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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.

Victoria (Vic.)Melbourne

Featured Property

60s icon meets contemporary restoration

Designed by two of Australia’s most influential modernist architects, this South Yarra home sits among private gardens close to the Botanic Gardens, Yarra River bike and walking trails. For sale by Nick Gatacre and Melinda Bradley of Hocking Stuart South Yarra.

National

People

The five most common payroll mistakes by major companies

Tracy Angwin, CEO and founder of Australian Payroll Association and Director of Payroll HQ, offers an insight into the most common payroll mistakes.

National

People

5 career mistakes real estate agents should avoid making

Sharon Bennie, owner of Specialist Property Recruitment says real estate agents should avoid making these five costly career mistakes.

Design

Top drop: 12 best cellar homes

Custom wine cellars can add a new level of opulence to an already premium property. Enjoy a taste of these 12 full bodied cellar homes, as seen on Luxury List.

Pages

News Roundup

http://www.afr.com/real-estate/loss-makers-where-homes-and-apartments-lose-money-for-property-owners-20160628-gpu591

Where homes and apartments lose money for owners

The housing boom has delivered massive upside to some sellers but left others, those selling inner-city apartments in Melbourne, regional homes, or properties in Perth, with losses.

The Australian Financial Review

http://www.afr.com/real-estate/australians-buy-sterling-to-pick-up-cheaper-residential-property-postbrexit-20160627-gpssnk

Australians buy sterling to pick up cheap property post-Brexit

Australian investors are parking funds in the UK to snap up cheap property, speculating Brexit will drive down residential prices.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/subprime-lending-returns-to-fill-funding-gap/news-story/c1f12d6a95e461acb19ed4a7546e865d

Subprime lending returns to fill funding gap

Wealthy private investors are setting up funds to lend to foreign apartment buyers stranded by bank lending bans, creating a tier of subprime lending.

The Australian

http://www.domain.com.au/news/sydney-investors-favoured-interstate-property-play-turns-sour-20160615-gpk40a/

Sydney investors’ interstate property play may be turning sour

Almost one in four NSW investors have bought an investment property in Queensland, leaving them exposed to potential oversupply and price drops.

Domain

http://www.abc.net.au/news/2016-06-20/melburnians-hopping-on-board-free-overnight-public-transport/7525294

Overnight public transport numbers 'really strong' in Melbourne trial

The year-long trial of all-night public transport on weekends in Melbourne is "clearly working", the Government says.

ABC

http://www.theaustralian.com.au/business/property/home-prices-are-skyhigh-but-so-are-the-returns/news-story/8b0c260cac8f0e181b7740bee6dbd1f9

Home prices are sky-high, but so are the returns

Australian high-end homes rate among the best in the world for investment returns.

The Australian

http://www.afr.com/real-estate/residential/brexit-uk-property-values-likely-to-fall-but-they-will-recover-economists-say-20160626-gps3zl

Brexit: UK property values likely to fall, but will recover

Australian investors in UK residential property are likely to see prices fall in the short term. But lower interest rates and lower transaction volumes could underpin prices, says Knight Frank.

The Australian Financial Review

http://www.afr.com/real-estate/why-i-am-negative-on-labors-negative-gearing-20160623-gpqth6

Why I am negative on Labor's negative gearing

The negative gearing debate comes down to three arguments: impact, affordability and fairness.

The Australian Financial Review