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Featured Property

LOVE & HATRED founder Giovanni D'Ercole’s luxury Byron estate, Coorabella, hits the market

Nestled in a magical rainforest and lush valley landscape, this unique hinterland retreat is only fifteen minutes from the delights of Byron Bay and the beautiful North Coast beaches. For sale by Ku Darroch of Real Estate of Distinction Byron Bay.

National

The Economy

Winter effect can't hold auction clearance rates back: preliminary figures show improvements across Australia

The winter blues did nothing to hold back auction clearance rates, as preliminary figures suggest improvements across the combined capital cities.

New South Wales (NSW)Sydney

People

Sydney real estate pioneer Di Jones dies aged 74

Real estate industry pioneer Di Jones passed away on Saturday surrounded by her family.

New South Wales (NSW)

People

2018 REINSW Novice Auctioneer final looms

The best novice auctioneers in the state will go head to head this week with the final of the 2018 REINSW Novice Auctioneers Competition, according to the Real Estate Institute of New South Wales.

Queensland (Qld)Sunshine Coast

Featured Property

Naturally Noosa: Exclusive Little Cove villa with stunning views

This private sanctuary is steps from Hastings Street boutiques, bars, and beaches with the peaceful Noosa National Park at the doorstep. For sale by Adam Watts and David Conolly of Century 21 Conolly Hay Group Noosa Heads.

Queensland (Qld)

Design

Winners announced at 2018 Queensland Landscape Architecture Awards

The Australian Institute of Landscape Architects (AILA) have announced the winners of the 2018 Queensland Landscape Architecture Awards.

Queensland (Qld)Brisbane

People

Queensland Sotheby's International Realty host auction event at the AMG Mercedes dealership

Queensland Sotheby's International Realty have hosted their first auction event overnight at the Mercedes AMG Showroom in Fortitude Valley, Brisbane.

New South Wales (NSW)

Politics

Apartment owners left confused by government's vague announcement on Airbnb reforms

The vague announcement from the NSW government on Airbnb regulations has left apartment owners and strata managers confused on regulating short term letting in their buildings.

Queensland (Qld)Sunshine Coast

Featured Property

Montana Park: the Sunshine Coast’s ultimate horse property

With approx. 42.23ha of international standard equestrian facilities, this property offers luxury to the highest standard for you and your valuable bloodstock. For sale by Lew Pottinger of Ray White Buderim.

National

The Economy

McGrath secures 'strategic' investment by Aqualand

Chinese-backed developer Aqualand is set to acquire a 15 per cent stake in the ASX-listed McGrath real estate group, a major coup for the new chief executive Geoff Lucas.

Pages

News Roundup

http://www.denverpost.com/marijuana/ci_28993836/marijuana-industry-drives-denver-metro-areas-real-estate-recovery

Marijuana having a big impact on Denver commercial real estate

The state's cannabis industry occupies at least 3.7 million square feet of industrial space in Denver, clustered in areas of older warehouse stock, including the Interstate 25-Interstate 70 junction, Montbello, central Denver and along the Santa Fe Drive corridor in southwest Denver, according to commercial real estate firm CBRE.

The Denver Post

http://www.smh.com.au/business/markets/house-price-growth-set-to-record-slowest-pace-in-four-years-20151018-gkc93c.html

House price growth set to record slowest pace in four years

House price growth is set to ease to its slowest pace since 2012, according to a report on Monday by property specialist SQM Research, with Sydney cooling quickly and rental markets across the country squeezed by deflationary pressures and the end of the mining boom.

Sydney Morning Herald

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/virgin-chief-john-borghetti-says-sydney-airport-needs-hotels/story-fn9656lz-1227574765702&memtype=anonymous

Virgin chief John Borghetti says Sydney airport needs hotels

Virgin Australia chief executive John Borghetti has called for more diversity in the accommodation offerings at Sydney airport as its publicly listed owner considers developing up to five extra hotels within the busy precinct.

The Australian

http://www.dailytelegraph.com.au/newslocal/south-west/australian-turf-club-confirms-plans-to-redevelop-parcel-of-land-at-canterbury-park-racecourse-but-racing-to-continue/story-fngr8hxh-1227574314598

Australian Turf Club confirms plans to redevelop parcel of land at Canterbury Park Racecourse

The Australian Turf Club is considering selling a large parcel of land across the road from Canterbury Park Racecourse. The racetrack has been flagged as a “significant opportunity” for redevelopment by the State Government in its new vision for revitalising southwest Sydney. Plans to sell some of the prized land puts a question mark over the whole track, which could be sold for up to $500 million.

The Daily Telegraph

http://www.bizjournals.com/dayton/blog/morning_call/2015/10/u-s-mortgage-rates-up-but-still-beneath-4-percent.html

U.S. mortgage rates up, but still beneath 4 percent

U.S. mortgage rates saw an uptick in past week, yet remain under 4 percent, according to Freddie Mac. The average 30-year fixed mortgage averaged 3.82 percent for the week ending Oct. 8, up from 3.76 percent the previous week.

Dayton Business Journal

http://www.theguardian.com/australia-news/2015/oct/18/real-estate-jitters-hit-auctions-as-sydney-and-melbourne-show-signs-of-cooling

Real estate jitters hit auctions as Sydney and Melbourne show signs of cooling

The Sydney and Melbourne property markets are showing signs of cooling off, with auction clearance rates dropping over the past week. Auction clearance rates in Sydney fell to 65.1% over the past week, the lowest in three years, with 530 out of 874 listed properties selling. Clearance rates in Melbourne were 73%, with 957 sales out of 1,233 listed properties.

The Guardian

http://www.theaustralian.com.au/business/property/schools-the-key-to-lure-chinese-buyers/story-fniz9vg9-1227573477627

'Schools the key' to lure Chinese buyers

As the flow of Chinese capital into Australian real estate starts to slow, property agents are starting to reap rich rewards by adding private schooling to the packages they offer. Li Ming, co-director of Aussiehome Real Estate based in Melbourne, said education was a priority with most Chinese property buyers in Australia.

The Australian

http://www.afr.com/real-estate/housing-starts-to-peak-in-early-2016-property-council-says-20151015-gka4yp

Home-building to peak in early 2016, Property Council says

The housing construction boom hasn't yet run out of steam and completions of new homes are likely to peak early next year, before following the approvals rate lower, the Property Council of Australia says. Completions, which jumped 19 per cent to 189,239 in the year to June as new housing starts also rose to a record, will keep rising in the short term, the lobby group predicts in its latest Residential Development Outlook.

The Australian Financial Review