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Aussies feeling mortgage stress

Consulting Economist for ME Bank, Jeff Oughton and Shane Garrett, senior economist at HIA discusses mortgage stress as ME Bank releases its 14th Household Financial Comfort Report today.

Queensland (Qld)Brisbane

Featured Property

Georgian-inspired estate a masterclass in symmetry

This impressive seven-bedroom residence features a six-seat home theatre, home office, gymnasium and a 20m lap pool. For sale by Sarah Hackett of Place Bulimba.

South Australia (SA)

The Economy

"Confidence is well and truly back" in South Australian market

The June 2018 quarter results released by the Real Estate Institute of South Australia (REISA) reveals confidence has returned to the market.

New South Wales (NSW)Sydney Queensland (Qld)

The Economy

Queensland Sotheby's International Realty to auction Tropical North QLD properties in Sydney

Queensland Sotheby's International Realty are set to auction several luxurious Tropical North Queensland properties in Sydney's exclusive Double Bay.

National

Design

8 of Australia's coolest warehouse conversions

It's a big call to make, but we're pretty sure we've found some of the best warehouse conversions in Australia.

Queensland (Qld)Sunshine Coast

Featured Property

Maleny House: landmark Sunshine Coast mountain retreat

This architect-designed family home merges contemporary Australian design with a Japanese-inspired aesthetic, incorporating views from the Coral Sea to Brisbane. For sale by Hannah Dodds of Queensland Sotheby’s International Realty - Brisbane.

Western Australia (WA)Perth

The Economy

"Now is the time to be strategic and secure that location you've always wanted" in Perth

Property prices in Perth have strengthened during the June 2018 quarter, according to fresh research from the Real Estate Institute of Western Australia (REIWA).

National

The Economy

Number of Australians becoming homeowners plummets: HILDA survey

Renters are quickly becoming a growing demographic in Australia, as fresh research reveals the proportion of Australian renters becoming homeowners has nosedived.

National

The Economy

Opportunity ripe for developers as demand for uni housing increases

Australia’s student housing sector is predicted to boom in the coming years, due to an increasing number of Australian and international university students, according to a report by Knight Frank.

Northern Territory (NT)Darwin

Featured Property

Rural Northern Territory luxury with central swimming pool

Situated on an estate of approx. 5 acres in Berry Springs, this architect-designed, single level residence is split into two wings to create the ultimate, private luxury escape. For sale via May Dunlop of Sotheby’s International Realty Darwin.

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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