The Real Estate Conversation

Contact

Featured Property

North Point Residence: luxurious beachfront oasis

This designer home features a parent's retreat, complete with marble ensuite, lounge, and gym, known as the 'Round House'. For sale by Nick Witheriff and Carol Witheriff of LJ Hooker Kingscliff.

New South Wales (NSW)Sydney

People

McGrath grows Sydney’s northside footprint into Castle Cove

Craig and Sharon Ireson join the company to expand its presence in Lower North Shore – considered one of the most desirable precincts in Australia.

National

The Economy

Increase in supply leads to sluggish rental markets with national rents down -0.1 per cent in September

Adelaide shines as the only capital city to record a month on month rise in rents, says CoreLogic report

Victoria (Vic.)

Construction

Civil construction recommences on new stages of $700 million housing development outside Melbourne

Waterways, forest and golf-course make estate one of the most exciting developments in Australia

Victoria (Vic.)

Featured Property

Historic Rutherglen 1889 Italianate estate 'Fairfield'

Once the largest winery in the southern hemisphere and forever associated with the emergence of wine making in Victoria, the historic Italianate mansion,Fairfield' is for sale by Warwick Anderson and Holly Gillam of RT Edgar Toorak.

Queensland (Qld)

New leader for Belle Property Samford

The South-East Queensland based agency has a new owner, Leigh Hutton

Tasmania (Tas.)

People

All the winners from the Tasmanian 2019 REIT Awards for Excellence announced

Saturday night was the pinnacle for real estate agents in Tasmania where outstanding achievements were rewarded

National

The Economy

Peak housing body supports First Home Loan Deposit Scheme

The Housing Industry Association (HIA) welcomes the move by the Senate to pass legislation to support first home buyers

New South Wales (NSW)Sydney

Featured Property

'Heathcote:' Storybook waterside sanctuary

Offering a street-to-shore lifestyle, this spacious family residence in Hunters Hill boasts a private sandy beach and sandstone boathouse for escapes into Sydney Harbour. For sale by Tracey Dixon and Nicholas Cowdrill of McGrath Hunters Hill.

New South Wales (NSW)Sydney

The Economy

McGrath is on the move

After 21 years at its Edgecliff location, McGrath's head office is relocating to Pyrmont

Pages

News Roundup

http://www.afr.com/news/economy/monetary-policy/rba-leaves-cash-rate-steady-mixed-on-housing-risks-20161004-gruqke

RBA leaves cash rate steady, mixed on housing risks

New RBA governor Philip Lowe has smoothly transitioned from the Glenn Stevens-era by holding the cash rate steady, but his statement has raised concerns the central bank is quietly concerned about rising house prices.

The Australian Financial Review

http://www.afr.com/real-estate/if-you-own-a-home-in-randwick-youre-set-for-life-20161004-grub6p

If you own a home in Randwick, you're set for life

No one wants to sell their houses in Randwick, where new Reserve Bank of Australia boss Philip Lowe lives.

The Australian Financial Review

http://www.sbs.com.au/news/article/2016/10/04/overseas-property-interest-australia-stays-strong

Overseas property interest in Australia stays strong

Crown chief executive Iwan Sunito says "the number of foreign buyers is still constantly the same" at around 30%.

SBS

http://www.afr.com/news/world/panic-buying-fears-as-china-cracks-down-on-property-investors-20161004-grue99

Panic buying fears as China cracks down on property investors

China's second-richest man Wang Jianlin, who made his fortune in real estate, told CNN the Chinese property market was the "biggest bubble in history". In the last week, nine cities have unveiled restrictions aimed at cooling the housing market.

The Australian Financial Review

http://www.afr.com/real-estate/u-sydney-wins-australias-first-real-estate-case-competition-20161004-grubvi

Sydney Uni wins Australia's first real estate case competition

The inaugural University of Sydney Business School Real Estate Case Competition involved Goldfields House in Sydney.

The Australian Financial Review

http://www.smh.com.au/nsw/when-should-landlords-be-allowed-to-evict-tenants-20160928-grqxlh.html

When should landlords be allowed to evict tenants?

With predictions that half the population of NSW could soon be renting, tenancy advocates are arguing that new mechanisms should be established to give tenants confidence and security.

The Sydney Morning Herald

http://www.domain.com.au/news/biggest-surge-in-new-homes-in-16-years-data-shows-20161003-grtlrf/

Record number of new homes built in Sydney in 16 years, data shows

An additional 30,000 homes were built in Sydney in the last financial year, the most building activity since the city’s 2000 Olympic Games, but experts say it isn’t enough to improve affordability.

Domain

http://www.afr.com/real-estate/westpac-tightens-interestonly-investor-home-loans-20161003-grtx0e

Westpac tightens interest-only investor home loans

Regulatory pressure has prompted Westpac to toughen lending conditions on investment property loans, the third change to its mortgage products in three months.

The Australian Financial Review