The Real Estate Conversation

Contact

Featured Property

La Maison de la Plage: Portsea cliffside chateau

Boasting panoramic views over Weeroona Bay, this historic home brings the French Mediterranean to coastal Victoria. For sale by Ilze Moran and Samantha Moffatt of RT Edgar Portsea.

National

The Economy

This is what the banking royal commission means for buyers

Property analysts warned the banking royal commission could make it even harder for would-be homebuyers to get a loan. In the wake of the report, it appears buyers will still have to jump through hoops to get a home loan, but the process appears unlikely to get harder.

Western Australia (WA)Perth

The Economy

Approval paves the way for more diverse housing in City of Fremantle

The housing industry has welcomed the McGowan Government's decision to approve the City of Fremantle’s amendments to its Local Planning Scheme to enable greater housing choice.

Queensland (Qld)

Construction

Regional building approvals the "lowest on record"

Master Builders have forecast a "grim" year ahead for regional Queensland after the latest figures from the Australian Bureau of Statistics reveal building approvals have dropped again.

New South Wales (NSW)Sydney

Featured Property

Bespoke Scotland Island waterfront enclave

Just a short boat ride from the amenities of Sydney’s Northern Beaches, this deep-water property offers an entertaining family home or the ultimate weekend getaway. For sale via Kevin Packham of Belle Property Mona Vale.

Northern Territory (NT)

The Economy

"Solid spike" in enquiries after announcement of Northern Territory's new homebuyer scheme

First-home buyers are set to cash in big with the Northern Territory's new homeownership package, with agents reporting an increase in enquiries.

National

The Economy

Housing finance tumbles again, building industry calls for government to act

Australian Bureau of Statistics (ABS) figures show a dramatic drop in new housing loans.

Queensland (Qld)Brisbane

The Economy

Childless couples snapping up properties in highly sought-after school zones , as agents report "backlog" of buyers

Couples are lining up to buy property in some of Brisbane's most highly sought-after school catchment zones - before they even have kids.

New South Wales (NSW)Sydney

Featured Property

Elegant Victorian terrace moments from Sydney’s Centennial Park

Freestanding to one side, this beautifully renovated terrace is close to beaches, the Sydney CBD and other lifestyle attractions. For sale by William Manning and Nicholas Durkin of McGrath Edgecliff.

New South Wales (NSW)Sydney

The Economy

Crown Group chief executive "confident" about prospects for Sydney apartment market

Despite demand for Sydney apartments dropping off following the Opal Tower cracks, more cladding fires, and jitters over the banking royal commission, one developer is feeling confident about the market.

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