The Real Estate Conversation

Contact

John McGrath – Property Trends Beyond COVID

John McGrath, founder and executive director of McGrath Estate Agents lists the trends that he sees will be prevalent in real estate post-COVID-19.

Victoria (Vic.)Melbourne

Get to know Nicole Gleeson Partner at Kay & Burton

"People need to connect to a property with an emotive direction."

New South Wales (NSW)Sydney

Three sales over $7m in four weeks to Australians and lots of enquiry from expats

'The Strand' in Manly and Wahroonga's 'Redleaf' and ‘Maltoende’ estates were sold by Darren Curtis of Ken Jacobs Christie’s International, who is seeing a "very encouraging" level of enquiry.

Queensland (Qld)Brisbane

Featured Property

Garnett On James: cutting edge family living sold by Ray White New Farm

Boasting international influences and inner city design, the open-plan designer home was sold by Matt Lancashire and Patrick Goldsworthy of Ray White New Farm.

Victoria (Vic.)Melbourne

Featured Property

Working Macedon Ranges farm with historic homestead sold by Jellis Craig

The Breen’s charming blend of heritage and contemporary saw strong interest amid COVID-19 restrictions. Sold by Tom May and Paul Keane of Jellis Craig.

Victoria (Vic.)

Featured Property

Stylish Mornington Peninsula lifestyle home sold by Kay & Burton

Close to Red Hill Village, wineries, and walking tracks, the home can cater to a multitude of guests. Sold by Tom Barr Smith and Meg Pell of Kay & Burton.

Queensland (Qld)

The Economy

Queensland property a safe haven for home buyers amid COVID-19 fall out

Simon Clarke of Universal Buyers Agents predict growth opportunities for buyers in the Queensland property market which escapes COVID-19 downturn.

People

McGrath opens Mansfield office in Victoria

Regional lifestyle areas have become the focus for McGrath Estate Agents as a new office in Mansfield, Victoria is opened.

National

People

New general manager appointed to Valuation Solutions Australasia

CoreLogic announces the appointment of Shelley Horton as the new general manager of Valuation Solutions Australasia.

People

Ray White Woollahra expands to include Paddington

“The market is very active right now, with more buyer inquiry than we have ever seen. Prices are solid and very resilient" says principal Randall Kemp of Ray White Woollahra | Paddington.

Pages

News Roundup

http://www.afr.com/real-estate/china-house-price-rises-again-defying-purchase-curbs-20170319-gv1hlf

China house price rises again, defying purchase curbs

New home prices, excluding subsidised housing, rose in February in 56 out of 70 cities, compared with 45 in January, the National Bureau of Statistics said.

The Australian Financial Review

https://www.domain.com.au/news/sydney-ranked-10th-in-world-in-mercer-quality-of-life-survey-20170315-guy89c/

Sydney ranked 10th best city in the world for quality of living

Sydney has been named the best city in Australia for quality of life and the 10th best in the world, in the Mercer survey.

Domain

http://www.afr.com/real-estate/residential/melbourne-still-top-spot-for-chinese-buyers-with-hobart-rising-20170314-guxqk9

Melbourne still top spot for Chinese buyers with Hobart rising

Despite slugging overseas buyers with a new tax hit, Melbourne remains the most sought-after location for mainland Chinese property investment.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/rocks-rebellion-cracks-docksides-glassbuilding-plans/news-story/65817d91cc5349fa325b634d72331735

Rocks rebellion cracks Dockside’s glass-building plans

Residents of The Rocks in inner-city Sydney appear to have won their battle against the development of a four-storey glass building on Sydney Harbour.

The Australian

http://www.afr.com/news/policy/tax/raiding-super-for-housing-is-crazy-20170315-guyzv1

Raiding super for housing is 'crazy'

"To me it's a crazy idea that should be jumped all over because you are defeating the very purpose that you set out to achieve."

The Australian Financial Review

http://www.abc.net.au/news/2017-03-16/spit-bridge-tunnel:-$77m-earmarked-ahead-of-key-by-elections/8359658

NSW government commits $77m to Sydney Spit Bridge tunnel

The NSW has pledged $77 million to construction of a tunnel to bypass Sydney's Spit Bridge, three weeks out from the North Shore and Manly by-elections.

The ABC

http://www.afr.com/real-estate/chinas-approach-to-its-housing-boom-makes-australia-look-soft-20170314-guy76c?et_cid=29070057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/chinas-approach-to-its-housing-boom-makes-australia-look-soft-20170314-guy76c&Email_name=MW5-03-15&Day_Sent=15032017

China's approach to its housing boom makes Australia look soft

While new housing supply is being added to by raising density levels, a policy that steers foreign buyers into 'off the plan' apartments puts them into the same space as many would-be local first-home buyers.

The Australian Financial Review

http://www.afr.com/real-estate/residential/the-xenophobic-twist-in-numbers-on-foreign-property-buyers-20170315-guyd9b?et_cid=29070057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/residential/the-xenophobic-twist-in-numbers-on-foreign-property-buyers-20170315-guyd9b&Email_name=MW5-03-15&Day_Sent=15032017

The xenophobic twist in numbers on foreign property buyers

The headline that 11% of residential property buyers in NSW are foreign citizens includes homes purchased jointly by Australian and foreign citizens or by dual citizens.

The Australian Financial Review