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Queensland (Qld)Brisbane Gold Coast Sunshine Coast

First National announces 2022 general Excellence and Marketing awards - Queensland

Queensland State Chairman, Neil Coupland, said it was an incredible year for First National Real Estate and that he was very encouraged by the number of salespeople and property managers who had received awards for the first time.

National

The Economy

John McGrath – When is the right time to buy in this market?

According to John McGrath founder and executive director of McGrath Estate Agents, the only factors that should be driving your decision to buy are personal needs and affordability.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

REIQ and Q Shelter launch urgent appeal to property owners as homelessness soars

The Real Estate Institute of Queensland (REIQ) and Q Shelter have joined forces to launch a campaign to encourage property owners to release their Queensland-based properties onto the long-term rental market. According to Antonia Mercorella, CEO of the REIQ - “The Queensland rental market was already at historically low vacancy rates leading up to the recent flood crisis.

South Australia (SA)Adelaide

The Economy

Consumers to feel the pinch of Eastern Europe Crisis says REISA

Barry Money, CEO of Real Institute of South Australia (REISA) foresees consumers carrying the can of high fuel prices across the board.

Western Australia (WA)Perth

People

Realmark Urban Welcomes Ryan Smith as Equity Partner

Welcoming Ryan Smith as an equity partner in Realmark Urban, Managing Director of Realmark John Percudani said “The ‘Never give up’ is a mantra shared universally by successful sportspeople and real estate agents.

New South Wales (NSW)

Featured Property

Bathampton Luxury Bowral acreage estate for sale - First National

Flawless 5.6 acre Hamptons style Southern Highlands estate for sale by Reece Woods First National Real Estate Bowral.

Victoria (Vic.)Melbourne

Featured Property

Entertainer’s oasis Beaumaris for sale - Kay & Burton

71 Fourth Street for sale by Eleisha Doherty and Tommy McIntosh of Kay & Burton delivers ample space for all the family in Melbourne bayside suburb of Beaumaris.

New South Wales (NSW)Sydney

Featured Property

Kirribilli terrace for sale with harbour views - The Agency

35 Willoughby Street Kirribilli for sale by Dino Gatti and Adrian Garcia of The Agency offers a classic Parisian style terrace with Sydney Harbour views.

Victoria (Vic.)Melbourne

Featured Property

360° view Melbourne Magnolia sub-penthouse for sale - Kay & Burton

The sub-penthouse at 1601/601 St Kilda Road for sale by Eleisha Doherty and Tracy Tian Belcher of Kay & Burton showcases some of the best 360 degree views in Melbourne.

New South Wales (NSW)Sydney

Featured Property

Historic Chatswood bungalow for sale first time in 60 years - The Agency

8 Albert Avenue Chatswood for sale by Dino Gatti and Adrian Garcia of The Agency is an award winning restored First World War cottage with Federation elements.

Pages

News Roundup

https://www.canberratimes.com.au/business/companies/quest-for-fairness-investors-revolt-against-serviced-apartments-20180425-p4zbl0.html

Quest for fairness; investors revolt against serviced apartments

Retired senior public servant David Lawrance has a warning for those investing in “set and forget” serviced apartments.

Canberra Times

http://www.afr.com/real-estate/sydney-clearances-pick-up-returning-buyers-likely-to-ensure-soft-landing-20180506-h0zoy2

Sydney clearances pick up: Returning buyers likely to ensure soft landing

Sydney auction clearances strengthened to a preliminary rate of 66.9 per cent in the week to Saturday, boosting hopes for a gradual slowdown supported by a partial return of investors to the market.

Australian Financial Review

http://www.abc.net.au/news/2018-05-07/sydney-melbourne-housing-price-fall-sqm-downgrade/9734388

Sydney and Melbourne property prices predicted to fall by up to 4 per cent

Housing prices in Sydney and Melbourne are tipped to fall by as much as 4 per cent this year, according to the latest report from property analysis firm SQM Research.

ABC

https://thewest.com.au/business/commercial-property/siblings-regroup-to-offer-quality-local-housing-choice-ng-b88823566z

Siblings regroup to offer quality, local housing choice

Transcontinental Group and TRG Properties founder Tony Trevisan has retired, triggering a generational handover and rebranding of both companies.

The West Australian

https://www.smh.com.au/business/banking-and-finance/lower-bad-debts-help-westpac-grow-profit-6-percent-to-4-25b-20180507-p4zdqt.html

Lower bad debts help Westpac grow profit to $4.25b

Westpac has notched up a first-half cash profit of $4.25 billion, an increase of 6 per cent, helped by wider profit margins and lower charges for bad debts.

The Sydney Morning Herald

http://www.afr.com/real-estate/sydneys-mosman-chalks-up-new-suburb-high-with-10m-apartment-sale-20180503-h0zlhp

Sydney's Mosman chalks up new suburb high with $10m apartment sale

Sydney's most prestigious suburbs are shrugging off city's overall price decline, as Mosman showed with the $10 million-plus sale of a four-bedroom apartment on Thursday.

The Australian Financial Review

http://www.afr.com/personal-finance/property-prices-belted-as-nervous-banks-slam-on-brakes-for-borrowers-20180503-h0zksh

Property prices 'belted' as nervous banks slam on brakes for borrowers

Property prices in recently top performing inner suburbs of Melbourne and Sydney are being "belted" by up to 10 per cent as banks slam the brakes on lending in response to tougher regulatory scrutiny and the banking royal commission, according to real estate and buyers' agents.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/goodman-group-pays-467-million-for-hong-kong-logistics-site-20180503-h0zlj4

Goodman Group pays $467 million for Hong Kong logistics site

Goodman Group has paid $HK2.75 billion ($467 million) for a site in Hong Kong that it will develop into a logistics hub.

The Australian Financial Review