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Busiest week for auctions since the week prior to Easter 2018 - CoreLogic

There were 3,791 homes taken to auction across the combined capital cities this week, the busiest auction week since the week ending 25th March 2018 when 3,990 capital city homes were taken to auction.

Tasmania (Tas.)Victoria (Vic.)

People

First National Vic/Tas 2020 General Excellence & Marketing Awards

350 of First National Real Estate’s Victoria and Tasmania agents were presented with their 2020 General Excellence and Marketing Awards at Melbourne’s Grand Hyatt on Saturday night.

National

The Economy

John McGrath – End of moratoriums clears the way for investors’ return

The property market across Australia is really firing but investors have largely remained on the sidelines according to John McGrath founder and executive director of McGrath Estate Agents.

New South Wales (NSW)

Featured Property

Olio Mio Estate: Boutique Pokolbin olive grove and vineyard – Cullen Royle

Designed to showcase stunning mountain and vineyard views, this elegant and welcoming retreat is for sale through Richard Royle and Deborah Cullen of Cullen Royle.

Victoria (Vic.)

Featured Property

Tieve Tara: Mt Macedon garden estate on the market for first time in 25 years – Kay & Burton

For sale via Directors, Peter Kudelka and Gowan Stubbings of Kay & Burton, who told WILLIAMS MEDIA, “This presents a once in a generation opportunity.”

Queensland (Qld)Brisbane

Featured Property

Georgian masterpiece atop Hamilton Hill - Place New Farm

The three-level entertainers’ sanctuary features spacious living spaces and manicured gardens. For sale by Heath Williams of Place New Farm.

Queensland (Qld)Brisbane

Featured Property

Hamilton entertainers' retreat with stunning river outlook - Place

This abode promises to impress from the moment you step through its grand double entry door. For sale by Sarah Hackett of Place.

Victoria (Vic.)Melbourne

People

Diverse, vibrant and eclectic: Doherty Design Studio's Mardi Doherty

The success of DDS' collaborative and bespoke design philosophy is evident from the breadth and diversity of its residential and commercial portfolio.

Queensland (Qld)Sunshine Coast

The Economy

Never before seen scenes at Sunshine Coast auctions

THE surging Sunshine Coast real estate market shows no signs of slowing with not even the weekend’s weather putting a damper on proceedings.The weekend’s outcome and interest surprised 17 year real estate veteran and Ray White Mooloolaba | Kawana auctioneer James Goldsworthy.

Queensland (Qld)

Featured Property

Sought after Crestwood Estate North Lakes home for sale - REAL Specialists

This North Lakes 3-bedroom home is for sale through John Stewart of REAL Specialists.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/knight-frank-unveils-buildtorent-division-plans/news-story/925728f48acef7f4bde36e3510c9e2a1

Knight Frank unveils build-to-rent division plans

Knight Frank has launched a new residential investments division to focus on the build-to-rent sector in Australia.

The Australian

http://www.architectureanddesign.com.au/news/brisbane-s-princess-alexandra-hospital-to-have-fla

Brisbane’s Princess Alexandra Hospital to have cladding removed

It could take until early 2019 to completely remove and replace all the external façade cladding on the Princess Alexandra Hospital, which has been identified as being potentially flammable.

Architecture and Design

http://www.news.com.au/finance/economy/australian-economy/issuing-new-loans-against-unrealised-capital-gains-has-created-an-australian-house-of-cards/news-story/853e540ce0a8ed95d5881a730b6ed2c9

Issuing new loans against unrealised capital gains has created an Australian ‘house of cards’

The Australian mortgage market has “ballooned” due to banks issuing new loans against unrealised capital gains of existing investment properties, creating a $1.7 trillion “house of cards”, warns “The Big Rort” report by LF Economics founder Lindsay David.

news.com.au

http://www.theaustralian.com.au/business/property/malaysian-developer-uem-sunrise-unveils-new-melbourne-project/news-story/e920ed5ac61487ad7429a579ae8d4d2e

Foreign banks fill buyer void

Foreign-owned banks are stepping in to lend to offshore buyers of residential property in Australia as local banks continue to pull back, says Raymond Cheah, director of Malaysian developer UEM Sunrise.

The Australian

http://www.afr.com/markets/equity-markets/the-economy-is-not-strong-wages-remain-weak-and-rates-will-stay-on-hold-20170906-gybpl4

The economy is not strong, rates will stay on hold

Wages growth is weak and household debt remains high. GDP numbers were propped up by government spending.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11456-supply-demand-mismatch-remains-acute?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin06_09_17&utm_medium=email&utm_content=2

Supply-demand mismatch ‘remains acute’

The HIA says land price increases are “unrelenting”, and are the single biggest factor behind deteriorations in housing affordability.

Mortgage Business

https://www.mortgagebusiness.com.au/breaking-news/11455-apra-limits-extraordinarily-successful?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin06_09_17&utm_medium=email&utm_content=1

APRA limits ‘extraordinarily successful’

Residential building is “on the threshold of a sharp decline”, courtesy of an “extraordinarily successful regulatory intervention” to discourage investors, says BIS Oxford Economics.

Mortgage Business

http://www.afr.com/real-estate/sydney-listings-up-124pc-on-last-year-point-to-slower-spring-sqm-research-20170905-gybbcs?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29094035&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/sydney-listings-up-124pc-on-last-year-point-to-slower-spring-sqm-research-20170905-gybbcs%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-09-06&Day_Sent=06092017

Sydney listings up 12.4% on last year, point to slower spring: SQM

Sydney listings rose 5% in August, pointing to a "normal" spring market with higher stock levels that will lower auction clearance rates and flatten price growth, SQM managing director Louis Christopher said.

The Sydney Morning Herald