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HomeBuilder change to support delivery of homes: HIA

Today’s announcement by the Assistant Treasurer and Minister for Housing, Michael Sukkar, that the HomeBuilder commencement time will be extended to 18 months is extremely welcome news for the housing industry, the economy and for those embracing the HomeBuilder grant.

National

The Economy

John McGrath – Positive cash flow investing widely available

Property investors have an unprecedented opportunity to buy positively geared or ‘cash flow’ investments across Australia, according to John McGrath founder and executive director of McGrath Estate Agents.

New South Wales (NSW)

Featured Property

Elevated family home with leafy outlook – REAL Specialists

Offering two levels of comfortable living and dual-living potential, this Banora Point home is for sale via Corey Moret of REAL Specialists.

Queensland (Qld)Brisbane

Featured Property

'Magnolia': beautiful Greenslopes Queenslander and gardens - Place

With a masterfully redesigned floorplan promising an unmatched lifestyle, Magnolia's resort style is ideal for year-round entertaining. For sale by Denis Najzar of Place Woolloongabba.

New South Wales (NSW)Sydney

Featured Property

Woollahra Village sandstone cottage with architectural redesign - The Agency

For sale by Ben Collier of The Agency, who told WILLIAMS MEDIA, "The market has always responded well to this house."

Queensland (Qld)Brisbane

Featured Property

Grand hilltop residence with Brisbane City views - Place

This bespoke Camp Hill residence offers Hollywood-inspired glamour with the perfect space for any occasion. For sale by Denis Najzar and James Curtain of Place.

Victoria (Vic.)Melbourne

People

Get to know Eleisha Doherty of Kay & Burton

Eleisha's real estate success has been underpinned by her extensive networks built over decades of community engagement and 'lifetime' clients who repeatedly seek out her services.

Victoria (Vic.)Melbourne

People

How ‘Keep Calm All Sorted’ adds value to the sale of a home

Whether it be a single room, kitchen, garage, or wardrobe, decluttering and reorganising any space in your home is the specialty of Keep Calm All Sorted, who tailor each job to individual needs.

Victoria (Vic.)Melbourne

The Economy

Metro houses cross the million mark - REIV

The median house price in Victoria has recorded its one of its largest quarterly increases, according to data from Real Estate Institute of Victoria’s quarterly March report.

Queensland (Qld)Brisbane

Featured Property

Opera | South Brisbane apartment offers ideal inner city lifestyle - Sotheby's

Walk to landmark museums, galleries, libraries, entertainment venues, leisure precincts and over 275 restaurants, cafes and bars. South Brisbane apartment for sale by Michael Vettoretto of Queensland Sotheby’s International Realty.

Pages

News Roundup

https://sourceable.net/australias-retirement-village-industry-siege/

Australia’s Retirement Village Industry Under Siege

Are consumer protections in the retirement village industry adequate?

Sourceable

http://www.afr.com/real-estate/a-domestic-glimpse-into-the-reclusive-state-north-korean-apartment-anyone-20170907-gycv4e

North Korean apartment anyone?

A South Korean exhibition offering a glimpse into the life of the reclusive North has opened in Seoul. The exhibition contains a replica of a middle-class home in Pyongyang, where the property market is booming, despite UN sanctions over its weapons programs.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11511-lending-curbs-a-case-of-too-little-too-late

Debt control: too little, too late?

Fresh warnings from the Reserve Bank of Australia about the nation’s love affair with debt suggest that the problem originated years before lenders felt the long arm of APRA.

Mortgage Business

http://www.theaustralian.com.au/business/property/brisbane-offtheplan-unit-losses-affirm-rba-fears/news-story/28561fcd6bbd461baf3387fe22b422f3

Brisbane apartment prices in freefall

Apartments bought off the plan at the start of Brisbane’s unprecedented unit-construction wave are selling at losses of up to 36%

The Australian Financial Review

http://www.theaustralian.com.au/business/property/not-enough-profit-in-build-to-rent-triguboff/news-story/75ad62b665f73bd879cadc613d7bb242

Triguboff: Not enough profit in build to rent

Apartment tsar Harry Triguboff believes China’s government will not be able to forever clamp down on offshore investing by its citizens and lambasted the efforts of major listed groups to enter the build-to-rent sector in Australia.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11512-anz-tips-two-cash-rate-hikes-next-year

ANZ tips two cash rate hikes next year

The major bank is confident that the cash rate will be lifted by 50 basis points next year, reversing the rate cuts of 2016.

Mortgage Business

http://www.afr.com/real-estate/residential/real-estate-agents-go-purplebricks-as-market-cools-20170922-gymnvh

Real estate agents go 'Purplebricks' as market cools

Agent Joshua Singer has sold 35 properties since joining Purplebricks in January from traditional agency Century 21.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2017/09/20/house-prices-australia-overvalued/

Analysis shows houses overvalued in Sydney, Melbourne

House prices in Australia’s two biggest capital cities are between 25-30% overvalued, says Paul Dales from Capital Economics, but he only expects a 10% fall.

The New Daily