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

Sydney buyers "empowered" as cycle turns: Glenn Curran, McGrath

Sydney's auction numbers outperformed Melbourne's last week, a trend the market hasn't observed for some time, says CoreLogic.

Victoria (Vic.)Melbourne

Owners

Melbourne's Stonington mansion sells for record $52.5 million

Toorak's Stonington mansion has set a new record for the most expensive home in Melbourne.

Queensland (Qld)Brisbane

Politics

Convict-era bridge uncovered in upgrade of major Brisbane road

Workers on Brisbane's Kingsford Smith Drive have made the "surprise discovery" of a convict-era bridge, and work is now underway to determine how best to preserve the important historic relic.

South Australia (SA)Adelaide

Featured Property

'Grandview House' blends 1920s character with contemporary style

This picturesque family residence in prestige, leafy Toorak Gardens is for sale through Sally Cameron of Toop & Toop Hyde Park Goodwood.

National

The Economy

"Vast majority" of Australians say home ownership best path to financial security: Westpac

Home ownership is still fundamentally important to Australians, especially those with an Asian heritage, according to The Westpac Ipsos Housing Affordability Research Report.

Queensland (Qld)Gold Coast

People

Lisa Halpin to head up new North Gold Coast office for Queensland Sotheby's

Queensland Sotheby's is continuing its expansion in Queensland with the opening of a new North Gold Coast office.

New South Wales (NSW)Sydney

People

Three-bedroom, park-side terrace secures $3m+ Alexandria record

Well designed, larger inner-city homes are highly sought after, and attracting record prices.

New South Wales (NSW)Sydney

Featured Property

Breathtaking Cremorne waterfront sanctuary that combines rustic and refined

This Cremorne home is an eclectic mix of rustic styling with a refined architectural sensibility. For sale via Michael Coombs and Adrian Bridges of McGrath Mosman.

National

The Economy

Zetland rated worst suburb in top 100 oversupply zones: Riskwise

Property risk analysis company, Riskwise, has identified five factors that increase the risk of an off-the-plan investment.

New South Wales (NSW)

Politics

New real estate agent laws pass first hurdle in NSW

New laws that could increase the education standards required to become a real estate agent have jumped their first hurdle, being passed by the NSW Legislative Assembly.

Pages

News Roundup

http://www.theland.com.au/news/agriculture/general/news/rural-property-bonanza-builds/2738965.aspx

Rural property bonanza builds

The stars are aligning for rural real estate right across NSW. Prices for premium properties are skyrocketing and experts tip that confidence will flow into all sectors of the market. A constellation of factors have fallen into place to make the winter market - which would normally cool like the weather - red hot.

The Land

http://www.reuters.com/article/2015/07/28/morgan-stanley-ma-china-investment-corp-idUSL3N1082B920150728

China Investment Corp spends on Australian office blocks in search for stability

Sovereign fund China Investment Corp plans to buy Australia's biggest office block portfolio from Morgan Stanley for just shy of $2.5 billion, highlighting Beijing's appetite for stable assets offshore as the mainland economy sputters. It is the biggest direct real estate transaction in Australia to date.

Reuters

http://www.afr.com/real-estate/residential/macquarie-bank-corelogic-push-into-growing-strata-management-game-20150728-gihp6c

Macquarie Bank pushes into strata business

Macquarie Bank is bringing big bank know-how and resources to strata management, a cottage industry undergoing profound growth as Australia converts into a nation of apartment-dwellers.

The Australian Financial Review

http://www.architectureanddesign.com.au/news/superhouse-exhibition-in-sydney-to-explore-archite

Superhouse exhibition explores architecture and interiors beyond the everyday

The exhibition, ‘Superhouse: architecture and interiors beyond the everyday’, will feature some of the world’s most extraordinary homes and interesting living spaces with breath-taking photography by Richard Powers.

Architecture & Design

http://www.news.com.au/finance/economy/the-high-cost-of-australias-housing-obsession/story-fnu2pwk8-1227457463991

The high cost of Australia’s housing obsession

Australia spends 20 times more money on subsidising negatively geared property than funding start-up businesses and this could cost us jobs and our economic future, one senior financial analyst says.

news.com.au

http://www.claytonutz.com/publications/news/201507/28/clayton_utz_perth_lawyer_wins_property_council_young_achiever_of_the_year_award.page

Clayton Utz Perth lawyer wins Property Council Young Achiever of the Year award

Clayton Utz Perth real estate lawyer Clare van Drunen's professional excellence and outstanding contribution to the property industry saw her named the Stan Perron Young Achiever of the Year at the Property Council of Australia (WA division) Future Directions Young Achiever Awards 2015.

Clayton Utz

http://www.theaustralian.com.au/opinion/a-smaller-population-is-the-key-to-housing-affordability/story-e6frg6zo-1227457712066

A smaller population is the key to housing affordability

“Housing affordability” has had regular airings recently as vast numbers of young couples are having difficulty buying their first home. Everyone is an expert but they aren’t able to come up with solutions. Government control seemed like a good idea until you wanted to sell. Then the “bubble” was a joy to behold.

The Australian

http://www.perthnow.com.au/realestate/news/streets-of-gold-218-million-of-real-estate-sold-in-perths-top-10-most-expensive-streets/story-fnhlgriw-1227456813928

Sales boom in Perth's streets of gold

Perth's top 10 most expensive streets have sold more than $218 million worth of real estate in the past 12 months as WA’s elite continue to splash out for prestige addresses.

Perth Now