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The Economy

How COVID-19 has impacted the rental market

A landlord’s guide to where we’re at. Maria Carlino of The Agency.

New South Wales (NSW)

Featured Property

REAL Specialists: Kingscliff beachside oasis sale a street record of $1.865m

Sold by Shaun Cardillo of REAL Specialists, who told WILLIAMS MEDIA, “Buyer demand for high-end stock continues to remain strong”.

Victoria (Vic.)Melbourne

Featured Property

Centurian sub-penthouse apartment with stunning panoramic views

Featuring 180-degree views and 4 car garaging, as well as access to resort style facilities and concierge, this Southbank skyhome is for sale via Michael Paproth and Emily Adams of The Agency.

People

Andrew Parr on longevity in architectural design

"Every project, every client is a new beginning and new experience." Andrew Parr SJB

Victoria (Vic.)Melbourne

People

Get to know Adrian Wood, Property Partner with The Agency

“Human beings generally are aspirational and aspire to the next level.”

Victoria (Vic.)

Featured Property

Red Hill Weekender with scenic Western Port views sold in 10 days

Sold by Meg Pell and Tom Barr Smith of Kay & Burton, who told WILLIAMS MEDIA, "As well as many buyers making a permanent move, some are reviewing future travel plans and opting for a weekender for the next few years."

Queensland (Qld)Brisbane

Featured Property

Full floor Kangaroo Point residence commanding Brisbane City and River views sold by Place

Sold by Simon Caulfield and Courtney Maguire of Place Kangaroo Point.

Queensland (Qld)Brisbane

Featured Property

Como elegantly perched overlooking Yeronga

This substantial 1889 Brisbane residence is steeped in history. For sale by Tyson Clarke of Queensland Sotheby's International Realty.

Queensland (Qld)Gold Coast

Featured Property

Cronin Island riverfront masterpiece sold for $12.45m

Sold by Ryan Ward and Michael Kollosche of Kollosche, who told WILLIAMS MEDIA, “We are seeing a strong demand for prestige property on the Gold Coast.”

New South Wales (NSW)

People

New office in the Illawarra opened by McGrath

The latest expansion for McGrath Estate Agents has seen a new office open in Thirroul welcoming new agents Vanessa Denison-Pender and Jeremy Hodder.

Pages

News Roundup

https://www.commercialrealestate.com.au/news/new-elevators-will-help-australian-cities-reach-new-heights/

New elevators will help Australian cities reach new heights

Four large companies are competing in a race that could completely change the way tall buildings look.

Commercial Real Estate

https://www.domain.com.au/news/how-the-rise-of-multigenerational-living-is-changing-the-way-we-build-housing-20170428-gvv1rh/

How the rise of multigenerational living is changing the way we build housing

With Australia in the grips of a housing affordability crisis, home dwellers are looking to different ways of cohabiting.

Domain

http://www.afr.com/personal-finance/record-numbers-under-mortgage-stress-20170501-gvw2vt

Record numbers under mortgage stress

Large loans and rising interest rates are starting to bite.

The Australian Financial Review

http://www.afr.com/real-estate/foreign-home-buyers-expected-to-more-than-halve-this-year-from-40000-to-15000-20170427-gvucka?login_token=ZsrActhxjsfdf3-mjPlSZm4Lt7he6DAcB4Ta5OARwsdzafJcYn8r1rHHwEcG8c6j-f-glQFF5wFdYsSc7Wc7bg&expiry=1493463678&single_use_token=O-_YCN5fVa9QNf5SsKJRFNAQIJTNXU5hAUdRc_aSYk89UT1ahSYkwSI4Aw9V6VHL3VxA7z3UYihamUt4cAh6dw

Foreign home buyers expected to more than halve this year

The number of foreign investment applications for residential housing is falling from from 40,000 last year to an expected 15,000 this year according to Treasury analysis.

The Australian Financial Review

https://www.dezeen.com/2017/04/27/ikea-unhcr-refugee-better-shelter-redesign-safety-fears-flaws/?utm_medium=email&utm_campaign=Daily%20Dezeen%20Digest&utm_content=Daily%20Dezeen%20Digest%20CID_96a37039194b5ea9220b49a49598ab64&utm_source=Dezeen%20Mail&utm_term=award-winning%20refugee%20shelters%20has%20been%20put%20on%20hold

IKEA refugee shelter to be redesigned following safety fears and design flaws

Deployment of IKEA's award-winning refugee shelter was put on hold due to concerns over design issues including accessibility and fire risk.

Dezeen

https://www.domain.com.au/news/controversial-us-rentbidding-startup-rentberry-to-launch-in-australia-tenant-unions-slam-the-idea-20170401-gvbmmy/

US ‘rent-bidding’ start-up Rentberry to launch in Australia

A controversial Silicon Valley start-up that lets tenants bid against each other for rental properties will launch in Australia this year, amid fears it will jack Aussie rents higher.

Domain

http://www.mansionglobal.com/articles/61320-at-long-last-celine-dion-finds-buyer-for-jupiter-island-estate?mod=mansion_global_articles_en_wsj_home

At Long Last, Celine Dion Finds Buyer for Jupiter Island Estate

The sale that went “on and on” will close after getting a $33.5m price cut.

Mansion Global

http://www.theaustralian.com.au/opinion/columnists/housing-affordability-crisis-a-moan-by-privileged-millennials/news-story/68b289e9127fdecfe185e45a6de4c768

Housing affordability crisis a moan by privileged millennials

Houses are expensive, are they? Oh snowflakes, cry me a river.

The Australian