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Listings for sale drop to 10 year low in Perth - REIWA

Perth for sales listings dropped to a 10 year low in February, with just 7,899 properties listed on reiwa.com at the end of the month. REIWA President Damian Collins said this was the seventh consecutive month listings for sale had declined in Perth.

National

The Economy

Momentum builds across Australian housing markets as values rise at the fastest rate in seventeen years - CoreLogic

Australian home values surged 2.1% higher in February; the largest month-on-month change in CoreLogic’s national home value index since August 2003.

National

The Economy

John McGrath – East Coast’s regional boom has begun

John McGrath, founder and executive director of McGrath Estate Agents looks at why people are moving out of Sydney and Melbourne like never before.

New South Wales (NSW)

Featured Property

‘Danric Lodge’: equestrian property offers 'excellence without compromise' - The Agency

Available for the first time in 20 years, this Sutton Forest property is extremely well-regarded within the equestrian community. For sale by Ben Olofsen and Cameron McKillop of The Agency.

New South Wales (NSW)Sydney

People

Get to know Dino Gatti of The Agency

“The best chance for a great sale hinges on pushing the boundaries.” - Dino Gatti.

Victoria (Vic.)Melbourne

Featured Property

"Phenomenal interest" for parkside home sold above guide – Kay & Burton

This designer Melbourne residence was sold by Mark Sproule, Scott Patterson and Garrick Lim of Kay & Burton following a heated auction.

Victoria (Vic.)Melbourne

Featured Property

Kay & Burton sells classic Toorak family home as lockdown ends

Sold by Tracy Tian Belcher of Kay & Burton, who told WILLIAMS MEDIA “there isn’t enough stock on the market to meet demand”.

Queensland (Qld)Brisbane

Featured Property

Prime post war home in top location Ashgrove for sale by Place

Offered for the first time in over fifty years, 21 McCormack Avenue, Ashgrove is for sale by auction tomorrow 27 February 2021 at 4:30pm by Matthew Jabs and Ross Armstrong of Place Newmarket.

Queensland (Qld)Brisbane

Featured Property

Luxurious new home in Gordon Park to set benchmark - Place

'Adaleigh’, located in one of Brisbane’s most tightly-held suburbs is being auctioned tomorrow, 27th February by Ross Armstrong and Matthew Jabs of Place.

New South Wales (NSW)

People

DiJones opens three offices under Central Coast merger

DiJones CEO Dean Mackie said the DiJones Central Coast agencies are an important strategic expansion for the DiJones footprint. The merged business will operate under the DiJones brand from today, 26 February 2021.

Pages

News Roundup

https://www.smartpropertyinvestment.com.au/news/16562-houses-free-in-some-perth-suburbs-claims-industry-specialist?utm_source=SmartPropertyInvestment&utm_campaign=22_08_17&utm_medium=email&utm_content=1

Houses ‘free’ in some Perth suburbs, claims industry specialist

Shane Kempton, CEO of Professionals Real Estate Group, says the rising number of homes in more affordable areas of Perth can now be bought for the effective land value of the property.

Smart Property Investment

https://www.mortgagebusiness.com.au/breaking-news/11407-cba-could-face-966bn-in-penalties?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin22_08_17&utm_medium=email&utm_content=1

CBA could face $966bn in penalties

CBA could be facing a penalty of more than $966bn if fined the maximum amount for each alleged breach of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.

Mortgage Business

https://theconversation.com/its-not-just-the-buildings-high-density-neighbourhoods-make-life-worse-for-the-poor-82070

It’s not just the buildings, high-density neighbourhoods make life worse for the poor

Gentrification and poor infrastructure compound the challenges for lower-income and vulnerable residents of high-density developments.

The Conversation

https://www.domain.com.au/news/now-on-airbnb-us-president-donald-trumps-childhood-home-in-queens-new-york-20170810-gxszd2/

US President Donald Trump’s childhood home is now on Airbnb

You can now spend the night in President Donald Trump’s childhood home.

Domain

http://www.afr.com/real-estate/chinas-property-development-curbs-will-hurt-real-estate-investments-20170821-gy0xsi

China's property development curbs will hurt real estate investments

The Chinese government has issued new guidelines to curb the global spending spree by Chinese businesses, restricting overseas property development and investments in hotels.

The Australian Financial Review

http://www.theaustralian.com.au/business/opinion/david-uren-economics/chinas-dangerous-debt-boom-could-end-badly-for-all/news-story/28ed661725b79a4feefef1dfe560cfe7

China’s ‘dangerous’ debt boom could end badly for all

Australia’s economy is being sustained by a credit boom in China that the International Monetary Fund warns is bound to end badly.

The Australian

https://theconversation.com/this-is-why-apartment-living-is-different-for-the-poor-82069

This is why apartment living is different for the poor

There’s been a lot of talk about apartment living of late. But one group is being left out of the conversation: lower-income and vulnerable residents.

The Conversation

http://www.brisbanetimes.com.au/queensland/greens-seek-to-turn-the-tables-on-landlords-with-new-rental-policy-20170816-gxxnhy.html

Greens seek to turn the tables on landlords with new rental policy

Renters would have unlimited, rent-controlled leases and be able to hang paintings, paint walls, keep pets and stay put even if the property was sold under a Queensland Greens policy.

The Brisbane Times