Illawarra Chapter Committee
The Illawarra Chapter Committee met on Thursday 18th May 2017. This month we had guest speaker, Rasmus W. Frisk from Denmark speak to the group. Rasmus is a CEO, Architect MAA, Urban Designer and Founding Partner of arki_lab. also; Faculty at the Danish Institute for Study abroad, Architecture and Design.
News Summary
The Property Council featured in the Illawarra Mercury in the past month on the following stories;
Anglicare Sydney’s Rental Affordability Snapshot figures concerning for Illawarra advocacy groups
Anglicare Sydney’s research reveals less than one per cent of rental homes in the Illawarra are both appropriate and affordable for households on government income support payments.
There has also been a 26 per cent reduction in affordable rental properties for households working on the minimum wage.
Rental stress occurs when more than 30 per cent of a household’s income is spent on rent.
Illawarra records strongest house price growth since the Global Financial Crisis
New real estate figures appear to be good news for Illawarra home owners, but bad news for new home buyers.
Property consultant CoreLogic’s Hedonic Home Value Index April 2017 results were issued this week. The numbers reveal that the median house price for the Illawarra grew 3.4 per cent to $632,0.
Property Council releases five-point plan to help solve housing affordability
At a briefing for members of the NSW Parliament on Thursday, advocacy group the Property Council released a five-point plan to assist the state government in solving the state’s housing affordability crisis.
The plan seeks to explain why it is so difficult to bring new stock to market at $0,000 and under, as well as set out a list of recommendations that will make this aspiration much more likely.
“This is not just a Sydney problem, we have rising prices here in the Illawarra and this is an important plan to head off price growth,” Kim Rawson, regional director Illawarra, Property Council of Australia said.
Illawarra Events
- Women in Property networking event, sponsored by RMB Lawyers – 7th June 2017
- Boardroom lunch with Paul Scully MP, sponsored by MMJ Real Estate – 15th June 2017
- Sustainability event – Aged Care – 24th August 2017
Our new member and Women in Property Participant – Jennifer Conroy, Licensee / Director of Charvin & Slaven Property Group, Licenced Real Estate Agent
Jennifer Conroy believes Health, Family and Work being the most important things in her life. Married to a wonderful man; Martin, they have been very fortunate to have two children over their 21 years together, Bryce 13 and Bree 8. Their family unit is everything to her; family gives her the passion, strength and dedication to do what she LOVES…real estate.
As a licensed real estate agent working in the Illawarra for many years has enabled strong connections within the community which are a testament of her belief in the Illawarra. As a self-confessed perfectionist, Jennifer will continue to create opportunity through property development; to help people by offering premium land, affordability in housing with property design show casing functionality and practicality that allows people to live a more comfortable lifestyle.