Property Development, Construction & Project Management
Early works are poised to begin on two new sporting venues in Geelong as the countdown to the 2026 Commonwealth Games continues. Geotech works on the Armstrong Creek Aquatics Centre on Barwarre Road are due to begin this month and continue into late next month. The venue will include a competition, warm-up and diving pools. …
Continue reading Geelong Commonwealth Games Venues Construction Poised to Begin
Build-to-rent developers are celebrating the removal of a significant hurdle to the fledgling sector as the federal government halves the controversial Managed Investment Trust withholding tax. On 28 April 2023, the Australian Government announced it would provide incentives to increase the supply of housing, by: reducing the withholding tax rate for eligible fund payments from …
Continue reading Restrictive Tax Slashed to Increase the Supply of Housing
It is known as selling off the plan if you want to sell a property before it's been built. Selling Off the Plan means that instead of doing a walk-through of an existing property, buyers will decide to buy based on the documentation you provide before construction. The documentation might include floorplans, architectural drawings, the …
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We share tips on ensuring you get all the information you need from a contractor when engaging their services on your next project. A worksite is made up of more than just you and your employees. Contractors carry out the majority of onsite work in the housing industry. So, it is essential you know what …
Alongside a house property boom, Australia is in the midst of the home building boom, with the Housing Industry Association (HIA) expecting a near-record number of homes to be built over the next 12 months. Data Source: Housing Industry Association (HIA) HIA also expects the industry will continue to run at capacity, constrained by the …
SIG Group secures Tarneit land and townhome site, plans 2,300 lots The Melbourne-based property development and investment group, SIG Group, has acquired a second site in Tarneit, in Wyndham's booming growth corridor. The 162-hectare site will see another 2,300 lots added to SIG Group's pipeline in the area. Located within the Oakbank PSP, the site …
In this article, we will look into the return on $100 investment performance comparison between Corio and Belmont well-known suburbs in the Greater Geelong. Corio VIC 3214 vs Belmont VIC 3216 (House sale performance over five (5) years). House sales data published by Corelogic suggests Corio properties performed slightly better than Belmont. Corio VIC 3214 …
Continue reading $100 Invested Performance Comparision between two Geelong Suburbs
The Victorian Government will provide new incentives for investors to build rental properties to help ensure more people have safe, secure housing. Eligible build‑to‑rent developments completed and operational between 1 January 2021 and 31 December 2031 will receive both the 50 per cent land tax discount and full exemption from the Absentee Owner Surcharge (AOS) …
Source: State Government of Victoria - Windfall Gains Tax To Benefit The Victorian Community For more information: State Government Media Release
What is a Building Designer? For many of you reading this, it might be the first time you've come across the term "building designer". Don't worry about it because most people don't know the difference between an architect and a building designer. To put it simply, they perform the same basic services — they both …
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