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Featured Property

New York style Sydney penthouse

With Hyde Park at its door, this two storey penthouse features iconic Sydney views, covered entertaining terraces and a dramatic rooftop space with heated lap pool. For sale by Craig Donohue and Davey Hong of McGrath Edgecliff.

National

The Economy

Millennials, single parents, and pensioners the hardest hit by rental stress, says new report

Low-income earners are being squeezed out of Melbourne in a bid to find affordable housing, the latest Rental Affordability Index has found.

National

People

Does traditional recruitment have a place in the real estate industry?

The national talent and leadership manager at Ray White has slammed the role of traditional recruiters as “out of touch” and “outdated”, so we caught up with real estate recruiter Sharon Bennie of Specialist Property Recruitment to see what she thinks.

National Victoria (Vic.)

The Economy

Geelong has been named as the country's strongest regional market

Geelong is officially Australia's strongest regional property market, according to CoreLogic's Quarterly Regional Report.

South Australia (SA)

Featured Property

Warrakilla c1842: luxurious Adelaide Hills estate

Considerately updated for modern families, this historic homestead sits on approx. 18.6ha and comes complete with equestrian facilities, vineyard and commercial shed complex with separate access. For sale by Dee-Anne Hunt and Stephanie Williams of Harcourts Williams.

Victoria (Vic.)

People

Ripple Wu announced Co-Principal of McGrath Boxhill, as suburb set for strong capital growth

Ripple Wu has been announced as Director and Co-Principal of McGrath Boxhill.

Queensland (Qld)

The Economy

Strong interest as Mango Hill development site sells for $5.2 million

A 2.298 ha residential development site has been sold to Brisbane-based property developer Unison Projects for $5.2 million at Lot 3, Stodart Terrace, Mango Hill by Ray White Special Projects Queensland.

South Australia (SA)Adelaide

People

Get to know Stephanie Williams, Director of Harcourts Williams

Stephanie Williams is the Director of Harcourts Williams in Adelaide.

New South Wales (NSW)Sydney

Featured Property

Lavish South Coogee seaside residence with iconic views

Brand new, this four-level coastal home features neutral interiors and stunning terraces with north south ocean vistas. For sale by Shane Vincent and Clive Carter of Belle Property Randwick.

New South Wales (NSW)

The Economy

"The industry does not seek self-regulation" REINSW CEO sets record straight

Real Estate Institute of New South Wales (REINSW) CEO Tim McKibbin says the property services industry does not seek self-regulation as suggested by Minister for Better Regulation Matt Kean.

Pages

News Roundup

http://www.cricketcountry.com/news/virat-kohli-named-brand-ambassador-of-a-real-estate-company-384072

Virat Kohli named brand ambassador of a real estate company

India’s Test captain Virat Kohli has been named as the brand ambassador of luxury real estate brand Nitesh Estates.

Cricket Country

http://www.afr.com/real-estate/residential#ixzz3xkIZLpKJ

Record housing starts with detached homes at five year high

Home building rose to new heights in the September quarter, with a five-year high in commencements of new standalone homes pushing the total to a record. Total dwelling commencements rose to 55,532 in seasonally adjusted terms over the three-month period, up from 55,240 in the June quarter.

The Australian Financial Review

http://www.citylab.com/design/2016/01/is-this-the-suburban-house-20/424473/

Is This the Suburban House 2.0?

Australian architects make an intriguing discovery when they peel back the layers of a McMansion.

The Atlantic

http://www.theglobeandmail.com/news/british-columbia/its-time-for-canada-to-take-action-on-its-offshore-real-estate-problem/article28253182/

It's time for Canada to take action on its offshore real estate problem

I mention these two items mostly to draw attention to the complete lack of action that is taking place in Canada to address the same real estate madness occurring elsewhere.

The Globe and Mail

https://www.dnainfo.com/new-york/20160119/upper-west-side/dogs-get-final-say-growing-number-of-real-estate-decisions

Dogs Get the Final Say in Growing Number of Real Estate Decisions

In the past five years, NYC real estate has increasingly catered to dog owners, as rental listings advertised as pet-friendly jumped from an average of 1 percent of all listings in 2011 to about 8 percent of listings in 2015, according to data compiled by StreetEasy for DNAinfo.

DNAinfo

http://www.news.com.au/finance/real-estate/property-vacancy-rates-have-lifted-throughout-australia-with-figures-in-two-capital-cities-labelled-alarming/news-story/ee86afb0c00c9ae650ae967771aa1f64

Property vacancy rates have lifted throughout Australia

Residential vacancies increased across Australia during the last month of 2015, with new figures revealing there are now 81,401 rental properties without a tenant. The figures released by SQM Research put the current national vacancy rate at 2.7 per cent which was driven in part by an “alarming’’ increase in vacancies in Perth and Darwin.

news.com.au

http://www.domain.com.au/news/mining-downturn-unseats-speculators-in-pilbaras-real-estate-market-20160119-gllclc/

Mining downturn unseats speculators in Pilbara's real estate market

The latest property snapshot for the Pilbara region in Western Australia’s north-west shows how big its real estate downturn is, with the mining mecca of Port Hedland’s average advertised house sale price the lowest since December 2006.

Domain

http://www.theaustralian.com.au/business/property/woolworths-head-office-site-bought-by-koreans/news-story/305884a5bedd2e605e482ab5f7c574f1

Woolworths head office site bought by Koreans

A group of South Korean institutional investors advised by Inmark Asset Management has swooped on the Woolworths headquarters in Sydney’s northwestern suburbs in a landmark deal worth $336.45 million. The sale of 1 Woolworths Way at Bella Vista was struck on a crisp yield of 6.07 per cent, setting a benchmark for Sydney’s suburban markets. The deal will also see Mirvac deliver a new multistorey carpark through a development management agreement.

The Australian