResidential   174 residences

One A – 1a Coulson Street, Erskineville

Under ConstructionErskineville, NSW

Parkland Estate - 60 Cudgegong Road, Rouse Hill

APARTMENTS FOR SALEResidential   134 residences

Parkland Estate – 60 Cudgegong Road, Rouse Hill

Under ConstructionRouse Hill, NSW

Duo Campsie - 77 Second Avenue, Campsie

APARTMENTS FOR SALEResidential   38 residences

Duo Campsie – 77 Second Avenue, Campsie

Under ConstructionCampsie, NSW

Kindred - 326 Marrickville Road, Marrickville

APARTMENTS FOR SALEResidential   39 residences

Kindred – 326 Marrickville Road, Marrickville

Registration and SalesMarrickville, NSW

The Landmark - 500 Pacific Highway, St Leonards

APARTMENTS FOR SALEResidential   429 residences

The Landmark – 500 Pacific Highway, St Leonards

Under ConstructionSt Leonards, NSW

East Side Quarter - 1 Retreat Drive, Penrith

APARTMENTS FOR SALEResidential   850 residences

East Side Quarter – 1 Retreat Drive, Penrith

Registration and SalesPenrith, NSW

Kew Gordon - 20-24 Mcintyre, Gordon

APARTMENTS FOR SALEResidential

Kew Gordon – 20-24 Mcintyre, Gordon

Registration and SalesGordon, NSW

Emerald - 16 Hazlewood Place, Epping

APARTMENTS FOR SALEResidential   38 residences

Emerald – 16 Hazlewood Place, Epping

Under ConstructionEpping, NSW

Paloma - 28 Burke Road, Cronulla

APARTMENTS FOR SALEResidential   8 residences

Paloma – 28 Burke Road, Cronulla

Registration and SalesCronulla, NSW

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Infrastructure tax cut for offshore companies ’driven by powerful interests’

WHO are those ‘powerful interests’?

LOOKS like Scomo is too busy looking after the Coalition foreign mates because Our Industry Superannuation Funds could invest in infrastructure … with its $Trillion fund?

BUT it’s all about the infrastructure that the ‘foreign mates’ want, isn’t it? Metro and Toll Roads for the high-rise slums …

NOT the infrastructure of schools, hospitals, pot-hole free roads, electricity poles and wires underground … that people in the Regions and Sydney need!

A CAAN Commentator noted today there is no hospital in the Taree/Tuncurry area! No money for those on Newstart to get by!

Treasurer’s infrastructure plan will benefit foreign businesses over locals

Investor tax cut.

Josh Frydenberg wants to cut taxes for foreign infrastructure investors. Photo: AAP

Rod Myer

Rod MyerYourSuper Editor

COMMENT

The federal government plans to give foreign investors a tax cut to invest in Australia’s burgeoning infrastructure sector in a move some economists said was unnecessary and wasteful.

Treasurer Josh Frydenberg released a draft of the plan on Thursday, detailing cuts to foreign investors’ tax rates from 30 per cent to 15 per cent on authorised infrastructure investments.

To be eligible, economic infrastructure projects would have to be yet to be built, be owned by the states, the Commonwealth or their agencies, and be worth at least $500 million.

The tax cut to foreign investors could run for up to 15 years.

So what problem are we fixing?

*Peter Brain, principal of the National Institute of Economic and Industry Research, slammed the plan, saying “it’s driven by powerful interests”.

“It’s not as if we’re in desperate need of foreign investment and the current account [payment balance with the rest of the world] is OK,” he told The New Daily.

Tax revenues could walk. Photo: Getty

*The tax concession would be a drag on the government coffers and the economy.

“We would be just giving away tax and revenues overseas when we don’t need to,” Dr Brain said.

*“Surely we would be better off mobilising domestic savings [through superannuation funds].”.

Stephen Anthony, chief economist with Industry Super Australia, described the plan as “disgraceful and illogical”.

“The government should say to all investors, both local and foreign, ‘we want you to do more capex [capital expenditure],” he said.

Instead, Dr Anthony said, a priority list of projects should be developed and offered to Australian investors.

“They could get the superannuation funds round a table and ask ‘Who wants to invest in this,’” Dr Anthony said.

“If no one wants to, then it could be opened up to foreign investors like international pension funds.”

*Dr Anthony added that Australian super funds are not currently getting fair access to infrastructure projects.

*“We get a better hearing from Donald Trump and the US state governors than from the Australian government,” he said.

Source: ASFA

*This represents a massive lost opportunity because Australian superannuation funds are valued at $2.9 trillion – twice the national GDP.

They are also among the highest performing globally.

To create a level playing field in the investment space, Dr Anthony said the current company tax system should be replaced by taxing non-financial cash flows.

That would allow companies to claim large losses for capital works on a project to encourage construction, but would bar interest payments being used as a tax deduction.

*This strategy would also prevent multinationals using debt to shift profits to low-tax countries, Dr Anthony said.

Deja Vu?

