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Australian housing market surpasses $9 trillion valuation - CoreLogic

CoreLogic has today announced its estimate of the total value of residential real estate in Australia has surpassed a new record of $9.1 trillion.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

Consolidated Properties Group marks major milestone in diversity journey

Consolidated Properties Group boss Don O’Rorke has hailed its now female-dominated office as Hannah Tohill and Demi Panagakos both take up the positions of Residential Development Manager and Denai Rex as Assistant Development Manager.

National

The Economy

Monetary policy remains conducive to house price growth, but headwinds could be on the horizon - CoreLogic

RBA maintained its current monetary policy settings, with the cash rate target remaining at 0.1%, and the interest rate on exchange settlement balances at 0.0%.

National

The Economy

What can go wrong when converting management authorities – A case study

There is often a great misunderstanding of the processes when selling a rent roll specifically as to what constitutes the sale of the portfolio.

National

The Economy

John McGrath – The Value Buy: Inner Ring Apartments

John McGrath founder and executive director of McGrath Estate Agents says the softening in apartment values due to the closed international borders is temporary and in the meantime, local buyers have the advantage.

National

People

RE/MAX adds two key corporate team members

RE/MAX Australia announced two strategic appointments Chris Fox RE/MAX Business Growth Manager and Daniel Mumford RE/MAX Client Engagement Manager. RE/MAX Managing Director Joel Davoren said the two latest additions to the team were a sign of strength and growth in the innovative, agile RE/MAX network.

New South Wales (NSW)Sydney

Featured Property

Bronte beachfront home for sale with breathtaking ocean views – The Agency

This Bronte Beach home for sale by Ben Collier of The Agency is one of the closest to the sand.

Western Australia (WA)Perth

Featured Property

Gidgegannup acreage for sale offering award-winning luxury outside of Perth - The Agency

This prestigious Gidgegannup property for sale by Kerrie-lee Marrapodi of The Agency, showcases a distinctive modern façade on acres of natural beauty.

Queensland (Qld)Brisbane

Featured Property

Bardon Art Deco residence “like a permanent vacation” – Place Kangaroo Point

The elegant sanctuary in Bardon for sale by Rebecca Russell and Simon Caulfield of Place Kangaroo Point, features a contemporary update and phenomenal Bardon views.

Victoria (Vic.)Melbourne

Featured Property

Albert Park family home for sale with cutting edge design - The Agency

Featuring a zen-like courtyard and contemporary interiors, the 3-bedroom Albert Park home for sale by Michael Paproth and Ben Hughes of The Agency.

Pages

News Roundup

https://bluenotes.anz.com/posts/2018/02/Q-A-sustainable-homes-for-sustainable-communities

Sustainable homes for sustainable communities

Affordable housing, delivered sustainably and with an emphasis on social connection, helps create thriving communities, says Jeremy McLeod, architect and founder of Nightingale Housing.

bluenotes

https://www.yourmortgage.com.au/mortgage-news/charitable-landlords-are-striving-to-make-a-difference/246859/

Charitable landlords are striving to make a difference

An emerging class of philanthropic landlords are leveraging their property ownership to help other Australians on the brink of homelessness.

Your Mortgage

https://www.mortgagebusiness.com.au/breaking-news/11959-finance-industry-facing-client-id-dilemma

Finance industry facing client ID dilemma

Up to 95% of Australian financial service firms are having difficulty identifying their customers, says a new report by data consultant GBG.

Mortgage Business

https://www.thefifthestate.com.au/energy-lead/local-government-energy-lead/south-australian-labor-looks-to-renewables-for-election-win/97811

South Australian Labor looks to renewables for election win

The South Australian Labor party is pushing hard on renewables in an effort to shore up support ahead of the 17 March state election.

The Fifth Estate

http://www.news.com.au/finance/real-estate/sydney-nsw/hobart-beat-sydney-melbourne-brisbane-and-perth-for-price-growth-over-the-past-15-years/news-story/758a8da7108f7f2451816855e24a09ff

Hobart beat Sydney, Melbourne, Brisbane and Perth for price growth over the past 15 years

A review of 15 years of home sales has revealed Sydney prices grew at the slowest rate of all capitals, despite the recent boom.

news.com.au

http://www.smh.com.au/nsw/nsw-to-get-its-own-productivity-commission-to-lower-living-costs-20180218-p4z0rl.html

NSW to get its own Productivity Commission to lower living costs

The Berejiklian government will establish its own Productivity Commission to find ways to improve housing affordability, lower living costs, and make it easier to move to NSW and do business in the state.

The Sydney Morning Herald

http://www.sandiegouniontribune.com/business/growth-development/sd-fi-lots-nestor-affordable-housing-20180208-story.html

City selling $1 lots

Is this the future of 'affordable housing' for the middle class?

The San Diego Union-Tribune

http://www.afr.com/personal-finance/ing-macquarie-virgin-cut-interestonly-home-loan-rates-20180220-h0wcwf

Lenders slash rates for investor loans

ING, Macquarie Bank and Virgin Money are reducing rates on interest-only investment loans despite regulatory efforts to curb these loans due to concerns about growing household debt.

The Australian Financial Review