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Rentals near the city getting cheaper: CoreLogic

The onset of COVID-19 may be creating a two-speed rental market, with inner-city rents declining faster than those in the outer suburbs, according to CoreLogic.

Victoria (Vic.)Melbourne

People

Get to know Ericka Wong of The Agency

“What drives me most is that human connection and real estate is the vehicle that gives me fulfilment in helping others reach their property goals.”

Northern Territory (NT)

People

REINT awards are now fully booked

Other events have been COVID-cancelled but the REINT 2020 Awards for Professional Excellence are still going ahead, REINT CEO Quentin Kilian told WILLIAMS MEDIA.

Queensland (Qld)Brisbane

The Economy

New Farm has become a real estate hot spot according to Place

Aaron Woolard of Place Estate Agents has never seen the real estate industry so busy in his 12 year career.

Victoria (Vic.)

Politics

Real Estate Institutes join to fight for eased restrictions on the industry

The REIA and REIV have joined forces, requesting the Victorian Government to support Australia's second biggest residential market.

Western Australia (WA)

People

Real Estate's best in the west at REIWA Awards Ball

Western Australia’s real estate professionals came together to celebrate the industry’s best at the 2020 reiwa.com Awards Ball.

National

People

Getting to know Samantha Heads of The Agency

A love for and viewing new homes attracted Samantha Heads of The Agency to a career in real estate.

National

The Economy

Historical house bought virtually: Market Wrap

From an historical house bought via video, a record-breaking off-the-plan sale, a purchase of a TV setting, a swimming star's record sale and a first home buyer, agents from South Australia Sotheby's International Realty, The Agency, Ray White and McGrath Estate Agents have been busy.

National

The Economy

John McGrath – What’s keeping property prices stable?

John McGrath, founder and executive director of McGrath Estate Agents highlights the pandemic property trends.

Victoria (Vic.)Melbourne

Featured Property

Renovated 1930s Toorak maisonette for sale - RT Edgar

1 Kyeamba Grove Toorak for sale by Jeremy Fox and Will Hocking of RT Edgar delivers private, light-filled living with stunning garden surrounds.

Pages

News Roundup

http://www.afr.com/real-estate/41-apartment-owners-selling-site-in-sydneys-macquarie-park-20170606-gwlwmq?eid=Email%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06/09/2016-MarketWrap5PM-dom-business-nnn-afr-u&et_cid=29080966&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/41-apartment-owners-selling-site-in-sydneys-macquarie-park-20170606-gwlwmq%3Feid%3DEmail%3Annn-16OMN00050-ret_newsl-membereng%3Annn-06%252F09%252F2016-MarketWrap5PM-dom-business-nnn-afr-u&Email_name=MW5-06-07&Day_Sent=07062017

Owners selling site in Sydney's Macquarie Park

Macquarie Park in north-west Sydney continues to evolve into a residential suburb, after another 41 apartment owners banded together to sell three unit blocks in one line with hopes of $65m.

The Australian Financial Review

https://www.businessinsider.com.au/australian-property-values-have-risen-nearly-350-in-the-last-20-years-but-there-has-been-two-downturns-2017-6

Australian property values have risen nearly 350% in the last 20 years with two downturns

Sometimes it’s easy to forget there have been bumps along the property road, despite the broad upward trend.

Business Insider

https://www.mortgagebusiness.com.au/breaking-news/11169-fhbs-need-to-save-40-years-for-deposit-ubs?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin07_06_17&utm_medium=email&utm_content=1

FHBs need to save for 40 years for deposit: UBS

It could take ‘typical’ first home buyers 40 years to save enough for a Sydney home deposit, a new report has found.

Mortgage Business

http://www.abc.net.au/news/2017-06-06/the-labor-party-the-chinese-developer-and-seat-in-nsw-parliament/8593684

The Labor Party, Chinese property developer Huang Xiangmo, and the seat in the NSW parliament

"Every donor expects a pound of flesh in return for their contribution, but in China it's a little more than that," China expert Professor John Fitzgerald told 7.30.

ABC

http://www.afr.com/real-estate/brisbane-developer-forceone-offers-a-free-car-to-apartment-buyers-20170607-gwm4x8

Brisbane developer ForceOne offers a free car to apartment buyers

Brisbane developer ForceOne Development is throwing in a Toyota Yaris for each of the next 10 apartment purchases before June 30 but says it's not desperate.

The Australian Financial Review

http://www.mansionglobal.com/articles/64640-vancouver-home-sales-hit-record-high-while-toronto-tumbles?mod=mansion_global_articles_en_wsj_home

Vancouver Home Sales Hit Record High, While Toronto Tumbles

Ontario’s recent government regulations may be taking their toll.

Mansion Global

http://www.theaustralian.com.au/business/property/foreign-buyers-tax-to-have-little-impact-say-analysts/news-story/e628b4c5c09766e7c48638b3f820a44a

Foreign buyers tax to have little impact, say analysts

Sydney was still a lot cheaper than Hong Kong, Shanghai and Singapore; the measures will bring Sydney more in line with other countries in Asia and Canada.

The Australian

http://www.smh.com.au/comment/housing-affordability-package-gives-voters-what-they-want-but-not-what-they-need-20170605-gwkg0r.html

Housing affordability package gives voters what they want but not what they need

Both the Victorian and NSW governments are doing what voters say they want, but voter instincts about the best policies to improve housing affordability are misguided.

The Sydney Morning Herald