Landlords and tenants are seeking additional details from the New South Wales government after it announced it would provide additional support to those affected by COVID-19 after its moratorium on evictions and freeze on rental increases expires later this month.
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Australian Property Investor Magazine
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Global development giant Brookfield has secured another blue chip tenant in financial services group Moelis Australia for its $2 billion Brookfield Place Sydney, as occupancy begins to bounce back in the city’s CBD office market.
Buying a property without looking at it has traditionally been almost unheard of in Australia, but an increasing proportion of buyers are willing to take the risk rather than miss out on their dream home.
Australia’s ideal property investment has swiftly evolved as a side-effect of the COVID pandemic, with uncertainty mounting over whether a shift away from inner city apartments to house and land will be a lasting phenomena.
Negotiating the best purchase price for a property is part studiousness, part guesswork and a healthy dash of poker acumen.
Prospective buyers continue to line up in unprecedented numbers at home opens in Brisbane, prompting agents to extend their openings as the elevated demand for properties pushes the median house price to a record high.

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