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Meg Ryan sells industrial-chic loft in 1880s SoHo building for AU$12 million

After five months on the market, Meg Ryan has found a buyer for her industrial-chic loft in a classic Soho building.

Queensland (Qld)Sunshine Coast

Featured Property

Castaway Beach's 'Salt and Sand' delivers an island lifestyle on the mainland

'Salt and Sand' is a large, flexible beach house, master built by Glen Watson Building & Design, and now for sale through Tom Offermann Real Estate Noosa Heads for $2.395 million.

Victoria (Vic.)

People

It's not a house, it's a home: 'Castle' house sells for $40,000 as relocatable home

The modest three-bedroom weatherboard cottage that won the hearts of the nation in the 1997 hit comedy, 'The Castle', sold for eight times the reserve price on Wednesday afternoon.

National

The Economy

Low inflation data suggests interest rates likely to remain low: REIA

Inflation rose 0.2 per cent in the June quarter, making an annual increase of 1.9 per cent, suggesting that interest rates will remain low for some time, says Malcom Gunning, president of the REIA.

New South Wales (NSW)

People

Laing+Simmons marks 50 years at awards night

Laing+Simmons Port Macquarie was office of the year, D’Leanne Lewis was top income producer, and Laing+Simmons Double Bay was the top income producing office, all achievements celebrated at Laing+Simmons' annual awards night on the weekend.

New South Wales (NSW)

Featured Property

Bronte Beach House: walk out the back gate to one of Sydney's most beautiful beaches

A four-bedroom home on Bronte Beach, with panoramic beach views from almost every room and close to buzzing Bronte village, is for sale for $12 million through Grant Dale and Simon Platt of Unique Estates Australia.

National

Design

Homes designed for the telecommuter: is this the future of home and work?

SCHWARTZWILLIAMS takes a look at a new type of home, where work and home life happen under the same roof.

Victoria (Vic.)Melbourne

Design

Gurner working with council on Wellington Street amendments, responds to councillor comments

Tim Gurner spoke to SCHWARTZWILLIAMS about his Koichi Takada-designed, Wellington Street development in Collingwood, and about the "unhelpful" comments from councillor Steve Jolly.

Politics

Sirius stands as court rules against NSW government

The Land and Environment Court found that former heritage minister, Mark Speakman, did not properly consider the heritage significance of the brutalist Sirius building.

Queensland (Qld)

Featured Property

A timber resort-style Port Douglas home with views to the Daintree is for sale

This four-storey timber home with sweeping views over Mowbray Valley extending to the Daintree is for sale through Travis Schumacher of Raine & Horne Port Douglas Mossman.

Pages

News Roundup

http://www.infolink.com.au/c/green-building-council-of-australia/gbca-and-gresb-partnership-brings-benchmark-reporting-for-australia-s-real-estate-sector-n2510310

Green partnership brings benchmark reporting for Australia’s real estate sector

Australia’s leading authority on sustainable buildings and communities, the Green Building Council of Australia (GBCA) is partnering with GRESB, the global sustainability benchmark for real estate portfolios, to advance reporting on environmental, social and economic performance in Australia’s real estate sector.

infolink

http://www.news.com.au/finance/real-estate/variety-sa-mannum-house-up-for-sale-in-auction-by-toop-toop/story-fndba8zb-1227273603434

Variety SA Mannum house up for sale

Variety SA will this weekend auction off its first charity house up at Mannum, with proceeds helping South Australian children doing it tough. It was gifted a block of land at Lot 28, Rosella Rise, Mannum Waters and has built its first charity home on the site through Endeavour Homes. It will be auctioned off on Saturday by Toop & Toop Real Estate agent Bronte Manuel.

The Adelaide Advertiser

http://www.afr.com/business/construction/lend-lease-restructures-as-saxelby-goes-20150319-1m2t2f

Lend Lease sheds construction and infrastructure divisions

Lend Lease Group has revealed a restructuring which will result in the abolition of its construction and infrastructure division. The move is in response to the impending retirement of the head of the division, David Saxelby, while Lend Lease has completed the process of integrating the division's businesses into its broader operations. These businesses include Abigroup and Baulderstone, which Lend Lease acquired in 2011.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/villa-world-on-track-to-return-to-pre-gfc-sales-as-it-enters-asx-300/story-fn9656lz-1227268541114

Villa World on track to return to pre-GFC sales

Listed house-and-land developer Villa World is on track to return to its pre-global financial crisis lot sales of more than 1000 per year, as it enters the ASX 300 today. The Gold Coast developer has a stockpile of 5500 lots for its five to six-year development pipeline and aims to double its 2013 sales of 600 lots to 1200 in 2016.

The Australian

http://www.yourmortgage.com.au/article/market-watch-australia-to-add-4-5-million-new-households-198307.aspx

Australia to add 4.5 million new households

Real estate agents and mortgage brokers are going to be busy over the coming years as 4.5 million new households are created in Australia. That’s according to a report from the Australian Bureau of Statistics which reveals that over the next 25 years the total number of households will increase to 12.7 million.

Your Mortgage

http://www.dailymail.co.uk/news/article-3001886/Sydney-Australian-city-make-Monopolys-80-anniversary-board-cheap-end-town.html

Sydney only Australian city to make Monopoly's 80 anniversary board

Australia has scored some real estate on the 80th anniversary World Edition of Monopoly - but it's not exactly in a prime position. Along with 21 other cities, Sydney has been given a spot on the map which replaces London's swankiest postcodes with the world's chicest hotspots.

Daily Mail

http://www.dailytelegraph.com.au/newslocal/north-shore/channel-9-studios-in-willoughby-to-be-sold-to-property-developers-to-build-400-apartments/story-fngr8h9d-1227266045585

Channel 9 studios to be sold to property developers

The network has appointed commercial real estate service CBRE to manage the sale of the studios in Willoughby. The move comes after Willoughby Council approved a concept plan to develop up to 400 residential dwellings, over five apartment buildings and two rows of terraces last month.

The Daily Telegraph

https://au.finance.yahoo.com/news/australian-households-have-largest-debts-in-the-world-053528607.html

Australian households have largest debts in the world

Australia leads the way globally when it comes to household debt, as a result of large mortgages, credit cards and personal loans, according to research by Barclays. Barclays chief economist Kieran Davies says Australian household debt averages 130 per cent of GDP, compared to 78 per cent across the advanced world.

Yahoo Finance