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Southern Highlands real estate market up 28%: Di Jones

Di Jones has teamed up with CoreLogic to compile the Di Jones Real Estate Annual Market Report, revealing key trends in several Sydney and regional NSW markets.

New South Wales (NSW)

Featured Property

White Chic: Watego's Beach surfing residence, Byron Bay

The White House: front row Watego's, Byron Bay. Watch whales and dolphins go by from three north-facing levels with views from Julian Rocks to the hinterland. For sale through Jeremy Bennett of Byron Bay Property Sales.

Western Australia (WA)Perth

The Economy

Perth's most affordable suburbs within 10km of the CBD

New data from the REIWA reveals just how affordable Perth is compared to the other capital cities.

The Economy

Sydney's prices flat in August, while Melbourne's edging higher: CoreLogic

The lending crackdown on investors is hurting Sydney real estate prices, said Tim Lawless, head of research, CoreLogic.

National

Markets

New home sales continue to retreat from record highs

A 15.7 per cent slump in new apartment sales contributed to a 3.7 per cent drop in new home sales across the country, with Melbourne the only national capital to record an increase.

Western Australia (WA)

Featured Property

'Treetops' homestead on Western Australia's stunning south coast

The former Bond Corporation landholding was purchased by the current owners in the early 1980s, and is now for sale by Rob Mason of Mason Realty.

Victoria (Vic.)Melbourne

Design

South Melbourne Beach House, a new home that sits comfortably with its modernist history and coastal location

South Melbourne Beach House, owned and designed by owner-architects Amy Hallett and Darren Kaye of Topology Studio, won the Kevin Borland Small Projects prize at the recent Victorian Architecture Awards.

Victoria (Vic.)Melbourne

Markets

The education hot spots driving house price growth

REIV data shows that homes close to popular schools can sometimes be worth hundreds of thousands more.

New South Wales (NSW)

Agents

REINSW adds Before You Bid to its online offering

Before You Bid shares the costs of property reports, delivering significant savings to consumers.

New South Wales (NSW)

Featured Property

Knockrow magic $5.9m northern NSW hinterland

Northern NSW hinterland acreage with north-facing ocean views and only 10 minutes from charming Bangalow village and 15 minutes from Byron Bay. For sale with Gary Brazenor and Denzil Lloyd of Unique Estates Australia.

Pages

News Roundup

http://www.macrobusiness.com.au/2015/03/australia-one-worst-housing-bubbles-ever/

Does Australia have a nasty housing bubble?

By all accounts, Australia is experiencing what is one of the greatest credit-fuelled real estate bubbles in modern times. On the back of a collapsing mining sector, we can thank the RBA, APRA, ASIC and the political elite in Canberra for creating a flawed household wealth-creation strategy that shares all the hallmarks of a predictable economic disaster.

macrobusiness

http://www.reuters.com/article/2015/03/26/australia-rmbs-idUSL3N0WS08520150326

Australian lenders may seek relief from US rules for mortgage securitisation

Australia's non-bank residential lenders may soon be unable to raise funds in the United States by securitising their mortgage assets unless U.S. regulators give them special relief from tough regulatory requirements - potentially denying them access to the world's major capital market.

Reuters

http://mashable.com/2015/03/27/penis-shaped-house/

Unusually-shaped Sydney house garnering global attention

Influential Australian architect Stan Symonds sure has a way with design. One of his architectural works is on sale in Sydney and it is the whole package. The house has been getting giggles from interested buyers due to the phallic shape of the floor plan. The beautiful curvature of the penis-shaped home has remained the same since it was built in 1958.

Mashable

http://www.architectureanddesign.com.au/news/former-aia-president-shelley-penn-announces-federa

Former AIA President Shelley Penn announces Federal Senate candidacy

Shelley Penn, the Former national president of the Australian Institute of Architects, recently announced that she will contest for one of the six Senate Parliamentary seats available to Victorian candidates at the next Australian Federal election. Penn will run as one of three Victorian Australian Labor Party candidates alongside the incumbent Kim Carr and current Deputy Leader of the Opposition in the Senate, Stephen Conroy.

Architecture & Design

http://www.smh.com.au/business/the-economy/gerard-minack-says-australia-one-in-three-chance-of-a-recession-20150326-1m7z17.html

Australia 'one in three chance' of a recession

Australia has up to a one in three chance of sliding into recession in the next year, according to high-profile strategist Gerard Minack. The stark warning comes after BT Investment Management gave the economy a 50 per cent chance of recession in the next two years. Meanwhile, Goldman Sachs chief economist Tim Toohey also said he continued to predict a one in three chance in the next year.

The Sydney Morning Herald

http://oilprice.com/Energy/Oil-Prices/Norway-Investing-Oil-Wealth-In-Foreign-Real-Estate.html

Norway Investing Oil Wealth In Foreign Real Estate

Amidst the uncertainty, Norway’s nearly $900 billion sovereign wealth fund (the largest in the world) is keen on being a source of stability in an increasingly unstable world — which is why it’s planning on spending the country’s oil revenue on “a lot” of Asian skyscrapers and shopping malls.

oilprice.com

http://www.abc.net.au/news/2015-03-25/china-investors-seeking-greener-pastures-eye-aus-property/6341220

Chinese investors seeking greener pastures eye Australia's real estate market

Chinese investors are looking for better returns outside the country in part because they have limited options on the mainland. China's real estate sector — which accounts for between 16 to 25 per cent of the country's GDP — has produced some of the country's richest men, but is still cooling along with the rest of the economy.

ABC News

http://www.brisbanetimes.com.au/queensland/brisbane-real-estate-apartment-buyers-set-for-boon-20150325-1m7eyv.html

Brisbane Apartment buyers set for boon

Inner-city apartment hunters are in for a bonanza, with a huge supply of new developments set to flood the Brisbane market in 2015. But property consultancy Urbis moved to quell the jitters of developers at a business breakfast on Wednesday morning, reassuring agents and investors that demand for inner-city living in the river city has hit record levels.

Brisbane Times