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Elvis Presley's former Palm Springs home for sale

A historic modernist Palm Springs estate known as 'The Elvis Presley Honeymoon Hideaway' is on the market for $7.7 million.

New South Wales (NSW)

Featured Property

'Mandalay': a magnificent 77-hectare Southern Highlands estate

One of the Southern Highlands' most coveted properties, this significant 77-hectare estate is just kilometres from charming Exeter village. For sale by Christie's International Real Estate Double Bay.

National New South Wales (NSW)Sydney Northern Territory (NT)Victoria (Vic.)Melbourne

The Economy

Sydney's true clearance rate could be 40%: John Cunningham, REINSW

An unusually high percentage of Sydney auction results weren't reported last week, says REINSW president John Cunningham, causing him to ponder the worst-case scenario: if those properties didn't sell, Sydney's clearance rate could be 40 per cent.

Queensland (Qld)Sunshine Coast

The Economy

32-hectare Noosa beachfront estate achieves record price of more than $10m

Australia's "ultimate beachfront estate", Laguna, has sold for a record Noosa price through Adrian Reed of Dowling & Neylan.

Victoria (Vic.)Melbourne

People

Get to know Bruce Chan, founder of Growland

Bruce Chan told SCHWARTZWILLIAMS he has always been fascinated by property. His advice to new starters is to learn as much as they can about the many different facets of the industry.

Victoria (Vic.)

Featured Property

Mud-brick home close to the charming town of Research is one of Alistair Knox's finest designs

Mandy Berenyi of Fletchers Eltham told SCHWARTZWILLIAMS, "This Alistair Knox mud brick home has been lovingly transformed into a stylish luxury home, while retaining the character and warmth of the original."

International

People

Mountain Lodge overlooking Lake Wakatipu is New Zealand's most expensive property for sale, with $30m price tag

Designed by New Zealand's oldest firm of architects, Twin Peak View is completely at one with its environment. For sale through Terry Spice of Luxury Real Estate New Zealand.

National

People

Get to know Michael Lavery, director of m3architecture

Michael Lavery, director of m3architecture, would like to see Australians focus on the design of their public buildings as much as they focus on the design of their homes.

Western Australia (WA)Perth

People

Top Perth agent, Vivien Yap, moves to Ray White

“Where else do I go when I am at the top of my game?" says Yap, adding that Ray White's family values appeal to her.

Western Australia (WA)Perth

Featured Property

Award winning residence on North Cottesloe beach

Steps from the pristine sand and gentle waves of Western Australia's most iconic beach, and within walking distance of dining hotspots such as The Shorehouse, The Blue Duck and local gem, Daisies Cafe. For sale by Deborah Brady, Acton Cottesloe.

Pages

News Roundup

http://www.afr.com/real-estate/residential/the-risky-property-tax-grab-grows-faster-than-gst-income-tax-20150520-gh5cwb

The 'risky' property tax grab grows faster than GST, income tax

If you thought you were slugged for stamp duty or land tax last year, you are not alone. Taxes based on property - on sales or values - topped $40 billion for the first time in 2013-14, according to the latest analysis of taxation revenue, released last week, by the Australian Bureau of Statistics.

The Australian Financial Review

http://www.dailytelegraph.com.au/newslocal/city-east/sydney-real-estate-narrowest-home-on-the-market-expected-to-fetch-upwards-of-700000/story-fngr8h22-1227360122039

Narrowest home on the market expected to fetch upwards of $700000

At only 2.85m wide, the narrowest house on the market in Sydney is expected to sell for upwards of $700,000. With an internal area of 48sq m and a land area of 38sq m, the two-storey Victorian terrace at 29 Terry St, Surry Hills, is roughly the same size as a one-bedroom unit.

The Daily Telegraph

http://thenewdaily.com.au/money/2015/05/19/dark-days-wa-property-market/

Dark days for Western Australian property market

Western Australia is facing serious problems. Plunging commodity prices are forcing iron ore mines to shut, mining companies to cut jobs, and tax revenue for the state coffers to plummet. But one of the big casualties in this painful process that hasn’t received a lot of attention is the WA property market.

The New Daily

http://www.businessinsider.com/r-us-bank-bank-of-america-win-dismissal-of-mortgage-claims-2015-5#ixzz3aadGI3Rj

US Bank, Bank of America win dismissal of mortgage claims

U.S. Bancorp and Bank of America Corp won a dismissal of claims in lawsuits accusing them of breaching their duties as trustees for residential mortgage-backed securities that suffered losses tied to the global financial crisis.

Reuters

http://www.architectureanddesign.com.au/comment/in-profile-the-face-behind-mirvac-design-national

The face behind Mirvac Design, national director Peter Cotton

Cotton joined Mirvac Design in 1989 and became the National Practice Director in 2004. As the Design Director for the Newington Olympic Village, he led the architectural team through the successful bid phase to the start of the Sydney 2000 Olympics.

Architecture & Design

http://www.propertynews.com/blog/mortgages-money/money-matters-what-s-to-gain-with-long-term-mortgage/

What's to gain with long-term mortgage?

The advantage of fixed-rate mortgages is knowing how much your monthly repayments will be for some time into the future. In theory, that means you will be able to rest reassured that your mortgage will be affordable for the length of your fixed deal. In practice, it could mean you end up paying more than you need to if the rate at which you fix remains higher than standard rates for any length of time.

propertynews.com

http://www.smartcompany.com.au/finance/investment/46948-do-we-tell-foreign-buyers-to-buy-or-bye-robert-simeon.html#

Can the government stop foreign buyers?

It’s interesting to note that last week a Senate committee made 40 something recommendations pertaining to housing affordability which included calls to review negative gearing and the appointment of a federal minister for housing, to name just two.

Smart Company

http://www.theaustralian.com.au/business/property/gpt-leading-the-way-in-parental-leave-and-childcare-policy/story-fn9656lz-1227358033235

GPT leading the way in parental leave and childcare policy

The conservative world of Australian commercial real estate has begun to redouble its efforts to foster workplace diversity. Two days after the federal government announced a significantly revamped childcare scheme, GPT Group, one of the country’s largest diversified property landlords, unveiled its parental leave and childcare support policy, which it says is one of the most generous yet.

The Australian