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Victorian rental vacancy rates at record lows, not enough for a healthy market

Kim Davey of Hockingstuart Melbourne and REIV President Richard Simpson discuss the REIV’s latest data showing that Victoria’s rental vacancy rate has dropped to its lowest level.

National

The Economy

How Gen Y will reshape the property market

Generation Y is expected to reshape the residential property market over the coming decades, with demand for bigger apartments and townhouses expected, according to a report by BIS Oxford Economics.

Queensland (Qld)Gold Coast

People

Get to know Jared Johnson and Lachlan Marshall of Ray White Commercial Gold Coast

Jared Johnson and Lachlan Marshall of Ray White Commercial Gold Coast joined as a team just over two years ago and have been great friends for more than 15 years.

Victoria (Vic.)Melbourne

Featured Property

Refined renovation in Ascot Vale

This bespoke Victorian family residence celebrates its period details, combining historical features with award-winning contemporary style. For sale by Arch Staver and David Sanguinedo of Nelson Alexander Ascot Vale.

Western Australia (WA)Perth

The Economy

"Aspirational suburbs lead the way" in Perth market recovery

North Fremantle, Bicton and Nedlands are among the 12 Perth suburbs to have experienced house price growth this year after suffering declines last year, according to the Real Estate Institute of Western Australia (REIWA).

National

The Economy

Ways to splash the extra cash from depreciation

Bradley Beer, CEO of BMT Tax Depreciation told WILLIAMS MEDIA about smarter ways to use the extra cash made from depreciation.

Victoria (Vic.)Melbourne

The Economy

Should you invest in a beach box?

They're the iconic, brightly coloured boxes dotting the Brighton and Mornington Peninsula coastline - but are beach boxes a good investment?

Victoria (Vic.)

Featured Property

Designer beach box offers private and secluded bar for $150,000

This private beach box features a rotating and extendable bar, lockable storage space and views extending across port Phillip bay to City skyline.

Western Australia (WA)Perth

Featured Property

Lake Monger architectural masterpiece

This iconic home is for sale by Craig Gaspar of Caporn Young Claremont and Emily Hiskins of Space Real Estate Cottesloe, who told WILLIAMS MEDIA the residence is “one of the suburb's most recognisable and highly desired residences.”

National

The Economy

"Buyers frustrated with lack of stock" in Melbourne market

Auction volumes are picking up the pace, as frustrated buyers keen to close a deal make their move in the lead up to the end of the year.

Pages

News Roundup

http://www.afr.com/real-estate/asic-gets-tough-on-unlawful-property-spruikers-20151126-gl8fuf

ASIC gets tough on unlawful property spruikers

ASIC will step up its crackdown on unlawful advisers flogging property, after nailing a national real estate company that encouraged more than 860 investors to buy investment property through self-managed super funds.

Australian Financial Review

http://www.smh.com.au/business/carbon-economy/surging-power-prices-to-push-households-off-the-grid-20151202-gle4qa.html

Surging power prices to push households off the grid

The sustained rise in power bills over the past several years has prompted a surge in the number of households who want to 'do-it-yourself' by unplugging from the power grid.

The Sydney Morning Herald

http://www.smh.com.au/business/property/price-cuts-herald-end-of-sydney-home-boom-as-foreigners-retreat-20151201-gld0vx.html

Price cuts herald end of Sydney home boom as foreigners retreat

Chris Carr, a real estate agent in Sydney's northwestern suburbs, has had to convince sellers to drop prices on at least six homes in the past two months to complete transactions.

Sydney Morning Herald

https://sourceable.net/how-density-makes-people-fitter/

How density makes people fitter

As Australian cities become denser, it is comforting to learn that the Heart Foundation promotes density as the key to fitness for Australians.

Sourcable

http://www.theaustralian.com.au/business/property/new-home-sales-slide-again-says-housing-industry-association/story-fn9656lz-1227632347278

New home sales slide again

The Housing Industry Association says sales volumes of new homes are 'holding up relatively well', despite dipping in October for a second-straight month.

The Australian

http://www.theaustralian.com.au/business/property/housing-rents-record-slowest-annual-growth-on-record/story-fn9656lz-1227632679819

Housing rents record slowest annual growth on record

Housing rents have notched up their slowest annual growth on record, but the new benchmark looks set to be lowered again before long.

The Australian

http://www.afr.com/real-estate/property-experts-dismiss-the-housing-market-is-on-a-decline-20151201-glcinr

Property experts dismiss the housing market is on a decline

Property experts were unperturbed by the fall in dwelling values in Sydney and Melbourne in November, dismissing the idea the property market is on a steady decline.

Australian Financial Review

http://www.smh.com.au/business/property/villawood-makes-a-difference-with-childcare-centres-20151130-glc3bv.html

Villawood makes a difference with childcare centres

Melbourne's largest private house and land developer, Villawood, will include childcare centres in the eight new estates it plans to launch next year.

The Sydney Morning Herald