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Melbourne housing market recovering but apartments lagging

Consecutive dwelling value gains boosted by improving access to housing finance are all positive signs for Melbourne real estate although the apartment market has a struggle ahead, says Sam Tamblyn Urban Property Australia.

Queensland (Qld)Brisbane

Featured Property

Hawthorne indoor/outdoor haven

Tailored for families, this architectural residence delivers sophisticated, open spaces and grandiose living areas. For sale by Paula Pearce and Mikaela Crone of Place Bulimba.

New South Wales (NSW)Sydney

People

The Hills are alive with Starrs

Starr Partners have opened a new office in North Kellyville in response to Sydney's growing Hills district.

National

People

The power of community in digital marketing

Pepper IT Managing Director Ryan Shelley discusses the importance of understanding who your audience is, what they are interested in, their needs and how to interact with them in a digital environment.

Victoria (Vic.)

Featured Property

Rustic Apollo Bay residence with multi-purpose barn

Offering rural tranquility, ocean views and income-generating potential, this coastal acreage is for sale by David Villarosa of Villarosa Real Estate.

National

The Economy

CPI continues to provide good news for buyers and renters

The REIA confirms that low interest rates should continue for some time.

Queensland (Qld)

The Economy

Queensland apartments appeal to the empty nester

Australian Apartment Advocacy's latest research has found when the kids leave home, the parents move out too.

Queensland (Qld)Sunshine Coast

Construction

Approved home park site comes onto the market in Maryborough

Ray White Special Projects has listed a 27ha parcel of land for $3.375 million that has great exposure and would suit a variety of uses.

New South Wales (NSW)Sydney

Featured Property

Striking Drummoyne home with blockbuster water views

A design statement offering sophisticated living in an enviable location, this home is for sale by Chris Wilkins and Jessica Carbone of Ray White Drummoyne.

New South Wales (NSW)Sydney

Featured Property

'Reka Dom': Grand Federation overlooking Woodford Bay

This charming Longueville residence enjoys a large level lawn with stunning water views and waterfront reserve access. For sale by Adam Ross and William Laing of Knight Frank Sydney.

Pages

News Roundup

http://www.abc.net.au/news/2016-10-23/australian-syndicate-makes-$386m-bid-for-kidman-cattle-empire/7958208

Australian syndicate outbids Gina Rinehart for cattle empire

An all-Australian syndicate has made a $386m bid for the Kidman cattle empire, trumping that of Gina Rinehart and her Chinese partner.

ABC

http://www.reinsw.com.au/imis15_prod/Web/Deactivated_content/Chinese_auction_buyers_among_the_best.aspx

Chinese auction buyers are among the best

Chinese buyers are leading the way in the property battle at auctions because of their tactics.

REINSW

http://www.theaustralian.com.au/business/property/singleincome-homes-out-of-reach-scott-morrison-warns/news-story/c0c74cfb4ea6d750f17c6ddc88a528e6

Single-income homes out of reach, Scott Morrison warns

The housing market is “getting away from people”, with the number of Australians older than 45 who are still paying off mortgages increasing significantly and undermining retirement incomes, Scott Morrison has warned.

The Australian

http://www.domain.com.au/news/melbourne-auctions-super-saturday-auction-listings-plunge-20161020-gs5zsi/

Melbourne auctions: Super Saturday auction listings plunge

One of Melbourne’s biggest auction weekends of the year may fall short of buyers’ expectations.

Domain

http://www.smh.com.au/nsw/lucy-turnbulls-threecity-sydney-vision-challenged-by-forecasts-of-jobs-growth-in-east-20161019-gs6fky.html

Lucy Turnbull's three-city Sydney vision challenged by forecasts of jobs growth in east

Lucy Turnbull's resolve to boost economic development in Sydney's west is challenged by data showing the east will remain the epicentre of jobs growth over the next two decades.

The Sydney Morning Herald

http://www.abc.net.au/news/2016-10-20/200k-jobs-at-risk-as-housing-boom-rolls-over:-morgan-stanley/7952478

200,000 jobs at risk as housing boom rolls over, Morgan Stanley

A slowdown in the housing industry and a glut in high rise apartments is putting 200,000 jobs at risk, according to Morgan Stanley.

ABC

http://www.afr.com/real-estate/residential/nsw/nsw-lists-street-of-millers-point-terraces-in-biggest-offering-yet-20161020-gs6jjv

NSW lists street of Millers Point terraces

Home buyers with cash to splash are been given the opportunity to buy a row of inner-city terraces for more than $23m.

The Australian Financial Review

http://www.afr.com/real-estate/residential/mike-baird-backs-down-on-compulsory-land-acquisition-20161018-gs4wwt

Mike Baird backs down on compulsory land acquisition

NSW premier Mike Baird has offered an extra $50,000 per household to NSW residents whose homes have been compulsorily acquired for infrastructure projects.

The Australian Financial Review