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McGrath appoints Michael Murray as Head of Company Sales

McGrath Estate Agents today announced that Michael Murray has been appointed Head of Company Sales for the group with a clear mandate to grow overall agent numbers, productivity and marketshare.

New South Wales (NSW)

Featured Property

Natural paradise close to Lismore with additional income - REAL Specialists

Create a dream country home with pastural views just half an hour from the beach and 10 minutes from Lismore. For sale by Jodie Mitchell of REAL Specialists.

Western Australia (WA)Perth

The Economy

Perth median house price above $500,000 for first time since 2018 - REIWA

REIWA President Damian Collins said reiwa.com data showed Perth’s median house sale price had increased to $508,000 during April.

National

The Economy

CoreLogic: Home values continue to rise but the pace of growth loses steam in April

Australian housing values lifted by 1.8% in April according to CoreLogic’s national home value index, with the monthly pace of capital gains easing from a 32-year high in March (2.8%).

National

The Economy

John McGrath – Why 3 in 10 homes are selling pre-auction & how to buy this way

John McGrath founder and executive director of McGrath Estate Agents looks at why vendors are choosing to sell prior to auction when clearance rates are so high.

New South Wales (NSW)

Featured Property

One Patonga: Luxury beachside escape – Cullen Royle

This luxe NSW Central Coast retreat is for sale by Deborah Cullen of Cullen Royle in conjunction with Trent Iverson of Harris Iverson.

New South Wales (NSW)Sydney

Featured Property

Waterfront luxury with views over Sydney and the Bay – Ray White

Enviably positioned on the Bay Run circuit, this bespoke family home presents as a home of distinction in a prime foreshore location. For sale by Chris Wilkins of Ray White Drummoyne.

New South Wales (NSW)Sydney

Featured Property

Resort style living in Paddington's best street - The Agency

Tranquil and open, yet embedded within the vibrant Paddington lifestyle, this freestanding home is for sale via Ben Collier of The Agency.

Victoria (Vic.)Melbourne

Featured Property

House-sized Melbourne apartment 'Lucient' with stunning views – The Agency

For sale by Brendan Walker and Jesse Raeburn of The Agency, who told WILLIAMS MEDIA the apartment lets you “downsize without downgrading.”

New South Wales (NSW)Sydney

Featured Property

Potts Point sub penthouse with 270° views of Sydney Harbour sold prior to auction - McGrath

Omnia sub penthouse sold by Simon Exleton of McGrath Double Bay who told WILLIAMS MEDIA, "Interest came from people downsizing from large houses, from up-sizers keen on the double-sized floorplan, investors and buyers drawn to Potts Point for its cosmopolitan lifestyle."

Pages

News Roundup

http://www.afr.com/real-estate/melbourne-apartment-settlements-holding-up-data-from-financier-maxcap-shows-20171003-gytvdn

Melbourne apartment settlements holding up

Apartment settlements are holding up in one of the densest clusters of the Melbourne CBD, says construction financier MaxCap.

The Australian Financial Review

https://sourceable.net/melbourne-beats-sydney-architecture-innovation/

Melbourne Beats Sydney For Architecture Innovation

Chris Johnson, CEO of the Sydney-based Urban Taskforce and a former New South Wales Government Architect, says Melbourne has the more innovative architectural culture.

Sourceable

http://www.abc.net.au/news/2017-10-04/chinese-developers-struggle-to-get-finance-for-australian-jobs/9016150

Chinese developers 'walking away' from Australian projects amid lack of finance

The party is over for many China-backed megaprojects, says Tim Murray, research managing partner of J Capital.

ABC

https://www.mortgagebusiness.com.au/breaking-news/11548-securitised-student-loans-performing-quite-well?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin05_10_17&utm_medium=email&utm_content=1

Securitised student loans performing ‘quite well’

Despite receiving some bad press, securitised US student loans originated by the right counterparties are providing decent returns, says HSBC.

Mortgage Business

http://www.theaustralian.com.au/business/property/britain-offers-ideas-on-affordable-housing/news-story/ef55b49c4fc327f96a2159f3a76ddd3a

Britain offers ideas on affordable housing

The expansion of community housing in Britain has seen the sector gain scale and access cheaper financing.

The Australian

http://www.theaustralian.com.au/news/nation/salim-mehajers-2950aweek-mansion-taken-off-rental-market/news-story/0c2670890cdf4fc1b79641abf00d9357

Salim Mehajer’s $2950-a-week mansion ‘taken off rental market’

The western Sydney mansion of disgraced property developer Salim Mehajer, who had been seeking a tenant to pay $2950 a week, has been removed from the rental market more than two months after it was listed.

The Australian

http://www.abc.net.au/news/2017-10-03/will-australias-small-time-aviation-industry-a-thing-of-the-past/9007176

Will Australia's small airports soon be a thing of the past?

Sixty-one per cent of small aerodromes ran at a loss in 2014-15, and expenditure is expected to rise by 38% in the next decade.

ABC

https://www.domain.com.au/news/melbourne-a-bit-too-comfortable-with-worlds-most-liveable-city-ranking-dutch-expert-says-20171004-gytilo/

Melbourne ‘a bit too comfortable’ with world’s most liveable city ranking, Dutch expert says

Famous Dutch architect, David Gianotten of OMA, says Melbourne needs to concentrate more seriously on planning and less on the city’s ranking in The Economist survey, which Melbourne has topped for seven years in a row.

Domain