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South Australia (SA)

People

Great Gatsby makes an appearance at REISA Awards for Excellence

On Saturday night, South Australia’s real estate elite battled it out at the 2019 REISA Awards for Excellence.

National

The Economy

Aussie expat tax could hit home owners hard

It was a bill introduced to Parliament in the 2017-2018 Budget but lapsed at the last Federal election. Now it is back.

Queensland (Qld)Gold Coast

Featured Property

Mermaid Beach sanctuary with Pacific Ocean views

Offering four levels of luxury, this spacious Hedges Avenue residence offers an absolute beachfront Gold Coast lifestyle. For sale by Michael Kollosche and Eddie Wardale of Kollosche.

Queensland (Qld)Sunshine Coast

Construction

Riverparks is the latest land sale providing family value

Riverparks is situated in Upper Caboolture high above the banks of the Caboolture River.

National

The Economy

“The cost of land is one of the main components in determining the price of a new home,” :HIA

The June 2019 edition of the HIA-CoreLogic Residential Land Report provides updated information on sales activity in 46 markets across Australia.

National

The Economy

Busiest week for auctions for the year

A preliminary clearance rate of of 75.3 per cent and volumes up by 33.5 per cent has confirmed the busiest week on the auction calendar for the year.

National

The Economy

Everything you needed to know about the First Home Owners Deposit Scheme

The Government has released details of how first home buyers can get themselves into the real estate market.

Queensland (Qld)Brisbane

People

New projects office to open for Belle Property

Veteran real estate agent Colin Hatch will be taking charge of Belle Property's new projects office.

Queensland (Qld)Brisbane

Featured Property

'Amity House': New Farm's iconic timber Queenslander

This grand riverfront estate offers an opportunity to purchase the last vacant northeast riverfront land in New Farm, with or without the heritage house. For sale by Matt Lancashire of Ray White New Farm.

Politics

Government’s commitment to the VET Sector is a welcome signal, says HIA

Australia’s Vocational Education and Training (VET) sector sits at the foreground of developing Australia’s future skilled workforce.

Pages

News Roundup

http://www.abc.net.au/news/2016-10-20/graziers-challenge-rinehart-with-bid-for-kidman-cattle-empire/7948490

S Kidman and Co: Australian graziers challenge Gina Rinehart with home-grown bid for cattle empire

The first entirely Australian offer for the Kidman cattle empire is due to be lodged this weekend and will be higher than Gina Rinehart's Australian-Chinese bid.

The ABC

http://www.news.com.au/finance/real-estate/buying/the-move-to-privatise-the-nsw-land-titles-registry-could-push-costs-up-further-for-homebuyers/news-story/5f2d53833f0f64f78a6d2c78649aaf30

The move to privatise the NSW land titles registry could push costs up further for homebuyers

Concerns are mounting that the privatisation of the NSW land titles registry will push up the cost of buying a home in the country’s least affordable state.

news.com.au

http://www.afr.com/real-estate/commercial/hotels-and-leisure/cowboy-developers-face-1m-in-penalties-over-pub-destruction-20161018-gs4pw3#ixzz4NQ1TEh9j

'Cowboy' developers face $1m in penalties over pub destruction

The developers who illegally demolished a 159-year-old Melbourne pub could face penalties of up to $1m and be forced to rebuild the facade as government, community and the development industry unite in outrage.

The Australian Financial Review

http://www.theaustralian.com.au/life/weekend-australian-magazine/moralisers-we-need-you/news-story/6bdb24f77572be68330bd306c14ee8a3

Moralisers, we need you!

"How can young people afford to eat like this? Twenty-two dollars several times a week could go towards a deposit on a house," writes Bernard Salt.

The Australian

https://www.theguardian.com/news/datablog/2016/oct/18/are-millennials-actually-bad-at-saving-or-are-houses-just-unaffordable?CMP=soc_567

Are millennials actually bad at saving or are houses just unaffordable?

Generation Y is often criticised for spending on luxury items but figures suggest they’re saving more than they used to and are faced with increasingly difficult-to-afford house prices.

The Guardian

http://thenewdaily.com.au/money/property/2016/10/14/underquoting-widespread/

‘Underquoting is so widespread I can’t hire real estate agents’

A Victorian real estate agent has been barred by a local newspaper from buying an advertisement warning readers of how widespread underquoting is in his industry.

The New Daily

http://www.theaustralian.com.au/business/property/developers-move-to-control-property-risk/news-story/caa586f075fb734a656c14564fdba5bd

Developers move to control property risk

Melbourne developer Golden Age will put a 20% cap on the ratio of overseas buyers, mostly Chinese, in its latest Sydney apartment project to lessen settlement risk.

The Australian

http://www.afr.com/real-estate/sydney-property-owner-makes-900pc-return-in-a-decade-20161017-gs4gfe

Sydney property: Owner makes 900pc return in a decade

Two doctors cashed in on the hot Sydney market, selling a Double Bay property that housed their practice for 40 years, for $4.61m on Monday.

The Australian Financial Review