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Monetary policy remains conducive to house price growth, but headwinds could be on the horizon - CoreLogic

RBA maintained its current monetary policy settings, with the cash rate target remaining at 0.1%, and the interest rate on exchange settlement balances at 0.0%.

National

The Economy

What can go wrong when converting management authorities – A case study

There is often a great misunderstanding of the processes when selling a rent roll specifically as to what constitutes the sale of the portfolio.

National

The Economy

John McGrath – The Value Buy: Inner Ring Apartments

John McGrath founder and executive director of McGrath Estate Agents says the softening in apartment values due to the closed international borders is temporary and in the meantime, local buyers have the advantage.

National

People

RE/MAX adds two key corporate team members

RE/MAX Australia announced two strategic appointments Chris Fox RE/MAX Business Growth Manager and Daniel Mumford RE/MAX Client Engagement Manager. RE/MAX Managing Director Joel Davoren said the two latest additions to the team were a sign of strength and growth in the innovative, agile RE/MAX network.

New South Wales (NSW)Sydney

Featured Property

Bronte beachfront home for sale with breathtaking ocean views – The Agency

This Bronte Beach home for sale by Ben Collier of The Agency is one of the closest to the sand.

Western Australia (WA)Perth

Featured Property

Gidgegannup acreage for sale offering award-winning luxury outside of Perth - The Agency

This prestigious Gidgegannup property for sale by Kerrie-lee Marrapodi of The Agency, showcases a distinctive modern façade on acres of natural beauty.

Queensland (Qld)Brisbane

Featured Property

Bardon Art Deco residence “like a permanent vacation” – Place Kangaroo Point

The elegant sanctuary in Bardon for sale by Rebecca Russell and Simon Caulfield of Place Kangaroo Point, features a contemporary update and phenomenal Bardon views.

Victoria (Vic.)Melbourne

Featured Property

Albert Park family home for sale with cutting edge design - The Agency

Featuring a zen-like courtyard and contemporary interiors, the 3-bedroom Albert Park home for sale by Michael Paproth and Ben Hughes of The Agency.

Victoria (Vic.)Melbourne

Featured Property

Reimagined St Kilda oasis for sale - The Agency

Delivering cutting edge living in the heart of the seaside suburb, this single level St Kilda home for sale by Sam Hobbs and Justin Reed of The Agency.

Queensland (Qld)Brisbane

Featured Property

Mariner’s Reach' apartment sold by Ray White for building record in 1 day

The Newstead riverfront apartment sold by Christine Rudolph and Pauline Karatau of Ray White New Farm, who told WILLIAMS MEDIA they had 30 enquiries on the property within the first hour of listing.

Pages

News Roundup

https://www.mortgagebusiness.com.au/breaking-news/11950-fhbs-urged-to-wait-on-the-sidelines

FHBs urged to ‘wait on the sidelines’

CoreLogic's Cameron Kusher has urged first home buyers to “wait on the sidelines” and “pay attention to the market conditions” before purchasing their first home, and not to be "lured" into purchasing property by “attractive incentives".

Mortgage Business

https://www.theaustralian.com.au/business/property/levy-change-could-boost-newhome-price-50000/news-story/e48f9c97efe0fd8e4484f9b8896a7fae

Levy change ‘could boost new-home price $50,000’

House prices on greenfield sites in Sydney could rise by as much as $50,000 following the NSW government’s decision to uncap infrastructure levies on developers.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11953-major-bank-rolls-out-ccr-for-customers

Major bank rolls out CCR for customers

The Treasurer has said that CCR could result in “better deals” on loans, as it will enable lenders to access both positive and negative credit reports.

Mortgage Business

https://theconversation.com/teslas-virtual-power-plant-might-be-second-best-to-real-people-power-90319

Tesla’s ‘virtual power plant’ might be second-best to real people power

A Bruny Island Battery trial allows people to produce and store energy for themselves, and also share it, reducing pressure on the network.

The Conversation

http://www.afr.com/real-estate/mcgrath-assembles-new-board-peter-lewis-tipped-to-be-chairmain-20180219-h0wak1

McGrath assembles new board

McGrath has assembled a new board to be chaired by former Seven West Media chief financial officer Peter Lewis.

The Australian Financial Review

https://www.architecturaldigest.com/story/best-indoor-trees-and-big-plants?mbid=nl_02182018PM_Weekly&spMailingID=12950776&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1341512880&spReportId=MTM0MTUxMjg4MAS2

The best plants to grow in your living room

And tips for keeping them alive and well for longer than one second.

Architectural Digest

http://www.afr.com/real-estate/distressed-1-millionplus-property-sales-a-warning-to-mortgage-holders-20180214-h0w32e

Distressed $1 million-plus property sales a 'warning' to mortgage holders

Estate agents Andrew Fawell has valued four distressed – or mortgagee – sales in the past two weeks for houses and apartments valued between $1m and $2.5m in Melbourne's coveted, prestigious and expensive inner south-east fringe.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11945-rba-keen-to-see-household-debt-moderate-for-run-of-years

RBA keen to see household debt moderate for ‘run of years’

The head of the RBA doesn’t want the rate of growth of housing costs and debt to outstrip income growth as it has over the past five years.

Mortgage Business