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Seven regional centres record price growth in March quarter - REIWA

REIWA President Damian Collins said REIWA data for the March 2021 quarter showed the state’s housing boom was very much being experienced across the regions too.

National

The Economy

Rents continue recovery from COVID impact - REIA

The March 2021 quarter CPI figures show that the rental market continued its recovery from the impact of the COVID pandemic in most capital cities, according to the Real Estate Institute of Australia (REIA).

Queensland (Qld)Brisbane

Featured Property

Luxurious mountain sanctuary with views to the Story Bridge Auction 1 May - Place

This tri-level home balances exclusivity with proximity to local conveniences and Brisbane’s CBD. For sale by Dion Tolley of Place Bulimba.

New South Wales (NSW)

People

DiJones creates advisory board to empower innovation and growth

DiJones will implement an advisory board as the formal leadership structure of the business, in a move that further strengthens its status as the largest independently owned real estate company in New South Wales.

National

The Economy

The Agency Autumn Report 2021

During March combined capital city dwelling values grew by 2.8%, the fastest growth in 32 years. The Agency report suggests market growth and high clearance rates will continue but may balance out by the end of the calendar year.

New South Wales (NSW)

People

Get to know Corey Moret of REAL Specialists

Corey set 13 street records during COVID-19, despite the tough market conditions.

National

The Economy

CoreLogic’s Q1 Rental Review reveals diversity of rental conditions

CoreLogic’s Rental Review for the March 2021 quarter revealed a surge in national rental rates of 3.2% however the drivers of this growth are diverse, with the regions, Darwin and Perth collectively driving much of the increase.

New South Wales (NSW)

People

McGrath provides FY21 Profit Guidance and Trading Update

McGrath’s positive first half FY21 momentum continues in second half.

National

The Economy

John McGrath – Houses are booming but apartments offer value

With so much discussion about the booming market these days, John McGrath founder and executive director of McGrath Estate Agents, discusses how one of the greatest buying opportunities is being overlooked.

Queensland (Qld)Gold Coast

Featured Property

Eclectic home 450m from Coolangatta beach sold for $1,230,000 - REAL Specialists

Set up for dual occupancy potential, the home is positioned to enjoy the lifestyle the Gold Coast has to offer. Sold by Cait Hodge of REAL Specialists.

Pages

News Roundup

http://www.latimes.com/business/la-fi-retail-housing-20170929-story.html#nws=mcnewsletter

Dying shopping malls can make room for new condos and apartments

The demise of retail centres across the US provides one of the best chances to add needed housing in California’s urban regions.

LA Times

https://www.smartpropertyinvestment.com.au/news/16916-no-evidence-chinese-buyers-are-driving-up-housing-prices?utm_source=SmartPropertyInvestment&utm_campaign=09_10_17&utm_medium=email&utm_content=2

‘No evidence’ Chinese buyers are driving up housing prices

Despite the public perception that Chinese buyers are pushing up housing prices, there’s “no evidence” of this, according to a new report from China research group, Cross Border Management.

Smart Property Investment

http://www.abc.net.au/news/2017-10-08/inner-city-retirement-high-rises-increasing-perth/9024936

'Like living on a cruise ship': WA retirement villages enter a new generation

A projected shortage of retirement village units over the next decade has left those in the industry scrambling to catch up, as discerning seniors demand ever more sophisticated facilities at their new homes.

ABC

http://www.smh.com.au/business/property/the-8b-exodus-sydney-home-owners-are-selling-up-and-queensland-is-the-big-winner-20171005-gyvdco.html

The $8 billion Sydney exodus

Sydney home owners are selling up and Queensland is the big winner

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/the-downside-of-purplebricks-12000-fee-house-still-for-sale-20171005-gyuple

The downside of Purplebricks: $12,000 fee, house still for sale

When Kerryn Lehmann decided to sell her Sydney home through Purplebricks, she thought she'd save thousands in commission, but she hasn't sold her house and has been left with a $12,000 bill.

The Australian Financial Review

https://www.dezeen.com/2017/10/05/neave-brown-interview-high-rise-buildings-only-for-very-rich-social-housing/?utm_medium=email&utm_campaign=Dezeen%20Mail%20538&utm_content=Dezeen%20Mail%20538%20Version%20A%20CID_1727bdb18744c26781ddd4023256eee7&utm_source=Dezeen%20Mail&utm_term=Read%20the%20interview

High-rise buildings should only be used to house the very rich, says Neave Brown

Tower blocks like Grenfell should never have been built, says 2018 Royal Gold Medallist Neave Brown, who believes high-rise housing ostracises council tenants.

Dezeen

https://theconversation.com/vital-signs-the-data-is-mixed-but-worrying-signs-from-mortgagees-85035

Vital Signs: the data is mixed but worrying signs from mortgagees

In the US leading up to 2008, many borrowers with adjustable-rate mortgages didn’t realise the rates ratcheted up sharply after a period.

The Conversation

https://sourceable.net/australia-must-improve-waterproofing-standards-practices/

Australia Must Improve Waterproofing Standards and Practices

Australian waterproofing standards and practices lag those in the UK and the US, says Paul Evans, President of the Australian Institute of Waterproofing.

Sourceable