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REIA Questions focus of 10,000 new places for First Home Buyers

The Real Estate Institute of Australia (REIA) has expressed reservations about the release of 10,000 new places for first home buyers to build a new home or purchase a newly built home under the First Home Loan Deposit Scheme.

New South Wales (NSW)Sydney

Featured Property

Private sanctuary steps from vibrant Woollahra village

Delivering superior modern comfort and quality, this John Grove designed home is for sale by Ben Collier of The Agency.

Tasmania (Tas.)Victoria (Vic.)

People

Get to know Dominic Romeo of Circa Heritage and Lifestyle Property

“Knowledge, expertise and experience is key to selling heritage property,” Dominic Romeo, Circa Heritage and Lifestyle Property.

National

Design

The impact of COVID-19 on interior design: Charis James

"The COVID-19 pandemic has most definitely forced all of us to look at our working, social, and family lives and adapt in ways we never thought possible," Charis James, AKI interior architecture and design studio.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

Sunshine Coast property market pips Gold Coast and Brisbane in house price growth

The Sunshine Coast is emerging as one of Queensland’s strongest residential property markets, says CBRE.

Queensland (Qld)Brisbane

Featured Property

Renovated early 1900s home with art deco charm

This welcoming family home captures all the glamour of the art deco era in one of Brisbane's finest locations. For sale by Christine Rudolph of Ray White New Farm.

Victoria (Vic.)

People

'I recognised what it could do in the marketplace': Real Estate Geelong founder riding high with Openn

Real Estate Geelong founder Wes Thornton has fielded auction bids from across the country and the world since joining the Openn Negotiation platform 12 months ago.

New South Wales (NSW)

People

The Agency Thirroul team reducing their footprint and supporting the local community

Peter Armstrong and David Hyslop of The Agency Thirroul will be closing the doors to the office in order to work from home, using The Agency’s cloud-based operating systems.

Queensland (Qld)Gold Coast

Featured Property

Gold Coast Titans Captain Ryan James' million dollar Tugun investment property is for sale

Ryan James looks to sell investment before leaving for the Canberra Raiders through Kasey Pereira of Real Specialists.

Western Australia (WA)Perth

The Economy

Rental listings in Perth reach an eight-year low in September - REIWA

Rental listings in Perth continued to drop in September, falling eight per cent to 2,926 over the month - the lowest it’s been since 2012, according to reiwa.com data.

Pages

News Roundup

https://thewest.com.au/news/wa/expert-optimism-on-perth-house-prices-ng-b88501302z

Expert optimism on Perth house prices

Perth’s property market has bottomed out, according to some of the industry’s biggest names.

The West Australian

http://www.afr.com/real-estate/weekly-property-auction-clearance-rate-hovers-around-2017-low-20170612-gwp66b

'There's no doubt the market has eased'

Weekly property auction clearance rate hovers around 2017 low.

The Australian Financial Review

http://www.smh.com.au/money/planning/the-property-market-is-taking-a-breather-not-falling-off-a-cliff-20170608-gwng61.html?utm_source=twitter&utm_medium=social&utm_campaign=nc&eid=socialn%3Atwi-13omn1677-edtrl-other%3Annn-17/02/2014-edtrs_socialshare-all-nnn-nnn-vars-o%26sa%3DD%26usg%3DALhdy28zsr6qiq

The property market is taking a breather, not falling off a cliff

We need to remember that Australia is a patchwork of very different markets.

The Sydney Morning Herald

http://www.jllrealviews.com/trends/cutting-edge-science-bringing-buildings-life/?utm_source=Twitter&utm_medium=Social&utm_content=932177156&utm_campaign=GlobalGlobal%20-%20Real%20Viewsenergy-and-sustainability

How cutting edge science is bringing buildings to life

Advances in science and technology, are creating new types of biological and metabolic materials which are turning a growing number of buildings into living, breathing organisms.

JLL Views

http://www.afr.com/personal-finance/macquarie-fires-next-shot-in-new-property-funding-battle-20170612-gwp5gz

Macquarie fires next shot in new property funding battle

Macquarie Bank is the latest bank to lower rates for owner-occupied principal and interest loans, dropping its rate to 3.99%.

The Australian Financial Review

https://www.nytimes.com/2017/06/09/realestate/david-rockefeller-upper-east-side-home-for-sale.html?smid=tw-nytrealestate&smtyp=cur&_r=0

Where a Rockefeller Raised His Family

David Rockefeller’s historic double-wide mansion on New York's Upper East Side, where he and his wife, Peggy, raised their six children, is on the market.

The New York Times

http://www.afr.com/news/economy/monetary-policy/property-investors-drunk-on-house-price-wealth-effect-report-warns-20170608-gwn6r1

Property investors drunk on house price 'wealth effect' report warns

Middle-aged property investors are more likely than most Australians to be seduced into tapping rising house equity for consumption, ramping up debt to a level that threatens to become a systemic risk to the economy.

The Australian Financial Review

https://grattan.edu.au/news/what-comes-after-the-housing-boom/

What comes after the housing boom?

Australia’s latest housing boom may soon be over, so it’s time to ask: what happens to the economy if house prices fall?

Grattan