The Real Estate Conversation

Contact

Get to know Joanne Murphy of Brisbane Choice Realty

Joanne draws on her experience in sales and property management in the USA, focusing on the inner-north suburbs of Brisbane.

National

The Economy

CoreLogic: National rents record highest annual growth in over a decade

CoreLogic’s Rental Review for the June 2021 quarter shows despite rental growth slowing over recent months, the latest figures take national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009.

Western Australia (WA)Perth

The Economy

Perth vacancy rate increases to 10 month high in June - REIWA

The Perth vacancy rate increased to 1.2 per cent in June 2021, the highest-level Perth has seen since August 2020.

National

The Economy

John McGrath – Investors replacing first home buyers

Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out.

Queensland (Qld)Brisbane

Featured Property

Architectural Bardon home with sweeping views - Place West

This multi-level residence presents outstanding lifestyle appeal in a quiet, elevated location. For sale by Sacha Hennessy of Place West.

Victoria (Vic.)Melbourne

People

Gardenridge director Don Thomson: designing and building gardens fulfills 'a creative spirit'

Award winning landscape company Gardenridge designs well-considered, well-built, and well-cared for gardens in Melbourne.

New South Wales (NSW)Sydney

Featured Property

Neutral Bay Federation Semi sold for first time in 20 years – The Agency

Sold by Dino Gatti and Adrian Garcia of The Agency for “well above” the top end of price guide range of $5.5m.

Queensland (Qld)Brisbane

Featured Property

Wooloowin contemporary sanctuary sold by Place

The family friendly home designed by Profile Architecture was sold by Patrick McKinnon and Jill Wright of Place Ascot for an undisclosed price.

Queensland (Qld)Brisbane

Featured Property

Sotheby’s sells Brisbane futurist home for $1.3m

The 4-bedroom home was sold after a competitive auction through Michael Vettoretto of Queensland Sotheby’s International Realty.

Victoria (Vic.)Melbourne

The Economy

Historic house prices for regional Victoria; Melbourne holds the line - REIV

The median house price in metropolitan Melbourne is $1,010,000 and $559,500 in regional Victoria, according to data released today from the Real Estate Institute of Victoria.

Pages

News Roundup

http://www.afr.com/real-estate/the-amazon-effect-supersizes-warehouses-20171203-gzxwqj

The Amazon effect supersizes warehouses

As more money is spent online, real estate developers are sinking record amounts of money into new warehouse space, building bigger, taller structures.

The Australian Financial Review

https://www.zillow.com/blog/the-untold-story-of-elf-tiny-homes-222721/

The Untold Story of Tiny Homes, Straight From the North Pole

The secret of how Santa's toymakers became the trendsetters behind some of our most popular styles.

Zillow Torchlight

http://www.afr.com/opinion/coworking-spaces-attract-big-companies-as-well-as-startups-20171203-gzxz79

Coworking spaces attract big companies as well as start-ups

WeWork, the shared office outfit, has grown from a single building in Manhattan in 2010 into a hipster hot-desking behemoth with more than 170 sites in 19 countries and 58 cities, from Beijing to Bogotá.

The Australian Financial Review

http://thenewdaily.com.au/news/national/2017/12/01/754545/

‘Amateur investors’ are raising the risk of housing market collapse: report

Australia is at risk of a home price crash because it has a high number of mum and dad property investors, inflated prices, record household debt and an economy losing momentum, says hedge fund Watermark Funds Management.

The New Daily

http://www.afr.com/real-estate/edgecliff-apartment-block-eynesbury-sold-for-33-million-20171130-gzwl4y

Edgecliff apartment block Eynesbury sold for $33

A private local investor has snapped up a block of apartments at 22 Albert Street in the popular eastern Sydney suburb of Edgecliff for $33.25m.

The Australian Financial Review

http://www.theaustralian.com.au/life/home-design/prestige-property/geelong-home-market-heats-up-as-couples-escape-melbourne/news-story/d33485977247651d469f8a0e19e4a519

Geelong home market heats up as couples escape Melbourne

Geelong was the seventh-highest region for capital gains in the year to October, with 14.7% growth in dwelling values.

The Australian

http://www.afr.com/real-estate/residential/vic/melbourne-land-price-surge-puts-affordability-under-pressure-20171130-gzwi4g

Melbourne land price surge puts affordability under pressure

Melbourne's long-held status as the country's most affordable new housing market is under severe threat with median lot prices hitting $300,000, pushing the total cost of building a new house to over $500,000.

The Australian Financial Review

http://www.smh.com.au/good-weekend/the-sirius-buildings-last-tenant-myra-demetriou-91-reveals-her-future-plans-20171120-gzp32z.html

The Sirius building's last tenant, Myra Demetriou, 91, reveals her future plans

Sometimes, a person’s life story tells a larger tale.

The Sydney Morning Herald