Popularity in the western capital continues to grow, however some are overpaying by a country mile as bidding wars get away. Ownership of shophouses alongside Peck Seah Street are tightly held and are hardly on the Real Estate News market. Vacancy rates for Sydney’s prime retail core have dropped to 8.3%, with the one area recording vacancy rates of zero.

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• The VAT exemption for residential items until September also positively impacted the market.
• Women’s involvement within the building sector dates back even to the mediaeval ages, underscoring their enduring presence and…
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• But I suppose as rates come down in the second half of this year, hopefully, you’ll see more confidence from house owners to bring properties again to the market, and you want to see an increase in liquidity.