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Featured Property

Escape on Lake Macquarie waterfront reserve for sale - Cullen Royle

This stunning Eraring property for sale by Deborah Cullen of Cullen Royle and Trent Iverson of Harris Iverson Real Estate, delivers nearly 4 acres of waterfront reserve land with views over Lake Macquarie and Myuna Bay.

New South Wales (NSW)Sydney

Featured Property

Elegant family home in Mosman for sale - The Agency

The reinvention of this lower North Shore home for sale by Scott Thornton and Oscar Lewis of The Agency, has created a luxurious sanctuary with city skyline views.

Victoria (Vic.)Melbourne

Featured Property

"Perfection" beachfront Melbourne apartment for sale - The Agency

Located in the only apartment building in Melbourne where you can walk out onto sand, First Point Beach apartment for sale by Michael Paproth and Ben Hughes of The Agency.

Western Australia (WA)Perth

Featured Property

Modern Perth riverside home for sale - Bellcourt Property Group

The single-level Applecross home, for sale by Nick Wallace of Bellcourt Property Group enjoys views over the Swan River and city.

Victoria (Vic.)Melbourne

Featured Property

Classic Albert Park terrace for sale - The Agency

The Danks Street home for sale by Ben Hughes and Michael Paproth of The Agency, offers elegant, yet practical family living in a sought-after location.

Queensland (Qld)Brisbane

Featured Property

RP Data founder's Norman Park riverside home sold by Place Bulimba

The multi-level Norman Park home sold by Sarah Hackett of Place Bulimba, who told WILLIAMS MEDIA attracted strong interest from international, interstate, and local buyers.

New South Wales (NSW)

Featured Property

Stone homestead in Sutton Forest sold by The Agency

The Southern Highlands acreage sold by Cameron McKillop and Ben Olofsen of The Agency, who are seeing "extremely strong" interest in lifestyle/rural property throughout the area.

National

People

Openn joins REACH Canada class of 2022

Online property sales platform Openn has been selected to participate in the REACH Canada 2022 scale-up program.

National

People

The Agency partners with Australian Family Lawyers

In an industry first, The Agency has partnered with Australia’s largest specialised family law firm, Australian Family Lawyers (AFL), to provide training and family law legal services to agents and clients.

National

The Economy

Practical policy measures to achieve home ownership are working: NHFIC report

Real Estate Institute of Australia (REIA) has welcomed the release of the National Housing Finance and Investment Corporation (NHFIC) report which has found that the government schemes to help first home buyers is helping young and older Australians alike in achieving home ownership.

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News Roundup

http://www.afr.com/real-estate/property-councils-sally-capp-runs-for-melbourne-lord-mayor-20180301-h0wtut

Property Council's Sally Capp runs for Melbourne Lord Mayor

Sally Capp, who leads the Property Council in Victoria, threw her hat into the ring on Thursday to enter the race to become Melbourne's next Lord Mayor.

The Australian Financial Review

http://www.afr.com/markets/this-year-a-critical-test-for-housing-market-westpac-20180228-h0wrjk

This year a 'critical test' for housing market: Westpac

Macro-prudential restrictions, weaker foreign buyer demand, stretched affordability, and a lift in new dwelling supply have all weighed on house price growth, say Westpac economics.

The Australian Financial Review

https://www.theadviser.com.au/breaking-news/37462-bank-says-brokers-fees-would-remove-conflicts

Bank says broker fees would remove conflicts

Bendigo and Adelaide Bank has told the Productivity Commission that fees for brokerage service would remove potential conflicts of interest.

The Adviser

https://www.commercialrealestate.com.au/news/high-rise-retirement-living-is-the-way-of-the-future-experts-say/

High-rise retirement living is the way of the future, experts say

Kathryn Greiner, chair of NSW inquiry into retirement villages, recommends integrating designated seniors living apartments in medium or high-rise residential developments where people of all ages live.

Commercial Real Estate

http://www.afr.com/personal-finance/developers-offer-30000-incentives-and-jumbosized-apartments-to-clear-stock-20180228-h0wtm2

Developers offer $30,000 incentives and jumbo-sized apartments to clear stock

Luxury fixtures, interest on deposits, part payment of stamp duty, and cash rebates are also being offered 'free' to encourage buyers squeezed by tougher lending conditions and lower price growth expectations.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11984-advocacy-group-calls-for-lmi-to-be-abolished

Advocacy group calls for LMI to be abolished

CHOICE has urged the Productivity Commission to abolish lenders mortgage insurance, saying it does not provide value to borrowers.

Mortgage Choice

https://www.theaustralian.com.au/business/property/massive-prices-continue-to-be-paid-for-trophy-homes/news-story/2e6fc6da135d56aa73fc6909634b5390

Massive prices continue to be paid for trophy homes

The run of massive prices being paid for trophy homes has continued, with the sale of former Foxtel boss Richard Freudenstein’s Mosman mansion for between $23m and $25m.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11979-government-urges-states-to-extend-financial-literacy-program

Government urges states to extend financial literacy program

The Minister for Revenue and Financial Services is calling on the states and territories to support the expansion of ASIC’s MoneySmart program for four years to overcome the “impediment” of financial insecurity.

Mortgage Business