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The Agency Autumn Report 2021

During March combined capital city dwelling values grew by 2.8%, the fastest growth in 32 years. The Agency report suggests market growth and high clearance rates will continue but may balance out by the end of the calendar year.

New South Wales (NSW)

People

Get to know Corey Moret of REAL Specialists

Corey set 13 street records during COVID-19, despite the tough market conditions.

National

The Economy

CoreLogic’s Q1 Rental Review reveals diversity of rental conditions

CoreLogic’s Rental Review for the March 2021 quarter revealed a surge in national rental rates of 3.2% however the drivers of this growth are diverse, with the regions, Darwin and Perth collectively driving much of the increase.

New South Wales (NSW)

People

McGrath provides FY21 Profit Guidance and Trading Update

McGrath’s positive first half FY21 momentum continues in second half.

National

The Economy

John McGrath – Houses are booming but apartments offer value

With so much discussion about the booming market these days, John McGrath founder and executive director of McGrath Estate Agents, discusses how one of the greatest buying opportunities is being overlooked.

Queensland (Qld)Gold Coast

Featured Property

Eclectic home 450m from Coolangatta beach sold for $1,230,000 - REAL Specialists

Set up for dual occupancy potential, the home is positioned to enjoy the lifestyle the Gold Coast has to offer. Sold by Cait Hodge of REAL Specialists.

Victoria (Vic.)Melbourne

Featured Property

Unforgettable St Kilda penthouse for sale with 360-degree views – The Agency

For sale by Jesse Raeburn and Sam Hobbs of The Agency, who told WILLIAMS MEDIA, “It’s hard to describe how ‘Holly’ makes you feel, it’s really an experience”

New South Wales (NSW)Sydney

Featured Property

Bondi Beach entertainer with spectacular views - The Agency

'PACIFIC' Bondi Beach apartment for sale by Edward Reid of The Agency, in conjunction with James Ledgerwood of Ray White Double Bay.

Queensland (Qld)Brisbane

Featured Property

Cute Brisbane cottage sold prior to auction - Place

Sold by Courtney Caulfield of Place Kangaroo Point, who told WILLIAMS MEDIA the home appealed to first home buyers, families, and downsizers.

New South Wales (NSW)Sydney

Featured Property

Woollahra apartment ideal for downsizers – The Agency

For sale by Ben Collier of The Agency, who told WILLIAMS MEDIA, "Its top floor location is ideal to lock and leave.”

Pages

News Roundup

http://www.theaustralian.com.au/business/property/brisbane-property-owners-lose-as-prices-fall/news-story/a4f256d3170235823b81f9394c5c3f79?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=TodaySHeadlines

Brisbane property owners lose as prices fall

Brisbane apartment owners face a potential $4 billion drop in property values over the next three years in the face of oversupply and a falling market.

The Australian

https://sourceable.net/dodgy-sydney-real-estate-agent-jailed/

‘Dodgy’ Sydney Real Estate Agent Jailed

A former real estate agent from Sydney’s northern beaches will spend up to three years behind bars after stealing more than $400,000 from his clients.

Sourceable

https://architectureau.com/articles/living-room-in-the-garden-omas-mpavilion-to-steer-debate-about-the-city/

‘Living room in the garden’: OMA’s MPavilion to ‘steer debate about the city’

Dutch architects Rem Koolhaas and David Gianotten of the Office for Metropolitan Architecture (OMA) say the 2017 Pavilion will be "a tool – a tool for [the public] to use to discuss the future of [their] city."

ArchitectureAU

http://www.theaustralian.com.au/business/property/high-property-prices-disguise-a-housing-shortfall/news-story/b6ea003602dd3e725135305cdc55bfd2

High property prices disguise a housing shortfall

Australia would have a considerable housing shortfall if young people moved out and formed new households at the same pace as they did in the past, says new research from ANZ.

The Australian

https://www.curbed.com/2017/6/29/15894258/prefab-home-kit-houses-ecokit-australia

Ecokit's modular prefab cabins are sustainable and arrive flat packed

Skyrocketing housing costs are fuelling interest in alternative dwellings all over the world.

Curbed

http://www.news.com.au/finance/real-estate/melbourne-vic/landlords-could-benefit-from-accepting-pets-experts-say/news-story/d1a2ab77fdea5380d4655a489f8d3769

Landlords could benefit from accepting pets, experts say

Accepting pets could be “a savvy investment strategy” for landlords in Melbourne, where there’s a severe shortage of animal-friendly rentals.

news.com.au

http://www.afr.com/personal-finance/more-than-30000-of-the-nations-richest-households-in-financial-distress-20170927-gyq7r1

More than 30,000 of the nation's 'richest' households in financial distress

More than 30,000 households in the nation's wealthiest suburbs are facing financial stress, with hundreds risking default over the next 12 months because of soaring debts and static incomes.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11526-australia-fast-becoming-a-leader-in-alternative-funding

Australia fast becoming a leader in alternative funding

A KPMG report shows that the Australian alternative finance market grew by 53% to $774m last year.

Mortgage Business