The Real Estate Conversation

Contact

Housing affordability improves while rental affordability declines: report

A new report has revealed that NSW has experienced the largest improvement in housing affordability for the March quarter.

New South Wales (NSW)Sydney

People

Richard Shalhoub returns to McGrath as company grows Sydney CBD footprint

McGrath has announced the acquisition of Sotheby's Sydney CBD in a settlement expected to be worth 1.6 million.

Victoria (Vic.)Melbourne Brighton

Featured Property

State of the art European style

This as new smart home enjoys sophisticated entertaining options, spacious accommodation, and premium features such as a fully appointed Gold Class home theatre. For sale by Stefan Whiting and Gary Yue of Buxton Brighton.

The Economy

RBA delivers

The RBA has broken its 30-month stalemate with a cut to the national cash rate in a move expected to provide further assistance to home buyers.

National

Construction

ArchiStar.ai survey offers property developer industry snapshot

Property intelligence platform ArchiStar.ai has identified the top three challenges for the property development industry based on market survey conducted last week.

Victoria (Vic.)

Politics

Clarification needed on new bill - REIV

The Real Estate Institute of Victoria has called on the state government to provide more detail on Sale of Land Amendment Bill passed in parliament last week.

Queensland (Qld)

Featured Property

2014 Home Of The Year on the market in Cairns

The canal front home enjoys 26m of wide water frontage within the enviable Bluewater Harbour Estate. For sale by Nathan Shingles of FNQ Hot Property.

The Economy

Adelaide only capital city to avoid decline in dwelling values as regional areas perform strongly

Dwelling values have experienced their smallest national month-on-month fall in a year, according to CoreLogic.

The Economy

Start of winter brings lower volumes as clearance rates continue to creep up

The renewed confidence which headlined auction results in the week following the election is still yet to reach vendors, according to CoreLogic.

New South Wales (NSW)

Politics

NCAT jurisdiction issue leaves landlords in the lurch - REINSW

The Real Estate Institute of NSW has raised concerns regarding NSW Civil and Administrative Tribunal's inability to hear cases if one or more parties live interstate.

Pages

News Roundup

http://www.theaustralian.com.au/opinion/federal-election-2016-corrupt-construction-sector-needs-repair/news-story/4112347560da8092abbf51df500b6e3b

Corrupt construction sector needs repair

With election day looming, it’s timely to come back to the issue that triggered this double-dissolution poll but which has had very little attention since.

The Australian

http://www.domain.com.au/news/firsthome-buyers-left-relying-on-home-building-causing-price-drops-nsw-budget-20160621-gpo260/

First-home buyers left relying on price falls

First-home buyers received no new grants or concessions in the NSW Budget.

Domain

http://www.afr.com/real-estate/residential/hsbc-property-price-growth-to-halve-in-2016-20160620-gpnvuo

Property price growth to halve in 2016

HSBC chief economist Paul Bloxham expects tighter lending, apartment oversupply and taxation of foreign buyers to slow growth from 9% in 2015 to 4-5% per cent in 2016.

The Australian Financial Review

http://www.yourinvestmentpropertymag.com.au/news/perception-or-reality-what-does-an-australian-real-estate-investor-really-look-like-218166.aspx

What does an Australian real estate investor really look like?

Australian property investors now account for more than a quarter of the nation’s housing stock.

Your Investment Property

http://www.afr.com/real-estate/residential/udia-says-labor-should-release-modelling-over-negative-gearing-20160620-gpnebf

UDIA says Labor should release negative gearing modelling

The UDIA says the Labor Party should release modelling showing changes to negative gearing would be good for the economy.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/investment/childcare-sector-on-track-for-record-year-of-investment-20160620-gpn8oc

Childcare sector on track for record year of investment

Childcare is emerging as a 'true property investment class', according to Colliers.

The Australian Financial Review

http://www.theaustralian.com.au/business/wall-street-journal/jones-lang-lasalles-data-trove-speeds-service-delivery/news-story/189d00478d75b6b42718ac0f1ec44aa1

Jones Lang LaSalle’s data trove speeds service delivery

JLL last June launched RED, a data management and analytics platform, that gives customers more insight into their property portfolios or help identify new sites.

The Australian

http://www.afr.com/real-estate/residential/negative-gearing-changes-unite-real-estate-agents-20160617-gplx4g

Bill Shorten's negative gearing plan unites real estate agents

In the last weeks of the election campaign, the nation's largest real estate groups have united to press the message against negative gearing changes.

The Australian Financial Review