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Home building boom improving affordability, says new report

Housing affordability has improved in most of Australia's capital cities, which one senior economist attributes to a record home building boom.

Queensland (Qld)Brisbane

The Economy

Approved development site for sale in Brisbane’s beautiful Bayside

Expressions of interest are being sought for a substantial approved townhouse development site in Brisbane’s affluent Bayside at 378 Manly Road, Manly West, through Ray White Special Projects Queensland.

Victoria (Vic.)Melbourne

People

New structure for Kay & Burton

The new year has come with change for Kay & Burton, which has announced the addition of seven new equity partners.

South Australia (SA)Adelaide

Featured Property

Brookhaven Estate: Hills living at its finest

This magnificent 1900's home that is one of just a rare few to grace the streets of the Adelaide Hills. For sale by Chris Robson and Callum Ansell of Belle Property Adelaide Hills.

Victoria (Vic.)Melbourne

The Economy

These are Melbourne's top price growth suburbs

Amid the doom and gloom surrounding the Melbourne housing market, the city’s median sale price crept up last year, according to the Real Estate Institute of Victoria (REIV). These were the top growth suburbs.

National

The Economy

Depreciation and off-the-plan properties

Investors who are looking to purchase a new property often look at buying off-the plan, says BMT Tax Depreciation.

National

The Economy

Tightened lending rules see new home sales plunge

New home sales fell by 14.9 per cent in the final quarter of last year, dropping to their lowest level in seven years, according to the Housing Industry Association of Australia (HIA).

Queensland (Qld)Gold Coast

Featured Property

"Heaven on earth" in the Currumbin Valley hinterland

Get away from the rat race in this stunning hinterland retreat nestled in the Currumbin Valley. For sale by Mishy Canning of LJ Hooker Palm Beach.

National

The Economy

Sellers expected to wait until late February to begin auctioning properties

Australia's auction market has gotten off to a slow start this year.

New South Wales (NSW)

Politics

Renewed calls for stamp duty reform in the wake of REINSW figures

A report commissioned by the Real Estate Institute of NSW has revealed the top 50 suburbs where the most stamp duty is paid, prompting CEO Tim McKibbin to speak out against the the way the tax is calculated.

Pages

News Roundup

http://www.theaustralian.com.au/business/wall-street-journal/student-housing-australias-hot-property-market-attracting-global-developers/news-story/e866f8cb1e6ae4a7805864e137bb9e4f

Student housing: Australia’s hot property market attracting global developers

Global property developers are circling in on the latest hot property market in Australia: student housing.

The Australian

http://www.afr.com/real-estate/melbourne-suburban-offices-being-converted-into-apartments-knight-frank-says-20160315-gnji6a

Melbourne suburban offices being converted into apartments, Knight Frank says

Record sales of office properties in Melbourne's suburbs last year are being followed by increasing conversion of office space to residential accommodation, a Knight Frank report shows.

The Australian Financial Review

http://www.domain.com.au/news/atlassians-mike-cannonbrookes-says-cost-of-australian-housing-education-and-transport-too-high-20160315-gnjind/

Atlassian’s Mike Cannon-Brookes says cost of Australian housing, education and transport too high

Australia’s high cost of living is the biggest hurdle facing companies trying to attract senior technical staff like software engineers, says the billionaire co-founder of software developer Atlassian.

Domain

http://www.afr.com/real-estate/brisbanes-apartment-oversupply-no-trouble-for-metro-property-development-20160314-gni623

Brisbane's apartment oversupply no trouble for Metro Property Development

Concerns about an oversupply of Brisbane apartments did not affect sales of Metro Property Development's latest $180m project at the weekend as well over half of the 30-storey tower was sold.

The Australian Financial Review

http://www.afr.com/news/politics/actuaries-institute-unlock-family-home-for-a-better-lifestyle-in-retirement-20160311-gngn7z

Unlock family home for a better lifestyle in retirement: Actuaries Institute

The Actuaries Institute has unveiled a plan that would relax pension eligibility rules for downsizing retirees and potentially unlock billions of dollars in housing wealth held by older people.

The Australian Financial Review

http://www.smh.com.au/comment/lets-rezone-point-piper-to-fit-the-big-australia-advocates-long-for-20160313-gnho2k.html#ixzz42te8JL5f

Let's rezone Point Piper to fit the Big Australia advocates long for

Bumping up our population by adding a million every 3½ years leaves most Australians cold. It's time for Advocates of a Big Australia to come clean about the details – for infrastructure, for density, for a degraded environment.

Sydney Morning Herald

http://www.theaustralian.com.au/business/property/south-caloundra-gains-a-certain-aura/news-story/ab03cc13640970ada3bc68a24d33dcb4

South Caloundra gains a certain Aura

Developer Stockland is about to release 20,000 lots of land on Queensland’s Sunshine Coast over the next 30 years in what it bills as Australia’s largest masterplanned community under single ownership.

The Australian

https://sourceable.net/replacing-australias-vanishing-backyards-with-urban-forests/#

Replacing Australia's vanishing backyards with urban forests

As the population density of Australia’s major cities continues to rise, urban landscapes are set to undergo dramatic changes.

Sourcable