The Real Estate Conversation

Contact

Skilled trades in high demand in the March 2021 quarter - HIA

The HIA Trades Report was released today. The HIA Trades Availability Index recorded a level of -0.55 in the March 2021 quarter, down from -0.35 in the December 2020 quarter.

National

The Economy

Budget a win for First Home Buyers and Women REIA

Real Estate Institute of Australia (REIA) has welcomed the 2021 Federal Government’s budget saying it’s a win for women and first home buyers closing in on their deposit gap.

National Australian Capital Territory (ACT)Canberra New South Wales (NSW)Sydney Queensland (Qld)Brisbane Victoria (Vic.)Melbourne

The Economy

John McGrath – Price growth continues but pace slows

The market remains strong, however there are signs that suggest we may be passed the peak, according to John McGrath founder and executive director of McGrath Estate Agents.

New South Wales (NSW)Sydney

Featured Property

Former quarry transformed into private architectural sanctuary – The Agency

One of the only fully new builds in the Queens Park Heritage zone, this urban oasis delivers high tech, low maintenance living. For sale by Ben Collier and Edward Reid of The Agency.

Queensland (Qld)Brisbane

Featured Property

Clayfield home with award winning minimalist design - Ray White

This award winning home by respected architect James Russell is at one with its secluded surroundings. For sale by Christine Rudolph of Ray White New Farm.

Queensland (Qld)Brisbane

Featured Property

Suburb record for Greenslopes heritage home with city views - Place

Sold by Sarah Hackett of Place Bulimba, who told WILLIAMS MEDIA, “We are experiencing the best market Brisbane has experienced in over a decade.”

Queensland (Qld)Brisbane

Featured Property

Place Ascot sells character Queenslander for $2 million in 1 day

Sold off-market by Patrick McKinnon of Place Ascot, who told WILLIAMS MEDIA the number of off-market sales has increased significantly in the last quarter.

National

The Economy

CoreLogic: Australian housing market surpasses $8 trillion valuation

CoreLogic today announced its estimate of the total value of residential real estate in Australia has reached $8.1 trillion.

National Queensland (Qld)

People

Gold Coast glamour sells for $2.7 million

A luxurious property in one of Queensland’s most affluent areas has sold via online auction for $2.7 million, after sitting idle on the market for several years.

People

The creation of REAL Specialists

Jared and Shallain Hodge embarked on a new journey when they realised the old franchise model was dead.

Pages

News Roundup

http://www.latimes.com/business/la-fi-retail-housing-20170929-story.html#nws=mcnewsletter

Dying shopping malls can make room for new condos and apartments

The demise of retail centres across the US provides one of the best chances to add needed housing in California’s urban regions.

LA Times

https://www.smartpropertyinvestment.com.au/news/16916-no-evidence-chinese-buyers-are-driving-up-housing-prices?utm_source=SmartPropertyInvestment&utm_campaign=09_10_17&utm_medium=email&utm_content=2

‘No evidence’ Chinese buyers are driving up housing prices

Despite the public perception that Chinese buyers are pushing up housing prices, there’s “no evidence” of this, according to a new report from China research group, Cross Border Management.

Smart Property Investment

http://www.abc.net.au/news/2017-10-08/inner-city-retirement-high-rises-increasing-perth/9024936

'Like living on a cruise ship': WA retirement villages enter a new generation

A projected shortage of retirement village units over the next decade has left those in the industry scrambling to catch up, as discerning seniors demand ever more sophisticated facilities at their new homes.

ABC

http://www.smh.com.au/business/property/the-8b-exodus-sydney-home-owners-are-selling-up-and-queensland-is-the-big-winner-20171005-gyvdco.html

The $8 billion Sydney exodus

Sydney home owners are selling up and Queensland is the big winner

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/the-downside-of-purplebricks-12000-fee-house-still-for-sale-20171005-gyuple

The downside of Purplebricks: $12,000 fee, house still for sale

When Kerryn Lehmann decided to sell her Sydney home through Purplebricks, she thought she'd save thousands in commission, but she hasn't sold her house and has been left with a $12,000 bill.

The Australian Financial Review

https://www.dezeen.com/2017/10/05/neave-brown-interview-high-rise-buildings-only-for-very-rich-social-housing/?utm_medium=email&utm_campaign=Dezeen%20Mail%20538&utm_content=Dezeen%20Mail%20538%20Version%20A%20CID_1727bdb18744c26781ddd4023256eee7&utm_source=Dezeen%20Mail&utm_term=Read%20the%20interview

High-rise buildings should only be used to house the very rich, says Neave Brown

Tower blocks like Grenfell should never have been built, says 2018 Royal Gold Medallist Neave Brown, who believes high-rise housing ostracises council tenants.

Dezeen

https://theconversation.com/vital-signs-the-data-is-mixed-but-worrying-signs-from-mortgagees-85035

Vital Signs: the data is mixed but worrying signs from mortgagees

In the US leading up to 2008, many borrowers with adjustable-rate mortgages didn’t realise the rates ratcheted up sharply after a period.

The Conversation

https://sourceable.net/australia-must-improve-waterproofing-standards-practices/

Australia Must Improve Waterproofing Standards and Practices

Australian waterproofing standards and practices lag those in the UK and the US, says Paul Evans, President of the Australian Institute of Waterproofing.

Sourceable