The Real Estate Conversation

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Three questions to ask yourself when you are considering a counter offer

Resolver Recruitment director Virginia Brookes takes a look at what you need to think about when considering a counter offer.

Victoria (Vic.)Melbourne

Featured Property

‘Zetland’: historic potential in St James Park

Timeless, generously proportioned and architecturally refined, 'Zetland' is a heritage home in prestigious Hawthorn dating from the 1870s. For sale by Sam Wilkinson and Geoff Hall of Kay & Burton Hawthorn.

National

Design

Transformed: 12 wonderful warehouse conversions

History, high ceilings, and high street locations. If cookie-cutter architecture is not your thing, perhaps you’ll be inspired by a warehouse conversion. As seen on Luxury List.

National

Politics

Skilled migration crucial to housing - HIA

The Housing Industry Association has accused Labor of "setting the bar too high" with its proposed changes to skilled migration visas.

New South Wales (NSW)Sydney

Design

Historical hospitality in the heart of Hunters Hill

All the hallmarks of Sydney's Hunters Hill can be seen in these two character-filled buildings for sale by Tom Doran and Dean Venturato of Burgess Rawson, in conjunction with Rhys Donnellan from Clearpoint.

Western Australia (WA)

Politics

WA not getting its fair share of funding - REIWA

The Real Estate Institute of Western Australia believes more must be done at a federal level to keep the state moving forward.

Victoria (Vic.)Melbourne

Featured Property

Bespoke designer style and classic elegance

Boasting 12 principle rooms, this extravagantly proportioned home is located in St James Park Estate, enviably close to the Yarra River. For sale by Jock Langley and Simon Curtain of Abercromby’s Armadale.

Queensland (Qld)

People

Next home buyers apprehensive about auctions - report

Westpac's Home Ownership report has found that more than 50% of next home buyers are too scared to purchase at auctions.

Victoria (Vic.)Melbourne

The Economy

Melbourne housing market to stabilise in second half of 2019 - Urban Property Australia

Victoria population growth coupled with a likely cut to interest rates could provide some positive stimulus to Melbourne's housing market in the second half of 2019, according to Urban Property Australia.

Western Australia (WA)

People

Investors show confidence in WA apartment market

Survey results released by the WA Apartment Advocacy have shown that 86% of WA investors believe their apartment will increase in value within the next ten years.

Pages

News Roundup

http://www.afr.com/brand/afr-magazine/brw-rich-1-the-rise-and-rise-of-building-billionaire-harry-triguboff-20160415-go7hre

The rise and rise of building billionaire Harry Triguboff

BRW Rich #1: Australia’s richest person is across all the detail of the property empire he built over 53 years, and is estimated to be worth more than $10 billion today.

The Australian

http://www.afr.com/business/banking-and-finance/cba-boosts-scrutiny-of-mortgage-applications-20160524-gp33aj

CBA boosts scrutiny of mortgage applications

CBA, the nation's largest mortgage lender, is overhauling mortgage operations to improve processing times and boost security and transparency of dealing with mortgage brokers.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/chinese-home-buyers-in-australia-in-decline/news-story/8545f41a30bb56f62b6486755881484a

Chinese home buyers in Australia in decline

Visits from property seekers based in China declined sharply in the first four months of this year, data from REA Group shows.

The Australian

http://www.yourinvestmentpropertymag.com.au/news/rba-governor-issues-property-investment-warning-216616.aspx

RBA Governor issues property investment warning

Outgoing Reserve Bank of Australia governor Glenn Stevens has reminded Australians that making money through investing in property is not guaranteed.

Your Investment Property

http://www.afr.com/real-estate/australian-construction-and-building-wages-expected-to-ease-soon-20160518-goykcc

Australian construction and building wages expected to ease soon

Wages in Australia's building and construction industry have been rising, but the leaders of major building and construction companies say that wages will hit an inflexion point because spare capacity from the resources industry, and a slowdown in the housing and apartment boom will soften the labour market supply-and-demand balance.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/chinese-developer-builds-melbourne-tower-with-fewer-1-br-apts-and-6-new-floors-20160524-gp2bdu

Chinese developer to build Melbourne tower with fewer one bedroom apartments and 6 new floors

Chinese developer Decent Place has been given the go ahead for a 199-metre, Melbourne high-rise tower and gained an extra six floors of apartments, after slashing the number of smaller one-bedroom apartments in the development.

The Australian Financial Review

http://www.mortgagebusiness.com.au/breaking-news/9825-major-disruptor-hits-local-mortgage-market

Major disruptor hits local mortgage market

The uno online service gives consumers access to the tools and information that traditional brokers use to find a home loan, across a wide range of lenders, providing them with the power to decide what is best for them.

Mortgage Business

http://www.theaustralian.com.au/business/property/facebook-peer-pressure-drives-users-to-pay-more-for-housing/news-story/d81ef14232fb0b6b3bbd8d8febdf1475

Facebook peer pressure drives users to pay more for housing

The experiences of your Facebook friends can have a large and irrational impact on whether you buy or rent, what type of house you buy and what you pay for it, study shows.

The Australian