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Carlton Heres wins 2018 REIT Senior Auctioneer Competition

Carlton Heres has taken out the top award at the 2018 Real Estate Institute of Tasmania (REIT) Senior Auctioneer Competition held overnight.

New South Wales (NSW)Sydney

People

Get to know Charlie Yankos, former Socceroos skipper turned real estate partner

He may not be playing these days but when it comes to property in the tightly held market south of Sydney, international soccer champion Charlie Yankos never takes his eye off the ball.

New South Wales (NSW)Sydney

Featured Property

Josie: Hunters Hill sandstone cottage c1876 with old and new appeal

The light-filled modern extension to this classic Sydney home complements the charming original features. For sale by Tracey Dixon and Lee Dowdall of McGrath Hunters Hill.

Queensland (Qld)Brisbane

The Economy

Off-the-plan apartment price hike in Brisbane

The average price of off-the-plan apartments in Brisbane's CBD has seen a dramatic rise over the last 12 months, according to the latest report by Place Advisory.

South Australia (SA)Adelaide

The Economy

Adelaide is now Australia's most affordable capital city: REIA

Adelaide has overtaken Hobart as the most affordable capital city in the country, according to new figures from The Real Estate Institute of Australia (REIA).

International

Property Managers

Meet the powerhouse team behind The Double View Mansions in Pererenan, Bali

WILLIAMS MEDIA sat down with PT Indo Bhali Makmurjaya, the company behind an exciting new apartment development in Canggu.

Queensland (Qld)Gold Coast

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".

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