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Growth in housing finance approvals resumes - REIA

The March 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing rose again after a fall in February which came after eight consecutive months of growth, according to the Real Estate Institute of Australia (REIA).

New South Wales (NSW)

People

McGrath appoints Michael Murray as Head of Company Sales

McGrath Estate Agents today announced that Michael Murray has been appointed Head of Company Sales for the group with a clear mandate to grow overall agent numbers, productivity and marketshare.

New South Wales (NSW)

Featured Property

Natural paradise close to Lismore with additional income - REAL Specialists

Create a dream country home with pastural views just half an hour from the beach and 10 minutes from Lismore. For sale by Jodie Mitchell of REAL Specialists.

Western Australia (WA)Perth

The Economy

Perth median house price above $500,000 for first time since 2018 - REIWA

REIWA President Damian Collins said reiwa.com data showed Perth’s median house sale price had increased to $508,000 during April.

National

The Economy

CoreLogic: Home values continue to rise but the pace of growth loses steam in April

Australian housing values lifted by 1.8% in April according to CoreLogic’s national home value index, with the monthly pace of capital gains easing from a 32-year high in March (2.8%).

National

The Economy

John McGrath – Why 3 in 10 homes are selling pre-auction & how to buy this way

John McGrath founder and executive director of McGrath Estate Agents looks at why vendors are choosing to sell prior to auction when clearance rates are so high.

New South Wales (NSW)

Featured Property

One Patonga: Luxury beachside escape – Cullen Royle

This luxe NSW Central Coast retreat is for sale by Deborah Cullen of Cullen Royle in conjunction with Trent Iverson of Harris Iverson.

New South Wales (NSW)Sydney

Featured Property

Waterfront luxury with views over Sydney and the Bay – Ray White

Enviably positioned on the Bay Run circuit, this bespoke family home presents as a home of distinction in a prime foreshore location. For sale by Chris Wilkins of Ray White Drummoyne.

New South Wales (NSW)Sydney

Featured Property

Resort style living in Paddington's best street - The Agency

Tranquil and open, yet embedded within the vibrant Paddington lifestyle, this freestanding home is for sale via Ben Collier of The Agency.

Victoria (Vic.)Melbourne

Featured Property

House-sized Melbourne apartment 'Lucient' with stunning views – The Agency

For sale by Brendan Walker and Jesse Raeburn of The Agency, who told WILLIAMS MEDIA the apartment lets you “downsize without downgrading.”

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11572-australia-will-almost-certainly-have-a-recession-hsbc?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin12_10_17&utm_medium=email&utm_content=2

'Australia will almost certainly have a recession': HSBC

Australia has managed to dodge numerous shocks and experience 26 years of growth. HSBC asks when will the luck run out.

Mortgage Business

http://www.news.com.au/national/nsw-act/top-architects-warn-sydneys-future-is-a-highrise-horror-storey/news-story/1ac1b5fa322344dc02bb7d87bec4fd28

Top architects warn Sydney’s future is a ‘high-rise horror storey’

Australia's top architects have warned allowing 25-storey high towers in Sydney suburbs promises an ugly future without sunlight and would lose heritage, sunlight, and public space.

news.com.au

http://www.theaustralian.com.au/national-affairs/state-politics/queensland-labor-bans-donations-from-developers/news-story/07266ed79ee038925b822ea086cfa6c8

Queensland government bans donations from developers

The Queensland Labor party stopped taking donations from property developers on Friday, four days after it took $33,500 from a developer.

The Australian

https://www.thefifthestate.com.au/business/government/australia-now-has-an-official-definition-of-carbon-neutral-buildings-and-precincts

Australia now has an official definition of carbon neutral buildings and precincts

The federal government's new standards for what constitutes a carbon neutral building or precinct are expected to spur the transition to a net zero sector.

The Fifth Estate

https://www.propertywire.com/news/uk/london-mayor-rules-council-double-affordable-homes-new-development/

London Mayor overrules council to double affordable homes in new development

The Mayor of London is trying to ensure more affordable housing is being built in London. He has intervened to double the number of affordable homes in one of the city’s major developments.

Property Wire

http://www.nationalgeographic.com/environment/urban-expeditions/green-buildings/dubai-ecological-footprint-sustainable-urban-city/

The World's Most Improbable Green City

A decade ago Dubai had one of the largest ecological footprints of any city in the world. By 2050 it wants to have the smallest.

National Geographic

http://www.smh.com.au/nsw/think-of-the-children-developers-reject-view-that-sydney-is-full-20171009-gyx2ys.html

'Think of the children': developers reject view that Sydney is full

Fairfax Media has reported that a recent poll found 66.4 per cent of NSW respondents oppose more development to accommodate a bigger population.

Sydney Morning Herald

http://www.theaustralian.com.au/news/nation/cashedup-expats-stake-a-claim-in-property-space/news-story/5c9d12ad6957158889cdb897086fdd04

Cashed-up expats stake a claim in property space

Australian expats have shown increasing interest in the local property market, mindful of currency moves as well as personal factors such as children’s schooling.

The Australian