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Featured Property

Reclaimed brick brings character and charm to this Norman Park executive family home

This four-bedroom executive family home in Brisbane's Norman Park, designed by Craig Webster of Monster Ideas, is for sale by auction through Simon Dean of Place Bulimba.

Western Australia (WA)

People

Tom Esze takes home the main prize, again: REIWA 2017 Auctioneering Championship

Tom Esze is this year's REIWA Auctioneering Champion. Runner up was David Vitale, and the winner of this year's rookie award was Prash Nayar.

Victoria (Vic.)Melbourne

Politics

Victoria establishes taskforce to fast-track flammable cladding probe

Architect and former premier Ted Baillieu will head up the new Victorian Cladding Taskforce, which has been established to investigate how widely flammable cladding has been used on Victorian high-rise buildings.

Victoria (Vic.)Melbourne

People

Former real estate agent Joseph Ngo pleads guilty to 163 charges

A former agent for LJ Hooker has pleaded guilty to 163 charges associated with transferring money held for clients in trust funds into an account managed by his wife.

Victoria (Vic.)Melbourne

Featured Property

A converted factory apartment in Collingwood's 'Bohemia' is for sale

A converted apartment in Collingwood's former Foy & Gibson factory, close to cafes and trams, is for sale through Sam Goddard and Simon Curtain of Abercromby's Armadale.

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

The Economy

Weekend auctions litmus test of new first-home-buyer benefits

New stamp duty concessions in New South Wales and Victoria added some heat to otherwise wintry auction market conditions on the weekend.

National

Design

What should you do if you are concerned about flammable products in your building?

The Australian Building Codes Board has launched a new web site where you can report concerns about non-conforming building products.

New South Wales (NSW)

People

McGrath goes west with new office in Mudgee

John McGrath expects strongth growth in regional, "semi-rural" areas of NSW.

Victoria (Vic.)Melbourne

Featured Property

A Collingwood terrace with contemporary extension and views of Darling Square and the Melbourne CBD is for sale

A two-storey, Victorian terrace within walking distance of the CBD is for sale through Kathy Malcolm and Antony Woodley of Marshall White Hawthorn.

Victoria (Vic.)Melbourne

The Economy

June 30 caps off record-breaking period for Melbourne auctions: REIV

More Melbourne properties went to auction in the first half of 2017 than in any other six-month period.

Pages

News Roundup

http://www.businessinsider.com.au/this-startup-wants-to-let-people-into-australias-property-market-without-buying-a-house-2015-2

Startup to buy into Australia’s property market without buying a house

A new real estate investment startup BrickX wants to enable investors to partly purchase properties by trading “Bricks” which start from $66 each. BrickX is structured so that each individual property is in a trust and investors can buy or sell into that trust.

Business Insider

http://www.scmp.com/property/hong-kong-china/article/1728615/gender-equality-view-real-estate-sectors-next-generation

Gender equality in view for real estate sector's next generation

Among 2,862 real estate companies listed globally, only 62 have women comprising 30 per cent or more of their board membership, Bloomberg Intelligence Asia analyst Robert Fong said.

South China Morning Post

http://gadgets.ndtv.com/apps/news/commonfloor-launches-retina-a-virtual-reality-take-on-real-estate-665119

Virtual reality applied to real estate

Real-estate portal CommonFloor has unveiled a new app called CommonFloor Retina, which can be used to view new real-estate projects in a spherical 360-degree virtual reality perspective.

NDTV Gadgets

http://www.businessspectator.com.au/article/2015/3/3/property/why-sydneys-property-market-running-so-hot

Why Sydney's property market is running so hot

House prices, especially in Sydney, are going to go up more before they come down, which means, of course, that they will come down harder when they do.

Business Spectator

http://www.news.com.au/finance/real-estate/using-the-wrong-word-when-you-list-your-home-for-sale-could-cost-you-thousands/story-fncq3era-1227246024232

Words in real estate ads matter

For top-tier homes, using the words “investment”, “potential” and “TLC” in ads were linked with significantly lower final sale prices compared with their estimated values, while “captivating” properties fetched higher prices. “Cosmetic”, “bargain”, “fixer”, “nice” were best avoided and “unique” homes, the authors found, tended to need some kind of rehab.

news.com.au

http://www.theaustralian.com.au/business/property/property-sector-welcomes-delay-in-nbn-charges-for-new-houses/story-fniz9vg9-1227242073448

Delay in NBN charges for new houses

The government has delayed by a few months extra charges for connecting new-build houses to the $41 billion National Broadband Network. The proposed additional charges for infrastructure in new real estate developments include a one-time $300 connection charge, a $600 “deployment” charge on developers of $600 for homes and $400 for apartment blocks.

The Australian

http://www.smh.com.au/business/property/resi-reits-may-not-be-far-away-20150228-13qjba.html

Residential A-REIT in future?

The success of residential developers during the reporting season for the first half of the 2015 financial year has led to vague murmerings that a residential Australian real estate investment trust could be a reality in coming years. Multi family REITs, as they are known in the US, are very popular but there is a lot of generic stock - lots of apartment blocks from Manhattan to Los Angeles - that make such an investment class a viable option.

The Sydney Morning Herald

http://www.dailytelegraph.com.au/newslocal/the-hills/castle-towers-set-to-become-second-biggest-shopping-centre-in-australia-under-proposed-911m-rebuild/story-fngr8i1f-1227245110682

Sydney shopping centre set for $911m rebuild

Australia's second largest shopping centre could be built in north-west Sydney under plans by a major development company. Queensland Investment Corporation is planning to redevelop the existing Castle Towers shopping centre, adding a further 80,000sq m at a cost more than $911 million.

The Daily Telegraph