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Warning on Australia's investment danger zones

RiskWise Property Research has identified the Top 10 ‘Danger Zones’ areas in Australia for high settlement and cash flow risk.

New South Wales (NSW)

The Economy

New COVID normal hitting NSW rental market: REINSW

The August Vacancy Rate Survey is showing the worst may be over, according to REINSW CEO Tim McKibbin.

The Economy

Rentals near the city getting cheaper: CoreLogic

The onset of COVID-19 may be creating a two-speed rental market, with inner-city rents declining faster than those in the outer suburbs, according to CoreLogic.

Victoria (Vic.)Melbourne

People

Get to know Ericka Wong of The Agency

“What drives me most is that human connection and real estate is the vehicle that gives me fulfilment in helping others reach their property goals.”

Northern Territory (NT)

People

REINT awards are now fully booked

Other events have been COVID-cancelled but the REINT 2020 Awards for Professional Excellence are still going ahead, REINT CEO Quentin Kilian told WILLIAMS MEDIA.

Queensland (Qld)Brisbane

The Economy

New Farm has become a real estate hot spot according to Place

Aaron Woolard of Place Estate Agents has never seen the real estate industry so busy in his 12 year career.

Victoria (Vic.)

Politics

Real Estate Institutes join to fight for eased restrictions on the industry

The REIA and REIV have joined forces, requesting the Victorian Government to support Australia's second biggest residential market.

Western Australia (WA)

People

Real Estate's best in the west at REIWA Awards Ball

Western Australia’s real estate professionals came together to celebrate the industry’s best at the 2020 reiwa.com Awards Ball.

National

People

Getting to know Samantha Heads of The Agency

A love for and viewing new homes attracted Samantha Heads of The Agency to a career in real estate.

National

The Economy

Historical house bought virtually: Market Wrap

From an historical house bought via video, a record-breaking off-the-plan sale, a purchase of a TV setting, a swimming star's record sale and a first home buyer, agents from South Australia Sotheby's International Realty, The Agency, Ray White and McGrath Estate Agents have been busy.

Pages

News Roundup

http://www.dailytelegraph.com.au/projectsydney/lucy-turnbull-project-sydney-the-future-of-this-city-is-really-great/news-story/07a96bc880d2ef6847f90f9b81d7fb49

Lucy Turnbull: Project Sydney — The future of this city is really great

Forget the naysayers, Sydney is growing and that’s a good thing.

The Daily Telegraph

https://www.nytimes.com/2017/06/02/realestate/what-no-one-ever-tells-you-about-tiny-homes.html?smid=tw-nytrealestate&smtyp=cur

What No One Ever Tells You About Tiny Homes

Small not so beautiful after all. We are residents of tiny homes not by design, but because it is all our money can rent.

The New York Times

http://www.smh.com.au/business/property/developers-turn-to-larger-apartments-to-compete-with-townhouses-20170601-gwi4hj.html

Developers turn to larger apartments to compete with townhouses

Developers are banking on family-sized apartments to entice downsizing baby boomers into suburban projects.

The Sydney Morning Herald

http://www.theage.com.au/comment/why-we-should-all-care-about-the-fate-of-three-local-libraries-20170531-gwhijk.html

Why we should all care about the fate of three local libraries

Last month, without consultation, with barely an explanation, Geelong Council announced is will close three well-used and well-loved local libraries, at Chilwell, Highton and Barwon Heads.

The Age

http://thenewdaily.com.au/money/property/2017/06/02/global-property-bubbles/?utm_source=Responsys&utm_medium=email&utm_campaign=20170603_TND

Australia isn’t the only country caught in a housing bubble

It’s only natural for Australians to be obsessed with our own property market woes, but there is a whole world of bubbles out there.

The New Daily

https://story.californiasunday.com/urban-dreams

India builds a city from scratch

By 2035, fertile cropland in Andhra Pradesh will be replaced by a futuristic city, and will be home to 11 million people over 3,322 square miles — ten times the area of New York City.

California Sunday

http://www.afr.com/real-estate/poly-saves-apartments-for-first-home-buyers-as-foreign-buyers-rush-in-20170602-gwjfok

Poly saves apartments for first home buyers as foreign buyers rush in

International developer Poly Australia has held back all its apartments under $800,000 for first-home buyers in anticipation of a rush of foreign investors hoping to snap up apartments before the rise in stamp duty and land tax in NSW.

The Australian Financial Review

http://thenewdaily.com.au/life/home/2017/06/03/hit-the-road-young-people-trade-rental-homes-for-vans/

Hit the road: the young people trading rental homes for vans

The prospect of more time in nature, less responsibility, and zero rent is seductive at a time when Australians are spending up to 30% of their income on accommodation.

The New Daily