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The Economy

The Agency confirm confidence in luxury sales growing for Sydney’s property market

The Agency's latest sales show there is definite confidence in Sydney's luxury market.

National Victoria (Vic.)Melbourne

The Economy

Buyers out in force in a post-Coronavirus real estate market

As Coronavirus restrictions continue to ease Victorian Kay & Burton agents Grant Samuel and Julia de Campo find many potential buyers turning up to view at open houses.

National

The Economy

John McGrath – Work changes & future lifestyle options

Employees who have been working from home during the pandemic may choose to do so on a permanent basis.

New South Wales (NSW)Sydney

People

McGrath’s new focus on Project Marketing Post Covid-19

Geoff Lucas CEO of McGrath welcomes Colin Griffin and Murray Wood to join McGrath Projects as they gear up for growth in the Sydney sector.

Queensland (Qld)Brisbane

Featured Property

New York inspired FV Penthouse with hotel amenities

Residents will access the exclusive Five Star FV Private Club, including skyline pool, private cinema, VIP lounges, tropical retreat and more. For sale by Christine Rudolph of Ray White New Farm.

Victoria (Vic.)Melbourne

Featured Property

Sophisticated Penthouse with Melbourne city views

This stunning apartment has been finished to the highest international standard. For sale by Ross Savas and Jamie Mi of Kay & Burton.

National Victoria (Vic.)Melbourne

The Economy

Expats returning home make up 30% of enquiry coming from offshore

“I think the future looks bright for the Australian property market,” Ross Savas of Kay & Burton told WILLIAMS MEDIA.

Victoria (Vic.)

People

Get to know Liz Jensen Director of Kay & Burton Portsea and Sorrento

"We are experiencing an unprecedented level of enquiry for the 'off-market' Winter season."

New South Wales (NSW)Sydney

Featured Property

Strong interest for modern Paddington terrace with easy parking

Sold by Walter Burfitt-Williams and Brody O’Brien of Ray White Taylor and Partners, who told WILLIAMS MEDIA, “The last two weeks has seen some buoyancy come back to the market across all price-points.”

Queensland (Qld)Brisbane

Bernadette O'Shea pairs Dalton Catering with Champagne Collet

Luxury catered meals, such as Sous vide Lamb shoulder, chickpea & roasted garlic stuffing, potato gratin, salsa verde & lamb jus, paired with Bernadette's selections from Champagne Collet are available for pick up or delivery.

Pages

News Roundup

https://www.domain.com.au/news/living-alone-the-fastest-growing-trend-thats-outstripping-supply-20170306-gurdfn/

Living alone: The fastest growing trend

The trend towards one-person households means demand for one-bedroom or studio apartments is outstripping supply.

Domain

http://www.afr.com/real-estate/apra-warns-banks-on-residential-development-20170307-gusahw

APRA warns banks on residential development

Residential developers face a further squeeze on credit as the bank regulator urges lenders to exercise more caution in their commercial property books.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/millions-off-luxury-homes-in-new-york-miami/news-story/6b5b9c9bf30d7aac719923b3f2b6c313

Millions off luxury homes in New York, Miami

High-end home sellers across the country are offering discounts as the luxury market softens.

The Australian

http://www.afr.com/real-estate/inghams-to-sell-land-for-residential-development-20170307-gusg5c

Inghams to sell land for residential development

Inghams is offering a 4.115-hectare site in the residential growth centre of Leppington in south-west Sydney for sale.

The Australian Financial Review

http://www.afr.com/real-estate/victorias-stamp-duty-cut-a-transfer-of-wealth-to-vendors-20170305-gurdug

Victoria's stamp duty cut a 'transfer of wealth' to vendors

Victoria's decision to cut stamp duty for first home buyers, in isolation, will only stimulate demand and push prices higher, experts say.

The Australian Financial Review

http://www.afr.com/brand/chanticleer/no-housing-bust-in-australia-says-bis-oxford-economics-20170306-gurky1

No housing bust in Australia says BIS Oxford Economics

The new British owners of economic forecasting firm BIS Shrapnel say the OECD got it wrong on the Australian housing market.

The Australian Financial Review

https://www.domain.com.au/news/why-the-rba-is-likely-to-leave-rates-on-hold-as-asic-examines-lending-standards-20170306-gurc10/

RBA likely to leave interest rates on hold amid record household debt, as ASIC examines lending standards

Philip Lowe has some high-powered backing if he leaves interest rates on hold Tuesday as widely expected.

Domain

https://www.domain.com.au/news/liberal-mp-john-alexander-calls-for-courage-on-australias-soaring-house-prices-20170306-gurpt3/

Liberal MP John Alexander calls for courage on Australia’s soaring house prices

The federal government needs to pluck up the courage and do something meaningful to curb Australia’s soaring house prices, one of its backbenchers says.

Domain