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Under the hammer suburb record - McGrath Forestville

A four-bedroom Northern Beaches home sold for $3.51 million, a record price Forestville. Sold by McGrath Forestville agents Karen Terry and Stephen Bock.

New South Wales (NSW)

Featured Property

Dual living residence with Terranora Inlet views sold by REAL Specialists

The 5-bedroom home in Tweed Heads South was sold by Kasey Pereira of REAL Specialists.

National

The Economy

John McGrath – Regional areas outperform cities: The top 10 hotspots

One of the enduring legacies of COVID will be that it opened so many Australians’ eyes to the amazing lifestyle options available right here at home, according to John McGrath founder and executive director of McGrath Estate Agents.

New South Wales (NSW)Sydney

Featured Property

Elegant French inspired family home with garden setting – The Agency

Close to Rose Bay and Vaucluse villages and the harbour foreshore, this refined residence is for sale by Ben Collier of The Agency.

Queensland (Qld)

Featured Property

Escape the suburbs to a private Great Barrier Reef Island for the price of a house

A Whitsundays escape lifestyle is up for sale through Deborah Cullen and Richard Royle of Cullen Royle, in conjunction with Pat O'Driscoll of Knight Frank Rockhampton

New South Wales (NSW)Sydney

Featured Property

Freestanding Queen Street terrace with a creative history - The Agency

Delivering timeless grandeur and privacy, this classic Woollahra home is for sale through Ben Collier of The Agency.

Victoria (Vic.)

Featured Property

Regional record for Victorian High Country lifestyle property Hayfield Rise sold - McGrath

The much-lauded 'Hayfield Rise' in Victoria’s south-east has been sold by McGrath Mansfield principal, Kate McDougall, creating a regional price record for a property under 50 acres.

Queensland (Qld)Brisbane

Featured Property

Hamilton Hill home with breathtaking Brisbane views - Place

Designed by Chris Clout, the home's city and river views can be enjoyed across the many living and entertaining spaces. For sale by Patrick McKinnon of Place Ascot.

Queensland (Qld)Brisbane

Featured Property

Bulimba Queenslander with international appeal – Place

For sale by Charmaine McDonald and Sarah Hackett of Place Bulimba who told WILLIAMS MEDIA that potential buyers have flown in from Sydney just to view the home.

Queensland (Qld)Brisbane

Featured Property

Brand new entertainer in the heart of Hawthorne - Place

With luxe New York-inspired interiors and rooftop terrace, the Brisbane home is ideal for gatherings. For sale by Sarah Hackett of Place Bulimba.

Pages

News Roundup

https://www.smartpropertyinvestment.com.au/news/17028-apra-keen-to-step-back-from-investor-lending-restrictions?utm_source=SmartPropertyInvestment&utm_campaign=26_10_17&utm_medium=email&utm_content=1

APRA keen to 'step back from' investor lending restrictions

Restrictions placed on investors were only meant to be “temporary”, says APRA’s chairman.

Smart Property Investment

http://www.abc.net.au/news/2017-10-25/sydney-rent-regulations-could-be-changed-under-nsw-labor-plan/9084666

Sydney rent: NSW Opposition wants overhaul of tenancy laws

Kirsty's landlords had every right to kick the mother of three out of her Sydney property for no reason last Christmas, but the rules allowing such evictions might soon change.

ABC

https://sourceable.net/how-safe-are-external-cladding-products-and-can-the-building-code-catch-up/

How Safe Are External Cladding Products?

And Can the Building Code Catch Up?

Sourceable

https://www.mortgagebusiness.com.au/breaking-news/11615-household-debt-now-at-2-trillion-in-debt-treasury

Household debt now at $2 trillion: Treasury

Secretary to the Treasury John Fraser says households hold $12 trillion in assets and that most of the debt belongs to wealthier Australians who are “best positioned” to service it.

Mortgage Business

https://sourceable.net/building-contracts-important-things-to-look-out-for/

Building Contracts – Important Things to Look Out For

If you are about to enter into, or have already entered into, a building contract for a residential building, there are some critical things to look out for.

Sourceable

http://www.afr.com/real-estate/lacrosse-building-owners-have-to-replace-cladding-before-case-starts-20171024-gz7f34

Who will pay Lacrosse cladding bill?

A case that will determine who has to pay to replace the cladding on Melbourne's Lacrosse building will only start in September next year, two months after the deadline set by authorities to fix the problem.

The Australian Financial Review

http://www.afr.com/real-estate/kpmg-challenges-frasers-propertys-claims-on-the-impact-of-rate-rises-20171023-gz6gok

Don't worry about rate rises causing recession: KPMG

Predictions by one of Australia's largest property developers that a 150 basis point rise in the mortgage market would trigger a recession have been challenged by KPMG.

The Australian Financial Review

https://thewest.com.au/lifestyle/real-estate/blue-chip-suburbs-continue-to-get-cheaper-ng-b88637064z

WA: Blue chip suburbs continue to get cheaper

Recent data from the REIWA showed median house prices across Perth’s million dollar suburbs have dropped significantly in the past few years.

The West Australian