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Most renters don't believe they will ever own their own home, survey says

That's according to a survey conducted by the Housing Industry Association (HIA) which found home ownership is more important to people than ever - but most believe it's completely out of their reach.

Queensland (Qld)

The Economy

Expressions of interest for approved Kenmore site

Expressions of interest are being sought for a substantial approved townhouse site in the affluent Brisbane area of Kenmore, at 128-132 Kenmore Road, through Ray White Special Projects Queensland.

Tasmania (Tas.)Hobart

The Economy

Top Sydney agent appointed to head up Tasmanian operation

Sydney Sotheby's International Realty Director, Gayle Walker will head up the Tasmania Sotheby’s International Realty new office.

Victoria (Vic.)Melbourne

Featured Property

Contemporary family elegance in Balwyn

Close to schools, transport and popular dining options, this brand new home is for sale via Jack Peng of Fletchers Canterbury and Gabrielle McVie of Fletchers Balwyn North.

National

The Economy

Sydney auction market bucking the trend

Preliminary auction clearance rates in Sydney nudged higher, as vendors adjusted their expectations to meet lower prices from savvy buyers.

New South Wales (NSW)

People

Entries open for novice auctioneering competition

Registrations are now open for the 2019 Real Estate Institute of New South Wales (REINSW) Novice Auctioneers Competition, with this year's proceeds going towards Domestic Violence NSW.

Western Australia (WA)Perth

The Economy

First home buyers on the move in Perth

Forty-nine per cent of sales were under $500,000 in February, indicating first home buyers are on the move.

New South Wales (NSW)Sydney

Featured Property

Executive oasis overlooking Sydney Harbour

This Rose Bay residence enjoys movie star details including indoor pool, infra-red sauna, gym, wet bar and ultra-luxe cinema room. For sale by Daniel Baran of Stone Double Bay and Alison Coopes of Agency by Alison Coopes.

National

The Economy

Half a dozen of Australia's best vineyard estates

Whether you're a wine connoisseur or can't pick your Pinot Gris from your Pinot Noir, we have selected some of the best vineyard estates in Australia as featured on Luxury List.

National

People

Get to know architect Bayden Goddard

Renowned architect Bayden Goddard is the man at the helm of progressive design-based practice Bayden Goddard Design Architects.

Pages

News Roundup

http://www.domain.com.au/news/the-damaging-ramifications-of-the-apartment-boom-20160408-gnxvnm/

The damaging ramifications of the apartment boom

Buyers looking for a freestanding home are being frozen out of the market. We need to think of creative ways to build townhouses or single-house dwellings that don't skimp on quality but can be bought for a similar price as apartments.

Domain

http://www.afr.com/real-estate/macquaries-paraway-reaps-record-profit-as-cattle-prices-rise-20160408-go209j

Macquarie's Paraway reaps record profit as cattle prices rise

Macquarie Group's $720 million agricultural land and livestock company Paraway Pastoral has posted a record net profit of $67.1, after a year in which it benefited from rising cattle and land prices.

The Australian Financial Review

http://www.afr.com/real-estate/how-50000-ha-of-nsw-has-been-preserved-in-private-20160408-go1vio

How 50,000 ha of NSW has been preserved in private

Since 2002, the Nature Conservation Trust has used its Conservation Property Fund to protect over 100 private reserves, and 52,000 ha of private country, across NSW.

The Australian Financial Review

http://www.domain.com.au/news/former-treasurer-joe-hockeys-canberra-home-sells-for-15-million-20160409-go2efj/

Former treasurer Joe Hockey’s Canberra home sells for more than $1.5m

Joe Hockey’s three-bedroom Canberra house failed to sell under the hammer but a price was negotiated soon after.

Domain

http://www.yourinvestmentpropertymag.com.au/news/mirvac-brushes-aside-oversupply-fears-with-new-sydney-project-214228.aspx

Mirvac Brushes Aside Oversupply Fears With New Sydney Project

Concerns about oversupply in Sydney’s inner south have not deterred one of Australia’s biggest apartment developers from unveiling a new project in the area.

Your investment property

https://sourceable.net/negative-gearing-creating-masses-of-vacant-apartments/

Negative Gearing Creating Masses of Vacant Apartments

Tax concessions are leading residential investors to pour excessive amounts of money into the wrong types of dwellings, two leading academics say.

Sourcable

http://www.domain.com.au/news/apartment-numbers-in-melbourne-could-double-in-coming-years-20160407-gnyr2b/

Apartment numbers in Melbourne could double in coming years

Almost 14,000 new apartments have been built in the CBD in nearly 15 years. Is this sustainable, and how many more are coming?

Domain

http://www.mortgagebusiness.com.au/breaking-news/9641-credit-growth-skyrockets-for-investors

Credit growth skyrockets for investors

Investor housing credit recorded its fastest growth rate in six months during February, according to new research.