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National

The Economy

REIA plan to keep as many real estate agents as possible working

The REIA have requested the Fair Work Commission vary the award to keep real estate agents employed.

National

The Economy

Preliminary auction clearance rate at 48 per cent

The pre-Easter weekend saw a much lower expectation of properties sold at auction.

The Economy

REIQ Urgently call on State Government to protect QLD property market.

The Real Estate Institute of Queensland (REIQ) is seeking urgent action from the Queensland State Government to assist in maintaining the stability of the Queensland property market in the face of the economic impacts of the coronavirus (COVID-19) pandemic.

Queensland (Qld)Gold Coast

People

Get to know Michael Kollosche of Kollosche

“There will be a lot of opportunities that will come from the changing landscape.”

Queensland (Qld)Sunshine Coast

Featured Property

Rainforest riverfront residence on Noosa Sound sold for $10m

Sold by Lauren Chen and Luke Chen of Tom Offermann Real Estate, the team's second sale in sought-after Witta Circle this year.

Queensland (Qld)Brisbane

Featured Property

Two luxury riverside homes at 160 Oxlade sold on one day

Sold by Hamish Bowman and Tom Lyne of Ray White New Farm, who told WILLIAMS MEDIA “We don't need to sell New Farm and Teneriffe. We get buyers from Dubai, Hong Kong, Melbourne and Sydney, for example where the buyers say, ‘I've heard so much about these 2 suburbs, show me more.’”

National

The Economy

Labor meets resistance from REIA after negative comments

A letter from ASIC outlining the role of a real estate agent in regards to financial advice has seen Federal opposition leader Anthony Albanese and REIA president Adrian Kelly at loggerheads.

National

The Economy

3,051 auctions listed for this weekend

Auctions are expected to see volumes continue to either be withdrawn or revert to private treaty sales until conditions improve, according to CoreLogic

National

The Economy

More information needed for tenants and landlords

The residential property industry calls for more information for tenants and landlords impacted by COVID-19 to allay growing concerns: Rental Management Australia

National

The Economy

You can still get that real estate job

Jessica Mayes of Iconic Recruit outlines the best way to land that job with an online interview.

Pages

News Roundup

http://www.abc.net.au/news/2017-02-07/shoalwater-bay-adf-defence-no-forced-land-acquisition-sale/8247578

Defence drops plans for compulsory acquisition of Queensland farmland for training area

The Federal Government has abandoned plans to compulsorily acquire farmland in Queensland which was to be used for joint training exercises with Singapore's military.

ABC News

http://www.architectureanddesign.com.au/news/randwick-gets-sepp70-zoning-starts-authorising-aff?utm_source=Newsletter%20Lists&utm_campaign=42b8562745-Architecture%2520and%2520Design%2520Newsletter%2520-%2520201&utm_medium=email&utm_term=0_3aac924711-42b8562745-100081773

Randwick gets SEPP70 zoning

Randwick Council will become the first local government in Sydney’s sought-after eastern suburbs to be offered the power to authorise affordable housing conditions on new developments.

Architecture & Design

http://www.afr.com/business/banking-and-finance/investment-banking/reverse-mortgages-set-to-move-forward-20170203-gu4ut3?et_cid=29064746&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/business/banking-and-finance/investment-banking/reverse-mortgages-set-to-move-forward-20170203-gu4ut3&Email_name=MW5-02-07&Day_Sent=07022017

Reverse mortgages set to move forward

Options for older house owners to tap into equity in their homes through reverse mortgages have more than halved in the past 12 months, but changes to pensions could mean that is about to change.

The Australian Financial Review

http://www.mansionglobal.com/articles/53309-london-house-prices-drop-almost-7-year-over-year

London house prices drop almost 7% YOY

The average cost of a home in London’s most expensive neighbourhoods fell almost 7% in the year to January as sellers cut prices to secure sales in a tricky market.

Mansion Global

https://www.domain.com.au/news/melbourne-apartments-number-of-bedrooms-hard-to-pinpoint-as-developers-reign-20170203-gu35rn/

Number of bedrooms hard to pinpoint as developers reign

For residents grappling with constant change, it is still largely a developer’s prerogative to shape their suburbs.

The Australian Financial Review

https://thewest.com.au/business/property/priced-out-chineseturn-to-wa-market-ng-b88374251z

Priced-out Chinese turn to WA property market

Chinese inquiries for WA real estate grew nearly 10% last year and are expected to jump again this year as buyers are priced out of Sydney and Melbourne, says Juwai, China's biggest international real estate site.

The West Australian

http://www.mortgagebusiness.com.au/breaking-news/10772-we-re-our-own-banker-triguboff-beats-lending-curbs?utm_source=MortgageBusiness&utm_campaign=06_02_17&utm_medium=email&utm_content=1

‘We’re our own banker’: Triguboff beats lending curbs

Meriton founder, Harry Triguboff, who has built more than 70,000 apartments, says high house prices are driving demand for apartments from owner-occupiers and tenants.

Mortgage Business

http://www.afr.com/real-estate/residential/australias-property-boom-shows-signs-of-slowing-as-buyers-hold-back-20170206-gu693f

Australia's property boom shows signs of slowing as buyers hold back

If the heat continues to seep out of the market, agents will be the first to be affected.

The Australian Financial Review