The Real Estate Conversation

Contact

Recent surge in property prices may have widened gender wealth gap - CoreLogic

Surging home values caused by a global environment of low interest rates, tight supply and strong buyer demand may have widened the wealth gap between those that own housing, and those that don’t, amplifying the need to understand trends around women and home ownership.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

First National announces 2022 general Excellence and Marketing awards - Queensland

Queensland State Chairman, Neil Coupland, said it was an incredible year for First National Real Estate and that he was very encouraged by the number of salespeople and property managers who had received awards for the first time.

National

The Economy

John McGrath – When is the right time to buy in this market?

According to John McGrath founder and executive director of McGrath Estate Agents, the only factors that should be driving your decision to buy are personal needs and affordability.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

REIQ and Q Shelter launch urgent appeal to property owners as homelessness soars

The Real Estate Institute of Queensland (REIQ) and Q Shelter have joined forces to launch a campaign to encourage property owners to release their Queensland-based properties onto the long-term rental market. According to Antonia Mercorella, CEO of the REIQ - “The Queensland rental market was already at historically low vacancy rates leading up to the recent flood crisis.

South Australia (SA)Adelaide

The Economy

Consumers to feel the pinch of Eastern Europe Crisis says REISA

Barry Money, CEO of Real Institute of South Australia (REISA) foresees consumers carrying the can of high fuel prices across the board.

Western Australia (WA)Perth

People

Realmark Urban Welcomes Ryan Smith as Equity Partner

Welcoming Ryan Smith as an equity partner in Realmark Urban, Managing Director of Realmark John Percudani said “The ‘Never give up’ is a mantra shared universally by successful sportspeople and real estate agents.

New South Wales (NSW)

Featured Property

Bathampton Luxury Bowral acreage estate for sale - First National

Flawless 5.6 acre Hamptons style Southern Highlands estate for sale by Reece Woods First National Real Estate Bowral.

Victoria (Vic.)Melbourne

Featured Property

Entertainer’s oasis Beaumaris for sale - Kay & Burton

71 Fourth Street for sale by Eleisha Doherty and Tommy McIntosh of Kay & Burton delivers ample space for all the family in Melbourne bayside suburb of Beaumaris.

New South Wales (NSW)Sydney

Featured Property

Kirribilli terrace for sale with harbour views - The Agency

35 Willoughby Street Kirribilli for sale by Dino Gatti and Adrian Garcia of The Agency offers a classic Parisian style terrace with Sydney Harbour views.

Victoria (Vic.)Melbourne

Featured Property

360° view Melbourne Magnolia sub-penthouse for sale - Kay & Burton

The sub-penthouse at 1601/601 St Kilda Road for sale by Eleisha Doherty and Tracy Tian Belcher of Kay & Burton showcases some of the best 360 degree views in Melbourne.

Pages

News Roundup

http://www.afr.com/real-estate/low-earners-can-afford-just-28-of-private-rental-homes-anglicare-says-20180427-h0zd2u

Rental affordability worsens for low earners

Deteriorating affordability is a national productivity problem as well as an issue of equality.

The Australian Financial Review

http://www.afr.com/real-estate/tipalea-partners-to-build-90-million-office-project-in-alexandria-20180427-h0zcwd

Tipalea Partners to build $90m offices in Alexandria

Tipalea Partners will unveil a new $90 million office project at 29 Bourke Road in Alexandria.

The Australian Financial Review

https://www.theage.com.au/national/victoria/state-s-record-13-7-billion-building-blitz-20180429-p4zcbz.html

State's record $13.7 billion building blitz

The state government will spend $13.7 billion on roads, railways and other infrastructure around Victoria in just 12 months in an unprecedented election-year building blitz.

The Age

https://myaccount.news.com.au/sites/couriermail/subscribe.html?sourceCode=CMWEB_WRE170_a&mode=premium&dest=http%3A//www.couriermail.com.au/news/queensland/building-ministers-forum-agrees-to-queensland-proposal-to-clearly-mark-cladding-materials/news-story/219ee1aaffb571a7c5560a9adf121fd6&memtype=anonymous

Cladding hazard to last for decades

All building cladding products will have to be permanently labelled in future as authorities battle to counter potential fire hazards in the wake of the horror Grenfell fire tragedy.

The Courier Mail

https://www.smh.com.au/money/tax/sydney-s-richest-and-poorest-postcodes-barely-shifted-since-2004-20180426-p4zbts.html

Sydney's richest and poorest postcodes have barely changed since 2004

Seven of the country's top 10 postcodes for average taxable income, as well as the lowest income area, are in NSW.

Sydney Morning Herald

http://www.afr.com/real-estate/apartment-demand-still-good-as-crown-group-launches-its-1b-eastlakes-project-20180426-h0zaj6

Apartment demand still good, as Crown Group launches its $1b Eastlakes project

The expensive cost of production of housing in Sydney will continue to prop up high house prices, along with increased demand from local buyers, Crown Group chief executive Iwan Sunito says.

The Australian Financial Review

http://www.afr.com/real-estate/landlord-and-tenant-match-bids-in-data-centres-circus-20180426-h0z9kp

Landlord and tenant match bids in data centres circus

The landlord and tenant of the Asia Pacific Data Centre facilities have put up competing bids for control of the portfolio.

The Australian Financial Review

http://www.canberratimes.com.au/act-news/supermarket-50-apartments-proposed-in-giralang-shops-redevelopment-20180425-p4zboa.html

Supermarket, 50 apartments proposed in Giralang shops redevelopment

The developer of the derelict Giralang shops site has lodged plans for a new four-storey development that includes a 1000 square-metre supermarket and 50 residential apartments.

Canberra Times