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Australia’s relationship with the regions; eternal love or fleeting affair? - CoreLogic

More space, flexible working conditions and affordability has successfully tempted property buyers to Australia’s regional areas, fuelling a surge in property values and drastically reducing selling times.

National

The Economy

John McGrath – Is selling sooner better than later in 2022?

John McGrath founder and executive director of McGrath Estate Agents, looks at when to sell in 2022, especially with the first 6 months being slightly unusual, with several calendar events impacting the flow of market activity.

New South Wales (NSW)Sydney

Featured Property

Tied to Lang Hancock Wharncliffe for sale - The Agency

Location of Lang Hancock and Rose Lacson wedding the 7500sqm Killara estate for sale by Steven Chen and Michael Chen of The Agency Projects

New South Wales (NSW)Sydney

Featured Property

10 hectare Arcadia estate for sale – Ray White

24 Geelans Road Arcadia for sale by Sandra Ward of Ray White Dural is an equestrian lover’s dream with paddocks, stables and a floodlit Olympic sized arena.

Queensland (Qld)Brisbane

Featured Property

180-degree Brisbane River and city views for sale - Place

The luxe Shaun Lockyer designed Norman Park home for sale by Heath Williams of Place New Farm and Sarah Hackett of Place Bulimba.

New South Wales (NSW)Sydney

Featured Property

Grand Centennial Park Federation for sale - The Agency

The Lang Road home for sale by Ben Collier of The Agency is one of the area's finest homes.

Queensland (Qld)Brisbane

Featured Property

Substantial Clayfield home for sale on 1,011sqm - Place

This grand Brisbane residence for sale by Drew Davies and Patrick McKinnon of Place Ascot, features stunning outdoor entertaining spaces and Moreton Bay outlooks from the upper level.

Queensland (Qld)Brisbane

Featured Property

c.1890 Ascot Queenslander sold by Place in 1 week

The stunning Towers Street home sold by Patrick McKinnon and Jill Wright of Place Ascot sits on approx 771sqm close to Brisbane’s CBD.

New South Wales (NSW)Sydney

Featured Property

Architect’s Ashfield family home sold prior to auction – The Agency

Designed by award-winning architect Rachel Neeson for her parents, the Tintern Road home sold above guide by Shad Hassen and Danny Hassen of The Agency.

Queensland (Qld)Brisbane

Featured Property

3,339sqm Brisbane riverfront property sold by Place New Farm

The expansive Shaun Lockyer designed Graceville home sold by Heath Williams and Ann-Karyn Fraser of Place New Farm for $6.75m.

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News Roundup

http://www.afr.com/real-estate/mortgage-delinquencies-to-rise-moderately-as-house-prices-fall-ratings-agencies-20180412-h0ynrd

Mortgage delinquencies to rise moderately as house prices fall

Ratings agency Moody's has warned mortgage delinquencies will increase moderately in 2018 as house prices soften, especially against low wage growth, and possible interest rate hikes.

The Australian Financial Review

https://www.architecturaldigest.com/gallery/tour-homes-norman-foster-frank-gehry-famous-architects?mbid=nl_04112018PM_Weekly&CNDID=22176954&spMailingID=13289320&spUserID=MjM4ODc1NTYxNTY2S0&spJobID=1380892180&spReportId=MTM4MDg5MjE4MAS2

Tour the Homes of Norman Foster, Frank Gehry, and Other Famous Architects

Walk through the stunningly designed spaces that legendary architects call home.

Architectural Digest

http://www.afr.com/real-estate/sydney-land-prices-fall-for-first-time-in-two-years-as-melbourne-hits-new-high-20180412-h0yoin

Sydney land prices fall for first time in two years as Melbourne hits new high

Sydney land prices fell 6.3% in the December quarter – nearly three times the decline of the overall residential land market.

The Australian Financial Review

https://www.teachermagazine.com.au/articles/the-worlds-most-innovative-school-architecture

The world’s most innovative school architecture

The German School is the largest civil architecture project by German architects abroad, and won an World Architecture Festival prize in 2016

Teacher

http://www.afr.com/real-estate/residential/vic/melbourne-land-crisis-deepens-as-median-residential-lot-price-hits-346000-20180411-h0ylx5

Melbourne land crisis deepens as median residential lot price hits $346,000

Rampant lot price growth in Melbourne's outer suburbs is showing no sign of slowing down, with the median lot price up nearly $100,000 or 39% in 12 months.

The Australian Financial Review

https://www.theaustralian.com.au/business/property/ahuri-backs-incentives-for-affordable-homes/news-story/42d24c3e8b1607c8c79e7d0b1e39f35e

AHURI backs incentives for affordable homes

Incentives and density bonuses for developers can help create more affordable housing for low income groups, following the experience of the US and Britain.

The Australian

http://www.abc.net.au/news/2018-04-11/real-estate-agent-crowdfunds-rent-pension-issues/9636184

Real estate agent crowdfunds client's rent after pension cut

Dark Holbrook fell behind with his rent after Centrelink mistakenly believed he was receiving an allowance from the UK where he once served in the military.

ABC

http://www.afr.com/real-estate/future-is-unclear-for-kushner-companies-666-fifth-avenue-office-tower-20180411-h0ylv3

Future is unclear for Kushner Companies' 666 Fifth Avenue office tower

Kushner Companies has been in a very public, three-year hunt for an investor to take over part of the Fifth Avenue office tower's $1.8 billion mortgage.

The Australian Financial Review