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Sydney Real Estate and Infrastructure: Michael Marquette's “View ...
When you look at the infrastructure throughout New South Wales you quickly start to wonder what our politicians are doing. The New South Wales Government has been in power since 1995 (a staggering 14 and a half years) which is far too long for any Government. Electorates are abundant throughout Sydney because they are distributed along population lines.
This means that Regional NSW with fewer voters and fewer electorates misses on Government projects that could revolutionize our state and the Sydney Metropolitan area continues to expand, become more crowded and the freeways more like car parking lots. The rail transport is aging, is unreliable and is slower than it was 20 years ago. Surely there is a major problem that needs urgent resolution. Governments make decisions based on votes – they rarely make decisions on merit. I travel to Queensland for work on a weekly basis and my experience has been that Queensland Is on the move. They have airports in Brisbane, Gold Coast and on the Sunshine Coast. There is constant road works to improve the highways and a rail system that is effective – it’s getting quicker and quicker. In contrast New South Wales has Sydney Airport, there is nothing of note in Wollongong and the Newcastle Airport isn’t even in Newcastle and is shared with the Royal Australian Air Force . There is no rail link to Newcastle Airport and limited public transport to get there. In other words the State Government has encouraged Sydney to become bigger and sprawl further and increase in price. So why aren’t they solving the housing affordability crisis? They say they are with the First Home Owners Grant . All it has done is push prices up for real estate around $500,000 AUD – a bubble which is artificial and dangerous. Instead of building fast trains and creating world class airports outside of Sydney our Government continues to forget regional New South Wales – it’s a mistake and people need to let the politicians...
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNE9LNsJGS5GzXJ_sT4obDRxRAp3vgamp;url=http://www.smh.com.au/domain/real-estate-news/its-going-to-be-the-year-of-the-unit-20120203-1qw1t.htmlbIt#39;s going to be the year of the unit/b/abr /font size=-1bfont color=#6f6f6fSydney Morning Herald/font/b/fontbr /font size=-1It#39;s just possible that apartments, especially those at the cheaper end, are one bright spot in bSydney#39;s real estate/b market. Prices generally for units have performed better than those of houses during the past five years, according to RP Data - with b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dtGNnHODzxDv3NMamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNEpppue5T9Fh4UerKQwfVjFEinBTQamp;url=http://www.dailytelegraph.com.au/news/how-wollongong-real-estate-agent-roger-ocvirk-and-105m-went-missing/story-e6freuy9-1226262792182bHow Wollongong breal estate/b agent Roger Ocvirk and $1.05m went missing/b/abr /font size=-1bfont color=#6f6f6fThe Daily Telegraph/font/b/fontbr /font size=-1But his disappearance -- described by his wife as quot;out of characterquot; -- took a twist when a statewide police search ended when the 38-year-old was found asleep in his car on a back street in Grafton, 600km north of bSydney/b, at 3am on January 17./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dNH87GcP5xYEJnMamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNFqp9B0YP9Q5QtP3ngSwElTKBjQrgamp;url=http://www.dailytelegraph.com.au/news/huge-prices-for-the-worst-houses-in-sydneys-best-streets/story-e6freuy9-1226262526591bHuge prices for the worst houses in bSydney#39;s/b best streets/b/abr /font size=-1bfont color=#6f6f6fThe Daily Telegraph/font/b/fontbr /font size=-1In Carlton in southern bSydney/b agents are asking $1.2 million for a small unkempt house, its selling point is district and Kogarah Bay views. quot;No one#39;s making any more land,quot; said bReal Estate/b Institute of NSW president Christian Payne./fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=d6V0dOTqTlp5Y6Mamp;ned=usnobrb/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG2YjWbiBZQhdMUvhYGB0sfcuXjTQamp;url=http://www.smh.com.au/business/property-crash-just-a-myth-20120201-1qtcz.htmlimg src=//nt1.ggpht.com/news/tbn/UZ9YOmPf11S9rM/6.jpg alt= border=1 width=80 height=80 /br /font size=-2Sydney Morning Herald/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG2YjWbiBZQhdMUvhYGB0sfcuXjTQamp;url=http://www.smh.com.au/business/property-crash-just-a-myth-20120201-1qtcz.htmlbProperty crash just a myth/b/abr /font size=-1bfont color=#6f6f6fSydney Morning Herald/font/b/fontbr /font size=-1But the biggest surprise was the pullback in Perth residential breal estate/b, shedding a whisker under 5 per cent. Unlikely as it may seem, bSydney/b was the best performer of all with a decline of just 2.7 per cent over the year./fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNGa9cFF92f53tEH9lO7im7KZ55dBwamp;url=http://realtybiznews.com/australian-real-estate-prices-rising-for-first-time-since-2010/9879130/Australian bReal Estate/b Prices Rising for First Time since 2010/afont size=-1 color=#6f6f6fnobrRealtyBizNews/nobr/font/fontbr /font size=-1a href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNH2gkJ0JMpliTfX1mHfuITSf0p5Zgamp;url=http://www.propertyshowrooms.com/australia/property/news/australian-house-prices-fall_311909.htmlAustralian house prices fall/afont size=-1 color=#6f6f6fnobrOverseas Property and Investment News/nobr/font/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=d66AJ-hjTrwhVAMPAdr-Nj0b4jgAMamp;ned=usnobrball 23 news articlesnbsp;raquo;/b/nobr/a/font/div/font/td/tr/table
table border=0 cellpadding=2 cellspacing=7 style=vertical-align:top;trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serif/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbr /div style=padding-top:0.8em;img alt= height=1 width=1 //divdiv class=lha href=http://news.google.com/news/url?sa=tamp;fd=Ramp;usg=AFQjCNG1AffPcOaIUDlkVTi8MIRkhAb6Hwamp;url=http://www.smh.com.au/domain/real-estate-news/seeking-a-real-big-spender-20120203-1qw2z.htmlbSeeking a real big Spender/b/abr /font size=-1bfont color=#6f6f6fSydney Morning Herald/font/b/fontbr /font size=-1His son, John, was the federal Liberal member for North bSydney/b from 1980-90 and held the positions of shadow attorney-general and opposition foreign affairs spokesman. He also was Australian ambassador to France and Morocco (1996-2000), b/b/fontbr /font size=-1 class=p/fontbr /font class=p size=-1a class=p href=http://news.google.com/news/more?ncl=dc68jT2xsquuW5Mamp;ned=usnobrband morenbsp;raquo;/b/nobr/a/font/div/font/td/tr/table