The Real Estate Conversation

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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.

National

The Economy

Increased interest from development groups for residential sites

Development and site acquisition specialist, Michael Bevan, appointed by McGrath Projects to address increased demand.

Pages

News Roundup

http://www.domain.com.au/news/not-just-up-to-the-west-sydneys-east-needs-to-shoulder-more-of-the-density-load-experts-say-20161128-gszksf/

Sydney’s east needs to shoulder more of the density load

Sydney is becoming a tale of two cities, with the western suburbs expected to shoulder most of the growth in housing and population.

Domain

http://www.smh.com.au/nsw/audit-report-reveals-major-failures-in-sydneys-21-billion-light-rail-project-20161129-gt0imv.html

Audit report reveals public misled on Sydney's light rail cost blowout

Two of the NSW government's senior ministers are under pressure about the reasons for the $549m blowout in the cost of Sydney's inner-city light rail project.

The Sydney Morning Herald

http://www.domain.com.au/news/australias-strangest-trophy-home-alkira-sells-in-secret-preauction-deal-20161130-gt0kha/

Australia’s strangest trophy home, Alkira, sells in secret deal

A last minute deal has been struck for one of Australia’s strangest homes the night before it was due to go to auction without a reserve price.

Domain

http://www.theaustralian.com.au/business/property/china-clamps-down-on-real-estate/news-story/02a23eacb45ea965f875ff4d2e5c681c

China clamps down on real estate

China has approved new real estate measures in Shanghai, requiring buyers to make a down payment of at least 35%.

The Australian

http://www.afr.com/real-estate/unprecedented-gap-in-mortgage-rates-hits-240-basis-points-20161129-gszpbn?et_cid=29055628&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/unprecedented-gap-in-mortgage-rates-hits-240-basis-points-20161129-gszpbn&Email_name=MW5-11-29&Day_Sent=29112016

'Unprecedented' gap in mortgage rates hits 240 basis points

The gap between the cheapest and most expensive residential mortgage rates has blown out, as lenders struggle with volatile capital markets, costly underwriting, regulatory changes and the growing likelihood of rate rises.

The Australian Financial Review

http://www.architectureanddesign.com.au/news/hardwood-shortage-to-effect-building-industry-and?mid=45cd955c6d&utm_source=Newsletter%20Lists&utm_campaign=82d57335cf-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_3aac924711-82d57335cf-100081773

Hardwood shortage worrying for building industry and consumer wallets

A shortage of Australian hardwoods, such as spotted gum, Tasmanian oak and ironbark, is predicted.

Architecture & Design

http://www.smh.com.au/business/the-economy/foreigners-pile-back-into-australian-property-reigniting-bubble-fears-20161124-gsx97i.html

Foreigners pile back into Australian property, reigniting bubble fears

Australia's 'spring-selling' real estate season has seen a defiant return of Chinese buyers.

The Sydney Morning Herald

http://www.architectureanddesign.com.au/news/is-building-quality-a-casualty-of-sydney-s-constru

Is building quality a casualty of Sydney’s construction boom?

Problems with buildings developed primarily for investors, such as leaking roofs, are less likely to be reported by tenants or investigated by owners.

Architecture & Design