The Real Estate Conversation

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Changes to negative gearing "won't stimulate housing demand"

The ALP's proposed changes to taxation arrangements for investment properties will hit investor demand, not stimulate it, says the Property Council of Australia.

New South Wales (NSW)Sydney

Design

Queensland's largest flexible workspace provider to expand interstate

Off the back of impressive growth in Queensland, Corporate House is set to expand their offering nationally, with their first interstate location in Sydney to be unveiled early this year.

National

People

The two things your recruiter needs to know about you

Director of Resolver Recruitment, Virginia Brookes reveals the two things recruiters need to know about you when you're on the job hunt.

Victoria (Vic.)

Featured Property

Tropical oasis in coastal Portsea

This resort-style contemporary home is nestled on approx. 1,840sqm of tropical gardens close to bay, surf, golf course, and village. For sale by Ilze Moran and Michelle Cook of RT Edgar Portsea.

Western Australia (WA)Perth

The Economy

Housing body calls for reintroduction of WA First Home Owner Grant

It comes after research revealed first home buyers are choosing to forgo the grant, which only provides assistance to those who choose to build, in favour of purchasing established properties.

Queensland (Qld)

The Economy

Development and tourism potential for substantial Gladstone site

Expressions of interest are being sought for a substantial coastal landholding with a multitude of development opportunities at 485 Tannum Sands Road, through Ray White Special Projects Queensland.

New South Wales (NSW)Sydney

The Economy

Apartment oversupply pushes Sydney's vacancy rate to its highest level

Older properties are bearing the brunt of Sydney's high vacancy rates, as an apartment oversupply pushes the Harbour City firmly to a tenants market.

Victoria (Vic.)Melbourne

Featured Property

Spacious and light early Victorian with outdoor retreat

This South Yarra property blends original details with contemporary design across two dwellings. For sale by Jeremy Fox of RT Edgar Toorak, Jack Edgar of RT Edgar Toorak and Peter Kudelka and Michael Gibson of Kay & Burton South Yarra.

National

The Economy

Buyers out in force, as auction clearance rate rises above 50 per cent

Buyers turned out in solid numbers, as the number of auctions scheduled across the capital cities surged above 2,000 for the first time this year.

National

The Economy

Five interesting facts about your specialist quantity surveyor

Most first-time property investors soon discover that they need a tax depreciation schedule and require a quantity surveyor to supply one. But what is a quantity surveyor and how do they come up with your depreciation deductions? BMT Tax Depreciation breaks it down for you.

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News Roundup

http://www.afr.com/real-estate/south-africas-redefine-buys-melbourne-car-park-for-student-housing-project-20160405-gnypm7

South Africa's Redefine buys Melbourne car park for student housing project

Johannesburg-listed Redefine Properties has paid $30 million to acquire a car park on the edge of the Melbourne CBD and plans to develop it into student housing.

The Australian Financial Review

http://www.domain.com.au/news/australia-to-have-too-many-homes-in-2017-bis-shrapnel-report-20160308-gnd9jh/?utm_source=Twitter&utm_medium=link&utm_campaign=social

Australia to have too many homes in 2017: BIS Shrapnel report

After a record breaking building boom in most capital cities, Australia will have 24,039 more homes than are needed, a new report shows.

Domain

http://www.theaustralian.com.au/business/opinion/robert-gottliebsen/dangerous-cocktail-threatens-to-topple-the-apartment-market/news-story/2e06fd0fe82b4e3b437076802e9591bf

Dangerous cocktail threatens to topple the apartment market

The tightening of money in China and the investor-housing credit squeeze being imposed by APRA are combining to create increased fear levels that threaten dwelling prices, bank shares and the entire economy.

The Australian

http://www.afr.com/news/politics/turnbull-pushes-efficient-taxes-20160404-gnxqso

Land tax an option as Malcolm Turnbull pushes states for efficient taxes

Prime Minister Malcolm Turnbull will insist the states overhaul their tax systems before asking Canberra for more money, including possibly replacing stamp duty with land taxes, a change the federal Treasury calculates will deliver a big economic boost.

The Australian Financial Review

http://www.domain.com.au/news/victorian-mortgage-delinquency-holds-steady-but-certain-suburbs-hit-hard-20160404-gnxmz7/

Victorian mortgage delinquency steady, but certain suburbs hit hard

Two suburbs on Melbourne’s fringes are among the worst postcodes in the country for mortgage delinquency.

Domain

http://www.afr.com/real-estate/property-listings-grew-modestly-in-march-deutsche-bank-says-20160404-gnxyr7

Property listings grew modestly in March, Deutsche Bank says

New real estate listings rose in the March quarter, despite an anaemic last month in which an early Easter capped the number of homes put on the market.

The Australian Financial Review

http://www.theaustralian.com.au/business/chinese-fertiliser-producer-hubei-xinyangfeng-buys-farm-in-nsw/news-story/384f466525f744406674ba120674fe96

Chinese fertiliser producer Hubei Xinyangfeng buys farm in NSW

Shenzhen-listed Hubei Xinyangfeng, one of China’s largest producers of fertilisers, has pledged to spend $US50 million ($65m) to expand in Australia. In an initial move, it has paid $5m for Kendorwal, its first acquisition outside China.

The Australian

http://www.apimagazine.com.au/2016/03/how-to-make-your-rental-property-stand-out-from-the-crowd/

How to make your rental property stand out from the crowd

Renting out a property can be very competitive, so you want to make sure you attract the right type of tenants.

Australian Property Investor