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Featured Property

Prized Dorrington Estate home sold by Kay & Burton

Sold by Nicole Gleeson, Nicky Rowe and Gowan Stubbings of Kay & Burton, who told WILLIAMS MEDIA, “If the buyers are ready to buy, it’s just a matter of finding the right property and they will transact!”

Tasmania (Tas.)Hobart

People

Businesses join under Ray White Hobart umbrella

Ray White Hobart and Ray White Glenorchy are set to come under the same umbrella in the capable hands of Farzin Hesari and Nawwar Alshawi.

Victoria (Vic.)

The Economy

Monthly market report for Victoria: The Agency

Statistics, results and outlooks for The Agency in the Victorian real estate market, according to General Manager and Chief Auctioneer Peter Kakos and Senior Portfolio Partner, Ree Chettri

Victoria (Vic.)Melbourne

The Economy

Featured Property

Parkside location for chic Victorian renovation: The Agency

This timeless terrace in an enviable parkside location is for sale through Christine Henderson and Alexander Hamer-Taylor of The Agency.

Victoria (Vic.)

Politics

How real estate industry is fairing under Victorian restrictions

REIV and HIA outline how the Victorian real estate and building industries look under Australia's heaviest COVID-19 restrictions.

Queensland (Qld)Brisbane

Featured Property

Two lots Hendra Queenslander for sale – Place Ascot

62 Gerler Road Hendra for sale by Patrick McKinnon and Jill Wright of Place Ascot offers a sparkling pool in the shape of an Egyptian ankh.

International

The Economy

Star Island mansion sells for just under $50 million

The second highest sale for a property in Miami-Dade County, which incorporates Miami Beach, for builder Stuart Miller.

National

The Economy

Quarterly rental report shows fall in vacancy rates: The Agency

The Agency Quarterly Rental Report shows an expected drop in rental values and yields, according to Maria Carlino, National Head of Property Management.

South Australia (SA)

Politics

Changes for REISA moving ahead

REISA changes its structure to establish best practice governance, says Chair Brett Roenfeldt.

Australian Capital Territory (ACT)New South Wales (NSW)

People

New Growth Manager for lifestyle real estate brand

Better Homes and Gardens Real Estate appoint Melanie Spencer to its NSW/ACT growth team.

Pages

News Roundup

http://www.theaustralian.com.au/opinion/columnists/sam-dastyari-video-on-what-1m-buys-in-sydney-is-offensive/news-story/b6c5d743b2a3ba75018917509055d836?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=TodaySHeadlines

Sam Dastyari video on what $1m buys in Sydney is offensive

In his Facebook video about housing affordability, Senator Sam Dastyari has mocked people’s homes to make a point.

The Australian

http://www.theaustralian.com.au/business/economics/rbas-key-concern-is-household-spending/news-story/bbf130f1d6a944cea616e9593b86bb8d

RBA’s key concern is household spending

Australia’s soaring household debt levels have made the economy less resilient to shocks, says the RBA.

The Australian Financial Review

https://www.domain.com.au/news/original-art-deco-home-of-betts-shoe-empire-family-for-sale-in-perth-for-3mplus-20170503-gvxcb0/

Art deco home of Betts shoe family for sale in Perth for $3m+

With a room just for shoes, a converted ballroom and a wine cellar, the Menora mansion once owned by the Betts shoe empire family is on the market.

Domain

http://www.afr.com/real-estate/badgerys-creek-a-lottery-win-for-poor-mans-acreage-20170502-gvxtma

Badgerys Creek a lottery win for poor man's acreage

Mark Perich, who has lived his entire life over the road from where the government will build the Western Sydney Airport at Badgerys Creek, will be one of the big winners from the plan.

The Australian Financial Review

https://www.theguardian.com/australia-news/2017/may/03/eye-watering-prices-australias-housing-affordability-crisis-laid-bare?CMP=soc_568

'Eye-watering prices': Australia's housing affordability crisis laid bare

Mortgages now soak up 42% of average income in Sydney, 37% in Melbourne, and 23% in Brisbane, with other capitals around 20%.

The Guardian

http://www.afr.com/real-estate/commercial/hotels-and-leisure/airbnb-took-from-us-we-will-take-from-them-accor-ceo-20170504-gvynfd

'Airbnb took from us, we will take from them': Accor CEO

But the boss of Europe's biggest hotel group said he is tapping into Airbnb territory, by acquiring digital businesses and adapting its own business model to compete.

The Australian Financial Review

http://www.afr.com/real-estate/citi-sees-house-prices-falling-as-much-as-7pc-as-housing-boom-unwinds-20170502-gvxuj3

Citi sees house prices falling up to 7% as housing boom unwinds

House prices could fall as much as 7% by 2018 as lending curbs bite and household debt is lowered, according to Citi.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/demand-for-property-drops-rea-figures-show/news-story/0ce5f4b2068218f557b524b9c1983ed3

Demand for property drops, REA figures show

NSW witnessed the biggest drop in property demand in the nation in April, as unaffordability cut buyers out of the Sydney market.

The Australian