The Real Estate Conversation

Contact

John McGrath – What’s driving the Spring market?

The number of homes for sale across Australia is at a 10-year low, with new listings increasing only marginally in the month of September and overall stock for sale actually falling. This is highly unusual for the first month of Spring, which is traditionally our busiest selling season.

New South Wales (NSW)Sydney

Featured Property

‘Forest Glen’: Paddock to plate lifestyle on 25 acres

Less than 1 hour from Sydney's CBD, this country estate offers a relaxed lifestyle for sustainable living. For sale by Deborah Cullen and Richard Royle of Cullen Royle.

Featured Property

'The Glasshouse': Award-winning designer luxury

For sale by Ben Collier of The Agency, who told WILLIAMS MEDIA, “Normally you wouldn’t see these interiors and quality of finishes until you reach a price range of $10,000,000+.”

Victoria (Vic.)Melbourne

People

Nick Harding of Ha Architecture: design from the inside, out

"Being able to propose an idea to a client and then delivering that concept exactly as it was intended is a very satisfying experience." Nick Harding, Ha Architecture.

Queensland (Qld)Brisbane

Featured Property

Architectural perfection with full Brisbane and river panoramas

Sophisticated single-level living meets clever design and mesmerising views. For sale by Sarah Hackett of Place Bulimba.

Queensland (Qld)Brisbane

Featured Property

Bespoke Wynnum home with spectacular island views

For sale by Caiti Shaw of Place Bulimba, who told WILLIAMS MEDIA, "I have no doubt this home will attract many buyers looking to move from the inner city out to the bay."

Victoria (Vic.)

Featured Property

‘Planetrees’: Sophisticated country living with boutique income stream

Whether it is a lifestyle change or escape to the country with substantial income in place and future potential, Planetrees Estate has it all in one of Victoria’s most picturesque locations. For sale by Sue Gratton of Circa Heritage and Lifestyle Property.

Victoria (Vic.)Melbourne Brighton

Featured Property

Buyer purchases Tuscan style apartment for his wife to create art

The buyer loved this building so much he purchased all 3 apartments in the building. Sold by Chelsie Cargill and Alex Schiavo of Kay & Burton.

New South Wales (NSW)

Featured Property

Stunning Southern Highlands estate on 65 acres for sale: The Agency

Horse lovers take note of this outstanding French inspired farmhouse with Olympic sized arena and stabling for six horses, nestled in beautiful Berrima, for sale through Ben Olofsen and Cameron McKillop of The Agency.

Queensland (Qld)Brisbane

Featured Property

Husband buys Norman Park home while wife is away on girls’ weekend

The magnificent Queenslander with city views was sold sold on first open home after 3 days on the market by Shane Hicks of Place Bulimba.

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11244-offset-accounts-in-the-hands-of-the-wealthy?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin05_07_17&utm_medium=email&utm_content=1

‘Wealthy minority’: offset mortgages balance debt boom

Rich Australians with mortgage offset accounts are balancing out the nation’s record household debt levels, but poorer borrowers on interest-only mortgages are facing increasing risks, according to Morningstar.

Mortgage Business

https://www.domain.com.au/news/interest-rate-hikes-how-an-rba-increase-would-affect-your-mortgage-repayment-20170704-gx408i/

How an RBA increase would affect your mortgage repayment

For Australia’s indebted property owners, a rise in the case rate could mean paying hundreds of dollars more in repayments every month.

Domain

http://www.theaustralian.com.au/business/property/morrison-national-property-market-in-for-soft-landing-not-a-crash/news-story/3201d9085fee2ce1f77761a75749de54

Morrison: national property market in for soft landing, not a crash

Scott Morrison says the national housing market has “swung back in favour” of owner-occupiers, as new figures reveal the market is not headed for a crash.

The Australian

http://www.afr.com/real-estate/parramatta-penthouse-sells-for-record-3325-million-20170704-gx47ju?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29085022&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/parramatta-penthouse-sells-for-record-3325-million-20170704-gx47ju%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-07-05&Day_Sent=05072017

Parramatta penthouse sells for record $3.3 million

A western Sydney businessman and his wife have snapped up a penthouse in Sydney's Parramatta for $3.325m, setting a record land rate of $17,500 a square metre, a level usually reserved for inner city properties.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2017/07/04/rising-rates/?utm_source=Responsys&utm_medium=email&utm_campaign=20170705_TND

Banks do what RBA won’t: hike interest rates

The RBA held the cash rate at 1.5% for the tenth time on Tuesday; it hasn’t moved since a 25bp cut in August 2016. The gap between the RBA rate and the standard rate banks quote mortgage borrowers is the widest in 20 years.

The New Daily

http://www.theaustralian.com.au/business/property/chinese-developers-active-in-sydney-deals/news-story/818affb8f6cb7b863e5451ef5860cc65

Chinese developers active in Sydney deals

Chinese developers have been active in the Sydney property market with ASX-listed group Boyuan Holdings buying a pub in Penrith and Maville Group selling in Waterloo.

The Australian

http://www.afr.com/real-estate/residential/incentives-on-the-rise-in-fractured-apartment-market-20170703-gx3d09

Incentives on the rise in 'fractured' apartment market

Malaysian real estate giant Mulpha is offering a $80,000 furniture package to penthouse purchasers.

The Australian Financial Review

http://www.afr.com/personal-finance/westpac-rejigs-property-loans-to-attract-cashedup-buyers-20170703-gx4092

Westpac rejigs property loans to attract cashed-up buyers

Westpac has launched an aggressive push into the residential investment property market with a fixed rate offer below 4% as other lenders lift rates.

The Australian Financial Review