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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."

National

People

Hawthorn and The Agency join forces

Hawthorn is pleased to welcome The Agency onboard as its Official Real Estate Partner.

Victoria (Vic.)Melbourne

The Economy

The Australian dream is alive and well - REIV

For the first time, houses in metro Melbourne surpassed a median value of $1m jumping by 8.8 per cent from the previous quarter to land at $1,004,500.

Queensland (Qld)

People

Get to know Real Specialists Principal Eugene Stone

In sales for more than 50 years, Eugene says it's important to "move to what moves you".

Queensland (Qld)Brisbane

Featured Property

Private Brisbane River sanctuary for sale for first time in 50 years - Place

Next door to Chelmer Sailing Club, this riverfront residence delivers multiple living and entertaining spaces. For sale by Ann-Karyn Fraser of Place New Farm.

South Australia (SA)Adelaide

People

Get to know Mark Wedding of REAL Specialists

With over 25 years in high-level corporate management, Mark is bringing his passion for the industry to work with clients thinking of buying, selling, and investing in Adelaide.

National

The Economy

2021 offers unique opportunity for late autumn and winter sales - REIA

With only one month left before winter, Real Estate Institute of Australia (REIA) is urging homeowners who had been thinking about selling their house prior to the pandemic, to not keep those plans on hold.

National

The Economy

Top performing agents revealed in Openn Negotiation quarterly report

Online property sales platform, Openn Negotiation, has released its first quarterly report of the year, providing a snapshot of its key market trends and the rankings of top agents using the platform.

Western Australia (WA)Perth

The Economy

Seven regional centres record price growth in March quarter - REIWA

REIWA President Damian Collins said REIWA data for the March 2021 quarter showed the state’s housing boom was very much being experienced across the regions too.

National

The Economy

Rents continue recovery from COVID impact - REIA

The March 2021 quarter CPI figures show that the rental market continued its recovery from the impact of the COVID pandemic in most capital cities, according to the Real Estate Institute of Australia (REIA).

Pages

News Roundup

http://www.latimes.com/business/la-fi-retail-housing-20170929-story.html#nws=mcnewsletter

Dying shopping malls can make room for new condos and apartments

The demise of retail centres across the US provides one of the best chances to add needed housing in California’s urban regions.

LA Times

https://www.smartpropertyinvestment.com.au/news/16916-no-evidence-chinese-buyers-are-driving-up-housing-prices?utm_source=SmartPropertyInvestment&utm_campaign=09_10_17&utm_medium=email&utm_content=2

‘No evidence’ Chinese buyers are driving up housing prices

Despite the public perception that Chinese buyers are pushing up housing prices, there’s “no evidence” of this, according to a new report from China research group, Cross Border Management.

Smart Property Investment

http://www.abc.net.au/news/2017-10-08/inner-city-retirement-high-rises-increasing-perth/9024936

'Like living on a cruise ship': WA retirement villages enter a new generation

A projected shortage of retirement village units over the next decade has left those in the industry scrambling to catch up, as discerning seniors demand ever more sophisticated facilities at their new homes.

ABC

http://www.smh.com.au/business/property/the-8b-exodus-sydney-home-owners-are-selling-up-and-queensland-is-the-big-winner-20171005-gyvdco.html

The $8 billion Sydney exodus

Sydney home owners are selling up and Queensland is the big winner

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/the-downside-of-purplebricks-12000-fee-house-still-for-sale-20171005-gyuple

The downside of Purplebricks: $12,000 fee, house still for sale

When Kerryn Lehmann decided to sell her Sydney home through Purplebricks, she thought she'd save thousands in commission, but she hasn't sold her house and has been left with a $12,000 bill.

The Australian Financial Review

https://www.dezeen.com/2017/10/05/neave-brown-interview-high-rise-buildings-only-for-very-rich-social-housing/?utm_medium=email&utm_campaign=Dezeen%20Mail%20538&utm_content=Dezeen%20Mail%20538%20Version%20A%20CID_1727bdb18744c26781ddd4023256eee7&utm_source=Dezeen%20Mail&utm_term=Read%20the%20interview

High-rise buildings should only be used to house the very rich, says Neave Brown

Tower blocks like Grenfell should never have been built, says 2018 Royal Gold Medallist Neave Brown, who believes high-rise housing ostracises council tenants.

Dezeen

https://theconversation.com/vital-signs-the-data-is-mixed-but-worrying-signs-from-mortgagees-85035

Vital Signs: the data is mixed but worrying signs from mortgagees

In the US leading up to 2008, many borrowers with adjustable-rate mortgages didn’t realise the rates ratcheted up sharply after a period.

The Conversation

https://sourceable.net/australia-must-improve-waterproofing-standards-practices/

Australia Must Improve Waterproofing Standards and Practices

Australian waterproofing standards and practices lag those in the UK and the US, says Paul Evans, President of the Australian Institute of Waterproofing.

Sourceable