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Rose Bay waterfront trophy home hits the market

With views spanning Vaucluse bushland to the Harbour Bridge, impeccable design, the finest fixtures and fittings, a gym, parking for eight cars, and immaculate gardens, this home holds huge appeal for the growing numbers of high-net-worth buyers - both local and from overseas - who are looking to invest in Australia.

International

Design

Ray White chosen to be agents for The Block NZ

Four elite agents will appear in the latest series of The Block NZ: Winnie Leung (Ray White Forrest Hill), Richard Kang (Ray White Pinehill), Glenn Carpenter (Ray White Beach Haven/Glenfield), and Lewis Guy (Ray White Takapuna).

Victoria (Vic.)Melbourne

Featured Property

French doors, parquetry floors, soaring ceilings: inner-city Melbourne meets Paris in this 2br apartment

A two-bedroom apartment in the classic George's building with parquetry floors, a gas fireplace, French doors, and a stone kitchen is for sale by expression of interest through Gina Donazzan and Sam Fenna of hockingstuart Melbourne.

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

The Economy

Cannon Hill Queenslander smashes suburb record on the weekend

The five-bedroom, 2003-built Queenslander sold through Meagan Muir of Place Bulimba for a Cannon Hill record of $1.32 million on the weekend.

New South Wales (NSW)Sydney

Politics

Sydney Council to sell underutilised property for affordable housing

The City of Sydney council is considering recommendations to sell some property for affordable housing, and to lease other property on Oxford Street with the aim of invigorating the area.

Western Australia (WA)Perth

Politics

Bring back FHB grant for established homes: REIWA

The REIWA is proposing the WA state government reintroduce a $3,000 first-home owners grant for purchases of established homes, says Hayden Groves, president of the REIWA.

Victoria (Vic.)Melbourne

Featured Property

Timeless renovated 1930s home near Toorak village for sale

An elegant 1930s Toorak home, renovated by architect Michael Munckton and with garden by Robert Boden, has dual-street access and a heated pool. The property is to be auctioned by Jock Langley and Hugh Hardy of Abercromby's Armadale.

New South Wales (NSW)Sydney

Design

Get to know Mark van den Enden, architect on the new Sydney CBD rail project

Mark van den Enden, rail and infrastructure architect with Architectus, talks to SCHWARTZWILLIAMS about the firm's role in the transformative Sydney Metro project, and about his passion for design that change people's lives, whether it be making their commute to work easier, or creating spaces that help children learn.

National

Politics

Have your say: draft superannuation laws to tackle housing affordability pressures

The superannuation measures announced in the 2017 Federal Budget aimed at alleviating housing affordability pressures have been put into draft legislation, and are now available for review and comment on the Treasury web site.

International

People

Meg Ryan sells industrial-chic loft in 1880s SoHo building for AU$12 million

After five months on the market, Meg Ryan has found a buyer for her industrial-chic loft in a classic Soho building.

Pages

News Roundup

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11422298

NZ agent committed 'commercial sabotage'

A resigning real estate agent who changed client contact details in a company database committed "commercial sabotage", the agents' disciplinary body says.

The New Zealand Herald

http://www.heraldsun.com.au/leader/south-east/teens-scouring-real-estate-websites-to-find-vacant-houses-for-wild-parties/story-fngnvmhm-1227276384253

Teens scouring real estate websites to find vacant houses for wild parties

Police in the south east of Melbourne say teenagers are breaking into vacant houses listed on real estate websites and Gumtree to throw rave parties.

Berwick Leader

http://mashable.com/2015/03/22/australian-app-apple-watch/

This Apple Watch app lets you monitor the Australian property market

Popular real estate website, Domain, is joining the stable of apps launching at the same time as Apple's smartwatch, with an app that lets you monitor the market from your wrist. The Apple Watch is released worldwide on April 24.

Mashable Australia

http://www.dailytelegraph.com.au/realestate/news/pandora-australia-founder-karin-adcock-has-hopes-of-selling-her-170-year-old-country-estate-for-around-12-million/story-fni0cly6-1227274868553

Pandora founder sells 170-year-old country estate for around $1.2 million

The founder of the Pandora jewellery brand has put her sprawling country estate known as Mutton Falls on the market with an auction price guide of $1.2 million. Adcock bought the circa 1ha property in 2010 with friends Jeanine and Sebastian Bardon, who own retail business Bardon Design, which developed stores for the Danish jewellery brand.

The Daily Telegraph

http://www.afr.com/real-estate/investa-land-launches-home-office-offer-20150323-1m5b2b

Investa Land launches home office offer

Investa Land is launching a housing project that aims to crack one of the toughest nuts in greenfield development around Australia: building jobs into new estates. The new Investa project, dubbed Duo, at the Evans Park Business Village in Melbourne's south-east, combines a residential home with a purpose-built workspace.The designs are flexible enough to allow different configurations of office, showroom and storage space set-ups for different kinds of home-based businesses.

The Australian Financial Review

http://www.themoscowtimes.com/business/article/how-christies-real-estate-helps-superrich-russian-teenagers-buy-london-homes/517887.html

How Christie's Real Estate Helps Rich Russian Teenagers Buy London Homes

"The next generation of wealth is coming through. A lot of these families from [Russia] are trying to secure and maintain their wealth. So often we're advising children on property purchases. People from teenagers upward. Late teens — not unusual at all for us to be purchasing apartments for them in Paris or London. The youngest person I've sold something to is about 16," says Giles Hannah, Christie's International Real Estate senior vice president.

The Moscow Times

http://www.dailytelegraph.com.au/news/nsw/agents-lured-into-under-quoting-tricks-real-estate-institute-of-nsw-president-says/story-fnpn118l-1227272725834

Agents ‘lured’ into under quoting tricks, Real Estate Institute of NSW president says

Greedy sellers who think they know better than estate agents are the chief cause of under quoting, the head of the agents’ lobby claims. Malcolm Gunning, the president of the Real Estate Institute of NSW, said agents were being “lured” into under quoting by homeowners with unrealistic expectations. “I think vendors think they know more than the agents at this stage,” Mr Gunning said, blaming “the greedy market” and advice from TV shows.

The Daily Telegraph

http://www.latimes.com/business/realestate/hot-property/la-fi-hotprop-20150322-story.html#page=1

Tom Cruise lists house for $12.995 million

Actor Tom Cruise has put a home in Hollywood Hills West on the market at $12.995 million. Set behind gates on a knoll, the two-story European-style estate encompasses more than 2.5 acres. The main house features walls of glass that take in cityscape views, an Italian farmhouse-inspired kitchen and three bedrooms with en suite bathrooms.

Los Angeles Times