The Real Estate Conversation

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Western Australia (WA)Perth

People

What’s in the water at Realmark?

In 2020, Realmark agents consolidated their position and sold on average a third more than those at competing agencies.

Queensland (Qld)Gold Coast

People

Get to know Andrew Stephens of REAL Specialists

With over 30 years knowledge of the Currumbin area, and 15 years sales experience, Andrew couldn’t think of any other place to live.

Victoria (Vic.)Melbourne

People

First National Elites and Rookies of the year flown to Melbourne for Chairman’s circle event

The elite of First National Real Estate’s agents, investment relations managers, and ‘Rookies of the Year’ have been flown into Melbourne today by First National Real Estate to be addressed about how to break the mould and achieve even better results by former AFL elite coach, Neil Craig.

New South Wales (NSW)

Featured Property

Prize beachside Kingscliff home - REAL Specialists

As featured in ‘Home Beautiful’ magazine, this designer residence offers an inviting ambience nestled among tropical gardens. For sale by Mason Garten of REAL Specialists.

Western Australia (WA)

The Economy

WA house prices tipped to increase 15 per cent in 2021 - REIWA

Western Australian property prices are expected to grow by 15 per cent this year, according to REIWA’s revised 2021 forecast.

New South Wales (NSW)

The Economy

Historic Bickham Homestead sold - McGrath & Sotheby's

Historic Bickham Homestead has sold after an Expressions of Interest campaign through McGrath Upper Hunter Valley and Sydney Sotheby’s International.

National

The Economy

John McGrath – More homes for sale but demand swamping supply

A lack of stock for sale has been a key factor in rising property prices since late 2020, however new data indicates that more sellers are finally coming to market, according to John McGrath founder and executive director of McGrath Estate Agents.

Queensland (Qld)Sunshine Coast

Featured Property

Grand Hinterland homestead with breathtaking views - Place

This former wedding venue is now the largest homestead in the Sunshine Coast region. For sale by Patrick McKinnon and Justin Robertson of Place Ascot.

New South Wales (NSW)

Featured Property

Magnificent period residence in the heart of Old Bowral - The Agency

Located in one of Bowral's most exclusive tree-lined streets, with breathtaking street appeal, this c.1925 residence is for sale by Cameron McKillop and Ben Olofsen of The Agency.

Queensland (Qld)Brisbane

Featured Property

Architecturally renovated Californian Bungalow in exclusive Clayfield position - Place

Set among immaculate gardens, with large pool and lush grassed yard, this 5 bedroom residence provides a perfect foundation for families. For sale by Drew Davies of Place Ascot.

Pages

News Roundup

https://sourceable.net/australias-retirement-village-industry-siege/

Australia’s Retirement Village Industry Under Siege

Are consumer protections in the retirement village industry adequate?

Sourceable

http://www.afr.com/real-estate/a-domestic-glimpse-into-the-reclusive-state-north-korean-apartment-anyone-20170907-gycv4e

North Korean apartment anyone?

A South Korean exhibition offering a glimpse into the life of the reclusive North has opened in Seoul. The exhibition contains a replica of a middle-class home in Pyongyang, where the property market is booming, despite UN sanctions over its weapons programs.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11511-lending-curbs-a-case-of-too-little-too-late

Debt control: too little, too late?

Fresh warnings from the Reserve Bank of Australia about the nation’s love affair with debt suggest that the problem originated years before lenders felt the long arm of APRA.

Mortgage Business

http://www.theaustralian.com.au/business/property/brisbane-offtheplan-unit-losses-affirm-rba-fears/news-story/28561fcd6bbd461baf3387fe22b422f3

Brisbane apartment prices in freefall

Apartments bought off the plan at the start of Brisbane’s unprecedented unit-construction wave are selling at losses of up to 36%

The Australian Financial Review

http://www.theaustralian.com.au/business/property/not-enough-profit-in-build-to-rent-triguboff/news-story/75ad62b665f73bd879cadc613d7bb242

Triguboff: Not enough profit in build to rent

Apartment tsar Harry Triguboff believes China’s government will not be able to forever clamp down on offshore investing by its citizens and lambasted the efforts of major listed groups to enter the build-to-rent sector in Australia.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11512-anz-tips-two-cash-rate-hikes-next-year

ANZ tips two cash rate hikes next year

The major bank is confident that the cash rate will be lifted by 50 basis points next year, reversing the rate cuts of 2016.

Mortgage Business

http://www.afr.com/real-estate/residential/real-estate-agents-go-purplebricks-as-market-cools-20170922-gymnvh

Real estate agents go 'Purplebricks' as market cools

Agent Joshua Singer has sold 35 properties since joining Purplebricks in January from traditional agency Century 21.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2017/09/20/house-prices-australia-overvalued/

Analysis shows houses overvalued in Sydney, Melbourne

House prices in Australia’s two biggest capital cities are between 25-30% overvalued, says Paul Dales from Capital Economics, but he only expects a 10% fall.

The New Daily