The Real Estate Conversation

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Luxury real estate agent joins award winning Kollosche agency

Claire Dai and her team join forces with the Gold Coast’s leading independent agency who specialise in prestige property sales.

New South Wales (NSW)Sydney

People

Tequila Mockingbird is tackling COVID-19 with home delivered cocktails

The majority of the core Tequila Mockingbird team are back to work, offering a unique and diverse takeaway and delivery menu of iconic Latin American food, signature cocktails, produce ‘Butcher Boxes’, and food donations to Sydney's homeless communities.

Western Australia (WA)

The Economy

Perth market on sustained growth trajectory as virus hit

The latest CoreLogic report showed Perth was on a fifth consecutive month price growth.

National New South Wales (NSW)

The Economy

Extended hours for NSW building sites will save jobs: HIA

Planning & Public Spaces Minister Rob Stokes to allow construction sites to operate on weekends and public holidays during the COVID-19 pandemic.

National

The Economy

No uniform approach for residential tenants and landlords

States and territories are to take on the responsibility of agreements between tenants and landlords which is disappointing, said Adrian Kelly, president of REIA

The Economy

REIWA urges the McGowan Government to provide support for residential tenants and owners

REIWA looks forward to working with the State Government on a favourable solution which will assist landlords, tenants and property managers during this crisis.

Queensland (Qld)Brisbane

People

How one of Brisbane's iconic restaurants, Moda is operating during the current COVID-19 restrictions

Moda Restaurant has launched a providore selection and is offering a new pick up and delivery menu including Javier's famous Queensland seafood paella.

Tasmania (Tas.)

Politics

Tenants have an obligation to pay rent

The emergency period amendments do not provide for a rent holiday, said Real Estate Institute of Tasmania

National

The Economy

John McGrath – The rental market and Covid-19

Short term rental reductions, engaging with banks and understanding insurance are some of the steps taken by landlords and renters, says John McGrath, founder of McGrath Estate Agents.

National

The Economy

REIA plan to keep as many real estate agents as possible working

The REIA have requested the Fair Work Commission vary the award to keep real estate agents employed.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/houseprice-rises-fastest-in-the-world/news-story/62d403771ea92c676e0ae4eaf3485ebd

House-price rises fastest in the world

A study of global house prices going back to the 1870s shows Australian prices have risen faster than anywhere else.

The Australian

http://www.afr.com/real-estate/real-estate-agents-cut-rates-to-win-work-20170202-gu42t0

Real estate agents cut rates to win work

Real estate agents down the east coast are slashing commissions to win business as listings dry up.

The Australian Financial Review

http://www.theaustralian.com.au/opinion/columnists/grace-collier/housing-affordability-treasurer-morrison-went-to-wrong-place/news-story/b9b449dff0c8192598816c8e9160748c

Housing affordability: Treasurer Morrison went to wrong place

Letting people negatively gear their principal place of residence would be highly popular.

The Australian

http://www.afr.com/real-estate/residential/vancouver-home-sales-plummet-40pc-last-year-as-foreign-buyer-tax-starts-to-bite-20170203-gu4pje?&utm_source=social&utm_medium=twitter&utm_campaign=nc&eid=socialn%3Atwi-14omn0055-optim-nnn%3Anonpaid-27062014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_twitter

Vancouver home sales plummet 40% last year as foreign buyer tax starts to bite

Home sales in Vancouver plummeted 39.5% in January from a year ago and fell 11% from December, five months after the government slapped a tax on foreign buyers.

The Australian Financial Review

https://www.dezeen.com/2017/02/04/dorman-house-austin-maynard-architects-glasshouse-stilts-beach-shack-extension-victoria-australia/

Glasshouse on stilts by Austin Maynard Architects

Austin Maynard Architects has restored an old beach shack and built a second, elevated building alongside it.

Dezeen

http://www.mansionglobal.com/articles/52716-u-s-travel-ban-raises-concern-among-foreign-property-buyers?mod=mansion_global_articles_en_wsj_home

US Travel Ban Raises Concern Among Foreign Property Buyers

President Donald Trump’s executive order temporarily banning travelers from seven Muslim-majority countries has raised concern among foreign investors in US property.

Mansion Global

http://www.blacktownsun.com.au/story/4435454/rooty-hill-home-breaks-million-dollar-mark/?src=rss

Affordability frontier vanishing as million-dollar sales surge in Sydney’s west

Drive 42 km west from Sydney's centre and you’ll come across Rooty Hill, between Mount Druitt and Doonside. Five years ago the median was $350,000. By December 2016 it had jumped 80% to $635,000.

The Blacktown Sun

http://www.afr.com/real-estate/residential/vic/asian-investors-increasingly-pay-cash-for-new-apartments-as-bank-lending-tightens-20170131-gu257c

Asian investors increasingly pay cash for new apartments as bank lending tightens

The proportion of foreign investors paying cash to settle new Melbourne apartment acquisitions has surged to more than 35% from just five to 10% in the past.

The Australian Financial Review