The Real Estate Conversation

Contact

How do dwelling values compare with previous highs? - CoreLogic

Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. By Eliza Owen, Head of Research Australia at CoreLogic.

Queensland (Qld)Brisbane

Featured Property

Grand Hamptons inspired elegance in Mount Gravatt East - Place

Situated at the highest point in its exclusive street, this magnificent near new home weaves Hamptons-inspired elegance with the ultimate in contemporary style. For Sale by Denis Najzar of Place Woolloongabba.

Queensland (Qld)Gold Coast

People

Melanie Symons to front new real estate series

One of the Gold Coast’s most loved personalities, Melanie Symons, will present a new digital series to launch this month to help buyers, sellers, property investors and tenants on their real estate journey.

National

The Economy

Reserve prices smashed around the country

Online property sales platform, Openn Negotiation, have put the spotlight on five of their recent sales that demonstrate just how competitive the 2021 market is.

National

People

McGrath expands Oxygen Home Loans business

McGrath Limited (ASX: MEA) today announced it has entered into a transaction that will deliver enhanced scale and optimisation of its Oxygen home loan business (“Oxygen”).

New South Wales (NSW)

Featured Property

Stellar Pacific: Brand new luxury Kingscliff apartments for sale - REAL Specialists

This boutique complex of just 6 luxury beachside apartments is for sale via Shaun Cardillo of REAL Specialists.

National

The Economy

John McGrath – Why interest rates will stay low

John McGrath founder and executive director of McGrath Estate Agents examines the current record home values, as the lowest mortgage rates in history continue to power a national boom.

Western Australia (WA)Perth

The Economy

Perth properties selling the fastest they have in 15 years - REIWA

REIWA President Damian Collins said properties in Perth were selling the quickest they had in 15 years and 26 days faster than they were in March 2020.

National

The Economy

National home value index rises at its fastest pace in 32 years - CoreLogic

CoreLogic’s national home value index recorded a 2.8% rise in March, the fastest rate of appreciation since October 1988 (3.2%). These exceptionally strong growth conditions remain broad-based, with values rising by at least 1.4% across each of the capital cities and ‘rest-of-state’ areas over the month.

New South Wales (NSW)Sydney

Record property price for Randwick has been smashed again - McGrath

The record property price for Randwick has been smashed again – the fourth time in less than a year by McGrath Coogee agents Mark McPherson and Emilee Tayyara who sold the property within 48 hours of listing it.

Pages

News Roundup

https://www.mansionglobal.com/articles/73669-dream-homes-are-good-for-the-soul-not-necessarily-the-wallet?mod=mansion_global_articles_en_wsj_home

Dream Homes Are ‘Good for the Soul, Not the Wallet’

Expenses from renovating, maintaining and staffing a property can really pile up.

Mansion Global

http://blogs.unsw.edu.au/cityfutures/blog/2017/09/beyond-the-city-healthy-built-environments-in-regional-and-rural-localities/

Beyond the city – healthy built environments in regional and rural localities

Healthy planning is about supporting the wellbeing of all people, no matter where they live, their age, physical and mental abilities, and irrespective of their socio-economic status.

City Futures Blog - UNSW

https://www.mortgagebusiness.com.au/breaking-news/11493-recession-unlikely-but-vulnerabilities-exist

Recession unlikely but vulnerabilities exist

Australia is unlikely to experience a recession in the near future, but certain “vulnerabilities or excesses” in the economy should be addressed to avoid downturns, says AMP Capital.

Mortgage Business

https://www.smartpropertyinvestment.com.au/news/16786-melbourne-has-stolen-chinese-buyers-juwai

‘Melbourne has stolen Chinese buyers’: Juwai

More than 40 per cent of all Chinese-buying inquiries in the year to date have been for Melbourne, making the southern city Australia’s destination of choice.

Smart Property Investment

http://www.afr.com/real-estate/melbourne-rental-vacancy-to-fall-on-undersupply-sqm-says-20170914-gyhiv5

Melbourne rental vacancy to fall on undersupply, SQM

Melbourne has a tight residential vacancy rate of 1.7% and that will fall lower by 2019 as new housing supply slows, says SQM Research.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11492-cba-s-reputation-woes-bad-for-the-country-apra

CBA’s reputation woes bad for the country: APRA

APRA has said that the recent damage to CBA’s reputation is “unhealthy for the bank, it’s unhealthy for the banking system and it’s unhealthy for the country”.

Mortgage Business

http://www.afr.com/real-estate/how-it-sold-cash-short-settlement-shows-revival-in-perths-upmarket-city-beach-20170918-gyjfn1

Urgency comes to Perth's upmarket City Beach

Buyers are returning to Perth's premium suburbs in a way they haven't for a long time.

The Australian Financial Review

http://www.afr.com/real-estate/residential/property-now-the-question-is-what-happens-after-the-boom-20170914-gyhjk2

What happens after the property boom?

After a five-year bull run, in which house prices have surged 75% in Sydney and 56% in Melbourne, the party may be over for those who have bet big on the property boom.

The Australian Financial Review