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Queensland (Qld)

The Economy

Currumbin Waters gem captures the essence of tropical living: REAL Specialists

This tropical oasis is just minutes for the beach and for sale through agent Brent Hodge of REAL Specialists

New South Wales (NSW)

The Economy

Passed in at auction but sold during COVID-19

This duplex sold through the worst of the COVID-19 pandemic by Brent Hodge of REAL Specialists.

Queensland (Qld)Brisbane

People

Brisbane agent joins BHGRE ASPIRE Model

James Prendergast is the latest agent to bring his extensive experience to Better Homes and Gardens Real Estate.

Queensland (Qld)Brisbane

The Economy

Opulence and high end properties are still in favour: Market wrap

Agents are finding strong demand for luxury properties despite restrictions due to COVID-19.

National

People

John McGrath – Huge help for first home buyers

John McGrath, founder and executive director of McGrath Estate Agents outlines the help available to those who want to step into the property market for the first time.

Victoria (Vic.)Melbourne

Featured Property

Rise above it all: The Penthouse at Palais Toorak

For sale by International Expressions of Interest via Ross Savas, Jamie Mi and Oliver Booth of Kay & Burton.

New South Wales (NSW)Sydney

Featured Property

Brand new Drummoyne designer home with 180-degree water views

Four levels of designer family living overlooking Iron Cove and Rodd Island to the city Skyline. For sale by Chris Wilkins and Oliver Lavers of Ray White.

Queensland (Qld)Brisbane

Featured Property

Ultimate family lifestyle with American coastal style

Perfect for families, the features of this Bulimba home include a full floor playroom, gymnasium, home office, a media room with projector, and an outdoor entertainer’s pavilion complete with a kitchen and pool. For sale by Sarah Hackett of Place Bulimba.

Victoria (Vic.)Melbourne

People

Get to know Michael Paproth of The Agency

“Covid 19 has shown us that life is way too short to live in an area that isn’t perfect!”

Victoria (Vic.)

Featured Property

Designer Farmhouse by Flinders Village

Sold by Andrew Hines and Cass Hines of Kay & Burton, who told WILLIAMS MEDIA, “there is such a high demand for Flinders and always such a small amount of quality properties available.”

Pages

News Roundup

https://www.domain.com.au/news/three-charts-on-australian-mortgage-stress-it-isn8217t-as-bad-as-you-might-think-20170410-gvhefb/

Three charts on Australian mortgage stress

It isn’t as bad as you might think.

Domain

http://www.afr.com/real-estate/vacancy-tax-not-useful-to-the-long-term-solution-of-increasing-housing-supply-20170410-gvhsh7

Vacancy tax not useful to the long term solution of increasing housing supply

"Taxes relative to the very rich, are very small. Investors who can leave their properties vacant will continue to do so."

The Australian Financial Review

https://qz.com/953775/hsbc-survey-shows-chinese-millennials-are-twice-as-likely-to-own-their-own-homes-as-us-and-uk-millennials/

Chinese millennials are twice as likely to be homeowners as their peers in the US and UK

A whopping 70% of Chinese millennials already own their own homes.

Quartz

http://mobile.abc.net.au/news/2017-04-10/debt-distribution-poses-new-threat-to-housing-market/8429578?pfmredir=sm

Distribution of debt poses new trigger to the property, housing market

Extreme levels of household debt are at the highest levels in our history, and among the worst in the world.

The ABC

https://www.theguardian.com/society/shortcuts/2017/apr/10/shoes-hygiene-home-trainers-germs-house?CMP=soc_568

Should you take your shoes off at the door?

There are those who lie awake panicking because wearing outdoors shoes indoors upsets the natural order of things, and there are normal people, who don’t really care.

The Guardian

http://www.afr.com/real-estate/construction-growth-slows-as-apartment-decline-pulls-sector-lower-20170408-gvgxxe

Construction growth slows as apartment decline pulls sector lower

Construction growth slowed in March as a continued retreat in apartment building weighed on the detached house sector.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/half-melbournes-offtheplan-units-selling-at-a-loss/news-story/17009966c75408fb65665ced76a1c325

Half Melbourne’s off-the-plan units ‘selling at a loss’

More than half the apartments bought off the plan in Melbourne’s CBD, Docklands and Southbank since 2011 have changed hands at a loss, while many inner-Brisbane unit buyers are also out of pocket.

The Australian

https://www.domain.com.au/news/palm-beach-landmark-home-pegasus-passes-in-at-auction-20170408-gvgqa0/

Palm Beach landmark home ‘Pegasus’ passes in at auction

A rare slice of real estate on Sydney’s northern beaches struggled to rouse buyers on Sydney’s busiest auction day.

Domain