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Five interesting facts about your specialist quantity surveyor

Most first-time property investors soon discover that they need a tax depreciation schedule and require a quantity surveyor to supply one. But what is a quantity surveyor and how do they come up with your depreciation deductions? BMT Tax Depreciation breaks it down for you.

National

People

REIA reveals finalists for the 2019 National Awards for Excellence

The Real Estate Institute of Australia has announced the finalists of its 2019 National Awards for Excellence, which will be held by the Real Estate Institute of Western Australia (REIWA) in Perth this year.

Victoria (Vic.)Melbourne

Featured Property

Elegant Victorian residence in Scotch Hill

Captivating from first sight, this extensively renovated family home enjoys a versatile layout with multiple living and entertaining spaces. For sale by Nicole Gleeson and Scott Patterson of Kay & Burton South Yarra.

National

Design

10 beachfront properties with direct beach access

Australians are well renowned for their love of the beach. The ultimate dream is direct beach access, here are ten of Australia's beachfront properties with direct beach access featured on Luxury List.

New South Wales (NSW)Sydney

Featured Property

Modern Mediterranean meets casual Australian

With stunning views over Whale Beach, this family home has been extensively renovated inside and out to enhance its natural beach vibes. For sale by Peter Robinson of LJ Hooker Palm Beach.

South Australia (SA)Adelaide

The Economy

"It will certainly impact property prices" says agent of Adelaide school zone shake-up

Agents say property prices are likely to fall in suburbs moved out of the zones for two of Adelaide's most sought-after schools.

Victoria (Vic.)Melbourne

The Economy

Carrum joins Melbourne's $1 million median house price club

The bayside suburb of Carrum has joined the $1 million median house price club in Melbourne, despite the market downturn.

National

Design

These will be the biggest home design trends in 2019, according to two interior designers

Interior designer Sarah-Jane Mossop from CLOStudios and Tegan Robbins from Wavetrain share the home design trends that will be big in 2019.

New South Wales (NSW)Sydney

Featured Property

Eversley: Hunters Hill family sanctuary

Offering prestige and privacy, this elegant waterfront residence has a sprawling layout, tranquil river views, and its own private deep water jetty pontoon. For sale by Tracey Dixon and Nicholas Cowdrill of McGrath Hunters Hill.

Western Australia (WA)Perth

The Economy

Passing of bill "a win" for victims and landlords

The housing industry has welcomed the passing of the Residential Tenancies Act (Family Violence) Amendment Bill 2018 in Western Australia.

Pages

News Roundup

http://www.afr.com/real-estate/hia-says-februarys-new-home-sales-fall-52pc-but-thats-no-cause-of-concern-20160331-gnute9

HIA says February's new home sales fall 5.2pc but that's no cause of concern

New home sales for both detached houses and units fell 5.3 per cent nationwide in February, the Housing Industry Association says.

The Australian Financial Review

http://www.domain.com.au/news/australias-fastest-growing-suburbs-are-on-city-fringes-new-figures-shows-20160330-gnt6ld/

Australia’s fastest growing suburbs are on city fringes, new figures show

The number of people living on Melbourne and Sydney’s fringes is continuing to explode at a rapid rate, with new data showing outer suburbs in the two cities are growing larger and faster than the rest of the country.

Domain

http://www.theaustralian.com.au/business/property/brisbane-apartment-sales-jump-by-50pc-a-new-record/news-story/33973fa72d82ab04f90e1485ce6bb7f0

Brisbane apartment sales jump by 50pc, a new record

Brisbane experienced a 50 per cent surge in new apartment sales last year, the latest market report shows, with the sector dominated by Metro Property Group.

The Australian

http://www.smartpropertyinvestment.com.au/news/15187-apartment-boom-to-leave-unprecedented-legacy

Apartment boom to leave unprecedented legacy

A leading real estate figure has warned that Sydney’s investor-driven apartment boom has inflicted serious damage on Australia’s housing diversity, and could divide the population on socioeconomic grounds.

Smart Property Investment

http://www.yourinvestmentpropertymag.com.au/news/surge-in-demolitions-as-investors-home-owners-look-to-redevelop-sydneys-west-213797.aspx

Surge In Demolitions As Investors, Home Owners Look To Redevelop Sydney's West

Affordability and infrastructure projects have resulted in a surge in the number of people knocking down older homes in western Sydney and looking to redevelop.

Your Investment Property Magazine

http://www.afr.com/real-estate/residential/chinas-little-emperors-prop-up-aussie-housing-with-parents-aid-20160330-gnun67

China's little emperors prop up Aussie housing with parents' aid

Scores of buyers, with the backing of relatives in China, are underpinning a housing market that's coming off the boil.

The Australian Financial Review

http://www.afr.com/real-estate/melbourne-units-fall-an-average-115pc-in-year-one-wbp-20160329-gntt7t

Melbourne units fall an average 11.5pc in year one: WBP

Central Melbourne off-the-plan apartments fell about 11 per cent in the first year between their original purchase and pre-settlement valuation, figures from valuation firm WBP Property Group show.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/urgent-plan-to-restore-budget-to-black-in-three-years-20160328-gnss4e.html

'Urgent' plan to restore budget to black in three years

The federal budget could be back in the black in three years if the Turnbull government adopts several policy measures, including abolishing negative gearing and halving the capital gains discount, according to high-powered CEDA.

The Sydney Morning Herald