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A valuable lesson for property investors

Michael Conolly, Head of Network Property Management at McGrath reviews some of the lessons learnt by property investors in 2020 and the real value of an experienced property manager.

Victoria (Vic.)Melbourne

People

Featured Property

Get to know Sarah Neilson of The Agency

"Communication is key, it’s always key and that means listening as well as talking," Sarah Neilson of The Agency.

National

The Economy

First home buyers dominate Australia’s property market for the first time in a decade - REIA

The Real Estate Institute of Australia's latest “The Housing Affordability Report (HAR)” has recorded a ten-year high for first homes buyers in the last quarter.

National

The Economy

Top 20 Revealed – Australia’s best regional towns for first home buyers - ME Bank

ME has today released the top 20 regional towns in Australia for first home buyers looking for an affordable lifestyle boost after the COVID-19 pandemic.

New South Wales (NSW)Sydney

Featured Property

Private deep waterfront with onsite boat facilities – Ray White

Become a part of this privileged enclave in one of Drummoyne's most desirable addresses. For sale by Chris Wilkins of Ray White Drummoyne.

Western Australia (WA)

The Economy

Perth properties selling in 22 days - the fastest rate since 2006 REIWA

reiwa.com data has revealed properties for sale are in strong demand, with properties sold in November taking a median of only 22 days to sell, which is 17 days less than November 2019, making it the fastest time properties have sold since September 2006.

Australian Capital Territory (ACT)New South Wales (NSW)

The Economy

John McGrath – Canberra cruises through COVID-19 & NSW follows territory’s lead on stamp duty reform

John McGrath, founder and executive director, McGrath Estate Agents outlines how Canberra's property market has virtually cruised through COVID-19.

National

The Economy

2023 wrap-up and Happy Holidays from WILLIAMS MEDIA

While our e-Newsletters are taking a break, we will be updating our websites with any breaking news, reports and blogs. Wishing all of our readers a Merry Christmas and a happy new year.

Queensland (Qld)Brisbane

Featured Property

Brisbane’s record-breaking residence ‘One Leopard Street’ is back on the market - Place

The architecturally crafted residence features approx. 80m of uninterrupted views, with three levels of luxury living. For sale by Heath Williams and Judy Goodger of Place New Farm.

New South Wales (NSW)

Featured Property

Award-winning Terrigal penthouse set to achieve record price - McGrath

Named 2008 Best Apartment in Australia, each of the La Joya apartments is designed to feel like it is the only one. For sale by Mat Steinwede of McGrath Terrigal.

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11317-foreign-apartment-investment-to-plummet-as-construction-winds-down?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin27_07_17&utm_medium=email&utm_content=2

Foreign apartment investment to plummet as construction winds down

Foreign investor activity is likely to fall “considerably” in 2017-18, with Sydney foreign buyer-supported apartment starts expected to fall from the 2015-16 peak of 50,000 to below 30,000, say Master Builders.

Mortgage Business

http://www.architectureanddesign.com.au/news/fremantle-s-west-end-becomes-state-s-largest-ever

Fremantle’s West End becomes state’s largest-ever heritage listing

Around 200,000sqm of land have been placed on Western Australia’s heritage register in a bid to protect the area’s gold rush-era buildings.

Architecture&Design

https://www.domain.com.au/news/the-real-reason-one-million-homes-were-vacant-in-the-census-data-report-20170726-gxhy8q/

The real reason one million homes were ‘vacant’ in the census data

Analysis of census data by SGS Economics & Planning found there “does not appear to be a large pool of dwellings withheld from the housing market”.

Domain

https://www.mortgagebusiness.com.au/breaking-news/11312-attempts-to-curb-investment-futile-as-china-s-gdp-swells?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin26_07_17&utm_medium=email&utm_content=2

Attempts to curb investment futile as China’s GDP swells

Efforts to limit foreign investment are akin to “holding back the ocean with a broom”, says CT Johnson, MD of China research company Cross Border Management.

Mortgage Business

http://www.queenslandcountrylife.com.au/story/4809608/elders-turns-on-the-water-pressure-in-broking-market/?cs=4699

Elders turns on the water pressure in irrigation market

Hot on the heels of Ruralco upgrading its national water trading service, agribusiness rival, Elders, has confirmed it has bigger ambitions in the water market, too.

Queensland Country Times

https://www.mortgagebusiness.com.au/breaking-news/11311-1-in-10-australians-puts-tax-rebates-towards-mortgages?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin26_07_17&utm_medium=email&utm_content=4

1 in 10 Australians puts tax rebates towards mortgages

New research has revealed that nearly a third of Australians are planning to save their tax rebates this year.

Mortgage Business

http://www.weeklytimesnow.com.au/real-estate/south-australia/milliondollar-plus-property-sales-are-up-in-adelaides-southwestern-beaches/news-story/639b06d4bb643af79462711e1e6c303a

Million-dollar property sales are up in Adelaide’s southwestern beaches

Hills-dwellers looking for a seachange, locals climbing the real estate ladder, and Chinese investors have fuelled a 30% increase in million-dollar house sales in Adelaide’s southwest beaches.

Weekly Times Now

https://sourceable.net/grenfell-tragedy-should-be-a-catalyst-for-uniform-accreditation-system/

Grenfell Tragedy Should Be a Catalyst for Change

The Grenfell disaster can provide a warning to authorities here in Australia, but the opportunity will be wasted if the focus is strictly limited to the use of a particular building material.

Sourceable