Why self-financed upgrade could only happen in NSW
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…
forced sale
‘Forced sale’ laws breathe new life into old blocks
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…
Why poor areas will miss out on urban renewal
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…
Forced sales process explained
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…