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BMT advises to claim partial year depreciation deductions this tax time

BMT Tax Depreciation say investors don’t need to own or rent an investment property for a full year to claim depreciation deductions this tax time.

National

People

CBRE appoints high profile recruit

CBRE has further strengthened its Residential Agency team with the appointment of sales professional James Hall.

New South Wales (NSW)Sydney

Featured Property

‘The Triglone’: effortless coastal living

Delivering pet-friendly elegance, these light-filled apartments offer a village lifestyle in a Sydney beachside pocket. For sale by Sam Thompson of McGrath Avalon Beach.

National New South Wales (NSW)Victoria (Vic.)Western Australia (WA)

The Economy

Capital clearance rate remains above 60 per cent for fourth consecutive week

There were fewer homes taken to auction over the first week of July, with 945 capital city auctions held returning a preliminary auction clearance rate of 68.9 per cent.

National

The Economy

Can you break a lease when you buy a house?

Jayden Vecchio, Mortgage Broker at Hunter Galloway, shares his advice on whether you can or can't end your lease early, along with four ways to avoid breaking the lease without any penalties.

Western Australia (WA)Perth

People

Local agents open Ray White Inner North

With a combined 60 years experience between them, the trio is excited to have just opened the new Ray White Inner North office in Perth.

Queensland (Qld)Gold Coast

Featured Property

LA Hills-inspired Gold Coast home

One of the Gold Coast’s finest north to Main River homes, this contemporary Broadbeach Waters oasis promises luxury living and enviable entertaining on a grand scale. For sale by Jordan Williams of JW Prestige Agents.

Queensland (Qld)Brisbane

People

Drew Davies becomes a Place business owner

Place Estate Agents has welcomed luxury real estate agent Drew Davies as joint Principal of the company’s Ascot office in Hamilton, Brisbane.

New South Wales (NSW)Sydney

Featured Property

Darling Point retreat at the harbour’s edge

Magnificent views and premium appointments create stunning living and entertaining spaces in this world-class waterfront residence. For sale by William Manning of McGrath Edgecliff.

Design

Statement stairs

Materials, handrails, and design can transform a simple staircase into a stylish statement. These are 10 of the best sets of stairs on Luxury List.

Pages

News Roundup

http://www.theage.com.au/victoria/melbournes-cbd-beyond-repair-without-urgent-action-warns-urban-planner-20160712-gq4a90.html

Melbourne CBD 'beyond repair' without urgent action, warns urban planner

Planner responsible for revitalising Melbourne's CBD has warned the city will be "beyond reasonable repair" if new laws are not introduced to rein in poor skyscraper development.

The Age

http://www.domain.com.au/news/pokemon-go-real-estate-ads-listed-with-a-pokemon-themed-script-20160716-gq736l/

Real estate ads listed with a Pokemon themed script

A Melbourne real estate agent has tapped into the latest Pokemon Go craze to capture buyer interest for a Keysborough house.

Domain

http://www.afr.com/real-estate/residential/nsw/rent-report-units-play-catch-up-to-houses-in-housingshort-sydney-domain-says-20160713-gq4r6o

Units play catch up to houses in housing-short Sydney

Unit rents have risen to nearly equal house rents in Sydney, where new supply has yet to ease demand for well-located homes in an undersupplied market.

The Australian Financial Review

http://www.smh.com.au/business/aviation/solving-sydneys-car-parking-dilemma--one-driveway-garage-at-a-time-20150804-girqoy.html

Solving Sydney's car parking dilemma

In response to a "parking crisis", the NRMA wants to mobilise its 2.5m members to free up unused spaces in driveways, garages and other spots near train stations.

The Sydney Morning Herald

http://www.afr.com/real-estate#ixzz4ERIy8rQV

House price growth still strong: NAB

House prices will rise a faster-than-expected 5.1 per cent this year, due to stronger growth in Melbourne and Sydney.

The Australian Financial Review

http://www.adelaidenow.com.au/realestate/news/adelaide-sa/why-now-is-the-perfect-time-to-invest-in-adelaide-real-estate/news-story/4d1931dcef2bb9707d593b9955d5a0b6

Why now is the perfect time to invest in SA property

Adelaide's real estate market has had a strong start to the year as new research reveals it is an ideal city for property investment.

The Advertiser

http://www.news.com.au/lifestyle/home/interiors/how-to-make-renting-a-home-not-such-a-crappy-experience/news-story/c8276953ebb90974b7152cd8cb03e9e3

How to make renting a home not such a crappy experience

The share of Aussies with a landlord has risen from 18 per cent in the 1990s to 26 per cent in 2013-14. That’s even though kids are living with their parents longer and longer and cutting into the traditional renting ages.

news.com.au

http://www.forbes.com/sites/omribarzilay/2016/07/14/real-estate-agents-will-never-become-obsolete-says-compass-ceo-robert-reffkin/#39a6d5e627d3

Real Estate Agents Will Never Become Obsolete, Says Compass CEO Robert Reffkin

With all of this information readily available, the agent’s role has evolved to more than just providing information to their clients, but more so, digesting, dissecting and translating information in the market for their clients.

Forbes