The Real Estate Conversation

South Australia (SA)Adelaide

Rental vacancy rates in Sydney reach their lowest point for the year

REINSW Residential Vacancy Rate report shows drop in rental vacancies has also been mirrored by areas outside the Sydney area

Featured Property

Stately Dulwich stone mansion with sophisticated interiors

Offering versatility across two levels of luxury, this family residence is prestigiously located in one of South Australia's most tightly-held precincts. For sale by Stephanie Williams and John Williams of Harcourts Williams.

New South Wales (NSW)Sydney

Higher auction volumes see preliminary clearance rates bounce back

A much higher number of houses going to auction saw a busy week for real estate agents

'Significant' shift in Sydney rental market as vacancies down across the board

The September REINSW Residential Vacancy Rate Report reveals Rental vacancies in Sydney have dropped to their lowest rate this year, down a substantial 0.7 per cent on August.

Loans to investors and owner-occupiers continue to rise

New data from the Australian Bureau of Statistics (ABS) has revealed that home loan demand continues to rise

New South Wales (NSW)Sydney

Early signs that interest rate cuts are working, says HIA

Household lending has increased over the last quarter

Featured Property

Versatile indulgence in Northern Beaches home

The exclusivity of Elanora Heights in Sydney's Northern Beaches sets the tone for this five-bedroom home for sale through Duane Hunter and Janis Campbell of Hunter Estate Agents.

Victoria (Vic.)Melbourne

Featured Property

1930's Arts and Crafts Residence in leafy Armadale

Offering generous family accommodation with ideal entertaining options, this elegant period home is for sale via Jeremy Fox and Michael Ebeling of RT Edgar Toorak.

http://www.theaustralian.com.au/business/economics/home-turnover-hit-by-property-shortage-end-of-the-mining-boom/news-story/450adfeb0d7540eb65a22ffbb043e43c

Construction

Surprise increase in new build homes but we aren’t out of the woods yet

Despite an increase in the number of new home constructions, numbers are still low, according to the Housing Industry Association

Pages

News Roundup

Home turnover hit by property shortage, end of the mining boom

A shortage of properties coming onto the market could be skewing house price data, CoreLogic says.

http://www.afr.com/real-estate/residential/qld/finallythe-edge-in-port-douglas-sells-for-5m-20160929-grrei5

The Edge in Port Douglas sells for $5m

A two-bedroom concrete bunker in Port Douglas has sold to Sydney buyers for around $5m.

The Australian Financial Review

http://shanghaiist.com/2016/09/29/auspicious_australia_investment.php

Sydney property purchased by Chinese investors for $88,888,888

China's Bridge Capital has purchased an inner-city building for the auspicious sum of $88,888,888, and will redevelop it into a high-end hotel and apartments.

Shanghai List

http://www.theaustralian.com.au/business/smsfs-our-shadow-banks-funding-property-market-credit-suisse/news-story/c7f031f7ff10ffe7a1b4804ad59f39f9

SMSFs, our shadow banks, funding property market

The $622 billion SMSF sector is becoming an increasing part of the “shadow banking” market financing residential property developers even as traditional lenders step back.

http://www.theaustralian.com.au/business/property/bridgehill-considers-apartment-revolution-affordability-xu/news-story/af0ca597f2131a0776a5d07ca4808a34

Bridgehill considers apartment revolution, affordability: Xu

Sydney-based developer Bridgehill is urging a rethink of affordability issue, suggesting prefabricated apartment towers may be the future.

http://www.theaustralian.com.au/business/property/sunland-withdraws-gold-coast-twin-towers-development-bid/news-story/387fb1aa475e8cdae1b6fb76799a78ac

Sunland withdraws Gold Coast twin towers development bid

Sunland has withdrawn its application for a landmark $600 million Zaha Hadid twin tower development on the Gold Coast, instead of waiting for a government decision.

http://www.afr.com/real-estate/metros-overstation-ambitions-attract-developers-20160927-grpdoe

Metro's over-station ambitions attract developers

Transport NSW is planning for development of the air space above new metro stations, including landmark locations at Martin Place and Pitt Street.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/chinesebacked-jqz-to-develop-darrell-lea-factory-in-sydney/news-story/b918ca77285957b7f456486141b50b67

Chinese-backed JQZ to develop Darrell Lea factory in Sydney

Chinese developer JQZ has bought Darrell Lea's former factory site in Sydney’s south for an estimated $80m, with plans to build 550 apartments.