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Hot Property: Biggest headlines from the week that was

May 28, 2020Grace Ormsby

Why Australians could be given $50,000, how to terminate a tenancy and the need for a stamp duty plan: Here are some of the biggest stories from this week. ...

REB_top100agents
top 10 agents

1

Alexander Phillips

Year of Experience: 20

Support Staff: 3

Residential Properties Sold: 215

Total Value of Residential Properties Sold:

$ 522,477,791

VIEW COMPLETE REPORT

Have you experienced sexual harassment or bullying in the workplace?

Yes, I've been the victim of sexual harassment (15.8%)
Yes, I've been the victim of workplace bullying (21.1%)
No (63.2%)

Total votes: 19
The voting for this poll has ended on: April 30, 2020
TECH MARKETING SALES BETTER BUSINESS PROPERTY MANAGEMENT
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Openn Negotiation has confirmed a new integration with realestate.com.au which aims to provide a better experience for b ...

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After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

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Michael Johnson WEB How COVID-19 has been impacting real estate agents ...

In April, Momentum Intelligence conducted a major survey to understand how the coronavirus pandemic has been affecting t ...

Tom Panos 140520 What’s Making Headlines – 14 May 2020

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After an initial lull, things have started ramping back up in the Brisbane property market, but Heath Williams, lead age ...

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It seems like there has been a huge change of sentiment in the last month as a confluence of factors has come together t ...

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While the current crisis could exacerbate high mortgage debt, there are currently no signs of distress visible in the ho ...

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Property managers in Victoria should advise caution to home owners, after a stern warning was issued about regulations s ...

EVENTS
REBAWARDS Listready
Real Estate Business Awards 2020

The REB Awards is the benchmark of success in the Australian real estate industry. It reflects not only the business astuteness of the country’s leading real estate operators and networks..

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Why we’ll keep delivering for our communities in the face of COVID-19

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As Australia tries to keep pace with a rapidly changing business and social landscape in the wake of COVID-19, Momentum Media is leading the way delivering essential content to our communities, writes Alex Whitlock, director of REB.

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State of Markets – SA February 2012

01 February 2012 Phillip Tarrant

Essential information, plus expert insight on what is shaping the national property market...

SOUTH AUSTRALIA

Fast Figures

  • 4.74% – average rental yield for units, Adelaide
  • $385,000 – median house price, Adelaide
  • $290 – weekly median advertised rent, Adelaide

End stamp duty: Treasury report
In order to prepare for an ageing population and to provide affordable homes, stamp duty should be ended in all states for seniors, said the new Realising the economic potential of senior Australians: Turning grey into gold report from the Department of Treasury.

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South Australia currently has the second oldest population in Australia, preceded only by Tasmania, according to the Australian Bureau of Statistics (ABS).

ABS data indicate the proportion of the population exceeding 65 years old is 6 per cent higher today than it was in 1970, and is expected to jump 8 per cent, to 23 per cent, by 2050.

Currently no stamp duty concessions are available in SA.

“Government regulations are inhibiting senior Australians from obtaining housing that suits their needs. State and territory government stamp duties discourage relocation to more appropriate housing,” the report said.

The report called for more efficient taxes, such as a recommended annual land tax.

Mine expansion an area to watch
The South Australia and Northern Territory governments’ approval of mining operations expansion is good news for property investors, according to Positive Real Estate.

BHP Billiton’s $30 billion addition to the Olympic Dam site is going to assist investors in the area, said Positive Real Estate CEO Sam Saggers.

“Investors who bought into the Whyalla market in 2008 should be aware that the recent news about the mining giant yields the potential to dramatically increase the value of their Whyalla investments,” Mr Saggers said.

Investors should look to the area and its surrounds for the benefits of the increased confidence that will come with the expansion, he said.

“The potential for fantastic growth in Whyalla and nearby areas is definitely looking up.”

State of Markets – SA February 2012
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Do you have an industry update?
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