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New South Wales (NSW)

The Economy

REINSW calls for $2500 landlord subsidy

Landlords are suffering too, according to the REINSW and the $2500 needs to be available for them as soon as possible.

National

People

Preston auction through Openn Negotiation hits reserve in 8 days

Michael Tomadakis of Biggin & Scott Inner North partners with Openn Negotiation for outstanding auction result

National

The Economy

Vendors are seeing their properties snapped up: Market Wrap

Buyers out in force as properties sell strongly at auction or before they are due to go under the hammer, according to agents Chris Wilkins from Ray White and James Baker of McGrath Estate Agents.

National

The Economy

John McGrath – Queensland No 1 for relocations

Great weather and affordable property prices make Queensland the place to go to work remotely, according to John McGrath, founder of McGrath Estate Agents.

Victoria (Vic.)

Featured Property

Contemporary family lifestyle on the Mornington Peninsula

For sale by Candice Blanch of Impact Realty Group, who told WILLIAMS MEDIA the bespoke coastal home "epitomises class and style".

Queensland (Qld)Sunshine Coast

People

Why Tom Offermann Real Estate’s Rebekah Offermann is positive on the second half of 2020

“There is a lot of cash shopping around in Noosa at the moment, and a lot of buyers in the marketplace looking for quality lifestyle properties.”

Queensland (Qld)Gold Coast

Featured Property

VUE Broadbeach apartment sold for record price

Sold by Veronika Princeton-Hall and Mashelle Jones of Queensland Sotheby’s International Realty, who told WILLIAMS MEDIA, “Affluent buyers are attracted to Broadbeach; particularly, to the high-profile established apartment towers.”

Victoria (Vic.)Melbourne

Featured Property

Hawksburn Village Victorian sold for $1.866m

The recently refreshed 2-bedroom terrace was sold by Nicole Gleeson and Nicky Rowe of Kay & Burton.

Queensland (Qld)Brisbane

Alchemy Restaurant offers premium at-home cuisine during COVID-19

Gourmet takeaway, pre made meals and a new sandwich concept have helped Brad and Angelica Jolly's Modern Australian restaurant Alchemy continue to connect with their guests during lockdown.

Queensland (Qld)

Pilot's paradise in SE Queensland at $1.9 million

Gracemere House is the epitome of grace and elegance and is situated between the beachside community of Hervey Bay and the heritage township of Maryborough, on the market through Michael Vettoretto of Queensland Sotheby’s International Realty.

Pages

News Roundup

http://www.theaustralian.com.au/business/opinion/bernard-salt-demographer/australia-sells-off-the-farm-so-others-can-feed-the-world/news-story/4b541037b3474b33fb4750b5099cfffa

Australia sells off farm to feed the world

Surely the greatest issue in the 21st century will be food and food production.

The Australian

https://www.domain.com.au/news/sydney-house-prices-to-fall-5-per-cent-over-next-two-years-according-to-bis-oxford-economics-20170309-guu6dq/

Sydney house prices ‘to fall 5% over next two years’: BIS Oxford Economics

Sydney’s house prices are expected to decline from mid-2017, with even higher declines likely in national apartment markets, a housing research company has predicted.

Domain

http://www.afr.com/real-estate/residential/treasury-proposes-making-it-easier-and-cheaper-for-foreign-buyers-20170309-guud8y

Treasury proposes making it easier and cheaper for foreign buyers

A new federal Treasury consultation paper proposes making it easier and cheaper for foreign investors to purchase new homes in Australia and invest in areas such as retirement living, aged-care, and student accommodation.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/coalition-talks-up-housing-affordability-package-in-may-budget/news-story/6d89d6461ba2dfa9bba3d3a57b579110

Coalition talks up housing affordability package in May budget

The government has raised expectations that a housing affordability package will be delivered in the May budget.

The Australian

https://www.domain.com.au/news/international-womens-day-2017-the-change-female-property-leaders-want-to-see-in-the-industry-20170307-guoyio/

The change female property leaders want to see in the industry

With this year's IWD dedicated to creating a more gender inclusive world, with the theme “be bold for change”, Domain asked five female leaders from the property sector how to get more women to the top.

Domain

http://www.afr.com/real-estate/gold-clients-only-for-overseas-property-loans-says-citi-20170307-gut0ss

'Gold' clients only for overseas property loans, says Citi

Citigroup will limit mortgages for overseas buyers amid concerns about its capacity to handle the increase in applications after the withdrawal of most other Australian banks.

The Australian Financial Review

http://www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj?et_cid=29069057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj&Email_name=MW5-03-08&Day_Sent=08032017

Long leases open door to housing affordability 'holy grail'

Changes to rental law to enable residential leases of 10 years or more, which are being introduced in Victoria and NSW, could open the door for a wave of institutional investment into housing.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/cba-chief-ian-narev-warns-against-just-tinkering-with-home-affordability/news-story/8095a3ee44e77679ab82c3df1d8707fb

CBA chief warns against ‘tinkering’ with home affordability

Ian Narev says CBA doesn't support "individual debates about one or other of these policies in the absence of a broad view as to the different drivers of housing affordability."

The Australian