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Eastern suburbs defy Sydney's falling market

While Sydney's housing market continues to weaken, some suburbs are defying the odds and recording high clearance rates.

New South Wales (NSW)Sydney

Featured Property

Surry Hills Sandstone Terrace c.1889 For Sale

Sandstone Terrace Circa 1899 - Village Living In The Heart of Sydney for sale by Slavko Romic of Romic Moore Property.

New South Wales (NSW)Sydney Queensland (Qld)Brisbane

The Economy

Melbourne auction market leads the way as NSW braces for state election

The second last week before the NSW state election saw a higher preliminary auction clearance rate for Sydney, but less volume.

New South Wales (NSW)

Politics

Labor will remove property services from Fair Trading

The Labor Party has promised to remove property services from Fair Trading if they win the election.

Victoria (Vic.)Melbourne

Featured Property

Blissfully converted: from church hall to character home

This expansive Ruckers Hill property enjoys soaring ceilings, panoramic views and a separate, self-contained residence at the rear. For sale by Anthony Lapadula and Ben Harrison of Jellis Craig Northcote.

National

The Economy

Land prices rise as demand drops

The price of land for new residential building has risen as demand falls away, according to the March 2019 edition of the HIA-CoreLogic Residential Land Report.

New South Wales (NSW)Sydney

Featured Property

Charming Inner City Haven in Leafy Village Setting

Renovated terrace in Paddington, Sydney. Sold by James Nixon of Raine & Horne Double Bay.

National

People

6 tips for managing millennials in the workplace

Director of Real Estate Career Developers, Melissa Karatjas says this is how to manage the most misunderstood generation in the workplace.

Northern Territory (NT)

A town like Alice

First National Framptons has put the call out for a Sales Consultant to join its Alice Springs team.

National

Design

6 breathtaking mountain homes in Australia

Here are six of Luxury List's favourite mountain homes from around Australia.

Pages

News Roundup

http://www.theaustralian.com.au/business/financial-services/commonwealth-bank-joins-foreign-mortgage-crackdown/news-story/e05f9085c4233454fede8eb602d7a733

Commonwealth Bank joins foreign mortgage crackdown

Commonwealth Bank has joined peers in cracking down on mortgage lending to borrowers heavily reliant on income from offshore.

The Australian

http://www.theaustralian.com.au/business/property/saul-eslake-labor-negative-gearing-policy-could-create-bubble/news-story/33079d91d4a6c09d5e5be23226ee5bf5

Labor negative gearing policy ‘could create bubble’: Saul Eslake

Labor’s negative gearing policy could create a property bubble with investors rushing into the market before the new laws took hold, economist Saul Eslake has warned.

The Australian

https://www.thesaturdaypaper.com.au/news/economy/2016/04/16/new-rules-foreign-investors/14607288003137

New rules for foreign investors

As foreign investment increases, especially from China, new protocols are being weighed to find a balance between Australia’s national security and economic growth.

The Saturday Paper

http://www.afr.com/real-estate/developers-warn-rba-over-apartment-scaremongering-20160418-go8wky

Developers warn RBA over apartment scaremongering

Developers have warned the Reserve Bank that the more it talks up fears of an oversupply of apartments, the more banks will withdraw their lending, leading to a possible self-fulfilling fear of 'apartment collapse'.

The Australian Financial Review

http://www.afr.com/personal-finance/are-older-apartments-a-bad-investment-20160414-go6gw9

Are older apartments a bad investment?

The best strategy for owners of older-style apartments is to ensure the property meets the expectations of contemporary tenants, and refurbish if necessary.

The Australian Financial Review

http://www.yourinvestmentpropertymag.com.au/news/personal-loans-credit-card-limits-severely-impacting-borrowing-capacity-214700.aspx

Personal Loans, Credit Card Limits Severely Impacting Borrowing Capacity

The desire for a new car or lavish holiday is seriously jeopardising the ability of many Australians to break into the property market.

Your Property Investment

http://thenewdaily.com.au/money/2016/04/13/election-referendum-bubble-economy/

This election is a referendum on the economy

Labor was doing so well with proposals designed to gently deflate the housing bubble. But then it took things a step too far.

The New Daily

http://www.theaustralian.com.au/business/property/big-projects-at-record-levels-in-sydney-planners-reveal/news-story/3b690e245c7641184b6026cda717297d

Big projects at record levels in Sydney, planners reveal

Joint Regional Planning Panels, which determine $20 million-plus property projects, have approved $10 billion in development applications so far this financial year, up 70% on total 2013-14 approvals.

The Australian Financial Review