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Real Specialists to launch a new brand

The team behind Real Specialists is set to launch a new brand in the coming weeks which will represent the services provided to agents, distinguishing itself from the existing Real Specialists brand.

New South Wales (NSW)

Featured Property

Near new Altitude Estate home with dual living potential and stunning views - REAL Specialists

Altitude Estate home for sale by Marisol Moylan of REAL Specialists.

Queensland (Qld)Brisbane

People

Get to know Joanne Murphy of Brisbane Choice Realty

Joanne draws on her experience in sales and property management in the USA, focusing on the inner-north suburbs of Brisbane.

National

The Economy

CoreLogic: National rents record highest annual growth in over a decade

CoreLogic’s Rental Review for the June 2021 quarter shows despite rental growth slowing over recent months, the latest figures take national rental rates 6.6% higher over the year; the highest annual growth in dwelling rents since January 2009.

Western Australia (WA)Perth

The Economy

Perth vacancy rate increases to 10 month high in June - REIWA

The Perth vacancy rate increased to 1.2 per cent in June 2021, the highest-level Perth has seen since August 2020.

National

The Economy

John McGrath – Investors replacing first home buyers

Investor activity across Australia has soared in recent months, with the highest amount borrowed to buy investment properties since mid-2015, however, John McGrath founder and executive director of McGrath Estate Agents cautions investors not to overextend for fear of missing out.

Queensland (Qld)Brisbane

Featured Property

Architectural Bardon home with sweeping views - Place West

This multi-level residence presents outstanding lifestyle appeal in a quiet, elevated location. For sale by Sacha Hennessy of Place West.

Victoria (Vic.)Melbourne

People

Gardenridge director Don Thomson: designing and building gardens fulfills 'a creative spirit'

Award winning landscape company Gardenridge designs well-considered, well-built, and well-cared for gardens in Melbourne.

New South Wales (NSW)Sydney

Featured Property

Neutral Bay Federation Semi sold for first time in 20 years – The Agency

Sold by Dino Gatti and Adrian Garcia of The Agency for “well above” the top end of price guide range of $5.5m.

Queensland (Qld)Brisbane

Featured Property

Wooloowin contemporary sanctuary sold by Place

The family friendly home designed by Profile Architecture was sold by Patrick McKinnon and Jill Wright of Place Ascot for an undisclosed price.

Pages

News Roundup

https://www.architecturaldigest.com/story/introducing-the-2018-ad100

Introducing the 2018 AD100

Architectural Digest's top 100 designers. See who made this year's list.

Architectural Digest

http://www.afr.com/markets/equity-markets/almost-half-of-all-housing-booms-end-in-tears-says-reserve-bank-of-new-zealand-20171206-h00aq2

Almost half of all housing booms end in tears, says RBNZ

When a housing bubble collapses it doesn't always mean a financial crisis will follow.

The Australian Financial Review

https://www.theguardian.com/business/2017/dec/04/art-set-to-become-best-performing-luxury-investment-asset-of-2017

Fine art to topple fine wine in 2017 luxury investment league

Rich investors burned in the financial crisis are back in the market for modern masterpieces, according to Knight Frank luxury investment index.

The Guardian

http://www.news.com.au/finance/real-estate/brisbane-qld/more-than-a-quarter-of-new-qld-homes-sell-to-foreign-buyers-anz/news-story/f013209375cee950936a323dcf1c6f99

More than a quarter of new QLD homes sell to foreign buyers: ANZ

More than a quarter of new homes built in Queensland are being bought by foreign buyers, new research from ANZ reveals. Foreign investors are estimated to have bought between...

news.com.au

http://www.afr.com/real-estate/rising-rental-guarantee-incentives-a-worrying-sign-for-apartments-20171205-gzyzc2

Rising rental guarantee incentives a worrying sign for apartments

Real estate agents and developers are offering rental guarantees, even advertising on personal ad website Gumtree, in a bid to push sales in a slowing housing market.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/investment/auction-flop-highlights-gap-between-buyers-and-sellers-20171204-gzy815

Auction flop highlights gap between buyers and sellers

A commercial property portfolio auction delivered the lowest clearance rate of the year, highlighting the gap between vendor expectations and what investors are willing to pay.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/thomas-family-buy-historic-mt-schanck-station-for-50m/news-story/4f505eb4cf42614c58bdb6cbaedcb01a

Thomas family buys historic Mt Schanck station for $50m

The Thomas family, which operates Australia’s largest fully family-owned meat-processing company, has snapped up the iconic Mt Schanck station in South Australia’s southeast.

The Australian

https://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/78821-underquoting-fine-on-nine-hockingstuart-doncaster-listings.html?utm_source=Property%20Observer%20List&utm_campaign=04bb4f505e-EMAIL_CAMPAIGN_2017_09_28&utm_medium=email&utm_term=0_a523fbfccb-04bb4f505e-245501829

Underquoting fine on nine Hockingstuart Doncaster listings

The Doncaster office of the real estate agency Hocking Stuart has been fined $160,000 by the Federal Court for underquoting on property listings.

Property Observer