The Real Estate Conversation

Contact

National

The Economy

Demand stays high: Market Wrap

Demand for properties stays strong as agents for Place, The Agency and McGrath continue with good auction results.

Queensland (Qld)

The Economy

New Northern Office for Place Estate Agents

Place Albany Creek is the latest office for Place Estate Agents, to be headed up by James Gwynne.

National

The Economy

John McGrath – What $700,000 buys

Buying power for city dwellers is strong when moving to outer suburbs or regional areas, says McGrath Estate Agents founder, John McGrath.

Victoria (Vic.)Melbourne

Featured Property

‘Lisieux’: Art Deco classic on Melbourne’s Riviera

This generously sized beachfront property is on the market for the first time in 40 years. For sale by Eleisha Doherty, Michael Armstrong and Nicole Gleeson of Kay & Burton.

Australian Capital Territory (ACT)Canberra

Featured Property

Iconic Penthouse with 270-degree views over Canberra

With Canberra’s finest cafes, restaurants, bars and entertainment venues at your door, this as new two-level apartment in the Fender Katsalidis “ApARTments” building is for sale by Bill Lyristakis, Simon Richards and Michael Lyristakis of Berkely Residential.

Victoria (Vic.)

People

Kate Walker: design is a way of life

"There is so much more to designing than the creative side."

Victoria (Vic.)Melbourne

People

Get to know Oliver Booth, partner with Kay & Burton

“Working closely as a team is paramount in achieving a great outcome for all parties involved.”

Victoria (Vic.)Melbourne

Featured Property

Landmark Toorak Home ‘Rostrevor’ sells in under a week

Sold by Darren Lewenberg, Grant Samuel, Gerald Delany and Jamie Mi of Kay & Burton.

Queensland (Qld)Brisbane

Featured Property

Teneriffe Hill Queenslander sold for $2,756,500

Offering unbeatable panoramic city views, the 3 bedroom home was sold at auction by Matt Lancashire and Patrick Goldsworthy of Ray White New Farm.

New South Wales (NSW)Queensland (Qld)

Politics

Uncertainty around border closures concern building industry

Master Builders CEO Grant Galvin warns border closures could undo the work of stimulus measures.

Pages

News Roundup

http://www.afr.com/real-estate/melbourne-city-living-surges-in-past-decade-20170502-gvxmce

Melbourne city living surges in past decade

Residential living in central Melbourne has surged in the last decade. The number of dwellings has increased by 69% to 71,000.

The Australian Financial Review

http://www.smh.com.au/small-business/trends/the-worlds-five-most-exotic-coworking-spaces-20170502-gvx638.html

The world's five most exotic co-working spaces

Digital nomads are plugging in at exotic locales around the world.

The Sydney Morning Herald

http://www.theaustralian.com.au/budget-2017/federal-budget-to-slug-foreign-investors-if-they-leave-property-vacant/news-story/6b659a81d16c99512cd36198c12afad5

Federal Budget to slug foreign investors if they leave property vacant

The Federal Budget is set to slug foreign buyers thousands in fees if they leave their investment property vacant.

The Australian

http://blogs.unsw.edu.au/cityfutures/blog/2017/03/flying-into-uncertainty-western-sydneys-aerotropolis-poses-more-questions-than-answers/

Flying into uncertainty: Western Sydney’s ‘aerotropolis’ poses more questions than answers

Sydneysiders are enthusiastically scoping the development spin-offs that will come with their new airport in the city’s west.

City Futures Blog

http://www.afr.com/real-estate/correction-hits-victorian-stamp-duty-revenue-20170501-gvw8wj?&utm_source=social&utm_medium=twitter&utm_campaign=nc&eid=socialn%3Atwi-14omn0055-optim-nnn%3Anonpaid-27/06/2014-social_traffic-all-organicpost-nnn-afr-o&campaign_code=nocode&promote_channel=social_twitter

Victorian stamp duty takes a hit as market eases

Rising borrowing costs and tighter controls on investor lending are expected to slow the rate of growth in taxation revenue, according to the Victorian budget.

The Australian Financial Review

https://theconversation.com/why-chinese-investors-find-australian-real-estate-so-alluring-76310

Why Chinese investors find Australian real estate so alluring

A recently released report found investment in residential real estate by the Chinese is slowing, as the gap in rental yields between the two countries closes and house prices increase.

The Conversation

https://www.nytimes.com/2017/05/01/opinion/the-end-of-the-australian-dream.html?_r=0

The End of the Australian Dream?

Our enviable quality of life is at risk.

The New York Times

http://www.afr.com/news/canberra-to-build-second-sydney-airport-at-badgerys-creek-20170501-gvwv73

Canberra to build second Sydney Airport at Badgerys Creek

The federal government is poised to confirm it will build, own and operate the second Sydney airport after the Sydney Airport Corporation decided against taking on the project.

The Australian Financial Review