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WA house prices tipped to increase 15 per cent in 2021 - REIWA

Western Australian property prices are expected to grow by 15 per cent this year, according to REIWA’s revised 2021 forecast.

New South Wales (NSW)

The Economy

Historic Bickham Homestead sold - McGrath & Sotheby's

Historic Bickham Homestead has sold after an Expressions of Interest campaign through McGrath Upper Hunter Valley and Sydney Sotheby’s International.

National

The Economy

John McGrath – More homes for sale but demand swamping supply

A lack of stock for sale has been a key factor in rising property prices since late 2020, however new data indicates that more sellers are finally coming to market, according to John McGrath founder and executive director of McGrath Estate Agents.

Queensland (Qld)Sunshine Coast

Featured Property

Grand Hinterland homestead with breathtaking views - Place

This former wedding venue is now the largest homestead in the Sunshine Coast region. For sale by Patrick McKinnon and Justin Robertson of Place Ascot.

New South Wales (NSW)

Featured Property

Magnificent period residence in the heart of Old Bowral - The Agency

Located in one of Bowral's most exclusive tree-lined streets, with breathtaking street appeal, this c.1925 residence is for sale by Cameron McKillop and Ben Olofsen of The Agency.

Queensland (Qld)Brisbane

Featured Property

Architecturally renovated Californian Bungalow in exclusive Clayfield position - Place

Set among immaculate gardens, with large pool and lush grassed yard, this 5 bedroom residence provides a perfect foundation for families. For sale by Drew Davies of Place Ascot.

Queensland (Qld)Brisbane

Featured Property

Track-side residence by Eagle Farm Racecourse - Place

For sale by Patrick McKinnon of Place Ascot, who told WILLIAMS MEDIA, "Any closer to the track and you’d have to be a jockey!"

Victoria (Vic.)Melbourne

Featured Property

Colourful reinvention sees St Kilda home sell above guide – The Agency

Refreshed by Doherty Design Studios in 2018, there was "solid" interest in the home. Sold by Sam Hobbs and Justin Reed of The Agency.

Featured Property

FV Peppers Residences Sub-Penthouse with 6-Star amenities - Queensland Sotheby’s International Realty

Luxe building amenities include a heated u-shaped skyline pool, cinema, state-of-the-art gymnasium, and yoga retreat. For sale by Malcolm Li of Queensland Sotheby’s International Realty.

National

The Economy

How do dwelling values compare with previous highs? - CoreLogic

Low mortgage rates, a swift economic recovery, which has spurred consumer sentiment, and low listing volumes have catapulted national housing values to new record highs. By Eliza Owen, Head of Research Australia at CoreLogic.

Pages

News Roundup

https://www.mansionglobal.com/articles/73669-dream-homes-are-good-for-the-soul-not-necessarily-the-wallet?mod=mansion_global_articles_en_wsj_home

Dream Homes Are ‘Good for the Soul, Not the Wallet’

Expenses from renovating, maintaining and staffing a property can really pile up.

Mansion Global

http://blogs.unsw.edu.au/cityfutures/blog/2017/09/beyond-the-city-healthy-built-environments-in-regional-and-rural-localities/

Beyond the city – healthy built environments in regional and rural localities

Healthy planning is about supporting the wellbeing of all people, no matter where they live, their age, physical and mental abilities, and irrespective of their socio-economic status.

City Futures Blog - UNSW

https://www.mortgagebusiness.com.au/breaking-news/11493-recession-unlikely-but-vulnerabilities-exist

Recession unlikely but vulnerabilities exist

Australia is unlikely to experience a recession in the near future, but certain “vulnerabilities or excesses” in the economy should be addressed to avoid downturns, says AMP Capital.

Mortgage Business

https://www.smartpropertyinvestment.com.au/news/16786-melbourne-has-stolen-chinese-buyers-juwai

‘Melbourne has stolen Chinese buyers’: Juwai

More than 40 per cent of all Chinese-buying inquiries in the year to date have been for Melbourne, making the southern city Australia’s destination of choice.

Smart Property Investment

http://www.afr.com/real-estate/melbourne-rental-vacancy-to-fall-on-undersupply-sqm-says-20170914-gyhiv5

Melbourne rental vacancy to fall on undersupply, SQM

Melbourne has a tight residential vacancy rate of 1.7% and that will fall lower by 2019 as new housing supply slows, says SQM Research.

The Australian Financial Review

https://www.mortgagebusiness.com.au/breaking-news/11492-cba-s-reputation-woes-bad-for-the-country-apra

CBA’s reputation woes bad for the country: APRA

APRA has said that the recent damage to CBA’s reputation is “unhealthy for the bank, it’s unhealthy for the banking system and it’s unhealthy for the country”.

Mortgage Business

http://www.afr.com/real-estate/how-it-sold-cash-short-settlement-shows-revival-in-perths-upmarket-city-beach-20170918-gyjfn1

Urgency comes to Perth's upmarket City Beach

Buyers are returning to Perth's premium suburbs in a way they haven't for a long time.

The Australian Financial Review

http://www.afr.com/real-estate/residential/property-now-the-question-is-what-happens-after-the-boom-20170914-gyhjk2

What happens after the property boom?

After a five-year bull run, in which house prices have surged 75% in Sydney and 56% in Melbourne, the party may be over for those who have bet big on the property boom.

The Australian Financial Review