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Sydney: It's hot in the city, but there are still opportunities to be had

With the first quarter of 2018 behind us, there are already some shifts being identified in the financing of Sydney development projects, according to Melvin Seeto, State Manager (NSW) at HoldenCAPITAL.

International

People

Andrew North wins REINZ Auctioneering Championships for fourth time

Andrew North, a real estate agent from Harcourts Cooper & Co on Auckland's North Shore, has won the 2018 Real Estate Institute of New Zealand (REINZ) National Real Estate Auctioneering Championships.

Western Australia (WA)Perth

Featured Property

Chantry House: a modern take on 19th Century style

This grand residence is set on a manicured estate of approx. 1,434 sqm in Perth's highly sought after enclave of Peppermint Grove. For sale by Jody Fewster of ACTON Cottesloe.

New South Wales (NSW)Sydney

The Economy

NSW budget fails home buyers: REINSW

The NSW Government has failed to address stamp duty rates in yesterday's budget, which haven't been updated in 32 years.

Queensland (Qld)Brisbane

Design

Four benefits of flexible workspaces

Flexible workspaces, such as the spaces that Corporate House provides, come with a huge range of benefits.

Queensland (Qld)Brisbane

The Economy

South East Queensland increasingly attractive to investors: Knight Frank

Brisbane is currently experiencing the highest level of interest from offshore investors ever witnessed, and it’s only expected to strengthen, according to Knight Frank.

New South Wales (NSW)Sydney

Featured Property

'The Nook': Grand scale Woolwich waterfront sanctuary

This residence in French villa style was custom designed to accommodate large families. For sale by Darren Curtis and Ken Jacobs of Ken Jacobs Double Bay.

Northern Territory (NT)Darwin

People

Daniel Harris wins REINT Auctioneering Championships

Daniel Harris, director of projects and sales professional at Real Estate Central, has won Auctioneer of the Year at the Real Estate Institute of Australia (REINT) 2018 Auctioneering Championships.

National

The Economy

Six depreciation questions to ask yourself this tax time

With tax time fast approaching, here are six questions you should be asking yourself to ensure you’re getting the most out of your investment property, says Bradley Beer of BMT Tax Depreciation.

New South Wales (NSW)Sydney

Design

Real estate agency wins award for architectural vision

LJ Hooker | Artarmon has been recognised for the architectural design of their office at the 2018 Sydney Design Awards.

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News Roundup

http://www.straitstimes.com/business/aussie-real-estate-still-drawing-spore-firms

Aussie real estate still drawing S'pore firms

There has been no let-up in Singapore companies buying into properties Down Under this year.

The Straits Times

http://www.perthnow.com.au/realestate/melbourne-looks-set-to-outshine-sydney-on-the-property-ladder/news-story/70a9e68047f0b1283afa8416d753fde3

Melbourne looks set to outshine Sydney

Generations of friendly Sydney versus Melbourne rivalry has lead to heated banter about the “best” coffee, but this time it just got serious — whose property will be the priciest? SQM’s 2016 Housing Boom and Bust Report out today suggests that while the general Australian property market is about to hit a go-slow phase, Melbourne looks set to outshine Sydney when it comes to price growth.

news.com.au

http://www.smh.com.au/business/property/brian-hartzer-andrew-thorburn-tip-further-house-price-growth-20151014-gk9gf6.html

Property slump looms? Not so, say NAB's Andrew Thorburn and Westpac's Brian Hartzer

The chief executives from two of Australia's big four banks have dismissed predictions of a sharp correction in house prices.

Sydney Morning Herald

http://www.afr.com/real-estate/westpac-rate-move-did-not-hit-auction-buyers-on-thursday-20151015-gk9q0e

Westpac rate move did not hit auction buyers on Thursday

Westpac's move to raise home loan interest rates did not affect commercial auctions in Sydney on Thursday. There was furious bidding for development sites in Waitara in Sydney's north and in the inner south in Alexandria but buyers were cautious about retail assets.

The Australian Financial Review

https://au.news.yahoo.com/thewest/wa/a/29827162/tree-change-must-come-with-bushfire-readiness/

Tree change must come with bush fire readiness

Too many people are making a tree change to WA’s most bushfire prone areas with no knowledge of how to protect themselves from a blaze, the Department of Fire and Emergency Services has warned.

The West Australian

http://www.smartpropertyinvestment.com.au/news/14665-industry-reacts-to-dire-predictions

Industry reacts to dire predictions

One investment firm's forecast of a 7.5 per cent decline in property prices has stirred strong reactions from the real estate industry, with predictions that the upswing still has plenty left to run and warnings that the Australian market should not be judged as one entity.

Smart Property Investment

http://finance.yahoo.com/video/u-housing-real-estate-finally-135727590.html

Has US Housing and Real Estate Finally Recovered?

Metacapital Management founder Deepak Narula discusses the U.S. mortgage market, real estate and his investment ideas. He speaks on "Bloomberg GO.'

Yahoo Finance

http://www.businessspectator.com.au/article/2015/10/14/property/biggest-loser-house-price-crash

The biggest loser from a house price crash

One of the biggest losers in any property downturn would be the government. The Australian tax system raises 9 per cent of its total tax revenue from property, compared to an OECD average of 5 per cent, making property owners Australia's largest collective taxpayer. No other asset class is subject to such a high level of taxation.

Business Spectator