A run-down two-bedroom cottage at Werris Creek, about 30 minutes from Tamworth, has sold for $135,000 after drawing 12 offers.
Housing
Westdale subdivision breaks ground as Tamworth housing demand grows
The first sod was turned this week at Talee Estate, on Mayne Drive, where 47 residential lots are planned, including blocks of about 4000 square metres.
100,000 first home buyers in a year
More than 100,000 first home buyers have used the expanded 5% Deposit Scheme in its first year, including more than 28,000 in NSW, according to new figures from Housing Australia.
Smart Rental Bonds rolls out statewide
No more double bonds. Smart Rental Bonds has gone statewide across NSW, months ahead of schedule, letting renters transfer their bond instead of finding thousands more upfront.
Regional NSW residents hold onto home ownership goals
New England residents remain focused on home ownership and financial security, despite cost pressures forcing many Australians to make sacrifices.
Barraba pushes for health worker housing amid regional drive
Barraba says it’s missing out on health worker housing while Armidale gets a $200 million upgrade. The local MP wants that to change.
Building inspectors give New England sites tick of approval
Just four fines from 32 building sites: New England’s builders have impressed state regulators during a compliance blitz that also swept through the Mid North Coast.
Huge reform in building laws, but more action required
New building laws passed in NSW Parliament promise faster, cheaper approvals. Uniplan Managing Director Ben Scott says it is welcome progress, but there’s more to do.
New England cut out of $54m housing infrastructure fund
MidCoast Council was the only council north of the Hunter Valley included among the 30 successful councils in the first round of the Faster Assessments Incentive Program.
No negative impact of improving protection for renters
One year after banning no-grounds evictions, NSW’s rental market is holding steady: more bonds lodged than refunded, investor lending up 23.4 per cent, and renters staying put longer than before.