Labor shadow Treasurer Jim Chalmers said the opposition supported the Treasurer’s infrastructure proposal but said it had already been floated with legislation passed earlier this year.

The tax plan sounds familiar to Jim Chalmers. Photo: AAP

“Josh Frydenberg is recycling an old policy to try and distract from the fact that the economy is floundering on his watch and that he doesn’t have a plan to turn it around,” Dr Chalmers said.

“Pretending that an old policy is new again or a new way to deal with an economy which is slowing is not a plan, it’s a con.” 

Independent economist Saul Eslake said if the proposal was implemented there would be no reason to extend it to Australian superannuation funds.

“The super funds already pay lower tax than other investors [15 per cent versus a company tax rate of 30 per cent] so the case is not strong,” he said.

Bringing in big foreign investors to back infrastructure projects could be problematic, Mr Eslake said.

“There is increased surveillance by FIRB [Foreign Investment Review Board] especially on state-owned investors in areas like ports, telcos and electricity generation and distribution.”

Some significant investment by Chinese state-owned enterprises has already been barred in telecommunications and electricity and there have been concerns about the sale of the port of Darwin to a Chinese group.

The New Daily is owned by Industry Super Holdings 

SOURCE: https://thenewdaily.com.au/money/finance-news/2019/11/14/infrastructure-tax-cut/?utm_source=Adestra&utm_medium=email&utm_campaign=Morning%20News%20-%2020191115

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How more than A THIRD of the most expensive homes in Australia are bought by super rich Chinese entrepreneurs

In 2019 China had over 300 billionaires which put the country second in the world, after the United States

https://en.wikipedia.org/wiki/List_of_Chinese_by_net_worth

In China, there are 4.4 million millionaires, an increase of 158,000 on 2018, according to the report, and 10% of the global total. There are an estimated 1.1 billion adults in China.Oct 21, 2019

https://www.theguardian.com/business/2019/oct/21/china-overtakes-us-in-rankings-of-worlds-richest-people

AND China has a burgeoning Middle Class too! The lure of buying Australian Real Estate is about gaining a ‘Permanent Residency’ Visa which is thrown in for buying Australian property …

‘THE SILENT INVASION’ promoted … expedited by the policies of the Morrison Government …

THIS, it would seem, explains why the Australian Constituency has been sidelined by the Morrison Government/Property Council of Australia

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How more than A THIRD of the most expensive homes in Australia are bought by super rich Chinese entrepreneurs

  • Australia’s most expensive property was sold to a Chinese investor for $140m
  • Other apartments in the building also sold for about $40m to foreign buyers
  • One quarter of Chinese tourists visiting Australia are looking to buy property

By CHARLOTTE KARP FOR DAILY MAIL AUSTRALIA

14 November 2019

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One third of the most expensive homes in Australia have been scooped up by wealthy Chinese investors.

Thirty per cent of multi-million dollar mansions and penthouses around the country are owned by buyers from mainland China and Hong Kong, including coveted areas in Sydney and Melbourne, reported The Australian.

One luxury home in Sydney Harbour’s Fairwater estate went to a foreign investor for $100m and a mansion in Melbourne’s ritzy Toorak was snapped up for $26.25m.

But the nation’s most expensive home eclipsed previous figures after a mystery Chinese-born entrepreneur paid $140m last month for a Barangaroo South penthouse that hasn’t been built yet.

An artists's impression of Barangaroo South property that hasn't been built yet

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An artists’s impression of Barangaroo South property that hasn’t been built yet

An artist's impression of one of the many rooms in a Barangaroo South property that was sold for $140m

An artist’s impression of one of the many rooms in a Barangaroo South property that was sold for $140m

Once completed in 2023, the buyer will use the top two-storey penthouse as their home and the sub-penthouse as a separate living quarter.

Spanning 1,600 square metres, nine-bedroom home features a master bedroom that is the same size as a small city apartment.

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The tower’s agents said many of the apartments have sold for around $40m to Chinese-born nationals.

The sale comes after billionaire developer Phillip Dong Fang Lee bought a Point Piper mansion for $39.9 in Sydney’s affluent eastern suburbs.

China shows off their strength during 70-year parad

eLoaded: 0%Progress: 0%0:00PreviousPlaySkipMuteCurrent Time0:00/Duration Time8:35FullscreenNeed Text

Sydney Harbour's Fairwater estate went to a foreign investor for $100m

Sydney Harbour’s Fairwater estate went to a foreign investor for $100m

James Packer’s former Vaucluse abode sold in 2015 to Chinese-born Chau Chak Wing for $70m.

While the federal government placed new taxes on foreign investors, migration agent John Hu said Hong Kong nationals have expressed 50 per cent more interest in Australian properties since civil unrest began in June.

‘For enquiries, we are reaching about 1,000 a month and they are asking for different countries and of course Australia is on the top of the list.’ 

About 1.2 million Chinese tourists visit Australia every year.

