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Home ownership plan for Budget 2022 applauded - REIA

The announcement that the Federal Budget 2022 will unlock 50,000 new places for the First Home Loan Deposit Scheme (FLHDS) has today been applauded by the Real Estate Institute of Australia (REIA).

National

The Economy

John McGrath – How COVID-19 changed the market

The biggest impacts of COVID on our market according to John McGrath founder and executive director of McGrath Estate Agents.

National

The Economy

Unlock The Potential For A Better Built Environment - Strata Peak Body SCA Sets Out 2022 Federal Election Agenda

SCA’s 2022 campaign is prioritising three key areas of reform for the strata property sector, sustainability in strata, insurance affordability and availability, and a better quality environment are property peak body Strata Community Association’s (SCA) top priorities for future governments to address, ahead of the upcoming federal election says SCA National President Chris Duggan.

National

Politics

Election 2022: regional focus welcome with negative gearing now safe

Real Estate Institute of Australia (REIA) has welcomed the Leader of the Opposition’s announcement to provide 10,000 places within the First Home Loan Deposit Scheme (FHLDS) for regional Australians living in communities for 12 months or more.

New South Wales (NSW)

Featured Property

Historic Upper Hunter estate for sale - Cullen Royle

Brindley Park Merriwa for sale by Richard Royle and Deborah Cullen of Cullen Royle one of Australia’s most remarkable country estates on approx. 320 acres (130 hectares).

Victoria (Vic.)Melbourne

Featured Property

Luxury The Hopetoun Toorak Penthouse for sale - Kay & Burton

The Penthouse at 2A Hopetoun Road Toorak for sale by Grant Samuel, Ross Savas, Darren Lewenberg, and Duncan Fraser-Smith of Kay & Burton embodies a modern, timeless aesthetic.

Victoria (Vic.)

Featured Property

Designer Beach Road home for sale with breathtaking bay views – Kay & Burton

334 Beach Road Black Rock for sale by Eleisha Doherty, Tommy McIntosh and Tracy Tian Belcher of Kay & Burton, "one of the most stylish homes in Bayside."

New South Wales (NSW)Sydney

Featured Property

Bespoke bushland Castlecrag home for sale – The Agency

The contemporary aesthetic of 94 Sugarloaf Crescent Castlecrag for sale by Rick Woodward and Sophia Wiseman of The Agency is complimented by the restoration and preservation of its surrounding environment.

Victoria (Vic.)Melbourne

People

Charcuterie to You - curated delicacy deliveries limited only by imagination

Kay & Burton Concierge partner ‘Charcuterie to You’ was founded in 2020 by Allegra Rotella, blending her passions for food and creativity into edible works of art.

Queensland (Qld)Brisbane

Featured Property

Double lot riverside East Brisbane home for sale - Place

34 Laidlaw Parade East Brisbane for sale by Charmaine McDonald and Sarah Hackett of Place features stunning river and city views just 4km from the CBD.

Pages

News Roundup

https://www.smh.com.au/politics/nsw/two-offers-a-week-the-pressure-to-build-apartments-in-gladesville-20180516-p4zfm2.html

Two offers a week: the pressure to build apartments in Gladesville

If you want a sense of how intense the pressure is for apartment development in Sydney, talk to the manager of the landmark Tennis Ranch at Gladesville.

Sydney Morning Herald

https://www.canberratimes.com.au/politics/act/andrew-barr-s-terse-warning-over-botched-buy-of-public-housing-20180515-p4zfdm.html

Andrew Barr's terse warning over botched buy of public housing

It was a terse warning, written in the neat hand of Chief Minister Andrew Barr after the territory was forced to shell out millions of dollars more than it planned on houses it originally did not want.

Canberra Times

https://www.smh.com.au/business/companies/frasers-property-signs-31m-lease-for-its-eastern-creek-site-20180515-p4zfet.html

Frasers Property signs $31m lease for its Eastern Creek site

Frasers Property Australia has boosted its Eastern Creek business park with the lease of a new facility to FDM Warehousing at a purpose-built facility.

The Sydney Morning Herald

http://www.afr.com/business/banking-and-finance/new-wa-property-tax-on-foreign-residential-buyers-slammed-20180515-h103ce

New WA property tax on foreign residential buyers slammed

The near-doubling of a new tax on foreign residential property investors in Western Australia has been slammed by development and property experts who claim it will slow economic recovery.

Australian Financial Review

http://www.abc.net.au/news/2018-05-15/biggest-perth-urban-infill-developments-revealed/9762878

Plan for 5,000 new houses in Perth as Premier reveals infill project to tackle urban sprawl

Thousands of new dwellings will be created in established parts of the Perth metropolitan area as part of the WA Government's efforts to boost density and slow the city's urban sprawl.

ABC

https://www.architectureanddesign.com.au/people/clare-cousins-sworn-in-as-79th-aia-national-presid

Clare Cousins sworn in as 79th AIA national president

Victorian architect Clare Cousins was inaugurated as the 79th national president of the Australian Institute of Architects in Melbourne, taking the reins from Richard Kirk and vowing to continue to champion key Institute policies including affordable housing and sustainability.

Architecture & Design

https://www.thehotelconversation.com.au/news/2018/05/16/450m-munro-site-mixed-use-development-approved/1526426137

$450m Munro site mixed-use development approved

Minister for Planning Richard Wynne has announced planning approvals for the $450m Munro site Hotel and Apartment development that sits within Melbourne's Queen Victoria Market precinct.

The Hotel Conversation

http://www.afr.com/real-estate/cromwell-strikes-bouygues-development-deal-for-further-global-property-reach-20180514-h100vy

Cromwell strikes Bouygues development deal for further global property reach

Real estate investor and manager Cromwell Property Group has struck a €500 million ($792 million) partnership deal with Linkcity, a subsidiary of global construction company Bouygues Construction, to invest in the rollout of a portfolio of logistics and industrial property in Europe.

The Australian Financial Review