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REINT's Quentin Kilian calls on government to address $1.2b property sales plunge in Northern Territory

Real estate sales in the Northern Territory have plummeted $1.2 billion in the three years since the height of the LNG boom, according to Real Estate Institute of Northern Territory (REINT) Chief Executive Officer, Quentin Kilian.

Queensland (Qld)

People

Ray White Commercial Queensland promotes young gun

After just four years at Ray White Commercial Queensland director Matthew Fritzsche has been promoted to partner at the leading 30 year old business.

National

Construction

New home sales tick upwards for first time this year

New home sales have increased for the first time this year, according to the Housing Industry Association (HIA) New Home Sales report.

Queensland (Qld)Sunshine Coast

Featured Property

‘Balmoral’: classic Australian homestead with European influences

Offering the ultimate in refined semi-rural living, this substantial, master-built home and acreage includes a macadamia orchard and cottage style gardens. For sale by Ann Ellison and Stuart Ellison of Zeb Realty.

National

The Economy

Sluggish weekend as two high profile properties fail to sell at auction

The infamous 'Taj on Swan' block, and Australia's 'ultimate horse property', have both been passed in at auction over the weekend, as the final week of July returned a preliminary clearance rate of 58.4 per cent across the combined capital cities.

Victoria (Vic.)

The Economy

Key infrastructure projects predicted to boost Geelong's capital growth

Rail duplication between South Geelong and Waurn Ponds, and the Melbourne Airport rail link are set to boost capital growth in Geelong, according to forecasters.

Queensland (Qld)Gold Coast

Featured Property

Exclusive Sanctuary Cove ‘Masters Enclave’ home

Nestled on the 14th hole of Australia’s only Arnold Palmer signature golf course, this presitigious residence is located within one of the Gold Coast’s most exclusive gated residential communities. For sale by Jordan Williams of JW. Prestige Agents.

Victoria (Vic.)Melbourne

The Economy

First-home buyers concession a 'boon' in regional Melbourne

New data from the Real Estate Institute of Victoria (REIV) shows regional Melbourne is outstripping the inner city suburbs, partly thanks to the first-home buyers concession.

Queensland (Qld)Brisbane

The Economy

South East Queensland - good news with a cautionary note

The South East Queensland market appears to be settling after a period of overbuilding in Brisbane, says Dan Holden, Principal at HoldenCAPITAL Partners.

Queensland (Qld)

Featured Property

Trinity Beach Palace: idyllic beachfront estate 15 minutes' north of Cairns

Lavishly exotic, this home combines African and South Sea island themes with a layout which includes a safari-themed den and library, as well as a dedicated gymnasium, sauna and golf practice range. For sale by Barbara Wolveridge of Queensland Sotheby’s International Realty - Port Douglas.

Pages

News Roundup

http://www.worldpropertyjournal.com/real-estate-news/ireland/dublin/ireland-rental-report-rising-rent-in-ireland-daftie-ronan-lyons-dublin-homes-for-rent-apartments-for-rent-in-dublin-ireland-real-estate-news-9503.php

Ireland Residential Rents Rise Ahead of Price Controls

According to the latest quarterly rental report by Daft.ie, residential rents rose nationwide by an average of 3.2% in the third quarter of 2015, the largest three-month increase since early 2007. The increase in rents comes ahead of Government measures to limit increases in rents. The national average rent between July and September was €964, compared to €882 a year previously.

World Property Journal

http://www.smh.com.au/entertainment/let-there-be-light-how-architects-are-transforming-traditional-terrace-houses-20151110-gkujyf.html

Let there be light: how architects are transforming traditional terrace houses

Fire helped forge the terrace type, but a lack of internal light has always been the prime problem. Narrow allotments and heritage-listed facades present architects with further issues. Yet despite their history – and their fall from favour with the 20th-century embrace of the suburbs – terraces contain lessons for the design of contemporary neighbourhoods.

Sydney Morning Herald

http://www.afr.com/brand/chanticleer/has-john-mcgrath-picked-the-top-of-the-market-20151113-gkymfi#ixzz3rdKg7xN5

Has John McGrath picked the top of the market?

Amid all the talk of start-ups, technological breakthroughs and digital disruption, there is one immutable fact about Australia – the bulk of the country's wealth is tied up in real estate. Superannuation assets are worth about $2 trillion, the S&P/ASX All Ordinaries Index is capitalised at $1.6 trillion and total residential real estate in Australia is worth about $5.6 trillion.

The Australian Financial Review

http://www.brisbanetimes.com.au/business/property/pubs-are-in-hot-demand-20151112-gkxqhc.html#ixzz3rdLTc4Dj

Pubs are in hot demand

Another round of pub sales will tip the number well over the $250 million mark in a year that has seen traditional operators return to the sector.

Brisbane Times

http://www.couriermail.com.au/realestate/news/twenty-years-ago-brendon-ansell-had-60-in-his-pocket-now-he-has-100-million-worth-of-developments-underway/story-fnihpu6h-1227606328787

QLD property developer has $100 million worth of developments underway

Twenty years ago, South African Brendon Ansell arrived at Redcliffe as a 19-year-old with just $60 in his pocket. Today the 39-year-old is overseeing $100 million worth of projects under development throughout southeast Queensland as the boss of Velocity Property.

Courier Mail

http://www.architectureanddesign.com.au/News/Best-projects-from-small-architecture-firms-reveal

Little firms, big ideas: ArchiTeam Awards feature 58 projects from small architecture practices

Australia’s largest representative body specifically for small architecture studios has revealed a list of entrants for its annual awards program. Now in its eighth year, the ArchiTeam Awards gather projects each year from members of the ArchiTeam association, which now claims to represent some 500 members from around Australia.

Architecture & Design

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a_GGL&mode=premium&dest=http%3A//www.theaustralian.com.au/business/property/australia-to-feel-effect-of-chinese-baby-boom-harry-triguboff/story-fn9656lz-1227605174127&memtype=anonymous

Australia to feel effect of Chinese baby boom: Harry Triguboff

The impact on Australia of China’s move last week to overturn its decades-long one-child policy has been vastly underestimated, according to two of Australia’s leading business people.

The Australian

http://www.afr.com/real-estate/want-a-fixed-rate-home-loan-youd-better-read-the-small-print-20151110-gkv2lu

Want a fixed rate home loan? You'd better read the small print

Like most financial decisions involving large amounts of money over the long term, there's more to consider than simply a lower rate. That's because many lenders link your loan to other products (such as insurance and credit cards) or cut access to useful services such as offset accounts, which allow credit balance to be offset daily against outstanding loan balances and thus reduce the interest payable on the loan.

The Australian Financial Review