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Featured Property

Waterfront home for sale with direct access to Cammeray marina

An architect-designed waterfront home with DA-approved plans for an extension is for sale with Anthony Cowie of LJ Hooker Mosman.

International

The Economy

How do currency fluctuations affect demand for local property from overseas buyers?

Property sellers should be aware that a weaker Australian dollar may make buyers from overseas feel that Australian property is cheap, says currency broker TorFX.

National

The Economy

Property market jitters see Aussies preferring fixed-rate home loans

Australians would like lending institutions to have a greater range of long-term fixed rate home loans, according to a new survey from Gateway Credit Union.

National Victoria (Vic.)

Construction

Victorian tradies the cheapest in Australia

Victorian tradies are the cheapest in the country - it's great news for Melbournites planning to renovate, but not so good for the tradies themselves.

New South Wales (NSW)Sydney

Featured Property

Iconic Paddington ‘gingerbread house' near Five Ways is for sale

This historic Gothic Revival style home from the 1850s is one of the few 'gingerbread house'-style terrace homes in Paddington, and is for sale by 1st City Real Estate.

National

Construction

Turning your home into a duplex

Have you ever thought about turning your home into a duplex? Metricon explains how it can be done.

Queensland (Qld)

Design

Goldeneye showcases Virginia Kerridge-designed Gold Coast apartments

Goldeneye media is spearheading the campaign for Katie Page's highly anticipated Gold Coast development, M3565.

New South Wales (NSW)Sydney

An arresting opportunity in Sydney's Rozelle

A former police station in Sydney's Rozelle is available for lease - complete with prison cells and barred windows.

New South Wales (NSW)

Featured Property

Redbud Ranch near Byron Bay is for sale at $2.45 million

With panoramic hinterland views to Mount Chincogan and beyond, Redbud Ranch is for sale by Gary Brazenor of Unique Estates Australia.

National

Pent-up demand means more auctions and more sales

Last week was the sixth busiest for auctions this year, but pent-up demand meant clearance rates still rose.

Pages

News Roundup

http://www.theaustralian.com.au/business/media/real-estate-books-help-news-corp-lift-revenue/story-e6frg996-1227210000841

News Corp makes big profits off real estate

News Corp's second quarter result earning from digital real estate, which includes a contribution from REA Group, surged 50 per cent to $51m.

The Australian

http://www.wsj.com/articles/house-of-the-day-panoramic-sea-views-in-australiaphotos-1423099802

Victorian property gets global attention

A $2.7 million home in the coastal town of Wongarra, Victoria has been featured in an international publication.

The Wall Street Journal

http://www.afr.com/p/business/property/rba_rate_cut_to_spark_record_housing_CewxsQU0uaCNSVuPGDVNyN

Rate cut boom to building industry

BIS Shrapnel predicts the biggest building boom in Australian history is going to accelerate following the Reserve Bank’s interest rate cut. The number of dwellings built this year could come close to 200,000 for the first time, beating the previous record of 187,000 in 1994, when the economy was recovering from a recession.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/industry-backs-fees-for-foreign-property-investors/story-fnko7zi0-1227208359679

PM introduces fee for foreign buyers

Prime Minister Tony Abbott has confirmed the government will introduce an application fee of up to $1500 for foreign buyers purchasing property in Australia.

The Australian

http://www.theaustralian.com.au/business/economics/banks-douse-housing-bubble-fears-after-rate-cut/story-e6frg926-1227208377797

No housing bubble, say banks

Bankers and mortgage industry veterans dispel fears the Reserve Bank’s interest rate cut will further ignite hot property markets like Sydney, insisting regulators were keeping a tight leash on lenders to head off a housing bubble.

The Australian

http://www.bloomberg.com/news/articles/2015-02-04/national-australia-bank-quarterly-profit-up-6-on-loans-growth

NAB does well on rising mortgage demand

National Australia Bank Ltd. posted a six percent increase in first-quarter profit on increased mortgage lending and higher markets income.

Bloomberg

http://mashable.com/2015/02/03/google-mortgage-calculator/

Google mortgage calculator

Google has now added the ability to calculate mortgage payments. The feature can be used by anyone via verbal interface on mobile devices, or on the desktop by typing in "mortgage calculator."

Mashable

http://www.afr.com/p/business/property/foreign_property_buyers_target_of_alE56ZZPkcK570m0znhkJJ

FIRB announcement soon

Treasurer Joe Hockey is set to announce the government's response to a parliamentary report into foreign investment in housing soon. The government's response is expected to focus on greater enforcement of the existing rules of the Foreign Investment Review Board, a fee of several thousand dollars for all applications and a national register of land title transfers that would be shared with the Department of Immigration.

The Australian Financial Review