The Real Estate Conversation

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Consumer confidence back on the agenda

All eyes will be on the state's auction results this weekend to see what post-election confidence has returned to the market.

Queensland (Qld)Sunshine Coast

Construction

Substantial land holding for sale on Coolum Beach doorstep

Ray White Special Projects are seeking expressions of interest for a substantial land holding near the Coolum beachfront and retail precinct.

Victoria (Vic.)

Politics

Government working to break cycle of homelessness in Victoria

The Victorian Government has opened new modular homes in Geelong as part of its $17 million rough sleepers' package.

Victoria (Vic.)Melbourne

Featured Property

Award-winning bold minimalism

Winner of the 2018 FIAA Kitchen of the Year, this ‘green’ home has a 7-star energy rating, full smart home capabilities and enough space for an extended family. For sale by Adele Kocuk and Sam Kocuk of Barry Plant Doncaster East.

People

Luke has the gift of the gavel

Luke Banitsiotis has taken out REIV's Senior Auctioneer of the Year Award for the second consecutive year.

Queensland (Qld)

People

Queensland Sotheby’s International Realty welcomes experienced prestige agent

Queensland Sotheby's International Realty has appointed prestige agent Veronika Princeton-Hall as a Senior Sales Executive.

New South Wales (NSW)Sydney

The Economy

Sydney rental vacancy back down to 3.2 per cent following April decline

The April REINSW Residential Vacancy Report has revealed that Sydney's rental vacancy rate has returned to 3.2 per cent following a jump to 3.6 per cent in March.

South Australia (SA)

Featured Property

Home among the rolling hills of Yattalunga

This first class estate is set on approx. 27 ha, so close yet so far from the hustle and bustle. For sale by Harvey Bloomfield of LJ Hooker Prospect.

The Economy

Speculation grows that RBA will deliver industry trifecta

With negative gearing safe and APRA's serviceability buffer set to be removed, the RBA could soon deliver a third boost to market sentiment.

Construction

Mayfair's many delights materialise in Melbourne

The beauty of Australia's natural landscape can be seen throughout Zaha Hadid's Melbourne creation, Mayfair at 412 St Kilda Road.

Pages

News Roundup

http://www.afr.com/real-estate/residential/sp-says-no-sharp-house-price-correction-while-reits-enjoy-more-investment-20160614-gpigu1

S&P says no sharp house price correction

S&P has given a positive but cautious outlook for Australian real estate investment trusts and house prices.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/chinese-buyers-are-still-keen-on-australian-property/news-story/01993734cddf402e715d3fc4449ad2d0

Chinese buyers still keen on Australian property

A typical Chinese ad for Australian property urges: “Build your dream in the southern hemisphere, enjoy a life of tranquillity in Australia.”

The Australian

http://www.smh.com.au/nsw/nsw-state-budget-2016-108m-for-new-buses-and-routes-20160614-gpj1kf.html

NSW budget to include $108m for new buses

A new fleet of double-decker buses and new public transport routes have been announced by the NSW government.

The Sydney Morning Herald

http://www.realestate.com.au/blog/8-fun-facts-queen-elizabeth-property-empire/?rsf=or%3Atwitter

Eight fun facts about the Queen’s property empire

As the Queen celebrates her birthday, a look at her record as a property investor.

Realestate.com.au

http://www.afr.com/real-estate/residential/nsw/sydney-house-prices-falling-back-over-the-month-corelogic-says-20160613-gphocd

Sydney house prices falling back over the month, CoreLogic says

Sydney house prices have given up some of their recent strong gains, with prices ticking lower over both the past week and month, figures from CoreLogic RP Data show.

The Australian Financial Review

http://www.smh.com.au/nsw/nsw-state-budget-2016-280m-for-families-at-risk-of-homelessness-20160610-gpgrlj.html

NSW state budget 2016: $280m for families at risk of homelessness

The Baird government will commit $280 million over four years to the biggest shake-up of the public housing system in 40 years.

The Sydney Morning Herald

http://www.afr.com/real-estate/residential/upping-the-ante-queensland-adds-taxes-for-foreign-buyers-in-slowing-market-20160609-gpfzvn

Upping the ante: Queensland adds taxes for foreign buyers in slowing market

Queensland property developers are in shock from the state government's announcement to impose a 3% surcharge on foreigners' home purchases.

The Australian Financial Review

http://www.afr.com/real-estate/negative-gearing-and-house-prices-issues-in-key-marginal-electorates-20160602-gp9ozq

Negative gearing and house prices issues in key marginal electorates

Property prices pose a tough rhetorical challenge for Liberal and Labor politicians: do most voters really want prices to go up a lot?