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New South Wales (NSW)Sydney

The Economy

Sydney property values reach new record high - CoreLogic

CoreLogic today announced Sydney property values have recovered to be beyond their earlier 2017 peak.

National

The Economy

Regional areas experienced a sharp deterioration in affordability - HIA

“Regional areas experienced a larger decline in affordability than the capital cities," stated Angela Lillicrap, HIA’s Economist.

National

The Economy

REIA reports a rise in housing and rental prices across most of Australia

Real Estate Institute of Australia President, Adrian Kelly said the weighted average capital city median price increased by 6.0% for houses and by 0.9% for other dwellings.

National

The Economy

Strengthening apprentice support will strengthen economy: HIA

HIA welcomes the Australian Government's decision to extend the Boosting Apprenticeship Commencements subsidy by injecting a further $1.2 billion.

Western Australia (WA)Perth

People

Anil Singh joins The Agency South Perth

REIWA Master Salesperson 2020 Anil Singh joins The Agency's real estate sales team in South Perth.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

First National announces Queensland 2020 General Excellence & Marketing Awards

First National Real Estate’s Queensland agents were presented with their 2020 General Excellence and Marketing Awards at Hilton Brisbane on Saturday night.

National

The Economy

John McGrath – Synchronised growth in home values nationwide

Australia is now in a synchronised price growth phase not seen for more than a decade according to John McGrath, founder and executive director of McGrath Estate Agents

National

People

OPENN Negotiation joins select group of prop tech companies 2021 REACH Australia class

Peter Gibbons Managing Director of OPENN Negotiation told WILLIAMS MEDIA, “Each year REACH selects a handful of the best PropTech companies in the region that have hit a high level of success and are looking to scale into new global markets.

Queensland (Qld)

Featured Property

Near new home in new Caboolture estate - REAL Specialists

This family home is positioned at the end of a cul-de-sac with neighboring parkland. For sale with offers over $789,000 by Gail Bernardin of REAL Specialists.

National

The Economy

Westpac research finds one in three homeowners want to sell their property

Seller confidence rebounds as buyer demand continues to surge. Research released from Westpac today shows more Australians are thinking about selling their home now than before the pandemic, with low interest rates, improved consumer sentiment and strong economic forecasts fuelling confidence in the housing market.

Pages

News Roundup

http://www.afr.com/real-estate/mirvac-pursues-more-house-and-land-in-brisbane-20170901-gy99jz

Mirvac pursues more house and land in Brisbane

Mirvac has acquired two more house and land development sites in Brisbane's north for $18.6m as it continues to expand its middle-density portfolio in Queensland.

The Australian Financial Review

https://www.realestatebusiness.com.au/breaking-news/16404-tinder-for-real-estate-agents-get-ready-to-swipe-right?utm_source=RealEstateBusiness&utm_campaign=04_09_17&utm_medium=email&utm_content=1

Tinder for real estate agents? Get ready to swipe right

A new Tinder-style leads app offers owners a private way to search for a desirable real estate agent, in their own time and at their own pace for free.

Real Estate Business

http://www.theaustralian.com.au/life/home-design/prestige-property/mansion-global-11bedroom-villa-in-dubai-uae/news-story/ce564ec16fe801714ab6492e8bc192bb

The ultimate Dubai party villa

This 11-bedroom villa has its own nightclub that can accommodate 200 people.

The Australian

http://www.afr.com/real-estate/residential/buildtorent-great-for-big-investors-good-for-overpriced-cities-20170831-gy89xv

Build-to-rent great for big investors, good for overpriced cities

it's time Australia establishes a build-to-rent sector, which provides long-term residential leases through an institutional landlord, an asset class which has been thriving in the US and Europe.

The Australian Financial Review

https://www.bloomberg.com/graphics/2017-kushners-china-deal-flop-was-part-of-much-bigger-hunt-for-cash/

Kushners’ China Deal Flop Was Part of Much Bigger Hunt for Cash

Jared Kushner's family real estate business owes hundreds of millions of dollars on a 41-story office building on Fifth Avenue, and has failed to secure new investors, despite an extensive search.

Bloomberg

https://sourceable.net/senate-inquiry-uncovers-scandalous-construction-con/

Senate Inquiry Uncovers Scandalous Construction Con

The Senate Inquiry into the construction industry’s use of dangerous and deadly building products has laid bare a lawless industry, firmly founded on fallacies.

Sourceable

http://www.theaustralian.com.au/news/nation/council-sells-out-religious-familys-home/news-story/d276d6aacae147db33f76cf166990f32?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=TodaySHeadlines

Tasmanian council sells rates-refusing family’s house

The house of a Tasmanian family that refuses to pay council rates on religious grounds has been sold to recoup $3,500 in unpaid rates.

The Australian

http://www.afr.com/real-estate/commercial/spring-in-the-bush-low-listing-volumes-put-rural-vendors-in-the-box-seats-20170901-gy8r9r

Low listing volumes put rural vendors in the box seats

Low listing volumes, strong demand from cashed-up farmers and corporate investors, and rising commodity prices are set to push up asking prices for rural trophy properties.

The Australian Financial Review