The Real Estate Conversation

Contact

Featured Property

Stanhope by Kincrest luxury South Yarra penthouse for sale - Kay & Burton

The Penthouse at 1 Stanhope Court for sale by Matt Davis and Peter Kudelka of Kay & Burton, delivers timeless luxury with a South Yarra address.

New South Wales (NSW)Sydney

Featured Property

Entire floor Queen Residences Woollahra apartment for sale - The Agency and Highland

2/135 Queen Street Woollahra for sale by Steven Chen of The Agency Projects and Bill Malouf of Highland Property, is the last available Queen Residence apartment following the sale of the penthouse for $13m.

Queensland (Qld)Brisbane

Featured Property

Brand-new Hendra home for sale - Place Ascot

The new five-bedroom property at 28 Goble Street Hendra for sale by Jill Wright and Patrick McKinnon of Place Ascot is ideal for indoor-outdoor entertaining.

National

The Economy

NHFIC report confirms need for housing affordability and supply plan

The Real Estate Institute of Australia (REIA) has said that the National Housing Finance & Investment Corporation’s (NHFIC) State of the Nation report confirms the need for a national plan for renters, first home buyers and owner occupiers as Australians build new households in the wake of the COVID-19 pandemic.

New South Wales (NSW)Sydney

Featured Property

Prized harbourside Barangaroo apartment sold for $2.05m - The Agency

The 1-bedroom apartment with Harbour views sold by Steven Chen and Tim Wenden of The Agency Projects for "almost double" the buyers expectation.

National Victoria (Vic.)Melbourne

The Economy

Australia’s highest stamp duty shatters Victorians’ home ownership dreams - HIA

Victorians pay an average of almost $30,000 more in stamp duty than Queenslanders when they buy a new house, according to HIA’s annual Stamp Duty Watch Report.

National

The Economy

REIA highlights importance of nine trillion dollar residential real estate sector to Australian voters

Real Estate Institute of Australia (REIA) has highlighted the importance of Australia’s 9 trillion-dollar residential real estate market to Government and Opposition in its Annual Advocacy Tour.

National

The Economy

The Agency announce strong results as agent growth underpins continued momentum

Our success in recruitment of new agents is attributed to our direct engagement model with agents, which I believe is attractive to agents which the recent recruitment success validates,” said The Agency CEO Geoff Lucas.

National

People

@Realty sets it’s sights on the Property Hub in 2022

Leading national real estate network @realty will launch its innovative vendor portal The Property Hub in February following a highly successful 2021 where it recorded $2.8 billion in property sales – 66 per cent higher than the previous year.

Queensland (Qld)Brisbane

People

Time for change: Brisbane Inner-city agent, Jonzun Lee launches his own business

Jonzun Lee, a stalwart of the Brisbane real estate industry has just launched a new business and brand with his wife Maria after two decades in the industry. The partnership with UrbanX enables them to focus on their clients and deliver creative marketing campaigns under their new brand, ‘Jonzun Lee’.

Pages

News Roundup

http://www.afr.com/markets/the-rba-cant-lift-rates-when-house-prices-are-falling-20180501-h0zhxm

The RBA can't lift rates when house prices are falling

House prices are dropping well ahead of a tightening monetary policy cycle, complicating the RBA's efforts to escape rates at "emergency" levels.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/hotels-and-leisure/yours-for-just-20m-great-keppel-island-on-the-market-as-terry-agnew-seeks-exit-20180501-h0zhht

Yours for just $20m: Great Keppel Island on the market as Terry Agnew seeks exit

Property tycoon Terry Agnew is cutting his losses and selling Great Keppel Island after battling to secure funding to develop a luxury casino resort on a 162-hectare portion of the island at the southern end of the Great Barrier Reef.

The Australian Financial Review

https://www.canberratimes.com.au/national/act/contentious-red-hill-land-could-become-massive-storage-facility-20180426-p4zbsj.html

http://www.afr.com/real-estate/foreign-money-needed-for-buildtorent-funds-20180430-h0zfz5

Foreign money needed for build-to-rent funds

Limits on managed investment trusts could put a brake on the foreign capital needed for a build-to-rent sector in Australia.

The Australian Financial Review

http://www.afr.com/real-estate/old-office-building-at-499-kent-street-sold-for-over-50-million-20180430-h0zfzv

Old office building at 499 Kent Street sold for over $50 million

A Sydney-based Chinese investor and developer has forked out just over $50 million for a commercial freehold building and site at 499 Kent Street in Sydney with plans for future redevelopment.

The Australian Financial Review

https://www.smh.com.au/national/nsw/bulldozers-in-every-street-nsw-govt-facing-suburban-revolt-over-new-housing-code-20180427-p4zc48.html

'Bulldozers in every street': NSW govt facing suburban revolt over new housing code

The NSW government is facing a suburban revolt over its new medium-density housing code, with one mayor predicting bulldozers in every street if the rules are implemented.

Sydney Morning Herald

https://www.canberratimes.com.au/politics/act/civic-library-could-be-moved-in-plan-to-renew-canberra-arts-precinct-20180423-p4zb6o.html

Civic library could be moved in plan to renew Canberra arts precinct

It has a rating of two-and-a-half stars on Trip Adviser despite hosting a comedy festival and speigeltent in recent weeks, but Canberra's Civic Square could be in for a makeover.

The Canberra Times

https://www.brisbanetimes.com.au/national/queensland/brisbane-cbd-parkland-proposed-ahead-of-development-20180427-p4zc2l.html

Brisbane CBD parkland proposed ahead of development

High-rise CBD buildings will be reduced to rubble and replaced with parkland as a developer prepares the land for the next development.

Brisbane Times