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Featured Property

Home among the rolling hills of Yattalunga

This first class estate is set on approx. 27 ha, so close yet so far from the hustle and bustle. For sale by Harvey Bloomfield of LJ Hooker Prospect.

The Economy

Speculation grows that RBA will deliver industry trifecta

With negative gearing safe and APRA's serviceability buffer set to be removed, the RBA could soon deliver a third boost to market sentiment.

Construction

Mayfair's many delights materialise in Melbourne

The beauty of Australia's natural landscape can be seen throughout Zaha Hadid's Melbourne creation, Mayfair at 412 St Kilda Road.

South Australia (SA)

People

REISA set for a shake up

The Real Estate Institute of South Australia has used its centenary anniversary year to announce a major strategic review of the organisation.

Victoria (Vic.)Melbourne

Featured Property

Vast, versatile Brunswick East warehouse residence

Offering flexibility and extra income possibilities, this Melbourne warehouse conversion features soaring ceilings and industrial details. For sale by Rob Elsom and Lachlan Stewart of Jellis Craig Brunswick.

National

The Economy

APRA set to remove 7 per cent serviceability buffer on home loans

The Australian Prudential Regulation Authority has written to banks proposing an amendment of its guidelines on mortgage lending.

National

The Economy

Sharpest fall to the shallowest bottom - HIA economist on rise in housing affordability

The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013.

Victoria (Vic.)

People

Victoria’s best auctioneers battle it out for top gong

The Real Estate Institute of Victoria will host some of the state's best auctioneers across the next two days as part of the Senior Auctioneer of the Year competition.

Victoria (Vic.)Melbourne

Featured Property

Timeless Victorian terrace renovation overlooking Princes Park

Ideally located close to many lifestyle attractions, this classic home has been updated with a sleek renovation. For sale by Nicholas West and Charlie Barham of Nelson Alexander Carlton North.

National

Politics

'Time to get on with it' - REIA President's blunt message following election

Real Estate Institute of Australia President Adrian Kelly believed the prospect of negative gearing changes played a "massive" role in the Coalition's upset election victory on Saturday.

Pages

News Roundup

http://www.afr.com/personal-finance/banking/great-home-loan-deals-from-competing-lenders-20160609-gpfbvd

Great home loan deals from competing mortgage lenders

Lenders able to woo borrowers because they've stayed within banking watchdog guidelines are offering bigger and better deals.

The Australian Financial Review

http://www.afr.com/real-estate/paperless-apartment-sale-in-sydney-suburb-makes-history-20160530-gp7kr2

Paperless apartment sale in Sydney suburb makes history

Lawyer Claire Martin sold her $510,000 one-bedroom apartment in Dee Why, in Sydney's northern suburbs, without having to touch a piece of paper.

The Australian Financial Review

http://www.smh.com.au/environment/sydney-storm-lessons-from-a-tempest-20160608-gpery1.html

Sydney storm: Lessons from a tempest

Last month Rob Stokes, the NSW Planning Minister, told Parliament that now was not the time "to tarry or delay" a new bill to overhaul how the state prepared for coastal storms.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/property/urbangrowth-nsw-rejects-white-bay-bids/news-story/8c326ac7404b3307de7ee772b49b2671

UrbanGrowth NSW rejects White Bay bids

UrbanGrowth NSW will redevelop the harbour front site itself, saying the private sector wanted too many apartments to offset the cost of rehabilitating the power station.

The Australian

http://www.theaustralian.com.au/business/lawyers-pan-terrace-home-squatters-claim/news-story/c7ffc0e6a5d875d14304ffb68b294398

Lawyers pan terrace home squatter’s claim

Property lawyers have panned reports a Sydney man could become the owner of a neglected terrace in Redfern, arguing the arcane law only applies in exceptional circumstances and is difficult to invoke.

The Australian

http://www.afr.com/business/banking-and-finance/house-price-growth-raises-risks-to-banks-moodys-20160608-gpewki

House price growth raises risks to banks says Moody's

The return of strong house price growth is increasing risk in Australian banks' mortgage portfolios, making them more exposed to a downturn in the property market, Moody's says.

The Australian Financial Review

http://www.domain.com.au/news/redfern-squatter-seeks-to-take-possession-of-terrace-using-arcane-law-20160608-gpcp8t/

Redfern squatter seeks to take ownership of terrace using arcane law

A Victorian terrace in Sydney’s inner city is at the centre of this strange squabble with the overseas-based owner unable to be traced and a squatter claiming possession using an arcane real estate law.

Domain

http://www.yourinvestmentpropertymag.com.au/news/new-investor-lending-falls-to-almost-twoyear-low-in-april-217467.aspx

New investor lending falls to almost two-year low in April

The value of new investment loans dipped to an almost two-year low in April according to the ABS.

Your Investment Property Magazine