The Real Estate Conversation

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National

People

Legends of real estate to rally for free live webinars

AREC assembles the legends of real estate to bring free live webinars to the industry during COVID-19

Victoria (Vic.)Melbourne

People

Get to know Jamie Mi of Kay & Burton

"There is no doubt that many international buyers would like to take advantage of the current situation and are motivated to buy this year."

Queensland (Qld)Sunshine Coast

Featured Property

Grand Noosa Heads penthouse snapped up in 16 days

Sold by Kate Cox of Reed & Co, who told WILLIAMS MEDIA, "Noosa stock is quite tight so when a property comes on the market that is attractive, it is usually snapped up pretty quickly."

New South Wales (NSW)Sydney

The Economy

Darren Curtis cautiously optimistic about future of Australian real estate

"Australia has always been regarded as a safe haven for property investment and the current climate is increasing this sentiment."

National

The Economy

What COVID-19 virus means for Australian property

A survey by Ripehouse Advisory, of real estate leaders, has revealed how well the industry is surviving the Coronavirus pandemic.

South Australia (SA)

Politics

REISA sends recommendations to SA Government to survive Coronavirus

REISA president Brett Roenfeldt said he wants to start a conversation with the SA Government with a number of recommendations to help the real estate industry.

Queensland (Qld)Sunshine Coast

People

Penthouse auction to fund COVID-19 treatment research

An 82-year-old semi-retired builder will donate his auction proceeds to the Royal Brisbane and Women’s Hospital (RBWH) Foundation Coronavirus Action Fund.

New South Wales (NSW)Sydney

People

Actor Sam Neill sells his Double Bay property with online auction site Openn Negotiation

Actor Sam Neill has sold his Double Bay property for an undisclosed amount through agents Paul Ephron and Clint Ballard of Ballard Property.

National

The Economy

New home sales decline by 23.2 per cent in March

Consumer confidence declined over the March quarter as home sales dropped sharply, said HIA's Tim Reardon.

New South Wales (NSW)

The Economy

NSW rental vacancies reduce during pandemic

Sydney and Hunter rental vacancies reduce amid a lower survey response rate from property managers, according to REINSW report

Pages

News Roundup

http://www.afr.com/real-estate/commercial/taylor-dow-property-offers-huge-commissions-for-selling-property-20170222-guiwms

Taylor Dow Property offers huge commissions for selling property

Commission payments of up to15%, free tickets to Adele concerts, and luxury holidays to Greece are on offer to mortgage brokers and financial advisers to sell property or consider mortgage products.

The Australian Financial Review

http://www.afr.com/news/economy/rbas-philip-lowe-warns-of-sobering-combination-of-high-debt-weak-wages-20170221-gui9c2

Philip Lowe warns of 'sobering combination' of high debt, weak wages

The RBA governor has conceded that record-levels of household debt and slow wages growth could drag on spending.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/avjennings-blasts-infrastructure-delay/news-story/41b41c9b608dcfd64ef91a5e7dd4fb33

AVJennings blasts infrastructure delay

Infrastructure in outer suburban areas is lagging despite “significant” taxes paid by property developers to address this, says the head of AV Jennings, exacerbating efforts to improve housing affordability.

The Australian

https://www.domain.com.au/news/what-sydneys-median-house-price-will-get-you-in-the-us-20170131-gu28hx/

What Sydney’s median house price will get you in 10 US cities

For buyers locked out of the property market, the grass may be greener in the United States.

Domain

http://www.smh.com.au/nsw/powerhouse-museum-could-cost-almost-2-billion-to-move-20-kilometres-to-parramatta-20170220-guh3fh.html

Powerhouse Museum could cost $2bn to move 20km to Parramatta

The cost of moving the Powerhouse Museum to Parramatta could blow out to almost $2bn, ten times the estimated sale price of its Ultimo site.

The Sydney Morning Herald

https://www.domain.com.au/news/highly-paid-jobs-needed-to-buy-a-house-in-michael-sukkars-electorate-20170220-guhgvn/

‘Highly paid jobs’ needed to buy houses in Michael Sukkar’s electorate

The man assigned to solve Australia’s housing affordability says you need a “highly paid job” to get a foot on the property ladder.

Domain

http://www.smh.com.au/money/a-manifesto-for-generation-rent-20170220-gugyts.html

A manifesto for Generation Rent

Renters need to be part of the conversation about housing affordability.

The Sydney Morning Herald

http://www.afr.com/real-estate/singapores-home-curbs-may-stay-for-some-time-minister-says-20170221-guhxm2

Singapore's home curbs may stay for some time

Singapore home prices fell 3 per cent in 2016, with prices falling for for the 13th straight quarter in December, making the longest streak since data was first published in 1975.

The Australian Financial Review