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Featured Property

Last remaining award-winning Hamilton Reach home on the market

For sale by Christine Rudolph of Ray White New Farm, who told WILLIAMS MEDIA, “This is an irreplaceable location which is completely unique and private.”

Victoria (Vic.)Melbourne

People

Get to know Darren Lewenberg of Kay & Burton

“History has shown that particularly the Victorian and NSW real estate markets have been historically resilient to major global events.”

Victoria (Vic.)Melbourne

Featured Property

Classic Prahran Victorian sold after 6 days on the market

Sold by Julia de Campo and Gowan Stubbings of Kay & Burton, who told WILLIAMS MEDIA "Our sales have been consistently strong and relatively quick as buyers do not want to miss out.”

Queensland (Qld)Brisbane

Featured Property

Coronet Court art deco gem sold for $855,000

Sold by Tom Lyne of Ray White New Farm, who told WILLIAMS MEDIA, “Art deco apartments in New Farm always draw strong interest.”

The Economy

Are fixed rates a better option in an uncertain market?

As interest rates are cut to help keep the economy alive, mortgage comparison companies discuss the pros and cons of fixing mortgages.

National

Housing activity yet to impact GDP

While the new Housebuilder package will help, the Housing Industry Association warns a sharper contraction in residential building activity is imminent.

International

The Economy

Land in the bank: Why future development sites are the perfect port in a storm

Jack Brown from Indonesian property brokerage Invest Islands outlines the advantages of land banking in the current climate.

Western Australia (WA)Perth

The Economy

Available rental stock in Perth dropping at a rapid rate

The Real Estate Institute of Western Australia has revealed Perth’s rental stock has been quickly absorbed, with listings falling by 17 per cent in May.

National

Politics

Property industry responds to Government housing stimulus

Overwhelming positive response to the Federal Government's HouseBuilder stimulus package across the building industry bodies.

National

The Economy

Housing values dip lower as sales recover

CoreLogic Home Value Index results for May show Australian dwelling values posted their first month-on-month decline since June last year.

Pages

News Roundup

http://www.theaustralian.com.au/business/opinion/bernard-salt-demographer/australia-sells-off-the-farm-so-others-can-feed-the-world/news-story/4b541037b3474b33fb4750b5099cfffa

Australia sells off farm to feed the world

Surely the greatest issue in the 21st century will be food and food production.

The Australian

https://www.domain.com.au/news/sydney-house-prices-to-fall-5-per-cent-over-next-two-years-according-to-bis-oxford-economics-20170309-guu6dq/

Sydney house prices ‘to fall 5% over next two years’: BIS Oxford Economics

Sydney’s house prices are expected to decline from mid-2017, with even higher declines likely in national apartment markets, a housing research company has predicted.

Domain

http://www.afr.com/real-estate/residential/treasury-proposes-making-it-easier-and-cheaper-for-foreign-buyers-20170309-guud8y

Treasury proposes making it easier and cheaper for foreign buyers

A new federal Treasury consultation paper proposes making it easier and cheaper for foreign investors to purchase new homes in Australia and invest in areas such as retirement living, aged-care, and student accommodation.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/coalition-talks-up-housing-affordability-package-in-may-budget/news-story/6d89d6461ba2dfa9bba3d3a57b579110

Coalition talks up housing affordability package in May budget

The government has raised expectations that a housing affordability package will be delivered in the May budget.

The Australian

https://www.domain.com.au/news/international-womens-day-2017-the-change-female-property-leaders-want-to-see-in-the-industry-20170307-guoyio/

The change female property leaders want to see in the industry

With this year's IWD dedicated to creating a more gender inclusive world, with the theme “be bold for change”, Domain asked five female leaders from the property sector how to get more women to the top.

Domain

http://www.afr.com/real-estate/gold-clients-only-for-overseas-property-loans-says-citi-20170307-gut0ss

'Gold' clients only for overseas property loans, says Citi

Citigroup will limit mortgages for overseas buyers amid concerns about its capacity to handle the increase in applications after the withdrawal of most other Australian banks.

The Australian Financial Review

http://www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj?et_cid=29069057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj&Email_name=MW5-03-08&Day_Sent=08032017

Long leases open door to housing affordability 'holy grail'

Changes to rental law to enable residential leases of 10 years or more, which are being introduced in Victoria and NSW, could open the door for a wave of institutional investment into housing.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/cba-chief-ian-narev-warns-against-just-tinkering-with-home-affordability/news-story/8095a3ee44e77679ab82c3df1d8707fb

CBA chief warns against ‘tinkering’ with home affordability

Ian Narev says CBA doesn't support "individual debates about one or other of these policies in the absence of a broad view as to the different drivers of housing affordability."

The Australian