Lindsay Saunders

2 weeks ago | theurbandeveloper.com | Lindsay Saunders |Taryn Paris |Renee McKeown |Clare J Burnett

ResidentialAn urban renewal project in Sydney’s inner south is poised to begin after the signing of contracts between the NSW Government and the consortium that will deliver the development. Stockland has informed the ASX that it, along with consortium partners Link Wentworth, City West Housing and Birribee Housing, had finalised contractual negotiations to undertake the development of the Waterloo Renewal Project with Homes NSW. The consortium won the contract in August of last year.

1 month ago | theurbandeveloper.com | Lindsay Saunders |Leon Della Bosca |Clare J Burnett |Taryn Paris

InfrastructureThe design for a $20-million green pedestrian boulevard connecting the Parramatta River and a city-shaping development has gone public. The plans for Block 3 of Parramatta’s 450m link between Parramatta Square, last year visited by 485,000 people, and the river are now on public exhibition and detail the features of the proposal.

1 month ago | theurbandeveloper.com | Lindsay Saunders |Clare J Burnett |Leon Della Bosca |Taryn Paris

The “missing link” in Sydney’s rail network will be filled under a $1-billion commitment by the Federal government revealed today (March 13). The link would connect Leppington, Bradfield and suburbs in the Macarthur region with the Western Sydney airport, which is due to open next year. However, the funding is not to build the line but rather to acquire the rail corridor and for planning.

1 month ago | theurbandeveloper.com | Lindsay Saunders |Clare J Burnett |Leon Della Bosca |Taryn Paris

DevelopmentHalf the cost of a new house and land package in Sydney goes on taxes and regulatory charges, research claims. The Housing Industry Association (HIA) makes the claim in its report, Taxation of the Housing Sector in Australia, undertaken by the Centre for International Economics (CIE). The report said $576,000 of the median package cost was government taxes, regulatory costs and charges. The report is an update to the work undertaken in 2019.

1 month ago | theurbandeveloper.com | Lindsay Saunders |Taryn Paris |Renee McKeown |Clare J Burnett

ResidentialHigh-end markets showed strong growth in February, pointing to renewed momentum within a “bellwether” segment that has historically proven an early indicator of market recoveries. CoreLogic data for March showed that the upper quartile of capital cities, or the top 25 per cent of home values, rose 0.2 per cent in February, which followed a 0.3 per cent fall in January. The lower quartile still outperformed in comparison, rising 0.4 per cent in February after a flat result in January.