The Real Estate Conversation

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Introducing John McGrath

John McGrath, Chief Executive Officer of McGrath Estate Agents is our latest contributor to The Real Estate Conversation.

National

People

Introducing Lee Woodward

Lee Woodward is the CEO/Creative Director of the Real Estate Academy and has deep passion for the real estate industry.

National

The Economy

FOMO increases forecast of first home buyers for 2020

Hopes for first home buyers have increased as more prepare to jump on the property ladder, according to ME fourth Quarterly Property Sentiment Report.

Victoria (Vic.)

The Economy

Victorian property market sets new records

Victorian property market continues its strong run, according to REIV President Leah Calnan

National

People

New face on the Elders real estate team

Belinda Connor has taken on the role as the head of the residential real estate division at Elders Real Estate.

New South Wales (NSW)

The Economy

NSW land owners to receive updated land valuations

The NSW Acting Valuer General has completed land values for every parcel of land across NSW but bushfire victims will receive their statements later than everyone else.

National

People

Knight Frank makes key appointments to residential team

Two new appointments - Mark Manners and Shayne Harris - have been made to Knight Frank Australia’s residential team as part of the company’s ongoing restructure.

International

The Economy

Mansion to sell for worldwide record-breaking price in London

A 45-room mansion in London's upmarket Knightsbridge is being sold for 210 million pounds.

Victoria (Vic.)

Featured Property

Greenside luxury secluded in a pocket of ancient moonah trees

Wedged between the two championship golf courses at Moonah Links Golf Resort, this recently refurbished home enjoys uninterrupted views of the Open Course and practice fairway. For sale by John Couper of Coupers Realty.

National

The Economy

Good news for home buyers and renters

The latest CPI figures are showing a positive sign that official interest rates will not change, according to REIA.

Pages

News Roundup

http://www.afr.com/real-estate/asian-lenders-plug-melbourne-highrise-funding-gap-20161204-gt3xdo

Asian lenders plug Melbourne high-rise funding gap

Chinese developer, ICD Property, worked with Asian lenders to meet a funding gap after local banks cut credit to foreign buyers.

The Australian Financial Review

http://www.domain.com.au/news/new-electricity-technology-hailed-a-gamechanger-for-australias-remote-towns-20161129-gszsok/

New electricity technology a game-changer for remote towns

A remote WA town is pioneering a new technology.

Domain

http://www.theaustralian.com.au/business/property/flipping-for-fun-and-profit-as-housing-market-booms/news-story/47ddb9e7d1068a558c0589c11f90b3bb

Flipping for fun and profit as housing market booms

'Flipping' properties is the capital city trend, as property hunters look to ride the housing market boom.

The Australian

http://www.afr.com/real-estate/residential/vancouver-home-sales-fall-for-fifth-straight-month-as-foreign-buyer-tax-bites-20161204-gt3tr6

Vancouver home sales fall for fifth straight month

Home sales in Vancouver, which like Sydney has seen prices skyrocket on a surge of Chinese buyers, have plummeted 37% in November from a year ago after the imposition of a new tax on foreigner purchases.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/former-mel-gibson-angus-cattle-farm-sold-for-5m-20161202-gt2r6h

Former Mel Gibson Angus cattle farm sold for $5m

A Melbourne bayside couple has paid more than $5m to acquire Springbank, a 328-hectare farm in Victoria's Kiewa Valley that was once owned by Mel Gibson.

The Australian Financial Review

http://www.smh.com.au/technology/innovation/sydney-too-boring-expensive-for-jobs-of-the-future-tech-entrepreneurs-say-20161127-gsyi8x.html

Sydney too 'boring', expensive for jobs of the future, tech entrepreneurs say

Hundreds of high-tech high-skilled jobs in fast-growing businesses are going begging in Sydney.

The Sydney Morning Herald

http://www.afr.com/real-estate/chinese-developer-chiway-rebrands-and-launches-new-strategy-20161123-gsw3n8

Chinese developer Chiway rebrands and launches new strategy

The developer will build private schools and tertiary institutions, invest in commercial assets and develop tourism properties.

The Australian Financial Review

http://www.domain.com.au/news/rents-through-to-roof-in-sydneys-most-popular-suburbs-as-property-owners-look-to-airbnb-20161203-gt1e53/

Rents through the roof in Sydney’s popular suburbs as owners look to Airbnb

Rents in some of Sydney’s hottest Airbnb hotspots are soaring by up to five times as much as city averages, analysis reveals.