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Queensland (Qld)Brisbane Gold Coast Sunshine Coast

RE/MAX Australia financial arm named Queensland brokerage of the year

Pivotal Financial, the finance arm for RE/MAX Australia named Brokerage of the year at Connective Excellence Awards for QLD. “This is a huge achievement four years into our new brand and business,” said Pivotal Financial General Manager, Matthew Andrews.

National

The Economy

Australian housing market surpasses $9 trillion valuation - CoreLogic

CoreLogic has today announced its estimate of the total value of residential real estate in Australia has surpassed a new record of $9.1 trillion.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

Consolidated Properties Group marks major milestone in diversity journey

Consolidated Properties Group boss Don O’Rorke has hailed its now female-dominated office as Hannah Tohill and Demi Panagakos both take up the positions of Residential Development Manager and Denai Rex as Assistant Development Manager.

National

The Economy

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.

Pages

News Roundup

http://www.afr.com/markets/get-ready-for-the-next-property-cycle-bank-of-americamerill-lynch-20180225-h0wmp7

Get ready for the next property cycle: Bank of America-Merrill Lynch

A record number of new apartments is set to hit the market this year, moderating the property market and leading to fewer housing starts and the onset of under supply come 2020.

The Australian Financial Review

http://www.architectureanddesign.com.au/news/sydney-developer-buys-up-nurseries-to-secure-plant?utm_source=Industry%20Newsletter&utm_campaign=2a1f6f4e13-Industry%2520Newsletter%2520-%252020180226084200&utm_medium=email&utm_term=0_b6d140c101-2a1f6f4e13-136160237

Sydney developer buys up nurseries to secure plant supply for future builds

Barangaroo-based property developer Romeciti has purchased two nurseries, North Rocks Greenery and Camden Nursery, in a move that will give them the ability to guarantee green landscapes in their urban projects.

Architecture & Design

http://www.afr.com/personal-finance/small-business-bosses-use-home-equity-as-piggy-banks-to-keep-doors-open-20180222-h0wh4d

Small businesses use home equity as 'piggy banks' to keep doors open

Small business bosses are being forced to use their homes as 'piggy banks' to sustain cash flow, pay wages and keep their doors open shows analysis of residential property refinancing.

The Australian Financial Review

https://www.smartpropertyinvestment.com.au/renovation/17613-how-to-avoid-being-hit-by-a-200-000-renovation-fine?utm_source=SmartPropertyInvestment&utm_campaign=26_02_18&utm_medium=email&utm_content=2

How to avoid being hit by a $200k renovation fine

When you want to inject value into your portfolio, the last thing you want to do is be hit with a large fine.

Smart Property Investment

http://www.abc.net.au/news/2018-02-26/wa-subcontractors-left-in-debt-as-bcl-group-enters-liquidation/9484052

BCL Group collapse fresh blow for WA building industry

WA subcontractors have been saddled with further debts after civil landscaping company BCL Group went into liquidation, following the appointment of administrators at Cooper and Oxley and Choice Living in the last month.

ABC

http://www.afr.com/news/policy/tax/expat-property-fire-sale-expected-20180223-h0wja9

Capital gains tax exemption changes expected to ignite expat property fire sale

Expatriates will not be entitled to a 50 per cent discount on capital gains if they sell the family home.

The Australian Financial Review

https://www.commercialrealestate.com.au/news/seven-of-australias-best-heritage-redevelopments-shortlisted-for-national-award/

Seven of Australia's best heritage redevelopments shortlisted for national award

Old is the new new in the world of commercial real estate.

Commercial Real Estate

https://www.domain.com.au/news/air-space-above-tamarama-apartments-sold-for-penthouse-construction-part-of-national-trend-20180225-h0wek5/

Air space above Tamarama apartments sold for penthouse construction part of national trend

An increasing number of apartment blocks seek to make the most of empty space on their rooftops.