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Featured Property

Showpiece Bondi residence offered for the first time in decades

This large freestanding home on the South Bondi headland with never-to-be-built-out views is for sale by Ric Serrao of Raine & Horne Double Bay.

New South Wales (NSW)Sydney

The Economy

Sydney auction volumes up 17% on last year

The Sydney apartment market recorded a stronger clearance rate (70.7 per cent) than the house market (64.2 per cent), according to CoreLogic's preliminary data for last week.

Victoria (Vic.)

Politics

Victoria bans combustible cladding on high rises

"We’re putting a stop to dangerous combustible cladding being used on Victorian buildings. This has been allowed to go on for too long and we’re ending it," said Victoria's minister for planning, Richard Wynne.

New South Wales (NSW)Sydney

People

Raine & Horne Double Bay takes out top international prize

Raine & Horne Double Bay, led by renowned agents Ric Serrao and Martin Maskin, has been named Australia’s best real estate agency at the Asia Pacific Property Awards 2018-19, and now enters the International Property Awards.

Queensland (Qld)Brisbane

Featured Property

1890s Queenslander returned to former glory with contemporary style and award-winning landscaping

Agent Tyson Clarke told WILLIAMS MEDIA, “This is a true-to-style icon of the area”. For sale by Tyson Clarke and John Smith of Queensland Sotheby’s International Realty.

National

Politics

New RBA report shows zoning regulations worsen affordability pressures

A new report from The Reserve Bank of Australia shows that zoning regulations push the average price of a Sydney home up by nearly half a million dollars.

National

The Economy

The future of retail: REIV Ignite conference breakout session

The food and beverage industry is being transformed by destination dining and the rise in apartment living. Find out more at this year's REIV Ignite conference on 21 March at Crown Conference Centre.

New South Wales (NSW)

People

REINSW warns agents of roadshow imitations

New real estate industry standards being implemented from 1 July have been developed by REINSW and NSW Fair Trading, and will be explained at the 2018 Roadshow.

Victoria (Vic.)Melbourne

Featured Property

Classic Preston terrace meets modern makeover

Light and airy, this recently updated Melbourne residence is conveniently located close to shops, cafes and transport. For sale by Sam Bottari and Gino De Iesi of McGrath Northcote.

People

Why real estate is a good industry for women

When employers create flexible workplaces and women believe in their own abilities, there's no stopping what women can achieve in real estate.

Pages

News Roundup

https://uk.news.yahoo.com/savills-sees-uk-residential-market-improving-pre-election-070915425--finance.html#ZsulbM0

Savills sees UK residential market improving after pre-election drop

Demand is returning to the British housing market, particularly in London, after a drop in the run-up to May's national elections, estate agency Savills said on Thursday as it posted a significant boost in profits. Savills, which reported a 28 percent rise in group first-half underlying profit before tax to 38.4 million pounds, said earnings had been boosted by the strong performance of the British commercial market and a series of acquisitions in the United States.

Reuters

http://www.propertyshowrooms.com/france/property/news/controversial-rent-caps-come-into-force-paris_313457.html

Controversial Rent Caps come into Force in Paris

August 1st saw all new or renewed rental leases in the French capital being capped as President François Hollande made good on one of his key 2012 campaign promises for sweeping housing reform. The rent control regulations will limit rents in Paris to 20% above and 30% below a neighbourhood's average and is based on apartment size, year of construction and location with an additional surcharge for luxury homes.

propertyshowrooms.com

http://www.perthnow.com.au/realestate/news/kings-cross-now-a-golden-mile-for-property-giants/story-fnhlgrkx-1227471311169

From dodgy strip to property boom town

The Golden Mile in Kings Cross — once the run down haunt of junkies, prostitutes and late night revellers — is being pounced upon by the city and world’s top property developers in a multi-million dollar carve up.

Wentworth Courier

http://www.theaustralian.com.au/business/property/cba-warned-on-potential-brisbane-perth-property-collapse/story-fn9656lz-1227471048804

CBA warned on potential Brisbane, Perth property 'collapse'

The Perth and Brisbane property markets are increasingly vulnerable to a collapse similar to the Gold Coast during the global financial crisis, a scenario that would leave Commonwealth Bank the most vulnerable to losses, according to a leading analyst.

The Australian

http://www.perthnow.com.au/news/private-islands-online-lists-kangaroo-island-on-queenslands-fraser-coast-lfor-sale-but-with-wrong-map/story-e6frg12c-1227470199354

Private Islands Online has Kangaroo Island for sale

A popular South Australian tourism destination has been mistaken as being for sale on a real estate website which flogs private islands. The international website Private Islands Online has Kangaroo Island on Queensland’s Fraser Coast listed for sale. But prospective buyers of the $US1.2 million ($1.62 million) private island would be confused as to where its true geographical location lies.

Perth Now

http://www.nytimes.com/2015/08/05/business/dealbook/an-exchange-in-australia-woos-listings-from-china.html?_r=0

An Exchange in Australia Woos Listings From China

Just two companies are listed on the Asia Pacific Stock Exchange in Sydney, and it has to rely on its biggest Australian rival to clear and settle trades.

The New York Times

http://www.theguardian.com/business/2015/aug/05/australias-housing-construction-boom-may-be-running-out-of-puff-says-analyst

Australia's housing construction boom may be running out of puff, says analyst

Cracks are appearing in Australia’s housing construction boom and there are fears it will peak in the next 12 months.

The Guardian

http://www.asianpacificpost.com/article/7082-why-china%E2%80%99s-super-rich-buy-sydney.html

Why China's super-rich buy in Sydney

What’s happening in Australia is part of a broader global trend, with many other countries experiencing a spike in demand for real estate from Chinese buyers, experts say.

The Asia Pacific Post