Recent News
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Apartment balconies could become ''Hills Hoists on high'' if the state government proceeds with environment-friendly strata regulations to allow residents to hang their washing outside.
The Department of Fair Trading has proposed a change to strata by-laws which prohibit washing from being hung on anything except designated clotheslines without the permission of the owners' corporation - a measure many believe has contributed to high use of greenhouse gas-producing clothes dryers.
RESIDENTS of a Brighton-Le-Sands apartment block claim they are being refused access to information concerning fire safety and insurance for their building.
Residents of the Oceanview Apartments, above Coles, Brighton-Le-Sands, are struggling to find out whether their building is fireproof.
Clogged roads have convinced Canada Bay Council to force developers of new high-rise apartment blocks to limit car ownership and provide access to car-share schemes for all residents in the planned high-rise towers.
Households in the new developments will be restricted from owning multiple cars, with rules forbidding developers from providing more than one car space for each unit, even those with three or more bedrooms.
When good neighbours become good friends, it can not only make apartment buildings much more enjoyable places to live but also boost the price of the property.
One of the key things professional strata record searchers look at in apartment blocks or complexes when they're examining buildings on behalf of potential purchasers is how friendly, harmonious and happy the residents are.
New laws for residential tenancies unanimously agreed by the NSW Parliament today will deliver important protections for tenants and property investors, Fair Trading Minister Virginia Judge said.
The supply of eco-friendly developments is blooming, writes Jane Burton Taylor.
The demand for green apartments is growing and looks set to rocket. Government initiatives are fuelling the trend but so too are people who have already experienced living in sustainable houses.
People who buy properties off the plan will have greater protection from developers who wish to make last-minute changes to homes such as switching the light fittings or reducing precious floor space.
Property lawyers say new legislation about unfair contract terms could leave some developers exposed to contract terminations if they neglect to review their purchase agreements.
Many people invest in apartments because they often have a cheaper buy-in price than houses and are also thought to be a lot easier to maintain without gardens to worry about, and with the costs of building maintenance shared across other owners.
But what makes a good investment unit?
Interest in off-the-plan apartments is expected to heat up thanks to a state government sweetener that could sway more investors into new developments.
The government has handed buyers of apartments and houses a potential saving of $22,490 by cutting stamp duty for off-the-plan properties costing less than $600,000.