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'Skyrocketing' stamp duty in Victoria needs to be reviewed - Property Council

There are fresh calls for Victoria's stamp duty brackets to be reviewed in the wake of new data from the Property Council of Australia showing Melbournians now have to pay, on average, an additional 9 weeks of salary to cover the inflating cost of the tax.

New South Wales (NSW)Sydney

People

Laing added to Knight Frank Prestige Residential Sales team

Knight Frank has welcomed another new addition to its Prestige Residential Sales team, with William Laing joining from The Agency.

New South Wales (NSW)

People

'Influence and Impact' at the centre of Cunninghams conference and awards

Cunninghams Real Estate held its second annual conference and awards night earlier this month with the theme of 'Influence and Impact'.

National

Politics

Tape and taxes account for half of a House and Land Package - HIA

Half of the cost of a house and land package in Sydney is red tape and taxes, according to new data from the Housing Industry Association.

New South Wales (NSW)Sydney

Featured Property

'Ellesmere': magnificent San Souci bayside estate

One of the most historically important homes in New South Wales, 'Ellesmere' offers space, grandeur and prestige with stunning bay views. For sale by Steve Beattie of McGrath Cronulla.

People

Creating successful tenant relationships: How and Why

The Real Estate Institute of NSW examines what property managers can do to help tenants at the beginning of the renting process, during a tenancy and at the end of a tenancy.

Design

Top 10 things to look for in a co-working space

@WORKSPACES Founding Director Mariska Folley outlines the ingredients for the ideal co-working space.

National

The Economy

Combined capital city clearance rate expected to reach highest point since May 2017

The final weekly clearance rate for the combined capital cities is expected to hold above 70 per cent for the first time in more than two years, according to the latest data.

Queensland (Qld)Gold Coast

People

New home for Nicole at McGrath Surfers Paradise

McGrath Estate Agents has continued its recruitment drive, announcing the appointment of Nicole Carter to the Surfers Paradise branch.

National

The Economy

More Australians seeking space this spring: research

New research from Westpac has shown the proportion of Australians considering upsizing has nearly doubled since last year, while more than half are feeling more confident about the state of the property market.

Pages

News Roundup

http://www.scmp.com/property/hong-kong-china/article/2007409/immigration-levels-ensure-long-term-growth-australias

Immigration levels ensure long term growth for Australia’s property market

Why Australia remains one of the world’s most attractive markets for commercial real estate.

South China Morning Post

http://www.afr.com/business/banking-and-finance/westpac-raises-mortage-rates-as-battle-for-deposits-heats-up-20160823-gqywed

Sydney property owners making $200,000 a year for 'doing nothing'

Home owners and parents of first home buyers armed with "plenty of cheap money" cleaned out the LJ Hooker auction at Centennial Park in Sydney's eastern suburbs on Tuesday night.

The Australian Financial Review

http://www.afr.com/real-estate/residential/vic/richlisters-partner-on-melbourne-quarry-deal-20160823-gqz1yx

Rich-listers partner on Melbourne quarry deal

Two of Australia's richest families – the Smorgons and the Scanlons – have taken stakes in the redevelopment of a Melbourne quarry into a future housing community.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/low-interest-rates-send-homebuyers-to-the-coast/news-story/3d1e35edfe23be46bd4a57b12414ddb1

Low interest rates send homebuyers to the coast

The seachange trend is emerging again as a driving force of the national property market as Australians move to the coast to take advantage of low interest rates and capitalise on their current home’s value.

The Australian

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/canadas-lesson-for-the-local-property-market/news-story/dafef09c2b229ae517f449c63c5d442d

Canada’s lesson for the local property market

As buyers took auction clearances to a one-year high in Australia, on the other side of the Pacific in Vancouver, prices are down 20 to 30%.

The Australian

http://www.architectureanddesign.com.au/news/concerns-rise-from-aca-salary-survey-architects-aw?mid=eb029d4170&utm_source=Cirrus%20Media%20Newsletters&utm_campaign=651e1706a0-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_fe913f1856-651e1706a0-60578053

ACA salary survey: architects award being ignored, women underpaid

Some 13% of firms surveyed in the 2016 National Salary Survey are underpaying some employees, and female architects and interior designers are paid less than men.

Architecture and Design

http://www.theaustralian.com.au/business/property/apartment-living-relieve-the-stress-of-a-house/news-story/d3705dc0e8353e43fd5fe670e072f13c

Apartment living relieve the stress of a house

Figures from almost every statistical database show the dream of owning a house, land, Hills hoist, and driveway, is dying.

The Australian Financial Review

http://www.smh.com.au/comment/the-bizarre-planning-scenario-playing-out-in-sydney-20160818-gqvw6t.html

The bizarre planning scenario playing out in Sydney

Turnbull's admission on ABC 702 last week that she was "not aware that there are houses going to be demolished at Haberfield," was a shocking public admission.

The Sydney Morning Herald