Real Estate Agents
Find the latest property, housing, financing & real estate news and headlines in the Australian Real Estate market from real estate agents and industry experts on Top4 News.
Curated by Top4
Your new post is loading...
Scooped by Top4
Scoop.it!

Brisbane Lord Mayor Graham Quirk launches $200m Newstead development

Brisbane Lord Mayor Graham Quirk launches $200m Newstead development | Real Estate Agents | Scoop.it
 
Brisbane Lord Mayor Graham Quirk launched the $200 million Newstead Series residential development on Thursday, a project that has already attracted large interest from buyers.
 

Once completed, the boutique Newstead development will include 300 townhouses and apartments.

 

Cr Quirk said the development will be a welcome addition to “the buzz area of the city”. “With 85 per cent pre-sales you’re off to an absolutely flying start, and it’s great to see,” said Cr Quirk.

 

John Livingstone, managing director of developer JGL Properties, said the mix of downsizer and young professional buyers were attracted by the quality of the design and it’s lifestyle location.

 

“Our buyers are attracted to the sense of community, spacious apartments, privacy, first class amenities and sought-after river lifestyle connectivity.”

 

No comment yet.
Scooped by Top4
Scoop.it!

WA penthouse tipped to smash highest priced sale for Australia

WA penthouse tipped to smash highest priced sale for Australia | Real Estate Agents | Scoop.it
 
With a price tag of $27.5 million, this East Perth penthouse could become the most expensive apartment in Australia.   
 

In the Mardalup complex in Claisebrook Cove, the palatial two-level penthouse offers 889 square metres of internal living space, including six king-sized bedrooms, eight bathrooms and three kitchens. The Brown Street penthouse, which came on to the market last week, was designed for the owner/developer to live in.

 

Agent Brent Compton, of Ray White South Perth, says that at about 1900 square metres in total, he believes it is the biggest apartment in Australia.

 

“There is nothing comparable to this penthouse in Australia,” he says. “This is a big unit close to the ground, close to the water. It’s one-of-a-kind in Australia.”

 

No comment yet.
Scooped by Top4
Scoop.it!

Melbourne's fastest selling suburbs for houses and units

Melbourne's fastest selling suburbs for houses and units | Real Estate Agents | Scoop.it

Houses in one pocket takes on average of just 18 days to sell, and this suburb has flown under the radar of most buyers.

 

Woori Yallock may have slipped under most buyers’ radar, but homes in the area are selling faster than every other suburb in Melbourne. 

 

First home buyers and house hunters now priced out of the outer east – suburbs such as Mooroolbark and Ringwood – are heading to the rural town, 56 kilometres east of the CBD. 

 

Houses in Woori Yallock took on average 18 days to sell over the six months to March, much faster than the city-wide average of 54 days, Domain Group data shows. 

 

No comment yet.
Scooped by Top4
Scoop.it!

Prestige property prices dive in Port Douglas

Prestige property prices dive in Port Douglas | Real Estate Agents | Scoop.it
 
Vendors have slashed millions from the asking prices of some of the most expensive and extravagant mansions in Port Douglas and the nearby Daintree in tropical north Queensland.
 

Unrealistic expectations combined with a pullback from offshore buyers of trophy homes as the government clamps down on illegal purchases have combined to force down asking prices. 

 

The biggest price reduction – a whopping 37 per cent – has been cut from the asking price of futuristic Alkira near Cape Tribulation, owned by stamp collector Rod Perry and his wife Marider.

 

The UFO-shaped concrete house sprawling out over its own man-made lake and designed by noted architect Charles Wright was listed for $14 million throughout the second half of 2014, but now has an asking price of $8.8.million

 

“There’s been a three-year upward trend in Port Douglas since the market bottomed out following the GFC. There’s good growth again and plenty of activity in the $1 million to $3 million range,” Mr Flinn said. But, he said, the top end was a “complete niche market”.

No comment yet.
Scooped by Top4
Scoop.it!

The Melbourne suburbs for a guaranteed sale at auction

The Melbourne suburbs for a guaranteed sale at auction | Real Estate Agents | Scoop.it

Affordable suburbs across Melbourne, which once sidestepped auctions due to a lack of competition, have enjoyed a bulletproof April under the hammer.

 

Humble postcodes such as Keilor Downs, Taylors Hill, Altona Meadows and Tullamarine are among the areas that clocked 100 per cent clearance rates last month, as Melbourne’s auction market continued to provide success for sellers.

 

The more budget-friendly suburbs sat alongside traditional blue ribbon pockets including Prahran and Canterbury in the April auction market, with every property hitting the auction block in those suburbs last month selling.

