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Sydney, Melbourne and Brisbane in top 20 for global prime residential price growth

Malcolm Gunning, President of the REIA discusses Knight Frank's Prime Global Cities Index, with three Australian cities making the top 20 for global prime residential price growth.

New South Wales (NSW)

Featured Property

Utz Sanby-designed country retreat with grand sweeping views

Only 20 minutes from Coffs Harbour, this property includes two dwellings set on approx. 100 acres, with picturesque views over Orara Valley. For sale by Peter Stone and Michael Ball of Real Estate Of Distinction.

National

The Economy

Houses outperform unit market, while unit market consistently better performer

This week 1,400 homes went to auction across the combined capital cities, returning a preliminary auction clearance rate of 59.1 per cent, while last week there were 1,324 auctions and the final clearance rate came in at 54 per cent, according to data from CoreLogic.

National

Design

What’s trending: Landscaping

Kristina Smith from landscape design company Everscapes, and James Hayter, director of integrated design practice Oxigen, discuss what they believe are the top trends in residential landscaping in Australia.

Victoria (Vic.)Melbourne

People

Get to know Jeremy Fox, Director of RT Edgar

Jeremy Fox, Director of RT Edgar speaks to WILLIAMS MEDIA about his long history in real estate, and why he has loved every minute of it.

Victoria (Vic.)Melbourne Fitzroy

Featured Property

Edinburgh Gardens sanctuary with spectacular city views

Designed by Travis Walton Architecture, this deluxe renovation in Fitzroy North features 3 generous bedrooms, multiple living areas and top-line appointments. For sale by Simon Shrimpton and Danielle Reynolds of Jellis Craig Fitzroy.

Queensland (Qld)

The Economy

Whitsundays property market coming alive

Carol Carter of Queensland Sotheby's International Realty and Mark Beale of Ray White Whitsundays discuss the Whitsundays market and three outstanding sales in the last year.

Victoria (Vic.)Melbourne

Design

Stacked neighbourhoods, twisting towers and an illuminated cloud: shortlisted designs for $2 billion Southbank site

The six shortlisted designs by architects around the world as part of the Southbank by Beulah competition in Melbourne, have been announced.

Queensland (Qld)Brisbane

People

Get to know Dion Tolley of Place Bulimba

Dion Tolley of Place Bulimba speaks to WILLIAMS MEDIA about advice for young people starting in the industry: "Don't get disappointed when you see your colleagues driving the latest Mercedes, going on extravagant holidays, or buying a Rolex watch."

Queensland (Qld)Brisbane

Featured Property

Peaceful Clayfield home with understated elegance

Catering to the modern family, this Brisbane residence offers seamless open plan living, inground pool and a self contained guest house. For sale by Debora Sutton and Troy Hillier of Belle Property Wilston.

Pages

News Roundup

http://www.afr.com/business/banking-and-finance/financial-services/nab-sees-pick-in-home-lending-despite-cooling-markets-20151118-gl226p

NAB sees pick up in home lending

NAB says owner-occupier home loans have rebounded in the last seven weeks, despite cooling markets.

Australian Financial Review

http://www.theaustralian.com.au/national-affairs/treasury/xenophobic-red-tape-to-cool-home-propertys-jets/story-fn59nsif-1227610103853

'Xenophobic' red tape to cool home property's jets

From December 1, new rules will require foreign buyers to pay a $100,000 fee to be eligible to bid for a $1m property.

The Australian

https://sourceable.net/container-skyscrapers-could-help-our-most-vulnerable-communities/#

Container skyscrapers could help our most vulnerable

A skyscraper competition has rekindled conversations about the opportunity for shipping containers to provide housing solutions.

Sourcable

http://www.afr.com/personal-finance/superannuation-and-smsfs/one-in-three-offthe-plan-buyers-in-trouble-20151117-gl190p

One in three off-the-plan buyers in trouble

Tough new lending rules are creating fears about a 'flood' of properties coming onto the market.

The Australian Financial Review

http://www.theaustralian.com.au/national-affairs/education/wealthy-got-half-of-university-nras-units-says-audit/story-fn59nlz9-1227614448283

Wealthy got half of university NRAS units

Half of units built by universities under the Rudd government's flagship social housing scheme were let to foreign students, damning audit reveals.

The Australian

https://www.google.com/url?rct=j&sa=t&url=http%3A//www.theaustralian.com.au/business/property/aussie-property-buyers-see-hope-in-new-zealand-house-market/story-fn9656lz-1227609989504&ct=ga&cd=CAEYACoUMTgyMDkzODk0MDk5Mjg5OTQ1ODgyHWM3OTgxMzczYTU0OTI2ZWE6Y29tLmF1OmVuOkFV&usg=AFQjCNHHtJiEiLrlg6_pZSQzD8tvqm7WjA

Aussie property buyers see hope in New Zealand house market

Australians are piling into New Zealand’s housing market as the ripple effect from Sydney’s housing boom spreads across the Tasman. The number of inquiries from Australians wanting to buy property in New Zealand rose at least 30 per cent this year, according to Brian White, chairman of real estate agency Ray White, which has 120 offices there.

The Australian

http://www.huffingtonpost.com.au/2015/11/15/sydney-harbour-value_n_8572210.html?utm_hp_ref=au-travel

How Sydney Harbour Adds To The City's Tourism, Real Estate, Transport And Spirituality

Sydney Institute of Marine Science has attempted to evaluate the environmental, economic and social impact of the harbour and chief executive Peter Steinberg said it was not a straightforward equation. "It's a complicated thing to do," Steinberg said. "It's not easy to put a dollar value on those things -- what's the value of the cruise ship industry? Well you can do that, but what's the value of healthy and abundant sea grasses?

Huffington Post Australia

http://www.realtytoday.com/articles/52274/20151116/skyrocketing-auckland-property-prices-increase-real-estate-agents-pay-cut.htm

Skyrocketing Auckland Property Prices Also Increase Real Estate Agents’ Pay Cut

The rise in market prices of real estate in Auckland is showering many agents with big commissions.

Realty Today