Sydney's premium market is poised to grow by 4 per cent in 2020, while Melbourne is set to rise by 3 per cent – trumping Vancouver, New York and Dubai – amid growing confidence bolstered by lower interest rates and limited supply pipeline, the Knight Frank Prime Global Forecast 2020 shows. The report, which monitors the performance of prime properties in global cities, is predicting Paris to lead the charge with a 7 per cent growth as strong tenant and second home buyer demand outpaces supply. Luxury home prices in Sydney are poised to grow by 4 per cent in 2020.  Top-end homes in Berlin and Miami are set to grow by 5 per cent while Geneva is forecast to rise by 4 per cent. Hong Kong's luxury market is set to stagnate, dragged down by the political upheaval that started in May. Dubai's premium home prices are forecast to drop by...

Sydney's housing market is on track to recoup the 15 per cent loss in prices suffered during the 18-month downturn early next year and reach a new record high by March. Property prices in the harbour city surged 2.7 per cent in November, the highest monthly growth rate since 1988, while Melbourne property values grew by 2.2 per cent over the same period, according to the latest CoreLogic Home Value Index. [caption id="" align="alignnone" width="620"] Prices in Sydney grew by 2.7 per cent, the strongest growth since the 1980s. Stephen McKenzie[/caption] Prices also increased in every other capital city except Darwin, with a 2.3 per cent rise in Hobart, 1.6 per cent in Canberra, 0.8 per cent in Brisbane and 0.5 per cent in Adelaide. Even in Perth, where property prices have been trending lower since mid-2014, values grew slightly by 0.4 per cent. Over the past 13 years, Perth...

If you haven’t heard the news, the long-awaited Sydney Metro North West, Australia’s largest public transport infrastructure project, has opened on Sunday May 26! Source: Financial Review The 26-kilometre long line will run from Rouse Hill (Tallawong) to Chatswood, providing the people of Epping with a direct link to the CBD via an ultra-fast metro train service. With departures every four minutes during peak periods, the future residents of The Langston have a lot to look forward to, especially considering Epping Train Station is located only 100 meters from the project’s front door. This will ensure that a range of outstanding local amenities, including major regional destinations such as Macquarie University and Macquarie Shopping Centre, are only five minutes away on the train, providing the ultimate in convenience for the future Langston community.