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Chinese-born Australians prioritise home ownership: St.George research

"Chinese-born Australians consistently place a high importance around family, particularly with owning bricks and mortar," says St.George’s general manager for retail banking, Ross Miller.

Queensland (Qld)Brisbane

Featured Property

Opulent living on 10,000sqm in Brisbane's Bridgeman Downs

A sophisticated and opulent residence on 10,000sqm of lush, manicured grounds in Bridgeman Downs is for sale through Sarah Hackett of Place Bulimba.

National New South Wales (NSW)Sydney Darwin Hobart Melbourne Western Australia (WA)Perth

The Economy

Peppermint Grove, Perth, Australia's least affordable suburb: Bankwest First Time Buyer Report

The average Australian will have to save for 4.6 years to save enough for a 20 per cent deposit on a median-priced home, according to Bankwest's First Time Buyer Report.

New South Wales (NSW)Sydney

Design

Foster + Partners to design what could be Sydney's tallest office tower

Lendlease has lodged the development application for its 55-storey office tower at Sydney’s Circular Quay.

International

Design

London's best home extensions revealed

London's annual 'Don't move, improve!' design competition has revealed its 2018 shortlist of 30 projects, revealing the latest trends, design and problem solving in home renovations.

Victoria (Vic.)Melbourne

Featured Property

Prahran's period beauty with impressive modern proportions

The tree lined environs of Prahran's most prestigious address provide a perfect introduction to this double-fronted Victorian. For Sale by Jellis Craig Armadale.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Sydney property market will resume "full steam ahead" next year: Ray Fayad, Laing+Simmons Granville

With more stock on the market, buyers are focusing on the best properties in the best locations, says Ray Fayad, agent with Laing + Simmons Granville.

International

People

Contemporary Solar Chalets ski holiday villa for sale in Hakuba, Asia’s premier alpine playground

Here’s a chance to buy or holiday in the Solar Chalets ski holiday accommodation in Japan, perfect for families and conveniently only 100 meters to the ski lifts of the Olympic Happo One Mountain.

International

The Economy

Elizabeth Bennet's Pride and Prejudice home for sale

Elizabeth Bennet's home in the much-loved BBC series of Pride and Prejudice, starring Colin Firth and Jennifer Ehle, is on the market for almost $14 million.

New South Wales (NSW)

Featured Property

Byron Bay shack with absolute beach frontage

'Akita': a beautiful Balinese inspired beachfront residence with its own private beach access to the pristine sands of Tallow Beach. For sale by First National Byron Bay.

Pages

News Roundup

http://www.theaustralian.com.au/opinion/columnists/whats-worse-than-chinese-buying-our-assets-losing-interest/story-e6frg7e6-1227413436332

What's worse than Chinese buying our assets? Losing interest

Managing the immense Chinese appetite for Australian assets is a challenge, but the alternative would be rather worse. And a crucial element in that management attempt is to take the trouble to try to get in the minds of our new economic partners.

The Australian

http://www.theage.com.au/national/corrupt-malaysia-money-distorts-melbourne-market-20150623-ghu6a0.html

Corrupt Malaysia money distorts Melbourne market

In 2013, the private sale of an unassuming five storey apartment block near Monash University in Caulfield stunned local observers. Even in Melbourne's booming property market, the $22.5 million price tag for a building designed like an IKEA cupboard seemed well above the odds. That's because it was.

The Age

http://www.watoday.com.au/wa-news/guildford-hotel-could-be-left-to-rot-after-owner-luke-martino-threatens-to-walk-20150625-ghx6oy.html

Guildford Hotel could be left to rot after owner Luke Martino threatens to walk

The Guildford Hotel could be left to rot after the owner of the pub said he "would walk away" from redevelopment after the City of Swan council knocked back his plans to build high-rise apartments behind it.

WA Today

http://www.architectureanddesign.com.au/features/the-changing-palette-of-prefab-in-australia

The changing palette of prefab in Australia

Perceptions in Australia about prefabricated buildings are changing and are slowly transcending the negative connotations associated with traditional prefab design—think demountable school classrooms and pine log cabins.

Architecture & Design

http://www.theaustralian.com.au/business/property/australiansuper-fund-looks-to-buy-us-apartments/story-fn9656lz-1227410066963

AustralianSuper fund looks to buy US apartments

Australia’s largest industry superannuation fund, $90 billion giant AustralianSuper, expects to buy into the US apartment market soon and has flagged a shift into Canada as it steps up its push into international property markets. AustralianSuper has poured about $2.4bn into buying property around the world in the past six months as it chases medium-risk assets it believes have long-term growth potential on a scale that local markets cannot satisfy.

The Australian

http://www.nytimes.com/2015/06/23/world/europe/sicilian-town-tells-outsiders-take-our-homes-please.html?smid=fb-nytimes&smtyp=cur&_r=0

Sicilian Town Tells Outsiders: Take Our Homes. Please.

Looking for a home? One Sicilian town is making an offer that is hard to refuse: It is giving away houses. There is a catch, naturally. The properties in Gangi, a picturesque central town that straddles the Madonie Mountains, are generally dilapidated, some abandoned generations ago.

The New York Times

http://www.watoday.com.au/business/golden-age-group--property-developments-expand-under-jeff-xu-20150623-ghunad

Golden Age Group property developments expand under Jeff Xu

Jeff Xu's diverse business interests range from importing-exporting, to hotels and popular city eateries, but developing property is his passion.

WA Today

http://www.dailytelegraph.com.au/realestate/news/sydney-property-boom-has-reached-its-peak-market-indicator-shows/story-fni0cly6-1227409790153

Sydney property boom has reached its peak, market indicator shows

Valuers Herron Todd White have warned that Sydney’s property boom is into its dying stages, with a national property clock showing prices have peaked and may soon fall. The property clock is a simple measure to show where a market is in its price cycle: six o’clock signals the start of price growth, 12 o’clock the end and a time after 12 is a market where prices are falling.

The Daily Telegraph