Housing News Digest
Housing News Digest
The Tenants' Union Housing News Digest compiles our pick of items from all the latest tenancy and housing media, sent once per week, on Thursdays.
Below is the Digest archive from November 2020 onwards. From time to time you will find additional items in the archive that did not make it into the weekly Digest email. Earlier archives are here, where you can also find additional digests by other organisations.
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See notes about the Digest and a list of other contributors here. Many thanks to those contributors for sharing links with us.
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Archive
Rivalry? What rivalry? Sydney and Melbourne have more in common than you think
Matt Wade The Sydney Morning Herald (Paywall)Melburnians and Sydneysiders might think their cities are very different. But the latest census revealed striking similarities between Australia’s big urban twins.
https://www.smh.com.au/business/the-economy/rivalry-what-rivalry…
# NSW, Housing market, Planning and development, Sydney, Work, employment.Sydney property prices ‘highly overvalued’, UBS report warns
Elizabeth Redman The Sydney Morning Herald (Paywall)Sydney property prices are “highly overvalued” despite their recent falls, a report from global investment bank UBS has found. The harbour city escaped being classified as property bubble territory in the latest annual UBS Global Real Estate Bubble Index, but was still considered well above fair value.
https://www.smh.com.au/property/news/sydney-property-prices-high…
# NSW, Housing market, Sydney.‘So much debt’: Property values sink in four out of five suburbs
Elizbeth Redman Domain (No paywall)Property values are falling in four out of five suburbs across the capital cities, new figures show, as the housing downturn becomes deeper and more widespread. Values fell in 2405 house and unit markets over the three months to September, CoreLogic figures show, or 79.5 per cent of markets analysed. It’s a jump from 1293 in the three months to June.
https://www.smh.com.au/property/news/so-much-debt-property-value…
# Australia, Housing market.The hotel-inspired apartments that challenge ‘the great Australian dream’
Sophie Aubrey The Sydney Morning Herald (Paywall)Nathan Rhodes has had his share of shoddy apartments: shoebox units in cheaply made buildings with dated decor. But for the past few years, the 32-year-old finance professional has reaped the benefits of a growing shift in Australian high-rise living: hotel-inspired apartment developments. ... Experts believe these types of high-end developments, with services that mimic five-star hotels and borrow concepts from international cities where apartment living rules, will convince once-reluctant Australians to give vertical homes a go.
https://www.smh.com.au/national/victoria/the-hotel-inspired-apar…
# Australia, Housing market.Canberra's house values are falling across every suburb, but prices in the capital are still high
Isaac Nowroozi ABC (No paywall)Houses in the capital are no longer flying off the shelves as rising interest rates cause a downturn in prices.
https://www.abc.net.au/news/2022-10-19/act-house-values-fall-acr…
# Australia, Housing market.New Sydney public schools to share space with shops, apartments under radical proposal
Lucy Carroll The Sydney Morning Herald (Paywall)Combining two new public schools with shops and high-rise apartments in the same development is being considered under a radical plan to meet soaring demand for schools in fast-growth areas. A proposal for a new education campus at Macquarie Park, with a capacity of up to 3000 students at two schools, has been flagged by the state government as a way to partner with private developers and could include “mixed-use residential and commercial offerings” on the same site.
https://www.smh.com.au/national/nsw/new-sydney-public-schools-to…
# NSW, Housing market, Planning and development, State Government.Healthy Homes for Renters at NSW Parliament
Jemima Mowbray Tenants' Union of NSW (No paywall)Yesterday the Tenants' Union of NSW alongside Better Renting and Sweltering Cities provided a briefing on Healthy Homes for Renters to a diverse, cross section of Members of the NSW Parliament. The briefing focused on the need for energy efficiency standards in rental homes and renters’ current experience of unhealthy homes in NSW.
https://www.tenants.org.au/news/healthy-homes-renters-nsw-parlia…
# NSW, Rent, Utilities electricity water gas, Health, Housing market, Minimum habitability standards, No-grounds evictions, State Government.October 2022 News
Shelter NSW (No paywall)In this month's edition:
Everybody’s Home – let the Federal Government know that ending the housing crisis is urgent and important
People are getting sick because of their rental homes
Large public housing estate renewal proposals failing to stack up – from Coffs Harbour to Riverwood
When the safety net fails – the regional housing crisis in Bega and Tamworth
Aftershock – two and a half years of a pandemic, fire and floods
GCC Six Cities Discussion Paper
International Students Listening Event
Shelter NSW in the news
National Shelter Council meeting - hosted at Yirranma Place
Our submission on the draft South East & Tablelands Regional Plan 2041
Festival of Urbanism - Renovate or Detonate
Gosford – Women’s Community Shelters in the news!
Hornsby Town Centre Masterplan
https://mailchi.mp/shelternsw/shelter-nsw-october-2022-ebulletin…
# NSW, Rent, Affordable housing, Campaigns and law reform, Coronavirus COVID-19, Estate renewal, Federal Government, Health, Local Government, Planning and development, Regional NSW, State Government, Students, Women.