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The Economy

CoreLogic Quarterly Economic Review: November quarter data reveals contributors to post-pandemic property recovery

Today CoreLogic releases its latest Quarterly Economic Review which unpacks the recent recovery trend in housing market values observed in the months to November 2020.

National

The Economy

John McGrath – End-of-Year Wrap: Prices Up in 2020 Despite Pandemic

John McGrath, founder and executive director, McGrath Estate Agents reviews the 2020 property market.

Queensland (Qld)Brisbane

Featured Property

Premium Burbank acreage sold - Queensland Sotheby's

Directly adjacent to prestige gated community Araluen The Estates 190 Ford Road Burbank sold by Malcolm Li of Queensland Sotheby's International Realty.

National

The Economy

Re-elected REIA President, Adrian Kelly says members are reporting strong recovery after challenging year

The Real Estate Institute of Australia President, Adrian Kelly and Deputy-President, Hayden Groves re-elected after providing strong leadership in a challenging year.

New South Wales (NSW)

The Economy

Jindabyne mortgagee sale hits $79k over reserve

A Jindabyne unit earmarked for a mortgagee sale has sold for $79,000 above reserve using online sales platform Openn Negotiation.

National

The Economy

REIA REMF Report - Australia's housing market proves resilient over 2020 with price rises in most States

The Real Estate Institute of Australia President, Mr Adrian Kelly said over the September quarter, the weighted average capital city median price increased by 0.4% for houses and by 0.7% for other dwellings.

Northern Territory (NT)

The Economy

Alice Springs sets the bar in real estate says REINT

2020 has been an outstanding year for Territory real estate, but it’s not over yet and Alice Springs has delivered an amazing finish to the year with 114 properties settled in October and November alone, Mr Andrew Doyle Southern Representative for the Real Estate Institute of Northern Territory REINT.

Western Australia (WA)Perth

The Economy

Openn Negotiation brings solid results for WA agency

Realmark Coastal’s, Dean Bradley has made his first foray into the innovative Openn Negotiation sales method with the campaign of a property at 56 Daglish Street, Wembley in WA.

National

The Economy

John McGrath – Australia’s Great Regional Relocation

John McGrath, founder and executive director, McGrath Estate Agents looks at how the events of 2020 have created a great regional relocation, as people seek the fresh air and space of regional areas.

National

People

RE/MAX Financial Services brand expands Australian directorship

Pivotal Financial, the RE/MAX aligned financial services group, this week announced the appointment of Matthew Andrews to the Board of Directors.

Pages

News Roundup

https://amp.dailytelegraph.com.au/moneysaverhq/christmas-comes-in-july-for-real-estate-investors-heres-why/news-story/46359a1cd386004c19e46ba8c8622a11

Christmas comes in July for real estate investors — here’s why

Christmas comes in July for property investors because many have a big tax refund heading their way soon, or at least some big tax deductions to offset their other income.

The Daily Telegraph

http://amp.smh.com.au/business/the-economy/it-all-adds-up-podcast-episode-6-5-myths-about-the-housing-market-busted-20170727-gxjqi9.html

Five myths about the housing market busted

Jessica Irvine, Matt Wade and Ross Gittins, respond to listener questions and bust these five myths about Australia's housing market.

Sydney Morning Herald

http://www.afr.com/real-estate/weekend-auction-clearance-rates-up-july-set-to-show-price-growth-20170730-gxll7g

House prices have been so resilient

Sydney and Melbourne house prices are set to advance in July, says Corelogic.

The Australian Financial Review

http://www.afr.com/brand/afr-magazine/shane-moran-breaks-silence-on-family-feuds-china-and-renovating-swifts-20170615-gwrud4

The family feud behind Sydney's grandest house

Over the past 20 years, the Moran family, who once held Australia's largest private collection of nursing homes, has ploughed more than $30m of its fortune into the restoration of Swifts.

The Australian Financial Review

https://techcrunch.com/2017/07/28/real-estate-site-redfin-soars-45-after-ipo/amp/

Redfin soars 45% after IPO; CEO calls it ‘Amazon of real estate’

The Seattle-based real estate site has gone public after 13 years as a startup. After pricing higher than expected at $15 per share and raising $138m, the stock soared 45% closing at $21.72.

Tech Crunch

http://www.afr.com/real-estate/residential/ing-direct-slashes-minimum-apartment-size-by-20-per-cent-to-40sqm-20170726-gxjk45

ING Direct slashes minimum apartment size by 20% to 40sqm

ING Direct is reducing minimum sizes for apartments it will finance, while rival bank, Citi is said to be toughening borrowing terms for any development containing more than 30 units.

The Australian Financial Review

https://thewest.com.au/news/north-west-telegraph/temporary-housing-in-decline-data-ng-b88540240z

WA temporary housing in decline: data

More Port Hedland people are living in permanent housing.

The West Australian

http://thenewdaily.com.au/money/property/2017/07/26/first-home-super-saver-scheme/?utm_source=Responsys&utm_medium=email&utm_campaign=20170727_TND

Loophole in super-for-housing draft bill has experts worried

First home buyers can keep any money they withdrew from their super, even if they failed to buy a house with it, provided they pay a hefty penalty.

The New Daily