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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.

National

The Economy

Latest CPI figures "good news for renters"

The June 2018 quarter CPI figures released by the Australian Bureau of Statistics (ABS) yesterday holds good news for renters, says the Real Estate Institute of Australia (REIA).

National

The Economy

BMT's tax tips for the new financial year

BMT Tax Depreciation share their smart tax tips for the new financial year.

Western Australia (WA)

Design

Western Australia’s top landscape architecture celebrated

The Australian Institute of Landscape Architects (AILA) has announced the winners of the AILA Western Australia 2018 Landscape Architecture Awards.

New South Wales (NSW)Sydney

Featured Property

Wide-fronted North Newtown terrace balances Victorian elegance with modern design

Exquisitely extended behind an iconic façade, this home is a just stroll away from King Street eateries and Carriageworks markets. For sale by Michael Harris of Raine & Horne Newtown.

Pages

News Roundup

http://www.news.com.au/realestate/buying/average-aussies-negatively-gear-property/story-fni0catf-1227606550650

Average Aussies negatively gear property

Cleaners, hairdressers, nurses, teachers and emergency service workers are among the hordes of low to middle-income earners negatively-gearing property in Australia, surprising new figures show.

news.com.au

http://www.heraldsun.com.au/realestate/news/melbourne-vic/capitol-grand-apartment-expected-to-set-australian-record-price/news-story/d8709fdf1ecfd377db35acf61efad278

Capitol Grand apartment expected to set Australian record price

The record for Australia’s most expensive apartment is set to tumble before year’s end, the man inking contracts for the six-star Capitol Grand skyscraper says.

Herald Sun

http://www.dailytelegraph.com.au/realestate/buying/welcome-to-the-era-of-the-1-million-block/story-fni0cate-1227604656636

Welcome to the era of the $1 million block

No kitchen, no bathroom — no worries. These well-placed properties are asking more than $1 million, but where’s the house?

The Daily Telegraph

http://www.marketwatch.com/story/how-to-use-a-reverse-mortgage-to-protect-your-retirement-income-2015-11-11

How to use a reverse mortgage to protect your retirement income

A growing body of research is showing that homeowners of all stripes should consider using a reverse mortgage in conjunction with their portfolio-withdrawal strategy. Such loans, where you borrow from the equity in your home, can help you preserve your nest egg, leave a legacy, or both.

Market Watch

http://www.afr.com/real-estate/unhappy-first-birthday-on-the-bourse-for-simonds-as-housing-is-shunned-20151109-gku7np

Unhappy first birthday on bourse for Simonds

Homebuilder Simonds is about to mark its first year of trading as a publicly listed company with a share price that has shed value and a chief executive who is on the way out. The company chairman Gary Simonds founded in 1949 – and which makes one-third of its profit from vocational training – is further dogged by negative sentiment towards the private education sector.

The Australian Financial Review

http://www.sunshinecoastdaily.com.au/news/consecutive-award-win-shows-company-is-a-builder-w/2834674/

Second award win shows this building company's got Clout

A superbly designed and custom built home at Noosa Heads has featured in the Housing Industry Association's annual Sunshine Coast/Wide Bay Housing Awards. Paul Clout Design took out Sunshine Coast Home of the Year for the second year in a row at the awards, held at Novotel, Twin Waters on Friday.

The Sunshine Coast Daily

http://www.afr.com/real-estate/residential#ixzz3rArKiHqV

Mirvac and Lendlease top Melbourne sales charts

Listed developers Mirvac Group and Lendlease are riding Melbourne's outer suburban new housing boom with their residential communities topping the sales charts over the September quarter, according to the National Land Survey Program.

The Australian Financial Review

http://www.bloomberg.com/news/articles/2015-11-10/chinese-millionaires-snub-new-australian-stocks-for-visa-program

Chinese Millionaires Snub New Australian Stocks-for-Visa Program

Chinese millionaires, who happily invested in Australian bonds and real estate to get residency visas, are turning up their noses at small-cap stocks. Just 19 people have sought permits since Australia overhauled requirements for its investor visas in July by forcing applicants to put at least A$1.5 million ($1.1 million) of the A$5 million they need to spend in the country into smaller equities and another chunk into venture capital.

Bloomberg