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Featured Property

World class Byron Bay sanctuary features stunning ocean views

Set on a large private estate, this contemporary residence enjoys leisure facilities for every occasion. For sale by Nick Dunn and Ian Daniels of McGrath Byron Bay.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Auction volume doubles resulting in success for buyers and sellers alike

CoreLogic's Property Market Indicator has revealed auction volumes more than doubled week-on-week across Australia's capital cities, after last week's long weekend lull.

Western Australia (WA)Perth

The Economy

The most popular suburbs for rentals in Perth: REIWA

White Gum Valley, Scarborough and Shenton Park are among the 10 Perth suburbs where landlords are finding tenants for their rental properties the fastest, according to data released from the Real Estate Institute of Western Australia (REIWA).

National

People

Real Estate Industry on Pathway to Professionalism

The Real Estate Institute of Australia (REIA) is in the process of creating a National Professional Standards Scheme for the Real Estate Industry.

Victoria (Vic.)Melbourne

Featured Property

La Vignetta: Tuscan lifestyle in Melbourne’s Park Orchards

This custom designed Italian villa enjoys leafy views and its own boutique vineyard. For sale by Theo Politis and Spiro Drossos of Barry Plant Doncaster East.

Tasmania (Tas.)Hobart

People

Carlton Heres wins 2018 REIT Senior Auctioneer Competition

Carlton Heres has taken out the top award at the 2018 Real Estate Institute of Tasmania (REIT) Senior Auctioneer Competition held overnight.

New South Wales (NSW)Sydney

People

Get to know Charlie Yankos, former Socceroos skipper turned real estate partner

He may not be playing these days but when it comes to property in the tightly held market south of Sydney, international soccer champion Charlie Yankos never takes his eye off the ball.

New South Wales (NSW)Sydney

Featured Property

Josie: Hunters Hill sandstone cottage c1876 with old and new appeal

The light-filled modern extension to this classic Sydney home complements the charming original features. For sale by Tracey Dixon and Lee Dowdall of McGrath Hunters Hill.

Queensland (Qld)Brisbane

The Economy

Off-the-plan apartment price hike in Brisbane

The average price of off-the-plan apartments in Brisbane's CBD has seen a dramatic rise over the last 12 months, according to the latest report by Place Advisory.

South Australia (SA)Adelaide

The Economy

Adelaide is now Australia's most affordable capital city: REIA

Adelaide has overtaken Hobart as the most affordable capital city in the country, according to new figures from The Real Estate Institute of Australia (REIA).

Pages

News Roundup

http://wapropertynews.ventura-id.com.au/perth-property-in-sight-for-interstate-investors/-4702

Perth Property In Sight for Interstate Investors

Perth property is in the perfect position for new investors, as the Perth market stalls ahead of an eventual climb. As the price increase surrounding property looms in both Sydney and Melbourne, potential investors are suspected to start looking to Perth property as financial advisers reveal Western Australian as one of the top markets in Australia.

WA Property News

http://architectureau.com/articles/concepts-revealed-for-tiny-melbourne-triangle-site/

Big ideas for tiny Melbourne triangle site

The Royal Society of Victoria has unveiled the ideas and concepts for its tiny 173-square metre triangular site in Melbourne’s CBD. The society called for submission in June this year after its previous tenant, the Bureau of Meteorology, vacated the site following a 107-year tennancy.

Architecture AU

http://www.architectureanddesign.com.au/news/schools-homes-and-museums-among-60-winning-buildin

America's top 17 residences revealed at 2015 American Architecture Awards

Sixty buildings, including 17 new houses, have been announced as winners at the 2015 American Architecture Awards. Now in its 21st year, the American Architecture Awards are awarded to the best new buildings designed and constructed by American architects in the U.S. and abroad, and by international architects for buildings designed and built in the United States.

Architecture and Design

http://www.ibtimes.com.au/multiplex-constructions-former-co-owner-andrew-roberts-sells-ato-building-gains-au65-million-1474513

Multiplex Construction’s former co-owner Andrew Roberts sells ATO building, gains AU$65 million

Multiplex Construction former co-owner and chief executive Andrew Roberts has earned AU$65 million by selling the Australian Taxation Office building located in Albury, a regional NSW city.

International Business Times

http://www.afr.com/real-estate/residential/flipping-frenzy-grips-sydney-spurring-warnings-of-housing-risks-20151013-gk7mtz

Flipping frenzy grips Sydney

Lana Taylor quit a job at Unilever to buy, renovate and sell homes in Sydney, where prices have increased in 13 of the past 15 years. Taylor, a marketing manager at the consumer goods company until October 2013, and two friends started Three Birds Renovations in July 2014. Since then, they have bought and sold three homes in Sydney's northwestern suburbs and made a gross profit of about $600,000.

The Australian Financial Review

http://www.smh.com.au/business/the-economy/housing-bust-now-the-greatest-recession-risk-say-investment-banks-20151012-gk6pjz.html

Housing bust now the greatest recession risk, say investment banks

House prices are set for a 7.5 per cent decline from March next year, with the resulting slowdown hitting the broader economy and risking a recession, economists have warned. Several leading investment banks have tipped that Australia's housing market, which has been a driver of economic activity as mining has slowed, is close to peaking as household budgets are stretched and supply begins to outstrip demand.

Sydney Morning Herald

http://www.news.com.au/finance/economy/real-estate-industry-insiders-say-property-prices-look-set-to-fall/story-fnu2pwk8-1227567548561

Real estate industry insiders say property prices look set to fall

Some economists and analysts are saying Australia’s housing price boom has hit its peak — and some are even hinting at an impending recession. But other industry insiders say a price “correction” is just part of the normal cycle.

news.com.au

http://theconversation.com/much-more-can-be-done-to-keep-foreign-criminal-funds-out-of-australian-property-48986

Much more can be done to keep foreign criminal funds out of Australian property

Why is Australia’s anti-money laundering framework not providing sufficient comfort that these concerns are addressed? The answer lies in both the scope of Australia’s anti-money laundering and counter-terrorism financing laws, as well as the enforcement of these laws, especially in relation to proceeds of foreign offences.

The Conversation