The Real Estate Conversation

Contact

New home sales rise in NSW, Victoria, Queensland and WA, but market has not yet bottomed out, says HIA

The Housing Industry Association's New Home Sales report has shown a quarterly increase in the number of new home sales, although the figure remains well below what it was at the same time last year.

Victoria (Vic.)

Featured Property

Wycefn: hills living with heart and soul

Sympathetically renovated, this classic country residence reveals glimpses of original charm, with views to the Warburton Ranges. For sale by Corinne Sukroo and Jo Hirst of Bell Real Estate Olinda.

National

Construction

Home owners with $10.5 billion defects bill from past decade, says report

A new report has found has repair costs for new home owners have totalled $10.5 billion over the past decade as poor construction standards have left them battling leaks, cracks and other problems.

International

People

Barfoot & Thompson Auckland wins 2019 REINZ Large Agency of the Year Award

The Real Estate Institute of New Zealand (REINZ) has named Barfoot & Thompson as 2019 REINZ Large Agency of the Year Award at the REINZ Awards.

Victoria (Vic.)Melbourne

People

Agents join forces to shake up Whitehorse property market

Jellis Craig has welcomed new representation in the eastern suburbs of Melbourne.

Victoria (Vic.)Melbourne

Featured Property

Refined Albert Park terrace

Situated on one of Melbourne's most prestigious streets, this elegant residence offers breathtaking city views and classic style. For sale by Warwick Gardiner and Jansen Spencer of Greg Hocking Holdsworth.

Western Australia (WA)

People

Ray White wins big at REIWA Awards

Ray White has taken out top honours at the Real Estate Institute of Western Australia 2019 Awards Ball held on the weekend.

The Economy

New report outlines impact of mortgage debt on older Australians

A new report from the Australian Housing and Urban Research Institute has highlighted the implications of older Australians carrying mortgage debt into retirement.

International

People

Aaron Davis appointed Harcourts New Zealand National Auction Manager

Experienced auctioneer Aaron Davis has been named National Auction Manager for Harcourts New Zealand.

Queensland (Qld)Brisbane

Featured Property

Timeless residence with Asian influence and panoramic views

This sprawling Brisbane family home showcases a stunning outlook from its position atop Mt Nebo. For sale by Joseph Lordi of McGrath Gumdale.

Pages

News Roundup

http://www.afr.com/business/banking-and-finance/apra-reluctant-to-tighten-investor-lending-caps-20160830-gr4t2x

APRA reluctant to tighten investor lending caps

The APRA chairman has hosed down speculation it might tighten caps limiting the growth of bank lending to residential property investors.

The Australian Financial Review

http://www.domain.com.au/news/altonas-onpaper-owner-launches-campaign-to-sell-the-familys-trophy-home-20160819-gqwceg/

Altona’s on-paper owner launches campaign to sell

The on-paper-only owner of Point Piper mansion Altona has launched a campaign to sell the trophy home without the approval of the ultimate owner, wealthy businessman Wang Zhijun.

Domain

http://thenewdaily.com.au/money/property/2016/08/26/australian-property-crash/

One hour to midnight for Aussie property market

Global banking giant Citi believes a glut of supply over the next two years is likely to trigger a drop in prices.

The New Daily

http://www.architectureanddesign.com.au/projects/education-health/new-school-prefab-arkit-says-goodbye-to-demountabl?mid=45cd955c6d&utm_source=Newsletter%20Lists&utm_campaign=7f7a89badf-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_3aac924711-7f7a89badf-100081773

New school prefabs

New prefab classrooms are a vast improvement on 'demountables'.

Architecture & Design

https://theconversation.com/victoria-bans-fracking-but-leaves-questions-over-gas-supply-64600

Victoria bans fracking

Environmental impacts and social concerns about are the main reasons the Victorian government has banned 'unconventional gas', often produced through 'fracking'.

The Conversation

http://www.theaustralian.com.au/business/property/100m-of-presales-in-a-weekend-for-meritons-pagewood-project/news-story/ab8254ee3397d7deaf961e396244817e

$100m pre-sales in a weekend for Meriton Pagewood project

Harry Triguboff’s development group sold more than $100m of apartments at the launch of its biggest project to date, 3000-units in Sydney’s eastern suburbs.

The Australian

http://www.theage.com.au/victoria/highrise-apartments-are-bad-to-live-in-and-bad-for-society-says-respected-architect-20160828-gr39nf.html

High-rise apartments bad to live in, bad for society

Australia is building too many poor-quality high-rise apartment towers, says one of Australia's most widely respected architects.

The Age

http://www.businesstimes.com.sg/real-estate/australias-richest-woman-considers-bid-for-countrys-largest-ranch

Australia's richest woman considers country's largest ranch

Gina Rinehart is partnering with Chinese developer Shanghai CRED to bid for S. Kidman & Co.

Business Times