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Australia ranks 11th on Knight Frank's Global House Price Index

Knight Frank's quarterly survey of property prices in 55 nations puts Australia in 11th spot with 10.2 per cent annual growth.

New South Wales (NSW)Sydney

People

Get to know Clarence White, 2017 Australasian Auctioneering Championship finalist

His first auction was on a rainy day and the only bidder walked away before bidding had even begun, but today Clarence White is a two-time finalist in the Australasian Auctioneering Championships.

New South Wales (NSW)

The Economy

Short-term rentals can deliver three times normal rents: Di Jones

But over the last 12 months, Di Jones has noticed an increase in the number of people who have been 'burnt' using services such as Airbnb and Stayz.

Queensland (Qld)Brisbane

Featured Property

'Abian': Brisbane's finest apartment building

Abian has set the new standard in Brisbane luxury apartment living. Built by renowned developers, Sunland, Abian captures the River City's views of Botanical Gardens, Southbank, City Skyline and Kangaroo Point Cliffs. For sale by Hamish Bowman, Ray White New Farm.

Victoria (Vic.)

Design

A second bathroom can add six figures to the price of your home: REIV

Second bathrooms are adding six figures to sale prices in a number of Melbourne suburbs, according to new data from the REIV.

The Economy

One third of all home loans based on "lies": UBS

A UBS survey of 900 people who took out home loans this year, found that only 67 per cent said their application was "completely factual and accurate".

International

People

Picasso's French Riviera home for sale, with bidding to start at $30 million

Pablo Picasso's French Riviera estate, Mas de Notre Dame de Vie, will be auctioned by Hans Veenhuijsen of Residence 365 on 12 October. Viewing days will be held on 22 and 29 September.

New South Wales (NSW)

Featured Property

Historic 1890s converted stables in country NSW

A traditional New England blue-brick stables in Armidale, originally built for racehorses, has been magnificently converted into a modern residence retaining its 1890s charm.

National

The Economy

First-home buyers are back in the market

Government policies have caused a "dramatic increase" in the involvement of first-home buyers in the market, says Tim Reardon of the HIA.

National

The Economy

"Lower numbers continue to come through open homes" in Sydney: Leanne Pilkington

Though the auction clearance rate was higher this week, the mood around auction activity at the beginning of spring is lukewarm.

Pages

News Roundup

http://www.wsj.com/articles/when-eco-isnt-economic-1430327181

When ‘Eco’ Isn’t Economic

Environmentally friendly features may only generate modest gains when it is time to sell.

The Wall Street Journal

http://www.architectureanddesign.com.au/comment/australia-s-apartment-design-going-backwards-vic-a

Australia’s apartment design going backwards

"As our cities grow, it is vital that we design them to be as sustainable, healthy and liveable as possible. There is very strong evidence to suggest that we are going backwards on apartment design. Our current free market approach is delivering developers higher profits but leaving an enduring legacy of poor apartments which will have very negative impacts on our future."

Architecture & Design

http://www.stuff.co.nz/business/68185804/heated-auckland-market-drives-average-nationwide-property-asking-prices-higher

Auckland market drives prices higher

The heated Auckland market is the culprit for driving up the average national asking price for houses to a new record high, with prices flat or down in other parts of the country.

stuff.co.nz

http://www.afr.com/real-estate/residential/apartment-prices-fall-in-melbourne-brisbane-canberra-sydney-rises-domain-says-20150429-1mvzcj

Apartment prices fall in Melbourne, Brisbane, Canberra; Sydney rises

The apartment-building splurge is starting to dampen prices, with Melbourne, Brisbane and Canberra all recording declines in the first quarter, Domain Group figures show.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/sydney-tops-for-postcodes-of-prosperity/story-fn59nsif-1227325605833

Sydney tops for postcodes of prosperity

Sydney’s eastern suburbs continue to dominate the nation’s highest-earning postcodes, with Perth’s wealthiest suburbs showing a decline in reportable income, according to the Australian Taxation Office.

The Australian

http://www.dailytelegraph.com.au/newslocal/central-coast/demand-for-tumbi-real-estate-skyrockets-to-one-of-most-hotly-contested-markets-in-the-country/story-fngr8h0p-1227326671623

Tumbi Umbi on Central Coast a rising suburb

Tumbi Umbi has seen one of the biggest jumps in buyer demand in Australia, according to Realestate. com.au. The Central Coast hot spot is considered a “suburb on the rise” after recording the sixth most significant increase in demand for property across Australia and the fourth largest surge in NSW alone.

Central Coast Express Advocate

http://www.mortgagebusiness.com.au/breaking-news/8432-regional-bank-outclasses-majors?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter30_04_2015&utm_medium=email

Regional bank outclasses majors

Bendigo and Adelaide Bank has been named Australia’s most reputable third-party bank as part of an annual global study. The regional bank ranked seventh in the 2015 Corporate Reputation Index conducted by research consultancy AMR and the Reputation Institute – up six places from 2014.

Mortgage Business

http://www.afr.com/leadership/company-culture/report-finds-property-sector-needs-more-women-in-management-and-leadership-roles-20150429-1mw5dk

Report finds property sector needs more women in management and leadership roles

Male workers in Australia's property industry have underestimated their "unconscious bias" against women in their workplace and have fallen behind other sectors in gender diversity.

The Australian Financial Review