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Featured Property

Newstead apartment snapped up for $4.4m after 1 inspection

Sold by Brett Greensill and Andrea Crossan of McGrath New Farm, who told WILLIAMS MEDIA, “We’ve had very strong interest in luxury riverfront apartments in 2020 with a very tightly held market.”

Victoria (Vic.)Melbourne

Featured Property

Prized Beaumaris home sold after inspection hours before Stage 4 lockdown

Sold by Tracy Tian Belcher and Sam Taylor of Kay & Burton, who told WILLIAMS MEDIA, "Buyers are still keen to purchase spacious, good quality homes."

Victoria (Vic.)Melbourne

Featured Property

Boutique 'Carter Toorak' garden apartment sold by Kay & Burton

Sold by Matt Davis, Gary Ormrod and Peter Kudelka of Kay & Burton, who told WILLIAMS MEDIA, “We are still seeing good enquiry and demand for high quality property such as this within the Stonnington suburbs.”

New South Wales (NSW)

Featured Property

Banora Point house for sale, comes with jetty and boat house: REAL Specialists

Circumstances have changed and the property must be sold says REAL Specialists agent Gary Evenden.

Western Australia (WA)

The Economy

Effects of the residential emergency rental laws extension on WA real estate industry

"We are heading to a rental crisis," REIWA president Damian Collins told WILLIAMS MEDIA.

Queensland (Qld)

Featured Property

Elegant Queenslander close to CBD in leafy Kalinga for sale: Queensland Sotheby's International Realty

A heritage property for a growing family with the flexibility to run a business from home. For sale through Tyson Clarke of Queensland Sotheby's International Realty.

National

The Economy

Pandemic impacts not as dramatic as predicted: REIA

The quarterly Real Estate Market Facts report from the REIA is not all doom and gloom, says REIA president Adrian Kelly.

People

Getting to know Johnny Ho of The Agency

Property management is all Johnny Ho of The Agency has known in his professional life.

National

The Economy

Housing Finance for July still on a roller-coaster ride: REIA

The latest ABS report shows historic falls in the value of home loans in May is followed by historical growth for the second month in a row, according to Adrian Kelly, president, REIA.

Western Australia (WA)

People

Strategic partnership formed as part of $3.6M The Agency West Coast rent roll sale

A reciprocal referral agreement between The Agency (West Coast) and Managex Funds Management will provide a platform of growth.

Pages

News Roundup

https://www.domain.com.au/news/andrews-government-urged-to-fund-heritage-protection-to-stop-mansion-demolition-20170603-gwgxqd/

Andrews government urged to fund heritage protection to stop mansion demolition

Communities are outraged by a string of high-profile mansion demolitions in Melbourne’s eastern suburbs.

Domain

http://www.afr.com/real-estate/new-home-sales-show-pickup-in-april-but-continue-yearly-decline-hia-20170602-gwjh0z

New home sales continue yearly decline: HIA

A pick-up in new home sales in April failed to halt a slowdown in the market, with total sales down 3.3% from a year earlier.

The Australian Financial Review

http://www.theaustralian.com.au/business/opinion/bernard-salt-demographer/brisbane-adelaide-perth-smaller-capitals-population-pause/news-story/aa313003e5637cefe2fa07c6cbed9a10

Brisbane, Adelaide, Perth: smaller capitals’ population pause

Together, Brisbane (population 2.3m), Perth (2.1m) and Adelaide (1.3m) comprise two-thirds of the Australian nation.

The Australian

https://www.mortgagebusiness.com.au/breaking-news/11147-two-loans-needed-under-new-home-lending-policy?utm_source=MortgageBusiness&utm_campaign=MBDaily%20bulletin01_06_17&utm_medium=email&utm_content=1

‘Two loans’ needed under new home lending policy

Borrowers with Teachers Mutual Bank, as of (30 May, borrowers will be limited to paying IO on just 50% of their borrowings, while the P&I proportion of their loan must cover at least half of their borrowings.

Mortgage Business

https://www.buildsydney.com/sydney-forecast-build-180000-houses-next-5-years/

Sydney Forecast to Build 180,000 Houses in Next 5 Years

Sydney will need around 725,000 additional homes over the next 20 years. Sydney’s population is projected to grow by around 1.74m by 2036.

Build Sydney

http://www.newyorker.com/books/second-read/a-gardening-book-for-those-who-hate-gardening-books?mbid=social_twitter

A gardening book for those who hate gardening books

For those of us with a small - or no - garden.

The New Yorker

http://www.afr.com/real-estate/foreign-investors-surging-as-proportion-of-property-buyers-20170530-gwgbym

Foreign investors surging as proportion of property buyers

The number of foreign investment groups active in the Australian commercial property market has jumped to 87 from just seven in 2006, according to a new analysis from JLL.

The Australian Financial Review

https://theconversation.com/the-government-should-pick-towns-not-industries-to-fund-78464

The government should pick towns, not industries, to fund

Rather than propping up failing industries, what if government instead provided incentives like tax breaks for expanding firms to locate in regional centres?

The Conversation