The Real Estate Conversation

Contact

Changes to Victorian Residential Tenancy Act on hold

REIV President Leah Calnan has welcomed the Victorian Government’s decision to hold off on introducing changes to rental laws

New South Wales (NSW)

Politics

How much is the Bank’s generosity costing you?

REINSW CEO Tim McKibbin questions who really is footing the bill when it comes to banks, landlords and tenants.

Victoria (Vic.)Melbourne

People

Kay and Burton welcomes Oliver Booth to their South Yarra team

One of Melbourne’s most successful real estate agents, Oliver Booth joins Kay & Burton South Yarra

National

The Economy

Valuer General releases study on impact of bushfires on land value

The latest report on the impact of recent bushfire events on land values has been released by the NSW Valuer General, Dr David Parker.

National

The Economy

Private treaty and pre-auction sales prove popular during Coronavirus restrictions

Real estate agents have adapted to doing business under the Coronavirus restrictions resulting in significant properties sold, according to Ray White and McGrath agents.

National

The Economy

John McGrath – First home buying during Covid-19

John McGrath, founder of McGrath Estate Agents encourages first home buyers to continue their property search.

Western Australia (WA)

Politics

REIWA welcomes WA Government's easing open home restrictions and rent assistance

REIWA welcomes McGowan Government’s announcements, firstly to allow the number of people who can attend an open home to be increased from two people (including the agent) to a maximum of 10 people and secondly, rent assistance to help property owners through the Coronavirus pandemic.

National

People

Legends of real estate to rally for free live webinars

AREC assembles the legends of real estate to bring free live webinars to the industry during COVID-19

Victoria (Vic.)Melbourne

People

Get to know Jamie Mi of Kay & Burton

"There is no doubt that many international buyers would like to take advantage of the current situation and are motivated to buy this year."

Queensland (Qld)Sunshine Coast

Featured Property

Grand Noosa Heads penthouse snapped up in 16 days

Sold by Kate Cox of Reed & Co, who told WILLIAMS MEDIA, "Noosa stock is quite tight so when a property comes on the market that is attractive, it is usually snapped up pretty quickly."

Pages

News Roundup

http://www.afr.com/real-estate/poly-expands-into-apartments-rba-says-risks-all-depend-on-concentration-20170217-gufmf5

Poly expands into apartments

RBA says risks all depend on concentration.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/housing-prices-to-come-off-the-boil-in-2017-says-fitch/news-story/91fd89966d0bdb4fc3ba0b826abc07bb

Housing prices to come off the boil in 2017, says Fitch

Ratings agency Fitch has released forecasts for a 3 to 5 per cent price appreciation in the local property market this year.

The Australian Financial Review

http://www.dailylife.com.au/life-and-love/real-life/the-pleasures-and-sorrows-of-moving-homes-20140217-32vvh.html

The pleasures and sorrows of moving homes

In all the real estate porn that flips up on our search engines, in all the designer pads pedalled as ‘lifestyles’, in all the breathless renovation shows on TV, one thing is forgotten.

Daily Life

http://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-kurt-russell-goldie-hawn-home-sale-20170210-story.html?utm_source=Hot%20Property&utm_campaign=e01b13e064-EMAIL_CAMPAIGN_2016_12_16&utm_medium=email&utm_term=0_a8a9b6a7e3-e01b13e064-79778233

Kurt Russell and Goldie Hawn sell Pacific Palisades home

Actors Kurt Russell and Goldie Hawn have sold their Pacific Palisades home of more than a decade for $6.9m.

Los Angeles Times

http://www.afr.com/personal-finance/fixed-income/interest-rates-are-too-low-20170216-gue97i

Interest rates are too low

Interest rates are too low in Australia and the US. Thank heavens some bankers are unilaterally lifting mortgage rates to cool housing market exuberance.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/sydneys-population-growth-affordability-tops-agenda/news-story/96d851747749f556ed82ced08cb5df19

Sydney’s population growth, affordability tops agenda

Housing affordability across Sydney has emerged as a key focus for the Greater Sydney Planning Commission, as the city seeks to accommodate an extra 1.74 million residents over the next two decades.

The Australian

http://www.theaustralian.com.au/business/property/mirvacs-lloydhurwitz-calls-for-housing-affordability-taskforce/news-story/659fe42c46fe46e487a0322186e37ed6

Mirvac’s Lloyd-Hurwitz calls for housing affordability taskforce

Mirvac chief executive Susan Lloyd-Hurwitz has called for a taskforce to make all levels of government, corporates, and the community sector work together to tackle the housing affordability crisis.

The Australian

http://www.afr.com/real-estate/capital-gains-tax-hikes-will-substantial-upward-pressure-on-property-prices-20170216-gueavn

Capital gains tax hikes will put 'substantial upward pressure' on property prices

Any change to tax breaks on negative gearing or capital gains tax deductions on property investments would quickly push prices lower, said Andrew Schwartz of investor Qualitas.

The Australian Financial Review