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Strong interest as Mango Hill development site sells for $5.2 million

A 2.298 ha residential development site has been sold to Brisbane-based property developer Unison Projects for $5.2 million at Lot 3, Stodart Terrace, Mango Hill by Ray White Special Projects Queensland.

South Australia (SA)Adelaide

People

Get to know Stephanie Williams, Director of Harcourts Williams

Stephanie Williams is the Director of Harcourts Williams in Adelaide.

New South Wales (NSW)Sydney

Featured Property

Lavish South Coogee seaside residence with iconic views

Brand new, this four-level coastal home features neutral interiors and stunning terraces with north south ocean vistas. For sale by Shane Vincent and Clive Carter of Belle Property Randwick.

New South Wales (NSW)

The Economy

"The industry does not seek self-regulation" REINSW CEO sets record straight

Real Estate Institute of New South Wales (REINSW) CEO Tim McKibbin says the property services industry does not seek self-regulation as suggested by Minister for Better Regulation Matt Kean.

National

The Economy

Adding value to your team: choosing a property lawyer

Dan Holden, Director of HoldenCAPITAL Partners discusses how to choose a good property lawyer.

Queensland (Qld)

Design

Queensland tops 2018's Master Builders best homes list

Seven Queensland homes have been named the best in Australia at the 2018 Master Builders National Excellence in Building and Construction Awards.

New South Wales (NSW)Sydney

Featured Property

Sandy Point Lodge: Palm Beach double deep waterfront

This home is one of only three deep waterfront properties in Palm Beach occupying a double block and offers spectacular 180 degree views from Careel Bay to Sandy Point. For sale by Peter Robinson of LJ Hooker Palm Beach.

National

The Economy

"We've all forgotten what a normal market is" agent says on cooling auction clearance rates

A Drummoyne home has defied market trends, skyrocketing $650k above the reserve price, while Place Bulimba held another successful All-Star Auction event.

Queensland (Qld)Brisbane

The Economy

Quade Cooper and Laura Dundovic list luxurious Bulimba pad

Melbourne Rebels recruit Quade Cooper and his model partner Laura Dundovic are selling their newly renovated Bulimba home through Ray White Ascot's Damon Warat.

Western Australia (WA)Perth

The Economy

Strong rental market to lead the way in Perth next year, says industry body

The Real Estate Institute of Western Australia (REIWA) is confident the Perth rental market will lead the housing market next year, but warns any changes to negative gearing has the potential to impact buyers.

Pages

News Roundup

http://www.smh.com.au/nsw/nsw-issues-tender-for-hong-kong-highrises-at-new-sydney-metro-train-stations-20160219-gmyxz8.html?&utm_source=social&utm_medium=facebook&utm_campaign=nc&eid=socialn%3Afac-14omn0013-optim-nnn%3Anonpaid-25062014-social_traffic-all-organicpost-nnn-smh-o&campaign_code=nocode&promote_channel=social_facebook

NSW issues tender for Hong Kong high-rises at new Sydney Metro train stations

The Baird government has taken the first step towards the Hong Kong private railway model, issuing a tender for the design of high-rise towers above six new stations on the Metro City and Southwest line.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/media/domain-spinoff-pressure-builds-at-fairfax/news-story/33368149f50259a2a1824144f44afa91

Domain spin-off pressure builds at Fairfax

Pressure is mounting on Fairfax Media to spin off its high-flying Domain Group property business to unlock value that is not being reflected in its share price due to concerns about the company’s core publishing division.

The Australian

http://www.afr.com/business/banking-and-finance/westpacs-andrew-whitford-says-chinese-investment-in-australia-is-ramping-up-20160218-gmxre6

Westpac's Andrew Whitford says Chinese investment in Australia is ramping up

The slowdown in China's economy isn't going to stop its state-owned and private companies investing in Australian assets, says Westpac's head of greater China, Andrew Whitford.

The Australian Financial Review

http://www.smh.com.au/nsw/keep-sydney-open-protesters-march-to-unlock-sydneys-nightlife-20160221-gmzggk.html

Protesters march to 'unlock Sydney's nightlife'

Organisers estimated 15,000 people turned up to the peaceful 'Keep Sydney Open' rally against Sydney's lockout laws.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/property/mortgage-choice-warns-against-changes-to-negative-gearing/news-story/c997fd60b5f0ebb21341131924078be3

Mortgage Choice warns against changes to negative gearing

Mortgage Choice chief executive, John Flavell, has warned against altering negative gearing, saying it would not increase housing affordability and could lead to reduced housing supply and higher rental costs.

The Australian

http://www.afr.com/real-estate/negative-gearing-saul-eslake-takes-on-ken-morrison-20160218-gmxbx5

Negative gearing: Saul Eslake takes on Ken Morrison

Saul Eslake, Economist, and Ken Morrison, CEO Property Council of Australia, are leading proponents for and against cuts to negative gearing.

The Australian Financial Review

http://www.lowyinterpreter.org/post/2016/02/17/bob-carr-response-Why-a-prosperious-nation-needs-migration.aspx

Why a prosperous nation needs migration

Mr Carr has expressed his frustration about the impact of the growing immigrant population on housing and transportation, but a well-managed immigration program is essential to safeguarding Australian prosperity.

Lowy Interpreter

http://www.theaustralian.com.au/business/property/grocon-ceo-carolyn-viney-to-step-down-from-property-empire/news-story/3e9c94fb45590f1f94c164a39bd6cfbe

Grocon CEO, Carolyn Viney, to step down from property empire

One of Australia's most senior women in the property industry, Carolyn Viney, is resigning as chief executive of Australia’s largest diversified development and construction group, Grocon.

The Australian