The Real Estate Conversation

Contact

New South Wales (NSW)Sydney

Design

Architecture and design awards won by Arc by Crown Group

Two prestigious industry awards have been won by Arc by Crown Group for its iconic residnetial and hotel development.

Queensland (Qld)Sunshine Coast

Featured Property

Palatial Noosa Waters pavilion home sells in 1 day

Sold by Darren Neal and Adrian Reed of Reed & Co. Estate Agents, who told WILLIAMS MEDIA, “The energy is electric in the prestige end of the market at the moment."

Victoria (Vic.)Melbourne

The Economy

Increased interest in St Kilda Road residential development as it nears completion

Melbourne-based developer The Shakespeare Group has announced the topping out of its landmark $150 million St Boulevard development on St Kilda Rd.

Victoria (Vic.)Melbourne

The Economy

Sale of historic home for the first time in 40 years

Victorian mansion Ascot House, former home of Melbourne's Lord Mayor, has hit the market through CBRE

Victoria (Vic.)

People

House warming for real estate team's new home

RE/MAX ACPA has moved house and everyone is celebrating.

Queensland (Qld)Sunshine Coast

Featured Property

'Villa Asmara’: Bali-inspired luxury retreat

One of Queensland’s most amazing properties, this resort-style home is nestled within multi-award winning tropical gardens. For sale by Craig Porter of LJ Hooker Mooloolaba.

Australian Capital Territory (ACT)Victoria (Vic.)

The Economy

Could Canberra hold the secret to successful decentralisation?

It often gets a bad rap, but Canberra could hold the secrets to planning for Australia’s growing population and successfully decentralising our major cities, researchers say.

Victoria (Vic.)

The Economy

The future for Victoria is one of growth

The latest projections from the Victoria in Future 2019 report show Victoria’ population growing by an average of 125,000 people per year.

National

The Economy

Auction volumes and clearance rates steady in capital cities

Agents were busy across the country last week as steady volumes of properties up for auction gave similar results, says CoreLogic.

Queensland (Qld)Brisbane

Construction

Luxury reaches new heights in Brisbane

Brisbane Skytower's 'The Horizon Collection' has been released to the market by KnightFrank's Jason March and Murray Wood.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/lack-of-new-stock-overshadows-strong-clearance-rates/news-story/4b0e5dd84ec34ad01aadafa827bd295b

Lack of new stock overshadows strong clearance rates

The national property market’s auction clearance rate is being maintained at strong levels, but the lack of new housing coming online is holding back potential buyers.

The Australian

http://www.afr.com/real-estate/jamie-mcintyre-capitulates-and-accepts-10year-ban-20161017-gs42jw

Jamie McIntyre 'capitulates' and accepts 10-year ban

21st Century Group CEO Jamie McIntyre and and his brother have accepted 10-year bans from managing corporations or offering financial services.

The Australian Financial Review

http://www.afr.com/business/construction/huxley-homes-buy-13-years-ago-sowed-seeds-of-day-destruction-20161017-gs43x8

Huxley Homes buy 13 years ago sowed seeds of Day destruction

An acquisition 13 years ago of NSW home builder Huxley Homes, a management structure which led to a string of complaints, and donations to the Family First party brought the house of Day down.

The Australian Financial Review

http://www.theaustralian.com.au/business/business-spectator/commentary/apartment-oversupply-problem-worse-than-reserve-bank-is-saying/news-story/38552547cb88e76e3a7f516f8674901a

Apartment oversupply problem worse than Reserve Bank is saying

Last May CoreLogic estimated the number of apartments due for completion in the Brisbane-Melbourne-Sydney market in the following two years (ie to April 2018) was over 200,000, more than five times the RBA's estimate.

The Australian Financial Review

http://www.theaustralian.com.au/business/financial-services/units-boom-to-trigger-defaults-and-price-falls-warns-rba/news-story/56419f1d8d31226431b3103c78df0a40

Units boom to trigger defaults and price falls, warns RBA

The RBA has warned the massive number of new apartment blocks approaching completion could send some developers broke and leave the banks with losses, as falling prices and difficulty obtaining finance cause buyers to default.

The Australian

http://www.domain.com.au/news/new-apartments-in-sydney-sell-like-hotcakes-despite-rbas-glut-warning-20161016-gs3llr/

Apartment sales soar despite RBA's glut warning

New apartment sales in Sydney soared on the weekend despite the RBA's warning on Friday of the risk of a glut in Sydney, Brisbane and Melbourne.

Domain

http://www.abc.net.au/news/2016-10-16/inquiry-finds-nsw-homeowners-should-be-allowed-to-lease-rooms/7936984

Airbnb set to benefit from accommodation inquiry

All NSW home owners should be allowed to use online house-sharing websites to let rooms to holiday-makers and tourists without being fined, a NSW parliamentary inquiry has found.

ABC

http://www.domain.com.au/news/elthams-one-of-a-kind-kevin-borlanddesigned-rice-house-for-sale-20161014-grzrl1/

Eltham's Kevin Borland-designed Rice House for sale

The Rice House, a unique, heritage-listed, mid-century building in Eltham, is on the market.

Domain