SOURCE: https://www.dailymail.co.uk/news/article-7683201/How-expensive-homes-Australia-bought-Chinese-entrepreneurs.html

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Where the richest 250 live: Toorak the toast of the nation

Toorak boasts 23 of the nation’s richest 250, more than any other suburb in Australia.
Toorak boasts 23 of the nation’s richest 250, more than any other suburb in Australia.

Forget Sydney’s harbourside mansions or huge beachside shacks on the Gold Coast or Perth.

More of Australia’s wealthy elite live in trophy homes in Melbourne’s genteel Toorak than any other suburb in the country.

READ MORE: How the Chinese are buying up our most expensive mansions | Sydney, Melbourne house prices could surge up to 15pc | Saving Paradise also saves Jerry Schwartz $32m | Love thy neighbour: how to make newbies feel at home

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An analysis of The List – Australia’s Richest 250, published by The Australian, reveals 23 members of the country’s richest people live in Toorak. It is more that any other individual suburb, including the likes of Point Piper and Vaucluse in Sydney or Mosman Park in Perth.

What Toorak lacks in flash and pizzazz, it makes up for with high property prices, large grounds for mansion owners with room for swimming pools, tennis courts and immaculate gardens.

Homes in Toorak are often set on large grounds with immaculate gardens.
Homes in Toorak are often set on large grounds with immaculate gardens.

It may not have a natural geographic advantage, but Toorak is seen as the place to live when one has truly “made it” in Melbourne.

“There’s only one Tookak,” says Sarah Case, a real estate agent for RT Edgar who specialises selling mansions to and for the uber wealthy in Melbourne.

“There’s usually not a lot of stock on the market, and once you move there you tend to stay there. It is different in Sydney, where you’ll have quite a few suburbs that would be the equivalent of a Toorak.”

The revelations of Toorak’s esteemed position for Australia’s moneyed class is contained in The Weekend Australian’s The List — Best Mansions magazine, out on Saturday, which explores the suburbs where the rich live, assesses the top real estate agents of 2019 and takes a look inside four spectacular mansions from the coast to the country.

Lindsay Fox moved to Toorak in the 1970s. Picture: Ben Swinnerton
Lindsay Fox moved to Toorak in the 1970s. Picture: Ben Swinnerton

Toorak boasts residents including billionaire Lindsay Fox, who moved to Toorak in the late 1970s and has owned a mansion on one of the best streets in the suburb, Irving Road, ever since. Other big names include retail magnate John Gandel, young property developer Tim Gurner and Jayco caravans owner Gerry Ryan.

The List’s Top 50 Mansions includes several big Toorak sales in recent years, such as the $38.8 million purchase of a Chastleton Ave mansion by Ruslan Kogan, the founder of online retail business Kogan.com, last year.

That price set a record with Kogan taking ownership of a mansion spanning 2600sq m on three blocks.

The 50 most expensive mansions in Australia are priced over $26 million, and a property which Ms Case is selling in Toorak could soon join those ranks.

A mega mansion at 2-3 Myvore Court is on the market with an indicative selling price of $27 million to $29 million and is set on 2138 sqm of land in an exclusive cul-de-sac.

The house has a lift servicing four levels and garaging for six cars, Jack Merlo-designed landscape gardens and a tranquil infinity pool with water wall courtyard.

2-3 Myvore Court is on the market for between $27 million and $29 million.
2-3 Myvore Court is on the market for between $27 million and $29 million.

Ms Case says Toorak buyers like prestigious addresses in St Georges Road, Lansell Road, Albany Road and Irving, though big properties can be hard to find.

An analysis of the Richest 250 members in Toorak show that the average estimated value of the 23 residents’ houses is $23 million, but they have been owned on average for at least 15 years.

Don’t miss The List — Best Mansions. Where the rich live, the dream houses that never come up for sale, the real estate agent A-league. Out Saturday in The Weekend Australian.

JOHN STENSHOLT

EDITOR, THE LISTJohn Stensholt joined The Australian in July 2018. He writes about Australia’s most successful and wealthy entrepreneurs, and the business of sport. Previously he worked at The Australian Financial Review and … Read more

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PUBLIC ASSETS will have to be sold to fund Phase 2.0 of rebuilding Sydney … 14 November 2019

THIS piece is ramping up the rhetoric

Those that put out this stuff seem to be under the pump to get things happening for those in the corner they are supporting …

THE sell-off of OUR PUBLIC ASSETS … means we pay more … a loss of revenue for NSW …

AND with much of these assets now Chinese State-owned … we lose our security too!

NSW INC makes much of its JOBS market 110,000 a year … but where are the workers sourced from?

-Visa holders … seeking permanent residency …

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Public assets will have to be sold to fund phase 2.0 of rebuilding Sydney

There’s a clever political calculation in the government’s asset recycling program, but there are also risks of lost opportunities — and attacks from Labor if things go wrong, writes Anna Caldwell.

Anna Caldwell, The Daily Telegraph

Subscriber only|November 14, 2019

DAILYTELEGRAPH.COM.AU2:08NSW govt defends claims election promises have been broken

The NSW government is defending claims election promises have been broken, arguing bus services are being franchised and not privatized.

