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John McGrath – Sydney market turns & new infrastructure underway

Sydney appeared to turn a corner in October, according to John McGrath, founder and executive director, McGrath Estate Agents.

New South Wales (NSW)Sydney

Featured Property

Spacious Sydney waterfront penthouse sold in 3 weeks

Sold by Robert Alfeldi of McGrath Pyrmont, who told WILLIAMS MEDIA the penthouse was one of the highest sales for Sydney in 2020.

Queensland (Qld)Brisbane

Featured Property

Modern Tennyson riverfront retreat

This Brisbane home features a fully-equipped cinema and home office, as well as a unique bank safe that has been transformed into a temperature-controlled wine cellar. For sale by Sarah Hackett of Place Bulimba.

Queensland (Qld)Brisbane

Featured Property

Classic Ascot Queenslander just six kilometres from CBD

This dual-level family home provides everything you need to enjoy a luxurious lifestyle on approx. 1,000sqm. For sale by Patrick McKinnon of Place Ascot.

New South Wales (NSW)Sydney

People

Nina Maya Interiors: custom design with unexpected elements

Nina Maya's timeless aesthetic can be seen in her growing body of work, from the iconic Opera Bar in Sydney, to award-winning residential project The Glasshouse, and even a Melbourne Cup marquee.

New South Wales (NSW)Sydney

Featured Property

Award-winning bespoke home with sweeping bay and Sydney views

This Sydney sanctuary boasts an underground cinema room, cellar and rooftop terrace where the views take centre stage. For sale by Fiona Hellams and Chris Wilkins of Ray White Drummoyne.

New South Wales (NSW)

'Truly beautiful' federation home for sale in Armidale

The historic Birida apartment in the NSW Northern Tablelands is available for sale through Gail Schaefer of Uphill & Schaefer Real Estate.

New South Wales (NSW)

Politics

REINSW calls on Fair Trading to unlock jobs-in-waiting

There are hundreds of would-be workers in the NSW real estate industry forcibly unemployed due to NSW Fair Trading bureaucratic inefficiencies, says the Real Estate Institute of NSW (REINSW).

National

The Economy

2020 has proven to be an interesting time for brand new and off the plan sales

Adam Sparkes, General Manager of McGrath Projects, "We are seeing that the two sectors of the market that have remained strong are at polar opposites."

New South Wales (NSW)Sydney

Featured Property

Convenience, sophistication and space in Woollahra terrace

For sale by Ben Collier of The Agency who told WILLIAMS MEDIA, “This is one of the largest homes you will see for a property in this price range.”

Pages

News Roundup

http://www.abc.net.au/news/2017-07-16/housing-affordability-whats-happening-to-great-australian-dream/8694330

What's happening to the Great Australian Dream?

Are there smart ways to win the housing game — or should you just refuse to play?

The ABC

http://www.theaustralian.com.au/business/property/property-market-sees-baby-boomers-combine-apartments-for-space/news-story/53d97cb887db4fb6145c346102cc7caa

Property market sees baby boomers combine apartments for space

The Australian

http://www.fijitimes.com/story.aspx?id=408639

Real estate agent enters Fiji market

Raine and Horne Australia has launched a Fijian branch in Lautoka, hoping to take advantage of the booming real estate market.

The Fiji Times

http://www.smh.com.au/comment/richard-glover-the-sydneymelbourne-rivalry-is-over-melbourne-has-won-20170711-gx98us.html?utm_source=twitter&utm_medium=social&utm_campaign=nc&eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17/02/2014-edtrs_socialshare-all-nnn-nnn-vars-o%26sa%3DD%26usg%3DALhdy28zsr6qiq

The Sydney-Melbourne rivalry is over: Melbourne has won

Melbourne will become the nation's most populous city by 2050.

The Sydney Morning Herald

http://www.afr.com/real-estate/nab-cuts-housing-price-growth-forecasts-as-property-sentiment-weakens-20170713-gxaa5m

NAB cuts housing price growth forecasts as property sentiment weakens

National Australia Bank has cut its growth forecasts for both houses and units this year on the back of sharply deteriorating sentiment about the property market.

The Australian Financial Review

http://www.afr.com/markets/opportunities--and-pitfalls--to-investing-in-baby-boomers-retirements-ubs-20170713-gxabwq

Opportunities - and pitfalls - to investing in baby boomers' retirements: UBS

Within the next 15 years, almost all of the 6 million Australians who make up the 'baby boomer' generation will reach or be well into their retirement. The vast majority will not be wealthy enough to get by without an income unless they sell the equity in their home and move into some form of retirement accommodation.

The Australian Financial Review

http://www.yourinvestmentpropertymag.com.au/news/jll-lists-the-next-wave-of-chinese-developers-in-australia-238693.aspx

JLL Lists The Next Wave Of Chinese Developers In Australia

At least 10 Chinese investors and developers who have yet to make their mark on Australian property are preparing to make their foray.

Your Investment Property

https://www.domain.com.au/news/more-australian-adult-children-are-living-at-home-census-data-shows-20170711-gx8urj/

More Australian adult children are living at home, census data shows

What do you do when you are priced out of the housing market?

Domain