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NSW Budget shows it is time to get serious about stamp duty: REIA

The Real Estate Institute of Australia (REIA) has today called for a coordinated approach to stamp duty reform as the Australian economy emerges from its COVID-19 induced slump.

Victoria (Vic.)Melbourne

Featured Property

Designer ‘Mont Albert Place’ apartment in vibrant locale

For sale by Ericka Wong of The Agency, who told WILLIAMS MEDIA, “This apartment represents such a fantastic opportunity.”

Bilinga beachfront penthouse sold for $1.7 million - REAL Specialists

A three-level penthouse in the Gold Coast suburb of Bilinga has been sold for $1.7 million through Kasey Pereira of REAL Specialists.

Victoria (Vic.)Melbourne

Design

Deal Corp redesigns McKinnon to suit post COVID-19 lifestyles

Flexible floor plans have been added to the top floor of Dealcorp's MCKN development in south-east Melbourne, which is being sold through Projects by Buxton Real Estate's Heath Thompson.

National Queensland (Qld)Brisbane

The Economy

The Crystal Ball is Broken - Damian Hackett and predicting the market

Damian Hackett of Place Estate Agents looks at what 2020 meant for the industry and what this means for the future?

National Victoria (Vic.)Melbourne

The Economy

John McGrath – All signs point to growth in Melbourne & surrounds

John McGrath, founder and executive director, McGrath Estate Agents says Melbourne and surrounding regional areas are showing signs of potential growth and are likely to bounce back as they have after past crises.

Queensland (Qld)Brisbane

Featured Property

Prestigious Brisbane Corso family residence

This tri-level riverfront home features wraparound lap pool, private deep-water jetty, and custom-built wet bar. For sale by Sarah Hackett of Place.

Victoria (Vic.)Melbourne

People

Kay & Burton Concierge

Residents of Melbourne metro and Mornington Peninsula areas can access Kay & Burton's Concierge, a referral service for everything from styling a home for sale, to major renovations, dog walking, or wine recommendations.

Queensland (Qld)Brisbane

Featured Property

Grand European-inspired Brisbane penthouse

Featuring expansive living spaces and access to Castlebar Cove’s resort-like amenities, this dual-level home is for sale by Sarah Hackett of Place Bulimba.

Queensland (Qld)Brisbane

Featured Property

Spectacular Brisbane riverfront apartment sold to local Teneriffe family - McGrath

Ground floor riverfront apartment sold within two weeks for $5.7 Million by Brett Greensill and Andrea Crossan of McGrath New Farm.

Pages

News Roundup

http://www.afr.com/real-estate/residential/macquarie-veteran-takes-on-purplebricks-with-sello-20170724-gxha8s

Macquarie veteran takes on Purplebricks with Sello

Former Macquarie Real Estate director Ian MacIntosh has launched Sydney-based estate agentcy Sello.

The Australian Financial Review

https://www.domain.com.au/news/the-mona-effect-hobart-becomes-australias-hottest-market-after-rapid-price-surge-20170723-gxd8pd/

Hobart becomes Australia’s hottest market after rapid price surge

Most mainlanders are more likely to associate Hobart with Mona than its real estate market, but the latest data shows we’re no longer just holidaying in Tasmania, we’re buying there.

Domain

https://sourceable.net/the-planning-act-2016-changes-to-development-assessment-in-queensland/

Changes to Development Assessment in Queensland

Queensland has adopted the new Planning Act 2016 (Planning Act) – repealing the Sustainable Planning Act 2009 (SPA) – with the change taking effect on July 3, 2017.

Sourcable

http://www.theaustralian.com.au/business/property/pick-up-a-bargain-as-prices-go-south-in-queenslands-far-north/news-story/0b7557834f5793027e186029ebe1f860

Pick up a bargain as prices go south in Queensland’s far north

Prestige properties in the high-end enclaves of Cairns, Mission Beach and Port Douglas have started to sell, some after years on the market, but owners are discounting.

The Australian

http://www.theaustralian.com.au/business/property/wanda-extravagance-coming-to-ballroom-planned-for-gold-coast/news-story/378aa6bec8abeae90ddc566af48dcb21

Wanda extravagance coming to ballroom planned for Gold Coast

Multiplex poured the foundations yesterday for the extravagant entertainment podium of the $1b triple-tower development.

The Australian

https://www.domain.com.au/news/mortgage-demand-suggests-australian-housing-market-is-cooling-20170718-gxdyp2/

Mortgage demand suggests Australian housing market is cooling

Mortgage applications were down almost one per cent in the June quarter, another sign the housing market is beginning to cool.

Domain

http://www.propertycouncil.com.au/Web/Content/News/National/2017/The_female-friendly_city.aspx

The female-friendly city

Looking at the design of our cities through a female lens can help us create places that are more inclusive, accessible, safe and economically productive, says Greater Sydney Commissioner Lucy Turnbull AO.

The Property Council of Australia

http://www.afr.com/real-estate/nsw-has-harshest-australian-tax-regime-for-foreign-buyers-of-luxury-property-20170718-gxe02m

NSW has harshest Australian tax regime for foreign buyers of luxury property

NSW has the harshest taxes in Australia for foreigners looking to buy a home worth more than $3.3m, following the latest rules imposed from July 1.

The Australian Financial Review