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Perth’s 10 bargain suburbs under $375,000 less than 30km from the CBD says REIWA

Camillo, Gosnells and Middle Swan are the most affordable suburbs to buy a house in less than 30 kilometres from the Perth CBD. REIWA President Damian Collins said even though Perth had recorded strong price growth over the last 12 months, our city is still very affordable.

Queensland (Qld)Brisbane

People

Industry Titan Returns to RE/MAX

Henry Wong, a dominant force in the Brisbane real estate for more than a decade, re-joined the RE/MAX network on April 19th after less than two years absence.

Western Australia (WA)

Featured Property

South West WA 60 ha treechange home site for sale by The Agency

The scenic acreage at 85 Press Road Glenlynn for sale by Nigel Peters of The Agency offers a tranquil escape from city life with income potential.

National

The Economy

REIA says big picture needed to keep The Great Australian Dream alive for all Australians - Election 2022

In the lead up to the 2022 Federal Election, the Real Estate Institute of Australia (REIA) is calling on governments to create big picture structural changes to enable supply and properly deal with the decreasing housing affordability says REIA President Hayden Groves.

National New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

John McGrath – What’s your property worth?

According to John McGrath Chief Executive Officer of McGrath Estate Agents, the selling price for your home is determined by the buyers.

National

The Economy

The Property Council of Australia today welcomes expanded guarantee scheme

The Property Council of Australia today warmly welcomed the Federal Government’s decision to extend the house price caps within the Home Guarantee Scheme, helping more people bridge the deposit gap. The new capital city and regional city price thresholds announced today will apply from 1 July and boost the cap by $100,000 in each of those cities.

National New South Wales (NSW)Sydney

The Economy

Live Real Estate Accounts group launches innovative product REAP20 to their founding members

Live Real Estate Accounts founders, Chris Mercer and Aaron David wanted to share with their founding members their data release, known as REAP20 profit index of the December 2021.

National

The Economy

4 ways rural agents are leveraging technology - Openn

The perks of technology in rural Australia go beyond just posting your property to a major real estate portal. What if you could take it a step further and manage an entire property sale online – all while building future clients and getting the best price for your vendor?

National

The Economy

Pipeline of new homes construction grows - HIA

“Detached home commencements fell by 10.1 per cent in the final quarter of 2021 but the number of homes under construction continues to grow,” stated HIA Economist, Tom Devitt.

New South Wales (NSW)

Featured Property

Northern Rivers 'Ryandean House' for sale - REAL Specialists

27 Waterlily Close Nunderi enjoys stunning views over Murwillumbah Valley and the Lamington/Springbrook ranges beyond. For sale by Shaun Cardillo of REAL Specialists.

Pages

News Roundup

https://www.afr.com/real-estate/cbus-property-sells-penthouse-at-the-langston-in-epping-for-275-million-20180530-h10qba

Cbus Property sells penthouse at The Langston in Epping for $2.75 million

Cbus Property has sold a two-storey penthouse at its Epping apartment project The Langston to a local buyer for $2.75 million, setting a new record for the north Sydney suburb of nearly $17,000 a square metre.

The Australian Financial Review

https://www.theage.com.au/politics/victoria/hundreds-of-properties-have-land-15-metres-beneath-them-acquired-for-tollway-20180530-p4zigm.html

http://www.afr.com/real-estate/chinese-foreign-buyer-boom-over-ubs-20180529-h10o07

Chinese foreign buyer boom over: UBS

The large numbers of residential foreign buyers from the boom of 2012-17 are unlikely to be repeated, a UBS report says.

The Australian Financial Review

https://www.afr.com/brand/chanticleer/royal-commission-spreads-housing-fears-20180529-h10pat

Royal commission spreads housing fears

As the royal commission ground through another day of worthy but unspectacular revelations about small business lending, the broader impacts of the commission's work are setting off some rather shrill – and perhaps overly pessimistic – alarms in federal politics, the property industry, and the consumer sector.

The Australian Financial Review

https://www.smh.com.au/national/nsw/power-to-the-strata-the-push-to-ban-airbnb-in-apartment-blocks-20180529-p4zi8a.html

Power to the strata: The push to ban Airbnb in apartment blocks

Airbnb should be banned within apartment blocks unless strata committees or owners corporations vote to allow the home-sharing service in the building, Liberal MP John Sidoti says.

Sydney Morning Herald

https://www.brisbanetimes.com.au/national/queensland/council-to-stop-developers-building-on-privately-owned-sporting-land-20180529-p4zi93.html

Council to stop developers building on privately owned sporting land

Brisbane City Council has backtracked on its controversial plan to allow aged care and retirement developers to build on sport and recreation zones.

Brisbane Times

https://www.watoday.com.au/national/western-australia/subiaco-institution-the-witch-s-cauldron-to-go-under-the-hammer-20180529-p4zi9c.html

Subiaco institution The Witch's Cauldron to go under the hammer

The iconic Witch's Cauldron Restaurant building will go under the hammer on June 28. Real Estate firm Caporn Young listed the Rokeby Road building on its site on Tuesday, and Caporn Young commercial sales and leasing associate director Phil Hayes said it was a "truly" unique building, much bigger than other restaurants in the area.

WA Today

https://www.afr.com/real-estate/blackstone-makes-31-billion-offer-to-take-over-investa-office-fund-20180527-h10m2x

Blackstone makes $3.1 billion offer to take over Investa Office Fund

Deep-pocketed US fund manager Blackstone has made an emphatic vote of confidence in Australian commercial real estate with a $3.1 billion bid to buy out Investa Office Fund, giving it a platform to make further inroads into the local market.

The Australian Financial Review