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Australian Capital Territory (ACT)Victoria (Vic.)

Could Canberra hold the secret to successful decentralisation?

It often gets a bad rap, but Canberra could hold the secrets to planning for Australia’s growing population and successfully decentralising our major cities, researchers say.

Victoria (Vic.)

The Economy

The future for Victoria is one of growth

The latest projections from the Victoria in Future 2019 report show Victoria’ population growing by an average of 125,000 people per year.

National

The Economy

Auction volumes and clearance rates steady in capital cities

Agents were busy across the country last week as steady volumes of properties up for auction gave similar results, says CoreLogic.

Queensland (Qld)Brisbane

Construction

Luxury reaches new heights in Brisbane

Brisbane Skytower's 'The Horizon Collection' has been released to the market by KnightFrank's Jason March and Murray Wood.

National

The Economy

Latest McGrath report on the Australian property market

Some of the latest trends and issues covering real estate in Australia are covered by The McGrath Report 2020.

New South Wales (NSW)

Featured Property

‘Ripley’: Southern Highlands escape

This iconic property in the village of Burradoo includes a large main residence and stylish barn with self-contained cottage. For sale by Deborah Cullen and Richard Sholl of Knight Frank Sydney.

National

The Economy

Should you go entry-level or upskill in real estate?

As of this week, there are 1203 jobs advertised on a popular job board for real estate, which is projected to grow by 7.3 per cent in the next five years.

National

A new way of doing business for Property Managers

A unique business model for property managers to help with work-life balance could be what the doctor ordered.

New South Wales (NSW)Sydney

Featured Property

Sydney’s “most desirable home”

World-class boating facilities and uninterrupted harbour views are just the start of the magnificence of this absolute waterfront home. For sale by Ken Jacobs and Darren Curtis of Ken Jacobs Christies International Double Bay.

Design

'John has always had a deep connection with residential architecture': Getting to know the John Wardle Architects residential team

The residential team of John Wardle Architects provides an insight into how its work has evolved in the time the firm has been operating.

Pages

News Roundup

https://au.finance.yahoo.com/news/housing-overvalued-most-other-assets-043011238.html

Housing overvalued like most other assets

Housing is overvalued, or at least very expensive, depending on which measure you use. The problem is, so is just about everything else.

Yahoo7

http://www.smh.com.au/business/return-on-equity-for-canadian-banks-is-higher-than-australias-big-four-20161006-grwfzb.html

Return on equity for Canadian banks is higher than Australia's big four

Australia's bank bosses fronting the parliamentary inquiry have sought to play down the returns they earn by drawing a parallel with banks in Canada, another commodity economy similar in structure.

Sydney Morning Herald

http://www.abc.net.au/news/2016-10-06/victorian-crackdown-on-house-price-underquoting/7911082?section=business

Victorian crackdown on house price underquoting means national industry is on notice

A penalty against a Melbourne real estate agency for its price underquoting of houses could be a step towards a more transparent market for buyers.

ABC Online

http://www.dailymail.co.uk/news/article-3825357/The-best-Australian-homes-Chinese-millionaires-afford-buy-Welcome-Golden-Week-sales-targeting-wealthy-Asian-investors.html

The best Australian homes only Chinese millionaires can afford to buy

It's Golden Week in China, a weeklong holiday where 600 million people flee overcrowded cities on vacation, including six million headed overseas. Some of the wealthiest flock to Australia by the planeload to check out some of the country's most sought-after properties to buy as investments or holiday homes.

Daily Mail

http://www.mortgagebusiness.com.au/breaking-news/10350-big-four-made-67-9m-in-august-by-delaying-cash-cuts?utm_source=MortgageBusiness&utm_campaign=06_10_16&utm_medium=email&utm_content=1&mc_cid=ec2a284e31&mc_eid=dcacb0b85f

Big four made $67.9m by delaying August cash cuts

ANZ, Commonwealth Bank of Australia, NAB and Westpac made $67.9 million in profit on home loans in August 2016 by delaying their cuts in interest rates, a professor of economics has revealed.

Mortgage Business

http://blog.realestateview.com.au/2016/10/sydney-really-risk-property-bubble-bursting/

Is Sydney really at risk of a property bubble bursting?

According to Michael Yardney, CEO of Metropole Property Strategists, the simple answer is NO and property values are not about to collapse! Sure house prices are high compared to many parts of the world, but rising prices per se don’t cause a bubble.

realestateVIEW.com

http://architectureau.com/articles/smar-studio-among-winners-of-science-island-design-competition-in-lithuania/

Australian studio wins first place in Science Island, Lithuania design competition

Australia- and Spain-based architecture firm SMAR Architecture Studio has won an international competition to design the new 33-hectare, €25-million ($36.8-million) National Science and Innovation Centre of Lithuania in Kaunas, known as Science Island. The winners were selected anonymously and announced by Lithuania’s prime minister.

ArchitectureAU

http://www.abc.net.au/news/2016-10-05/analysts-warn-apartment-prices-can-tumble-as-building-boom/7905758

Apartment prices fell 20pc back in 2004, could history repeat?

If history is much of a guide, then the apartment building boom still has at least another 18 months to run, while the last time there was a significant oversupply in the apartment market prices tumbled up to 20 per cent.

ABC News