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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.

Queensland (Qld)Brisbane

Featured Property

Track-side residence by Eagle Farm Racecourse - Place

For sale by Patrick McKinnon of Place Ascot, who told WILLIAMS MEDIA, "Any closer to the track and you’d have to be a jockey!"

Victoria (Vic.)Melbourne

Featured Property

Colourful reinvention sees St Kilda home sell above guide – The Agency

Refreshed by Doherty Design Studios in 2018, there was "solid" interest in the home. Sold by Sam Hobbs and Justin Reed of The Agency.

Featured Property

FV Peppers Residences Sub-Penthouse with 6-Star amenities - Queensland Sotheby’s International Realty

Luxe building amenities include a heated u-shaped skyline pool, cinema, state-of-the-art gymnasium, and yoga retreat. For sale by Malcolm Li of Queensland Sotheby’s International Realty.

National

The Economy

How do dwelling values compare with previous highs? - CoreLogic

Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. By Eliza Owen, Head of Research Australia at CoreLogic.

Queensland (Qld)Brisbane

Featured Property

Grand Hamptons inspired elegance in Mount Gravatt East - Place

Situated at the highest point in its exclusive street, this magnificent near new home weaves Hamptons-inspired elegance with the ultimate in contemporary style. For Sale by Denis Najzar of Place Woolloongabba.

Pages

News Roundup

http://thenewdaily.com.au/money/property/2017/09/14/car-share-economy/

Car-share economy the driving force behind a new real estate trend

In inner-Sydney's Surry Hills, real estate agent Paul Langsam has made a virtue out of a loft apartment’s lack of parking.

The New Daily

http://www.theaustralian.com.au/business/property/postcrisis-home-buyers-more-satisfied-with-finances/news-story/d0bf2441f1617e4798e65ce8734228e6

Post-crisis home buyers ‘more satisfied’ with finances

Cutting down on holidays and weekend drinks with friends to keep up with the mortgage on his first home wasn’t always easy for accountant Hadi Prayoga.

The Australian

https://sourceable.net/flood-protection-for-cities-needed-now/

Flood protection for cities needed now

Cities must seize the chance to build both high-tech and simple 'green' flood prevention measures into future infrastructure, experts say.

Sourceable

http://www.afr.com/news/economy/households-spending-more-on-the-basics-australian-bureau-of-statistics-20170913-gyggc8?eid=Email%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06/09/2016-MarketWrap5PM-dom-business-nnn-afr-u&et_cid=29095363&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/news/economy/households-spending-more-on-the-basics-australian-bureau-of-statistics-20170913-gyggc8%3Feid%3DEmail%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06%252F09%252F2016-MarketWrap5PM-dom-business-nnn-afr-u&Email_name=MW5-09-13&Day_Sent=13092017

Households spending more on the basics: ABS

An increasing number of Australians reported they were largely free of financial stress in 2015-16 even as households spent an increasing proportion of their incomes on basics such as housing.

The Australian Financial Review

http://www.theaustralian.com.au/opinion/tiny-houses-should-be-permitted-in-australian-suburbs/news-story/a868a64ff705089461df191b2788d203

Tiny houses should be permitted in Australian suburbs

In Victoria, there are more than 2,000 new residents arriving every week. It is up to our political leaders to facilitate housing for these people.

The Australian

http://www.thebull.com.au/articles/a/69524-real-estate-sentiment-at-44-year-low.html

Real estate sentiment at 44-year low

The Westpac/Melbourne Institute survey of consumer sentiment showed “real estate” was selected as the wisest place for savings by just 10.5% of respondents, the lowest reading in 44 years.

The Bull

http://www.smh.com.au/federal-politics/political-news/australian-building-and-construction-commission-boss-nigel-hadgkiss-resigns-after-admitting-to-breaking-law-20170913-gygha0.html

ABCC boss Nigel Hadgkiss resigns after breaking law

Nigel Hadgkiss has resigned from his $426,000-a-year job after conceding to recklessly misrepresenting union rights to employers while he headed up a Fair Work office.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/chinese-investment-in-residential-housing-slowing-firb-adviser/news-story/165b2bd3c36e8d606d05e00bc384bc3a

Chinese investment in residential housing slowing: FIRB adviser

Inward Chinese investment in Australian residential real estate has started to slow but interest in the purchase of agricultural businesses and farms shows little sign of abating.

The Australian