 

“The price for what you get is really attractive to people pushed out of Bayside,” he said.

 

“A good family home on a decent sized block is still affordable, compared to what you’d get for that price closer in [to the bay].”

No comment yet.
Scooped by Top4
Scoop.it!

The hottest high-rise apartments coming to Queensland

The hottest high-rise apartments coming to Queensland | Real Estate Agents | Scoop.it
 
As the home of the apartment building last year declared the best in Australia, Brisbane is now planning an assault on the title again with a flurry of new projects, ranging from the tallest tower the city has ever seen, to one of its most luxurious.
 

“And there is so much to support investing in Brisbane right now,” says Liz McFarland, sales manager of developer DevCorp. “Brisbane has experienced consistent capital growth over the past 10 years and sales volumes indicate a continued demand for units over houses.”

 

The 90-level Brisbane Skytower will be the highest in the city, soaring 274 metres into the air with its 1138 apartments. Its rooftop will feature the country’s highest infinity-edged outdoor swimming pool, while there’ll also be an indoor pool, spa, gardens, gym and dining room. 

 

“It’s going to be absolutely iconic,” says developer Billbergia’s development manager Bill McGarry of the Noel Robinson Architects-designed tower. “Obviously, its location in the city centre is amazing too, with the park, university, close to the South Bank, commercial streets, retail space below and down the road from the new casino. 

 

“It’s a unique product and mix, a true CBD apartment, for people to live in the city close to work and enjoy everything the city has to offer.” 

 

 

No comment yet.
Scooped by Top4
Scoop.it!

Buying a house in Melbourne: Affordable suburbs for property investment

Buying a house in Melbourne: Affordable suburbs for property investment | Real Estate Agents | Scoop.it
 
House-price growth is set to creep further north and west alongside infrastructure spending, with what were once hard-knock suburbs named as Melbourne’s next property hotspots.
 

The proudly blue collar suburbs of Heidelberg Heights, Sunshine West and Fawkner were named the top-three investment areas for affordable houses in PRD Nationwide’s Property Affordability 2016 Hotspot Report, published on Thursday.

 

Hotspots were determined by price growth over the past 15 months, upcoming developments scheduled for the area and future investment potential. The Victorian average home loan was also factored in to account for affordability. 

 

No comment yet.
Scooped by Top4
Scoop.it!

Mixed-use development Highgate set to replace Canberra office space

Mixed-use development Highgate set to replace Canberra office space | Real Estate Agents | Scoop.it
 
An 18-storey mixed-use development slated for Allara Street is the latest project aiming to enliven Canberra’s tired CBD.
 

Colliers International will officially launch the 190-unit Highgate complex next month. The $70 million project will replace the four-storey Boulevarde office building at 20 Allara Street. 

 

An existing 12-storey office building facing Allara Street at the southern end of the block will remain. Highgate will offer 63 one-bedroom, 97 two-bedroom and 30 three-bedroom apartments, plus two levels of commercial space on the ground floor and first floor.

 

Construction is expected to begin early next year and is due to be completed in mid-2018. Colliers International Canberra director of project marketing, Derek Whitcombe, said the project would help rejuvenate the city, with an expected population of up to 400 people set to eventually call the building home.

 

No comment yet.
Scooped by Top4
Scoop.it!

How to buy the perfect Sydney family home

How to buy the perfect Sydney family home | Real Estate Agents | Scoop.it

Forget buying a renovator’s delight, hiring a designer architect and spending millions of dollars and waiting years for your dream home. 

 

Look out for someone else’s dream home after they’ve already done the hard work.

 

A young family, with children aged 4 and 2, who had recently emigrated from England, couldn’t believe their luck on Saturday.

 

“When we saw the house, we just thought ‘wow, it’s a great design, amazing construction with no expense spared’,” Lee said.

“It’s amazing how they’ve managed to maximise the space and there’s tonnes of light.”

 

 There was just one other couple competing at the auction for the five-bedroom, three-bathroom house at 145 Arden Street, Coogee, and Lee and Suzanne picked it up for $3.57 million. The vendors had knocked down a 1980s home for which they’d paid $1.4 million in 2012 to build the new designer palace.

 
No comment yet.
Scooped by Top4
Scoop.it!

Virtual reality technology transforms real estate

Virtual reality technology transforms real estate | Real Estate Agents | Scoop.it
 
Anyone in real estate will tell you an empty house is harder to sell than a furnished one and innovative photographers have found a solution to bland vacant homes by dressing them using virtual furniture.
 

