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Featured Property

North-to-water riverfront estate with views over Surfers Paradise and Broadbeach

This architect designed home features stunning river views and generous, light filled living spaces. For sale by Michael Kollosche of Kollosche Prestige Agents.

Queensland (Qld)

The Economy

QLD budget a "slap in the face" for housing affordability

The decision to slash Queensland's First Home Owner's Grant Scheme in the state budget has been met with backlash by Queensland's two senior housing sector bodies.

Victoria (Vic.)Melbourne

The Economy

Melbourne dominates Australia's housing hotspots list

Melbourne has dominated this year’s Housing Industry Association (HIA) Hotspots Report, with 12 of Australia’s Top 20 building growth areas all located around Victoria’s capital.

National

People

Knight Frank Australia evolves leadership team by announcing new partnership structure

Knight Frank Australia have announced a new partnership structure that will be the foundation block for an "entrepreneurial focus".

Western Australia (WA)

Featured Property

Luxury East Kimberley resort-style retreat

This multi-award winning home features a separate wing with guest accommodation as well as a staff cottage, original caretaker’s house, large boat shed, and even a helicopter landing area. For sale by May Dunlop of Sotheby’s International Realty Darwin.

Queensland (Qld)Brisbane

Roposals

Brisbane council's plans to protect backyards could drive up property prices

The Brisbane City Council has unveiled a new plan to stop townhouses and apartments from being built in areas meant for single houses, but there are fears it could hike up property prices.

National

The Economy

Auction clearance rates fall as buyers keen to close the deal before long weekend

Auction volumes fell significantly across Australia thanks to the Queen's Birthday long weekend in most states and territories.

International

Design

Fund to convert Japan's historic architecture into luxury boutique hotels

WILLIAMS MEDIA sat down with Christopher Aiello, Fund Manager of the Odyssey Japan Boutique Hospitality Fund about their latest alternative real estate strategy.

New South Wales (NSW)

Featured Property

Picture perfect Kangaroo Valley farmstead: Willabrook

Positioned alongside the Upper Kangaroo River, this working cattle property includes lush gardens, shedding, a mature orchard, and 3 separate cottages. For sale by Gary Dale and Nick Dale of Belle Property Berry.

International

Featured Property

Award winning Marsden Estate New Zealand winery for sale

The Marsden Estate winery, producing and bottling some of Northland's most notable vintages is for sale, being marketed by Chester Rendell of Sotheby's International Realty.

Pages

News Roundup

http://www.dailytelegraph.com.au/newslocal/city-east/a-maroubra-house-has-sold-for-105-million/story-fngr8h22-1227566114719

A Maroubra house has sold for $10.5 million

A new suburb record has been set in Maroubra with the sale of a $10.5 million home, smashing the previous record and becoming the highest residential sale in the southeast to date. The property was bought by a Chinese buyer.

The Daily Telegraph

https://sourceable.net/property-professionals-short-supply/

Property Professionals in Short Supply

Professionals within the property sector in Australia are in short supply as strengthening real estate markets spur greater levels of demand for talent and a combination of low salaries and the intense nature of the work drives candidates toward other industries, a new report states.

Sourceable

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=http%3A//www.theaustralian.com.au/business/property/westfield-us-float-by-next-year-ubs/story-fn9656lz-1227566609792&memtype=anonymous

Westfield US float by next year: UBS

Shopping centre giant Westfield Corporation will probably list in the US by late next year according to analysts at investment bank UBS, but fund managers do not expect an immediate impact on their portfolios.

The Australian

http://www.phuketgazette.net/phuket-property/Phuket-real-estate-shrugs-off-Bangkok-slowdown/62127#ad-image-0

Phuket real estate shrugs off Bangkok slowdown

In terms of property, Phuket seems to be worlds away from Bangkok, where the market has experienced a slowdown, mostly because the island is more affected by events outside of Thailand than inside the Kingdom, Robert Collins, managing director of Savills (Thailand), said earlier this week.

Phuket Gazette

http://www.theaustralian.com.au/business/property/hot-property-going-but-heat-not-quite-gone-from-home-market/story-fniz9vg9-1227565323851

Hot property: Going, but heat not quite gone from home market

Strength in the Sydney and Melbourne housing markets held up at the weekend despite expectations of another downturn, with more than 1700 homes sold at auction. Sydney had an October record of 1141 auctions last week, with clearance rates of 72.8 per cent, according to CoreLogic RP Data. Melbourne had 1358 auctions, 74 per cent finding a buyer.

The Australian

http://www.businessspectator.com.au/article/2015/10/9/australian-news/why-banks-just-want-our-houses

Why the banks just want our houses

A funny thing happened to business lending on the way from the GFC. Australia’s banks turned into giant building societies, lending almost exclusively against residential property and rarely, if ever, making unsecured loans to businesses or people any more. If someone asks for a business or personal loan these days, the banker asks for the house.

Business Spectator

http://www.heraldsun.com.au/realestate/news/perths-property-market-is-the-second-most-overvalued-in-australia/story-fni0ckzd-1227564483654

Perth's property market is the second-most overvalued in Australia

Perth is the second-most overpriced property market in Australia despite falling house prices – and remains more overvalued than even booming Melbourne, according to a national property report. Perth property is overvalued by 27 per cent and is ranking just below Sydney to take the title for the most overpriced city in Australia, according to SQM Research’s Housing Boom and Bust report, which will be officially released on Tuesday.

Perth Now

http://www.vancouversun.com/business/tories+promise+private+land+ownership+reserve/11427488/story.html?__lsa=dd77-f136

Canadian conservatives consider Aussie approach to foreign ownership

If re-elected, the Conservative government of Prime Minister Stephen Harper would consider adopting Australia’s approach to deal with foreign investors driving up the price of real estate in cities like Vancouver.

Vancouver Sun