Property News Update – 30th June 2018  A whole town for sale + Where homes earn more than owners  Story 1 A whole town for sale Fancy being king or queen of your own burgher, with fishing and forests at your doorstep and clean air?  It can be all yours – all 16 houses – for $500,000. https://www.queenslandcountrylife.com.au/story/5481680/whole-town-for-sale-for-just-500000/?cs=4733 RET Show 312 DIY home improvement design … Continue reading A whole town for sale + Where homes earn more than owners

‘Double dipping’ real estate agents Double agents aren’t solely the domain of James Bond films, as property industry insiders sound the alarm over “double dipping” real estate agents leaving consumers vulnerable… READ MORE Naming the suburbs about to gentrify AT LEAST 12 suburbs across Australia are early stages of gentrification, according to research by the Property Investment Professionals of Australia (PIPA)…READ MORE Lenders slashing high LVR home loans RateCity spokesperson … Continue reading Double dipping agents + Lenders slash LVR’s + Property State of Origin

Replacement to stamp duty saves billions Australia stands to gain $24.3 billion every year in GDP – Gross Domestic Product – from 2047 if state governments phased out stamp duty replacing it with a broad-based land tax, a new report has found.…READ MORE The deadliest backyards of Australia Australia has quite the reputation for being a locale with deadly, scary wildlife. From crocodiles, poisonous snakes and spiders, … Continue reading Deadliest backyard + Pain for highly leveraged Investors + Home game for footy lovers

Affordable cities draw migration Thousands of people are transferring cities as they seek more affordable housing, according to the latest interstate migration figures released by national property market researcher Propertyology…READ MORE ‘Like pulling teeth’: Sydney buyers cautious Agents in Sydney’s south had their work cut out for them after a hotly tipped auction turned out to be “like pulling teeth” in a long and drawn-out … Continue reading Latest migration figures + Foreign investment collapses + Short term rentals update

Victorian commissions at risk Lawyers acting for Victorian vendors have successfully argued in Court that an agent was not entitled to the commission payment because the Exclusive Sales Authority form used “did not comply” with the Estate Agents Act… READ MORE Land banking tax incentives axed While property was mostly off the radar in the Federal Budget last week, the government did propose changes to … Continue reading Victorian commissions at risk + Three Sydney lies + Property Investment Advice