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Featured Property

Historic Pilbara town for sale - LJH

Western Australia’s Government seeking proposals for a deserted Pilbara township for sale by Vincent Siciliano and Anna Guillesser of LJ Hooker.

New South Wales (NSW)

Featured Property

Fine rural living in Berrima for sale: The Agency

Tucked away in the lush green landscape of Berrima, this home is for sale through Ben Olofsen and Cameron McKillop at The Agency.

National

The Economy

Melbourne records highest rental vacancy rate in September

During September the national rental vacancy rate across Australia was 2 per cent, according to SQM Research.

National

The Economy

Sales of new homes increase since same time last year

“The full impact of HomeBuilder is now evident in the HIA’s New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year,” commented HIA Chief Economist, Tim Reardon.

New South Wales (NSW)Sydney

Featured Property

4-acre Terrigal with ocean views for sale - Sotheby’s

Yattarna 354 Scenic Highway Terrigal for sale by Annette Pinkerton, David Medina and James McCowan of NSW Sotheby’s International Realty offers resort-style living with Pacific panoramas.

National

The Economy

Properties selling above reserve expectations: Market Wrap

Auction volumes increase in Melbourne and properties sell above reserve prices across Australia, breaking records.

National New South Wales (NSW)Queensland (Qld)Victoria (Vic.)

The Economy

John McGrath – Spring market confidence defies pandemic

We are seeing renewed confidence in the market this Spring, with consistently healthy national weekend clearance rates of 60-65%, more new listings coming online, higher sales volumes compared to Spring last year and price growth in six out of eight capital cities in September, says McGrath Estate Agents founder and executive director John McGrath.

National New South Wales (NSW)Sydney

People

New boutique property agency, Cullen Royle, launches marking the start of a new trend in property services

Two of Australia’s highly experienced and trusted property agents in the luxury residential and rural sectors Deborah Cullen and Richard Royle have formed a partnership, launching a new business at a perfect time for the market, with the growing demand for personalised – rather than just transactional – service in 2020.

The Economy

All Victorian Real Estate open for business including private inspections for Commercial property welcomed by REIV

The Real Estate Institute of Victoria welcomes the announcement today by the Premier of Victoria, Hon. Daniel Andrews, MP that private inspections for purchase or leasing of commercial properties, can also recommence from 11:59 pm Sunday 18 October 2020.

New South Wales (NSW)Sydney

Featured Property

The Penthouse on Sydney Wharf: World-class waterfront

This ultra prime Sydney Harbour property is on the market for the first time, with a price guide $20 million. For sale by Robert Alfeldi of McGrath Pyrmont.

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11244-offset-accounts-in-the-hands-of-the-wealthy?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin05_07_17&utm_medium=email&utm_content=1

‘Wealthy minority’: offset mortgages balance debt boom

Rich Australians with mortgage offset accounts are balancing out the nation’s record household debt levels, but poorer borrowers on interest-only mortgages are facing increasing risks, according to Morningstar.

Mortgage Business

https://www.domain.com.au/news/interest-rate-hikes-how-an-rba-increase-would-affect-your-mortgage-repayment-20170704-gx408i/

How an RBA increase would affect your mortgage repayment

For Australia’s indebted property owners, a rise in the case rate could mean paying hundreds of dollars more in repayments every month.

Domain

http://www.theaustralian.com.au/business/property/morrison-national-property-market-in-for-soft-landing-not-a-crash/news-story/3201d9085fee2ce1f77761a75749de54

Morrison: national property market in for soft landing, not a crash

Scott Morrison says the national housing market has “swung back in favour” of owner-occupiers, as new figures reveal the market is not headed for a crash.

The Australian

http://www.afr.com/real-estate/parramatta-penthouse-sells-for-record-3325-million-20170704-gx47ju?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29085022&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/parramatta-penthouse-sells-for-record-3325-million-20170704-gx47ju%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-07-05&Day_Sent=05072017

Parramatta penthouse sells for record $3.3 million

A western Sydney businessman and his wife have snapped up a penthouse in Sydney's Parramatta for $3.325m, setting a record land rate of $17,500 a square metre, a level usually reserved for inner city properties.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2017/07/04/rising-rates/?utm_source=Responsys&utm_medium=email&utm_campaign=20170705_TND

Banks do what RBA won’t: hike interest rates

The RBA held the cash rate at 1.5% for the tenth time on Tuesday; it hasn’t moved since a 25bp cut in August 2016. The gap between the RBA rate and the standard rate banks quote mortgage borrowers is the widest in 20 years.

The New Daily

http://www.theaustralian.com.au/business/property/chinese-developers-active-in-sydney-deals/news-story/818affb8f6cb7b863e5451ef5860cc65

Chinese developers active in Sydney deals

Chinese developers have been active in the Sydney property market with ASX-listed group Boyuan Holdings buying a pub in Penrith and Maville Group selling in Waterloo.

The Australian

http://www.afr.com/real-estate/residential/incentives-on-the-rise-in-fractured-apartment-market-20170703-gx3d09

Incentives on the rise in 'fractured' apartment market

Malaysian real estate giant Mulpha is offering a $80,000 furniture package to penthouse purchasers.

The Australian Financial Review

http://www.afr.com/personal-finance/westpac-rejigs-property-loans-to-attract-cashedup-buyers-20170703-gx4092

Westpac rejigs property loans to attract cashed-up buyers

Westpac has launched an aggressive push into the residential investment property market with a fixed rate offer below 4% as other lenders lift rates.

The Australian Financial Review