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Off-the-plan apartment price hike in Brisbane

The average price of off-the-plan apartments in Brisbane's CBD has seen a dramatic rise over the last 12 months, according to the latest report by Place Advisory.

South Australia (SA)Adelaide

The Economy

Adelaide is now Australia's most affordable capital city: REIA

Adelaide has overtaken Hobart as the most affordable capital city in the country, according to new figures from The Real Estate Institute of Australia (REIA).

International

Property Managers

Meet the powerhouse team behind The Double View Mansions in Pererenan, Bali

WILLIAMS MEDIA sat down with PT Indo Bhali Makmurjaya, the company behind an exciting new apartment development in Canggu.

Queensland (Qld)Gold Coast

Featured Property

North-to-water riverfront estate with views over Surfers Paradise and Broadbeach

This architect designed home features stunning river views and generous, light filled living spaces. For sale by Michael Kollosche of Kollosche Prestige Agents.

Queensland (Qld)

The Economy

QLD budget a "slap in the face" for housing affordability

The decision to slash Queensland's First Home Owner's Grant Scheme in the state budget has been met with backlash by Queensland's two senior housing sector bodies.

Victoria (Vic.)Melbourne

The Economy

Melbourne dominates Australia's housing hotspots list

Melbourne has dominated this year’s Housing Industry Association (HIA) Hotspots Report, with 12 of Australia’s Top 20 building growth areas all located around Victoria’s capital.

National

People

Knight Frank Australia evolves leadership team by announcing new partnership structure

Knight Frank Australia have announced a new partnership structure that will be the foundation block for an "entrepreneurial focus".

Western Australia (WA)

Featured Property

Luxury East Kimberley resort-style retreat

This multi-award winning home features a separate wing with guest accommodation as well as a staff cottage, original caretaker’s house, large boat shed, and even a helicopter landing area. For sale by May Dunlop of Sotheby’s International Realty Darwin.

Queensland (Qld)Brisbane

Roposals

Brisbane council's plans to protect backyards could drive up property prices

The Brisbane City Council has unveiled a new plan to stop townhouses and apartments from being built in areas meant for single houses, but there are fears it could hike up property prices.

National

The Economy

Auction clearance rates fall as buyers keen to close the deal before long weekend

Auction volumes fell significantly across Australia thanks to the Queen's Birthday long weekend in most states and territories.

Pages

News Roundup

http://www.straitstimes.com/business/aussie-real-estate-still-drawing-spore-firms

Aussie real estate still drawing S'pore firms

There has been no let-up in Singapore companies buying into properties Down Under this year.

The Straits Times

http://www.perthnow.com.au/realestate/melbourne-looks-set-to-outshine-sydney-on-the-property-ladder/news-story/70a9e68047f0b1283afa8416d753fde3

Melbourne looks set to outshine Sydney

Generations of friendly Sydney versus Melbourne rivalry has lead to heated banter about the “best” coffee, but this time it just got serious — whose property will be the priciest? SQM’s 2016 Housing Boom and Bust Report out today suggests that while the general Australian property market is about to hit a go-slow phase, Melbourne looks set to outshine Sydney when it comes to price growth.

news.com.au

http://www.smh.com.au/business/property/brian-hartzer-andrew-thorburn-tip-further-house-price-growth-20151014-gk9gf6.html

Property slump looms? Not so, say NAB's Andrew Thorburn and Westpac's Brian Hartzer

The chief executives from two of Australia's big four banks have dismissed predictions of a sharp correction in house prices.

Sydney Morning Herald

http://www.afr.com/real-estate/westpac-rate-move-did-not-hit-auction-buyers-on-thursday-20151015-gk9q0e

Westpac rate move did not hit auction buyers on Thursday

Westpac's move to raise home loan interest rates did not affect commercial auctions in Sydney on Thursday. There was furious bidding for development sites in Waitara in Sydney's north and in the inner south in Alexandria but buyers were cautious about retail assets.

The Australian Financial Review

https://au.news.yahoo.com/thewest/wa/a/29827162/tree-change-must-come-with-bushfire-readiness/

Tree change must come with bush fire readiness

Too many people are making a tree change to WA’s most bushfire prone areas with no knowledge of how to protect themselves from a blaze, the Department of Fire and Emergency Services has warned.

The West Australian

http://www.smartpropertyinvestment.com.au/news/14665-industry-reacts-to-dire-predictions

Industry reacts to dire predictions

One investment firm's forecast of a 7.5 per cent decline in property prices has stirred strong reactions from the real estate industry, with predictions that the upswing still has plenty left to run and warnings that the Australian market should not be judged as one entity.

Smart Property Investment

http://finance.yahoo.com/video/u-housing-real-estate-finally-135727590.html

Has US Housing and Real Estate Finally Recovered?

Metacapital Management founder Deepak Narula discusses the U.S. mortgage market, real estate and his investment ideas. He speaks on "Bloomberg GO.'

Yahoo Finance

http://www.businessspectator.com.au/article/2015/10/14/property/biggest-loser-house-price-crash

The biggest loser from a house price crash

One of the biggest losers in any property downturn would be the government. The Australian tax system raises 9 per cent of its total tax revenue from property, compared to an OECD average of 5 per cent, making property owners Australia's largest collective taxpayer. No other asset class is subject to such a high level of taxation.

Business Spectator