Source: Colin Biggers & Paisley Further to our release below on 10 December 2024 regarding the Court of Appeal's decision, the High Court yesterday declined TfNSW's application for special leave to appeal. This outcome solidifies the Court of Appeal's decision setting out the steps involved in properly characterising the "public purpose" behind a compulsory acquisition. In Brief Further to our release below on 10 December 2024 regarding the Court of Appeal's d...

The excitement is building as delegates from around the world prepare to gather in Sydney for the highly anticipated Global Property Congress 26-29 May 2025. One of the major highlights will be the joint presentation by two of the industry’s leading minds: John Leeson and Charles Stuart. John Leeson, renowned for his sharp insights and future-focused strategies, will open the session by challenging traditional thinking and offering bold predictions about the evolution of water entitl...

John is thrilled to announce that he will be attending the International Right of Way Association (IRWA) 71st Annual International Education Conference in Virginia Beach, VA, USA, from June 1–4, 2025. He looks forward to sharing updates and highlights throughout the event, joining over 1,000 professionals from around the world. This global gathering is an incredible opportunity to foster connections, explore new opportunities, collaborate across borders, and gain fresh insights into th...

Source: CoreLogic Australian property values reached new heights in March, reversing a recent downward trend, according to CoreLogic’s national Home Value Index. Values increased 0.4% over the month, the second consecutive month of growth in the national index, following a short three-month decline where values dipped 0.5%. Regional markets continue to outperform the capitals, with the combined regionals index rising 0.5% compared with a 0.4% gain seen across the combined capitals. Ho...

Source: PEXA Key Findings: Calendar Year 2024 QLD retained the lead for the highest number of property settlements with 198,019 in 2024, followed by NSW (194,729) and VIC (187,944).   Property purchases in 2024, 17.3% higher than in 2023. This increase in aggregate value came despite declining or stagnating property prices in some capital cities during 2024.  The annual total number of settlements in 2024 was 13.2% less than the COVID-related peak in activi...

Source: CoreLogic CoreLogic’s Home Value Index (HVI) ended the year on a negative note, with values down -0.1% nationally over the month after peaking in October and holding flat in November. CoreLogic’s research director, Tim Lawless, said the decline in values is no surprise. “This result represents the housing market catching up with the reality of market dynamics.” “Growth in housing values has been consistently weakening through the second half of the 20...

Source: Colin Biggers & Paisley Lawyers By Ian Wright, Nadia Czachor, Krystal Cunningham-Foran and Matt Richards
An application for the extinguishment of an easement providing for the access and enjoyment of light and air is dismissed because of the practical benefits to the benefitted property and any injury suffered by its extinguishment could not be adequately compensated. In brief The case of Litfin v Wenck [2024] QSC 170 concerned an application to the Supreme Court of Queensla...

Source: REIQ Queensland’s rapidly rising residential property prices stabilised over the September 2024 quarter (July –September 2024), as a wave of Spring sales began settling. The latest median sales results released by the Real Estate Institute of Queensland (REIQ) today,reveals a modest 0.26% increase in Queensland’s median house prices for the quarter, lifting to$772,000. While annual house price growth remains impressive across the state, some regions saw slight qua...

Source: www.bartier.com.au With a legislative history spanning just under two years, the decision of the NSW Court of Appeal in Olde English Tiles Pty Ltd v Transport for New South Wales has divided both the public and legal practitioners. So it comes as no surprise that the Applicant applied for special leave to the High Court of Australia. Interested parties have been eagerly waiting to see the High Court’s decision. The power of five words - “special is refused with...

Source: CoreLogic Valuation volumes throughout 2024 have been stable, supported by steady demand in the Australian housing market. However, as the market starts to turn with softening conditions and lower auction clearance rates, Australia’s housing market offers both risks and opportunities for valuers approaching 2025. CoreLogic’s latest housing data reveals key trends likely to influence residential valuations, particularly as broader economic factors, such as inter...