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First National Western Australia 2020 General Excellence & Marketing Awards

First National Real Estate’s Western Australia agents were presented with their 2020 General Excellence and Marketing Awards at Crown Perth on Friday night.

New South Wales (NSW)

Design

Coliving; the attractive concept for young professionals on the rise - Savills

Coliving is an emerging asset class that has rapidly gained popularity in major markets in the UK, North America, Asia and Europe over the last decade. Emerging now in Australia Coliving is quickly becoming a mainstream and attractive concept.

Western Australia (WA)Perth

The Economy

End of rental moratorium a necessary step for WA rental market - REIWA

REIWA welcomes the emergency period for the Residential Tenancies (COVID-19 Response) Act 2020 ending on Sunday 28 March as promised and believes it is a necessary step to help fix Western Australia’s rental shortage.

National

The Economy

John McGrath – How to find out about new listings first

One of the biggest challenges for buyers today is the lack of stock for sale. John McGrath founder and executive director of McGrath Estate Agents looks at what buyers can do to get an edge over their competitor in such a tight market.

New South Wales (NSW)Sydney

Featured Property

Luxurious Mosman family entertainer - The Agency

For sale by Nic Yates and Kingsley Yates of The Agency, who told WILLIAMS MEDIA the home has “every creature comfort you can think of.”

Victoria (Vic.)Melbourne

Featured Property

New sub-penthouse in the heart of South Yarra - Kay & Burton

Stunning cosmopolitan views compliment the high end details of this curated sky living experience. For sale by Jamie Mi (Partner) and Matt Davis of Kay & Burton.

Queensland (Qld)Brisbane

Featured Property

Elegant New Farm riverfront home - Place

Iconically Brisbane, the home commands one of the city’s best outlooks and showcase impeccable attention-to-detail. For sale by Sarah Hackett of Place Bulimba.

Queensland (Qld)Brisbane

People

Featured Property

Get to know Patrick McKinnon, Director of Place Ascot

Number one Agent in Ascot and Hendra is just one of the accolades earned by Patrick McKinnon in recent years.

Victoria (Vic.)Melbourne

Featured Property

Kay & Burton sells Kew East home for record result in 3 days

The newly built home with panoramic views to the Northern Ranges was sold by Eleisha Doherty, Sam Wilkinson and Garrick Lim of Kay & Burton.

Victoria (Vic.)Melbourne

Featured Property

Refurbished Elsternwick Victorian sold for $2.195m - The Agency

Sold by Sam Hobbs and Justin Reed of The Agency, who told WILLIAMS MEDIA, “The property market in the area remains very buoyant.”

Pages

News Roundup

http://www.afr.com/real-estate/residential/vic/buildtorent-will-struggle-in-australia-joe-russo-20170904-gyabk2?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/residential/vic/buildtorent-will-struggle-in-australia-joe-russo-20170904-gyabk2%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

Build-to-rent will struggle in Australia: Joe Russo

Joe Russo, who runs Caydon, which has already cracked the $US100 billion build-to-rent market with a 27-level tower in Houston, says the build-to-rent sector will struggle to take off in Australia.

The Australian Financial Review

http://www.afr.com/news/economy/rba-keeps-cash-rate-steady-20170905-gyb3lj

RBA keeps cash rate steady

The strong property market was a critical issue in the RBA's decision, with policy makers warning prices have continued to rise in some markets, but there are signs conditions are easing in Sydney.

The Australian Financial Review

http://www.adnews.com.au/news/australia-s-online-ad-market-grows-12-to-7-6bn

Australia's online ad market grows 12% to $7.6bn

Advertisers now invest about half of their advertising budgets into online media channels.

Ad News

http://www.mansionglobal.com/articles/72887-always-design-a-home-with-an-eye-toward-resale-says-australian-agent

Always Design a Home With an Eye Toward Resale

Nicolette van Wijngaarden says the biggest challenge facing the top end of the market in Australia is government restrictions on foreign buyers.

Mansion Global

http://www.smh.com.au/business/the-economy/two-fulltime-jobs-now-needed-to-service-a-mortgage-on-a-typical-sydney-home-20170903-gy9ucs

Two full-time jobs now needed to service a mortgage on a typical Sydney home

The HIA's housing affordability index shows Sydneysiders must fork out $4,729 per month, or nearly $57,000 pa, to service a standard mortgage on an averaged-priced home.

The Sydney Morning Herald

https://mobile.nytimes.com/2017/08/28/t-magazine/ian-mcewan-cotswolds-garden-annalena-mcafee.html?mc=adintl&mcid=keywee&mccr=mc53160&ad-keywords=IntlAudDev&kwp_0=511847&referer=http%3A//m.facebook.com

Ian McEwan’s Enchanted Garden

In the hills of southwest England, the writer and his wife, novelist Annalena McAfee, have surrounded their home with untamed delight.

The New York Times

http://thenewdaily.com.au/money/property/2017/09/03/australia-nation-high-rise-renters/?utm_source=Responsys&utm_medium=email&utm_campaign=20170904_TND

Australia’s dystopian future: a nation of high-rise renters

A new report by CEDA concluded that capital city home ownership would continue to be unaffordable for at least the next four decades.

The New Daily

https://www.mortgagebusiness.com.au/breaking-news/11445-market-confidence-the-big-challenge-for-home-finance-sector-ybr?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin04_09_17&utm_medium=email&utm_content=1

Market confidence ‘the big challenge’ for home finance

The main challenge facing the home finance sector is developer confidence in the property market, a Yellow Brick Road executive says.