The opposition has attacked the Premier …

When Mike Baird ­fronted the NSW ­people five years ago and told them he wanted to sell off their electricity poles and wires, cynics thought he’d never convince them.

But Baird was the master salesman.

His pitch was to hang up the For Sale sign around NSW — a plan that would eventually net the state $34 billion for the sales of electricity poles and wires and other assets.

Labor embarked on a fierce (scare) campaign about selling the electricity network to international actors, but Baird prevailed.

How is the government planning to pay for its next round of infrastructure? Picture: Terry Pontikos
How is the government planning to pay for its next round of infrastructure? Picture: Terry Pontikos

The spoils went far and wide, ­injecting NSW with enough money to ride high on economic good times as major projects like the Sydney Metro City and Southwest, Parramatta Light Rail, WestConnex and the Western Sydney Stadium were funded.

Jobs, investment and construction were plentiful.

Treasury estimates now that the current $93 billion pipeline of infrastructure projects is driving 110,000 jobs a year over the next for year.

CAAN: No proof reading! Should it be ‘four years’?

AC: But wait. What happens when the cash runs out? What happens when the music stops playing?

Because that’s exactly what we’re on the cusp of — and it’s going to happen against an already soft economy.

The fear of Sydney stalling is ­already being quietly voiced in ­engineering firms and urban planning offices.

A slew of big projects going forward remain unfunded.

The onus now is on the Berejiklian government to activate phase 2.0 of the great building Sydney dream.

Treasurer Dominic Perrottet is ­unequivocally committed to continuing the state’s infrastructure story.

Speaking in his Parliament House office this week, Perrottet told me the (he?) had no intention to take his foot off the pedal when it came to building ­future infrastructure projects.

“We are rebuilding Sydney. We are taking our city from good to great. We’re building not just for now but for the future generation,” he said.

He conceded there were several big unfunded projects waiting in the wings and did not shy away from finding money for them.

Treasurer Dominic Perrottet says Sydney’s future is bright. Picture: Richard Dobson
Treasurer Dominic Perrottet says Sydney’s future is bright. Picture: Richard Dobson

It won’t be easy. The economy is lagging and when Perrottet hands down the mid-year budget update in coming weeks, it is likely there will be writedowns.

This means future projects will be funded through a combination of ­borrowing more money at low rates and selling off assets.

Many people will be questioning whether it makes sense, too, to sell off assets such as WestConnex in an ­attempt to avoid debt at a time when money can be borrowed at historically cheap interest rates.

Spoiler alert — they are likely to borrow as well.

Perrottet is relaxed about debt even as he faces a $38 billion debt bomb over the forward estimates. On the one hand, borrowing rates are almost criminally cheap, and then on top of that he has the security of his future fund which he created two years ago and will hold $29 billion by 2029.

It was Baird who embraced the term “asset recycling”a pivot away from the politically poisonous term “asset sales” which had seen ­Queensland Premier Anna Bligh come undone.

Baird’s concept was that assets are never just sold — the money is recycled into new assets, allowing the state to continue to grow in value.

In this sense, it’s running the state like a corporation that’s in the business of constructing infrastructure, selling it, and then using the proceeds to build more of the stuff.

Former premier Mike Baird embraced the term ‘asset recycling’. Picture: Britta Campion
Former premier Mike Baird embraced the term ‘asset recycling’. Picture: Britta Campion

This economically astute concept allows politicians to sell the benefit of the transaction, which is important because Labor will mount a strong ­attack should private operators be seen to be doing a worse job than ­government.

*Think the controversy over the land registry, or the threat of industrial action over privatised bus services in the Inner West.

Earlier this year, speaking of Baird’s poles and wires sale, Premier Gladys Berejiklian remarked “would you look out the window and own the electricity pole on the corner, or would you rather us build a new hospital up the road?”

Her political calculation is that the answer is simple.

The government is already doing a scoping study which paves the way for selling its forestry corporation ­assets.

You’d be wise to expect the ­remaining stake in Sydney Motorway Corporation will also go under the hammer, which requires no legislation and therefore no messy political fight.

After that, it gets harder.

The Nationals will have a brawl with the government if it tries to sell off the bush-based Essential Energy.

A further sale of Ausgrid requires legislation and the government will face a hostile upper house.

*Selling off water assets would be politically poisonous in the current climate of drought.

Perrottet and Berejiklian have their work cut out for them.

Sydney must keep moving. There is no doubt about that.

The government has built its ­legacy on driving growth and it knows full well that it can’t afford to stop now.

It’s never easy to convince voters you want to sell off their family ­heirlooms, but this government has done it before.

Doing nothing is not an option. Sydney must continue to grow and this is even more important as the economic headwinds blow.

SOURCE: https://www.dailytelegraph.com.au/news/nsw/public-assets-will-have-to-be-sold-to-fund-phase-20-of-rebuilding-sydney/news-story/fc0be02b6bebd5a3a8c28e358f97507e

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Mind the ($30b) gap: Massive bill to build Sydney

IT’s ramping up the rhetoric …

Those that put out this stuff seem to be under the pump to get things happening for those in the corner they are supporting

Apart from a front page that is clearly ringing the alarm bell … the explanation inside details how there is a massive shortfall in infrastructure spending that needs to be addressed so we must get on board and sweep aside all obstacles


Essentially it is about getting high-rise going on Glebe Island … and who do you think would benefit the most from that?

