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National New South Wales (NSW)Sydney Queensland (Qld)Brisbane Victoria (Vic.)Melbourne

The Economy

Auction market cooling, but still hot when the right property comes along

Clearance rates are down, but when the right property comes along, the demand is still there.

New South Wales (NSW)Sydney

The Economy

Flood of new rental properties drives inner-Sydney vacancy rate to two-year high

The flow of new rental properties into the inner-Sydney market saw vacancy rates hit a two-year high in June.

Queensland (Qld)Brisbane

Featured Property

Art Deco Brisbane home with contemporary extension and views to Mt Coot-tha

An outstanding family home on 1,027m², located in a prized location and with gorgeous views, is for sale through Daniel Argent of Urban Property Agents Paddington.

Victoria (Vic.)Melbourne

The Economy

The cold weather has done nothing to cool Melbourne property prices

New data from the REIV shines a light on Melbourne's property prices: Melton South is Melbourne's most affordable suburb, and Toorak is its most expensive, while Croydon house prices surged 20% during the June quarter.

National

Politics

Time to move ahead or be left behind: REINSW

Real estate leaders met in Sydney this week to discuss professionalisation of the industry.

Queensland (Qld)Brisbane Sunshine Coast

People

Get to know Noel Robinson, MD of architecture practice the NRA Collaborative

Noel Robinson, MD of architecture practice the NRA Collaborative, always wanted to be an architect, but also played music seriously until he was 25.

Queensland (Qld)

Featured Property

If this sophisticated tropical home on Mission Beach is not enough, it comes with a Porsche in the garage

This beachfront home in Far North Queensland is on the market for $1.8 million through Melissa Thurgood of Ray White Mission Beach.

International

The Economy

Seven global hotspots for real estate investment

Cities with significant technology hubs are increasingly at the top of 'hot property' lists.

Victoria (Vic.)Melbourne

Construction

Futuristic Chinese developer snaps up 363 hectares in outer Melbourne

Country Garden, the Chinese developer that plans to build 'Forest City' on four man-made islands between Singapore and Malaysia, has acquired a parcel of land in the outer suburbs of Melbourne, and intends to build 4,000 homes.

National

The Economy

New home building stalled in May

The construction of new homes has stalled, as developers wait for the record number of apartments due to come onto the market this year to clear.

Pages

News Roundup

http://www.theaustralian.com.au/business/historic-debt-level-sparks-fears-of-what-may-happen-in-new-gfc/story-e6frg8zx-1227263826846

Historic debt level sparks fears

Household debt is higher in Australia than anywhere else in the advanced world, exposing the economy to risks in the event of another financial crisis.

The Australian

http://www.businessinsider.com.au/a-developer-paid-nearly-double-the-reserve-for-an-ordinary-suburban-house-in-sydneys-insane-property-market-2015-3

Gladesville home sells for $1.1M above reserve

A developer paid nearly double the reserve for an ordinary suburban house in Sydney's insane property market. 1 Stansell Street, Gladesville sold for $2.85 million – a staggering $1.1 million above the reserve.

Business Insider Australia

http://www.architectureanddesign.com.au/news/elenberg-fraser-s-211m-skyscraper-approved-for-mel

211m skyscraper approved for Melbourne CBD

Elenberg Fraser’s 380 Lonsdale Street twin towers, located on the northern end of Lonsdale Street, have been approved by Victoria’s new Planning Minister Richard Wynne, making it his first skyscraper approval for Melbourne since Labor came into power last November.

Architecture & Design

http://www.dailymail.co.uk/news/article-2993336/Will-Gen-Y-home-Australia-s-agents-forecast-tough-times-ahead-two-young-couples-share-struggle-enter-property-market.html

Will Gen Y ever own their own home?

As thousands of young Australians look to buy their first home, it may be Generation Y that suffers the most as skyrocketing property prices preventing them from entering the market. A survey of real estate agents around the country revealed that 60% believe the Australian dream of owning your home is becoming less obtainable, and young Australians could be forced to rent long-term as residential property prices jumped an average of 6.8% in the last 12 months.

Daily Mail

http://www.businessinsider.com.au/mark-zuckerbergs-real-estate-lawsuit-2015-3

Facebook creator in legal battle over property

Facebook creator Mark Zuckerberg is in the midst of an increasingly revealing legal battle regarding a home purchase he made in 2013. Zuckerberg reportedly scooped up the four houses adjacent to his Palo Alto home when he heard that developer Mircea Voskerician planned to build a large, 9,600-square-foot house on one of the lots behind his property. Voskericia now claims that the billionaire never followed through on an agreement the two had made in secret.

Business Insider

http://www.architectureanddesign.com.au/news/nsw-election-2015-gbca-urges-all-political-parties

GBCA pushes sustainability agenda in NSW

The Green Building Council of Australia has urged all political parties in New South Wales to ‘seize the sustainability agenda’ ahead of the polls. The state is second only to Victoria in terms of Green Star ratings.

Architecture & Design

http://www.rebonline.com.au/breaking-news/8787-federal-court-to-rule-on-1-real-estate-strategy?utm_source=Real%20Estate%20Business&utm_campaign=Real_Estate_Business_Bulletin16_03_2015&utm_medium=email

Federal Court to rule on $1 real estate strategy

Federal Court proceedings have been instituted against a property company that has allegedly told consumers it can buy houses for $1. The Australian Competition and Consumer Commission alleges We Buy Houses and Rick Otton have contravened Australian Consumer Law.

REB

http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11417071

Auckland's real estate fail

Auckland recorded the strongest growth in house prices, nearly twice the national average, but is third from bottom of the class in per capita GDP growth over those seven years.

New Zealand Herald