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30 per cent drop forecast for Sydney and Melbourne, but Hobart outlook is strong: SQM Research

Sydney and Melbourne house prices could fall by as much as 30 per cent, while Hobart house prices could rise by 5 per cent, according to SQM Research Louis Christopher's Boom and Bust Report.

Queensland (Qld)

The Economy

Mortgagee sale for land estate in Gladstone

Expressions of interest are being sought on behalf of a Mortgagee for the balance of Oasis Land Estate, Kirkwood Road, Gladstone, by Ray White Special Projects Queensland.

Queensland (Qld)

People

Queensland Sotheby's International Realty appoints leading Whitsundays Principal

Queensland Sotheby's International Realty has appointed former Hamilton Island Realty Principal Wayne Singleton to head up its new operation in the Whitsundays.

New South Wales (NSW)Sydney

Featured Property

Iconic Collaroy residence: 'The Point House'

With a striking design, this luxury contemporary beach house enjoys ocean views and direct access to Collaroy Beach. For sale by Brendan Pomponio, Joshua Perry and Daniel Hindmarsh of Belle Property Dee Why.

National

The Economy

Australians think it's a good time to purchase property, despite thinking house prices will fall further, Westpac survey reveals

Westpac's monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still.

New South Wales (NSW)

Politics

NSW property industry to move ahead with Conveyancing Legislation Amendment Bill

The New South Wales Government has passed legislation that will allow the electronic witnessing of documents, in a move welcomed by the Real Estate Institute of New South Wales (REINSW).

Queensland (Qld)

The Economy

Southeast Queensland suburbs among best in state for price growth

Data from industry body the Real Estate Institute of Queensland (REIQ) and CoreLogic reveals the highest growth suburbs in Queensland.

New South Wales (NSW)Sydney

Featured Property

Grand Mosman home with majestic Middle Harbour views

This private family sanctuary connects expansive indoor and outdoor living spaces with sparkling water views. For sale by Michael Coombs and Eliza Fitzpatrick of McGrath Mosman.

New South Wales (NSW)Sydney

The Economy

Where are Sydney's priciest suburbs?

The Harbour City is home to some of the country's most expensive real estate, but where are Sydney's most expensive suburbs?

National

People

5 time management skills all real estate agents need

Director of Resolver Recruitment, Virginia Brookes says these are the most important time management skills real estate agents need to be successful.

Pages

News Roundup

http://www.theaustralian.com.au/national-affairs/treasury/property-tax-shift-still-afloat/news-story/a9ddbd26eb7f912d9006ad7afcb2474b

Property tax shift is still afloat for campaign

Scott Morrison remains committed to tackling “inadequacies’’ in negative gearing, even as he moves to make Bill Shorten’s proposals an election battlefront.

The Australian

http://www.afr.com/news/politics/investors-may-lose-1000-a-year-under-labors-negative-gearing-plan-20160214-gmtnvk

Investors may lose $1000 a year under Labor's negative gearing plan

Future investors could be more than $1000 a year worse off under Labor's plan to limit negative gearing, says PwC.

The Australian Financial Review

http://www.domain.com.au/news/single-female-mortgage-applicants-on-the-rise-in-australia-data-shows-20160212-gmq3as/

Single female mortgage applicants on the rise in Australia

Solo women are taking over mortgage applications from the boys.

Domain

http://www.afr.com/business/infrastructure/roads/divvy-offers-commuters-hourly-car-parking-20160212-gmslgi

Divvy offers commuters hourly car parking

Car drivers aghast at the high cost of parking in CBDs will now be able to rent spaces in commercial office blocks by the hour using Divvy Parking, a new transport start-up.

The Australian Financial Review

http://www.theguardian.com/uk/2012/jun/11/granary-square-privately-owned-public-space?CMP=share_btn_fb

Public spaces in Britain's cities fall into private hands

Over the last decade, large parts of Britain's cities have been redeveloped as privately-owned estates.

The Guardian

http://www.dailytelegraph.com.au/realestate/buying/sweetwater-vineyard-worldclass-estate-for-sale-in-pokolbin/news-story/7b0616e6034bb7a63f73a53fd0759005

Pokolbin palace fit for a king

One of the state’s most “significant” winery estates, Sweetwater, is expected to fetch more than $15 million under the hammer — half its predicted value in 2015. The new price revision is expected to attract multiple bids from cashed-up Chinese investors for the rolling 48ha property in Pokolbin.Cabernet sauvignon and shiraz vines cover a third of the estate which dates back to the colonial 1820s.

The Daily Telegraph

http://www.mortgagebusiness.com.au/breaking-news/9427-asic-tipped-to-launch-rate-rigging-case-against-major-bank?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter12_02_2016&utm_medium=email

ASIC tipped to launch rate-rigging case against major bank

Recent reports have alleged that the corporate watchdog will soon launch an investigation into interest rate-rigging by the major banks.

Mortgage Business

http://pulsenews.co.kr/view.php?sc=30800020&year=2016&no=114808

S. Korean institutional investors being lured to Australian property market

South Korean institutional investors including pension funds and mutual aid associations are lured to the Australian real estate market where property prices have gone up less compared to major cities in the United States and Europe.

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