The photographer shoots the empty home and back in the design lab the “virtual stager” uses images of furniture to dress it.

 

Property Digital is one of about six Perth photography companies that can “stage” a home in this way.

 

“Staging” has been around for a couple of years but Romano says new techniques make it look as real as it can be, including putting reflections on floors and casting shadows from furniture.

 

New York-based technology innovation magazine Fast Company puts real estate second on the list of industries being transformed by virtual reality technology. Top of the list are live events such as concerts and third is medicine.

 

Brigette Neal Homes's curator insight, April 17, 2016 1:46 PM

Technology continues improving ways to sell homes...

Scooped by Top4
Scoop.it!

Melbourne suburbs where rents have risen fastest

Melbourne suburbs where rents have risen fastest | Real Estate Agents | Scoop.it
 
Melbourne families are being hit with record high rents, with the biggest hikes in second-tier prestige suburbs offering well-regarded schools.
 

House rents have risen the fastest in Eaglemont over the year, jumping 30.4 per cent to a median asking price of $665 a week, Domain Group data shows.

 

A typical house in Ashburton, East Melbourne, Elsternwick, Mont Albert and Ivanhoe East had also seen rent increases of more than 20 per cent over the year.

 

 

No comment yet.
Scooped by Top4
Scoop.it!

ACT Building Design Awards showcase industry’s best

ACT Building Design Awards showcase industry’s best | Real Estate Agents | Scoop.it
 
Plan It Green’s Angela Knock was among Canberra’s local pool of talented designers acknowledged by the ACT Building Design Awards.
 
The designers behind the winning projects offer a level of expertise and training that the ACT chapter of Building Designers Australia believe should be a prerequisite for those in the profession.
 
According to the association’s president, building designer Adam Hobill, there are no licensing requirements for residential project designers in the ACT.
 
“Part of what the BDA has been doing – most recently at the local level with the ACT government – is to introducing licensing and regulations whereby designers need to be licensed or registered to have their projects approved,” Mr Hobill said.
 
No comment yet.
Scooped by Top4
Scoop.it!

Six selling techniques to watch out for when buying a home

Six selling techniques to watch out for when buying a home | Real Estate Agents | Scoop.it
 
 In competitive real estate markets agents work hard to get the best offer from a buyer for their vendor. While most agents will stick to the rules to do what is in the best interest of their seller, a few will blur the lines in an attempt to achieve a higher result.

 

For inexperienced buyers, some of these tactics are less obvious than others and some may not be allowed under a state or territory’s respective real estate legislation.

 

Many property listings detail the home as being owned by a “motivated vendor” to encourage buyer interest, particularly in slower markets. The idea being that it may encourage buyers to think they can get a good deal, or the vendor is more likely to accept their offer.

 

Top4's insight:

Six selling techniques to watch out when buying a home:

 

• Describing the vendor as ‘motivated’

• Advertising a ‘forthcoming auction’ that hasn’t been booked

• Reworking an old advertisement

• Not disclosing a price

• Making backhand promises

• Repeatedly stating interest from other buyers

 

 

No comment yet.
Scooped by Top4
Scoop.it!

Sydney to be ‘more like Tokyo’ under UDIA proposal

Sydney to be ‘more like Tokyo’ under UDIA proposal | Real Estate Agents | Scoop.it

The solution to Sydney’s congestion and affordability woes is to be more like Tokyo, according to a new proposal.

 

By creating multiple centres across Sydney – connected to the main CBD but operating as their own employment and entertainment hubs – the main gripes of many residents could be fixed, the Urban Development Institute Australia (UDIA) NSW announced on Tuesday.

 

Under the new plan Sydney “would be more like Tokyo – with many centres rather than one”, UDIA NSW chief executive Stephen Albin said.

 

“If you look at Tokyo it’s not all tall buildings, it’s three- to four-storey walk-ups. We’re not talking about mega-buildings across Sydney.”

 

The research cited the 2016 Demographia survey, which

found Sydney was the second most unaffordable city in the world. The same survey said Tokyo had some of the most affordable properties for a megacity.

No comment yet.
Scooped by Top4
Scoop.it!

Adelaide's tallest tower to include city's largest rooftop garden

Adelaide's tallest tower to include city's largest rooftop garden | Real Estate Agents | Scoop.it

Adelaide's tallest apartment complex will rise more than 100 metres into the sky and include the city's largest rooftop garden, as apartments in Adelaide continue to grow in both numbers and height.

 

The $100 million “Kodo” development on Angas Street has been given the green light with construction set to begin in the next few months.

