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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://architectureau.com/articles/kennetts-five-wishes-for-melbournes-urban-future/

Kennett’s five wishes for Melbourne’s urban future

On 5 February, Victoria’s former premier Jeffrey Kennett addressed an audience at MPavilion on the topic of Melbourne’s 21st century urban frontier.

ArchitectureAU

http://www.theaustralian.com.au/business/property/property-red-tape-puts-off-foreign-home-buyers/news-story/a11f4247aa2955d673142c997d400c05

Property: ‘Red tape puts off foreign home buyers’

Less than three months after the federal government introduced fees and a tighter framework applying to foreign buyers of real estate, agents and property executives argue deals are falling over and buyers are walking away due to long waiting times for approval and excessive red tape.

The Australian

http://www.afr.com/real-estate/property-investors-lose-50pc-in-qld-mining-towns-20160302-gn8qv9

Property investors lose 50% in Qld mining towns

A few years ago mining towns in regional Australia were experiencing a Sydney-like house boom. Today, their real estate markets are in an epic collapse.

The Australian Financial Review

http://www.afr.com/street-talk/national-australia-bank-set-to-raise-rates-for-principal-and-interest-investors-20160302-gn91wq

National Australia Bank set to raise rates for 'principal and interest' investors

National Australia Bank is set to raise interest rates for the one group of borrowers that have so far copped less interest rate pain than most.

The Australian Financial Review

http://www.theguardian.com/business/grogonomics/2016/mar/03/three-reasons-australias-economy-is-so-resilient-shopping-housing-and-yes-mining

Three reasons Australia's economy is so resilient – shopping, housing and, yes, mining

The early signs for the GDP figures were not good – capital expenditure was weak, and the latest balance of payments figures showed net exports would contribute nothing. But then the figures came out, showing the economy grew by 0.6% in December and a very solid 3.0% for the year.

The Guardian

http://www.businessinsider.com.au/china-property-market-price-rises-2016-3

If you think China's stock bubble was nuts, look at what's now happening in its property market

FOMO, or the fear of missing out, has entered the everyday vernacular of people in financial markets.

Business Insider

http://www.afr.com/real-estate/new-detached-home-sales-up-but-apartment-numbers-slip-20160302-gn88d6

New detached home sales up but apartment numbers slip

New home sales rose 3.1% in January as detached home purchases increased in the five largest states, the HIA's latest report shows. The 5.8% increase in detached house sales offset a fall of the same proportion in apartments.

The Australian Financial Review

http://www.afr.com/news/politics/negative-gearing-dead-now-for-the-scare-campaign-20160301-gn7yoo

Negative gearing dead, now for the scare campaign

The federal government has dumped plans to target negative gearing as part of its tax reform policy, clearing the way for a full-blown assault on Labor's tax plans in the run-up to the federal election.

The Australian Financial Review