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New home sales tick upwards for first time this year

New home sales have increased for the first time this year, according to the Housing Industry Association (HIA) New Home Sales report.

Queensland (Qld)Sunshine Coast

Featured Property

‘Balmoral’: classic Australian homestead with European influences

Offering the ultimate in refined semi-rural living, this substantial, master-built home and acreage includes a macadamia orchard and cottage style gardens. For sale by Ann Ellison and Stuart Ellison of Zeb Realty.

National

The Economy

Sluggish weekend as two high profile properties fail to sell at auction

The infamous 'Taj on Swan' block, and Australia's 'ultimate horse property', have both been passed in at auction over the weekend, as the final week of July returned a preliminary clearance rate of 58.4 per cent across the combined capital cities.

Victoria (Vic.)

The Economy

Key infrastructure projects predicted to boost Geelong's capital growth

Rail duplication between South Geelong and Waurn Ponds, and the Melbourne Airport rail link are set to boost capital growth in Geelong, according to forecasters.

Queensland (Qld)Gold Coast

Featured Property

Exclusive Sanctuary Cove ‘Masters Enclave’ home

Nestled on the 14th hole of Australia’s only Arnold Palmer signature golf course, this presitigious residence is located within one of the Gold Coast’s most exclusive gated residential communities. For sale by Jordan Williams of JW. Prestige Agents.

Victoria (Vic.)Melbourne

The Economy

First-home buyers concession a 'boon' in regional Melbourne

New data from the Real Estate Institute of Victoria (REIV) shows regional Melbourne is outstripping the inner city suburbs, partly thanks to the first-home buyers concession.

Queensland (Qld)Brisbane

The Economy

South East Queensland - good news with a cautionary note

The South East Queensland market appears to be settling after a period of overbuilding in Brisbane, says Dan Holden, Principal at HoldenCAPITAL Partners.

Queensland (Qld)

Featured Property

Trinity Beach Palace: idyllic beachfront estate 15 minutes' north of Cairns

Lavishly exotic, this home combines African and South Sea island themes with a layout which includes a safari-themed den and library, as well as a dedicated gymnasium, sauna and golf practice range. For sale by Barbara Wolveridge of Queensland Sotheby’s International Realty - Port Douglas.

National

The Economy

Latest CPI figures "good news for renters"

The June 2018 quarter CPI figures released by the Australian Bureau of Statistics (ABS) yesterday holds good news for renters, says the Real Estate Institute of Australia (REIA).

National

The Economy

BMT's tax tips for the new financial year

BMT Tax Depreciation share their smart tax tips for the new financial year.

Pages

News Roundup

http://www.straitstimes.com/business/aussie-real-estate-still-drawing-spore-firms

Aussie real estate still drawing S'pore firms

There has been no let-up in Singapore companies buying into properties Down Under this year.

The Straits Times

http://www.perthnow.com.au/realestate/melbourne-looks-set-to-outshine-sydney-on-the-property-ladder/news-story/70a9e68047f0b1283afa8416d753fde3

Melbourne looks set to outshine Sydney

Generations of friendly Sydney versus Melbourne rivalry has lead to heated banter about the “best” coffee, but this time it just got serious — whose property will be the priciest? SQM’s 2016 Housing Boom and Bust Report out today suggests that while the general Australian property market is about to hit a go-slow phase, Melbourne looks set to outshine Sydney when it comes to price growth.

news.com.au

http://www.smh.com.au/business/property/brian-hartzer-andrew-thorburn-tip-further-house-price-growth-20151014-gk9gf6.html

Property slump looms? Not so, say NAB's Andrew Thorburn and Westpac's Brian Hartzer

The chief executives from two of Australia's big four banks have dismissed predictions of a sharp correction in house prices.

Sydney Morning Herald

http://www.afr.com/real-estate/westpac-rate-move-did-not-hit-auction-buyers-on-thursday-20151015-gk9q0e

Westpac rate move did not hit auction buyers on Thursday

Westpac's move to raise home loan interest rates did not affect commercial auctions in Sydney on Thursday. There was furious bidding for development sites in Waitara in Sydney's north and in the inner south in Alexandria but buyers were cautious about retail assets.

The Australian Financial Review

https://au.news.yahoo.com/thewest/wa/a/29827162/tree-change-must-come-with-bushfire-readiness/

Tree change must come with bush fire readiness

Too many people are making a tree change to WA’s most bushfire prone areas with no knowledge of how to protect themselves from a blaze, the Department of Fire and Emergency Services has warned.

The West Australian

http://www.smartpropertyinvestment.com.au/news/14665-industry-reacts-to-dire-predictions

Industry reacts to dire predictions

One investment firm's forecast of a 7.5 per cent decline in property prices has stirred strong reactions from the real estate industry, with predictions that the upswing still has plenty left to run and warnings that the Australian market should not be judged as one entity.

Smart Property Investment

http://finance.yahoo.com/video/u-housing-real-estate-finally-135727590.html

Has US Housing and Real Estate Finally Recovered?

Metacapital Management founder Deepak Narula discusses the U.S. mortgage market, real estate and his investment ideas. He speaks on "Bloomberg GO.'

Yahoo Finance

http://www.businessspectator.com.au/article/2015/10/14/property/biggest-loser-house-price-crash

The biggest loser from a house price crash

One of the biggest losers in any property downturn would be the government. The Australian tax system raises 9 per cent of its total tax revenue from property, compared to an OECD average of 5 per cent, making property owners Australia's largest collective taxpayer. No other asset class is subject to such a high level of taxation.

Business Spectator