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Northern Territory (NT)Darwin

People

Darwin agent Karl Secondis returns to Ray White

Karl Secondis is returning to the Ray White group, and to Fannie Bay, where he began his real estate career.

Victoria (Vic.)Melbourne

The Economy

Homes zoned for Melbourne's top public schools can sell for six figures more: REIV

Homes in the catchment zones of Melbourne's top public schools are attracting six-figure premiums, according to new data from the REIV.

Victoria (Vic.)Melbourne

Featured Property

“One of Toorak’s landmark properties” is for sale by RT Edgar Toorak

This elegant five-bedroom family residence on Toorak’s finest boulevard is for sale by Oliver Booth and Abby Innes of RT Edgar Toorak.

National

Tax

Which depreciation method is best for you?

There are two ways to calculate depreciation on plant and equipment in an investment property - by using the diminishing value method, or the prime cost method.

New South Wales (NSW)Sydney

People

D'Leanne Lewis sets new record selling Sydney eastern suburbs semi for $4.75m

D'Leanne Lewis has achieved the highest price ever paid for a semi-detached home in Sydney's eastern suburbs.

Western Australia (WA)Perth

People

Get to know Perth agent Michelle Kerr of Abel McGrath Claremont

Michelle Kerr, agent with Abel McGrath Claremont, says there is no better feeling than handing over the keys on settlement day.

Victoria (Vic.)Melbourne

Featured Property

Rare Yarra River frontage with city skyline views

This feature-packed executive residence is located in a premier enclave just 30 minutes' drive from the city. For sale through Aaron Yeats and John Le Gros of Jellis Craig Eltham.

New South Wales (NSW)Sydney South Australia (SA)Adelaide Victoria (Vic.)Melbourne

The Economy

Adelaide auction market achieves the nation's top clearance rate

Adelaide recorded a clearance rate of 75.9 per cent last week as "very, very keen purchasers" get serious.

New South Wales (NSW)

People

Di Jones' second annual awards night celebrates the company's best performers

Di Jones Real Estate Annual Awards were held on the weekend, recognising the company's top performers across 11 categories.

Queensland (Qld)

Featured Property

Sarabah Estate Vineyard: chic wine country style

This elegantly informal residence, with vineyard, olive grove, cellar door, and restaurant facilities, is for sale via Michael Vettoretto of Queensland Sotheby's International Realty.

Pages

News Roundup

http://www.reuters.com/article/2015/07/20/australia-apra-banks-idUSL3N0ZZ0EV20150720

Australian banks told to raise $7 bln under new capital rules

Australian banks have one year to raise $7 billion under new rules requiring a bigger cash buffer, a move widely expected to hit profits and push up mortgage rates, slowing a real estate rush that has economists warning of a property bubble.

Reuters

http://www.afr.com/real-estate/residential/will-the-warm-winter-property-market-give-way-to-an-even-hotter-spring-20150720-giec2r

Warm winter property market could become an even hotter spring

Houses are selling in record times in both Sydney and Melbourne and even though the number of homes listed for sale is down on last year, new property listings in Sydney and Melbourne are up on a year ago.

The Australian Financial Review

http://www.theguardian.com/money/2015/jul/17/goves-comments-on-selling-pentonville-jail-have-property-developers-salivating

Pentonville prison in north London ion developers' most-wanted list

The 10-acre site’s location in north London could mean rich pickings for the highest bidder if new justice secretary Michael Gove’s plan to sell it off comes to fruition.

The Guardian

http://www.news.com.au/national/chinas-economy-key-to-whether-australian-house-prices-drop/story-fncynjr2-1227449388646

Are high house prices here to stay?

Should Aussies struggling to break into the property market wait for a recession?

news.com.au

https://sourceable.net/architecture-hiring-spree-continues/

Architecture Hiring Spree Continues

As the improvement in building activity continues, the labour market for professionals in architecture throughout Australia continues to gather momentum.

Sourceable

http://www.telegraph.co.uk/finance/newsbysector/industry/mining/11749706/Commodities-crash-could-turn-Australia-into-a-new-Greece.html

Commodities crash could turn Australia into a new Greece

The commodities boom made Australia the lucky country but rising debt and a slump in Chinese demand for resources signal tough times ahead Down Under.

The Telegraph

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11483885

Buyers rush to beat Govt property change

An agent from Auckland's biggest residential real estate agency says "some groups of buyers" are trying to beat the Government's new restrictions on foreigners from October.

New Zealand Herald

http://www.smh.com.au/federal-politics/political-news/joe-hockey-dismisses-reserve-bank-of-australias-call-for-negative-gearing-review-20150716-gidi7v.html

Joe Hockey dismisses Reserve Bank of Australia's call for negative gearing review

The central bank has argued the policy could encourage debt-fuelled property speculation.

Sydney Morning Herald