In the last edition of our newsletter, we pondered whether the Sydney new apartment market would parallel Brisbane’s and promised to bring you insights from our own exposure to this market. Looking at our five largest residential apartment projects in Sydney, our initial observation is that risk is location specific and not correlative across the city.
If there’s anyone blessed with a good set of pipes, it’s Paul Dooley. The renowned seedstock auctioneer says he got lucky with a voice that doesn’t crumble under pressure but plenty of hard work and dedication hasn’t hurt either. Paul grew up on a beef cattle farm in the Hunter Valley region. His father was a stock agent and Paul always wanted to follow in his footsteps.
The Rural Ambassador Award is a trans-Tasman competition that highlights and celebrates young people who have a genuine interest in rural and regional Australia or New Zealand. The Award aims to provide an opportunity for these young people to promote rural communities and industries, as well as to be involved in promoting the importance of agriculture and food production.
Wealth management company Yellow Brick Road Holdings Ltd (ASX: YBR) today announced the transition to a franchise model, consolidation in staff numbers and a focus on increased network productivity and adviser recruitment. The changes follow the acquisition of four businesses.
There are agents who are in it for the wrong reasons. The litmus test for me is seeing how committed they are when things aren’t as easy as they once were. Why are they really here? Agents who are in the game for a long career will get through down markets. They will leverage their leaders, and the experience of those around them who have been through similar markets.
For Australians with a home loan, we’re dealing with two major factors that you should know about right now. The first factor is that banks have never been more competitive for your business, and the second factor is that those same banks, ironically, are largely failing to pass on the full rate cuts available, so you’re probably paying your current lender more than necessary in this market.
By intelligent I mean let’s put aside far left and far right ideals and debate instead what works for the very stakeholder all of this is meant to be about. The client: a stakeholder that should be at the front of the queue in our thinking! A best interests duty already applies to a financial planner, and the Royal Commission’s recommendation is that brokers will be subject to it too.
Ray White Rural agent Bruce Gunning and Gary Johnston of Johnston Rural Group Forbes have brokered the $115milion sale of three Twynam Agricultural Group properties, Jemalong Station and Jemalong Citrus at Forbes and Merrowie at Hillston, to buyers from the United States and the Netherlands. The properties are the first subject to Australia’s new foreign investment rules.
David’s passion for property goes beyond his profession. His experiences as a purchaser, seller, portfolio holder and developer over his adult life have profoundly impacted his business offerings. Professionally, his team has expanded from real estate to finance, development to investment and everything in between.
Whilst we’ve all heard of the ancient design philosophy of Feng Shui, it has become a popular practice for Asians and non-Asians alike as Chinese influence on cultures worldwide has grown. What you may not be aware of is the profound impact Feng Shui has on the real estate market here in Sydney. The reality is that Feng Shui, grounded in millennia of study, is a driver of sales.
Did the eastern suburbs real estate market somehow subvert Covid-19 conditions? In some ways, yes. Prime properties are achieving pre-pandemic prices. It’s quite extraordinary. Those properties that have highly-desirable characteristics whether it be location, layout, parking, privacy, a great block of level land with a view, are being transacted as though nothing has changed.
Open banking was forced upon the nine biggest banks in the UK with the promise of increased transparency and competition for customers over a year ago. Here, it is set to be phased in from 1 July, with the four major banks obliged to comply and remaining ADIs to follow a year later. Yet little is understood about its potential. So what can we expect in July, and in the years to come?
There are three key attributes that underpin my approach to broad acre sales: farming family values, extensive expertise and making privacy paramount. These attributes have helped me achieve and maintain success in the industry, as a former number 1 agent nationally for the oldest and largest pastoral house in Australia before expanding with Ray White Rural.
Are they the ‘uber’ of commercial leasing? Co-sharing workspaces like Wotso (17 sites covering 34,000sqm), Victory (21 locations in Sydney, Melbourne, Brisbane and Perth) and WeWork are taking up more and more leases in Australia’s CBD and suburban locations. More recently, they have been leasing and even buying the whole building.