Hm … wonder, does it have his finger prints all over it?

Probably.

THE INFRASTRUCTURE that SYDNEY and NSW need are roadworks … all the potholes filled … underground power lines … that is the infrastructure that NSW needs … and would create JOBS … lots of them! Boost the economy … but oh, no …

Mind the ($30b) gap: Massive bill to build Sydney

NSW faces a huge infrastructure funding shortfall of about $30 billion needed to drive projects critical to the state’s future. But the government has vowed to push on and is considering all methods of obtaining the cash needed to finalise key projects.

Anna Caldwell and Matthew Benns,

The Daily Telegraph

November 15, 2019 5:

DAILYTELEGRAPH.COM.AU1:54Bradfield Oration 2019: Justin Hemmes on Sydney’s future

Bradfield Oration 2019: Justin Hemmes on Sydney’s future After five years of lockout laws the Sydney hospitality industry is finally looking up according to Merivale boss Just…

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Primary school students’ ideas on what Sydney needsSydney’s live music, theatre scene smashed by Melbourne‘Tomorrow’s jobs will be very different,’ futurist predicts

*NSW faces a massive infrastructure funding shortfall of about $30 billion needed to drive projects critical to building the state’s future, as the government contemplates taking on more debt or even selling off further assets to bridge the gap.

Treasurer Dominic Perrottet told The Daily Telegraph that he would not take his foot off the pedal when it came to Sydney’s infrastructure program.

An artist’s impressions for the future development of the Glebe Island area. Image: Arterra Interactive/Rob Mirams
An artist’s impressions for the future development of the Glebe Island area. Image: Arterra Interactive/Rob Mirams

“We are rebuilding Sydney. We’re taking our city from good to great. We’re building not just for now but for the future generation,” he said.

As Reserve Bank governor Philip Lowe repeatedly urges governments to increase infrastructure investment, NSW is staring down the barrel of a massive multibillion-dollar shortfall, which the Treasurer will need to tackle in order to continue the state’s building legacy.

In an interview in his Parliament House office this week, Mr Perrottet conceded there were major projects in the state’s sights which still needed funding.

“I’m squarely focused on keeping the infrastructure program going while maintaining the state’s Triple A credit rating,”

👿

Mr Perrottet said, noting that this was an honour that only five sub-sovereign states outside the US could claim.

BRADFIELD VENTI - 0

*The funding gap Mr Perrottet faces includes a massive $14 billion shortfall for the Sydney Metro West — the much-trumpeted project that will connect Parramatta to the CBD in under 20 minutes.

*The government has committed $6 billion to the massive project but will need to find the rest.

Then there is the Greater West Metro — the railway line that will link Greater Western Sydney to the new Western Sydney airport — which is estimated to cost between $15-$20 billion and is funded on a 50-50 arrangement with Canberra.


WestConnex is cutting time off the trip between the M4 and Parramatta Rd or the City West Link heading into Sydney’s CBD. Picture: Sam Ruttyn
WestConnex is cutting time off the trip between the M4 and Parramatta Rd or the City West Link heading into Sydney’s CBD. Picture: Sam Ruttyn

The state has already found $2 billion for that but has a long way to go.

The Western Harbour Tunnel and Beaches Link has an estimated price tag of $14 billion, with just $556 million allocated.

The second phase of the Parramatta light rail is so far uncosted.

In total, the shortfall is closer to $40 billion but The Daily Telegraph has been told part of that will come from capital expenditure in the NSW Budget.

The options for funding the rest are continuing the state’s asset-recycling program, borrowing more money or raising taxes — which Mr Perrottet ruled out, having already cut $5 billion in taxes in his past four Budgets.

Mr Perrottet indicated that extending the state’s debt levels was a viable option, noting that debt was historically cheap.

He noted that he also has the security of his generation fund — the future fund which will grow to $28 billion by 2029 and protects against future debt problems.

NSW Treasurer Dominic Perrottet. Picture: Brett Costello
NSW Treasurer Dominic Perrottet. Picture: Brett Costello

The government already has a massive fully funded $93 billion infrastructure program underway, but engineering firms and developers are concerned the city is on the cusp of stalling.

Gabriel Metcalf, Committee for Sydney chief executive, said: “There have been few significant new tenders in the market since the end of 2018.

“We know the pipeline is ready — so the most likely reason for the delay and uncertainty is that government is struggling to come up with the funding. It is becoming clear that the next set of projects are stalled.

“No one can deny how expensive these infrastructure projects are. But they are absolutely essential for the long-term viability of Sydney. In truth, the projects under construction are largely a form of catch-up, after a decade of not adding infrastructure while population continued to grow.”

Independent economist Clifford Bennett said infrastructure is the life blood of the economy, creating jobs and improving quality of life.

