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  2. Posts tagged: forced sale

forced sale

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Why self-financed upgrade could only happen in NSW

  • 28/09/2020
  • Author Jimmy-T

A small one-bedroom flat in North Bondi was listed for auction last week, with the vendors hoping for about $800,000 when it goes to auction early next month.  Nothing very…

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    ‘Forced sale’ laws breathe new life into old blocks

    • 05/02/2020
    • Author Jimmy-T

    Last year’s slump in apartment sales may have saved some of Sydney’s older apartment blocks from demolition and replacement by something shiny and new … and apartment owners are looking…

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      Why poor areas will miss out on urban renewal

      • 26/11/2015
      • Author

      Owners of units in crumbling apartment blocks in poorer areas of Sydney may be stuck with them indefinitely, according to a new report, while their better-off counterparts in in more…

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        Forced sales process explained

        • 26/10/2015
        • Author

        Recent reforms to NSW strata law, allowing forced sales of apartments for urban renewal, are not as simple as a developer turning up with a cheque book and carting Auntie…

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