Recently, the NSW government has confirmed land close to seven Newcastle and Lake Macquarie train stations will be “snap rezoned” for higher housing density. The stations identified are the Newcastle Interchange, Hamilton (image above), Adamstown, Kotara, Teralba, Booragul and Morisset.
The government will impose new planning controls within 400 metres of 31 train stations across … Read the full post »
Our office is closed from 22 December 23 and will reopen on the 2 January 24.
During this time please contact sales agents direct on their mobile.
Emergency Repairs please send your details and the repair via text to 0474 748 991
Best wishes for the Xmas and New year…. Read the full post »
If you’re a property owner or landlord in our vibrant city, understanding the ins and outs of strata insurance is crucial to protecting your investment. Walkom Real Estate is here to guide you through the essentials, ensuring you have the right coverage for your property.
Strata Insurance: An Overview
Strata … Read the full post »
Recent fire damage in a Newcastle rental property.
It may, or may not, come as a surprise to learn that landlord’s insurance is not compulsory in NSW. By choosing to not pay for landlord insurance you may think that you are saving money, but it’s a false economy. Here at Walkom Real Estate, our decades of experience … Read the full post »
Walkom Real Estate are delighted to support The Rotary Club of Newcastle’s Charity Bike ride. The cycling event goes from Newcastle Foreshore to Dungog. A distance of about 90kms with 751m of elevation.
Date : 21st October 2023
Details of the Ride are as follows:… Read the full post »
It wasn’t so very long ago that the Australian dream was to own a quarter acre block in the suburbs with a Hills Hoist in the backyard. Most people had reasonable expectations that they would one day be able to own their own home. Apartments were for investors and young trendy professionals living in cities … Read the full post »
Rental affordability in NSW has become a hot issue and with a new Labor government in power, there are significant changes to the industry being considered and new laws being adopted. Demand for rental properties in recent years has surged, causing an increasing competitiveness in the market. One of the consequences of this cutthroat environment has been the … Read the full post »
As tax time approaches, Australian landlords are urged to be proactive in preparing their rental property expenses and ensuring compliance with tax regulations. Recent reports indicate that incorrect returns have been rife among property investors, prompting the Australian Taxation Office (ATO) to implement stricter measures. The ATO has issued a warning that there will be a crackdown on … Read the full post »
With a new government in NSW comes more changes to property taxation that stand to benefit first home buyers. The planned changes to stamp duty thresholds and access to more first home buyers’ concessions will see five out of six first home buyers paying a reduced or zero stamp duty.
Property analysts are reversing their dire outlook on the future state of the industry and seeing an increase or stabilisation in property values rather than the decline previously forecast. According to The Australian Financial Review, Westpac had previously predicted an 8 percent decline in Sydney property values but is now confident of … Read the full post »