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Bargain property up for grabs in Geelong

Buyers can get bang for their median buck in Melbourne's Geelong and Glenroy, according to property valuer Herron Todd White's latest monthly review.

Queensland (Qld)Brisbane

Featured Property

American-inspired ‘Millionaire’s Row’ estate

Offering approx. 2.5 acres of manicured gardens and resort-like features, this palatial home enjoys many versatile spots to relax, dine and entertain. For sale by Brenton Faehrmann and Morgan Stevenson of Place Bulimba.

National

The Economy

Credit squeeze continues to hit home finance

The banking royal commission may be over but its effects on home lending persist, and so is the credit squeeze according to new figures from the Australian Bureau of Statistics.

Victoria (Vic.)

Featured Property

Renovated elegant Victorian home in Prahran

Transformed by an impressive renovation, this Victorian home in Prahran is for sale by Carla Fetter and David Sciola of Jellis Craig Armadale.

New South Wales (NSW)Sydney

The Economy

Sydney is still number one for the ultra-wealthy

Despite the property downturn, Sydney remains Australia's number one luxury market for high-end real estate.

Western Australia (WA)

The Economy

Realmark celebrates 30 years of growth

In a challenging property market, Western Australian real estate agency Realmark has recorded another record year on year increase in market share during 2018.

South Australia (SA)Adelaide

Featured Property

Unley designer sandstone villa c1910

Extensively redesigned, this modern family home creates an art-form of sophisticated living and entertaining spaces on a prized allotment of approx. 719sqm. For sale by Stephanie Williams and John Williams of Harcourts Williams.

National

The Economy

Housing downturn crippling GDP growth

Figures from the Australian Bureau of Statistics reveal the housing downturn is stunting GDP growth, and the RBA is getting anxious about it.

Tasmania (Tas.)Hobart

Featured Property

Sleek architecturally designed home with mountain views in Tasmania

This contemporary architecturally designed home in Tasmania's Acton Park is for sale by Tom Triffitt of Knight Frank Tasmania Hobart .

National

The Economy

New Farm home smashes Brisbane auction records

A prized riverfront holding in New Farm became the most expensive house ever sold under the hammer in Brisbane on Saturday.

Pages

News Roundup

http://www.domain.com.au/news/underquoting-nsw-laws-appear-to-have-remedied-price-baiting-can-victoria-improve-20160416-go62cs/

Underquoting: NSW laws appear to have remedied price baiting; can Victoria improve?

New laws to combat underquoting in NSW appear to be keeping price baiting at bay, but the problem appears to have worsened in Victoria.

Domain

http://www.theaustralian.com.au/business/property/reserve-bank-warns-of-apartment-price-shock/news-story/d803d2d7844f28ee23a5ff338c2dc90b

Reserve Bank warns of apartment price shock

The Reserve Bank has issued its strongest warning yet that the hot apartment market could correct as new developments swamp demand and banks tighten lending requirements.

The Australian

http://www.afr.com/real-estate/airbnb-has-lost-its-soul--and-its-gunna-cost-you-20160415-go7j7s

Airbnb has lost its soul - and it's gunna cost you

Companies offering property management services have emerged to help hosts get the best deal for their rooms. This is great news for hosts, but bad news for everyone else.

The Australian Financial Review

http://www.theaustralian.com.au/business/opinion/adam-creighton/land-tax-now-that-really-would-be-reform-worthy-of-the-name/news-story/d46251545935791e4b8808bd81f39ff5

Land tax: now that really would be reform

The Panama Papers remind us how slippery and itinerant income can be. Land, by contrast, can’t be hidden or shifted.

The Australian

http://www.afr.com/real-estate/residential/more-than-20-lenders-hike-home-loans-rates-20160413-go5b6p

More than 20 lenders hike home loans rates

Lenders are facing profit-margin pressure because of rising costs to wholesale funding at a time when they also need to build up capital reserves to meet new prudential rules.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/jeff-xu-melbourne-apartment-market-strong/news-story/f00dad0c184e4d579e41a41c615c4aee

Jeff Xu: Melbourne apartment market strong

Melbourne-based Chinese developer Golden Age insists the Melbourne apartment market is still healthy after launching its landmark Box Hill project, Sky One. The company is also expecting to launch a luxury apartment development in Sydney’s Rocks later this year.

The Australian

http://www.smartpropertyinvestment.com.au/news/15226-property-investors-still-winning-despite-market-slowdown-report

Property investors still winning despite market slowdown

A surprisingly low ‘break-even’ capital gain is required to generate a decent post-tax investment return in the current market, says The Australian Mortgage Industry Report released by JP Morgan.

Smart Property Investment

http://www.latimes.com/local/lanow/la-me-ln-katy-perry-nuns-convent-los-feliz-20160413-story.html

Katy Perry wins a victory in battle to buy nuns' convent

A Los Angeles judge announced on Wednesday that she intends to block an effort by nuns to sell a Los Feliz convent to a competing buyer.

Los Angeles Times