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Construction heavy weight, Brett Walker to sell Broadbeach holiday home - Sotheby's

Two storey Broadbeach, Gold Coast penthouse for sale for $3,150,000 by Queensland Sotheby’s International Real Estate prestige agents, Veronika Princeton-Hall and Mashelle Jones.

National

People

C21 Appoints James Bell as CEO

Century 21 Australasia has appointed experienced real estate professional James Bell to the role of Chief Executive Officer.

Western Australia (WA)Perth

The Economy

Perth is currently Australia's fastest growing major market - REIWA

CoreLogic data and reiwa.com data has revealed that Perth is currently the fastest growing major market in Australia, with median house prices increasing to $490,000 in January.

National

The Economy

Australian housing values reach a new record high as values continue to rise across every broad region of the country: CoreLogic

Housing values continued to rise through the first month of 2021 with CoreLogic’s national home value index up 0.9% over the month.

National

The Economy

John McGrath – COVID-19 Turbocharges Australia’s International Appeal

A surge in expat enquiry throughout 2020, and likely well into 2021, appears to be offsetting the loss of demand from new migrants according to John McGrath, founder and executive director, McGrath Estate Agents.

New South Wales (NSW)Sydney

The Economy

REINSW: NSW Government 2020 Report Card

The REINSW has marked the NSW Government’s role in the property market in 2020 as a ‘fail’ but has identified five key ways it could perform to an A+ standard this year.

New South Wales (NSW)

The Economy

Coastal lots sell for record prices using Openn Negotiation

First National Yamba agents, Richard Hunt and Dave Grams brokered the deals using the online sales platform, Openn Negotiation.

National

The Economy

Rents recovering from COVID-19 impact - REIA

The December 2020 quarter CPI figures show that the rental market is recovering from the impact of the COVID pandemic, according to the Real Estate Institute of Australia.

Queensland (Qld)Brisbane

The Economy

Featured Property

Iconic Gatsby-Inspired Brisbane Home Leased in Record Time - Place

Place Estate Agents Ascots Business Development Manager Lucinda Owen has leased a well-known Hamilton home above asking price.

Queensland (Qld)Gold Coast

The Economy

Ray White Surfers Paradise Andrew Bell hails “the best ever” auction event in their 29 year history

Buoyed by the booming demand for Gold Coast property, Ray White Surfers Paradise Group has reported the most successful auction event in its 29-year history.

Pages

News Roundup

https://www.smartpropertyinvestment.com.au/advice/16522-solar-installation-a-serious-fire-risk-expert-warns?utm_source=SmartPropertyInvestment&utm_campaign=15_08_17&utm_medium=email&utm_content=2

Solar installation a serious fire risk, expert warns

The incidence of solar panel fires could become more frequent as solar power increases in popularity and owners corporations put price ahead of quality.

Smart Property Investment

http://www.afr.com/real-estate/residential/chinese-property-agents-report-sharp-drop-in-demand-for-australia-20170814-gxvr5j

Chinese property agents report sharp drop in demand for Australia

Chinese real estate agents are reporting a sharp drop-off in Australian sales over the past six weeks as new property taxes take effect, and Beijing's tighter capital controls crimp demand.

The Australian Financial Review

http://www.abc.net.au/news/2017-08-14/housing-wealth-uncertain-mortgage-debt-is-real/8803116

Housing wealth is uncertain, but mortgage debt is very real

Ian Narev, head of the CBA, is warned this week that a large part of your wealth can evaporate quickly if property prices fall, but your debts will remain the same.

ABC

http://www.afr.com/real-estate/bigger-is-better-as-retail-landlords-face-disruption-sp-20170814-gxvn5y

Bigger is better as retail landlords face disruption: S&P

Retail landlords with larger fortress-style malls will fare better as the retail sector faces the challenge of online shopping, says S&P Global Ratings.

The Australian Financial Review

http://www.afr.com/real-estate/residential/chinese-retreat-from-australian-property-market-20170813-gxv6t3

Chinese retreat from Australian property market

Chinese buyers, who make up about 80% of foreign property purchases in Australia, have grown wary after being hit by Beijing's tightened capital controls, local bank restrictions, and growing fears of an over-supply of capital city apartments.

The Australian Financial Review

http://www.weeklytimesnow.com.au/real-estate/street-art-is-driving-up-home-values-in-edgy-inner-city-suburbs/news-story/530e25927ecde46350f046df61af40f1

Street art is driving up home values in edgy inner city suburbs

Graffiti used to be considered the sign of a rundown suburb — now it’s pushing up home values.

The Weekly Times

http://www.afr.com/real-estate/first-home-buyers-lose-apartments-in-centenary-park-imbroglio-20170625-gwybpx

First home buyers lose apartments in Centenary Park imbroglio

The off-the-plan apartments bought by eighty buyers between four and seven years ago have not been built, and the developer has rescinded the contracts.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/lifes-a-beach-for-bars-says-justin-hemmes/news-story/43d5370e9087b5d14c8dbc9cc591b8ca

Life’s a beach for bars, says Justin Hemmes

Sydney bar king Justin Hemmes has snapped up northern beaches watering hole, The Collaroy, in a play worth $21m.

The Australian