The Real Estate Conversation

Contact

Featured Property

Ocean Grove Victorian retreat

Every day is like a holiday at this Ocean Grove home with generous accommodation, pool and 6 car garage workshop. For sale by David Villarosa of Villarosa Real Estate.

The Economy

Sydney and Melbourne lead early stages of housing recovery as dwelling values rise nationally over September

CoreLogic's September Home Value Index results saw the national index post the largest monthly gain since March 2017, largely driven by a strong rebound in Sydney and Melbourne where values were up 1.7 per cent over the month.

Queensland (Qld)Brisbane

Design

DA lodged for South Bank ferry terminal transformation

Brisbane City Council has lodged plans to transform one of Brisbane’s busiest ferry terminals, as part of a $70 million investment to upgrade terminals along the Brisbane River.

Victoria (Vic.)

The Economy

City Deal to turn Geelong into world class tourism destination

A clear path toward economic diversification, tourism growth and a thriving city centre has been laid out for Geelong

New South Wales (NSW)

People

'There has been a gap in our market' - Belle Property announces Jervis Bay office

Belle Property has begun operating at Jervis Bay on the NSW South Coast.

Victoria (Vic.)Melbourne

Featured Property

Developer’s own South Yarra penthouse apartment

This designer residence features celebrated interiors and boasts a rooftop pool and space for 9 cars. For sale by Sean Cussell and Natalie Frid of Prestige Homes of Victoria (Christies international).

New South Wales (NSW)Sydney

Featured Property

'Hinemoa': Two adjoining luxury beachfront homes

Offered separately or in one line, these oceanfront homes showcase panoramic ocean views and relaxed luxury interiors. For sale by Brendan Pomponio and Joshua Perry of Belle Property Dee Why.

National

The Economy

Grand final hype brings auction volumes back down to earth

All eyes were on the MCG instead of auction gavels last week, resulting in a significant drop in volume for the combined capital cities.

The Economy

'Cubby house' syndrome intensifying among millennials: survey

CoreLogic's Perceptions on Housing Affordability Survey has revealed a surge in millennials struggling to leave home amid an ongoing affordability crisis.

National

The Economy

Backyard tops list of non-negotiable features for first home buyers: survey

New research from St George Bank has revealed the features that are top of buyers' ‘wish-lists’ this spring.

Pages

News Roundup

http://www.afr.com/real-estate/housing-starts-will-be-higher-for-longer-says-deutsche-bank-20160928-grq2el

Housing starts will be higher for longer

The boom in housing construction will continue for at least the next two years, according to Deutsche Bank.

The Australian Financial Review

http://www.sbs.com.au/news/article/2016/09/27/majority-chinese-property-investors-buying-homes-cash

Majority of Chinese property investors buying homes with cash

The CEO of Juwai, Charles Pittar, says the portal has seen an increase of around 15% of inquiries into Australia, and that 70% of their buyers are paying in cash.

SBS

http://thenewdaily.com.au/money/property/2016/09/27/tasmania-affordable-property/?utm_source=Responsys&utm_medium=email&utm_campaign=20160928_TND

The Apple Isle appeals to first home buyers

As Sydney and Melbourne continue to exclude first home buyers, the Apple Isle is making dreams of home ownership a reality.

The New Daily

https://betterdwelling.com/canadas-not-alone-theres-a-commonwealth-real-estate-bubble/

There’s A Commonwealth Real Estate Bubble

Real estate prices are soaring across the whole realm, relative to local currencies.

Better Dwelling

http://www.theaustralian.com.au/national-affairs/foreign-affairs/flood-of-dodgy-chinese-money-worries-crime-fighters/news-story/fea8139a45279570991e7c6bce9e7621

Flood of dodgy Chinese money worries crime fighters

Australian authorities are worried about the tide of money coming from southern China, including illegal funds linked to organised crime and wealthy people with secret offshore accounts.

The Australian

http://www.afr.com/real-estate/housing-market-really-is-cooling-hsbc-says-20160926-gropf7

Housing market really is cooling, HSBC says

HSBC has weighed in on the house price debate, saying the measures the Reserve Bank of Australia used to determine that the property market is cooling are correct.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/apartment-sales-to-fall-further-bis-shrapnel-20160926-grohwh

Apartment sales to fall further: BIS Shrapnel

Off-the-plan apartment sales in Melbourne have been falling for at least a year and will continue to trend lower, says Angie Zigomanis, senior housing market analyst at BIS Shrapnel.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/melbourne-apartments-have-come-off-a-peak-brw-richlister-ashley-williams-20160921-grky9k

Melbourne apartments have 'come off a peak': Ashley Williams

BRW richlister Ashley Williams says Melbourne's off-the plan apartment market has peaked, with fewer investors participating amid concerns about oversupply and higher taxes on foreign buyers.

The Australian Financial Review