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John McGrath – Unprecedented price growth in East Coast regional markets set to continue

John McGrath founder and executive director of McGrath Estate Agents shares his top regional suburb picks for each of the four East Coast states.

New South Wales (NSW)Sydney

Featured Property

Designer Palm Beach home for sale with glorious beach views - The Agency

Overlooking the beach in one northerly panorama 39 Florida Road Palm Beach for sale by Steven Chen and Tim Wenden of The Agency.

Queensland (Qld)Brisbane

Featured Property

Developer's Hawthorne riverfront for sale - Place

The 80 Uhlmann Street Hawthorne home for sale by Sarah Hackett of Place Bulimba, offers a spectacular lifestyle in a sought-after location on the Brisbane River.

New South Wales (NSW)Sydney

Featured Property

For sale Bellevue Hill entertainer - The Agency

53 Kambala Rd Bellevue Hill for sale by Ben Collier of The Agency is reminiscent of a grand estate in the English countryside.

Queensland (Qld)Brisbane

People

Get to know Drew Davies, Director of Place Ascot

Place Ascot's Drew Davies ranks among the top 1% of agents in the country, selling over $120m of Brisbane property in the last year.

Victoria (Vic.)

Featured Property

Flinders Village residence and shop for sale whole or as two separate parcels - Kay & Burton

The retail and residential row at 62-66 Cook Street Flinders for sale by Tom Barr Smith and Ruth Williams of Kay & Burton currently generates 4 income streams.

New South Wales (NSW)Sydney

Featured Property

Sun-kissed family home Woollahra for sale - The Agency

The voluminous home at 27 Wallaroy Road Woollahra for sale by Ben Collier of The Agency is truly luxurious in both scale and design.

National

People

Emerging Australian PropTech RESO announces three new board members

Emerging Australian PropTech RESO (Real Estate Sales Online) has announced the appointment of three new board members.

New South Wales (NSW)Sydney

People

RE/MAX makes upper Northshore home

RE/MAX Metro opens in the Upper Northshore suburb of Gordon next week (21st February) after owner Bryan Sun strategically positions his growing business in a prime market.

National

People

REIA National Awards for Excellence 2022 finalists announced

Finalists of the 17th REIA National Awards for Excellence 2022 have been announced by Real Estate Institute of Australia (REIA).

Pages

News Roundup

https://myaccount.news.com.au/sites/theaustralian/subscribe.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=https%3A//www.theaustralian.com.au/business/property/lendlease-inks-deal-to-build-and-operate-retirement-village-in-shanghai/news-story/fe28b7ed0e07e36c3a4caed1fd2b6696&memtype=anonymous

Lendlease inks Shanghai deal

Lendlease is set to expand into China’s retirement village market, as it beds down a $400m project in Shanghai.

The Australian

https://www.brisbanetimes.com.au/national/queensland/brisbane-s-inner-city-rental-market-tightens-while-the-suburbs-ease-20180422-p4zb03.html

Brisbane's inner-city rental market tightens while the suburbs ease

The rental vacancy rate in Brisbane's inner-city has tightened, while the market has eased slightly in the suburbs.

The Brisbane Times

https://www.smh.com.au/national/nsw/homeowners-with-grenfell-like-cladding-could-face-price-drop-labor-warns-20180422-p4zb16.html

Homeowners with Grenfell-like cladding could face price drop, Labor warns

The NSW opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.

Sydney Morning Herald

https://www.realestate.com.au/news/former-afl-player-pays-over-100-million-for-brandon-park-shopping-centre/?rsf=syn%3Anews%3Anca%3Ahs%3Aspa

Former AFL player pays over $100 million for Brandon Park shopping centre

Troubled Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Herald Sun

https://www.theage.com.au/national/150m-in-compo-sought-over-failed-insulation-batts-program-20180422-p4zb1g.html

$150m in compo sought over failed insulation batts program

Installers and manufacturers affected by the Rudd government's failed home insulation program will seek $150 million in damages in a class action to be launched on Monday.

The Age

http://www.afr.com/real-estate/a-sustainable-access-to-credit-is-key-to-solving-housing-affordability-20180420-h0z1yv

A sustainable access to credit is key to solving housing affordability

A better housing blueprint, financial literacy for homebuyers and a sustainable access to credit following the banking royal commission are critical to the resolution of Sydney and Melbourne's housing affordability issue.

The Australian Financial Review

http://www.abc.net.au/news/2018-04-23/live-banking-royal-commission-amp-board/9686898

Banking royal commission examines dodgy financial advice as shareholders consider rolling AMP board

The financial services royal commission will continue hearing evidence about many instances of inappropriate financial advice given to customers, with ANZ, AMP and NAB scheduled to appear.

ABC

https://www.theaustralian.com.au/business/property/buyers-beware-markets-havent-finished-falling-yet/news-story/2550977c2457cb11027f91ab894a53d1?login=1

Buyers beware: markets haven’t finished falling yet

Even in the still undersupplied Sydney market, we don’t expect the next upswing for another three to four years, and by then rising interest rates may slow the recovery.

The Australian