 

Adelaide is in the midst of an apartment boom as thousands of apartments included in more than two dozen projects have recently been approved.

 

The Kodo apartment complex will be 30 storeys and include 208 apartments, as well as retail and commercial spaces.

On the top floor, a “sky garden” for residents will sprawl over a 1074-square metre terrace area.

No comment yet.
Scooped by Top4
Scoop.it!

Melbourne's most searched suburbs

Melbourne's most searched suburbs | Real Estate Agents | Scoop.it

If you live here, people are probably pretty jealous. These are the 'burbs where people want in.

 

In an iconic city, quintessential postcodes are the perhaps the safest property bet, albeit some of the priciest.

Domain Group data shows Melbourne’s well-known suburbs in the leafy inner east, bayside and the hipster north are the first on both buyers’ and renters’ lists when looking for a new home.

 

The 20 most searched suburbs in Victoria in March on Domain.com.au were Melbourne stalwarts, rich with transport options, cafe strips and schools — and in many cases, their own football teams.

 

 

No comment yet.
Scooped by Top4
Scoop.it!

Australia’s second thinnest tower proposed for Brisbane CBD

Australia’s second thinnest tower proposed for Brisbane CBD | Real Estate Agents | Scoop.it
 
 Australia’s second thinnest high rise – which would be slimmer than most inner-city land lots – has been proposed for Brisbane’s CBD.
 

The nine-metre-wide residential tower planned for 466 Ann Street would be tightly squeezed between the Mantra Apartments and the New Yorker on a 468 square-metre site.

 

The pencil-thin high rise would be narrowly beaten as Australia’s thinnest tower by Melbourne’s Phoenix Apartments, which measure just 6.7 metres wide. However, the proposed 37-storey Ann Street development would be a whole nine levels taller than the 28-storey Phoenix Apartments.

 

The planned tower shows how higher density inner-city living and decreasing developable land sizes have impacted on developer’s visions – with skinnier towers likely to follow in the future.

No comment yet.
Scooped by Top4
Scoop.it!

Sydney auction market on the rise after holiday lull

Sydney auction market on the rise after holiday lull | Real Estate Agents | Scoop.it
 
 A clearly strengthening home auction market in Sydney at the weekend has set the tone for a positive late autumn performance.
 

Although higher-priced inner suburban regions generally continue to produce the best results, the market has shown some early signs of evening out recently with more buyers now active in the outer suburbs. Sydney reported a clearance rate of 73.8 per cent on the weekend, the highest result for the local market since the Easter break six weekends ago.

 

Although the jobless rate has improved recently, this measure tends to be a lagging indicator of economic health and recent improvements have largely come from increases in part-time work. Latest weak inflation data clearly reflects a stagnating economy.

 

The Reserve Bank may cut rates on Tuesday in a bid to support a weakening economy. This would be a pre-emptive strike before the banks universally raise them. 

 

No comment yet.
Scooped by Top4
Scoop.it!

Sydney’s housing market will soon start to look like New York, expert says

Sydney’s housing market will soon start to look like New York, expert says | Real Estate Agents | Scoop.it
Sydney’s housing market will soon start to look like New York’s where apartment living is the norm, home ownership is unattainable for the majority of inhabitants and renting will be the only choice unless buyers look to regional towns, a prominent housing analyst has warned.
 

Domain Group’s chief economist Andrew Wilson told a property seminar on Thursday that house and unit prices in Sydney were now so high that very little could be done to make the city affordable for first-home buyers and this would be exacerbated as the demand for housing – already chronically in short supply – increased in the coming years.      

 

 “Sydney has a culture of higher density compared with other markets. I think there’s not as much political tension for more development, as long as it’s balanced, as long as you bring the community with you.”

 

“We need to get people outside of the Sydney basin. We have these wonderful, proximate regional centres of Orange, Wagga, Bathurst, Newcastle where people can embrace a different lifestyle with medians of $450,000. Now, the question is, how you can live there and work in Sydney.” 

No comment yet.
Scooped by Top4
Scoop.it!

New suburbs join Melbourne's property million-dollar club

New suburbs join Melbourne's property million-dollar club | Real Estate Agents | Scoop.it
 
 Rising house prices over the past six months has opened the doors for 13 entrants into Melbourne’s million-dollar club, with a typical home buyer paying seven figures as far as Wheelers Hill. 
 

There are now 88 suburbs with a $1 million median house price, as spillover activity from highly sought suburbs like Elsternwick continue to drive demand in neighbouring areas such as Glen Huntly. 

