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Ray White raises the Gold Coast bar with arrival of star agent James Drake

James Drake has joined Australasia’s leading property group as a Sales Agent with Ray White Sovereign Island. Ray White Queensland CEO Jason Andrew welcomed Mr Drake to the family and said we’re really looking at building something special on the Gold Coast and our ability to attract an agent of James’s calibre is a testament to what we aim to achieve there.

National

Politics

REIA urges eligible homebuyers to secure their places in Deposit Guarantee Scheme

Real Estate Institute of Australia (REIA) President, Adrian Kelly has welcomed the Morrison Government’s announcement expanding government led guarantees for single parents and first home buyers.

New South Wales (NSW)Sydney

People

Industry icon Tony Abboud and his team join The Agency

Tony Abboud and his team join The Agency, launching The Agency operation from Gladesville through to Parramatta.

Western Australia (WA)Perth

The Economy

235 Perth suburbs have median rents below their peaks - REIWA

The Perth rental market is significantly more affordable than it used to be, with reiwa.com analysis showing 235 suburbs had median house rents below their peak prices in May 2021.

Victoria (Vic.)Melbourne

People

Get to know Joe Linden of REAL Specialists

"My vendors are excited about the prospect of achieving higher than expected results on the sale of their house."

National

People

REAP Dashboard member shares his experience

REAP Dashboard member Rob Biasetto from Ray White Wetherill Park Cecil Hills has found the new profit dashboard to reveal surprising insights and clear areas of performance. Rob shares his experience with REAP Dashboard co-founder Chris Mercer.

New South Wales (NSW)

Featured Property

Jinadabyne property sells online during massive snowstorm

Despite a snowstorm causing road chaos and power outages, the auction of this sought after property was able to go ahead via online platform Openn Negotiation.

National

The Economy

John McGrath – Buy the bridesmaid suburbs for value and growth

"I always tell buyers that the greatest strategy in any market is to buy the best property in the best suburb you can afford", according to John McGrath founder and executive director of McGrath Estate Agents.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

People

Ray White appoint Katie Cotton Chief Growth Officer Queensland

Ray White Queensland will soon welcome highly regarded real estate professional Katie Cotton to its growing corporate family. Ray White Queensland CEO Jason Andrew said Katie Cotton had an uncanny ability to connect with people and solve problems at the same time.

New South Wales (NSW)

Featured Property

Beacon Hill Estate: Luxury Southern Highlands landholding - Cullen Royle

The 100-acre estate offers the best of rural living on the outskirts of Bowral village. For sale by Karen Bordignon, Deborah Cullen and Richard Royle of Cullen Royle.

Pages

News Roundup

http://thenewdaily.com.au/entertainment/celebrity/2017/11/21/taylor-swift-house/?utm_source=Responsys&utm_medium=email&utm_campaign=20171121_PM_Update

Privacy-seeking Taylor Swift makes Beverly Hills home into a fortress

Taylor Swift has received approval to build an almost two-metre tall visibility block around her front porch.

The New Daily

http://blogs.unsw.edu.au/cityfutures/blog/2017/11/facts-sink-glib-housing-supply-mantra-the-focus-must-be-on-affordable-rental/

Facts sink glib housing supply mantra – the focus must be on affordable rental

ANU academics Ben Phillips and Cukkoo Joseph have blown a hole in the sacred claim that fixing housing unaffordability is simply a matter of boosting housing supply.

City Futures Blog

http://www.abc.net.au/news/2017-11-20/foreign-investment-surcharge-could-turn-away-buyers-agents-warn/9171982

Foreign investment surcharge could turn buyers away from South Australia, agents warn

Real estate agents specialising in overseas investors have warned the South Australian government a new levy on foreign investment will damage the state's reputation as a good place to invest.

ABC

http://www.afr.com/news/economy/rba-calls-out-lack-of-transparency-in-mortgage-rates-20171120-gzp2on?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29105325&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/news/economy/rba-calls-out-lack-of-transparency-in-mortgage-rates-20171120-gzp2on%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-11-21&Day_Sent=21112017

RBA calls out lack of transparency in mortgage rates

The RBA has called for more transparency on mortgage rates as the gap in mortgage rates between new and old borrowers widens.

The Australian Financial Review

http://www.afr.com/real-estate/the-housing-boom-is-over-but-so-is-the-mining-drag-hsbcs-paul-bloxham-20171120-gzoszk?eid=Email%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06/09/2016-BeforeTheBell-dom-business-nnn-afr-u&et_cid=29105325&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/the-housing-boom-is-over-but-so-is-the-mining-drag-hsbcs-paul-bloxham-20171120-gzoszk%3Feid%3DEmail%3Annn-16OMN00049-ret_newsl-membereng%3Annn-06%252F09%252F2016-BeforeTheBell-dom-business-nnn-afr-u&Email_name=BTB-11-21&Day_Sent=21112017

The housing boom is over, but so is the mining drag

A slowdown in the housing market will not lead to a hit in consumer spending because Australian households have been paying spare cash into their mortgages rather than withdrawing it.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/housing-supply-alone-wont-fix-the-affordability-crisis-modelling-shows-20171119-gzobxa.html

Housing supply alone won't fix the affordability crisis, modelling shows

Claims that simply increasing the number of homes in Sydney will fix the housing affordability crisis have been challenged by new modelling.

The Sydney Morning Herald

http://www.businesstimes.com.sg/real-estate/chinese-buyers-go-cool-on-australia-homes

Chinese buyers go cool on Australia homes

Chinese demand for Australian residential property has eased because of tighter capital controls imposed by Beijing and tougher restrictions on mortgage lending by local banks.

Business Times

http://www.theaustralian.com.au/business/property/bargainhunt-buyers-bussed-in-as-brisbane-unit-sales-fall-over/news-story/ce18697f5a0129ae6ea4a3d0086f6ec0

Bargain-hunt buyers bussed in as Brisbane unit sales fall over

The wave of new apartments flooding the Brisbane market has spawned property tours in which bargain hunters are bussed to newly built projects where defaults — largely by Chinese buyers — have led to units being put back on the market at deep discounts.

The Australian