Our office has dealt with numerous compulsory acquisitions by branches of the New South Whales Government affecting residential and commercial property owners as well as business operating from these properties. In this brief article we look at what WestConnex and provide further links to relevant sites for further research. As per westconnex.com.au the project will [...]
In August 2016 Core Logic released The Australian Residential Property Market and Economy Quarterly Review. We rely on Core Logic property information for our day to day valuation and research work and look forward to their market research publications. Here are some of the key take always concerning the National, Sate and Sydney residential property [...]
Our valuers recently went to Pam Beach NSW for a current market value valuation of a beach side property. We found that Palm Beach residential property market had different trends to that that of Sydney. When comparing Palm Beach to the greater residential Sydney market and even suburbs directly in close proximity such as Mona [...]
Our valuers recently assisted a North Sydney Restaurant/Take Away business to prepare a compulsory acquisition valuation and subsequent negotiations on their behalf. Business operators should known that they do not have to ‘own’ the property that they operate from and may be entitled to compensation under the Land Acquisition (Just Terms Compensation) Act 1991 should [...]
