The Real Estate Conversation

Contact

Featured Property

1876 limestone estate: ‘Karacoum’

Featuring views to Delgany Castle, this beautiful home preserves the best of old Portsea with the modern comforts for beachside living. For sale by Liz Jensen and Lorna Duffy of Kay & Burton.

South Australia (SA)

The Economy

Optimism in housing market for South Australia, says REISA

Despite a low volume of sales, the Real Estate Institute of South Australia says median house prices are at record levels this quarter.

South Australia (SA)

People

Ouwens Casserly comes away with double win

Ouwens Casserly Projects has won the Urban Development Institute of Australia (UDIA) Marketing Excellence 2019 Award along with the 2019 REISA award for Project Marketing Developments

National

The Economy

September apartment building approvals on the rise

Building approvals for new apartments and units leapt by 16.1 per cent during the month of September according to Master Builders Australia.

National

The Economy

Confidence returning to housing market, says HIA

HIA's Affordability Index is reflecting a positive upturn and an improvement in Aussies being able to buy a house.

Queensland (Qld)

The Economy

Queensland regional building approvals lead the way

When construction and building shows a change, this can have an effect on local communities, says Paul Bidwell of Master Builders

Victoria (Vic.)

Featured Property

Historically significant Fyansford property

This character-filled residence offers a blank canvas of potential close to Geelong CBD. For sale by Peter Fort and Dale Whitford of Whitford.

National

The Economy

Capital city auction volumes down as Melbourne goes to the races

Auction volumes in the capital cities were down by 41. 5 per cent over the week due to Melbourne's Spring Racing Carnival.

Victoria (Vic.)Melbourne

Design

Solar packaged townhomes will fight rising energy costs

Woodlea launches smart solar packaged townhomes empowering residents to save money on electricity.

Queensland (Qld)Sunshine Coast

The Economy

First office in Queensland for Better Homes and Gardens Real Estate

Better Homes and Gardens Real Estate has opened its first office in Caloundra on the Sunshine Coast.

Pages

News Roundup

http://www.abc.net.au/news/2016-10-20/graziers-challenge-rinehart-with-bid-for-kidman-cattle-empire/7948490

S Kidman and Co: Australian graziers challenge Gina Rinehart with home-grown bid for cattle empire

The first entirely Australian offer for the Kidman cattle empire is due to be lodged this weekend and will be higher than Gina Rinehart's Australian-Chinese bid.

The ABC

http://www.news.com.au/finance/real-estate/buying/the-move-to-privatise-the-nsw-land-titles-registry-could-push-costs-up-further-for-homebuyers/news-story/5f2d53833f0f64f78a6d2c78649aaf30

The move to privatise the NSW land titles registry could push costs up further for homebuyers

Concerns are mounting that the privatisation of the NSW land titles registry will push up the cost of buying a home in the country’s least affordable state.

news.com.au

http://www.afr.com/real-estate/commercial/hotels-and-leisure/cowboy-developers-face-1m-in-penalties-over-pub-destruction-20161018-gs4pw3#ixzz4NQ1TEh9j

'Cowboy' developers face $1m in penalties over pub destruction

The developers who illegally demolished a 159-year-old Melbourne pub could face penalties of up to $1m and be forced to rebuild the facade as government, community and the development industry unite in outrage.

The Australian Financial Review

http://www.theaustralian.com.au/life/weekend-australian-magazine/moralisers-we-need-you/news-story/6bdb24f77572be68330bd306c14ee8a3

Moralisers, we need you!

"How can young people afford to eat like this? Twenty-two dollars several times a week could go towards a deposit on a house," writes Bernard Salt.

The Australian

https://www.theguardian.com/news/datablog/2016/oct/18/are-millennials-actually-bad-at-saving-or-are-houses-just-unaffordable?CMP=soc_567

Are millennials actually bad at saving or are houses just unaffordable?

Generation Y is often criticised for spending on luxury items but figures suggest they’re saving more than they used to and are faced with increasingly difficult-to-afford house prices.

The Guardian

http://thenewdaily.com.au/money/property/2016/10/14/underquoting-widespread/

‘Underquoting is so widespread I can’t hire real estate agents’

A Victorian real estate agent has been barred by a local newspaper from buying an advertisement warning readers of how widespread underquoting is in his industry.

The New Daily

http://www.theaustralian.com.au/business/property/developers-move-to-control-property-risk/news-story/caa586f075fb734a656c14564fdba5bd

Developers move to control property risk

Melbourne developer Golden Age will put a 20% cap on the ratio of overseas buyers, mostly Chinese, in its latest Sydney apartment project to lessen settlement risk.

The Australian

http://www.afr.com/real-estate/sydney-property-owner-makes-900pc-return-in-a-decade-20161017-gs4gfe

Sydney property: Owner makes 900pc return in a decade

Two doctors cashed in on the hot Sydney market, selling a Double Bay property that housed their practice for 40 years, for $4.61m on Monday.

The Australian Financial Review