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A red-hot-run for private property listings in regional Victoria - REIV

Regional Victoria is experiencing the shortest Days on Market since 2010 according to the Real Estate Institute of Victoria (REIV).

Queensland (Qld)Brisbane

People

Place extends reach with launch of new Gumdale office

"We are finding the market is just starting to recognise the lifestyle on offer here, and the value is outstanding," Place's Glenn Bool told WILLIAMS MEDIA.

Queensland (Qld)Sunshine Coast

Featured Property

No bandying about: Private Bandicoot Island up for (Openn) Negotiation

Queenslands Bandicoot Island for sale by McGrath Noosa through Openn Negotiation. The almost-53 hectare Bandicoot Island is nestled between Fraser Island and the mainland and surrounded by the crystal-clear waters of the Great Sandy Strait.

National

The Economy

John McGrath – Suburbs flying under the radar

According to John McGrath founder and executive director of McGrath Estate Agents there are always suburbs flying under the radar for a variety of reasons. This week, John McGrath takes us through some of these areas.

Queensland (Qld)Brisbane

Featured Property

Kangaroo Point skyhome with private rooftop, pool, and uninterrupted views - Place

One of 13 residences in The Holman, the penthouse delivers views of the city skyline, Brisbane River and the Story Bridge. For sale by Annabelle O’Hare and Simon Caulfield of Place Kangaroo Point.

New South Wales (NSW)Sydney

Featured Property

Victorian period home in the heart of Mosman - The Agency

For sale by Scott Thornton and Oscar Lewis of The Agency, who told WILLIAMS MEDIA, "It truly is a special and calming home."

Queensland (Qld)Brisbane

Featured Property

Balmoral Hill executive residence with stunning Brisbane views - Place

Luxury Balmoral Hill home for sale by Sarah Hackett of Place Bulimba, who told WILLIAMS MEDIA, “25 Victoria Street is the ultimate entertainer’s home.”

New South Wales (NSW)

Featured Property

Sutton Forest country estate with stone homestead – The Agency

Bordered by large land holdings, with stunning views, this country home was built from the ground up, using stone sourced from the property itself. For sale by Cameron McKillop and Ben Olofsen of The Agency.

Queensland (Qld)Brisbane

Featured Property

‘Moreton House’: Significant Wynnum residence circa 1937 - Place

The Hamptons-inspired home features views stretching from Manly to Moreton Island. For sale by Marc Sorrentino of Place Manly.

Victoria (Vic.)Melbourne

Featured Property

Iconic home on Melbourne’s Riviera sold by Kay & Burton

Sold by Eleisha Doherty, of Kay & Burton, who told WILLIAMS MEDIA "The beach, cafe culture, schools and transport really do make it an enviable place to call home.”

Pages

News Roundup

http://www.theaustralian.com.au/business/property/mcgrath-mulls-asx-departure/news-story/eea6dda835101fa6377d9cade5223fcb

McGrath mulls ASX departure

As John McGrath’s embattled listed real estate agency faced frustrated investors at its annual meeting in Sydney, chairman Cass O’Connor noted speculation the agency could delist, but said she had nothing more to disclose “at this time”.

The Australian

http://www.afr.com/real-estate/residential/housing-affordability-in-brisbane-takes-a-hit-as-investors-flock-prdnationwide-20171121-gzpp7a?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29105490&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/residential/housing-affordability-in-brisbane-takes-a-hit-as-investors-flock-prdnationwide-20171121-gzpp7a%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-11-22&Day_Sent=22112017

Housing affordability in Brisbane takes a hit as investors flock: PRDnationwide

Brisbane has taken the biggest hit in housing affordability of the eastern-coast cities even as unit prices have fallen, according to PRDnationwide's latest capital hotspots report.

The Australian Financial Review

http://thenewdaily.com.au/news/national/2017/11/17/social-housing-centrelink-welfare-payments-housing-affordability-bill/

Government’s plan to tackle homelessness would ‘make people poor’

The Turnbull government’s plan to tackle homelessness by deducting rent and utility bills from Centrelink payments would make social housing tenants even poorer, say welfare groups.

The New Daily

http://www.theaustralian.com.au/business/property/gold-coast-developers-head-offshore-for-funding/news-story/1faf0f320e30a28817a9e7a7f8a51fbc

Gold Coast developers head offshore for funding

Constraints on development finance at the big four Australian banks have pushed one developer offshore for funding and could bring apartment development on the Gold Coast to a near halt.

The Australian Financial Review

https://www.domain.com.au/news/overseas-investors-and-body-corporates-what-to-ask-before-buying-in-a-building-20171122-gzqt97/

Why you should ask if a building has a lot of overseas investors

High numbers of overseas buyers can mean it's hard to get a quorum at body corporate meetings overseas investors might be reluctant to spend money fixing non-vital problems.

Domain

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/tea-coffee-and-cosmetics-lending-to-blame-for-property-squeeze/news-story/9b26e3910d5a4607d035e781577c0b6b

Tea, coffee and cosmetics lending to blame for property squeeze

Many young real estate agents are bewildered by the amount of houses passed in at auctions, the high availability of cheaper inner-city apartments, and the desperation of apartment developers to sell.

The Australian

http://www.afr.com/leadership/sydney-real-estate-agent-john-mcgraths-great-short-20171109-gzi6yv

Sydney real estate agent John McGrath's great short

In 2014, John McGrath was concerned that Sydney was too hot. "If we see another 15% year-on-year growth, on top of the last 15%, we might be in dangerous territory," he said. A year later, McGrath sold one third of his stake in his real estate agency to clients of JP Morgan Chase and Bell Potter.

The Australian Financial Review

https://www.smartpropertyinvestment.com.au/development/17186-8-out-of-10-buildings-built-with-dangerous-cladding?utm_source=SmartPropertyInvestment&utm_campaign=22_11_17&utm_medium=email&utm_content=1

Eight out of 10 buildings built with dangerous cladding

Peter Blair, project manager at SPMA, says that in order to comply with upcoming Building Code revisions, eight out of 10 buildings will need to change their cladding.

Smart Property Investment