 

Developers are also paying a premium for land with potential to build townhouses and apartments. Six suburbs – including Parkville and Box Hill North – dropped out of the club. Smaller suburbs and a higher proportion of lower-priced sales can result in a lower median.

 

 

No comment yet.
Scooped by Top4
Scoop.it!

Weird features of a home that put off potential buyers

Weird features of a home that put off potential buyers | Real Estate Agents | Scoop.it
 
When you’re looking to sell a property, you want it to appeal to a broad market – for punters to come in and be able to picture their happy, home-owning future. What you don’t want is a confused giggle when they get a look at your bathroom.
 
When buyers are attending several inspections over a weekend they’re looking for reasons to rule out properties, according to agents.
 

“Buyers tend to exclude rather than include”, says Walter Burfitt-Williams, of BresicWhitney. “You might think the leopard print wallpaper is gorgeous, but it’s not to everyone’s taste.”

 

In older homes it’s better to stick to classic styling rather than something on-trend, and try to avoid overcomplicating interiors with multiple trends or time periods. You don’t want a clash of different styles in a house, let alone a room, he notes.

No comment yet.
Scooped by Top4
Scoop.it!

Southeast Queensland and the Hobart suburbs offer best prospects for property price growth

Southeast Queensland and the Hobart suburbs offer best prospects for property price growth | Real Estate Agents | Scoop.it

Investors in search of properties that will deliver high capital growth in the years ahead may find southeast Queensland and certain Hobart suburbs safe bets.

 

These regions accounted for the bulk of high growth property markets in Hotspotting.com.au’s latest Top 10 Best Buys report, which forecasts the 10 best locations for property investors seeking capital growth.

 

Queensland locations in the report included the Gold Coast, Ipswich and Logan, while the Melbourne regions included the City of Casey and Epping.

 

The report said these locations have “identifiable drivers of demand for real estate, which will place pressure on prices and rents … we expect them to show growth not only in 2016 but well beyond.”

No comment yet.
Scooped by Top4
Scoop.it!

Darwin is now Australia’s second-fastest growing capital city

Darwin is now Australia’s second-fastest growing capital city | Real Estate Agents | Scoop.it
 
Darwin is Australia’s second-fastest growing capital city, according to new figures that show people are flocking to the southern suburbs of Palmerston and the CBD.
 
Figures released by the Australian Bureau of Statistics also show droves of people are leaving rural and regional areas in the Top End in favour of the city life.

While the population of the Greater Darwin area is growing rapidly– second only to Melbourne – the overall population growth rate of the Northern Territory is the lowest of all states and territories.

 

The area that has experienced the fastest growth is Palmerston South.

 

Palmerston South sits within Darwin’s satellite city of Palmerston, a 15-minute drive south from Darwin’s CBD. Palmerston South takes in the southern fringes of the suburbs of Mitchell, Archer, Bellamack, Johnston and Zuccoli, some of which are newly developed and experiencing a boom in residential development.

No comment yet.
Scooped by Top4
Scoop.it!

Apartment numbers in Melbourne could double in coming years

Apartment numbers in Melbourne could double in coming years | Real Estate Agents | Scoop.it
 
There are about 70,000 homes in the Melbourne city area, and the council’s own projections suggest this number could double in the coming years.
 
Melbourne’s CBD has transformed from a place where people came to work to a place where people choose to live. But how fast has it been growing? And what is on the horizon?

 

The year 2014 was a record for residential construction in the city. More than 6000 apartments were completed, thousands more than in any previous years.

 

The City of Melbourne diligently keeps track of everything that’s going to be built within its limits, from bike spaces to luxury penthouse suites, and notes about 20,000 apartments were under construction as of November last year.

 

 

No comment yet.
Scooped by Top4
Scoop.it!

How design and technology are changing today’s prestige real estate

How design and technology are changing today’s prestige real estate | Real Estate Agents | Scoop.it
 
Contemporary prestige homes, designed as an eloquent response to the location and aspect of the land on which they sit, are popular in the prestige market for many reasons. 
 
But chief among them is the kind of casual privacy they can afford  the buyer. Traditional houses offered discretion with high hedges, walls and shuttered windows; modern architecture achieves it with careful positioning, a smart layout and the use of cutting-edge materials to keep facades interesting, and outsiders guessing.
 
Everyone loves a sense of security, and likes electronic gates or good security technology.
 
People obviously want a beautiful home that is designed to fit to its location, with a view or some sort of outlook, the whole package,” he says. “Look at a property like James Packer’s Vaucluse house that sold for $70 million – that was right next to Kincoppal and Kambala schools and is stunning …”
No comment yet.