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National

The Economy

Bipartisan support for negative gearing should underpin property as vital part of Australia’s future - REIA

REIA launches ‘Australian Property: Our Future’ to address key issues facing the industry.

National

The Economy

Melbourne and Sydney suburbs lead housing value declines - CoreLogic

Top end and inner-city suburbs of Melbourne and Sydney are seeing a slip in values as higher fixed mortgage rates, affordability and increased buyer choice impacts values at a granular level.

National

The Economy

John McGrath – Returning migrants and international students will ramp up inner city market demand

According to John McGrath Chief Executive Officer of McGrath Estate Agents, returning migrants and international students are already boosting the rental market.

National

The Economy

Where have all the properties for sale gone?

Now is a much better time to be a buyer than last year says Nerida Conisbee, Ray White Group, Chief Economist.

Queensland (Qld)Sunshine Coast

Featured Property

Palatial waterfront Minyama Island home for sale - Queensland Sotheby’s

7 Minyama Island Minyama for sale by Paul Arthur of Queensland Sotheby’s International Realty one of the finest homes on the Queensland Sunshine Coast.

New South Wales (NSW)Sydney

Featured Property

The Quadrant Sydney Harbour apartment for sale - The Agency

9/1 Northcliff Street Milsons Point for sale by Scott Thornton of The Agency delivers stunning views of Sydney Harbour Bridge and the CBD.

Queensland (Qld)Brisbane

Featured Property

Tri-level Brisbane riverfront Hawthorne home for sale - The Agency

132 Virginia Ave Hawthorne for sale by Garry Price and Kyle Pitman of The Agency is 'party central' on the Brisbane River for events both intimate and up to 200 people.

Queensland (Qld)Brisbane

REFRESH* STUDIO FOR ARCHITECTURE : shaping a better society through design

REFRESH* Director Erhard Rathmayr has been excelling in architecture in the Australian landscape since 2004.

Queensland (Qld)

Featured Property

Cabarlah home for sale with uninterrupted escarpment views - The Agency

25 Escarpment Avenue Cabarlah Queensland for sale by Denise Upton of The Agency offers stylish entertaining with sweeping views.

National

People

McGrath Limited Announces Appointment of John McGrath as Managing Director and Chief Executive Officer

McGrath Chair, Peter Lewis said “After much consideration, the Board believes John is the ideal choice to successfully lead McGrath into its next growth phase with continued earnings for the group.

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News Roundup

https://www.theage.com.au/politics/victoria/hundreds-of-properties-have-land-15-metres-beneath-them-acquired-for-tollway-20180530-p4zigm.html

Hundreds of properties have land 15 metres beneath them acquired for tollway

Land beneath hundreds of homes and businesses in Yarraville has been acquired so a toll road can be built in Melbourne's inner west.

The Age

https://www.afr.com/real-estate/residential/qld/gold-coast-developers-cut-smaller-blocks-as-lot-prices-surge-26pc-20180604-h10xqd

Gold Coast developers cut smaller blocks as lot prices surge 26pc

Land developers in south-east Queensland are cutting up their sites into smaller and smaller lots to keep rampant price growth in check, new figures show.

The Australian Financial Review

https://www.smh.com.au/national/nsw/ugly-ducklings-or-swans-debate-rages-over-multi-storey-developments-20180601-p4ziz1.html

Ugly ducklings or swans? Debate rages over multi-storey developments

The developer promises a “vibrant, integrated community atmosphere” at the soon to emerge South Village on the Princes Highway at Kirrawee.

Sydney Morning Herald

https://www.brisbanetimes.com.au/brisbane-news/brisbane-millionaire-gets-approval-to-build-a-helipad-at-his-home-20180601-p4ziwx.html

Brisbane millionaire gets approval to build a helipad at his home

The owner of a multimillion-dollar mega-mansion in Brisbane's south has been given the green light to have a helipad built in his backyard.

Brisbane Times

https://www.theage.com.au/politics/victoria/sunlight-fight-city-council-asks-minister-to-stop-park-overshadowing-20180601-p4zixh.html

Sunlight fight: City council asks minister to stop park overshadowing

A number of popular inner-Melbourne parks could be cast into shadow by high-rise development unless the state government changes laws guaranteeing access to sunlight for most of the day.

The Age

https://www.afr.com/real-estate/buildtorent-an-affordable-housing-option-for-victorian-govt-20180601-h10v46

Build-to-rent an affordable housing option for Victorian govt

Victoria's state Labor government is backing the emergence of a build-to-rent sector as a response to the need for affordable housing rather than as a commercial asset class in its own right.

The Australian Financial Review

https://www.brisbanetimes.com.au/national/queensland/brisbane-council-purchases-90-hectares-of-land-for-preservation-20180601-p4ziuw.html

Brisbane council purchases 90 hectares of land for preservation

Brisbane City Council has purchased a further 90 hectares of bush land from private owners as part of its bush land acquisition plan, including 16 hectares from an owner who did not want to sell their land.

Brisbane Times

https://www.theage.com.au/world/north-america/in-vancouver-a-housing-frenzy-that-even-homeowners-want-to-rein-in-20180603-p4zj62.html

In Vancouver, a housing frenzy that even homeowners want to rein in

Between multimillion-dollar teardowns, blocks full of backyard cottages and towering condominiums that are sold and resold several times before they are even built, there is no shortage of anecdotes about this city's housing frenzy.

The Age