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John McGrath – What’s driving the rental market across Australia?

According to John McGrath founder and executive director of McGrath Estate Agents, the drivers of rental growth will remain in place for most of FY22.

Queensland (Qld)Brisbane

Featured Property

One-hectare Chandler estate for sale with every imaginable amenity, including 2 cinemas, 2 gyms and a gaming arcade – Place New Farm

The main residence features approx. 3,000sqm under roof, including a showcase garage for 35+ cars. For sale by Heath Williams of Place New Farm.

Queensland (Qld)Brisbane

Featured Property

‘One Glenny’: luxury riverfront apartment for sale - walking distance from Brisbane CBD - Place New Farm

Recently renovated, with a versatile floorplan, this Toowong boutique apartment is like living in a 6-star resort. For sale by Judy Goodger of Place New Farm.

New South Wales (NSW)

Featured Property

Bowral acreage with country Hamptons living - The Agency

For sale by Ben Olofsen and Cameron McKillop of The Agency, who told WILLIAMS MEDIA, “This is an absolutely stunning craftsman built country home.”

Victoria (Vic.)Melbourne

People

Get to know Mark Sproule of Kay & Burton

Mark Sproule brings over 25 years experience and local knowledge of Boroondara’s suburbs to his role as senior sales consultant at Kay & Burton Hawthorn.

Queensland (Qld)Brisbane

Featured Property

Elegant Kalinga home with resort style entertaining sold on day 5 – Place Ascot

Sold by Patrick McKinnon and Jill Wright of Place Ascot, who told WILLIAMS MEDIA, “The Brisbane market is extremely strong at the moment.”

National

The Economy

Demand surges for rent rolls off the back of pandemic

The increasing spread of Covid-19 throughout the major markets of Sydney, Melbourne and Brisbane has triggered a considerable increase in the demand for rent rolls.

Queensland (Qld)Sunshine Coast

People

When the franchise model just doesn’t make sense - Kass and Peter Livesey of Livesey Property Co

Kass and Peter Livesey of Sunshine Coast’s newest agency, Livesey Property Co in Tewantin said running their own agency would help them achieve their dreams.

National

The Economy

Record quarter for detached home construction in June - HIA

“Figures released by the ABS show the value of work done on detached houses surged in the June quarter to reach the highest level on record, exceeding the previous record set in March,” said Angela Lillicrap, HIA Economist.

Australian Capital Territory (ACT)Canberra

People

Industry veteran Peter Stumbles launches LJ Hooker Queanbeyan | Jerrabomberra | Googong

Industry veteran Peter Stumbles, who has been in real estate for more than 40 years, Jonathon Stumbles and Kellie Eagles led the agency’s transformation to LJ Hooker Queanbeyan | Jerrabomberra | Googong.

Pages

News Roundup

https://www.vice.com/en_au/article/9kn7gz/photos-showcase-the-rebirth-of-puerto-rico-after-hurricane-maria

Photos Showcase the Rebirth of Puerto Rico After Hurricane Maria

Ruben Natal-San Miguel, a former resident of Puerto Rico, made these photographs from December 9 to 26 2017 to investigate, document, and assess conditions after Hurricane Maria.

Vice

http://www.afr.com/real-estate/melbourne-sydney-homes-face-1in5-chance-of-price-correction-jp-morgan-20180129-h0pw85

Melbourne, Sydney homes face 1-in-5 chance of price correction: JP Morgan

Melbourne and Sydney housing prices face a near one-in-five risk of price correction after rising faster against wages than in other cities, says JP Morgan.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11880-report-finds-negative-gearing-is-not-driving-up-prices

Report finds negative gearing is not driving up prices

A new report by the Australian Housing and Urban Research Institute has found that negative gearing is not responsible for high home prices.

Mortgage Business

http://www.afr.com/real-estate/meritons-interest-claim-with-councils-denied-20180129-h0q0a4

Meriton's interest claim with councils denied

Apartment developer Meriton will not be paid interest on overpaid rate levies, the Land and Environment Court ruled on Monday.

The Australian Financial Review

https://sourceable.net/#

Queensland in No Rush to Ban Developer Political Donations

Lapsed laws to ban property developer donations to political parties in Queensland will be reintroduced within the next six months, but not immediately, Premier Annastacia Palaszczuk says.

Sourceable

https://www.thefifthestate.com.au/urbanism/planning/the-elephant-in-the-planning-scheme-how-cities-still-work-around-the-dominance-of-parking-space/97504

How cities still work around the dominance of parking space

Car parking is expected but often unnoticed, taking up surprisingly large proportions of city space.

The Fifth Estate

https://www.theaustralian.com.au/business/property/chinese-edict-sees-companies-offload-800m-in-property/news-story/aa90d7a05550a49f22c81eed4dc477ae

Chinese edict sees $800m sold

The Chinese government’s crackdown on debt-heavy companies led to $800 million of property sales in Australia this week.

The Australian

http://www.afr.com/real-estate/commercial/investment/cotton-lamb-avos-nuts-and-grapes-the-hot-rural-property-sectors-20171122-gzqhh2

The top rural property sectors

Australian farmland values are expected to rise for a fifth consecutive year in 2018 fuelled by low interest rates, rising commodity prices, favourable growing conditions and more profitable farmers looking to expand. Sectors like sheep, avocados, citrus fruits, nuts, mangos and table grapes are in high demand globally.

The Australian Financial Review