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John McGrath – Foreign buyers of Australian homes almost triple their budgets

John McGrath founder and executive director of McGrath Estate Agents says he expects to see more foreigners wanting to set up home in Australia once the international border lifts.

Queensland (Qld)Brisbane

Featured Property

‘White Waltham’: Magnificent riverfront estate over 50 years in the making - SpinksCo Residential

Moggill riverfront estate for sale by Rachael Spinks of SpinksCo Residential, who told WILLIAMS MEDIA, "This is a once in a lifetime opportunity."

New South Wales (NSW)Sydney

Featured Property

Sophisticated terrace with prestigious Paddington address – The Agency

The spacious home is freestanding on one side, with a wide approx. 6.1m frontage. For sale by Ben Collier of The Agency.

New South Wales (NSW)Sydney

Featured Property

Hunters Hill hideaway designed for effortless living - The Agency

Stunning Lane Cove River views, a large private block, and state-of-the art control and comfort will appeal to family buyers. For sale by Lee Dowdall and Stephanie O’Sullivan of The Agency.

New South Wales (NSW)

Featured Property

Cullen Royle sells luxury Southern Highlands estate Beacon Hill in 34 days

The Southern Highlands estate offers the best of rural living on the outskirts of the village. Sold by Karen Bordignon of Cullen Royle.

Queensland (Qld)Brisbane

Featured Property

Whole floor ‘Silt’ apartment sold by Place prior to auction

Sold by Annabelle O’Hare and Simon Caulfield of Place Kangaroo Point, who told WILLIAMS MEDIA, "Demand for riverfront luxury living within the Peninsula is the strongest we have ever experienced."

National New South Wales (NSW)

Featured Property

Street Record for Kangaroo Point waterfront property after 274 bid Zoom auction - McGrath

McGrath St George agent Hayden Duncan was shocked by the result. The St Lukes Way home sold almost $2 million over the reserve of $4.2 million.

National

People

Movinghub – Prop Tech for estate agents

Movinghub offers real estate businesses the best available technology to help estate agents with their client’s utility and property related services.

National

People

REIA thanks Australia’s property managers for their role in helping Australians into homes

Real Estate Institute of Australia (REIA) is celebrating National Property Managers Day today as lockdowns continue to create havoc on the industry.

National

The Economy

Proof is in the pudding - Why small management portfolios fail

With the new financial year underway, it is interesting to analyse why the performance of small rent rolls continue to fail in line with previous financial years.

Pages

News Roundup

http://www.theaustralian.com.au/business/companies/big-business-told-to-clean-up-act-or-face-fresh-scandals/news-story/11edcb8d126cf0138370a2c52e86cd65

Big business told to clean up act or face fresh scandals

Deloitte says real estate, aged care and healthcare may join banking, electricity and telecommunications as sectors subject to regulatory crackdown due to bad behaviour.

The Australian

https://mobile.nytimes.com/2017/12/08/realestate/prewar-with-a-contemporary-twist.html?smid=tw-nytrealestate&smtyp=cur&referer=https%3A//t.co/uqzix7Wa3r%3Famp%3D1

Prewar, With a Twist

To take advantage of New York’s prewar history while offering the conveniences of a top 21st-century condo, developers are using some of the city’s historic housing stock to create what are essentially new buildings in old shells.

The New York Times

http://www.afr.com/real-estate/midnight-on-the-property-clock-20171208-h01fn7

Midnight on the property clock

Some of Australia's sharpest property minds have called time on Australia's residential markets.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2017/12/08/vulnerable-suburbs/?utm_source=Responsys&utm_medium=email&utm_campaign=20171209_Your_Property

Australia’s 10 most vulnerable suburbs

Are you living in one of the suburbs most at risk of declining property prices?

The New Daily

https://www.architecturaldigest.com/story/pantone-color-of-the-year-ultra-violet?mbid=nl_102017PM_Weekly&spMailingID=12527196&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1300790565&spReportId=MTMwMDc5MDU2NQS2

PANTONE colour of the year

PANTONE's colour of the year 2018 is ultra violet 18-3838.

Architectural Digest

https://www.mortgagebusiness.com.au/breaking-news/11757-apra-welcomes-finalisation-of-basel-iii

APRA welcomes finalisation of Basel III

The prudential regulator has welcomed the announcement that the Basel Committee on Banking Supervision had finalised the Basel III bank capital framework.

Mortgage Business

http://www.theaustralian.com.au/life/home-design/prestige-property/buggy-lifestyle-is-drawing-buyers-to-golf-course-living/news-story/cb80a989b2ece82ff704296d4076ce31

Buggy lifestyle is drawing buyers to golf course living

Golf course living has only been around for about two decades, but those who got in early are doing well.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11751-demand-for-new-houses-to-fall-bis?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin07_12_17&utm_medium=email&utm_content=2

Demand for new houses to fall: BIS

Demand for new houses across Australia’s eastern seaboard has peaked and is set to decline, according to BIS Oxford Economics’ Outlook for Residential Land 2017–2022.

Mortgage Business