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Sydney the tenth most expensive city in the world: The Economist

The Economist's annual cost-of-living survey puts Sydney in tenth place, ranking it as more expensive than London and New York.

New South Wales (NSW)Sydney

Featured Property

Timeless Hunters Hill sandstone home

This reinvented c1890 home with prestigious peninsular setting and breathtaking water views is for sale by Tracey Dixon and Nicholas Cowdrill of McGrath Hunters Hill.

National

The Economy

Real estate transaction numbers are trending lower as costs and prices rise

New data from CoreLogic reveals the suburbs with the highest and lowest transaction rates in Australia.

National

People

How to write the perfect job ad

The best real estate job ads are clear and concise, and they promote the benefits of working for your business as much as the qualities they are seeking in an applicant, says Sharon Bennie of Specialist Property Recruitment.

Tasmania (Tas.)

People

Get to know Tameka Smith of Key2 Property

Tameka Smith is a finalist in the residential property manager category at the upcoming REIA 2018 National Awards for Excellence.

Queensland (Qld)Brisbane

Featured Property

Davaar: Grand 1912 Queensland home in iconic inner-city estate

This historic residence is set on 1,215sqm (approx) of landscaped grounds just 4km from Brisbane CBD. For sale by James Curtain and Warren Walsh of Place Bulimba.

National

The Economy

First-home buyers at highest share of market in five years

Continued weakness in housing finance numbers is leading the banks to compete for market share by lowering interest rates for both investors and owner-occupiers, says Malcolm Gunning, president of the REIA.

National

The Economy

Property prices on the rise: REIA report

The median property price for Australia's eight capital cities was $769,501 at the end of 2017, up 1.0 per cent for the quarter.

Victoria (Vic.)Melbourne

Design

Innovative Teaching and Learning Building at Monash University completed for start of academic year

The new $225 million Learning and Teaching Building at Monash University, designed by John Wardle Architects and built by Multiplex, has been completed ahead of schedule, in time for the start of the university academic year.

New South Wales (NSW)Sydney

Featured Property

Industrial sophistication: Historic Annandale warehouse retreat

This former studio of Archibald winning artist Fred Cress won the 2015 Master Builders Association’s Award for Excellence. For sale by Damien West of McGrath Newtown.

Pages

News Roundup

http://www.dailytelegraph.com.au/newslocal/the-hills/two-young-men-start-an-organisation-to-keep-the-australian-dream-of-home-ownership-alive/story-fngr8i1f-1227486667001

Two young men start an organisation to keep the Australian dream of home ownership alive

Two men have started a new organisation aimed at helping young people buy their first home.

The Daily Telegraph

http://www.mortgagebusiness.com.au/breaking-news/8789-brics-nations-eye-australian-property

BRICS nations eye Australian property

An international real estate group has recorded a surge in visitors to its Australian website from the developing BRICS nations of Brazil, Russia, India, China and South Africa.

Mortgage Business

http://news.domain.com.au/domain/real-estate-news/melbournes-auction-market-steps-up-another-gear-20150815-gizv2p.html

Melbourne's auction market steps up another gear

Following two strong weekends, Melbourne notched another strong auction clearance rate on Saturday. The Domain Group reported a 80 per cent clearance rate from 611 auctions. There were 163 unreported results.

Domain News

http://www.afr.com/real-estate/residential/sydney-auction-rate-clears-80pc-for-first-time-in-weeks-spring-looks-strong-20150813-giybwn

Spring looks strong for Sydney auctions

Spring is likely to be strong in the Sydney auction market, with the clearance rate picking up over 80 per cent for the first time in five weeks.

The Australian Financial Review

https://www.businessnews.com.au/article/KPMG-dips-toe-in-real-estate-advice

KPMG dips into real estate advice

Accounting firm KPMG has followed rivals EY and PwC into the real estate arena, setting up a property advisory division.

Business News

http://www.propertyshowrooms.com/australia/property/news/tasmanian-real-estate-hit-investors_313461.html

Tasmanian Real Estate a Hit with Investors

Affordability, good rental returns, low vacancy rates and strong sales are just some of the things that are making investors smile in Tasmania this year. According to recent figures from the Real Estate Institute of Tasmania (REIT), the island achieved its highest number of sales in five years during the first quarter of 2015.

Property Showrooms

http://www.couriermail.com.au/realestate/news/china-devaluation-barely-registers-in-booming-real-estate-market/story-fnihpu6h-1227480648128

China devaluation barely registers

A move by China to devalue its currency by almost 2 per cent to prop up exports has barely registered with individual Chinese real estate buyers looking to invest here.

Courier Mail

http://www.yourinvestmentpropertymag.com.au/news/will-reduced-lending-to-real-estate-investors-put-pressure-on-prices-and-supply-204187.aspx

Will reduced lending to real estate investors put pressure on prices and supply?

The Property Council of Australia (PCA) believes the latest lending finance figures from the Australian Bureau of Statistics (ABS) could foreshadow price and supply issues in the near future after drop in investment loans for new constructions.

Your Investment Property Magazine