Agent Profile: 27
er i rem E P ’s GUID a t at TY m rra OPER a P PR
ISSUE 4 | November 2020
25
NEXT PLACE Sell it, List it FASTER
Denita Wawn.
Apoartments VS houses: research shows strong growth in both areas.
New spike in home sales Surprise research shows apartment interest soaring DALLAS SHERRINGHAM HILE the dream of building a home on a ‘quarter acre block’ remains a strong driver in home buying, new research shows that many people are happy to move into an apartment or unit. A report by the Master Builders Association revealed the number of building approvals for new homes jumped by 15.4% in seasonally-adjusted terms thanks to the continued success of the Federal Government’s HomeBuilder scheme. CEO of Master Builders Australia Denita Wawn announced details of the report and said during September, there was a 9.7% increase in private sector detached house approvals. “Approvals for apartments and units did even better, jumping by 23.4% up from August,” she said. “These positive figures are mirrored by lending data showing a 25.3% surge in the number of loans to owner occupiers for new home construction,” Ms Wawn said. “Even prior to the start of the Covid-19 crisis, new home building activity in Australia had been in the advanced stages of downturn. The Federal government turned that around dramatically. “The introduction of HomeBuilder has
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certainly turned things around. Approvals for new detached houses are now 20.7% up on this time last year,” she said. “The recovery in residential building will benefit the whole economy. Every $M in residential building activity supports nine jobs right around our economy,” Ms Wawn said. “The upturn generated by HomeBuilder is helping claw back some of the jobs lost as a result of the pandemic,” she said. “Extending HomeBuilder until the end
of 2021 will maximise the benefits of the scheme will be fully maximized. “It will mean the renewed momentum in the housing market to reach its full potential over the course of next year and provide even more benefits to our whole economy in terms of restoring employment,” Ms Wawn said. As the first woman appointed CEO of Master Builders Australia in 120 years, she is encouraging more women into the building and construction industry.
Master Builders Australia marked the last International Women’s Day by announcing Ms Wawn as its new chief executive and voice for the 32,000 - mostly male - workers in the $200M building and construction industry. Ms Wawn, who spent 14 months as the industry group’s operations manager, previously headed Brewers Association of Australia and New Zealand and has held senior roles at the Australian Hotels Association and National Farmers’ Federation.
767A-769 MERRYLANDS ROAD, GREYSTANES $6,500,000 - 2 LARGE BLOCKS SIDE BY SIDE Its rare to find this sized lot in this part of Western Sydney. Vendors are committed to sell if the right offer is tabled. Sale is by way of Expression of Interest meaning that once you have done your preliminary inspections you will put your best offer forward in writing. The
site is made up of two neighboring properties with a house on each, the sale is for both and will not be split. Zoned R2 low density. Site inspections, contact Tony Zorzo on 0414 694 338
