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House building predicted to go over 200,000 by 2024/25

New home building and transport infrastructure are set to drive construction activity higher over the next few years, according to Master Builders Australia’s Chief Economist Shane Garrett

New South Wales (NSW)

Featured Property

Idyllic Jiggi acreage for sale in Northern NSW - REAL Specialists

15 minutes from Lismore, this 5-acre Jiggi property is for sale by Jodie Mitchell of REAL Specialists with a price guide of $1,080,000 to $1,150,000.

New South Wales (NSW)Sydney

People

Why Darren Curtis of Ken Jacobs Christie’s International Real Estate is positive on the outlook for 2020

"There is a continuing, and even strengthening, interest in Australia overall as a blue-chip destination."

New South Wales (NSW)Sydney

Featured Property

Breathtaking Sydney Harbour deep waterfront home sold by Knight Frank and The Agency

The sale of the resort style residence resulted in the Prestige Residential team’s fourth sale above $15 million in the last five months, on the back of three trophy homes selling in the area in the space of a week.

Queensland (Qld)Brisbane

Featured Property

Landmark sale on Hamilton Hill

Unique landscaped estate on Brisbane's Hamilton Hill sold prior to auction to a local family by Matt Lancashire and Christine Rudolph of Ray White New Farm.

National

The Economy

10 prime areas for luxury apartments

As buyers are looking to 'right-size' their living situations, many are snapping up luxury apartments. Knight Frank lists the best value places.

National

The Economy

Optimism is ramping up in the auction sphere

Ray White Victoria's Jeremy Tyrrell says there are many indicators pointing to a positive year in the property market.

Western Australia (WA)Perth

The Economy

Competition for Perth rentals heats up as vacancy rates fall

More than 15 people on average are vying for rental properties in WA, according to Andrew Graham of Rental Management Australia

National

The Economy

Huge auction numbers this weekend

A major jump in the number of auctions this weekend will have buyers, sellers and agents very busy, according to CoreLogic.

National

The Economy

Customers find being loyal a taxing affair

Joust's Mark Bevan suggests home owners do some research to see if they are paying a 'loyalty tax' to the big banks.

Pages

News Roundup

http://www.afr.com/real-estate/affluent-suburbs-feel-heat-from-rising-property-costs-20170105-gtmmhc

Affluent suburbs feel heat from rising property costs

Property buyers in some of the nation's swankiest suburbs are among those under most stress keeping up mortgage repayments, according to new analysis.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/logan-residents-reject-750m-resort-project-at-koala-habitat/news-story/8b08db25e1b592621f91f697c88f00fc

Logan residents reject $750m resort project over koala habitat

A $750m resort planned for the koala habitat in Logan, SE Queensland, by a Chinese developer who donated more than $60,000 to the local mayor, has been rejected by the local community.

The Domain

http://www.architectureanddesign.com.au/news/concept-for-$3b-gold-coast-casino-revealed?utm_source=Newsletter%20Lists&utm_campaign=831458b552-Architecture%2520and%2520Design%2520Newsletter%2520-%2520201&utm_medium=email&utm_term=0_3aac924711-831458b552-100081773

New plans for $3b Gold Coast casino resort revealed

Designs for a new multi-billion dollar integrated resort development for the Gold Coast was revealed late December.

Architecture & Design

http://www.abc.net.au/news/2017-01-04/victoras-consumer-watchdog-takes-legal-action-underquoting/8160266

Two Melbourne real estate agencies face legal challenge over underquoting allegations

Consumer Affairs Victoria has launched legal action in the Federal Court against two real estate agencies over allegations of underquoting in Melbourne.

The ABC

http://www.afr.com/real-estate/residential/angus-raine-calls-for-stamp-duty-break-to-encourage-emptynesters-to-downsize-20170107-gtnnyg

Angus Raine calls for stamp duty break to encourage empty-nesters to downsize

Real estate agent Angus Raine has called for stamp duty breaks for empty-nesters aged over 70 to increase the turnover of housing stock and improve housing affordability.

The Australian Financial Review

http://www.domain.com.au/news/migration-surge-drives-housing-markets-and-economies/

Migration surge drives housing markets and economies

Continuing strong net migration is driving housing demand and housing market activity in both Victoria and NSW.

Domain

http://www.afr.com/real-estate/generation-reversible-the-harsh-reality-of-buying-a-house-20161222-gtgjr2

Generation reversal: The harsh reality of buying a house

Rather than buy a house in their early 20s, the new generation will start contributing to super as early as they can – and hope the sharemarket thrives for the next 40 years.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/airbnb-squeezing-out-longterm-renters/news-story/3879040e326be335f64e836c1d704b17

Airbnb squeezing out long-term renters

The number of homes and apartments in major cities listed on Airbnb has surged, fuelling fears that landlords will turf out renters for higher-paying short-term tenants.

The Australian