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South Australia (SA)

Featured Property

Kangaroo Island clifftop home expected to sell for the first time in more than 100 years - Cullen Royle

Rocky Point on Kangaroo Island South Australia is for sale by Deborah Cullen of Cullen Royle.

Queensland (Qld)Brisbane

The Economy

McGrath attracts high-performers to further grow its Brisbane footprint

McGrath’s Head of Sales, Michael Murray, said that the company was focused on further growing its footprint in the important Brisbane market.

International

Markets

Featured Property

Tiny glamping getaway sells for $400k in New Zealand

A rare bush block in Coromandel Peninsula of Waikato, New Zealand has been snapped up for $400,000 via online sales platform Openn Negotiation.

National

The Economy

REIA welcomes state of the Nation’s Housing Report

The Real Estate Institute of Australia President, Adrian Kelly said this is the first assessment of housing demand and supply across Australia since the National Housing Supply Council (NHSC) was abolished at the end of 2013.

National Australian Capital Territory (ACT)New South Wales (NSW)Northern Territory (NT)Queensland (Qld)South Australia (SA)Tasmania (Tas.)Victoria (Vic.)Western Australia (WA)

The Economy

CoreLogic Quarterly Economic Review: November quarter data reveals contributors to post-pandemic property recovery

Today CoreLogic releases its latest Quarterly Economic Review which unpacks the recent recovery trend in housing market values observed in the months to November 2020.

National

The Economy

John McGrath – End-of-Year Wrap: Prices Up in 2020 Despite Pandemic

John McGrath, founder and executive director, McGrath Estate Agents reviews the 2020 property market.

Queensland (Qld)Brisbane

Featured Property

Premium Burbank acreage sold - Queensland Sotheby's

Directly adjacent to prestige gated community Araluen The Estates 190 Ford Road Burbank sold by Malcolm Li of Queensland Sotheby's International Realty.

National

The Economy

Re-elected REIA President, Adrian Kelly says members are reporting strong recovery after challenging year

The Real Estate Institute of Australia President, Adrian Kelly and Deputy-President, Hayden Groves re-elected after providing strong leadership in a challenging year.

New South Wales (NSW)

The Economy

Jindabyne mortgagee sale hits $79k over reserve

A Jindabyne unit earmarked for a mortgagee sale has sold for $79,000 above reserve using online sales platform Openn Negotiation.

National

The Economy

REIA REMF Report - Australia's housing market proves resilient over 2020 with price rises in most States

The Real Estate Institute of Australia President, Mr Adrian Kelly said over the September quarter, the weighted average capital city median price increased by 0.4% for houses and by 0.7% for other dwellings.

Pages

News Roundup

https://sourceable.net/manslaughter-charges-possible-over-grenfell/

Corporate manslaughter charges could be laid over the Grenfell Tower debacle

A letter forwarded by Metropolitan Police has confirmed that the Kensington and Chelsea Council and the Chelsea Tenant Management Organisation could be prosecuted for manslaughter.

Sourceable

https://sourceable.net/australia-faces-housing-trade-skills-shortage/

Australia Faces Housing Trade Skills Shortage

A shortage of skilled tradespeople has emerged across significant parts of the residential construction industry in Australia.

Sourceable

http://www.propertyobserver.com.au/forward-planning/advice-and-hot-topics/73843-planners-know-depressingly-little-about-a-city-s-impacts-on-our-mental-health.html?utm_source=Property%20Observer%20List&utm_campaign=48b79514b7-EMAIL_CAMPAIGN_2017_08_01&utm_medium=email&utm_term=0_a523fbfccb-48b79514b7-245501829

Planners know depressingly little about a city’s impacts on our mental health

Did you know urban life might lead to poor mental health?

Property Observer

https://www.domain.com.au/news/the-downsizing-cost-traps-awaiting-australian-retirees-here-are-five-reasons-to-be-wary-20170730-gxlyva/

The downsizing cost traps awaiting Australian retirees

Five reasons to be wary.

Domain

http://www.afr.com/personal-finance/cba-tells-interestonly-borrowers-to-wait-six-months-for-new-funding-20170730-gxlkxw

CBA tells interest-only borrowers to wait six months for new funding

The Commonwealth Bank has told property buyers wanting to switch to an interest-only loan they will have to wait six months to a year for new funding.

The Australian Financial Review

http://www.smh.com.au/comment/falling-home-ownership-points-to-rising-inequality-20170728-gxkw0f.html

Falling home ownership points to rising inequality

The 2016 census showed the share of home owners has slipped to 65.5%, the lowest level in more than 60 years.

The Sydney Morning Herald

http://www.afr.com/business/mining/iron-ore/liberty-house-triggers-real-estate-flurry-in-whyalla-20170730-gxlxyj

Liberty House triggers real estate flurry in Whyalla

Buyers are piling into dirt-cheap Whyalla real estate following the buyout of the Arrium business, including the Whyalla steelworks, by British steel giant Liberty House.

The Australian Financial Review

https://www.domain.com.au/news/townhouses-rise-to-meet-sydneys-growing-affordable-housing-challenge-20170728-gxh9h6/

Townhouses rise to meet Sydney’s growing affordable housing challenge

Apartment living is not for everyone. There is an opening gap to provide an alternative affordable property; townhouses that could provide the missing middle.

Domain