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Xceed Real Estate and Harber Real Estate combine

Two of Perth’s largest independent real estate and property management agencies, Xceed and Harber Real Estate have merged their two organisations.

Queensland (Qld)

The Economy

Legislative reforms pose uncertainty for investors in Queensland

Queensland investors face uncertainty as potential changes to the Residential Tenancies and Rooming Accommodation Act, as well as negative gearing, are still being deliberated.

People

One of Australia’s proudest family businesses is on the hunt for new members!

Resort Brokers Australia have invited applications for two Real Estate Sales Agent positions based in NSW for the brokerage of hotel and tourism assets.

Victoria (Vic.)Melbourne

Featured Property

Beachside penthouse in Port Melbourne

Located within the HM@S complex by Fender Katsalidis, this trophy residence features an executive wing, complete with business centre, and entertaining options for over 100 people. For sale by Gerald Betts of RT Edgar Albert Park.

National

The Economy

Good news for homebuyers and renters in latest CPI figures

Australia’s consumer price index update, released on Wednesday, has exceeded economists forecasts, rising by a solid 0.5 per cent in the December 2018 quarter.

Western Australia (WA)Perth

The Economy

Mining projects restoring confidence in regional WA market

There were mixed results throughout regional Western Australia in the December 2018 quarter, with just three of the nine regional centres to record house price growth according to REIWA.

Victoria (Vic.)

The Economy

Celebrity chef's home hits market again

Celebrity chef Shannon Bennett's former home in Kensington has hit the market through Jayson Watts and Liz Brettell of Nelson Alexander Flemington.

Queensland (Qld)Gold Coast

Featured Property

Boutique beachfront: ‘Sea’ Penthouse balances world-class luxury with beach location

Designed by architect Bayden Goddard, this brand new, dual-level penthouse offers sweeping ocean vistas in a prestigious Gold Coast location. For sale by Michael Kollosche of Kollosche.

New South Wales (NSW)Sydney

People

McGrath strengthens presence in Sydney's Castle Hill, as area tipped for strong growth

McGrath Castle Hill announced Jamie Benjamin has joined its company-owned sales team at McGrath Castle Hill servicing the Sydney’s Hills District.

Queensland (Qld)Sunshine Coast

The Economy

Expressions of interest for in-demand Sunshine Coast site

Expressions of interest are being sought for a development site in one of the most in-demand south-east Queensland markets, at 19 Coonowrin Road, Glass House Mountains, through Ray White Special Projects Queensland.

Pages

News Roundup

http://www.yourinvestmentpropertymag.com.au/news/expert-oversight-needed-for-real-estate-industry-213375.aspx

Expert Oversight Needed For Real Estate Industry

One of NSW’s peak real estate bodies has called for the State Government to improve how the industry is monitored and regulated by the appointment of a Commissioner for Property Services.

Your Investment Property

http://www.theaustralian.com.au/business/wealth/what-the-numbers-say-about-the-future-of-property-prices/news-story/5cf67b8b6c9094a06ca9e410fc9e4eb0

What the numbers say about the future of property prices

By looking into the near future’s supply and demand, we can reach reasonably confident conclusions about prices.

The Australian

http://www.afr.com/news/politics/election/negative-gearing-cost-falls-on-low-interest-rates-20160318-gnm2w4

Negative gearing cost falls on low interest rates

The cost to the federal budget of negatively geared rental property deductions has fallen 12.5 per cent to $10.9 billion, the lowest level in four years because of record low interest rates.

The Australian Financial Review

http://www.afr.com/real-estate/china-startup-juwai-seeks-ipo-in-australia-as-early-as-2016-20160319-gnmgrl

China start-up Juwai seeks IPO in Australia as early as 2016

Juwai.com, China's biggest international real estate portal made in Australia, is seeking an initial public offering as early as this year.

The Australian Financial Review

http://www.domain.com.au/news/how-buyers-and-sellers-can-make-the-most-of-a-big-auction-super-saturday-20160312-gngaj3/

How buyers and sellers can make the most of a big auction Super Saturday

Buyers and sellers alike are preparing for the biggest auction Saturday of the year.

Domain

http://www.theaustralian.com.au/business/property/apartment-projects-strike-a-flat-spot/news-story/55811e94e400d971f274e83f613b3553

Apartment projects strike a flat spot

Developers around the country are more hesitant to start new residential projects, with apartments making up the highest number of deferred and cancelled projects nationally.

The Australian

http://www.theaustralian.com.au/business/gold-coast-apartment-sales-surge/news-story/c7c063ee50ba26d13cda62f0f108a08f

Gold Coast apartment sales surge

Affordability, foreign investment and booming population growth are driving a more than 80% jump in new apartment sales on the Gold Coast.

The Australian

http://www.afr.com/real-estate/australian-mortgage-default-to-increase-this-year-says-rating-agency-moodys-20160317-gnlcp2

Australian mortgage defaults to increase this year says ratings agency Moody's

Ratings agency Moody's Investors Service says that delinquency and defaults on Australian home loans will rise slightly this year because of a slowdown in the economy.

The Australian Financial Review