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HomeBuilder drives surge in new home building

“The number of new houses that commenced construction in the December quarter was the second highest level on record,” stated Tim Reardon, HIA’s Chief Economist.

Queensland (Qld)

Three properties sold in Gail Bernardin's first weekend with REAL Specialists

Since joining the agency, Gail's average VPA budget has increased almost 7-fold.

Victoria (Vic.)Melbourne

People

New LJ Hooker office opens in the south-west Melbourne

LJ Hooker has further expanded its network in Melbourne with the opening of LJ Hooker Altona North.

Western Australia (WA)Perth

People

What’s in the water at Realmark?

In 2020, Realmark agents consolidated their position and sold on average a third more than those at competing agencies.

Queensland (Qld)Gold Coast

People

Get to know Andrew Stephens of REAL Specialists

With over 30 years knowledge of the Currumbin area, and 15 years sales experience, Andrew couldn’t think of any other place to live.

Victoria (Vic.)Melbourne

People

First National Elites and Rookies of the year flown to Melbourne for Chairman’s circle event

The elite of First National Real Estate’s agents, investment relations managers, and ‘Rookies of the Year’ have been flown into Melbourne today by First National Real Estate to be addressed about how to break the mould and achieve even better results by former AFL elite coach, Neil Craig.

New South Wales (NSW)

Featured Property

Prize beachside Kingscliff home - REAL Specialists

As featured in ‘Home Beautiful’ magazine, this designer residence offers an inviting ambience nestled among tropical gardens. For sale by Mason Garten of REAL Specialists.

Western Australia (WA)

The Economy

WA house prices tipped to increase 15 per cent in 2021 - REIWA

Western Australian property prices are expected to grow by 15 per cent this year, according to REIWA’s revised 2021 forecast.

New South Wales (NSW)

The Economy

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.

Pages

News Roundup

https://www.mansionglobal.com/articles/73669-dream-homes-are-good-for-the-soul-not-necessarily-the-wallet?mod=mansion_global_articles_en_wsj_home

Dream Homes Are ‘Good for the Soul, Not the Wallet’

Expenses from renovating, maintaining and staffing a property can really pile up.

Mansion Global

http://blogs.unsw.edu.au/cityfutures/blog/2017/09/beyond-the-city-healthy-built-environments-in-regional-and-rural-localities/

Beyond the city – healthy built environments in regional and rural localities

Healthy planning is about supporting the wellbeing of all people, no matter where they live, their age, physical and mental abilities, and irrespective of their socio-economic status.

City Futures Blog - UNSW

https://www.mortgagebusiness.com.au/breaking-news/11493-recession-unlikely-but-vulnerabilities-exist

Recession unlikely but vulnerabilities exist

Australia is unlikely to experience a recession in the near future, but certain “vulnerabilities or excesses” in the economy should be addressed to avoid downturns, says AMP Capital.

Mortgage Business

https://www.smartpropertyinvestment.com.au/news/16786-melbourne-has-stolen-chinese-buyers-juwai

‘Melbourne has stolen Chinese buyers’: Juwai

More than 40 per cent of all Chinese-buying inquiries in the year to date have been for Melbourne, making the southern city Australia’s destination of choice.

Smart Property Investment

http://www.afr.com/real-estate/melbourne-rental-vacancy-to-fall-on-undersupply-sqm-says-20170914-gyhiv5

Melbourne rental vacancy to fall on undersupply, SQM

Melbourne has a tight residential vacancy rate of 1.7% and that will fall lower by 2019 as new housing supply slows, says SQM Research.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11492-cba-s-reputation-woes-bad-for-the-country-apra

CBA’s reputation woes bad for the country: APRA

APRA has said that the recent damage to CBA’s reputation is “unhealthy for the bank, it’s unhealthy for the banking system and it’s unhealthy for the country”.

Mortgage Business

http://www.afr.com/real-estate/how-it-sold-cash-short-settlement-shows-revival-in-perths-upmarket-city-beach-20170918-gyjfn1

Urgency comes to Perth's upmarket City Beach

Buyers are returning to Perth's premium suburbs in a way they haven't for a long time.

The Australian Financial Review

http://www.afr.com/real-estate/residential/property-now-the-question-is-what-happens-after-the-boom-20170914-gyhjk2

What happens after the property boom?

After a five-year bull run, in which house prices have surged 75% in Sydney and 56% in Melbourne, the party may be over for those who have bet big on the property boom.

The Australian Financial Review