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Knight Frank to launch residential offering in Launceston

Knight Frank and Woolcock Partners Real Estate are merging, providing clients with a residential offering in Launceston.

National Queensland (Qld)Brisbane

Construction

House and land packages soar in popularity as buyers seek more space

Demand for house and land packages is peaking across the south-east as buyers look for larger blocks and bigger backyards, according to a recent report from Place Advisory.

National

Politics

Global survey shows Australia's property industry setting the pace in energy efficiency

A new global survey shows Australia’s property industry is setting the pace globally on sustainability and energy efficiency, but more still needs to be done.

Queensland (Qld)Gold Coast

Featured Property

A private sanctuary on the busy Gold Coast: Tomewin Mountain Retreat

This estate features stunning views of the Currumbin Valley escarpment, resort style amenities and is council approved as a BnB. For sale by Ed Cherry of Sophie Carter Exclusive Properties and Brent Savage of LS Properties.

Western Australia (WA)Perth

The Economy

Premium suburbs are leading the recovery of the Perth housing market

Premium located suburbs are leading the recovery of the Perth property market, says Shane Kempton, Chief Operations Officer for Professionals real estate group in Western Australia and the Northern Territory.

National

Politics

Infrastructure Australia calls for a renewed commitment to infrastructure reform

Infrastructure Australia has called on Australian governments to renew their commitment to infrastructure reform in a new report.

Western Australia (WA)Perth

People

Get to know former AFL star turned real estate agent, Corey Adamson

He's played for the West Coast Eagles and now Corey Adamson is continuing to kick goals, albeit in a very different profession as a real estate agent with Realmark.

Victoria (Vic.)

Featured Property

Hampton's charm on Victoria's Surf Coast

Boasting private beach access, this home is so close to the surf it feels like it is breaking in your front garden. For sale by Marty Maher and Mim Atkinson of Great Ocean Properties Aireys Inlet.

National

The Economy

New research shows property listings are soaring in regional towns, but are they really?

While recent data shows property listings are soaring in regional towns and cities, percentage figures don't paint an accurate picture of the market, warns CEO of REINT, Quentin Kilian.

National

The Economy

Advice for first home buyers after new research shows most are clueless about buying property: ME Bank

New research shows that most first home buyers are clueless when it comes to knowing the ins and outs of property buying.

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