The Real Estate Conversation

Featured Property

Exclusive Darling Island harbourfront trophy apartment

This apartment, offering light, space and privacy along with showstopping Sydney Harbour views, is for sale through James Crow and Sarah Li of Morton Pyrmont.

National

Tax

Five questions you should ask your quantity surveyor: BMT Tax Depreciation

Quantity surveyors prepare tax depreciation schedules that can help you claim depreciation on your investment property.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Auction results remain steady across the board

Auction clearance rates have increased over the weekend, with apartments recording a strong clearance rate (65 per cent) than the house market (62.2 per cent), according to CoreLogic's preliminary data for last week.

New South Wales (NSW)Sydney

People

Proximity to transport and schools main driver of upper north shore market: Mae Chan, new recruit from Di Jones

Mae Chan answered WILLIAMS MEDIA's questions about Sydney's upper north shore market, where she grew and now works for Di Jones Real Estate.

Western Australia (WA)Perth

Featured Property

Striking Yael Kurlansky designer home with easy beach access

Breathtaking lighting and landscaping graces this property's striking façade, located in the heart of sought-after Cottesloe. For sale by Deborah Brady of Acton Cottesloe.

National

Politics

Banking royal commission claims first major scalp

The alarming revelations coming out of the banking royal commission will have far-reaching consequences.

Victoria (Vic.)Melbourne

Politics

Developer sues Vic planning minister over stalled developments

Developer David Joachim has sued Victoria's planning minister, Richard Wynne, after two of his developments were stalled by the minister's planning freeze.

National

The Economy

Weaker investor demand, tax concessions let first-home buyers back in: CoreLogic

First-home buyers accounted for 17.9 per cent of all owner occupier commitments in February, up from 13.3 per cent at the same time in 2017, according to ABS data.

Victoria (Vic.)Melbourne

Featured Property

Modern bluestone church conversion embodying tranquillity and grace

This architect-converted family sanctuary in Alphington, Victoria is for sale through Simon Shrimpton and Jamin Silluzio of Jellis Craig Fitzroy.

National

People

The key roles in real estate

Which real estate role is best for you - sales agent, auctioneer, or support staff? Each role plays a vital part in the industry.

Pages

News Roundup

Homeowners with Grenfell-like cladding could face price drop, Labor warns

The NSW opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.

Sydney Morning Herald

https://www.smh.com.au/national/nsw/homeowners-with-grenfell-like-cladding-could-face-price-drop-labor-warns-20180422-p4zb16.html

Former AFL player pays over $100 million for Brandon Park shopping centre

Troubled Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Herald Sun

https://www.realestate.com.au/news/former-afl-player-pays-over-100-million-for-brandon-park-shopping-centre/?rsf=syn%3Anews%3Anca%3Ahs%3Aspa

$150m in compo sought over failed insulation batts program

Installers and manufacturers affected by the Rudd government's failed home insulation program will seek $150 million in damages in a class action to be launched on Monday.

The Age

https://www.theage.com.au/national/150m-in-compo-sought-over-failed-insulation-batts-program-20180422-p4zb1g.html

A sustainable access to credit is key to solving housing affordability

A better housing blueprint, financial literacy for homebuyers and a sustainable access to credit following the banking royal commission are critical to the resolution of Sydney and Melbourne's housing affordability issue.

The Australian Financial Review

http://www.afr.com/real-estate/a-sustainable-access-to-credit-is-key-to-solving-housing-affordability-20180420-h0z1yv

Banking royal commission examines dodgy financial advice as shareholders consider rolling AMP board

The financial services royal commission will continue hearing evidence about many instances of inappropriate financial advice given to customers, with ANZ, AMP and NAB scheduled to appear.

ABC

http://www.abc.net.au/news/2018-04-23/live-banking-royal-commission-amp-board/9686898

Buyers beware: markets haven’t finished falling yet

Even in the still undersupplied Sydney market, we don’t expect the next upswing for another three to four years, and by then rising interest rates may slow the recovery.

The Australian

https://www.theaustralian.com.au/business/property/buyers-beware-markets-havent-finished-falling-yet/news-story/2550977c2457cb11027f91ab894a53d1?login=1

Woodlink warns on stamp duty costs for foreign buyers

Chinese-backed developer Woodlink has warned that higher stamp duty costs were deterring foreign investors.

The Australian

https://www.theaustralian.com.au/business/property/woodlink-warns-on-stamp-duty-costs-for-foreign-buyers/news-story/df0a55fb6d391be5bcea59141156efe4

Kerry Stokes' Flagship Property Holdings saves struggling Collingwood project

Flagship Property Holdings refinanced developer Cranecorp's $35m Collingwood project the night before the site was due to be sold in a mortgagee auction.

The Australian Financial Review

http://www.afr.com/real-estate/kerry-stokes-flagship-property-holdings-saves-struggling-collingwood-project-20180416-h0yuvi