The Real Estate Conversation

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New South Wales (NSW)Sydney

People

Get to know Robert Alfeldi of McGrath Pyrmont-Sydney

"I see a very strong second half of 2021 for luxury property and investors returning to the market as rents stabilize."

Tasmania (Tas.)

Featured Property

The enduring appeal of heritage homes: Wentworth House

Sold by Dominic Romeo of Circa Heritage and Lifestyle Property, who told WILLIAMS MEDIA, “The dream and romance of owning a historic house is what captivates people.”

Victoria (Vic.)Melbourne

Featured Property

Portsea seaside haven sold in 2 days over Zoom

Sold by Liz Jensen, Troy Schwarze and Lorna Duffy of Kay & Burton, who told WILLIAMS MEDIA, “We are seeing a highly motivated keenness to secure a humble getaway, a luxury property or a new permanent home by the seaside.”

Victoria (Vic.)

Featured Property

Auction for this single level sensation by The Agency

Caulfield South property for sale is to go under the hammer and is ideal for downsizers or young growing families, according to Eyal Malka of The Agency.

Victoria (Vic.)

The Economy

Inaugural report gives a snapshot of Victorian rental industry

The Commissioner for Residential Tenancies’ inaugural report, Renting in Victoria: Snapshot 2020 has been welcomed by the Minister for Consumer Affairs.

Western Australia (WA)Perth

The Economy

Perth properties sell 57 days faster than September last year

Data from the Real Estate Institute of Western Australia finds houses in Perth are selling 27 days quicker last month, according to president Damian Collins.

National

The Economy

REIA welcomes mortgage repayments resumption across the nation

REIA says resumption of mortgage repayments on nearly half the deferred mortgages and small business loans is a promising sign for the economy.

Victoria (Vic.)Melbourne Brighton

Design

Time to discover a new way of living in Brighton, Victoria

Developers Lucent Group have appointed Swell Constructions to start on their new project Slate House, to be sold through Projects by Buxton Real Estate.

National

People

Top performing agents revealed in Openn Negotiation quarterly report

“Openn Negotiation has proven to be a great tool that agents can call upon in any market," says Managing Director Peter Gibbons.

New South Wales (NSW)

People

New unique real estate service in the Blue Mountains

Better Homes and Gardens Real Estate has opened an office in Blaxland, with Vickie Stickler at the helm and Michael Ball and Steve Wood joining her in the Blue Mountains.

Pages

News Roundup

http://www.afr.com/real-estate/fighting-bad-design-nsw-regulator-fines-architect-20000-over-apartments-20170628-gx0ak1

Fighting bad design

The NSW architectural regulator has fined a western Sydney architect almost $20,000 and barred him from practising for five years in the first step of a battle against substandard apartment buildings.

The Australian Financial Review

https://www.domain.com.au/news/a-lost-art-in-the-arctic-how-to-make-an-igloo-20170628-gwzyx4/

How to make an igloo

Igloo building is a dying art.

Domain

http://www.afr.com/real-estate/massive-apartment-oversupply-will-hit-values-john-holland-20170626-gwz4lu

'Massive' apartment oversupply will hit values: John Holland

The CEO of the construction group, Joe Barr, says there is an oversupply of apartments in some areas but the rollout of infrastructure will assist in managing that supply.

The Australian Financial Review

http://www.afr.com/real-estate/census-2016-highrise-apartments-grow-but-houses-dominate-20170627-gwzn70?&utm_source=social&utm_medium=twitter&utm_campaign=nc&eid=socialn%3Atwi-14omn0055-optim-nnn%3Anonpaid-27/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_twitter

High-rise apartments grow but houses dominate

In 2016, Sydney had 276,000 tall tower apartments, up from 155,000 in 2011. Between 2006 and 2011, the number grew 27% but between 2006 and 2011, growth was only 1.59%.

The Australian Financial Review

https://sourceable.net/are-governments-helping-or-hindering-affordable-housing-delivery/

Are Governments Helping or Hindering Affordable Housing Delivery?

It's easier to get approval to build single detached dwellings than low rise multi-residential dwellings.

Sourcable

https://www.domain.com.au/news/reserve-bank-could-raise-interest-rates-eight-times-in-two-years-according-to-exboard-member-john-edwards-20170628-gx0bh5/

RBA could raise rates eight times in two years: ex-board member John Edwards

The RBA is probably already considering lifting rates given its forecasts for inflation returning to target, economic growth to accelerate to 3%, and a stronger global backdrop.

Domain

https://www.domain.com.au/advice/the-invisible-mirror-cabin-that-can-be-assembled-in-just-eight-hours-20170627-gwyhf0/

‘Invisible’ mirror cabin that can be assembled in eight hours

This prefabricated mirror cabin is designed by Brick & Wonder for OOD in Estonia.

Domain

http://www.smh.com.au/comment/federal-government-must-step-in-to-protect-against-predatory-retirement-villages-20170625-gwycv0.html

Federal government must step in to protect against predatory retirement villages

We are right to spend a lot of time thinking about the kinds of homes younger Australians can afford – but we barely spend any time thinking about where older people live.

The Sydney Morning Herald