The Real Estate Conversation

New South Wales (NSW)Sydney

CoreLogic usher in new era with Home Loan Portfolio Analysis

CoreLogic has launched a new tool to provide more comprehensive customer-level data on home loans.

Featured Property

Five levels of contemporary luxury in McMahons Point

A showcase of cutting edge style and supreme functionality, this freestanding Habour-side home offers indoor/outdoor family luxury. For sale by Annika Bongiorno and Aaron Bongiorno of Stone Real Estate McMahons Point.

New South Wales (NSW)Sydney

Housing finance numbers continue to dive: REIA

The Australian Bureau of Statistics has released its Lending to Households and Businesses for February 2019, presenting statistics on housing finance commitments including for the purchase or construction of new dwellings.

People

Max Spartalis moving forward with Krulis Residential

It's difficult to talk about Double Bay real estate without mentioning Krulis Residential Director/Partner Max Spartalis.

Queensland (Qld)

People

Team Surti joins Queensland Sotheby's International Realty

Queensland Sotheby’s International Realty has welcomed the addition of Hope Island real estate specialist Suni Surti.

Victoria (Vic.)Melbourne

Featured Property

Grand proportions and contemporary luxury in Toorak

A private oasis amongst some of Toorak’s most sought-after addresses, this contemporary home offers impressive entertaining options and chic living spaces. For sale by Nicole Gleeson and Michael Gibson of Kay & Burton South Yarra. For sale by Nicole Gleeson and Michael Gibson of Kay & Burton South Yarra.

New research identifies housing markets where prices are 'set to soar'

Data from property marketing organisation Select Residential Property has listed the Australian suburbs that are best placed to experience a rise in property values across the next three years.

Queensland (Qld)Brisbane

Construction

Top location puts Savvi apartment buyers in the box seat

Upper Mount Gravatt, home to the boutique Savvi Apartments project, is rapidly emerging as a new regional powerhouse for Brisbane.

New South Wales (NSW)Sydney

Tax deductions at risk for 'live-in' renovators

New data from BMT Tax Depreciation shows over one in four people had lived in their property prior to renting it out.

Featured Property

Port Hacking beachfront oasis with luxury beach house

This multi-level waterfront home combines breathtaking views, with resort-style features such as cinema room, home gymnasium, indoor spa, and sauna. For sale by Steve Day of McGrath Cronulla.

Pages

News Roundup

http://www.afr.com/real-estate/mansion-prices-tumble-in-port-douglas-20160505-goncc1

Mansion prices tumble in Port Douglas

Vendors have slashed millions from the asking prices of some of the most expensive and extravagant mansions in Port Douglas and the nearby Daintree in tropical north Queensland.

http://www.afr.com/real-estate/childcare-centres-leased-to-g8-education-for-sale-could-fetch-30m-20160509-gopr1u

Childcare centres leased to G8 Education for sale could fetch $30m

A private investor has offered for sale four childcare properties leased to listed education group, G8 Education in Queensland and South Australia.

http://www.theaustralian.com.au/business/property/rentcomau-on-a-roll-as-it-gathers-bill-moss-and-charles-tarbey/news-story/480602d0f5929e99062b313a00916f1f

Rent.com.au on a roll as it gathers Bill Moss and Charles Tarbey

High-profile former Macquarie executive Bill Moss has joined the investor list at online rental property service Rent.com.au after the ASX-listed group successfully wrapped up a $5.5m capital raising yesterday.

The Australian

http://www.afr.com/real-estate/citi-downgrades-mirvac-on-fears-foreigners-cant-borrow-money-20160509-gopnkw

Citi downgrades Mirvac on fears foreigners can't borrow money

Citi has downgraded Mirvac because it believes foreign buyers might struggle to secure loans to buy the apartments being built by the listed real estate group.

http://www.afr.com/real-estate/rate-cut-budget-changes-add-fizz-to-flat-property-market-20160505-gonmr8

Rate cut, budget changes add fizz to flat property market

Rate cuts, budgetary changes to superannuation and unchanged negative gearing rules will add fizz to a property market flattened by a squeeze on local and overseas lending, say property analysts, brokers and agents.

http://www.afr.com/business/banking-and-finance/anz-westpac-hit-by-hundreds-of-chinese-home-loan-frauds-20160508-gop6n1

ANZ, Westpac hit by hundreds of Chinese home loan frauds

ANZ and Westpac have discovered they have each approved "hundreds" of home loans backed by fraudulent Chinese income documents, which were allegedly manufactured with the help of dodgy mortgage brokers.

http://www.afr.com/business/banking-and-finance/mortgage-brokers-to-remain-in-spotlight-after-asic-review-20160506-goo666

Mortgage brokers to remain in spotlight after ASIC review

The corporate watchdog is ready to follow this year's review of mortgage broker commissions with detailed investigative work in the sector, including shadow-shopping or file reviews, after consumer groups said the initial probe was too narrow in scope.

http://www.afr.com/business/banking-and-finance/bank-demands-1000-buffer-before-lending-20160506-goo7hz

Bank demands $1000 buffer before lending

A lender is weeding out unsuitable local house buyers by warning they need minimum monthly surplus income of $1000 after deduction of all taxes, costs and expenses to qualify for a loan.