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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.

International

Design

Fund to convert Japan's historic architecture into luxury boutique hotels

WILLIAMS MEDIA sat down with Christopher Aiello, Fund Manager of the Odyssey Japan Boutique Hospitality Fund about their latest alternative real estate strategy.

New South Wales (NSW)

Featured Property

Picture perfect Kangaroo Valley farmstead: Willabrook

Positioned alongside the Upper Kangaroo River, this working cattle property includes lush gardens, shedding, a mature orchard, and 3 separate cottages. For sale by Gary Dale and Nick Dale of Belle Property Berry.

International

Featured Property

Award winning Marsden Estate New Zealand winery for sale

The Marsden Estate winery, producing and bottling some of Northland's most notable vintages is for sale, being marketed by Chester Rendell of Sotheby's International Realty.

New South Wales (NSW)Sydney

Politics

"Draconian restrictions are ineffective" says strata manager of Airbnb crackdowns

Dubbed the "toughest laws in the world" by Better Regulation Minister Matt Kean, Airbnb's new regulations in NSW has been met with some backlash.

National

People

How to get into a career in real estate

If you're thinking about embarking on a career in real estate, here are the key things to know.

National

People

Inspiring stories of struggle and hardship at Catchup with the Property Girls

This years 'Catchup with the Property Girls' events will be focused on inspiring stories from women who overcame adversity and hardship to make a successful career in real estate.

New South Wales (NSW)Sydney

Featured Property

Resort style sanctuary with 55-foot cruiser berth

This custom designed Parramatta River oasis with first class marine facilities is for sale by Tracey Dixon and Lee Dowdall of McGrath Hunters Hill.

National

Politics

Purple Bricks 'misleading the public', says REIWA

The Real Estate Institute of Western Australia (REIWA) remains concerned that Purple Bricks is deliberately misleading the public, says Hayden Groves.

Western Australia (WA)

People

Award-winning Jarrod O’Neil joins Realmark Coastal as newest sales associate

Sean Hughes, Managing Director of Australia’s most successful Realmark branch introduces WILLIAMS MEDIA to newest sales associate, Jarrod O’Neil.

Pages

News Roundup

http://wapropertynews.ventura-id.com.au/perth-property-in-sight-for-interstate-investors/-4702

Perth Property In Sight for Interstate Investors

Perth property is in the perfect position for new investors, as the Perth market stalls ahead of an eventual climb. As the price increase surrounding property looms in both Sydney and Melbourne, potential investors are suspected to start looking to Perth property as financial advisers reveal Western Australian as one of the top markets in Australia.

WA Property News

http://architectureau.com/articles/concepts-revealed-for-tiny-melbourne-triangle-site/

Big ideas for tiny Melbourne triangle site

The Royal Society of Victoria has unveiled the ideas and concepts for its tiny 173-square metre triangular site in Melbourne’s CBD. The society called for submission in June this year after its previous tenant, the Bureau of Meteorology, vacated the site following a 107-year tennancy.

Architecture AU

http://www.architectureanddesign.com.au/news/schools-homes-and-museums-among-60-winning-buildin

America's top 17 residences revealed at 2015 American Architecture Awards

Sixty buildings, including 17 new houses, have been announced as winners at the 2015 American Architecture Awards. Now in its 21st year, the American Architecture Awards are awarded to the best new buildings designed and constructed by American architects in the U.S. and abroad, and by international architects for buildings designed and built in the United States.

Architecture and Design

http://www.ibtimes.com.au/multiplex-constructions-former-co-owner-andrew-roberts-sells-ato-building-gains-au65-million-1474513

Multiplex Construction’s former co-owner Andrew Roberts sells ATO building, gains AU$65 million

Multiplex Construction former co-owner and chief executive Andrew Roberts has earned AU$65 million by selling the Australian Taxation Office building located in Albury, a regional NSW city.

International Business Times

http://www.afr.com/real-estate/residential/flipping-frenzy-grips-sydney-spurring-warnings-of-housing-risks-20151013-gk7mtz

Flipping frenzy grips Sydney

Lana Taylor quit a job at Unilever to buy, renovate and sell homes in Sydney, where prices have increased in 13 of the past 15 years. Taylor, a marketing manager at the consumer goods company until October 2013, and two friends started Three Birds Renovations in July 2014. Since then, they have bought and sold three homes in Sydney's northwestern suburbs and made a gross profit of about $600,000.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/housing-bust-now-the-greatest-recession-risk-say-investment-banks-20151012-gk6pjz.html

Housing bust now the greatest recession risk, say investment banks

House prices are set for a 7.5 per cent decline from March next year, with the resulting slowdown hitting the broader economy and risking a recession, economists have warned. Several leading investment banks have tipped that Australia's housing market, which has been a driver of economic activity as mining has slowed, is close to peaking as household budgets are stretched and supply begins to outstrip demand.

Sydney Morning Herald

http://www.news.com.au/finance/economy/real-estate-industry-insiders-say-property-prices-look-set-to-fall/story-fnu2pwk8-1227567548561

Real estate industry insiders say property prices look set to fall

Some economists and analysts are saying Australia’s housing price boom has hit its peak — and some are even hinting at an impending recession. But other industry insiders say a price “correction” is just part of the normal cycle.

news.com.au

http://theconversation.com/much-more-can-be-done-to-keep-foreign-criminal-funds-out-of-australian-property-48986

Much more can be done to keep foreign criminal funds out of Australian property

Why is Australia’s anti-money laundering framework not providing sufficient comfort that these concerns are addressed? The answer lies in both the scope of Australia’s anti-money laundering and counter-terrorism financing laws, as well as the enforcement of these laws, especially in relation to proceeds of foreign offences.

The Conversation