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Street record for ‘completely perfect’ Taringa home

Sold by Matt Lancashire and Patrick Goldsworthy of Ray White New Farm, who told WILLIAMS MEDIA,“It’s becoming harder and harder to find such a significant landholding that close to the CBD.”

National

Politics

Apprentices benefit from JobTrainer package says HIA

Graham Wolfe of the Housing Industry Association (HIA) welcomes the $2 billion JobTrainer package from the Federal Government.

Politics

Foreign Investment rules change for property investors

If you’re a foreign buyer looking to purchase a residential property in Australia, these are the changes you will need to know, according to Daniel Ward of Knight Frank.

National

The Economy

Clearance rates and auction volumes drop for June quarter: CoreLogic

The latest quarterly drop in auction results released by CoreLogic came as no surprise as the nation faced some of the greatest disruptions to usual business practices during this period.

National

The Economy

Buyers looking for bargains in country towns: ME Property Report

Young first home buyers look for COVID-19 bargains including in country towns, according to the latest ME Quarterly Property Sentiment Report.

International

Construction

Mandalika: The Indonesian myth soon to be a reality

Invest Islands co-founder Kevin Deisser talks to WILLIAMS MEDIA about what could be the Indonesian Government's most ambitious development to date.

Victoria (Vic.)Melbourne

Politics

Moving house in restricted areas in Victoria is permitted

The Victorian State Government has confirmed people are able to move house in and out of the restricted areas.

National

People

Real Estate Institutes honour property managers

'Unsung heroes' of the pandemic to be celebrated at National Property Managers Day, says REIA president Adrian Kelly.

National

Construction

Increase in new home sales in response to HomeBuilder

An increase in new home sales by 77.6 per cent in June, is a direct result of HomeBuilder, according to Tim Reardon, HIA.

National

People

$1 billion in property sales achieved by Openn Negotiation

Tech platform Openn Negotiation has reached a major milestone of $1 billion property sales through their online auction site.

Pages

News Roundup

http://www.smh.com.au/business/the-economy/why-we-need-to-worry-about-the-level-of-australian-household-debt-20170407-gvfwel.html

Why we need to worry about the level of Australian household debt

The balance sheets of Australian households with a mortgage are dangerously exposed to any fall in house prices.

The Sydney Morning Herald

http://www.afr.com/personal-finance/blue-chip-borrowers-offered-big-incentives-20170405-gve67s

Blue chip borrowers offered big incentives

Lenders may be cracking down on some borrowers but they're falling over themselves to woo customers they see as a safe bet.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/blocked-beijing-buyers-to-look-to-australia/news-story/dfff57c2b78ade04313dc1fb18af62e9

Blocked Beijing buyers ‘to look to Australia’

Beijing’s moves to dampen speculation in its overheated housing market will stoke the flames of Sydney and Melbourne’s seemingly unstoppable housing prices, says former Macquarie boss Bill Moss.

The Australian

https://www.domain.com.au/news/rag-trader-malcolm-webster-sells-darling-point-terrace-for-about-48-million-20170406-gvero7/

Rag trader sells Darling Point terrace for $4.8m

Malcolm Webster has sold his Darling Point terrace ahead of its scheduled auction, bringing his extensive Sydney real estate holdings to an end, following the decision to place his brands David Lawrence and Marcs into voluntary administration.

Domain

http://www.afr.com/business/banking-and-finance/financial-services/fitch-moodys-sp-alert-but-not-alarmed-by-housing-20170405-gveogu

Fitch, Moody's, S&P alert but not alarmed by housing

The world's biggest credit ratings agencies acknowledge the rising threat Australia's unbalanced property market poses for the economy, but are content to watch for further signs of trouble before ringing the alarm.

The Australian Financial Review

https://www.wsj.com/articles/farm-to-condo-movement-stakes-its-claim-to-brooklyn-rooftop-1491391801

Farm-to-Condo Movement Stakes Its Claim to Brooklyn Rooftop

It was only a matter of time before the farm-to-table movement merged with the Brooklyn condominium boom.

The Wall Street Journal

http://www.afr.com/real-estate/36000-property-portfolios-risk-income-shortfall-20170405-gve58l

One in three Sydney landlords risk income shortfall

Falling rents or loss of tenants could seriously jeopardise the financial viability of nearly 36,000 property investment portfolios around the country.

The Australian Financial Review

http://www.abc.net.au/news/2017-04-05/who-is-to-blame-if-people-are-in-too-much-debt/8418474

Who is to blame if people end up in financial strife after taking out a home loan?

Is it the bank, or the Government, or should people take responsibility for their own money problems?

ABC