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Magnificent Brisbane inner city estate sold before its first scheduled open

Sold by Sacha Hennessy of Place West, who told WILLIAMS MEDIA “The luxury property market is faring very well in these interesting times.”

International

Design

Rolls Royce Young Designer Short List Announced

Rolls-Royce Motor Cars reveals shortlist of its Young Designer Competition, which attracted more than 5,000 entries from children aged 16 and under in more than 80 countries around the world.

Queensland (Qld)

The Economy

Magnificent views ready to build your dream home: Sotheby's International Realty

Michael Vettoretto of Queensland Sotheby's International Realty has 8.09ha in South East Queensland for sale including vista, dam and wildlife.

National

The Economy

Percentage of houses selling for profit goes down: CoreLogic

The latest edition of the Pain and Gain report by CoreLogic has analysed 72,500 sales over the first quarter of 2020 and found profit-making goes down 1 per cent.

Victoria (Vic.)

People

Technology used to break stalemate of offers on Torquay property

Shaun O'Callaghan of One Agency Surf Coast had to break a deadlock of offers on a Torquay property which he did by using Openn Negotiation.

National

The Economy

Historical falls for May housing finance figures

ABS figures show the largest monthly fall in the history of the housing loan figures series, according to REIA's president Adrian Kelly.

Queensland (Qld)

People

BHGRE expanding their role and their brand

Better Homes and Gardens Real Estate (BHGRE) proudly welcomes Karen Young to the corporate team as the Business Growth Manager for Queensland.

National

The Economy

REIA applauds extension of banks' repayment deferral period

REIA welcomes the decision by the Australian Banking Association to extend the loan repayment deferral period for another four months.

National

People

Renowned real estate coach partners with The Agency

Claudio Encina, highly regarded real estate coach has joined forces with The Agency to continue supporting its agents.

New South Wales (NSW)

People

Finalists announced for REINSW 2020 Awards for Excellence

A list of the finalists has been released for the REINSW 2020 Awards for Excellence.

Pages

News Roundup

https://www.domain.com.au/news/three-charts-on-australian-mortgage-stress-it-isn8217t-as-bad-as-you-might-think-20170410-gvhefb/

Three charts on Australian mortgage stress

It isn’t as bad as you might think.

Domain

http://www.afr.com/real-estate/vacancy-tax-not-useful-to-the-long-term-solution-of-increasing-housing-supply-20170410-gvhsh7

Vacancy tax not useful to the long term solution of increasing housing supply

"Taxes relative to the very rich, are very small. Investors who can leave their properties vacant will continue to do so."

The Australian Financial Review

https://qz.com/953775/hsbc-survey-shows-chinese-millennials-are-twice-as-likely-to-own-their-own-homes-as-us-and-uk-millennials/

Chinese millennials are twice as likely to be homeowners as their peers in the US and UK

A whopping 70% of Chinese millennials already own their own homes.

Quartz

http://mobile.abc.net.au/news/2017-04-10/debt-distribution-poses-new-threat-to-housing-market/8429578?pfmredir=sm

Distribution of debt poses new trigger to the property, housing market

Extreme levels of household debt are at the highest levels in our history, and among the worst in the world.

The ABC

https://www.theguardian.com/society/shortcuts/2017/apr/10/shoes-hygiene-home-trainers-germs-house?CMP=soc_568

Should you take your shoes off at the door?

There are those who lie awake panicking because wearing outdoors shoes indoors upsets the natural order of things, and there are normal people, who don’t really care.

The Guardian

http://www.afr.com/real-estate/construction-growth-slows-as-apartment-decline-pulls-sector-lower-20170408-gvgxxe

Construction growth slows as apartment decline pulls sector lower

Construction growth slowed in March as a continued retreat in apartment building weighed on the detached house sector.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/half-melbournes-offtheplan-units-selling-at-a-loss/news-story/17009966c75408fb65665ced76a1c325

Half Melbourne’s off-the-plan units ‘selling at a loss’

More than half the apartments bought off the plan in Melbourne’s CBD, Docklands and Southbank since 2011 have changed hands at a loss, while many inner-Brisbane unit buyers are also out of pocket.

The Australian

https://www.domain.com.au/news/palm-beach-landmark-home-pegasus-passes-in-at-auction-20170408-gvgqa0/

Palm Beach landmark home ‘Pegasus’ passes in at auction

A rare slice of real estate on Sydney’s northern beaches struggled to rouse buyers on Sydney’s busiest auction day.

Domain