An artist’s impression of the planned Sydney Metro station at Burwood, in Sydney’s inner west.
An artist’s impression of the planned Sydney Metro station at Burwood, in Sydney’s inner west.

“State and federal governments should be looking to double their current infrastructure plans, because we need to be No.1 in our region in terms of ease and speed of travel and transport in all its forms, from railways to internet speeds,” Mr Bennett said.

“While interest rates are at historically low levels, this is the time to act boldly and think bigger than we ever have before in regard to infrastructure transformation,” he said.

The government has already put the state’s softwood plantation business out for a scoping study, which could yield about $1 billion if sold.

The most likely asset sales option after this would be the remaining stake in Sydney Motorway Corporation, after the first half was sold for $9 billion.

*Selling more electricity assets would require legislation — difficult with a hostile upper house.

*Selling water assets in a drought is also highly unlikely.

*Mr Perrottet rejected the description that asset recycling was “selling off the state”.

BAY BID KEY TO HALT CONCRETE BUNGLE

Prime harbourfront land at Glebe Island will be used to deliver and store concrete and building materials in what experts have called a tragic missed opportunity for Sydney.

*“Glebe Island is a stunning location in Sydney Harbour and it must be fully developed with mixed uses including residential,” the Urban Taskforce’s Chris Johnson said. “To only use the island for building materials and concrete batching plants would miss an amazing opportunity.”

👿

The Port Authority of NSW wants to make the whole island a shipping facility and has already given its own proposal for concrete batching at the western end the green light in the face of furious opposition from locals, councils and developers who believe the new Metro West link would unlock the area’s potential.

An artists impressions for the future development of the Glebe Island area. Image: Arterra Interactive/Rob Mirams
An artists impressions for the future development of the Glebe Island area. Image: Arterra Interactive/Rob Mirams

Committee for Sydney chief executive Gabriel Metcalf said: “The renewal of the Bays Precinct is one of the most important regeneration projects in Sydney today. Building a Metro station and linking the area to the CBD and Parramatta via rail will create a fantastic opportunity for new jobs and new places for people to live.”

One artist’s impression for Glebe Island’s alternative future reveals a glitzy eight-tower mixed commercial and residential precinct.

CAAN: Where’s their taste? Imagination? More to be Shanghai’d ….

Its backers also found an unlikely ally in Lord Mayor Clover Moore who said: “Space in the middle of one of the most densely-populated areas in the country could be put to better use than a concrete batching facility.”

BUILDING A GOLDEN AGE FOR OUR CITY

Comment by Tony Shepherd

👿

Sydney is on the burst.

Not since the era of the great John Bradfield have we seen such a burst of energy. WestConnex, Metro, Light Rail, Western Sydney Airport and Aerotropolis, hospitals, schools, museums, galleries, stadiums, theatres and Sydney Harbour Walk.

An unprecedented city investment program.

The whole purpose of this explosion is to make Sydney the best and most exciting place in the world to live, work, play and visit.

In this Oration our focus is on people and liveability.

The new infrastructure must be more than functional. It must be beautiful, open and accessible and renew our pride in our city. It must be inspired by the innovation and attraction of the Sydney Opera House.

Plans for a Western Harbour Tunnel and Beaches Link.
Plans for a Western Harbour Tunnel and Beaches Link.

The night-time economy is returning to Sydney with the safe reform of the lockout laws. With the massive investment in transport Sydney will be far more accessible and we want to bring to it a vibrancy we have not seen for many years.

CAAN: There’s that V word again … quoted again … and again …

The new and expanded cultural and sporting facilities will put Sydney back in its rightful place as Australia’s premier city. We must build for the future so we can be proud of our legacy to future generations.

The new economy requires the creation of virtual and physical intellectual hubs. Our massive investment program creates the places and connectivity which will make Sydney a far more attractive place to live, work and play.

Parramatta Station in the planned Sydney Metro West rail line.
Parramatta Station in the planned Sydney Metro West rail line.

It is up to our research institutions and business to take advantage of the opportunities created.

To achieve our goals we must also relax the heavy hand of bureaucracy which can be anti-change and tends to preserving the status quo.

We want our children, grandchildren and great-grandchildren to look back at this era and reflect on it as a golden age.

Tony Shepherd is chairman of the boards of the Greater Western Sydney Giants, the Sydney Cricket Ground & Sports Trust and a former chairman of Transfield and a Business Council of Australia president

SOURCE: https://www.dailytelegraph.com.au/projectsydney/mind-the-30b-gap-massive-bill-to-build-sydney/news-story/488f929ec128da6b5692c8208c7e4904?utm_medium=Facebook&utm_source=DailyTelegraph&utm_campaign=EditorialSF&utm_content=SocialFlow&fbclid=IwAR0a_7ssI6ikjjNk2SRImnhESSx4NVP6yRviRi6FGnUBic57wEzmNNGmwTs

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RACE CARD Played at Sydney Council Meeting …

Update on the zoo … what a disgrace … as Pro Beijing groups mobilised to support the Ryde deputy mayor …

Pulling the ‘Race Card’ is no longer having its desired impact!

