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E-commerce tech founders bid it out for prestige hilltop winery on the Mornington Peninsula

Property interest is intensifying in the Mornington Peninsula and other regional areas with companies realising they can be managed remotely and with more flexibility.

New South Wales (NSW)

Featured Property

Burradoo beauty is for sale with exclusive dress circle address

Elegance and regal charm, this luxury rural home in the Southern Highlands is for sale through Ben Olofsen and Cameron McKillop of The Agency.

National

The Economy

Rents record first annual fall - REIA

The September 2020 quarter CPI figures show the impact that the COVID pandemic is having on the rental market, according to the Real Estate Institute of Australia.

Victoria (Vic.)

Politics

Victorian Government lift minimum training requirements for real estate - REIV

The Real Estate Institute of Victoria welcomes the State Government’s actions to raise the education standards required for the real estate sector.

National Western Australia (WA)

The Economy

The Pilbara agent on the cutting edge of technology - Openn Negotiation

The ‘online auction guy’ – that’s what buyers and sellers in the Pilbara region are calling Realmark Karratha agent Jordan James.

New South Wales (NSW)Sydney

Featured Property

'Earth, Wind and Fire': Lindfield home’s record breaking $11m+ sale

The sustainable Luigi Roselli Architects design features a stunning entertaining deck and showcase indoor staircase with slide. Sold by Glenn Curran of McGrath Lindfield.

National

The Economy

Is your client looking for a sea or tree change? Support their move with smart technology

Securexchange aims to protect your clients from scammers through the use of a collaborative and secure workspace.

New South Wales (NSW)

Featured Property

REAL Specialists: Sea change meets tree change

Set atop five acres and within three kilometers of the beach, this four bedroom Pottsville home is for sale by Shaun Cardillo of REAL Specialists.

Western Australia (WA)Perth

The Economy

Median sale price increases in eight regional centres says REIWA

Real Estate Institute of Western Australia says 8 of 9 Western Australia’s regional centres have recorded an increase in median sale price for the September 2020 quarter, with Karratha experiencing the largest increase of 8.1 per cent to $465,000.

National

The Economy

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.

Pages

News Roundup

http://www.afr.com/real-estate/no-country-for-old-men-or-women-rental-sector-needs-adapt-for-ageing-australia-20170629-gx17fl

Rental sector must adapt for ageing population

As housing becomes increasingly unaffordable, growing numbers of older Australians will reach retirement without owning their own home. With short leases and little security over tenure, ageing Australia is in for a hard time.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/evoking-that-special-feeling-how-to-sell-a-luxury-home/news-story/58c7832bed94f5a56ec87e083d06fdec

How to sell a luxury home

Champagne and cupcakes are served. A pianist plays a grand piano. The scents of fresh flowers and baking break waft through the air.

The Australian

http://www.abc.net.au/news/2017-07-02/urban-sweet-potato-crops-feeding-needy-by-the-tonne/8663652

Urban sweet potato crops feeding the needy

Community farms on urban wasteland in Melbourne are producing tonnes of the root vegetable for the needy.

ABC

https://www.wsj.com/articles/new-york-penthouse-with-bonus-apartments-and-parking-asks-48-million-1498746108

New York penthouse with bonus apartments asks US$48m

Developer Continuum Company is offering two studios and two parking spaces to help sell its duplex penthouse in Madison Square Park Tower.

The Wall Street Journal

https://www.businessinsider.com.au/how-to-retire-by-40-2017-6

How much you need to save to retire on a beach and play golf all day by age 40

How much you spend today and how much you plan to spend in retirement dictates how much you need to save before you can live your best life on a beach or on the golf course.

Business Insider

http://www.theaustralian.com.au/business/property/grocon-government-big-issue-in-housing-affordability-push/news-story/39d6e890d9ae875bd8e1f4f796603823

Grocon in housing affordability push

The construction giant has linked up with homelessness social enterprise The Big Issue and the federal government to increase the supply of affordable housing.

The Australian

https://www.domain.com.au/news/thinking-of-selling-to-a-buyer-from-china-you-might-want-to-get-in-quick-20170628-gx0dsb/

Stamp duty and cash transaction reforms to impact Chinese interest in Sydney property

Changes by the Chinese and NSW state governments set to take effect from 1 July could turn off foreign buyers.

Domain

http://www.afr.com/markets/equity-markets/rate-hikes-from-central-banks-could-be-next-crisis-20170628-gx0vci

Rate hikes from central banks could be next crisis

With the global economy in better shape, central banks are keen to get rates back to more normal levels so they have ammunition to deal with the next crisis if and when it happens.

The Australian Financial Review