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New technology gives buyers the ability to digitally style and furnish properties

Boutique real estate group, Starr Partners, has rolled out virtual reality and digital styling and furnishing tools giving buyers the ability to step inside and customise a property from anywhere in the world.

New South Wales (NSW)Sydney

Featured Property

House-size apartment with gorgeous views across Double Bay

This luxurious apartment, boasting approx. 520 sqm indoor/outdoor living in an elite building, is for sale by Bart Doff of Laing & Simmons Double Bay.

National

The Economy

Unchartered territory ahead despite RBA stability

Despite the Reserve Bank of Australia's extended stay on the sidelines, the home finance sector is still facing unchartered territory.

National

Politics

Royal commission highlights drastic need for property investment advice regulations

The banking royal commission has highlighted the drastic need for property investment advice regulation, according to the Property Investment Professionals of Australia (PIPA).

National

The Economy

Regional dwelling values rise while city values record declines

Property prices in the nations capital cities recorded a decline while the value of regional dwellings continue to edge higher.

International

Featured Property

World class luxury island lodge for sale

On Rakino island in the waterway surrounding Auckland Harbour, the 23 acre Hurakie Lodge is for sale through Andrew Jolliffe and Finn Hurst of Ray White.

International

Design

Developer sought for major New Zealand residential project

Australian developers are being invited to participate in an EOI to secure a 41.7ha, fully approved and master planned subdivision in Auckland.

Western Australia (WA)Perth

The Economy

Perth market experiencing significant uptick: REIWA

Buyer confidence is increasing as Perth's property market experiences a significant uptick in sales activity according to REIWA data.

National

Design

Australian cities ranked among world's greenest

Sydney and Melbourne have ranked third and fourth on the index, coming in just behind Vancouver and Toronto

Tasmania (Tas.)Hobart

Featured Property

The Admiral’s Suite: harbourside history on Hunter

Agent Lynne Page of Knight Frank Hobart told WILLIAMS MEDIA “The building is thought to be located on the very site where Hobart was settled in 1804.”

Pages

News Roundup

http://www.mortgagebusiness.com.au/breaking-news/8916-tens-of-thousands-switching-out-of-investor-loans?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter18_09_2015&utm_medium=email

‘Tens of thousands’ switching out of investor loans

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the market adjusts to two-tiered pricing.

Mortgage Business

http://www.afr.com/real-estate/residential/yuan-devaluation-makes-australian-canadian-property-more-affordable-20150916-gjoaoi

Yuan devaluation makes Australian, Canadian property more affordable

The number of Chinese buying overseas homes will slow rapidly this year, according to Mandarin-language property portal Juwai.com, but Australia is seeing an uptick in inquiries due to Beijing's recent currency devaluation.

The Australian Financial Review

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=http%3A//www.theaustralian.com.au/business/property/cbre-global-investors-eyes-off-docklands-tower-in-melbourne/story-fnko7zi0-1227530817885&memtype=anonymous

CBRE Global Investors eyes off Docklands tower in Melbourne

CBRE Group’s investment management unit is close to making its entry into Australia’s direct property market, with the business eyeing the purchase of the South Wharf office tower in Melbourne in a deal worth about $145 million.

The Australian

http://www.nytimes.com/2015/09/15/t-magazine/cabin-homes-new-american-dream.html?smid=fb-nytimes&smtyp=cur&_r=0

Cabins, the new American Dream

According to legend, the cabin and the shack are ideal launchpads for remarkable lives, but lately they’ve become homes to aspire to — particularly for overburdened types whose acquisitive binging has made them want to purge.

The New York Times

http://www.adelaidenow.com.au/news/national/foreign-students-buying-mansions-in-australia-ato-launches-investigation/story-fnii5s40-1227530802706

Study visa no ticket to buy Oz property

Foreign students with seemingly minimal money are buying plush mansions worth up to $5 million under laws that allow temporary residents to buy a property in Australia.

The Daily Telegraph

http://therealdeal.com/blog/2015/09/16/fundrise-expands-abroad-in-big-move-for-crowdfunding-industry/

Fundrise expands abroad in big move for crowdfunding industry

Real estate tech startup Fundrise expanded to Australia, Britain and Canada, becoming the second leading U.S. crowdfunding platform to tap into overseas capital markets.

The Real Deal

http://www.afr.com/real-estate/goodbye-percentage-commission--hello-flat-9990-fee-to-sell-your-home-20150915-gjmx1e#ixzz3lqvXjloj

Goodbye percentage commission – Hello flat $9990 fee to sell your home

Property agents Hello Real Estate have launched a flat fee of $9990 for selling homes. Hello, which is based in Sydney but also operates in South Australia and Victoria, has done away with commission-based selling and will sell an apartment or a house for the same flat fee which includes an "independent valuation" and conveyancing.

The Australian Financial Review

http://www.heraldsun.com.au/news/malcolm-turnbull-australias-property-rich-politicians/story-fnu4we2b-1227528275462

Malcolm Turnbull: Australia's property rich politicians

When Malcolm Turnbull takes on the role of Australia’s 29th Prime Minister, he also becomes the richest person to ever hold the post. Estimated to be a millionaire 180 times over, Mr Turnbull’s riches follow the path of many Aussie families whose net worth has rocketed off the property boom.

Herald Sun