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Featured Property

Innovative Quedjinup home for sale in stunning WA bush setting – The Agency

353 Yungarra Drive Quedjinup for sale by Tommy McNeil of The Agency delivers innovative Balinese style in a rural setting.

Queensland (Qld)Brisbane

Featured Property

Hamptons-inspired luxury Ascot home for sale - Place

142 Yabba Street Ascot for sale by Drew Davies and Carter Lagana of Place Ascot provides the pinnacle in living and entertaining with prestigious address.

Queensland (Qld)Brisbane

Featured Property

Six-bedrooms and city views Red Hill home for sale - Place

27 Elston Street Red Hill for sale by Heath Williams and Tonia Ivanni of Place New Farm presents a buying, renovation or investment opportunity close to Brisbane CBD.

New South Wales (NSW)Sydney

The Economy

McGrath smashes the billion-dollar barrier in Sydney’s Greater West

McGrath West offices are celebrating this week as they’ve reached their $1 billion target ahead of their June 30th target.

National

People

RESO’s technology is achieving what most agents thought impossible – keeping vendors and buyers happy and inspired in a changing market

According to Emily Morgan, the revolutionary benefits of RESO’s technology are coming into sharp focus for anyone buying or selling property in the current changing and increasingly challenging market.

National

The Economy

Building approvals fell 3.1 per cent in March - HIA

The Australian Bureau of Statistics today released its monthly building approvals data for March for detached houses and multi-units covering all states and territories.

International National

People

AREC 2022 reveals powerhouse line up of speakers

The Australasian Real Estate Conference (AREC) now in its 24th year, will draw upon 33 speakers from overseas and around Australia in an intensive program for residential sales and property management. The two-day conference returns to the Gold Coast Convention and Exhibition Centre on Sunday 29 May and Monday 30 May.

National

The Economy

How agents can protect themselves from a slowing market - UrbanX

With the announcement of yesterday’s Reserve Bank of Australia rate rise and the recent slowing down of the Australian property market, it is now more important than ever for agents to think differently about how they work and protect themselves from a changing market. By Dan Argent, UrbanX

National

The Economy

Lending remains at historic highs with market stabilising - REIA

The latest ABS figures remain within a historical high range but reflect a stabilising market Real Estate Institute of Australia (REIA) President, Hayden Groves said.

National

The Economy

REIQ downplays RBA interest rate hike

REIQ confident in resilience of Queensland market- following first interest rate hike in over a decade

Pages

News Roundup

https://www.afr.com/real-estate/commercial/development/going-green-frasers-wins-approval-for-worlds-most-sustainable-mall-20180608-h115n8

Going green: Frasers wins approval for world's most sustainable mall

Frasers Property Australia will on Tuesday kick off construction of what it claims is the world's most sustainable shopping centre, after receiving planning approval.

The Australian Financial Review

https://www.watoday.com.au/national/western-australia/epa-decision-paves-way-for-alfred-cove-wave-park-development-application-20180611-p4zktc.html

EPA gives green light for Alfred Cove wave park application

WA's environmental watchdog has bowed out of the fracas surrounding a contentious proposal to build a wave park on the Swan River foreshore after claiming the development poses no “significant” environmental impacts to the site.

WA Today

https://www.canberratimes.com.au/politics/act/act-s-new-affordable-housing-target-rises-by-just-20-sites-20180610-p4zklf.html

ACT's new affordable housing target rises by just 20 sites

The ACT government has increased its affordable housing targets by just 20 new sites for 2018-19.

Canberra Times

https://www.afr.com/real-estate/elanor-investors-group-sells-merrylands-development-site-for-36-million-20180607-h113l7

Elanor Investors Group sells Merrylands development site for $36 million

ASX-listed real estate investment manager, Elanor Investors Group has sold the site of the original John Cootes Furniture business and head office in western Sydney for $36 million.

The Australian Financial Review

https://www.brisbanetimes.com.au/national/queensland/new-32-storey-tower-approved-for-brisbane-cbd-20180606-p4zjsv.html

New 32-storey tower approved for Brisbane CBD

A proposed 32-storey tower which would occupy an entire block and significantly change Brisbane’s CBD skyline has been given the green light.

Brisbane Times

https://www.theage.com.au/national/victoria/planning-laws-see-speculators-target-last-pubs-standing-on-cbd-corners-20180607-p4zjz8.html

Planning laws see speculators target last pubs standing on CBD corners

Laws introduced to discourage over-development in the city centre are having the perverse impact of putting the CBD's few remaining heritage pubs in jeopardy.

The Age

https://www.watoday.com.au/national/western-australia/state-overturns-approvals-quashes-rumours-of-roe-8-by-stealth-20180606-p4zjtc.html

State overturns approvals, quashes rumours of 'Roe 8 by stealth'

The state government has acted to quash rumours of a ‘Roe 8 by stealth’ in cancelling Roe 8 project approvals, though it has signalled the ultimate protection of removing the road zoning will take “some time to progress”.

WA Today

https://www.afr.com/real-estate/lendlease-adds-to-the-wood-pile-in-barangaroo-20180607-h113ox

Lendlease adds to the wood pile in Barangaroo

Lendlease has won planning approval for its second timber tower in Sydney's Barangaroo South as the diversified property giant consolidates its role as a leading player using innovative wood product for commercial construction.

The Australian FInancial Review