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National

People

Adrian Kelly new Real Estate Institute of Australia President

The Real Estate Institute of Australia (REIA) has welcomed the election of a new President, Adrian Kelly from Tasmania.

Queensland (Qld)

The Economy

Demand for land subdivision sites in South East Queensland remains buoyant

Demand for residential land subdivision sites within South East Queensland's key growth corridors has remained high in 2018 despite a slowdown in sales volumes for residential land throughout the same period, according to Ray White Special Projects Queensland.

Australian Capital Territory (ACT)Canberra

People

Leading not-for-profit community housing provider seeks independent non-executive director

Community Housing Canberra (CHC), the largest not-for-profit community housing provider in the Australian Capital Territory, is looking for a Director for its Board.

National

The Economy

2018 wrap-up and Merry Christmas from The Real Estate Conversation

Merry Christmas from The Real Estate Conversation! We look back at a booming 2018 and recap our top 20 most read articles from around the nation.

Victoria (Vic.)Melbourne

Featured Property

Avon Court: approx. 4,249sqm estate 10 minutes from Melbourne’s CBD

This landmark 9-bedroom, 7-bathroom Hawthorn residence is for sale by Helena Chow of RT Edgar Toorak and Jeremy Fox of RT Edgar Macedon Ranges Woodend.

New South Wales (NSW)Sydney

The Economy

Sydney ranked 6th on list of where the super wealthy buy expensive homes

A Knight Frank real estate report tracking high net worth individual investors found Sydney ranks in the top six of ultra-prime cities globally for the number of residential sales above US $25 million.

Western Australia (WA)

The Economy

Industry body welcomes government increase to Keystart home loan scheme

More eligible first-homebuyers will get chance to enter the property market with the State Government extending its Keystart scheme by $420.9 million, in a move the Real Estate Institute of Western Australia has welcomed.

Victoria (Vic.)

People

Get to know Mark Wridgway, Director of RT Edgar Toorak

Director of RT Edgar Toorak, Mark Wridgway's career could have turned out very differently.

Victoria (Vic.)

Featured Property

Cassells: creative, hand-crafted luxury

This artist's home, designed by architect Ross Henry, features stunning entertaining options including a commercial quality bar with custom circular sofa and city views. For sale by Ben Flannagan and Lucas Peressini of Flannagan Peressini & Shaw Greensborough.

Queensland (Qld)Brisbane

People

McGrath spearheads growth of Brisbane team as 9 top agents join agency

Nine high performing agents will today join McGrath Paddington, as the agency seeks to bolster its Brisbane sales team.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/new-home-sales-figures-point-to-continued-record-construction/news-story/6bcdad58d558acbad46192a6e25964a7

New home sales figures point to continued record construction

New home sales inched higher in January in an indication that there is still some way to go before record levels of construction begin to soften.

The Australian

http://www.domain.com.au/news/signs-of-underquotings-demise-in-sydney-inaccuracy-drops-below-10-per-cent-20160302-gn2yxg/

Underquoting in Sydney on the decline: new data

The proportion of inaccurately quoted price guides dropped by a third in February 2016 compared to last year, according to statistics released on Tuesday by property price prediction company RealAs.

Domain

http://www.wsj.com/articles/homeowners-get-stuck-on-wallpaper-1456933394

Homeowners Get Stuck on Wallpaper

European wallpaper makers capitalize on new technology and revived interest in traditional looks.

The Wall Street Journal

http://www.theaustralian.com.au/business/property/veteran-bill-bridges-exits-ballard-embarks-on-highland-fling/news-story/4de07c3b99a84323b831e7131d7ecda8

Veteran Bill Bridges exits Ballard, embarks on highland fling

Veteran Sydney agent Bill Bridges has quietly left The Ballard Property Group after eight years with the company. It is understood Bridges, 87, plans to divide his time between Sydney’s eastern suburbs and NSW’s scenic southern highlands.

The Australian

http://www.afr.com/real-estate/sydney-house-prices-rise-in-february-hobart-the-best-performer-20160229-gn6yy4

Sydney house prices rise in February but Hobart the best performer

Sydney prices rose 0.5% in the first full month of housing sales and auctions in 2016, the second monthly rise in 2016 for Sydney, but the strongest performer was Hobart at 2.9%.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/negative-gearing-changes-rethink-after-tony-abbott-warning/news-story/0dba1d47060da85afd7ebbfaf4afb35b

Negative gearing changes rethink after Tony Abbott warning

Malcolm Turnbull is leaving room to retreat on a controversial change to negative gearing in the face of backbench fears and a warning shot from Tony Abbott about the government’s economic direction.

The Australian

http://www.theaustralian.com.au/business/property/unis-csiro-bid-for-white-bay-with-lend-lease-mirvac/news-story/74f629392dd67330a5b4dce2b130e963

Unis, CSIRO bid for White Bay with Lend Lease, Mirvac

Property heavyweights Mirvac and Lend Lease are among a slew of contenders vying to redevelop the White Bay Power Station on Sydney’s harbourfront. However, traditional property firms will have to contend with a consortium of leading universities planning a knowledge precinct on the site.

The Australian

http://www.domain.com.au/news/ironic-twist-in-sale-of-millers-points-historic-darling-house-20160301-gn7fsq/

Twist in sale of Millers Point's historic Darling House

Darling House was bought at auction last week for $7.7 million by Provectus Care, a 'premium aged care' company, with plans to turn it back into an aged-care facility.

Domain