Exclusive

Pro-Beijing groups mobilised to support embattled Ryde deputy mayor

Angus GriggEdmund Tadros and Neil Chenoweth

Nov 14, 2019

“Pro-Beijing groups linked to the Chinese consulate in Sydney were mobilised to support embattled Ryde deputy mayor Simon Zhou, who has been condemned for playing the “race card” after being referred to the NSW corruption watchdog.

Mr Zhou used a council meeting on Tuesday night to call on Chinese-Australians to “fight back and stand up” amid cheers from the public gallery packed with his placard-wielding supporters.

*The Australian Financial Review has discovered these supporters were not a local community group as their signs suggested, but mostly from the Hubei Homeland Association, which has links through its convener to the Chinese consulate in Sydney.

The group was organised via Chinese messaging service WeChat, with those involved told they needed to let “bad people” in the media and on Ryde City Council know that they did not agree with the recent attacks on their “Chinese representative”.

The group was organised by a person using the WeChat handle Wolf Grandma, an apparent reference to the patriotic Chinese movie Wolf Warrior.

On an adjoining WeChat group one person noted this was not a grass roots organisation and warned others that the organiser was “working for and connected” to Chinese authorities.

The person said the organiser’s husband was a former member of the People’s Liberation Army and remained in contact with those at China’s consulates and embassy in Australia.

The group was told to meet at Eastwood railway station at 6.10pm on Tuesday and take the 515 bus together to the council chambers.

Professor Feng Chongyi from UTS said the “race card” was too often played by Chinese people. Steven Siewert

Feng Chongyi, an associate professor of Chinese studies at UTS, said the show of support for Mr Zhou had the Communist Party’s fingerprints all over it.

“Whenever these issues emerge they rally to put on a show,” he said.

“But you can easily see that the Chinese consulate and so-called patriotic leaders are behind it.”

Simon Zhou, left, with disgraced Chinese billionaire Huang Xiangmo.

RELATED

Sydney deputy mayor went to Communist Party training camp
Professor Feng said the Chinese consulate in Sydney had changed tactics in recent years and now preferred to use “homeland associations” or cultural groups for pro-Beijing causes, rather than patriotic organisations, which had become too high profile.

Mr Zhou has been referred to the NSW Independent Commission Against Corruption after failing to declare a $4 million connection to disgraced property developer Huang Xiangmo.

Ryde mayor Jerome Laxale used his own casting vote to keep his job. Jeremy Piper

This followed Ryde council granting a key planning approval for the redevelopment of Eastwood Plaza, owned by Mr Huang’s Yuhu Group.

Mr Huang put the site on the market after planning permission was granted and stands to make a $135 million profit. Mr Zhou does not stand to benefit from the planning decision.

Some Chinese like to use so-called racism as an excuse to protect what they have done wrong.
— Din Lin, Chinese-language columist

Tuesday night’s council meeting was convened to ask Mr Zhou, who sits as an independent, to step aside as deputy mayor while any ICAC investigation takes place.

Labor mayor Jerome Laxale has referred himself to ICAC, but has not disclosed the details.

Mr Zhou responded to the motion with an impassioned speech, breaking into Mandarin at times, to say the attacks against him were racially motivated because he was born in China.

“These attacks are aimed at bringing down a successful Chinese immigrant,” he said to cheers from the gallery. “It’s time we immigrants fight back and stand up against this bullying and harassment.”

*Chinese-language broadcaster and columnist Din Lin said the criticism of Mr Zhou had nothing to do with racism.

“Some Chinese like to use so-called racism as an excuse to protect what they have done wrong. This is nothing about racism,” he said.

His comments were echoed by Professor Feng who said the “race card” was too often played by Chinese leaders when they were under attack.

Mr Laxale was forced to use his casting vote to break a deadlock on council and defeat the motion that sought to have Mr Zhou and himself step aside.

Mr Laxale’s casting vote was also used to water down a motion for council to formally refer the pair to the ICAC.

Rather, it “noted” a referral had already been made and said if the ICAC was to investigate, then council would fully co-operate.”

Ryde deputy mayor Simon Zhou with his supporters on Tuesday night.

SOURCE: https://www.afr.com/politics/race-card-played-at-heated-sydney-council-meeting-20191113-p53a1d?&utm_source=facebook&utm_medium=social&utm_campaign=nc&eid=socialn%3Afac-14omn0053-optim-nnn%3Anonpaid-25%2F06%2F2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_facebook&fbclid=IwAR3OdBMVs5wc44rAOsZWATbtbCN-fsxdHN2SioZdo8Jj2GoD_HAe4sJWG0g

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INSOLVENT DEVE-LOPERS Forced into Fire Sales!

CAVEAT EMPTOR … Buyer Beware!

