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Perth and Adelaide revealed to have most affordable rents

CoreLogic's Quarterly Rental Review for 2019 has shown that national weekly rents have risen by 1 per cent during the first three months of the year.

National

The Economy

Capital city clearance rates hold steady as sub-regions shine

Sydney's South West and Melbourne's North West and Outer East have recorded strong clearance rates in the CoreLogic auction results from last week.

Victoria (Vic.)Melbourne

Featured Property

Middle Park urban sanctuary

This award-winning renovated home offers subtle sophistication in an enviable lifestyle location, 5 kilometres from Melbourne’s CBD. For sale by Simon Gowling and Greg Hocking of Greg Hocking Holdsworth.

National

The Economy

Divorcees Downsizing to Apartments

There has been an increase in the amount of single parents heading to strata communities, according to Archers the Strata Professionals.

New South Wales (NSW)

Construction

Game Changers : Aboriginal and Torres Strait Islander women breaking ground in Australia's construction industry

According to the most recent Census survey from the Australian Bureau of Statistics, the Construction industry is the third highest industry (equal to Education and Training) Aboriginal and Torres Strait Islander people are employed in, but only 10% of those employed are women.

New South Wales (NSW)Sydney

Featured Property

La Joie de Vivre: palatial Pittwater living as seen on The Bachelor

Inspired by grand French chateaus, this French provincial mansion commands panoramic views over Pittwater to the Pacific. For sale by Darren Curtis of Ken Jacobs Christies International Double Bay.

National

Design

Rise above: 12 amazing Australian apartments

Opulent details, innovative layouts and world class facilities. We take a look at a dozen of Australia's most exceptional apartments, as seen on Luxury List.

Victoria (Vic.)Melbourne

The Economy

All aboard the savings train

Savvy house-hunters could save up to $668,250 by purchasing one stop further down the train line, according to the latest research from the Real Estate Institute of Victoria.

National

People

Lost connections competition launches in Canberra

The Australian Institute of Landscape Architects (AILA) has launched an ideas competition exploring the issues of climate change through remaking ‘lost connections’ in Canberra’s cultural, natural and built environments.

People

Get to know Colliers International's Mark Stowe

WILLIAMS MEDIA sat down with Colliers International Retail Asset Transactions Senior Executive Mark Stowe to reflect on his time within the industry so far.

Pages

News Roundup

http://www.yourinvestmentpropertymag.com.au/news/big-disconnect-between-apartment-supply-and-demand-216089.aspx

'Big disconnect' between apartment supply and demand

Australia’s capital cities are expected to see a record 231,129 new apartments come on line in the next 24 months, which could have a serious impact on the market given that it exceeds historical demand levels, according CoreLogic RP Data.

Your Investment Property

http://www.afr.com/real-estate/the-cost-of-new-melbourne-planning-rules-report-20160515-govund

The cost of new Melbourne planning rules: report

Tough new planning rules in the Melbourne CBD could have hit development site values by up to 44%, according to a government-commissioned report.

The Australian Financial Review

http://www.afr.com/real-estate/perth-hotspots-despite-falls-some-suburbs-are-rising-in-price-20160516-gow0we

Perth hotspots: despite falls, some suburbs are rising in price

Perth's housing market may still be losing ground but there are still affordable suburbs whose prices are rising consistently, PRDnationwide says.

The Australian Financial Review

http://www.afr.com/opinion/columnists/negative-gearing-is-a-tax-debate-masquerading-as-housing-affordability-20160515-govgdv

Negative gearing is a tax debate masquerading as housing affordability

You can't put $32 billion in new taxes on the property industry and not expect it to harm housing supply and make a bad situation worse.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/real-estate-agents-nervous-over-weakening-property-market/news-story/c3686f66b795a8a2f8f072594a8b419a

Real estate agents nervous over weakening property market

Property executives are watching the housing market closely as signs of weakness in listing numbers and auction volumes build and compound the effect of weak results throughout March and April.

The Australian Financial Review

http://www.smh.com.au/federal-politics/federal-election-2016/election-2016-negative-gearing-scare-campaign-selfserving-labor-20160515-govjjb.html

Negative gearing scare campaign self-serving: Labor

Labor is targeting property tycoon 'Aussie' John Symond, accusing the multimillionaire of doing the bidding of Malcolm Turnbull to undermine the opposition's negative gearing proposals.

The Sydney Morning Herald

http://www.newyorker.com/magazine/2016/05/16/the-rise-of-the-co-living-startup

Happy together

Why give up dorm life?

The New Yorker

http://www.theaustralian.com.au/business/financial-services/defence-banks-secure-customer-base-is-its-greatest-strength/news-story/e704f04dd99e7497e43070cc33bd805a

Security is bank's great strength

Defence Bank is a small customer-owned lender that claims to have never lost money on a mortgage.

The Australian