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Major social housing project gets green light in Victoria

The Andrews Labor Government has green-lighted a major social housing project, that is set to deliver 100 new social housing homes to support the most vulnerable members of the community.

Queensland (Qld)

Featured Property

Fall in love with 'Botanica Whitsundays'

This lavish oceanfront residence has won awards and accolades as a destination wedding and events venue for up to 100 guests. For sale by Carol Carter of Queensland Sotheby’s International Realty - Gold Coast.

National

The Economy

Housing finance numbers confirm market feedback, says REIA

Housing finance figures released by the Australian Bureau of Statistics show the number of loans for housing has continued to decline over the last eight months, according to the Real Estate Institute of Australia (REIA).

Queensland (Qld)Brisbane

The Economy

Savvy homeowners cash in on high capital growth suburbs in Brisbane

Savvy property owners have made huge cash gains after investing in a number of Brisbane suburbs which have recorded high capital growth, new research from Place Advisory reveals.

National

People

Here’s why you didn’t get the job, according to a real estate recruiter

Ever wondered why you didn't get the job? Virginia Brookes from Resolver Recruitment reveals why you may have missed out on that job offer.

New South Wales (NSW)

Featured Property

Hunter Valley charm: solid stone cottage with guest house

Located in the heart of Pokolbin, this home includes its own unique wine tasting space, a separate guest house and spa retreat, within walking distance of Hunter Valley wineries. For sale by Peter Dehnert of McElwaine Property East Maitland.

Victoria (Vic.)

The Economy

Victoria home to most affordable suburbs in nation, says report

The state of Victoria is home to some of the most affordable suburbs around the country, a recent report by CoreLogic has found.

Victoria (Vic.)

Politics

VIC state government announce $10m to upgrade Bendigo public housing

Public housing tenants in Bendigo will benefit from $10 million in improvements to public housing estates, thanks to an Andrews Labor Government boost to regional public housing.

Victoria (Vic.)Melbourne

Design

‘Future Cities’ symposium to unveil shortlisted designs for $2b Southbank by Beulah

Six teams comprising the world’s leading architecture firms will present their ideas for the Southbank by Beulah development at the ‘Future Cities’ symposium later this month.

Queensland (Qld)Brisbane

Featured Property

The Riverbank: Magnificent Bulimba heritage estate

This historic home, with stunning Brisbane city views, has been transformed for modern family living. For sale by Cathy Richards and Sarah Hackett of Place Bulimba.

Pages

News Roundup

http://www.abc.net.au/news/2015-11-02/dempster-architectural-solutions-to-community-alienation/6904668

Six affordable housing lessons the US can teach Australia

Housing expert Dr David Rosen presented ideas about how Australia can tackle housing affordability based on the United States' six decades of policy in the area. He gave a presentation at the Melbourne School of Design in collaboration with the University of Melbourne's Transforming Housing project.

Architecture AU

http://www.ibtimes.com.au/credit-suisse-chinese-interest-australian-property-waning-1480581

Credit Suisse: Chinese interest in Australian property waning

Credit Suisse analysts Damien Boey and Hasan Tevfik revealed in a report that auction clearance rates are falling in Melbourne and Sydney. Both regions have been popular for Chinese purchases, although that seems to be changing in recent days.

International Business Times

http://theconversation.com/is-one-of-the-largest-real-estate-deals-in-american-history-a-requiem-for-middle-class-new-york-49562

Is one of the largest real estate deals in American history a requiem for middle-class New York?

Stuyvesant Town/Peter Cooper Village on Manhattan’s East Side has been bought by Blackstone Group LP and Ivanhoe Cambridge, Inc in a deal worth US$5.3 billion.

The Conversation

http://www.theaustralian.com.au/business/property/developers-line-up-for-old-adelaide-hospital-site/story-fn9656lz-1227591408426

Developers line up for old Adelaide hospital site

A clutch of top local and international developers are waiting to be called on to provide detailed plans to transform the $500 million old Royal Adelaide Hospital site.

The Australian

http://www.abc.net.au/news/2015-11-02/central-australian-cattle-stations-hot-property/6906010

Central Australian cattle stations hot property as international investor buys two NT stations

The sale of three Central Australian cattle properties signals increased confidence in the Northern Territory cattle industry.

ABC Online

http://www.smh.com.au/business/property/commercial-property-on-track-for-25-billion-in-sales-in-2015-20151103-gkpcnx.html

Commercial property on track for $25 billion in sales in 2015

Investors will pour more than $25 billion into the Australian commercial property market by the end of the year, with the lion's share in office skyscrapers along the eastern seaboard, according to new data from the CBA.

Sydney Morning Herald

http://www.wsj.com/articles/canada-sells-athens-embassy-building-a-rare-deal-in-greek-real-estate-market-1446558573

Canada Sells Athens Embassy Building, a Rare Deal in Greek Real-Estate Market

The government of Canada has sold its former embassy building in Athens, a rare deal in a Greek commercial real-estate market rendered all but dormant this year by the political uncertainty that has gripped the country.

The Wall Street Journal

https://sourceable.net/australian-architects-look-to-capitalise-on-emerging-cities/

Australian Architects Look to Capitalise on Emerging Cities

As the world’s emerging cities continue to grow, the opportunities for Australian architecture practices to expand into international markets cannot be understated.

Sourceable