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Observers

The impact of bushfire zoning on your development: Jo Chivers New Developments
Jo Chivers Whilst we want to build dwellings that are safe, what exactly do we need to add to our dwellings when they are in a bushfire zone to meet requirements?
Three pressure points that can swing property purchase negotiations in your favour: Michael Yardney Residential
Michael Yardney Savvy property investors know how to negotiate a better deal for themselves by applying pressure to three critical negotiating points.
Australians should still be encouraged to contribute more towards their super: Ken Raiss Trends
Ken Raiss People are living longer and the tax rules and benefits need to reflect the growing uncertainty that comes with old age and need for greater flexibility.
Queensland property managers must keep their eyes open for meth labs: REIQ Residential
Amanda Haack The circumstances in which Queensland property managers are required to conduct routine inspections means their eyes should be wide open to such clues.

Developer Spotlight

Property Observer

Atria Apartments in Hawthorn offers buyers an opportunity to invest in one of Melbourne’s finest suburbs.

Ask Margaret

I’d have to say that the optimum time to sell a property in Sydney is not likely to be in the coming 18 months at all.

Purchase or Pass?

In this week’s Purchase or Pass, Chris Gray is joined by Arthur Charlaftis of realestate.com.au to analyse a potential investment in a block of units that has previously been turned down.

Trophy homes

An apartment in the Del Rio Spanish Mission style apartment complex in Elizabeth Bay is on the market for $4.75 million.

Residential

Before you buy a property in a development with an owners' corporation, it’s essential to understand your potential financial liabilities and other responsibilities as a member.

Design

Lend Lease’s Darling Quarter and Commonwealth Bank Place development in Sydney took out four awards on its way to claiming the top gong at the 2013 Property Council of Australia / Rider Levett Bucknall Innovation and Excellence Awards.

Landlords

Investors are back as weekly rents have increased by 3.5% over the past year while value growth has been moderate.

Queensland

New data confirms two things we’ve been tipping: the decline of Gladstone and the rise of Rockhampton.

Industry news

Meriton boss Harry Triguboff, who turned 80 this year, has risen up one place from seventh to sixth with a fortune estimated at $4.95 billion up from $4.85 billion a year ago.

Trends

The recovery we’re currently seeing is largely led by the investment sector – with an equal perception that values will maintain their upward trajectory.

News

Larry Schlesinger Matthew Joyce and Melbourne-based developer Angus Reed were convicted by a Dubai court on bribery and corruption charges in relation to a 2007 Dubai waterfront land deal involving Queensland developer Sunland.
Glenn Dwyer The Beech Forest potato farm formerly owned by the late ultra-marathon runner Cliff Young, has been put up for sale this month for an asking price of $395,000.
Jonathan Chancellor Forget Johdi, the big Point Piper property pad listed this week belongs to the billioniare Jim Clark and model Kristy Hintze. And Karen Daly, the wife of the big band performer, Warren Daly has two nearby redundant pads on the market too
Larry Schlesinger Domain is one of the standout businesses among the Fairfax's various print and online ventures with 14% revenue growth reported in recent interim results.
Jonathan Chancellor The repetitive screening of antics over the steam room originality and the fluffy paint rollers wasn't engaging enough to hold the audience.
Larry Schlesinger Geelong is no longer dependent on manufacturing having reinvented itself as a diverse economy, says Terry Ryder.
Jonathan Chancellor Not just Bellevue Hill as remaining local residents see the acquistory ways of prestige schools all across Sydney.
Larry Schlesinger Property investors claimed a record $9.1 billion in aggregate losses in 2008, lower than $7.9 billion in aggregate losses claimed in 2010-2011, ATO figures show.
Mark Armstrong A four-bedroom Californian bungalow in Balwyn will go to auction this weekend, with its agent suggesting there has been plenty of interest from potential buyers.
Glenn Dwyer A former State Savings Bank which has been used as a set for the 2003 film Ned Kelly and featured in the Australian classic Mad Max was auctioned last weekend in the regional Victorian town of Clunes.
Larry Schlesinger Low interest rates and increasing buyer confidence are the two key factors that could drive 10% growth for properties priced between $500,000 and $1.5 million says Dr Andrew Wilson.
Larry Schlesinger The company plans to invest in ‘multifamily’ apartment blocks in Texas and New Mexico with more than 150 apartments spurred on by the improving residential market in these states.
Larry Schlesinger In 1989-90, just 696,000 taxpayers – 7.2% of the total – reported net rental income to the Australian Taxation Office compared with 14.2% in 2010-11.
Nicola Trotman Autumn is set for one last hurrah with auction listings climbing back up this week, with 1,541 auctions scheduled in capital cities across the nation.
Jonathan Chancellor They last bought on Bancroft Avenue property in 2011 paying $3.675 million suggesting they are intent on increasing their land holdings in the street for some future college expansion.
Larry Schlesinger Ray Berryman spent 10 years with the City of Melbourne, including five of those as city valuer, and overseeing nearly $100 million in rate revenue.
Nicola Trotman An original coastal residence in Bronte, New South Wales, sold for $4.05 million, according to RP Data.
Property Observer Auction clearance rates have now been above 60% for seven consecutive weeks; the last time this occurred was in June 2010.
Larry Schlesinger There will be around 650 jobs lost at the Broadmeadows Ford production plant and 510 at the Geelong production plant.
Larry Schlesinger Respondents to the survey also have modest interest rate cut expectations over the next 12 months with just 10 basis points expected to be shaved from commercial lending rates.
Larry Schlesinger Just Property Management (WA) Pty Ltd took between 17 and 46 days to lodge 37 bonds totalling more than $50,000.
Jonathan Chancellor The neighbouring Cranbrook School was the $15.5 million buyer of the former Bellevue Hill matrimonial home of the late transport tycoon Sir Peter Abeles.
Jonathan Chancellor Chinese property developer and Australian citizen Hui Wing Mau makes a stellar debut on the BRW Rich 200 list but his $4.8 billion was not enough to knock Frank Lowy and Harry Triguboff of their higher property perches.
Larry Schlesinger Sentiment about the housing market defied the overall drop in consumer confidence with the ‘time to buy a dwelling’ sub-index lifting 11.2% in May to be up 20.7% over the past 12 months.
Larry Schlesinger In 2012, Westfield sold seven of its US malls to Starwood Capital, founded by US commercial property market king Barry Sternlicht for around $1 billion.

Macquarie's harbourfront-bound Nicholas Moore finally secures Federation Mosman sale Jonathan Chancellor
Meanwhile, Mike Quigley, boss of the federal government's National Broadband Network, has also sold his Mosman mansion recently at $3,555,000. It represented a loss on the $3.6 million paid in 2007.
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