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Queensland (Qld)Sunshine Coast

Featured Property

Modern waterfront Noosaville home for sale for $3.55m

A grand waterfront manor with a northerly aspect is for sale by Adrian Reed of Dowling & Neylan Real Estate Noosaville.

National New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Auction volumes up, clearance rates hold steady

Auction clearance rates are stabilising, which is good news for the market, says John Cunningham, president of the REINSW.

New South Wales (NSW)Sydney

Politics

NSW government to review practices for managing contaminated land

The Sydney Morning Herald has revealed that the locations of contaminated sites in NSW may have been kept hidden in order to protect property prices.

Victoria (Vic.)Melbourne

The Economy

Young Melbourne buyer turns 'property hound' to keep dream alive

Samantha McCarthy of hockingstuart Werribee says she can hear the stress in people's voices as they inspect properties they fear may have drifted out of their price range.

Victoria (Vic.)Melbourne

Featured Property

A beautiful home built around a serene pool and garden is for sale

A luxurious sanctuary in Toorak is for sale by Marcus Chiminello and Nicole French of Marshall White.

Western Australia (WA)

Politics

‘Long overdue’ WA strata title reform welcomed by industry leaders

Leading industry bodies, including the Real Estate Institute of Western Australia, have welcomed the Western Australian State Cabinet's decision to continue with strata title reforms.

National

The Economy

CoreLogic numbers dispel smashed avo theory

The 20% deposit and stamp duty required to buy a house in Sydney is $158,933, based on new CoreLogic data. That's equivalent to 20 years' worth of smashed avo.

International

People

Robert Downey Jnr buys historic windmill in the Hamptons

Robert Downey Jnr has bought a 19th-century 'windmill house' in the Hamptons.

Western Australia (WA)Perth

Featured Property

New York-style warehouse apartment in Perth CBD

This historic warehouse conversion, designed by Scanlan Architects, has city views and spans an entire floor on King Street in Perth's CBD. It is for sale by Richard Mathlin and Callum Davidson of Knight Frank.

The Economy

Six common mistakes developers make when securing finance

Dan Holden of HoldenCAPITAL outlines the common mistakes developers make when they are securing construction finance.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/harcourts-wants-to-beat-ray-white-as-top-operator-in-victoria/story-fniz9vg9-1227197523214

Harcourts plan to dominate Victoria

National real estate agency Harcourts plans to overtake Ray White as the largest operator in the residential market in Victoria with dramatic growth plans for the next 2 years.

The Australian

http://smh.domain.com.au/real-estate-news/pool-register-sale-and-lease-ban-on-units-with-pools-if-safety-standards-not-met-20150126-12tj66.html

New pool rules in NSW affect owners

New regulations on swimming pools, set to be introduced in NSW in April, mean owners of apartments in blocks with swimming pools and spas will not be able to sell or lease their properties if the pools don't meet safety standards.

The Sydney Morning Herald

http://www.mortgagebusiness.com.au/breaking-news/8097-february-set-to-be-a-bumper-month-for-real-estate

Market will pick up in February

The recent lack of activity in Australia’s property market will only be “temporary” and is more related to seasonal rather than financial influences, according to RE/MAX.

Mortgage Business

http://www.theaustralian.com.au/business/homeowners-are-the-best-off/story-e6frg8zx-1227193790369

Homeowners better off

The latest Household Financial Conditions Report from St George Bank and the Melbourne Institute, covering the December 2014 quarter, shows that homeowners are in the best financial position thanks to solid rises in residential real estate values.

The Australian

http://www.afr.com/p/business/property/new_apartment_sales_rocket_ahead_w1LBVY1Re8M8TPxAicPcYO

Apartment sales rocket against houses

Towards the end of 2014, apartment sales were at their highest in more than a decade. The new home sales report for November 2014, issued by the Housing Industry Association, shows an increase of 2.2% overall.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/record-sales-fire-metro-propertys-920-apartment-release/story-fn9656lz-1227193737577

Metro's latest Brisbane development selling fast

Metro Property will release the first stage of its new 920-apartment inner-city complex, Newstead Central, following record off-the-plan sales in Brisbane. About half the one and two-bedroom apartments have already been sold.

The Australian

http://www.smh.com.au/nsw/malabar-headland-abbott-government-rules-out-landsale-20150122-12vq9m.html

Malabar Headland not for sale

Federal Environment Minister Greg Hunt has ruled out selling off the Malabar Headland in Sydney, saying it will forever remain public.

The Sydney Morning Herald

http://www.worldpropertyjournal.com/real-estate-news/united-states/negative-equity-homes-2015-equity-rich-homes-2015-realtytrac-daren-blomquist-underwater-homes-in-2015-upside-down-equity-homes-us-home-equity-underwater-report-8805.php

13% of all mortgaged homes in US underwater

At the end of 2014, there were 7,052,570 U.S. residential properties where the combined loan amount secured by the property is at least 25 percent higher than the property's estimated market value, representing 13 percent of all properties with a mortgage, according to RealtyTrac's newly released U.S. Home Equity & Underwater Report for the fourth quarter of 2014.

World Property Journal