NEWS: Hard-hit burbs and rental bond robbery

Habitat-7_Superman-Shot-1-e1770190353180.webp

Habitat apartment block in Hornsby - it's got the golden ticket.

Where are the suburbs that will be hit hardest by the interest rate rise?  Where is the latest apartment block to get the “golden ticket” of 10-year building construction insurance?

How come one in ten renters are being robbed of their bonds? And guess where there’s a build-to-rent apartment block that will also list properties on Airbnb.

These stories are all in our roundup of the latest apartment stories from LeftField Communications – find out how to get your daily feeds directly at the end of the story.

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Commercial Real Estate

AirTrunk founder buys landmark Mosman corner in rare village deal
Billionaire Robin Khuda, founder and chief executive of data centre giant AirTrunk, has snapped up a prominent mixed-use corner block in one of Australia’s most affluent suburbs. Kirstan Ross

ABC Online

Queensland land activation program lacks affordable homes mandate
There are no mandates for social or affordable homes in the Queensland state government’s latest action to address the housing crisis. Deputy Premier Jarrod Bleijie says the best thing to address the crisis is “supply”. Alex Brewster

Realestate.com.au

One in ten tenants lose their entire rental bond, new data reveals
Landlords have been taking tenants for a ride with many renters losing more than $2000 to their bond at the end of their lease, often for unreasonable claims. Taylor Troeth

Hidden hotspots: Seven booming Tas suburbs
Seven Tasmanian suburbs are among the nation’s top performing areas, new data reveals. PropTrack analysis reveals 3224 suburbs nationwide experienced price increases exceeding 10 per cent. News Corp Australia – Tasmania

Apartments.com.au

Hornsby becomes the latest suburb with new apartments backed by Resilience Insurance’s 10-year Latent Defects Insurance policy
The 10-year Latent Defects Insurance (LDI) policy, now one of the most important considerations on an off-the-plan apartment buyer’s checklist, has expanded its growing presence to another Sydney suburb. Norwest-based developer Haitchin Group has secured the policy through Resilience Insurance for its recently launched Hornsby project, Habitat. Joel Robinson

PAY-WALLED PUBLICATIONS

The Sydney Morning Herald

The Sydney suburbs most affected by higher interest rates
Vinnie Ward needed to top up his home loan, and he wasn’t taking chances. The Sydney home owner decided to fix his mortgage even before seeing the Reserve Bank’s latest decision. Alice Uribe and Elizabeth Redman

The Age

The Melbourne suburbs most affected by higher interest rates
Jeremy Zivin had been budgeting for one or two interest rate rises this year, but beyond that lies the unknown. He prefers to be cautious and realistic about his budget, but knows that any unexpected mortgage pressure could affect his future goals, such as being able to travel. Elizabeth Redman and Alice Uribe

The Brisbane Times

Deputy premier heckled while announcing land sell-off for housing
Deputy Premier Jarrod Bleijie was heckled on Tuesday as he announced a plan to sell off excess government land to boost Queensland’s housing supply. Bleijie said the first sale — a six-hectare former Energex site at Banyo in north Brisbane — would result in hundreds of new homes being fast-tracked to the market through Economic Development Queensland. Cameron Atfield

The Gold Coast Bulletin

Massive 720-unit Coomera tower project gets green light from city planners
Gold Coast council planning officers have recommended approval of a massive 720-unit tower development despite fears that local roads will not be able to handle the traffic. Paul Weston

Urban Developer

Pellicano Plots Maroochydore BtR, Short-Stay Twin Towers
Pellicano Group has taken the covers off a twin tower build-to-rent and short-stay accommodation proposal in the heart of the Sunshine Coast’s largest retail hub. Phil Bartsch

Court Refuses 667-Lot Estate Plan at North Lismore
A planned housing estate in North Lismore is facing a major hurdle after the NSW Land and Environment Court doubled down on a refusal centred around Aboriginal cultural heritage impact. Mackycorp’s 667-lot housing estate planned for the North Lismore Plateau, 1.3km from the Lismore city centre, has been in the works since 2021. Clare Burnett

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These are just some of the quirkier property stories from this week this week’s LeftField feed. You can get links to all the latest property stories – houses as well as apartments – for free by registering on the LeftField website.

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    Jimmy-T
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      NEWS: From robbed renters to hard-hit owners, all the left field apartment stories from just one day this week.

      [See the full post at: NEWS: Hard-hit burbs and rental bond robbery]

      If you want to be alerted when anyone replies to your posts or responds to this topic, please register and login, then you will be able to subscribe to the topic. The opinions offered in these Forum posts and replies are not intended to be taken as legal advice. Readers with serious issues should consult experienced strata lawyers. NB: Longer threads may spill over to additional pages - look for the numbers on the bottom right, under the last post.
    Reply To: NEWS: Hard-hit burbs and rental bond robbery
    PLEASE ... If your property is not in NSW, mention its location (state). Don't identify companies or individuals by name. Don't mention or promote your company or services. Keep acronyms and initials to a minimum. Please, don’t use “quote” unless there is a specific point to which you wish to refer, then highlight (define) that specific passage before you click on "quote". Otherwise just use reply. THANKS.

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