The Real Estate Conversation

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John McGrath – Why housing is so hot

John McGrath, founder and executive director of McGrath Estate Agents explores the many reasons around why housing is so hot right now.

National

Design

Sales of super-prime properties with tennis courts spike in 2020 due to COVID-19 lifestyle changes

Knight Frank has released its first Australian Residential Tennis Court Premium report. The research found sales of super-prime properties with tennis courts spiked in 2020 during COVID-19, with $682.8m transacting across 38 sales, up 230% on a weak 2019.

Victoria (Vic.)Melbourne

Featured Property

Period icon designed by the Melbourne Town Hall architect is on the market – The Agency

The historic home was originally designed by Joseph Reed in 1864 and has been updated by Nonda Katsalidis. For sale by Peter Kakos and Ericka Wong of The Agency.

Queensland (Qld)Brisbane

Featured Property

Former home of Bart Cummings for sale in Hendra - Place

This circa 1900 Californian bungalow with luxe modern renovations is for sale by Patrick McKinnon of Place Ascot.

Victoria (Vic.)Melbourne

Featured Property

Kew East family masterpiece with an architectural edge – The Agency

Promising splashes of European inspiration over 3 breathtaking levels, this expansive home is for sale by Ben Hughes, Ericka Wong and Michael Paproth of The Agency.

Victoria (Vic.)Melbourne

People

Get to know Tom Staughton Partner at Kay & Burton

Once one of the company's Rising Stars, Tom Staughton is now a partner who takes inspiration from his young family.

Queensland (Qld)Brisbane

Featured Property

Yet to be constructed Camp Hill Hamptons home sold for $2.35m - Place

Photos used in the marketing campaign were renders, showing every component that will be included in the home. Sold by Shane Hicks of Place Bulimba.

New South Wales (NSW)

The Economy

Small fluctuations in rental vacancies welcome the New Year - REINSW

REINSW Vacancy Rate Survey results for January 2021 show that rental vacancies across the major metropolitan markets remain largely stable.

Victoria (Vic.)

The Economy

New rental standards risk even tighter regional rental market - REIV

The 120 new rental tenancy standards that come into effect from 29 March will trigger uncertainty, confusion and an unbalanced regulatory burden on the market.

Queensland (Qld)Gold Coast

Featured Property

Absolute beachfront Gold Coast apartment - REAL Specialists

Ideal for a holiday home, a comfortable permanent residence or a prime investment property in a sought-after locale, this top-floor apartment is for sale by Wayne Bisgrove of REAL Specialists.

Pages

News Roundup

https://www.smartpropertyinvestment.com.au/advice/16522-solar-installation-a-serious-fire-risk-expert-warns?utm_source=SmartPropertyInvestment&utm_campaign=15_08_17&utm_medium=email&utm_content=2

Solar installation a serious fire risk, expert warns

The incidence of solar panel fires could become more frequent as solar power increases in popularity and owners corporations put price ahead of quality.

Smart Property Investment

http://www.afr.com/real-estate/residential/chinese-property-agents-report-sharp-drop-in-demand-for-australia-20170814-gxvr5j

Chinese property agents report sharp drop in demand for Australia

Chinese real estate agents are reporting a sharp drop-off in Australian sales over the past six weeks as new property taxes take effect, and Beijing's tighter capital controls crimp demand.

The Australian Financial Review

http://www.abc.net.au/news/2017-08-14/housing-wealth-uncertain-mortgage-debt-is-real/8803116

Housing wealth is uncertain, but mortgage debt is very real

Ian Narev, head of the CBA, is warned this week that a large part of your wealth can evaporate quickly if property prices fall, but your debts will remain the same.

ABC

http://www.afr.com/real-estate/bigger-is-better-as-retail-landlords-face-disruption-sp-20170814-gxvn5y

Bigger is better as retail landlords face disruption: S&P

Retail landlords with larger fortress-style malls will fare better as the retail sector faces the challenge of online shopping, says S&P Global Ratings.

The Australian Financial Review

http://www.afr.com/real-estate/residential/chinese-retreat-from-australian-property-market-20170813-gxv6t3

Chinese retreat from Australian property market

Chinese buyers, who make up about 80% of foreign property purchases in Australia, have grown wary after being hit by Beijing's tightened capital controls, local bank restrictions, and growing fears of an over-supply of capital city apartments.

The Australian Financial Review

http://www.weeklytimesnow.com.au/real-estate/street-art-is-driving-up-home-values-in-edgy-inner-city-suburbs/news-story/530e25927ecde46350f046df61af40f1

Street art is driving up home values in edgy inner city suburbs

Graffiti used to be considered the sign of a rundown suburb — now it’s pushing up home values.

The Weekly Times

http://www.afr.com/real-estate/first-home-buyers-lose-apartments-in-centenary-park-imbroglio-20170625-gwybpx

First home buyers lose apartments in Centenary Park imbroglio

The off-the-plan apartments bought by eighty buyers between four and seven years ago have not been built, and the developer has rescinded the contracts.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/lifes-a-beach-for-bars-says-justin-hemmes/news-story/43d5370e9087b5d14c8dbc9cc591b8ca

Life’s a beach for bars, says Justin Hemmes

Sydney bar king Justin Hemmes has snapped up northern beaches watering hole, The Collaroy, in a play worth $21m.

The Australian