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Featured Property

Too good to be true: golf course frontage Marina Mirage, Port Douglas

'Serenity': Port Douglas home on Sheraton Grand Mirage Golf Course. A builder's own home, uniquely built with stainless steel framework. For sale by Tony McGrath, The Pink Company.

National Tasmania (Tas.)Hobart Western Australia (WA)Perth

The Economy

Hobart vacancy rates at record low: SQM Research

Hobart's vacancy rate in August was the lowest recorded by SQM since it began collating the data in 2005.

National

The Economy

Mortgage arrears at five-year highs, expected to rise further: Moody's

Credit ratings agency Moody's has revealed mortgage arrears are at a five-year high in Australia, but the data is widely divergent from state to state.

Victoria (Vic.)

People

Get to know Peter McIntyre, 70 years as an architect and still at the drawing board

Peter McIntyre AO began working in his father's architecture practice as an office boy at the age of seven. Today, the business is still very much a family affair, and McIntyre can look back at a long and successful career, studded with prestigious awards.

Victoria (Vic.)

Featured Property

Great Ocean Road beachfront, 'Storm Point Cottage'

Designed by world-renowned architect, Peter McIntyre AO: "It was to feel as if the sea had come in one side and washed out of the other." For sale with Darren Brimacombe and Jock Langley.

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

The Economy

Sydney's eastern suburbs "back to a normal market": Alexander Phillips, PPDRE

The heat's gone out of the market, but the depth of buyers will prevent prices from falling dramatically, says Alexander Phillips of Phillips Pantzer Donnelley.

Victoria (Vic.)Melbourne

The Economy

Postcodes add more value to your property than street name: REIV

Apartments on the same street but in different postcodes can vary in price by more than $800,000 says Joseph Walton, president of the REIV.

Victoria (Vic.)

The Economy

The cheapest house sold at auction in Victoria last week: $139,500

The most affordable house to be sold at auction in Victoria last week was a three-bedroom home at 9 Brookes St, Traralgon.

Queensland (Qld)

Featured Property

Wildlife and winery... walk to Sirromet Winery, wallabies, koalas and endless birdlife

Luxury Mt Cotton home on 8.7 acres within walking distance of Sirromet Winery, for sale by Jan Goetze of Raine & Horne Sales Cleveland.

National Tasmania (Tas.)

People

Get to know Andre Briffa, winner of the 2017 Schools Auctioneering Championship

Andre Briffa told SCHWARTZWILLIAMS he has already scheduled in some charity auctions following his win.

Pages

News Roundup

http://www.abc.net.au/news/2015-04-13/auctions-continue-to-roar-as-sydney-leads-prices-higher/6389160

Auction frenzy as Sydney keeps leading Australian property prices higher

Australian real estate shows no sign of slowing down, with 79 per cent of auctioned properties sold last weekend. That is the second highest level in data going back nearly seven years, with the record set in September 2009 when the Federal Government's First Home Buyers' Boost scheme was boosting demand.

ABC News

http://www.theaustralian.com.au/business/property/chinese-developers-still-expanding-in-australia-despite-debt-fears/story-fn9656lz-1227300601006

Chinese developers still expanding in Australia despite debt fears

Major Chinese developers are continuing their aggressive expansion in Australia despite concerns some are saddled with too much debt due to the collapse of the mainland housing market.

The Australian

http://www.afr.com/real-estate/sarina-russo-to-buy-property-as-jobless-rate-rises-20150413-1mjozq

Sarina Russo to buy property as jobless rate rises

Australia's 13th-richest self-made woman, Sarina Russo, has started a property acquisition drive to expand her employment services business across the country as Australia's jobless rate rises.

The Australian Financial Review

http://www.nytimes.com/2015/04/13/business/dealbook/blackstones-deal-with-ge-highlights-its-real-estate-holdings.html

Blackstone’s Deal With G.E. Highlights Its Real Estate Holdings

When it comes to real estate, Blackstone owns a lot more as well. The private equity firm, while better known for its huge buyouts in the deal boom before the financial crisis, is the largest private sector landlord in the United States. And that was the case even before General Electric announced on Friday that it would sell a $14 billion chunk of its real estate assets to Blackstone’s fast-growing property division as part of the conglomerate’s retreat from finance.

The New York Times

http://www.news.com.au/finance/real-estate/baby-boomers-taking-advantage-of-a-city-change-say-real-estate-experts/story-fndba8zb-1227297361841

Baby Boomers taking advantage of a city change, say real estate experts

The rise in popularity of city living, particularly low-maintenance apartments, is driving older South Australians to the CBD. Real Estate Institute of South Australia chief executive Greg Troughton says many Baby Boomers are making the move from larger properties to city apartments.

The Adelaide Advertiser

http://www.worldpropertyjournal.com/real-estate-news/cuba/havana/cuba-real-estate-buying-real-estate-in-cuba-cuba-property-investors-pablo-tacon-havana-homes-for-sale-raul-castro-fidel-castro-trading-with-the-enemy-act-8985.php

Cuba's Next Revolution: Real Estate

So can a non-American, non-Cuban buy anything at all right now in Cuba? The answer is yes, with qualifications. There still are around two dozen dilapidated apartment buildings developed 20 years ago in the Havana market. Foreigners are allowed to buy them. And unconfirmed reports from Cuban Americans claim those properties are being scooped up quickly.

World Property Journal

http://www.perthnow.com.au/realestate/buying/overseas-born-investors-buying-up-in-australia-prompts-new-website-that-compares-local-home-loans-in-mandarin/story-fnhlgp6j-1227298853782

Overseas-born investors buying up in Australia prompts new website that compares local home loans in Mandarin

Chinese property buyers are the target of an Australian mortgage broking firm capitalising on the rapid rise of overseas-born buyers spending up on local real estate. N1 Finance has made it easier than ever for Chinese-speaking buyers to understand the Australian mortgage market by launching the first online site comparing Australia’s biggest banks’ mortgage products in Mandarin.

Perth Now

http://www.theaustralian.com.au/opinion/letters/notion-of-housing-affordability-is-a-slippery-concept/story-fn558imw-1227300643725

Notion of housing affordability is a slippery concept

Some Australians celebrate the real estate boom as the best thing to happen to the economy since the mining boom. Surging house prices in Australia are proving to be a powerful driver of investment and growth.

The Australian