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Observers
New Developments Peter Chittenden At first glance this budget was, with only a few exceptions, a fairly neutral budget for our sector. Or was it?
Renovating Robert Projeski Homeowners and investors often overlook the humble granny flat as a means of gaining a real return in the backyard of their primary residence or in their investment property.
Tax Mark Bouris Technical terminology is okay if it provides shorthand for complex ideas. But in superannuation, jargon tends to push people away.
Trends Mary Wood The announcement provides a pathway for older homeowners who wish to downsize and supports the changing housing preferences of older Australians.
Developer Spotlight
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Property Observer
Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.
Industry news
Money Choice puts public lock on Twitter account as PIPA suspends corporate membership pending an investigation Larry Schlesinger Tweets from the Money Choice Twitter account, which has 622 followers, were available for anyone to read last week.
Trends
Despite boom and bust cycle, real estate industry maintains myth that prices always rise: Catherine Cashmore Catherine Cashmore The recovery we’re currently seeing is largely led by the investment sector – with an equal perception that values will maintain their upward trajectory.
Tweet of the day
ACCC's Scamwatch warns against cold callers who 'guarantee' high returns: Tweet of the week Property Observer The Australian Competition and Consumer Commission’s Scamwatch division has warned against cold callers who spruik investments with 'guaranteed' high returns or encourage you to invest in overseas companies.
Ask Margaret
Each state has their own department of planning and, sadly, not all states are on the same page with the same rules.
Auctions
But after the $4.7 million opening bid, just the six bidding parties actually got to bid on the house with large garden with a 12-metre heated swimming pool.
Taxation
Government didn’t have the “ticker” to abolish negative gearing in budget: Scott Pape Larry Schlesinger Scott Pape says the government did not have the "ticker" to abolish its "dud" negative gearing policy.
Trends
Local buyers should beware the hype caused by foreign investment in the Australian property market: Mark Armstrong Mark Armstrong Overseas buyers can and often do pay too much for property because they do not fully understand the market they are entering.
New South Wales
James Packer has chosen a winning design for his $1 billion Barangaroo tower, Crown Sydney.
Retail
A neglected Sydney backstreet is planned to become a trendy laneway retail space as the City of Sydney council looks to lease out a property at 1 Foley Street.
Demographics
ACT public servant mandarins most likely to benefit from federal budget downsizers scheme as stamp duty the major hurdle for seniors in other states Jonathan Chancellor Pensioners living in the ACT could act as a litmus test in the trial, because the ACT exempts older people from paying stamp duty, pensioner groups have noted.
News
Larry Schlesinger Joe Hockey has no plans to review negative gearing tax breaks if the Coalition wins power in September. Wayne Swan has also ruled out abolishing the investor-friendly tax rules.
Alistair Walsh The seven-bedroom, five-bathroom estate comes with a vast array of features to keep its buyers occupied for months.
Jonathan Chancellor James Packer's latest wealth has been estimated by the forthcoming BRW Rich 200 list as $6 billion.
Charmaine Wong Ramsay Healthcare chairman Paul Ramsay has enjoyed a large growth in his personal wealth over the past year, according to the forthcoming 2013 BRW Rich 200 list.
Larry Schlesinger The key phrase in the minutes is that the RBA board decided that “some of the scope” to ease policy should be used at the May meeting.
Charmaine Wong The retailer is worth about $1.7 billion, up $550 million since last year.
Larry Schlesinger Marcus Lee, a colleague of Matthew Joyce, who has also been detained in Dubai since 2009, was acquitted of all charges relating to the property deal.
Larry Schlesinger Masters Builders Australia forecasts the value of residential building work done, in real terms, to grow from $46.2 billion in 2012-13 to $60.9 billion in 2015-16.
Larry Schlesinger With two months to go in the 2012-13 financial year, the average balanced fund has returned 15.4% between July 1 2012 and April 30 2013, according to super research and consultancy firm Chant West.
Nicola Trotman Olympic synchronised swimmer Irena Olevski and her husband Dave have listed their South Yarra home for June 1 auction with a $1 million price guide.
Larry Schlesinger The charges against Norm Carey and former Westpoint chief financial officer Graeme Rundle were dropped, two weeks into a trial in Perth's district court.
Alistair Walsh A 125-year old warehouse-conversion in a Melbourne laneway, former home to De Lacy restaurant, has been listed for vacant possession sale.
Glenn Dwyer Marina Adelaide, South Australia’s only fully integrated marine precinct, has hit the market offering a rare opportunity to invest in the rapidly growing area of Largs North.
Alistair Walsh Stockland has cut gross overheads by 10% in the past year and is aiming for another 10% in 2014, with half of that coming from staffing costs.
Larry Schlesinger Aussie Home Loans founder John Symond says the next 12 months to two years will be a good time to be in the property market.
Andrew Crook A senior News Limited executive offered to pay up to $100,000 in legal fees to a Geelong real estate agent embroiled in a legal brawl with a part-Fairfax-owned rival.
Larry Schlesinger Matthew Hassan says the current positive momentum in the housing market is "well-entrenched" but consumer caution and a reluctance on the part of buyers to stretch themselves financially will remain a major ongoing restraint.
Larry Schlesinger The new 4.79% rate is available for customers who take out a packaged home loan and borrow in excess of $150,000.
Jonathan Chancellor House Rules unveils its first entire house reveal with much at stake as The Block All Stars first room reveal attracts a 1.524 million audience, the top non-news and current affairs ratings for Sunday night.
Larry Schlesinger There was a more pronounced decline in the greater Brisbane market which recorded a 2.3% fall to a median house price of $430,000 off 3,662 sales.
Larry Schlesinger Acland Street has the highest rents among Melbourne retail strips and also the lowest vacancy, at just 2.5% with just two stores out of 80 vacant.
Alistair Walsh RP Data recorded an auction clearance rate of 75.3% for the week, up from 67.7% the week before.
Larry Schlesinger GPT did not name the buyer saying only that sold to a client of Lend Lease Investment Management, a Singapore-based division of the property development giant.
Jonathan Chancellor A sale price in excess of $4.5 million was tipped for a grand Prahran mansion when it went to weekend auction.
Alistair Walsh Melbourne recorded a weekend auction clearance rate of 73% compared to 60% the same time last year, according to the Real Estate Institute of Victoria.
Most Read
Terry Ryder No matter how high the population growth rate, it won’t create capital growth if developers generate an over-supply.
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