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New South Wales (NSW)Sydney

Design

Paddington provides new co-living setting

Australian co-living operator UKO has expanded its Sydney base within the last month through a new site in Paddington.

Design

Housing affordability improves while rental affordability declines: report

A new report has revealed that NSW has experienced the largest improvement in housing affordability for the March quarter.

New South Wales (NSW)Sydney

People

Richard Shalhoub returns to McGrath as company grows Sydney CBD footprint

McGrath has announced the acquisition of Sotheby's Sydney CBD in a settlement expected to be worth 1.6 million.

Victoria (Vic.)Melbourne Brighton

Featured Property

State of the art European style

This as new smart home enjoys sophisticated entertaining options, spacious accommodation, and premium features such as a fully appointed Gold Class home theatre. For sale by Stefan Whiting and Gary Yue of Buxton Brighton.

The Economy

RBA delivers

The RBA has broken its 30-month stalemate with a cut to the national cash rate in a move expected to provide further assistance to home buyers.

National

Construction

ArchiStar.ai survey offers property developer industry snapshot

Property intelligence platform ArchiStar.ai has identified the top three challenges for the property development industry based on market survey conducted last week.

Victoria (Vic.)

Politics

Clarification needed on new bill - REIV

The Real Estate Institute of Victoria has called on the state government to provide more detail on Sale of Land Amendment Bill passed in parliament last week.

Queensland (Qld)

Featured Property

2014 Home Of The Year on the market in Cairns

The canal front home enjoys 26m of wide water frontage within the enviable Bluewater Harbour Estate. For sale by Nathan Shingles of FNQ Hot Property.

The Economy

Adelaide only capital city to avoid decline in dwelling values as regional areas perform strongly

Dwelling values have experienced their smallest national month-on-month fall in a year, according to CoreLogic.

The Economy

Start of winter brings lower volumes as clearance rates continue to creep up

The renewed confidence which headlined auction results in the week following the election is still yet to reach vendors, according to CoreLogic.

Pages

News Roundup

http://www.afr.com/real-estate/residential/qld/new-apartments-approved-but-developers-hold-out-for-next-property-cycle-20160621-gpouo5

New apartments approved but developers hold out for next property cycle

The construction of about $1 billion worth of recently approved apartment developments will be postponed.

The Australian Financial Review

http://www.domain.com.au/news/foreignbuyer-stampduty-charge-unsettles-luxuryhome-market-20160621-gpni5c/

Foreign-buyer stamp-duty charge unsettles luxury home market

Prestige real estate agents say they are already seeing the impact of new stamp-duty surcharges in NSW.

Domain

http://www.architectureanddesign.com.au/news/australia-s-first-clt-commercial-building-added-to?mid=eb029d4170&utm_source=Cirrus%20Media%20Newsletters&utm_campaign=14bdc3a6e9-Architecture%20and%20Design%20Newsletter%20-%20201&utm_medium=email&utm_term=0_fe913f1856-14bdc3a6e9-60578053

Australia’s first CLT commercial building added to Barangaroo

Lendlease will claim another Australian construction first next year when it completes Australia’s first cross-laminated timber commercial office building.

Architecture and Design

http://www.theaustralian.com.au/business/property/juwai-calls-in-lawyers-over-whistleblowers-crisis--email/news-story/e71bfa16cab07b2f9418b7574093e9ae

Juwai calls in lawyers over whistleblower email

Juwai, the property portal connecting Chinese home buyers with international properties, has dismissed an anonymous email accusing it of falling into financial turmoil.

The Australian

http://www.theaustralian.com.au/business/property/bit-of-the-yard-fetches-18m--now-how-much-for-the-house/news-story/09fbb063ec2bd99498f4fe630d0d679a

Bit of the yard fetches $18m, how much for the house?

The secretive owner of Altona, Australia’s most famous trophy home, in Point Piper in Sydney’s eastern suburbs, has put the house on the market.

The Australian

http://www.afr.com/real-estate/8000-reasons-for-property-investors-to-do-their-tax-20160615-gpk0ku

8,000 reasons for property investors to do their tax

There are nearly 8,000 possible tax deductions most property investors never use, say tax specialists.

The Australian Financial Review

http://www.afr.com/real-estate/foreign-surcharges-raise-more-than-1b-for-nsw-government-20160621-gpo34g

Stamp duty bracket creep adds to affordability woes

The NSW government has ignored stamp duty bracket creep, adding to housing affordability problems, says REINSW.