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Key development opportunity in Moreton Bay Region

The development site specialists at Ray White Special Projects Queensland have an approved development site for sale in one of Moreton Bay Region’s premier growth hubs.

Western Australia (WA)Perth

People

Storey time at Ray White Cottesloe

Sales agent Chris Storey has begun a new chapter of his career at Ray White's Cottesloe | Mosman Park office.

Victoria (Vic.)Melbourne

Featured Property

Graceful English elegance with Melbourne views

Offering an idyllic lifestyle, this stately home with subtly retained period features sits among designer gardens by Paul Bangay. For sale by Antony Woodley of Collins Simms Fitzroy North.

National

The Economy

Lower investor demand reflected in shrinking apartment pipeline - JLL

The number of apartments under construction in Australia’s six major capital cities has fallen by around 10% over the past year, according to JLL'S 1Q 2019 Apartment Market Reports.

Politics

Real estate sector gears up for May 18

With just over two weeks to go until the federal election, potential changes to negative gearing remain front and centre for Australia's real estate sector.

South Australia (SA)

The Economy

Positive result for SA house prices ahead of election

The median house price in South Australia has held its ground, according to the latest data from REISA.

South Australia (SA)Adelaide

Featured Property

Bold Adelaide: Hollywood-style hilltop panoramas

This world-class mansion sits high above the CBD with views to the sea and comes with stunning luxury details including a cinema, two storey infinity pool and a private day spa with in-house steam room and massage room. For sale by Grant Giordano and Ross Smith of South Australia Sotheby’s International Realty.

National

The Economy

Downturn eases but becomes more widespread - CoreLogic

The CoreLogic April 2019 Home Value Index results out today confirmed that the decline in home values has lost some momentum over recent months as falling values lose steam in Sydney and Melbourne.

Tasmania (Tas.)

The Economy

Tasmanian sellers 'need to readjust expectations', says REIT

The Real Estate Institute of Tasmania’s March 2019 Quarterly Report shows the state is transitioning into a normal market following unprecedented growth throughout the past five years, according to president Tony Collidge.

New South Wales (NSW)

People

Annual REINSW Roadshow begins on May 2

The Real Estate Insitute of NSW will offer an on stage insight into the future of real estate throughout May as part of its annual roadshow.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/millers-point-sale-could-bank-470m-for-building-new-homes/news-story/6b2b73dd2b01c0fab2b736a43500f3b1

Millers Point sale could bank over $200m for building new homes

NSW Government Property is upping the pace of a controversial sell-off at Sydney’s Millers Point, putting another 175 historic homes to market through McGrath.

The Australian

http://www.afr.com/real-estate/half-of-sydney-suburbs-face-housing-oversupply-buyers-agent-20160531-gp8cz1

Half of Sydney suburbs face housing oversupply, buyers agent

Half of Sydney's suburbs, and not the ones you might expect, face a significant oversupply of housing according to a national property market analyst.

The Australian Financial Review

http://www.architectureanddesign.com.au/features/comment/you-don-t-have-to-build-up-or-move-out-to-tackle-u?mid=eb029d4170&utm_source=Cirrus%20Media%20Newsletters&utm_campaign=ead68f24f7-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_fe913f1856-ead68f24f7-60578053

You don't have to build up or move out to tackle urban density

Rather than focus on how high we are building new housing developments, or where they are situated, it is time that we looked at the big picture.

Architecture and Design

https://theconversation.com/worlds-largest-wind-farm-study-finds-sleep-disturbances-arent-related-to-turbine-noise-60189

World’s largest wind farm study finds sleep disturbances aren’t related to turbine noise

A Health Canada study group has published its findings in studies of the health impacts of wind turbines.

The Conversation

http://www.afr.com/real-estate/residential/nsw/sydney-home-values-jumped-34-per-cent-in-may-corelogic-says-20160530-gp7fr3

Sydney home values jumped 3.4% in May

Sydney home prices led a national rise this month in line with April's increase, research firm CoreLogic said.

The Australian Financial Review

http://www.dailytelegraph.com.au/newslocal/south-west/trio-make-impact-on-real-estate-industry-despite-male-domination/news-story/482171f82e7d4318b00e1cb45d937d19

Trio makes impact on real estate industry despite male domination

Three women are carving up real estate in Sydney’s south west despite resistance from some quarters “stuck in the dark ages”.

Daily Telegraph

http://thenewdaily.com.au/money/2016/05/26/rent-buy-deals-can-lead-disaster/

Rent-to-buy house deals can lead to disaster

Rent-to-buy deals that claim buyers with little money or income can secure a property for $1 upfront can lead to massive losses for both buyer and seller.

The New Daily

http://www.afr.com/real-estate/melbournes-offtheplan-apartment-settlement-risk-to-date-very-low-maddocks-20160526-gp462c

Melbourne's off-the-plan settlement risk to date very low

A tiny proportion of off-the-plan apartment sales fall over, according to settlement figures from law firm Maddocks.

The Australian Financial Review