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Victoria (Vic.)Melbourne

Featured Property

Hawksburn Village Victorian sold for $1.866m

The recently refreshed 2-bedroom terrace was sold by Nicole Gleeson and Nicky Rowe of Kay & Burton.

Queensland (Qld)Brisbane

Alchemy Restaurant offers premium at-home cuisine during COVID-19

Gourmet takeaway, pre made meals and a new sandwich concept have helped Brad and Angelica Jolly's Modern Australian restaurant Alchemy continue to connect with their guests during lockdown.

Queensland (Qld)

Pilot's paradise in SE Queensland at $1.9 million

Gracemere House is the epitome of grace and elegance and is situated between the beachside community of Hervey Bay and the heritage township of Maryborough, on the market through Michael Vettoretto of Queensland Sotheby’s International Realty.

New South Wales (NSW)Victoria (Vic.)

People

McGrath heads to Albury/Wodonga

McGrath Estate Agents has announced the opening of a new office in Albury, with principals Gabrielle Douglas and Philip Bell, reflecting its intent to expand into regional NSW and Victoria.

National

Politics

REIA calls for caution over new home building package

A new housing stimulus package for first home buyers could be detrimental to the real estate industry, according to Adrian Kelly, president, REIA.

National

Politics

As 'normal' returns strata owners are urged to take care

Strata corporations looking to re-open social or recreational facilities as COVID-19 restrictions gradually ease must exercise extreme caution, warns Strata Community Association.

New South Wales (NSW)Sydney

People

Starr Partners to open office in Parramatta

Award-winning western Sydney real estate group, Daniel Formosa and Mark Vella of Starr Partners, has announced it will open a new office in Parramatta next month.

National

Construction

Eight COVID-19 research projects to inform housing policy response to pandemic

The Australian Housing and Urban Research Institute (AHURI) research projects that will help governments make the best housing policy decisions during the pandemic.

National

Construction

Master Builders prepare to help rebuild Australia

In response to Prime Minister Morrison's speech at the National Press Club address, Master Builders Australia CEO Denita Wawn sees a light at the end of the tunnel.

Tasmania (Tas.)

The Economy

Recent residential tenancy rates a pleasant surprise

REIT president Mandy Welling said the vacancy rate for rentals has been consistent.

Pages

News Roundup

http://www.theaustralian.com.au/business/opinion/bernard-salt-demographer/australia-sells-off-the-farm-so-others-can-feed-the-world/news-story/4b541037b3474b33fb4750b5099cfffa

Australia sells off farm to feed the world

Surely the greatest issue in the 21st century will be food and food production.

The Australian

https://www.domain.com.au/news/sydney-house-prices-to-fall-5-per-cent-over-next-two-years-according-to-bis-oxford-economics-20170309-guu6dq/

Sydney house prices ‘to fall 5% over next two years’: BIS Oxford Economics

Sydney’s house prices are expected to decline from mid-2017, with even higher declines likely in national apartment markets, a housing research company has predicted.

Domain

http://www.afr.com/real-estate/residential/treasury-proposes-making-it-easier-and-cheaper-for-foreign-buyers-20170309-guud8y

Treasury proposes making it easier and cheaper for foreign buyers

A new federal Treasury consultation paper proposes making it easier and cheaper for foreign investors to purchase new homes in Australia and invest in areas such as retirement living, aged-care, and student accommodation.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/coalition-talks-up-housing-affordability-package-in-may-budget/news-story/6d89d6461ba2dfa9bba3d3a57b579110

Coalition talks up housing affordability package in May budget

The government has raised expectations that a housing affordability package will be delivered in the May budget.

The Australian

https://www.domain.com.au/news/international-womens-day-2017-the-change-female-property-leaders-want-to-see-in-the-industry-20170307-guoyio/

The change female property leaders want to see in the industry

With this year's IWD dedicated to creating a more gender inclusive world, with the theme “be bold for change”, Domain asked five female leaders from the property sector how to get more women to the top.

Domain

http://www.afr.com/real-estate/gold-clients-only-for-overseas-property-loans-says-citi-20170307-gut0ss

'Gold' clients only for overseas property loans, says Citi

Citigroup will limit mortgages for overseas buyers amid concerns about its capacity to handle the increase in applications after the withdrawal of most other Australian banks.

The Australian Financial Review

http://www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj?et_cid=29069057&et_rid=1925785124&Channel=Email&EmailTypeCode=&LinkName=http%3A//www.afr.com/real-estate/long-rents-open-door-to-housing-affordability-holy-grail-20170306-gurefj&Email_name=MW5-03-08&Day_Sent=08032017

Long leases open door to housing affordability 'holy grail'

Changes to rental law to enable residential leases of 10 years or more, which are being introduced in Victoria and NSW, could open the door for a wave of institutional investment into housing.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/cba-chief-ian-narev-warns-against-just-tinkering-with-home-affordability/news-story/8095a3ee44e77679ab82c3df1d8707fb

CBA chief warns against ‘tinkering’ with home affordability

Ian Narev says CBA doesn't support "individual debates about one or other of these policies in the absence of a broad view as to the different drivers of housing affordability."

The Australian