Hot Property: Biggest headlines from the week that was

By Grace Ormsby

June 19 2020
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Here are the biggest property stories from this week.

Welcome to nestegg’s weekly round-up of the bricks-and-mortar stories that we think will be most relevant to you, whether as a first home buyer, a seasoned investor or anyone in between!

To compile this list, not only are we taking a look at the week’s most-read stories and the news that matters, but we are also curating it to include stories from our sister platforms that could have an impact on your buying, selling or investment journey, no matter where you find yourself on the property ladder.

Do’s and don’ts of the HomeBuilder scheme

A buyer’s agent is urging anyone looking to capitalise on the Australian government’s HomeBuilder scheme to start the process immediately, and weighed in on the types of projects offering owners the most bang for their 25,000 bucks.

10 HomeBuilder hotspots: What regions will benefit the most?

Strict eligibility criteria won’t stop a number of Australian regions from seeing above-average demand for the HomeBuilder scheme: Here are the 10 regions where owner-occupiers are best positioned to benefit from the $25,000 cash splash.

Selling high to buy low: Is now the ‘golden’ opportunity?

We’re about to see the best buying opportunities in the last decade, according to Tom Panos, who has said: “Stock level is flying in. I’ve booked so many auctions.”

Online where it’s at for former sales director

Proving a pandemic is as good a time as any to launch a new business venture, a former LJ Hooker sales director has kicked off a new online agency to upend the traditional notions of real estate.

Alex Lumsden is taking up the helm of Lumsden Agency, an online, digital-first marketing company with a focus on visual marketing and digital advertising.

The Agency hits the Central West

The Agency has expanded to the Central West region of NSW after eyeing an opportunity too valuable to pass up – with a particular focus on Dubbo, Orange, Bathurst and Mudgee.

The move sees highly regarded local agent Monica Henley and business development manager Justine Campbell welcomed to The Agency’s fold.

Lenders exercise caution with high-density postcodes

Investors planning to borrow up to their maximum capacity, rely on bonuses or commissions, or purchase property in high-density postcodes have been warned that restrictive lending policies established in response to COVID-19 are unlikely to ease anytime soon.

WEBCAST: Brisbane off the back of COVID-19

COVID-19 has featured much in commentaries on Sydney and Melbourne’s property markets, but the same can’t be said for another east coast capital.

Phil Tarrant and Melinda Jennison break down the Brisbane market – from the worst of the pandemic to now.

About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

About the author

Grace Ormsby

Grace is a journalist on Momentum Media's nestegg. She enjoys being able to provide easy to digest information and practical tips for Australians with regard to their wealth, as well as having a platform on which to engage leading experts and commentators and leverage their insight.

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