Vol 13. No.7

Tuesday 17 January 2012

Economic Overview


 Current +/- Movement
$AUS/$US 102.77 -0.36
Cash Rate 4.25 Steady  
90 Day Bill 4.40 -0.07
10 Year Bond 3.803 -0.170
ASX 200 4147.2 -48.69

New South Wales

Marsden Park Residential Site Sold (AFR Pg.41)
  • Stockland have acquired a 163 hectare residential site at Marsden Park from Winten Property Group for $165 million ($1,012,270/Ha).
  • The site has the potential to yield approximately 2,300 lots ($71,739/lot).
  • The sale will reportedly aid Winten Property Group in financing development projects which are pending development approval including a 40,000m² office tower in North Sydney, a 30,000m² office block in St Leonards and a 75,000m² site at Macquarie Park.

Sources: As above
Disclaimer: All representations and information contained herein are made in good faith. The Information in this report contains material from other sources. Landsburys Property Pty Ltd has not checked those sources and accepts no responsibility for the accuracy for that information. The information contained in this communication is strictly confidential and intended solely for the use of the recipient/s. If you are not the intended recipient of this information, please delete and notify Landsburys Property Pty Ltd. Intended recipients should not copy or distribute this material without the authority of Landsburys Property Pty Ltd.

Previous Daily Wrap's

 

Research & Advisory

  • Market Demand Studies
  • Highest & Best Use Studies
  • Development Feasibilities
  • Tender Support
  • Product Analysis
  • Distressed Property Evaluations
  • Valuation Evidence Packs
  • Demographic Studies

Valuations

  • First Mortgage Valuations
  • GST Valuations
  • Unit Entitlements
  • Acquisitions
  • Land Tax & Rating
  • Evidence of Value
  • Internal Reporting
  • Stamp Duty