The Real Estate Conversation

Contact

Victorian underquoting laws take effect today

For every property they are marketing, Victorian agents must now provide a fact sheet with comparable sales, median prices, and estimated sale price, under new underquoting laws that come in today.

New South Wales (NSW)Sydney

Featured Property

Gunbarrel harbour views from Sydney's prestigious Point Piper peninsula

An elegant family home in Point Piper with uninterrupted harbour views is for sale through Bill Malouf and Alain Waitsman of LJ Hooker Double Bay.

National New South Wales (NSW)Sydney

The Economy

Sydney property prices down: CoreLogic

Sydney property prices experienced a "subtle" decline in the first 27 days of April, while the national market was flat, according to CoreLogic.

New South Wales (NSW)Sydney

Design

Glenn Murcutt designed home for sale

Donaldson House, a home designed by renowned architect Glenn Murcutt that blends seamlessly into its bushland setting on the Palm Beach peninsula, is for sale.

International

People

Sotheby's 'Significant Sales': the best of the best

Sotheby's has released its 'Significant Sales' list, which reveals its top sales globally.

New South Wales (NSW)

Featured Property

Minimalist Balmoral slope sanctuary

A keyless home with sweeping harbour views is for sale by Geoff Smith and Richard Harding of LJ Hooker Mosman.

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

The Economy

State of play in construction finance: HoldenCAPITAL

Dan Holden of HoldenCAPITAL takes a look at new funding options, market trends, and how to be on the front foot when funding your next project.

Looking for affordability? The median house price in beautiful regional South Australia is only $265,000

The hunt for affordable housing, pristine landscapes, and the lure of regional community, saw a 5 per cent increase in sales in regional South Australia during the March 2017 quarter.

National

People

Knight Frank launches prestige homes division

Knight Frank has added an Australian arm to its global network of prestige residential agents, with Deborah Cullen moving from Colliers to head up the team.

Victoria (Vic.)

Featured Property

Historic homestead restored for a grand lifestyle

The 24-room homestead built for pastoralist Robert Chirnside in 1873 is for sale by Dale Whitford and Tony Young of Whitford.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/harcourts-wants-to-beat-ray-white-as-top-operator-in-victoria/story-fniz9vg9-1227197523214

Harcourts plan to dominate Victoria

National real estate agency Harcourts plans to overtake Ray White as the largest operator in the residential market in Victoria with dramatic growth plans for the next 2 years.

The Australian

http://smh.domain.com.au/real-estate-news/pool-register-sale-and-lease-ban-on-units-with-pools-if-safety-standards-not-met-20150126-12tj66.html

New pool rules in NSW affect owners

New regulations on swimming pools, set to be introduced in NSW in April, mean owners of apartments in blocks with swimming pools and spas will not be able to sell or lease their properties if the pools don't meet safety standards.

The Sydney Morning Herald

http://www.mortgagebusiness.com.au/breaking-news/8097-february-set-to-be-a-bumper-month-for-real-estate

Market will pick up in February

The recent lack of activity in Australia’s property market will only be “temporary” and is more related to seasonal rather than financial influences, according to RE/MAX.

Mortgage Business

http://www.theaustralian.com.au/business/homeowners-are-the-best-off/story-e6frg8zx-1227193790369

Homeowners better off

The latest Household Financial Conditions Report from St George Bank and the Melbourne Institute, covering the December 2014 quarter, shows that homeowners are in the best financial position thanks to solid rises in residential real estate values.

The Australian

http://www.afr.com/p/business/property/new_apartment_sales_rocket_ahead_w1LBVY1Re8M8TPxAicPcYO

Apartment sales rocket against houses

Towards the end of 2014, apartment sales were at their highest in more than a decade. The new home sales report for November 2014, issued by the Housing Industry Association, shows an increase of 2.2% overall.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/record-sales-fire-metro-propertys-920-apartment-release/story-fn9656lz-1227193737577

Metro's latest Brisbane development selling fast

Metro Property will release the first stage of its new 920-apartment inner-city complex, Newstead Central, following record off-the-plan sales in Brisbane. About half the one and two-bedroom apartments have already been sold.

The Australian

http://www.smh.com.au/nsw/malabar-headland-abbott-government-rules-out-landsale-20150122-12vq9m.html

Malabar Headland not for sale

Federal Environment Minister Greg Hunt has ruled out selling off the Malabar Headland in Sydney, saying it will forever remain public.

The Sydney Morning Herald

http://www.worldpropertyjournal.com/real-estate-news/united-states/negative-equity-homes-2015-equity-rich-homes-2015-realtytrac-daren-blomquist-underwater-homes-in-2015-upside-down-equity-homes-us-home-equity-underwater-report-8805.php

13% of all mortgaged homes in US underwater

At the end of 2014, there were 7,052,570 U.S. residential properties where the combined loan amount secured by the property is at least 25 percent higher than the property's estimated market value, representing 13 percent of all properties with a mortgage, according to RealtyTrac's newly released U.S. Home Equity & Underwater Report for the fourth quarter of 2014.

World Property Journal