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Featured Property

Courtyard Pooraka unit for sale - Adelaide Homes - Powered By REAL

The unit is ideal for first home buyers or investors. For sale by Mark Wedding of Adelaide Homes powered by REAL for agents.

National

The Economy

John McGrath – Adding Value to your property during Covid-19

Isolation has been the time to work on your home and add value, while waiting to sell.

Victoria (Vic.)Melbourne

People

Get to know Michael Armstrong of Kay & Burton

"Like everyone the Covid crisis has given me time to stop and think about how we approach our work / life balance."

Victoria (Vic.)Melbourne

Featured Property

John Beswicke’s prized St James Park residence 'Glucksberg' sold for $5.25m

The home features the architect’s signature widow’s walk and was regarded by Beswicke as one of his finest. Sold by Michael Armstrong and Sam Wilkinson of Kay & Burton.

Victoria (Vic.)Melbourne

Featured Property

Contemporary Armadale home sold by Kay & Burton after 3-day campaign

Sold by Michael Armstrong of Kay & Burton, who told WILLIAMS MEDIA, “I’ve never seen a market where sales are made within days of being listed whilst the broader economy is under pressure.”

Victoria (Vic.)

Featured Property

Golden Mile grandeur with glimpses over the bay to Melbourne

Set in a highly sought after seaside village, the luxury manor was sold by James Paynter and Samantha Moffatt of RT Edgar, and Quentin McEwing of McEwing & Partners.

International

Design

Rolls Royce commences 'Inspiring Greatness' interview series with media artist Refik Anadol

Inspiring greatness lies at the very heart of Rolls-Royce Motor Cars’ brand ethos. From hand-building the epitome of true luxury, to engaging and servicing the needs of discerning clients all over the world, Rolls-Royce Motor Cars inspires greatness, every step of the way.

National

The Economy

FIRB data shows Chinese buyers are back for Australian real estate market - Juwai IQI

Juwai IQI Chief Executive Georg Chmiel has delivered his verdict on the Foreign Investment Review Board's latest report, revealing the country's handling of the coronavirus pandemic may increase foreign real estate investment from Asia.

New South Wales (NSW)Sydney

People

He has sold property for the PM and Miss Universe

Real Estate agent Adrian Bo has joined NG Farah as Head of Sales.

Queensland (Qld)Brisbane

People

New agency established amidst COVID-19 pandemic

Taylor Kleinberg and Frank Lombardi have joined forces to create Klein & Co – a slick new operation, powered by UrbanX.

Pages

News Roundup

http://www.theaustralian.com.au/news/inquirer/infrastructure-planners-driving-a-corridor-to-the-future/news-story/59e827a2921a1771ecd316fe1812e4c6

Infrastructure planners driving a corridor to the future

Soaring prices for residential property is making Infrastructure Australia chairman Mark Birrell worried that if governments don’t act now to stake out future freight, fuel and passenger transport corridors, it will be harder and more expensive to get nationally significant infrastructure projects up.

The Australian

http://www.afr.com/real-estate/residential/vic/vba-melbourne-bring-charges-corkman-irish-pub-demolishers-face-hefty-fines-20170224-gukyk6

Corkman Irish Pub demolishers face hefty fines

The Victorian Building Authority and the City of Melbourne have thrown the book at rogue developers Stefce Kutlesovski and Raman Shaqiri.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/tasmania-real-estate-has-historic-appeal-for-cashedup-buyers/news-story/315c388e61e04fc938f2f7eaeebcc957

Tasmania real estate has historic appeal for cashed-up buyers

Tasmania’s Victorian and Georgian mansions are highly sought after, attracting locals and mainlanders with the promise of escape from the humdrum of everyday life.

The Australian

https://mobile.nytimes.com/2017/02/24/realestate/lenny-kravitz-is-the-interior-designer-for-a-nolita-building.html?smid=tw-nytrealestate&smtyp=cur&referer=

Lenny Kravitz, Interior Designer

A seven-storey building in New York will have interiors designed by the Grammy-winner, combining the area’s scruffy, art-fueled past with lavish Manhattan luxury.

The New York Times

https://www.domain.com.au/news/housing-affordability-expected-to-deteriorate-further-by-2027-nab-report-20170222-gujc0s/

Australians expect housing affordability to deteriorate further by 2027: NAB report

Australians are more pessimistic about the future of housing affordability than any other lifestyle factor, a new report shows, having a knock-on effect onto business confidence.

Domain

http://www.mortgagebusiness.com.au/breaking-news/10842-apra-announces-fresh-guidance-on-mortgage-lending?utm_source=MB&utm_campaign=MBNewsflash23_02_2017&utm_medium=email

APRA announces fresh guidance on mortgage lending

APRA has outlined changes to serviceability assessments, buffers and the assessment and verification of income, living expenses and other debt commitments.

Mortgage Business

http://www.businessinsider.com.au/australians-are-holding-onto-their-homes-and-its-starting-to-hurt-real-estate-agents-2017-2

Australians are holding onto their homes and it's starting to hurt real estate agents

McGrath has partly blamed fewer homes available to sell for its profit slump.

Business Insider Australia

http://www.theaustralian.com.au/business/wall-street-journal/british-property-companies-preparing-for-a-downturn/news-story/5adeefa0e0e5fd44e9b401f60ec3f08a

British property companies preparing for a downturn

British property companies are preparing for a downturn by stepping up sales and stalling development plans.

The Australian