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Penrith council has a planning proposal for land rezoning. The plan is yet to confirmed, cerain pockets have been rezoned to R3 - medium density. Property price increase for this rezone have not been reflected in my view.. When looking re or domain, use the interactive map in conjunction...

It's hard to convince me that we can sustain a double digit increase year over year, let alone a 20%+ increase for the year. I don't mind and would love to see this type of growth in my backyard which I have vested interest in, but this doesn't mean it will happen.. $500k is possible in...

For detached dwelling, $500k can only get you outer west or south (about 50km).. I have properties in sydney west. This month I done a bank valuation on them. The minimum increase for the 12 months was 20%. This is a boom and should be avoided IMO. I don't mind this sort of increase for next...