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A beginner’s guide to depreciation

BMT Tax Depreciation shows how investors can claim all they are entitled to when it comes to depreciation on their properties.

Queensland (Qld)

Design

Calling all Queensland builders for 2020 awards

Have you built something you’re proud of? There’s never been a better time to enter the 2020 Master Builders Housing & Construction Awards.

New South Wales (NSW)Sydney

People

McGrath Bankstown benefits from new top talent

Principal of McGrath Bankstown George Kapos has announced that leading local agent, Rania Azzi, has joined his team.

National

The Economy

The value of home loan figures continue to increase

Recently released figures from the ABS show owner occupiers continue to drive the value of home loans, according to REIA president Adrian Kelly

Queensland (Qld)

The Economy

Sale of historic home gets Brisbane off to a flying start

Historic Brisbane home Cintra House in Bowen Hills has recently sold for more than $7million, advises Josh Brown and Matt Lancashire of Ray White New Farm.

South Australia (SA)

The Economy

Median house price reaches record highs for SA

The final quarter of 2019 shows a stunning return to form for South Australia with the median price again reaching a new record high and the volume of sales massively up from the previous quarter, according to REISA president Brett Roenfeldt.

Queensland (Qld)

Featured Property

Jewel of the Reef: Bedarra Island escape

East Bedarra has the convenience of Queensland life on its doorstep, however the feeling of being a world away never leaves. For sale by Ken Jacobs and Sean Cussell of Christies International Double Bay.

National

The Economy

Auction volumes double over the weekend

Capital city auction activity ramped up after the seasonal slowdown, with 1,122 homes taken to auction this week, according to CoreLogic reports.

Victoria (Vic.)Melbourne

People

Change within CVA ranks as Anthony Carbone announces departure

The 25th anniversary of CVA Property Consultants last year coincided with the end of an era as Northern Region Director Anthony Carbone called time on his commercial property career.

International

The Economy

Worldwide yield potential as residential rental values outperform capital values

Savills World Cities Prime Residential Rental Index finds residential rental values fared better than capital values over 2019 in Los Angeles and Moscow

Pages

News Roundup

http://www.afr.com/business/media-and-marketing/advertising/fairfax-ceo-greg-hywood-hits-back-at-news-corp-over-porn-ad-claims-20161212-gt9b15

Fairfax CEO Greg Hywood hits back at News Corp over porn ad claims

The Fairfax Media Greg Hywood has accused News Corp of using its news outlets to attack rivals, after The Australian claimed Domain used a pornographic website to inflate its audience figures.

The Australian Financial Review

http://www.domain.com.au/news/top-tips-to-make-sure-your-investment-property-isnt-empty-over-the-summer-holidays-20161212-gt4w8h/

Top tips to make sure your investment property isn’t empty over the summer holidays

Respond to repair and maintenance requests, have mutual respect, inspect regularly, maintain market rents, and use a professional property manager.

Domain

http://www.theaustralian.com.au/business/property/ardent-leisure-sells-dalbora-marinas-business-for-126m/news-story/0240229d87d39d3a66303670075b74f3

Ardent Leisure sells d’Albora Marinas business for $126m

Ardent Leisure Group has sold its d’Albora Marinas business to Balmain Corporation and Goldman Sachs for $126 million, a transaction that began before the Dreamworld tragedy occurred.

The Australian

http://www.theaustralian.com.au/business/property/property-market-lending-rate-hike-adds-to-squeeze/news-story/1ed6eacabe58151f3a903f164b479415

Lending rate hike adds to squeeze

Property investment could be at a tipping point with the sector facing headwinds from rising interest rates and tighter lending standards.

The Australian

http://www.theaustralian.com.au/news/nation/unlikely-suburbs-become-million-dollar-hotspots-for-young-families/news-story/eb03859676dcb65ce8aa052198fc0f7e?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial

Unlikely suburbs become hot-spots for young families

Some unlikely suburbs have become the nation’s newest million-dollar hot spots as a growing number of young families trade the city sights for the space of a backyard.

The Australian

http://www.afr.com/real-estate/residential/vic/tim-gurner-warns-of-undersupply-of-melbourne-apartments-20161209-gt7nn2

Tim Gurner warns of undersupply of Melbourne apartments

Tim Gurner believes Melbourne has under-supply of apartments in the inner city after tipping 150 rental apartments on to the market at his Ikebana development in West Melbourne, and within 10 days of advertising receiving 55,000 views and 1,500 enquiries.

The Australian Financial Review

http://www.afr.com/real-estate/investors-borrow-less-for-new-apartments-in-october-20161208-gt7f28#ixzz4SJjjNz2H

Investors borrow less for new apartments in October

Housing loans to investors picked up to $12.5 billion in October, the highest level in over a year, ABS figures on Friday showed.

The Australian Financial Review

http://www.domain.com.au/news/ecodeveloper-from-china-in-trouble-over-claims-of-serious-environmental-damage-20161211-gt806l/

Chinese eco-developer in trouble over claims of environmental damage

Hopes for environmental conservation at wealthy Chinese businessman Phillip Dong Fang Lee's development site in Port Stephens are in doubt.

Domain