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Queensland agency rebrands as LJ Hooker Fraser Coast after 83 years as an independent

One of Australia’s oldest independent real estate firms, Sprake Real Estate, established in 1938 in Queensland, has announced it has rebranded and joined the LJ Hooker Group.

New South Wales (NSW)

People

First National announces NSW 2020 General Excellence & Marketing Awards

First National Real Estate’s New South Wales agents were presented with their 2020 General Excellence and Marketing Awards at Hyatt Regency Sydney on Saturday night.

National

The Economy

John McGrath – Upgrading homes without upsizing debt

Be patient and don’t panic says John McGrath, founder and executive director of McGrath Estate Agents, as the current reduced stock is a key reason why many properties are selling so far above expectations.

Western Australia (WA)Perth

The Economy

Addressing housing issues should be a priority for re-elected McGowan Government REIWA

REIWA congratulates Mark McGowan and the Western Australian Labor Party on their 2021 WA Election victory but calls for more to be done to address the housing issues facing the state. REIWA President Damian Collins said the Institute was disappointed the housing market wasn’t a priority for the McGowan Government’s 2021 election campaign.

Queensland (Qld)Brisbane

Featured Property

Landmark 1900's Paddington Queenslander presenting as a brand new home – Ray White

The home’s meticulous architectural transformation has considered a family’s ‘every conceivable need’. For sale by Christine Rudolph of Ray White New Farm.

Queensland (Qld)Brisbane

Featured Property

Award-winning Joe Reggi riverfront property with skyline views

For sale via Heath Williams of Place New Farm, who told WILLIAMS MEDIA, “The home makes you feel like you’re on the water...”

Victoria (Vic.)Melbourne

Featured Property

1920s St Kilda residence with colourful reinvention - The Agency

The vibrant home is for sale by Sam Hobbs and Justin Reed of The Agency.

Queensland (Qld)Brisbane

People

Get to know Heath Williams of Place New Farm

Heath Williams' background as an interior designer enables him to provide valuable insights to both buyers and sellers.

National

The Economy

Strong market confidence carries new home sales into 2021 - HIA

The HIA New Home Sales report, a monthly survey of the largest volume home builders in the five largest states, is a leading indicator of future detached home construction.

Queensland (Qld)Brisbane

People

David Price joins The Agency as Queensland General Manager to spearhead expansion

As The Agency continues to roll out its national expansion strategy, highly experienced real estate professional David Price has joined the team as General Manager of Queensland.

Pages

News Roundup

http://www.afr.com/street-talk/mirvac-to-pioneer-build-to-rent-sector-20170829-gy6vgb

Mirvac to pioneer build to rent sector

Property players expect a 4.5% yield from Australia's build-to rent market.

The Australian Financial Review

http://www.theaustralian.com.au/business/financial-services/apra-campaign-succeeds-as-investoronly-loans-fall/news-story/45c192d20ab28af08b531e7a8a2f7a38

APRA campaign succeeds as investor-only loans fall

APRA’s attempts to curb investor lending in the property market appear to be working.

The Australian

http://www.theaustralian.com.au/business/property/chinese-developers-shift-to-focus-on-land-plays/news-story/361fdbc5edbd6858bee3ba5c1f63154d

Chinese developers shift to focus on land plays

Major Chinese developers are continuing to pursue land deals in Sydney and Melbourne, but with a shift towards long-term land subdivision plays.

The Australian

https://sourceable.net/crane-cable-slams-into-sydneys-luna-park/

Crane Cable Slams into Sydney’s Luna Park August 30th, 2017

A crane has collapsed on Sydney Harbour, launching a metal wire into Luna Park’s iconic face entrance in what’s been labelled a “catastrophic failure” that could have killed someone.

Sourceable

http://www.abc.net.au/news/2017-08-31/chinese-property-investment-starts-to-cool/8858866

Chinese property investor interest in Australia cools as tougher regulations bite

Offshore Chinese investors have helped drive the Australian property market to new heights. But with the tightening of government regulations, that interest is shifting to other attractive markets.

ABC

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/china-correction-would-have-negative-effect-on-australia-property/news-story/40587c94217b22a2dc8ac247659d0265

China correction would have negative effect on Australia property

We need to watch what is happening in China because there is a potential convergence of events in China and Australia.

The Australian

http://www.afr.com/markets/aussie-dollar-to-hit-us85-in-2018-cba-analysts-say-20170830-gy757g

Aussie dollar to hit US85¢ in 2018, CBA says

A continued slide in the greenback could see the Aussie dollar push as high as US85¢ by the end of next year.

The Australian Financial Review

https://sarealestatenews.com.au/crackdown-chinese-investment-may-hurt-first-home-buyers/

Crackdown on Chinese investment may hurt first-home buyers

“The decision by the Chinese government to restrict property development... will create a loss of supply in the residential unit market,” says REISA president Alex Ouwens.

SA Real Estate News