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Featured Property

French country manor on the Sunshine Coast

Presenting European charm with details such as rich stonework, stained glass windows and a central stone tower, this elegant residence is set on approx. four hectares with sweeping hinterland and ocean views. For sale by Michael Hatzifotis and Dimitri Platsis of Place Kangaroo Point.

National

The Economy

30 per cent drop forecast for Sydney and Melbourne, but Hobart outlook is strong: SQM Research

Sydney and Melbourne house prices could fall by as much as 30 per cent, while Hobart house prices could rise by 5 per cent, according to SQM Research Louis Christopher's Boom and Bust Report.

Queensland (Qld)

The Economy

Mortgagee sale for land estate in Gladstone

Expressions of interest are being sought on behalf of a Mortgagee for the balance of Oasis Land Estate, Kirkwood Road, Gladstone, by Ray White Special Projects Queensland.

Queensland (Qld)

People

Queensland Sotheby's International Realty appoints leading Whitsundays Principal

Queensland Sotheby's International Realty has appointed former Hamilton Island Realty Principal Wayne Singleton to head up its new operation in the Whitsundays.

New South Wales (NSW)Sydney

Featured Property

Iconic Collaroy residence: 'The Point House'

With a striking design, this luxury contemporary beach house enjoys ocean views and direct access to Collaroy Beach. For sale by Brendan Pomponio, Joshua Perry and Daniel Hindmarsh of Belle Property Dee Why.

National

The Economy

Australians think it's a good time to purchase property, despite thinking house prices will fall further, Westpac survey reveals

Westpac's monthly consumer sentiment survey reveals most Australians believe now is the best time to buy a house, despite thinking house prices will fall further still.

New South Wales (NSW)

Politics

NSW property industry to move ahead with Conveyancing Legislation Amendment Bill

The New South Wales Government has passed legislation that will allow the electronic witnessing of documents, in a move welcomed by the Real Estate Institute of New South Wales (REINSW).

Queensland (Qld)

The Economy

Southeast Queensland suburbs among best in state for price growth

Data from industry body the Real Estate Institute of Queensland (REIQ) and CoreLogic reveals the highest growth suburbs in Queensland.

New South Wales (NSW)Sydney

Featured Property

Grand Mosman home with majestic Middle Harbour views

This private family sanctuary connects expansive indoor and outdoor living spaces with sparkling water views. For sale by Michael Coombs and Eliza Fitzpatrick of McGrath Mosman.

New South Wales (NSW)Sydney

The Economy

Where are Sydney's priciest suburbs?

The Harbour City is home to some of the country's most expensive real estate, but where are Sydney's most expensive suburbs?

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News Roundup

http://www.theaustralian.com.au/business/property/credit-suisses-perth-office-buy-expands-australian-empire/news-story/7546974a98e1a948333f6ba769e502cf

Credit Suisse's Perth office buy expands Australian empire

Credit Suisse’s real estate arm has swooped on a premium office tower in Perth’s central business district that was offloaded by Terrace Properties for $64.2 million in one of the city’s first major deals this year.

The Australian

http://www.business-standard.com/article/news-ani/australian-high-commission-welcomes-bijoy-jain-s-mpavilion-commission-116020900901_1.html

Australian High Commission welcomes Bijoy Jain's MPavilion commission

Acting Australian High Commissioner Chris Elstoft today congratulated Indian architect Bijoy Jain for winning the commission by Australia's Naomi Milgrom Foundation to design the third edition of MPavilion. An annual design event for Melbourne, MPavilion is a unique architecture commission for the historic Queen Victoria Gardens to house talks, workshops, performances and installations from 5 October 2016 until 5 February 2017.

Business Standard

http://www.smartpropertyinvestment.com.au/news/15061-property-to-remain-at-top-of-ato-s-hit-list

Property to remain at top of ATO's hit-list

One national accounting network has tipped that SMSF property investment will be a big-ticket item on the compliance agenda in 2016. Given the growth in the SMSF sector and the increasing popularity of strategies such as limited recourse borrowing arrangements (LRBAs), H&R Block has tipped that property will remain a top priority for the ATO’s compliance work in the SMSF sector this year.

Smart Property Investment

http://www.smh.com.au/business/property/av-jennings-say-australias-housing-sector-is-in-a-crisis-20160208-gmo7bc.html#ixzz3zcLjWt2v

AVJennings say Australia's housing sector is in a crisis

Australia's oldest housing developer AVJennings has said that the country's residential sector is in a crisis due to a long term undersupply. AVJennings is the first housing developer to report its earnings for the first half of this financial year and is seen as a bellwether for the conditions in the single dwelling residential sector.

Sydney Morning Herald

http://www.theaustralian.com.au/business/technology/beat-the-househunting-scrum/news-story/cd96750e52844e418677b5c1119fb03e

Beat the house-hunting scrum

A new Australian app promising to change the way Australians interact with real estate listings is set to launch nationally under the guidance of a former Facebook and Amazon executive.

The Australian

http://www.canberratimes.com.au/national/public-service/the-federal-public-services-34000-empty-desks-in-more-than-500-buildings-around-australia-20160207-gmo3wr.html

The federal public service's 34000 empty desks in more than 500 buildings around Australia

The federal government is to go national in its efforts to offload some of the hundreds of thousands of square metres of office space leased by Commonwealth departments but sitting empty. The Commonwealth has 34,000 empty desks in more than 500 buildings around Australia, according to the latest government data.

The Canberra Times

http://www.abc.net.au/news/2016-02-06/wa-real-estate-slump-hits-pilbara-hard-turnover-slows/7145614

More pain for WA's north as turnover slows statewide

The latest real estate data for Western Australia has confirmed a gloomy outlook in the state's Pilbara region.

ABC News

http://www.theaustralian.com.au/business/property/chinese-investors-still-bullish-despite-potential-slowdown/news-story/c86f53c72f080e6b3485d30c5b491914

Chinese investors still bullish

Some of China’s largest developers say they are still intent on expanding in Australia despite fears of a slowdown in apartments and the imposition of tougher controls on Chinese outbound investment. Greenland Group, China Poly Group, Country Garden and Starryland Australia are among the companies that told The Australian that their growth plans here remain bullish.

The Australian