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First National announces NSW 2020 General Excellence & Marketing Awards

First National Real Estate’s New South Wales agents were presented with their 2020 General Excellence and Marketing Awards at Hyatt Regency Sydney on Saturday night.

National

The Economy

John McGrath – Upgrading homes without upsizing debt

Be patient and don’t panic says John McGrath, founder and executive director of McGrath Estate Agents, as the current reduced stock is a key reason why many properties are selling so far above expectations.

Western Australia (WA)Perth

The Economy

Addressing housing issues should be a priority for re-elected McGowan Government REIWA

REIWA congratulates Mark McGowan and the Western Australian Labor Party on their 2021 WA Election victory but calls for more to be done to address the housing issues facing the state. REIWA President Damian Collins said the Institute was disappointed the housing market wasn’t a priority for the McGowan Government’s 2021 election campaign.

Queensland (Qld)Brisbane

Featured Property

Landmark 1900's Paddington Queenslander presenting as a brand new home – Ray White

The home’s meticulous architectural transformation has considered a family’s ‘every conceivable need’. For sale by Christine Rudolph of Ray White New Farm.

Queensland (Qld)Brisbane

Featured Property

Award-winning Joe Reggi riverfront property with skyline views

For sale via Heath Williams of Place New Farm, who told WILLIAMS MEDIA, “The home makes you feel like you’re on the water...”

Victoria (Vic.)Melbourne

Featured Property

1920s St Kilda residence with colourful reinvention - The Agency

The vibrant home is for sale by Sam Hobbs and Justin Reed of The Agency.

Queensland (Qld)Brisbane

People

Get to know Heath Williams of Place New Farm

Heath Williams' background as an interior designer enables him to provide valuable insights to both buyers and sellers.

National

The Economy

Strong market confidence carries new home sales into 2021 - HIA

The HIA New Home Sales report, a monthly survey of the largest volume home builders in the five largest states, is a leading indicator of future detached home construction.

Queensland (Qld)Brisbane

People

David Price joins The Agency as Queensland General Manager to spearhead expansion

As The Agency continues to roll out its national expansion strategy, highly experienced real estate professional David Price has joined the team as General Manager of Queensland.

New South Wales (NSW)Sydney

People

DiJones secures leading MarTech expert Grant Gordon

DiJones has stamped its authority as a trailblazer in MarTech Comms with the appointment of Grant Gordon to the newly created strategic role of Head of Brand and MarTech.

Pages

News Roundup

http://www.afr.com/real-estate/foreign-buyers-in-one-in-three-commercial-property-deals-20170830-gy7478

Foreign buyers in one in three commercial property deals

Foreign investors accounted for one third of deals in the commercial property market in the first half of 2017.

The Australian Financial Review

http://www.afr.com/real-estate/nsw-building-owners-to-cover-costs-on-cladding-rectification-values-at-risk-20170829-gy6edn?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29093007&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/nsw-building-owners-to-cover-costs-on-cladding-rectification-values-at-risk-20170829-gy6edn%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-08-30&Day_Sent=30082017

NSW building owners to cover costs on cladding rectification

Many owners of the 1,000 NSW buildings identified with possible non-conforming cladding won't be able to claim against the developer or builder because the two-year window to make such claims has passed, a lawyer says.

The Australian Financial Review

http://www.afr.com/news/economy/why-theres-no-quick-fix-to-housing-affordability-says-ceda-20170828-gy5qxu

Why there's no quick fix to housing affordability, CEDA

Australia's chronic demand for new homes, driven by population growth in the big cities, is unlikely to ease in coming decades: says the Committee for Economic Development of Australia.

The Australian Financial Review

https://architectureau.com/articles/junya-ishigamis-redesigned-grand-arch-for-sydney-doubles-in-size/

Junya Ishigami’s redesigned ‘grand arch’ for Sydney doubles in size

Japanese architect Junya Ishigami has updated his design for the large-scale arch above George Street, Sydney, which now calls for a structure almost doubled in size.

ArchitectureAU

https://www.domain.com.au/news/the-suburbs-where-half-of-all-homes-are-mortgagefree-20170815-gxwmvh/

The suburbs where half of all homes are mortgage-free

The country’s top mortgage-free suburb is Park Ridge in Brisbane where the median price is $471,000, but in Sydney and Melbourne the suburbs with the highest rate of fully-owned homes were million-dollar plus neighbourhoods.

Domain

http://www.theaustralian.com.au/business/property/fund-manager-360-financing-developers/news-story/3bdae8e07a61167e00a3d9e666d7f9b9

Property fund manager 360 Capital Group is financing developers

Property fund manager 360 Capital Group is on the way to becoming a major non-bank financier.

The Australian

https://sourceable.net/connections-are-more-important-than-ever/

Connections are more important than ever

It is amazing how many opportunities there are for urban renewal and regeneration projects in cities, often on derelict, former industrial, and infrastructure sites.

Sourceable

http://www.afr.com/real-estate/developer-hua-cheng-defaults-on-35m-loan-leaving-14-apartment-buyers-in-limbo-20170824-gy2xbp

Developer Hua Cheng defaults on $35m loan leaving 14 apartment buyers in limbo

At least 14 buyers who bought apartments off the plan in Sydney's south-west are facing the loss of their investment after the developer defaulted on a loan from a British Virgin Island lender, backed by a Chinese bank.

The Australian Financial Review