The Real Estate Conversation

People

New face on the Elders real estate team

Belinda Connor has taken on the role as the head of the residential real estate division at Elders Real Estate.

New South Wales (NSW)

NSW land owners to receive updated land valuations

The NSW Acting Valuer General has completed land values for every parcel of land across NSW but bushfire victims will receive their statements later than everyone else.

People

Knight Frank makes key appointments to residential team

Two new appointments - Mark Manners and Shayne Harris - have been made to Knight Frank Australia’s residential team as part of the company’s ongoing restructure.

International

Mansion to sell for worldwide record-breaking price in London

A 45-room mansion in London's upmarket Knightsbridge is being sold for 210 million pounds.

Victoria (Vic.)

Featured Property

Greenside luxury secluded in a pocket of ancient moonah trees

Wedged between the two championship golf courses at Moonah Links Golf Resort, this recently refurbished home enjoys uninterrupted views of the Open Course and practice fairway. For sale by John Couper of Coupers Realty.

Good news for home buyers and renters

The latest CPI figures are showing a positive sign that official interest rates will not change, according to REIA.

Increased interest from development groups for residential sites

Development and site acquisition specialist, Michael Bevan, appointed by McGrath Projects to address increased demand.

Queensland (Qld)Gold Coast

BMT shows how to earn two rental streams from one property

Increased property prices have forced many out of the market, causing a surge in demand for alternative living arrangements, according to BMT Tax Depreciation

31 properties go under the hammer at The Event

The annual auction, held by Ray White Surfers Paradise Group called The Event, has given a clear indication of strong real estate demand on the Gold Coast.

http://www.afr.com/real-estate/residential/mcgrath-ceo-cameron-judson-upbeat-after-torrid-first-year-on-asx-20161206-gt5kk3

The persistently missing middle in housing

The ‘missing middle’ refers to a paucity of new development that provides low rise, medium density housing options, according to CoreLogic.

Pages

News Roundup

McGrath upbeat after torrid first year on ASX

McGrath CEO Cameron Judson is depending on the turnaround of the 10 company-owned former Smollen Group offices.

http://www.theaustralian.com.au/business/property/triguboffs-meriton-sues-urbangrowth-for-lachlans-line-info/news-story/760a090848f80a1cf8c60c29e5673a94

Triguboff’s Meriton sues UrbanGrowth for Lachlan’s Line info

Harry Triguboff’s Meriton returns to court in another action against the NSW’s government’s UrbanGrowth over the controversial site for a $500m development in Sydney’s north.

The Australian

http://architectureau.com/articles/gen-y-demonstration-housing-project/

Density by stealth

The WA government developer LandCorp has unveiled a new housing project, designed by David Barr Architect, that comprises three apartments but appears as a single dwelling.

ArchitectureAU

http://www.afr.com/markets/equity-markets/rba-rate-cuts-are-still-on-the-cards-20161206-gt50yq

RBA rate cuts are still on the cards

The economy has shed more than 25,000 jobs in the past few months and is on the cusp of going backwards, wages growth is at record lows, mortgage rates are on the rise, and inflation is below target.

http://www.afr.com/lifestyle/travel/150-years-of-blue-plaques-honour-londons-noted-and-notorious-20161204-gt3ykl

150 years of blue plaques honour London's noted and notorious

This year, London celebrates 150 years of blue plaques: tiny, ceramic homages to notable figures and important historical sites.

http://www.theaustralian.com.au/business/property/ray-white-chief-says-interest-rates-key-to-housing-market/news-story/3a30c72ec9275ab5f5c7ff089a2547ab

Ray White chief says interest rates key to housing market

The housing market has shown no signs of losing steam despite warnings, says Brian White, chairman Ray White.

The Australian

http://www.smh.com.au/business/the-economy/in-a-property-sellers-market-why-are-vendors-being-contract-mugs-20161206-gt51c8.html

In a property sellers' market, why are vendors being contract mugs?

Vendors are signing real estate agency agreements that read as if the agents are doing a personal favour listing the property.

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/vic/chinese-developer-dahua-makes-360m-land-play-20161205-gt4q5v

Chinese developer Dahua makes $360m land play

Chinese real estate giant Dahua Group is poised to spend $360m on three residential development sites in Melbourne's west, in one of the biggest house-and-land purchases in the city's history.