Story image for Distressed sales rise among small developers from The Australian Financial Review

Remember Sydney Property Developer Ralan collapsed in July 2019 …

Insolvent developers forced into fire sales

By Unconventional Economist in Australian Property

November 14, 2019 | 4 comments

Earlier this week, we learned that construction insolvencies are booming, according to ASIC:

Insolvencies in the $150bn residential and non-residential construction industry remain at a high level… insolvencies in the three months to September jumped 78 per cent in Victoria, 41 per cent in Queensland and 7 per cent in NSW.

This was a significant contributor to the 5 per cent increase in year-on-year national defaults to 2309 across all industries, with 22 per cent coming from construction.

Comparative figures for the past 12 months were 8232 insolvencies, of which 20 per cent was in construction.

Today we learn that property developers – both domestic and foreign – are being forced to sell:

Story image for Distressed sales rise among small developers from The Australian Financial Review

“We’re definitely seeing an increase in mortgagee in possession come into the market,” [Capio Property Group chief executive Mark Bainey] said.

“Many high interest rate private loans taken out for sites that were purchased at the height of the boom are now starting to mature and lenders aren’t extending the loan terms… It’s a growing trend with the proliferation of non-bank lenders”…

“I think there will be more distressed assets coming into the market, particularly the vacant land,” [Ray White Commercial Western Sydney selling agent Peter Vines] said…

Mr Bainey said the distressed sales were mostly coming from small- to medium-sized local and Chinese developers.

This comes as developers are showering incentives on buyers amid rising vacancy levels as projects started during the height of the property bubble are completed, and as demand evaporates amid growing concerns of dodgy building standards, flammable cladding, as well as falling overseas buyer demand.

It’s a high-risk market that’s best avoided.

Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith is an economist and has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Story image for Distressed sales rise among small developers from The Australian Financial Review

SOURCE: https://www.macrobusiness.com.au/2019/11/insolvent-developers-forced-into-fire-sales/#comments

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SYDNEY WATER STORAGES FACE ‘DAY ZERO’ … lowest ever Water Levels!

Warragamba Dam levels were at 54 per cent in May (pictured).

Photo: Daily Telegraph: Warragamba Dam May 2019

WARNING!

Those enticed by the lure of real estate tourism and permanent residency may well be leaving behind a country with many rivers to quench their thirst!

To come downunder to Sydney for “day zero’’ — the day we run dry … most settle in Western Sydney … far from the coast where desalination plants will be prohibitively expensive to run!

Sydney water storages face “day zero” as migrants flood in

By Unconventional Economist in Australian Economy

November 14, 2019 | 45 comments

Sydney’s water storages are plumetting at a faster rate than was experienced during the 2000s Millennial Drought, which was said to be the worst drought in Australia’s recorded history:

This has authorities concerned that Sydney could soon face “day zero” – a time when the city runs out of drinking water:

Sydney’s water storage levels are on track to be at their lowest in history by next year as authorities grapple with how to stave off the looming prospect of a Sydney “day zero’’ — the day we run dry.

The current decline in water reserves has been so swift that Greater Sydney’s combined water storage is set to be smaller than what was recorded in the millennial drought by late next year. And it is understood that a planned expansion of the city’s desalination plant will only temporarily hasten the decline in water ­levels when the plant is forced offline for a month…

Current forecasts say Sydney has enough water to last only until May 2022.

Asked about the crisis, Water Minister Melinda Pavey said “Sydney is not immune to the drought” and added that the decline in water since ­August 2017 was the biggest drop in storage ever recorded. “NSW is in the worst drought on record, city and country,’’ she said.

“We all need to be doing our bit to conserve as much water as we can”…

Ms Pavey said Sydney faced “the biggest decline in water storage on record”.

The key difference between now and the 2006 water storage low is that Sydney’s population has grown by around one million people (~20%) over that period, which has dramatically increased water demand.

As we know, Sydney is the nation’s prime immigration gateway, importing an extra 77,100 people in 2017-18:

Sydney’s population is also projected by the ABS to balloon by 94,000 people a year for the next 48 years, effectively doubling the city’s population to 9.75 million people. And all of this growth will come from net overseas migration (NOM):

Even as droughts become more common and severe and evapotranspiration rates skyrocket:

The Sydney Desalination Plant in Kurnell, which was reactivated in January after dam levels dropped below 60 per cent. Picture: Getty

Photo: Daily Telegraph: Sydney Desalination plant

A ballooning population alongside water-draining climate change is obviously a dangerous combination that will inevitably lead to chronic water shortages and the need to construct an entire battery of energy-hungry desalination plants up and down the coast.

This situation is made worse by the fact that most new migrants locate in Sydney’s West, which is farthest away from the ocean and makes desalination less viable (and more expensive).

This planning lunacy will mean Sydneysiders will die of thirst long before its population targets are met.

Or we can, you know, cut immigration now.

Unconventional Economist

Leith van Onselen is Chief Economist at the MB Fund and MB Super. Leith is an economist and has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.

Warragamba Dam pictured at 54 per cent in May.

Photo: Daily Telegraph

SOURCE: https://www.macrobusiness.com.au/2019/11/sydney-water-storages-face-day-zero-as-migrants-flood-in/

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