The Real Estate Conversation

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Federal Budget holds good news for buyers and sellers

While the 2018 Budget had no measures specifically addressing housing supply and affordability, the Budget's approach recognised the state of the property market, according to the Real Estate Institute of Australia (REIA).

New South Wales (NSW)Sydney

People

Women dominate novice auctioneering competition

An all female final is looming at the 2018 Real Estate Institute of New South Wales (REINSW) Novice Auctioneers Competition for the first time, according to the REINSW.

National

Design

Housing affordability driving Aussies to spend up big on styling

Australians are spending more money than ever on styling their homes to compensate for being unable to afford their dream home, a recent survey from ME Bank has revealed.

Victoria (Vic.)

Featured Property

A slice of Noosa on sparkling Aspendale Beach, Melbourne

Picture perfect, relaxed coastal entertaining in this absolute beachfront home. For sale by Garry Donovan and Natalie Lerpiniere of Hockingstuart.

Queensland (Qld)Brisbane

People

Get to know Gary Connolly, Head of Investments at HoldenCAPITAL Partners

Gary Connolly began his financial services career in banking, transitioned to funds management with a strong focus on property and has recently become Head of Investments at HoldenCAPITAL Partners.

Tasmania (Tas.)Hobart

The Economy

Hobart housing demand higher than anywhere in Australia

While dwelling values fall across the nation, prices in Hobart are steadily rising.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

House prices in Melbourne and Sydney tipped to fall

Housing prices are tipped to fall by as much as four per cent, a major reversal of the previously rosy forecast, according to SQM Research.

Victoria (Vic.)Melbourne

Featured Property

1854 Swallow and Ariell Biscuit Factory warehouse conversion metres from Port Melbourne beach

This seaside sanctuary with resort style amenities is for sale through David Lack and Will Jonas of Biggin & Scott Port Melbourne.

New South Wales (NSW)Sydney

Design

Winners announced for the National Trust Heritage Awards

A signature event on the Australian Heritage Festival calendar, the winners for the National Trust Heritage Awards were announced on Friday.

Western Australia (WA)Perth

People

Get to know Lee Riddell, an agent with M Residential

With a background in construction, Lee Riddell of M Residential in Perth says a brush with a well known agent in the luxury home market led him to a career in real estate.

Pages

News Roundup

http://www.theguardian.com/australia-news/2015/aug/24/luke-foley-wants-ban-on-property-developers-and-agents-being-councillors

Luke Foley wants ban on property developers and agents being councillors

Luke Foley, leader of the Labor opposition in New South Wales, wants to ban property developers and real estate agents from being local councillors. Foley has also called on the NSW government to reverse the decision to let councillors vote on planning controls that could benefit them.

The Guardian

http://www.yourinvestmentpropertymag.com.au/news/real-estate-agents-have-no-right-to-provide-smsf-advice-204542.aspx

Real estate agents have "no right" to provide SMSF advice

Real estate agents will likely be forced to stop recommending people use self-managed super funds (SMSF) to buy property unless they are licensed to do so according to one financial expert.

Your Investment Property Magazine

http://www.heraldsun.com.au/news/victoria/agents-in-the-spotlight-as-real-estate-laws-are-reviewed/story-fni0fit3-1227493096346

Agents in the spotlight as real estate laws are reviewed

Real estate agents will be under the spotlight after the State Government announced a review of the laws governing agents, owners’ corporations and conveyancing.

Herald Sun

http://www.theaustralian.com.au/business/property/charter-hall-in-150m-deal-with-new-chinese-property-entrant/story-fnko7zi0-1227489859471

Charter Hall in $150m deal with new Chinese property entrant

Charter Hall Group has stamped itself as one of the canniest players of the current boom in the pricing of office assets with residential conversion potential by striking a $150 million deal to offload a site on Sydney’s north shore to a joint venture backed by a new Chinese entrant.

The Australian

http://www.theage.com.au/business/banking-and-finance/mortgage-choice-sees-no-impact-from-apras-curbs-on-property-investors-20150819-gj2mw6.html

Mortgage Choice sees no impact from APRA's curbs on property investors

Recent moves by banks to lift interest rates for property investors will not crimp loan volumes for broker Mortgage Choice, which is receiving record inquiries from landlords about financing, says its new chief executive, John Flavell.

The Age

http://www.propertywire.com/news/europe/uk-house-price-forecast-2015081810878.html

UK residential property prices forecast for steady growth in next five years

House prices in the UK are expected to continue growing, with steady rises over the next five years across the country, the latest five year forecast shows.

Property Wire

http://www.yourinvestmentpropertymag.com.au/news/steady-flow-of-supply-results-in-sydney-residential-vacancy-rate-decreasing-204454.aspx

Steady flow of supply results in Sydney residential vacancy rate decreasing

The latest Sydney residential vacancy rates point to a steady flow of tenants finding accommodation according to the Real Estate Institute of New South Wales (REINSW).

Your Investment Property Magazine

http://www.businessspectator.com.au/article/2015/8/18/australian-news/chinas-rebalancing-lose-lose-australia

China's rebalancing is lose-lose for Australia

Potential growth in China has eased considerably in recent years -- almost certainly by more than indicated by official sources -- as authorities struggle with an economic transition that is largely unprecedented in size and scope. Unfortunately, it’s a lose-lose situation for Australia, with Chinese investment set to underperform expectations in the long term regardless of whether Chinese authorities are successful or not.

Business Spectator