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New offices in Mollymook and Ulladulla for McGrath

Coastal markets in NSW will benefit from two new McGrath offices McGrath Mollymook and McGrath Ulladulla led by Andrea and Rodney Tucker.

Queensland (Qld)Brisbane

Construction

Milestone reached for $2.1 billion Brisbane Eagle St Pier development

Dexus and the Queensland Government have signed a facilitation agreement on a proposed $2.1 billion Waterfront Brisbane concept masterplan at Eagle St Pier.

National

The Economy

Brighter future for home lending in 2020 predicted

The volume of loans relating to new homes has reached its highest level since August of last year, according to Master Builders Australia.

Queensland (Qld)Brisbane

The Economy

Next step for realisation of Brisbane Live precinct

The Queensland government is looking for the best concepts to design and build a large arena.

Queensland (Qld)Victoria (Vic.)

The Economy

Tenancy disputes to escalate over rent reforms: REBAA

The Real Estate Buyers Agents Association (REBAA) has called out the new rent reforms in Queensland and Victoria, saying there were too many 'shades of grey'.

Queensland (Qld)Brisbane

Featured Property

Brand new Hamptons-style McCarthy home

This beautiful two-level home offers a convenient, high end family lifestyle with multiple living areas. For sale by Alex Surti and Malcolm Li of Queensland Sotheby’s International Realty Gold Coast.

Queensland (Qld)

Featured Property

Hayman Estates ultimate sophisticated luxury retreat

“This is your Zen-like, dream holiday island retreat.” For sale by Carol Carter of Queensland Sotheby’s International Realty - Gold Coast.

New South Wales (NSW)

Featured Property

Blue Mountains landmark Victorian Manor: 'Bunda House’

For sale by Darren Curtis of Ken Jacobs Christies International Double Bay, who told WILLIAMS MEDIA “The Bunda House is quite unlike anything else I have seen, ever.”

National

The Economy

Slow down in auctions as Christmas draws near

The final week of auction reporting for the year by CoreLogic sees the clearance rate drop below 70 per cent.

International

The Economy

Beverley Hillbillies mansion sold for $150 million

The sale of Chartwell Mansion to Newscorp's Lachlan Murdoch is a real estate record and includes manicured gardens, fountains, a tennis court and a 75-foot 'ce-ment pond'.

Pages

News Roundup

http://www.afr.com/real-estate/property-lenders-hike-rates-by-60-basis-points-20161122-gsvco9

Property lenders hike rates by 60 basis points

Lenders are raising the cost of buying property by up to 60 basis points reflecting the "Trump effect", growing expectations central bankers will end the era of record low rates.

The Australian Financial Review

http://www.smh.com.au/interactive/2016/sydney2026/chapter3.html

The new airport

More than a year after being handed a deadline to leave, about 20 leaseholders on the land designated for the airport are refusing to move.

The Sydney Morning Herald

http://www.smh.com.au/business/property/john-mcgrath-shares-property-pain-20161123-gsvy36.html

John McGrath shares property 'pain'

John McGrath has vowed to stick with listed company bearing his name, telling investors he "shares the pain" of the struggling agent's performance.

The Sydney Morning Herald

http://www.domain.com.au/news/sydney-property-owners-subdividing-blocks-and-selling-vacant-sites-to-take-advantage-of-property-market-20161121-gsujx8/

Sydney property owners subdividing blocks, selling vacant sites

A tennis court and pool in Sydney’s northern beaches is on the market with a price guide of $4 million, as owners look to make the most of the hot property market.

Domain

http://www.afr.com/news/melbourne-must-limit-sprawl-to-protect-farm-land-20161123-gsvnkw

Melbourne must limit sprawl to protect farm land

Melbourne and its surrounds can continue to provide food for a population of 7-8 million only if Melburnians accept a hard urban boundary and higher population density, report says.

The Australian Financial Review

http://www.smh.com.au/interactive/2016/sydney2026/chapter5.html

Our green spaces

A “green grid” is proposed for Sydney, and will include converting golf courses into public parks, and retro-fitting cooling systems.

The Sydney Morning Herald

http://www.theaustralian.com.au/news/nation/housing-developer-plans-will-just-drive-up-prices/news-story/00e7b67389634d4d3bc39195ba6d9574

Housing developer plans ‘will just drive up prices’

Plans to demand developers hand over up to 10% of new units for affordable housing will make housing more expensive.

The Australian

http://www.afr.com/business/banking-and-finance/financial-services/credit-rating-agency-questions-the-rise-of-lending-algorithms-20161122-gsuwjy

Credit rating agency questions the rise of lending algorithms

Rating agency experts doubt the ability of computers to fully assess credit risk.