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Redland Bay development site with 36 existing titles

Expressions of interest are being sought for two nearby development sites that are being offered to the market for the first time in over 120 years at Broadwater Terrace and Marine Street, Redland Bay, through Ray White Special Projects Queensland.

Queensland (Qld)Brisbane

The Economy

What can you buy for $1 million in Brisbane?

The Sunshine State has some of the most prestigious property - here's what $1 million will buy you in Brisbane.

Queensland (Qld)Brisbane

Featured Property

"Lynford": 1928 Tudor Home on approx. 1,503sqm

One of the best examples of a Tudor revival home in Brisbane, this heritage-listed home is for sale by Dwight Ferguson of Ray White Ascot.

National New South Wales (NSW)Queensland (Qld)Victoria (Vic.)

The Economy

Auction activity continues to rise following seasonal downturn

All but one of Australia's markets experienced an improvement in auction volumes from last week, according to CoreLogic.

National

The Economy

Falling house prices close inequality gap, says report

Despite falls in residential property and share markets, the inequality gap between the financial comfort of homeowners and renters has begun to close for the first time in years, and most households are feeling better about their finances.

National

People

How to answer the awkward salary question

Resolver Recruitment's Virginia Brookes says this is how to answer the dreaded "so what are your salary expectations"? question.

Victoria (Vic.)Melbourne

Featured Property

Stunning South Yarra warehouse with rooftop terrace

Designed by NMBW Architecture Studio, this award-winning conversion enjoys spectacular Melbourne skyline views. For sale by Michael Ebeling and Holly Gillham of RT Edgar Toorak.

South Australia (SA)Adelaide

The Economy

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.

Pages

News Roundup

http://www.afr.com/real-estate/melbourne-cbd-apartment-values-fall-40pc-settlement-fears-rise-20160328-gnss6d

Melbourne CBD apartment values fall 30pc, settlement fears rise

Apartments in central Melbourne are being resold at up to 30 per cent less than their off-the-plan purchase price, sales data shows.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/spurned-cbus-looks-north/news-story/f9b64079eebf780e0dccc052447e758a

Spurned Cbus looks north

Melbourne developer Cbus Property has failed to win planning support for a $1 billion Collins Street tower, but is likely to snare planning approval for 750 apartments on the former Inglis stables site in Randwick.

The Australian

http://www.afr.com/real-estate/foreign-borrowers-targeted-in-anzs-property-lending-crackdown-20160328-gnslh5

Foreign borrowers targeted in ANZ's property lending crackdown

ANZ Banking Group has closed the door on some buyers wanting to invest in Australian real estate using overseas funds.

The Australian Financial Review

http://blogs.crikey.com.au/theurbanist/2016/03/29/are-sydneys-empty-homes-the-result-of-perverse-tax-incentives/

Are Sydney’s 'empty homes' the result of perverse tax incentives?

It’s not certain Sydney even has a serious 'empty homes' problem much less one driven by perverse tax incentives. There are simpler and more plausible explanations for the great bulk of unoccupied dwellings

Crikey

http://www.smh.com.au/nsw/thousands-of-empty-homes-adding-to-sydneys-housing-crisis-experts-say-20160323-gnpc52.html

Thousands of empty homes adding to Sydney's housing crisis

Sydney's housing affordability crisis is being artificially inflated by up to 90,000 properties standing empty, experts say.

The Sydney Morning Herald

http://www.theaustralian.com.au/business/financial-services/westpacs-george-frazis-rejects-talk-of-housing-bubble/news-story/ea03457ba8b24dce37f2b9b7ead8531a

Westpac’s George Frazis rejects talk of housing bubble

Westpac consumer banking boss George Frazis has come out swinging against allegations of dodgy lending practices and talk of a housing bubble in Australia.

The Australian

http://www.afr.com/business/banking-and-finance/financial-services/australian-credit-cycle-may-have-finally-turned-20160328-gnsc26

Australian credit cycle may have finally turned

The bad debt cycle has bottomed.

The Australian Financial Review

http://www.afr.com/real-estate/residential/property-buyers-priced-out-of-three-quarters-of-sydney-20160325-gnregn

Property buyers priced out of three quarters of Sydney

The average home buyer cannot affordably purchase the majority of homes in three-quarters of Sydney, new research from UNSW's City Futures Research Centre shows.

The Australian Financial Review