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Featured Property

Four-level Tweed Heads home with enormous roof top deck for sale - REAL Specialists

The 5-bedroom home at 3 Mugga Way, for sale by Kasey Pereira of REAL Specialists is central to everything Tweed and the Gold Coast have on offer

New South Wales (NSW)Sydney

The Economy

Growth in Australian housing values continues to lose steam as Sydney records first decline in 17 months - CoreLogic

According to CoreLogic’s director of research, Tim Lawless, every capital city and broad ‘rest of state’ region is now recording a slowing trend in value growth, albeit with significant diversity.

Queensland (Qld)Brisbane

Place Estate Agents now open 24/7 with Propic AI

Place CEO, Damian Hackett, says the AI tools from Propic are “brilliant” and will free up his 500-strong team to focus more productively on activities that attract them to working at Place.

New South Wales (NSW)

People

BresicWhitney appoints Will Gosse to COO delivering on its new leadership strategy

BresicWhitney director and shareholder, Will Gosse, has been appointed to the role of Chief Operating Officer to oversee day-to-day operations and execute key leadership initiatives.

Queensland (Qld)Brisbane

Featured Property

Saturday auction $10.1m sold under the hammer by Heath Williams and Sarah Hackett - Place

Huge interest and great result for 59 Buena Vista Avenue Coorparoo and 31 Waldo Street Norman Park sold by Heath Williams of Place New Farm and Sarah Hackett of Place Bulimba.

People

Troy Malcolm appointed as National General Manager of Sales of McGrath

McGrath bolsters its executive team with the key appointment of Troy Malcolm to drive growth and productivity for its agent network.

National

The Economy

John McGrath – International border reopening will impact the home advantage for inner city buyers

According to John McGrath founder and executive director of McGrath Estate Agents, local buyers have little time left to take advantage before international competition fully resumes.

Queensland (Qld)Brisbane

Featured Property

Milbank Bulimba Brisbane River home for sale - Place

Riverhome 2, 11 Byron Street Bulimba for sale by Sarah Hackett and Charmaine McDonald of Place Bulimba looks out across the Brisbane River to Hamilton Hill and beyond.

Victoria (Vic.)Melbourne

Featured Property

Stanhope by Kincrest luxury South Yarra penthouse for sale - Kay & Burton

The Penthouse at 1 Stanhope Court for sale by Matt Davis and Peter Kudelka of Kay & Burton, delivers timeless luxury with a South Yarra address.

New South Wales (NSW)Sydney

Featured Property

Entire floor Queen Residences Woollahra apartment for sale - The Agency and Highland

2/135 Queen Street Woollahra for sale by Steven Chen of The Agency Projects and Bill Malouf of Highland Property, is the last available Queen Residence apartment following the sale of the penthouse for $13m.

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News Roundup

https://myaccount.news.com.au/sites/theaustralian/subscribe.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=https%3A//www.theaustralian.com.au/business/property/lendlease-inks-deal-to-build-and-operate-retirement-village-in-shanghai/news-story/fe28b7ed0e07e36c3a4caed1fd2b6696&memtype=anonymous

Lendlease inks Shanghai deal

Lendlease is set to expand into China’s retirement village market, as it beds down a $400m project in Shanghai.

The Australian

https://www.brisbanetimes.com.au/national/queensland/brisbane-s-inner-city-rental-market-tightens-while-the-suburbs-ease-20180422-p4zb03.html

Brisbane's inner-city rental market tightens while the suburbs ease

The rental vacancy rate in Brisbane's inner-city has tightened, while the market has eased slightly in the suburbs.

The Brisbane Times

https://www.smh.com.au/national/nsw/homeowners-with-grenfell-like-cladding-could-face-price-drop-labor-warns-20180422-p4zb16.html

Homeowners with Grenfell-like cladding could face price drop, Labor warns

The NSW opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.

Sydney Morning Herald

https://www.realestate.com.au/news/former-afl-player-pays-over-100-million-for-brandon-park-shopping-centre/?rsf=syn%3Anews%3Anca%3Ahs%3Aspa

Former AFL player pays over $100 million for Brandon Park shopping centre

Troubled Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Herald Sun

https://www.theage.com.au/national/150m-in-compo-sought-over-failed-insulation-batts-program-20180422-p4zb1g.html

$150m in compo sought over failed insulation batts program

Installers and manufacturers affected by the Rudd government's failed home insulation program will seek $150 million in damages in a class action to be launched on Monday.

The Age

http://www.afr.com/real-estate/a-sustainable-access-to-credit-is-key-to-solving-housing-affordability-20180420-h0z1yv

A sustainable access to credit is key to solving housing affordability

A better housing blueprint, financial literacy for homebuyers and a sustainable access to credit following the banking royal commission are critical to the resolution of Sydney and Melbourne's housing affordability issue.

The Australian Financial Review

http://www.abc.net.au/news/2018-04-23/live-banking-royal-commission-amp-board/9686898

Banking royal commission examines dodgy financial advice as shareholders consider rolling AMP board

The financial services royal commission will continue hearing evidence about many instances of inappropriate financial advice given to customers, with ANZ, AMP and NAB scheduled to appear.

ABC

https://www.theaustralian.com.au/business/property/buyers-beware-markets-havent-finished-falling-yet/news-story/2550977c2457cb11027f91ab894a53d1?login=1

Buyers beware: markets haven’t finished falling yet

Even in the still undersupplied Sydney market, we don’t expect the next upswing for another three to four years, and by then rising interest rates may slow the recovery.

The Australian