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John McGrath – Queensland No 1 for relocations

Great weather and affordable property prices make Queensland the place to go to work remotely, according to John McGrath, founder of McGrath Estate Agents.

Victoria (Vic.)

Featured Property

Contemporary family lifestyle on the Mornington Peninsula

For sale by Candice Blanch of Impact Realty Group, who told WILLIAMS MEDIA the bespoke coastal home "epitomises class and style".

Queensland (Qld)Sunshine Coast

People

Why Tom Offermann Real Estate’s Rebekah Offermann is positive on the second half of 2020

“There is a lot of cash shopping around in Noosa at the moment, and a lot of buyers in the marketplace looking for quality lifestyle properties.”

Queensland (Qld)Gold Coast

Featured Property

VUE Broadbeach apartment sold for record price

Sold by Veronika Princeton-Hall and Mashelle Jones of Queensland Sotheby’s International Realty, who told WILLIAMS MEDIA, “Affluent buyers are attracted to Broadbeach; particularly, to the high-profile established apartment towers.”

Victoria (Vic.)Melbourne

Featured Property

Hawksburn Village Victorian sold for $1.866m

The recently refreshed 2-bedroom terrace was sold by Nicole Gleeson and Nicky Rowe of Kay & Burton.

Queensland (Qld)Brisbane

Alchemy Restaurant offers premium at-home cuisine during COVID-19

Gourmet takeaway, pre made meals and a new sandwich concept have helped Brad and Angelica Jolly's Modern Australian restaurant Alchemy continue to connect with their guests during lockdown.

Queensland (Qld)

Pilot's paradise in SE Queensland at $1.9 million

Gracemere House is the epitome of grace and elegance and is situated between the beachside community of Hervey Bay and the heritage township of Maryborough, on the market through Michael Vettoretto of Queensland Sotheby’s International Realty.

New South Wales (NSW)Victoria (Vic.)

People

McGrath heads to Albury/Wodonga

McGrath Estate Agents has announced the opening of a new office in Albury, with principals Gabrielle Douglas and Philip Bell, reflecting its intent to expand into regional NSW and Victoria.

National

Politics

REIA calls for caution over new home building package

A new housing stimulus package for first home buyers could be detrimental to the real estate industry, according to Adrian Kelly, president, REIA.

National

Politics

As 'normal' returns strata owners are urged to take care

Strata corporations looking to re-open social or recreational facilities as COVID-19 restrictions gradually ease must exercise extreme caution, warns Strata Community Association.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/wa-builder-aveling-homes-accused-over-misleading-reviews/news-story/8f42519130ba8842886b67c0e730e098

WA builder Aveling Homes accused over ‘misleading’ reviews

The ACCC is taking a Perth home building company to court for allegedly setting up misleading review websites.

The Australian

http://www.afr.com/news/politics/scott-morrison-says-high-house-prices-are-real-not-an-investor-bubble-20170313-guwurn

Scott Morrison says high house prices are 'real', not an investor bubble

The government may allow first homeowners to access their superannuation to break into the property market.

The Australian Financial Review

http://www.smh.com.au/business/mining-and-resources/debt-stress-in-mining-towns-vexes-investors-20170310-guvj4y.html

Debt stress in mining towns vexes investors

Mortgage pain in towns hit by a commodities downturn is beginning to be felt in parts of the financial system.

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/living-alone-is-the-fastest-growing-trend-thats-outstripping-housing-supply-20170306-gus5j3

Living alone is the fastest growing trend that's outstripping housing supply

One-person households in NSW are projected to rise from 630,000 in 2011 to 1.03m by 2036; the demand for studios, one-bedroom apartments, or small houses is outstripping supply.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/incentives-for-elderly-to-downsize-homes/news-story/017713973eadd884fcef4f0865181c15

Incentives for elderly to downsize homes

The federal government is expected to lower barriers that discourage older Australians from 'downsizing'.

The Australian

http://www.afr.com/personal-finance/superannuation-and-smsfs/smsfs-and-family-trusts-are-the-latest-way-to-get-your-kids-into-the-property-market-20170310-guv8hm

SMSFs and family trusts latest way to get kids into the property market

Investors are becoming increasingly concerned about housing affordability and those that already have mortgages are using SMSFs to buy property for their children.

The Australian Financial Review

http://thenewdaily.com.au/life/relationships/2017/03/11/living-with-your-ex/

Living with your ex: a new reality for many Australians

Living with the ex after a relationship ends is a growing phenomenon, and is caused by the high cost of housing.

The New Daily

http://www.afr.com/real-estate/off-the-plan-apartments-prone-to-30-per-cent-price-falls-20170308-gut7h4

Off the plan apartments prone to 30% price falls

Buyers of some capital city apartments bought off the plan and sold within 18 months are losing up to 30% of their investment, according to analysis by property valuer Herron Todd White.

The Australian Financial Review