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John McGrath – Should you sell in lock down this Spring?

John McGrath founder and executive director of McGrath Estate Agents gives his advice on selling this Spring while in lockdown.

Queensland (Qld)Brisbane

Featured Property

‘Malouf House’ for sale: Art Deco Hamilton home with river views - Place Ascot

The renovated home features a breathtaking full-floor rooftop terrace, perfect for entertaining or relaxing. For sale by Drew Davies and Carter Lagana of Place Ascot.

Queensland (Qld)Brisbane

Featured Property

Kenmore Hills mansion for sale with bushland surrounds - Place New Farm

This elegant Kenmore Hills home for sale with select pieces of its art collection and furniture included. Marketed by Heath Williams and Judy Goodger of Place New Farm.

New South Wales (NSW)Sydney

Featured Property

Fully rebuilt Paddington terrace for sale in lifestyle precinct – The Agency

Spanning three levels, the timeless Paddington home for sale delivers low maintenance, light filled living and entertaining spaces. Marketed by Ben Collier of The Agency.

Queensland (Qld)Brisbane

Featured Property

New Farm riverside apartment for sale in boutique Zahra - Place Kangaroo Point

Zahra’s vision is to create an iconic riverside address through its unique architecture and a rich, opulent material palette. For sale by Rebecca Russell and Simon Caulfield of Place Kangaroo Point.

Queensland (Qld)Brisbane

Featured Property

Largest land holding in Dutton Park sold by Place Kangaroo Point

Known as ‘Kurrowah’, the expansive 1918 home is “unique as an inner-city acreage”, selling agent Simon Caulfield of Place Kangaroo Point told WILLIAMS MEDIA.

Queensland (Qld)Brisbane

Featured Property

Newly built Ascot home sold for $2.65m - Place

Sold by Drew Davies and Carter Lagana of Place Ascot, who told WILLIAMS MEDIA the area is seeing increasing interest from interstate buyers and expats.

Queensland (Qld)Gold Coast

People

The future of real estate isn’t franchises

The coronavirus pandemic prompted 32-year-old Aaron Worrad, of Worrad Property on the Gold Coast, to think about the real estate industry and where it is heading. A new way of doing business is emerging and he wanted to be part of the wave of change.

Queensland (Qld)Gold Coast

Featured Property

‘Cedardell Hill’ for sale for the first time in 17 years - Queensland Sotheby’s

The hilltop sanctuary features 260 degree views of the Gold Coast coastline from a sprawling bushland acreage. For sale by Veronika Princeton-Hall of Queensland Sotheby’s International Realty.

National

The Economy

First home buyers flee the market as housing prices continue to soar - REIA

The number of first home buyers has plummeted over July as housing affordability continues to be an issue for those entering the market, Real Estate Institute of Australia’s (REIA) President, Adrian Kelly said.

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News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11901-parents-strongly-discouraged-from-going-guarantor

Parents ‘strongly discouraged’ from going guarantor

Helping adult children get on the property ladder by going guarantor is a “real no-no”, says wealth management firm HLB Mann Judd’s wealth management partner, Jonathan Philpot.

Mortgage Business

https://www.theaustralian.com.au/life/home-design/prestige-property/rooms-with-a-view-the-new-fad/news-story/9bd1dc21ac6e363425bccf8edeb71657

Rooms with a view the new fad

Contemplation rooms, bicycle rooms, indoor and outdoor gyms, outdoor kitchens, communal studies, dens, study nooks, media rooms and cinemas are the new must-have features for top-end homes.

The Australian

http://www.afr.com/real-estate/yuhus-huang-xiangmo-sees-better-returns-in-tourism-20180201-h0scle

Yuhu's Huang Xiangmo sees better returns in tourism

The new owner of two of Australia's most luxurious waterfront property assets, Yuhu Group, has revealed plans to turn the properties into tourism icons.

The Australian Financial Review

http://www.abc.net.au/news/2018-02-01/property-investment-spruikers-paying-mortgage-brokers-financial/9380602?section=business

Property sellers pay mortgage brokers, financial planners and accountants for client referrals

Real estate sales companies are using big commissions to tempt mortgage brokers, financial planners and accountants to sell overpriced properties to clients.

ABC

http://www.afr.com/real-estate/commercial/development/pask-family-to-develop-offices-rather-than-apartments-on-east-melbourne-site-20180131-h0r0jp

Pask family to develop offices rather than apartments on East Melbourne site

Billionaire property developer Neville Pask has snapped up an old medical centre in East Melbourne with plans to turn it into a strata office building rather than develop apartments or a hotel.

The Australian Financial Review

https://www.theaustralian.com.au/business/property/home-approvals-drop-driven-by-apartment-slump/news-story/08c82510f4d043c13e789b33060959bc

Home approvals drop, driven by apartment slump

The number of Australian home building permits fell in December from November, driven by a steep decline in apartments.

The Australian

http://www.afr.com/real-estate/rental-price-growth-slowest-in-24-years-20180131-h0r78b

Rental price growth slowest in 24 years

The ABS Consumer Price Index shows that rents only rose 0.6 per cent in 2017, and only 0.3 per cent in the December quarter.

The Australian Financial Review

https://www.theaustralian.com.au/business/media/fairfax-media-searches-for-new-sydney-offices-to-move-in-2019/news-story/ecefee768d623336269b6af6d0ee2f71

Fairfax Media searches for new Sydney offices, to move in 2019

Fairfax Media is relocating its Sydney headquarters to a new home in the CBD in 2019 as Google takes over its remaining harbourside space.