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Labor's proposed changes 'adding to market uncertainty', says REIA

The Real Estate Institute of Australia has described Labor's proposed changes to negative gearing and capital gains tax as "dangerous".

Queensland (Qld)Gold Coast

People

Meet one half of Ray White's power partnership, Sam Guo

Sam Guo is Ray White's top-selling agent worldwide, and one half of a power partnership (his business partner is Julia Kuo).

New South Wales (NSW)

Featured Property

Hamptons opulence in Sydney

One of the finest examples of Hampton's style opulence in Sydney. For sale by Julian Rowe and Maria Cassarino of Stone Real Estate Seaforth.

New South Wales (NSW)Sydney

Featured Property

Four-level luxury in the heart of Middle Harbour

The cul-de-sac of Seaforth's Gurney Crescent is the setting for this meticulously designed five-bedroom residence. For sale by Julian Rowe and Maria Cassarino of Stone Real Estate.

Victoria (Vic.)

Soaring views at Eaglemont

All the hallmarks of one of Victoria's most historic suburbs can be found in this classic five-bedroom home. For sale by James Labiris and Liz Walker of Nelson Alexander Ivanhoe.

New South Wales (NSW)Sydney

Politics

What apartment owners should be aware of following Opal controversy

The cracked panel inside Sydney's Opal Tower has not only brought about talk of new legislation from the NSW Government, but also highlighted a common predicament for apartment owners in the state.

Victoria (Vic.)Melbourne

The Residence - Custom living reimagined

Modern style merges with family living in this custom five-bedroom home. For sale by Andrew Jose and James Huang of Phillip Webb Ringwood.

New South Wales (NSW)Sydney

Exceptional lifestyle address on the shores of Iron Cove

Architectural innovation is at the forefront of this bayside contemporary trophy home on Henley Marine Drive. For sale by Daniel Patterson of Cobden and Hayson Drummoyne.

New South Wales (NSW)Queensland (Qld)Brisbane Gold Coast

People

Time for a Lime takeover?

The confiscation of e-scooters on the Gold Coast has shown that Lime can not always expect smooth passage when expanding its territory.

New South Wales (NSW)Sydney

Politics

AIBS weighs in on Sydney Opal Tower building trouble

The Australian Institute of Building Surveyers has questioned the necessity of the NSW Government's new regulations on building certifiers in the wake of the Sydney Opal Tower evacuation.

Pages

News Roundup

http://www.theaustralian.com.au/news/latest-news/apartment-prices-could-go-bust-economists/news-story/eedf9cb380b88ed458761a33e64da5d5

Apartment prices could go bust: economists

Commonwealth Bank managing director of economics Michael Blythe says depressed demand and increased supply is gradually cooling the market and house prices have started to fall.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/investors-feel-pinch-as-rents-start-to-contract/news-story/e00f347dcc4798ec5e17ac12b92513bf?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A%20TheAustralianProperty%20%28The%20Australian%20%7C%20Property%29

Investors feel pinch as rents start to contract

Rents across Australia’s capital cities could begin to fall in the coming months after posting sluggish increases in the past year, CoreLogic RP Data has warned.

The Australian

http://www.afr.com/real-estate/sydneys-construction-boom-is-driving-prices-through-the-roof-20160217-gmwpia

Sydney's construction boom is driving prices through the roof

Sydney property developer Mark Bainey used to have no problem hiring skilled professionals like architects, town planners and engineers when he needed them. Now he says, they're booked out for months.

The Australian Financial Review

http://architectureau.com/articles/new-city-precinct-to-be-built-over-major-melbourne-road/?utm_source=twitterfeed&utm_medium=facebook

New ‘city precinct’ to be built over major Melbourne road

Victoria’s Minister for Planning Richard Wynne has approved the first stage of plans for a $1.9 billion “city precinct” to be built over the top of one of Melbourne’s major arterial roads.

ArchitectureAU

http://www.afr.com/real-estate/paddo-and-woollahra-lure-homebuyers-with-glitzy-food-fare-20160304-gnae2w

Paddo and Woollahra lure homebuyers with glitzy food fare

The residents of up-market Sydney terraces in Paddington and Woollahra have the choice of a number of five-star restaurants, which is helping to underpin the lifestyle attractions of the area's inner-city real estate.

The Australian Financial Review

http://www.afr.com/real-estate/property-industry-warns-of-failures-as-wave-of-apartment-settlements-looms-20160304-gnaj22

Property industry warns of failures as wave of apartment settlements looms

The number of apartments due for settlement is ballooning – and concern is rising about whether buyers will be able to pay for them, but big developers say the rise in value is mitigating that risk.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/hands-off-negative-gearing-say-edgy-tradies/news-story/09df95aad262b14c1140b81198aa9085

Hands off negative gearing, say edgy tradies

Plumbers, cleaners, and a host of tradies would lose work if negative gearing tax breaks were cut for existing homes as Australians claim $17 billion a year in rental property deductions, the bulk of it offsetting renovation costs.

The Australian

http://www.mortgagebusiness.com.au/breaking-news/9524-sydney-suffers-slowdown-in-property-price-growth

Sydney suffers slowdown in property price growth

Home value growth rates in smaller cities may soon start to rival Sydney's, a new report has found. Sydney was the only capital city to have seen a decline (of 0.2%) in dwelling values over the past three months, according to February’s CoreLogic RP Data Hedonic Home Value Index.

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