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Knight Frank Prestige Residential sells two Mosman properties as restrictions lift

Mark Manners of Knight Frank Prestige Residential Sales told WILLIAMS MEDIA, “There are many qualified and cashed up buyers in the market.”

Victoria (Vic.)Melbourne

Featured Property

South Yarra sanctuary sold to downsizer for $3.45m

Sold by Nicole Gleeson and Nicky Rowe of Kay & Burton, who told WILLIAMS MEDIA, “These special listings are rare and when one hits the market buyers know they are slim pickings.”

New South Wales (NSW)

People

Top honour received for Oxygen Home Loans broker

Fabio De Castro of Oxygen Home Loans wins NSW/ACT Residential Finance Broker of the Year at the Mortgage and Finance Association of Australia (MFAA) Excellence Awards.

Northern Territory (NT)Darwin

The Economy

Demand for Darwin property as borders prepare to reopen

The property market in Darwin hots up as borders are ready to open next month, according to Glenn Grantham of Raine & Horne Darwin.

New South Wales (NSW)

People

Sotheby's International Realty ready to offer their services to Byron Bay

Dominique Vasers Williams will be providing the trademark Queensland Sotheby's International Realty quality service to clients on the Northern Rivers.

Tasmania (Tas.)

The Economy

Tassie Real Estate shrugs off COVID-19

While Tasmanian real estate has stayed steady throughout COVID-19, the REIT says the future is most concerning if this level of supply and demand remains.

National

The Economy

ATO offers tax information for landlords

Residential rental property owners who have suffered through 2020 get some advice from the Australian Taxation Office.

Victoria (Vic.)

Politics

Tighter restrictions for auctions and open house inspections in Victoria

The Andrews Government announced a return to tighter restrictions which means that crowds at auctions and open house inspections will continue to be limited to 20 people.

Victoria (Vic.)

Politics

Fixing flammable cladding faster and creating local jobs

The Victorian Government will fast-track the rectification of buildings with dangerous cladding to make them safer, sooner and create thousands of jobs as the economy rebuilds from the coronavirus pandemic.

International

The Economy

Renewed activity on global residential markets

Savills Research releases the latest sentiment survey of the global residential network to assess the effects of COVID-19.

Pages

News Roundup

https://www.domain.com.au/news/starchitect-shigeru-ban-highlights-major-flaw-with-housing-affordability-in-sydney-20170327-gv72il/

Starchitect Shigeru Ban highlights major flaw with housing affordability in Sydney

Profit, not passion, is putting home ownership – and good design – further out of reach for the average Sydneysider, says Pritzker Prize laureate Shigeru Ban.

Domain

http://www.afr.com/real-estate/london-mansion-owners-turn-to-airbnb-as-buyers-turn-up-noses-20170327-gv7dl2

London mansion owners turn to Airbnb as buyers turn up noses

Frustrated after searching for a buyer for two years, the owner of a luxury apartment overlooking London's Hyde Park decided to rent it out for $2,463 a night.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/house-prices-surge-37pc-since-start-of-year/news-story/96330f7f30bf072c4c8b7c0c8f7cb1ce

House prices surge 3.7pc since start of year

Home prices in Australia’s biggest cities have jumped 3.7% since the start of the year.

The Australian Financial Review

http://www.afr.com/news/nation-split-on-negative-gearing-cgt-and-company-tax-cuts-poll-20170326-gv6o05

Nation split on negative gearing, CGT and company tax cuts: poll

Opinion is divided over two of the most contentious areas of economic policy.

The Australian Financial Review

http://www.afr.com/personal-finance/cba-to-mortgage-brokers-beat-rivals-by-churning-20170323-gv50n8

CBA to mortgage brokers: Beat rivals by churning

CBA is encouraging brokers to churn mortgages rather than lose borrowers to competitors who are offering incentives to switch lenders, analysis reveals.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/housing-crisis-essential-workers-locked-into-long-commute/news-story/e2d0681c4cf4ef79d78eb161f5d6c373

Housing crisis: essential workers locked into long commute

Key services to Australia’s largest city risk being compromised as skyrocketing house prices push nurses, firefighters and other moderate-income earners in essential jobs out of the city.

The Australian

https://www.wsj.com/articles/greta-garbos-manhattan-apartment-goes-on-the-market-1490310716

Greta Garbo’s Manhattan Apartment on the Market

Garbo lived in the river-facing Manhattan apartment from 1953 to her death in 1990. The three-bedroom unit occupies the entire fifth floor of a 14-story building known as the Campanile, built in 1927.

The Wall Street Journal

http://www.smh.com.au/nsw/westconnex-road-widening-triggers-need-to-insulate-apartments-in-inner-sydney-20170324-gv6aq5.html

WestConnex road widening triggers need to insulate apartments in inner Sydney

The state's roads authorities are considering retrofitting airconditioning units and noise insulation to apartments in dense inner-city suburbs where they are widening roads to accommodate traffic moving onto and off the WestConnex.

The Sydney Morning Herald