The Real Estate Conversation

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LJ Hooker strengthens recruitment team with Cooley appointment

LJ Hooker has appointed former Cooley Auctions auctioneer Toby Llewellyn to its network development team, bringing a background in real estate and technology to the recruitment division.

New South Wales (NSW)

Featured Property

Relaxed family acreage on NSW Central Coast

Set on approx. 5 acres, this 5-bedroom home is nestled in tranquil bushland, yet moments from beaches, shops and schools. For sale by Tim Andrews and Kieran Easton of LJ Hooker Terrigal.

Western Australia (WA)

The Economy

Western Australia most affordable housing market in the country, report reveals

Western Australia is the most affordable state in Australia for housing, the Adelaide Bank/REIA Housing Affordability Report has revealed.

Queensland (Qld)

The Economy

Expressions of interest for approved McDowall townhouse development site

Expressions of interest are being sought for the sale of a substantial development site that is approved for townhouses in the established north-west Brisbane suburb of McDowall by Ray White Special Projects Queensland.

New South Wales (NSW)Sydney

People

Get to know William Manning of McGrath Edgecliff

Sales agent at McGrath Edgecliff, William Manning was inspired to work in the industry by his mum.

Queensland (Qld)Brisbane

Featured Property

Rosebery House: a symphony of timber and glass

This Brisbane home is a significant piece of award-winning architecture, comprising three pavilions and a number of timber decks offering rainforest and river views. For sale by Drew Davies and Carter Lagana of McGrath New Farm.

National

The Economy

National rental report does not paint full picture of tenant experience, says industry body

The Real Estate Institute of Western Australia (REIWA) says the issues raised in a new rental report don't paint an accurate reflection of the market.

National

The Economy

What is included in a depreciation schedule?

A depreciation schedule prepared by BMT Tax Depreciation helps to maximise the cash return from your investment property each financial year.

National

The Economy

A third of first home buyers opting for investment property over first home, report reveals

One-third of first home buyers are choosing to purchase an investment property rather than a first home to move into, new research from the Property Investment Professionals of Australia has revealed.

Victoria (Vic.)

Featured Property

Resort style in a premier Portsea position

This coastal retreat features an abundance of luxury inclusions such as swimming pool, spa, sauna, tennis court, home gym, and theatre room. For sale by James Paynter and Samantha Moffatt of RT Edgar Portsea.

Pages

News Roundup

http://www.mortgagebusiness.com.au/breaking-news/9478-rba-flags-increasing-risk-in-property-market

RBA flags ‘increasing risk’ in property market

The Reserve Bank of Australia has warned of the increasing risk in the commercial real estate market, as prices rise ahead of rents and vacancy rates continue to climb.

Mortgage Business

http://www.afr.com/real-estate/chinese-billionaire-cleared-to-buy-australias-largest-dairy-passes-firb-test-20160223-gn1ekh

Chinese billionaire cleared to buy Australia's largest dairy, passes FIRB test

Federal Treasurer Scott Morrison has approved the purchase of Australia's largest dairy company by Moon Lake – a company owned by Chinese billionaire Lu Xianfeng.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/malcolm-turnbull-no-change-to-capital-gains-tax-discount/news-story/8ede2e25dcacdbfb35eb92be9f45df43

Malcolm Turnbull: no change to capital gains tax discount

Malcolm Turnbull has ruled out cutting the 50% capital gains tax discount and effectively narrowed the government’s reform options on negative gearing, claiming Labor’s crackdown is a “reckless policy’’ that would “smash’’ housing prices.

The Australian

http://www.afr.com/real-estate/ato-records-show-negative-gearing-numbers-fall-20160222-gn06vz

ATO records show negative gearing numbers fall

Negative gearing may be losing its lustre for Australians, with tax office figures showing the value of rental losses claimed is falling and rental profits declared is rising.

The Australian Financial Review

http://www.domain.com.au/news/melbourne-apartment-boom-new-concerns-of-suburban-oversupply-20160218-gmxbpz/

Melbourne apartment boom: new concerns of suburban oversupply

Fresh concerns of apartment oversupply have hit Melbourne, but are now focused on inner-city suburbs where huge levels of new construction is planned.

Domain

http://www.wsj.com/articles/haute-home-schools-designed-to-give-kids-a-bespoke-education-1455807796

Homes designed to give kids an education

Some affluent parents are buying and building homes in which almost every room is a classroom—for everything from math to music.

The Wall Street Journal

http://www.domain.com.au/news/government-property-nsw-millers-point-sales-making-the-best-of-heritage-real-estate-20160222-gmzx8l/

NSW Millers Point sales: Making the best of heritage real estate

As more former public housing properties go under the hammer this week, looking at Australia's Georgian Colonial architecture, and how best to celebrate it.

Domain

http://www.afr.com/real-estate/sydney-awakens-melbourne-and-brisbane-housing-markets-steady-20160221-gmzfvi

Sydney awakens, Melbourne and Brisbane housing markets steady

The Sydney residential property auction market has charged ahead, while Melbourne and Brisbane trod water over the weekend.

The Australian Financial Review