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Adelaide median value soars to record highs, defying downturn

The median value of Adelaide properties has soared to a record high, defying declining markets across Australia’s capital cities.

Queensland (Qld)

The Economy

Substantial Mitchelton site offered to the market

Expressions of interest are being sought for a development site in the rapidly growing suburb of Mitchelton, at 3-5 McConaghy Street and 66-74 Osborne Road, through Ray White Special Projects Queensland.

National

The Economy

Could falling land prices be the boon the build-to-rent sector needs?

Falling residential land prices are presenting an opportunity for build-to-rent to find its place in the sun.

Queensland (Qld)Sunshine Coast

Featured Property

Sunshine Beach haven offers epitome of Noosa living

Designed by Chris Clout, this elegant beachside home takes in breathtaking ocean views, just 100m from Noosa National Park. For sale by David Conolly of Century 21 Conolly Hay Group Noosa Heads.

Victoria (Vic.)Melbourne

Construction

Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano

Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.

National

People

How ArchiStar is helping property professionals find residential development hot spots

Game-changing software platform ArchiStar is helping property developers and real estate agents analyse the development potential of any block of land using generative design engine technology.

New South Wales (NSW)Sydney

The Economy

Confidence in Sydney's North Shore market sees McGrath launch new offices

John McGrath is confident Sydney's North Shore property market will remain resilient this year, as his agency launches two new offices on the Lower North Shore.

Queensland (Qld)Gold Coast

Featured Property

Mediterranean style on Main River

This riverside sanctuary is situated on an approx. 1,237sqm block in an inner-Gold Coast location. For sale by Michael Kollosche and Josh Longhitano of Kollosche.

Western Australia (WA)Perth

The Economy

Hot competition among tenants to entice investors back into Perth market

Perth's rental market is surging, and the outlook is very positive for landlords.

National

The Economy

Report reveals Chinese purchases made up 31 per cent of 2018 Australian development site sales

A new report from Knight Frank has revealed that Chinese developers spent $1.3 billion on Australian residential development sites in 2018.

Pages

News Roundup

http://www.yourinvestmentpropertymag.com.au/news/expert-oversight-needed-for-real-estate-industry-213375.aspx

Expert Oversight Needed For Real Estate Industry

One of NSW’s peak real estate bodies has called for the State Government to improve how the industry is monitored and regulated by the appointment of a Commissioner for Property Services.

Your Investment Property

http://www.theaustralian.com.au/business/wealth/what-the-numbers-say-about-the-future-of-property-prices/news-story/5cf67b8b6c9094a06ca9e410fc9e4eb0

What the numbers say about the future of property prices

By looking into the near future’s supply and demand, we can reach reasonably confident conclusions about prices.

The Australian

http://www.afr.com/news/politics/election/negative-gearing-cost-falls-on-low-interest-rates-20160318-gnm2w4

Negative gearing cost falls on low interest rates

The cost to the federal budget of negatively geared rental property deductions has fallen 12.5 per cent to $10.9 billion, the lowest level in four years because of record low interest rates.

The Australian Financial Review

http://www.afr.com/real-estate/china-startup-juwai-seeks-ipo-in-australia-as-early-as-2016-20160319-gnmgrl

China start-up Juwai seeks IPO in Australia as early as 2016

Juwai.com, China's biggest international real estate portal made in Australia, is seeking an initial public offering as early as this year.

The Australian Financial Review

http://www.domain.com.au/news/how-buyers-and-sellers-can-make-the-most-of-a-big-auction-super-saturday-20160312-gngaj3/

How buyers and sellers can make the most of a big auction Super Saturday

Buyers and sellers alike are preparing for the biggest auction Saturday of the year.

Domain

http://www.theaustralian.com.au/business/property/apartment-projects-strike-a-flat-spot/news-story/55811e94e400d971f274e83f613b3553

Apartment projects strike a flat spot

Developers around the country are more hesitant to start new residential projects, with apartments making up the highest number of deferred and cancelled projects nationally.

The Australian

http://www.theaustralian.com.au/business/gold-coast-apartment-sales-surge/news-story/c7c063ee50ba26d13cda62f0f108a08f

Gold Coast apartment sales surge

Affordability, foreign investment and booming population growth are driving a more than 80% jump in new apartment sales on the Gold Coast.

The Australian

http://www.afr.com/real-estate/australian-mortgage-default-to-increase-this-year-says-rating-agency-moodys-20160317-gnlcp2

Australian mortgage defaults to increase this year says ratings agency Moody's

Ratings agency Moody's Investors Service says that delinquency and defaults on Australian home loans will rise slightly this year because of a slowdown in the economy.

The Australian Financial Review