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Victoria (Vic.)

The Economy

REIV launches Residential Market Index

The Real Estate Institute of Victoria has unveiled a new tool to measure property price trends.

Queensland (Qld)

Construction

Pimpama residential development site available through Ray White Special Projects

A residential development site in the northern Gold Coast growth corridor is for sale through Ray White Special Projects.

Western Australia (WA)

People

REIWA ramps up regional training

Real Estate Institute of Western Australia Training has reinforced its commitment to its regional members so far in 2019.

Victoria (Vic.)Melbourne Brighton

Featured Property

Classically elegant Golden Mile Luxury

Surrounded by terraces and Jack Merlo landscaped gardens, this sophisticated, brand new apartment is located just metres from Brighton Beach. For sale by Ian Jackson and Cassie Sellman of Kay & Burton Bayside Brighton.

National

The Economy

Auction clearance rates rise by 6.6 percentage points over March quarter - CoreLogic

Around half of all homes up for auction across Australia’s capital cities sold during the first quarter of 2019, according to CoreLogic's Quarterly Auction Market Review.

Victoria (Vic.)Melbourne

People

Get to know Michael Lang, Director at Castran Gilbert

Michael Lang lives by the motto “list and last” - that is, if you can keep listing properties, you’ll go the distance in the industry - a philosophy that has helped him build his career in real estate since he was 18 years old.

Queensland (Qld)Sunshine Coast

Design

Innovative Parkridge Noosa solar scheme reduces reliance on energy grid

Residents of the Parkridge Noosa residential development can now access sustainable, affordable energy thanks to an innovative Australian first.

Victoria (Vic.)

Featured Property

Bayside country charm in Mt Martha

Spacious and private, this Mornington Peninsula home delivers coastal family lifestyle in a peaceful setting. For sale by Sam Danckert and Ian Ross of Danckert Real Estate.

New South Wales (NSW)

The Economy

REINSW data reveals rise in Sydney rental vacancies

The Real Estate Institute of NSW has released its March Vacancy Rate Report, indicating increased vacancy rates across inner and outer Sydney.

New South Wales (NSW)Sydney

The Economy

New analysis shows Sydney suburbs defying market downturn

Sydney's Lower North Shore has been leading the charge in auction success within the city, according to STRAND Property Group.

Pages

News Roundup

http://www.yourinvestmentpropertymag.com.au/news/big-disconnect-between-apartment-supply-and-demand-216089.aspx

'Big disconnect' between apartment supply and demand

Australia’s capital cities are expected to see a record 231,129 new apartments come on line in the next 24 months, which could have a serious impact on the market given that it exceeds historical demand levels, according CoreLogic RP Data.

Your Investment Property

http://www.afr.com/real-estate/the-cost-of-new-melbourne-planning-rules-report-20160515-govund

The cost of new Melbourne planning rules: report

Tough new planning rules in the Melbourne CBD could have hit development site values by up to 44%, according to a government-commissioned report.

The Australian Financial Review

http://www.afr.com/real-estate/perth-hotspots-despite-falls-some-suburbs-are-rising-in-price-20160516-gow0we

Perth hotspots: despite falls, some suburbs are rising in price

Perth's housing market may still be losing ground but there are still affordable suburbs whose prices are rising consistently, PRDnationwide says.

The Australian Financial Review

http://www.afr.com/opinion/columnists/negative-gearing-is-a-tax-debate-masquerading-as-housing-affordability-20160515-govgdv

Negative gearing is a tax debate masquerading as housing affordability

You can't put $32 billion in new taxes on the property industry and not expect it to harm housing supply and make a bad situation worse.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/real-estate-agents-nervous-over-weakening-property-market/news-story/c3686f66b795a8a2f8f072594a8b419a

Real estate agents nervous over weakening property market

Property executives are watching the housing market closely as signs of weakness in listing numbers and auction volumes build and compound the effect of weak results throughout March and April.

The Australian Financial Review

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-negative-gearing-scare-campaign-selfserving-labor-20160515-govjjb.html

Negative gearing scare campaign self-serving: Labor

Labor is targeting property tycoon 'Aussie' John Symond, accusing the multimillionaire of doing the bidding of Malcolm Turnbull to undermine the opposition's negative gearing proposals.

The Sydney Morning Herald

http://www.newyorker.com/magazine/2016/05/16/the-rise-of-the-co-living-startup

Happy together

Why give up dorm life?

The New Yorker

http://www.theaustralian.com.au/business/financial-services/defence-banks-secure-customer-base-is-its-greatest-strength/news-story/e704f04dd99e7497e43070cc33bd805a

Security is bank's great strength

Defence Bank is a small customer-owned lender that claims to have never lost money on a mortgage.

The Australian