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VIC state government announce $10m to upgrade Bendigo public housing

Public housing tenants in Bendigo will benefit from $10 million in improvements to public housing estates, thanks to an Andrews Labor Government boost to regional public housing.

Victoria (Vic.)Melbourne

Design

‘Future Cities’ symposium to unveil shortlisted designs for $2b Southbank by Beulah

Six teams comprising the world’s leading architecture firms will present their ideas for the Southbank by Beulah development at the ‘Future Cities’ symposium later this month.

Queensland (Qld)Brisbane

Featured Property

The Riverbank: Magnificent Bulimba heritage estate

This historic home, with stunning Brisbane city views, has been transformed for modern family living. For sale by Cathy Richards and Sarah Hackett of Place Bulimba.

National

Politics

How close did we come to having our own Grenfell disaster?

Eerily close, according to Evaculife Managing Director, Bruce Bromley, who says the La Crosse apartment building in Melbourne’s Docklands could have easily suffered the same fate as the Grenfell disaster in London.

National

The Economy

Luxury market defies downturn: Knight Frank

The Australian prime residential market has, and continues to, travel at a different pace to the mainstream housing market, according to Knight Frank’s latest research report - the Australian Prime Residential Review – 2018.

National

The Economy

Market rationalisation underway, says REIA

The Australian property market is experiencing a rationalisation of agents due to tighter lending criteria, which is seeing longer listing times and stagnant prices particularly on the east coast, according to the Real Estate Institute of Australia (REIA).

Queensland (Qld)Gold Coast

Featured Property

Enviable Southport estate with private Main River beach

Live the quintessential Hamptons-inspired lifestyle on the Gold Coast with this luxury 5 bedroom residence boasting floating pontoon for 65ft. watercraft. For sale by Eddie Wardale and Michael Kollosche of Kollosche Prestige Agents.

New South Wales (NSW)Sydney Queensland (Qld)Brisbane Victoria (Vic.)Melbourne

The Economy

"A smooth process:" despite market, quality homes continue to perform

Di Jones reveals that solid interest from buyers continually results in auction activity despite the slow market.

Queensland (Qld)

The Economy

South East Queensland land market remains strong

New data from Ray White's SEQ Vacant Land Market Report confirms Brisbane’s residential house and land market performed strongly over 2017 with land prices up more than 11 per cent, which is good news for all developers.

National

Design

Winners announced in the AILA Landscape Architecture Awards

The Australian Institute of Landscape Architects (AILA) has announced the winners of the 2018 NSW Landscape Architecture Awards.

Pages

News Roundup

http://www.bloomberg.com/news/videos/2015-10-27/empire-state-building-s-long-term-plan-to-rule-nyc

Empire State Building's Plan to Rule NYC Real Estate

Tony Malkin, chief executive officer and chairman at Empire State Realty Trust, talks with Betty Liu about debt discrepancies between public and private real estate holding companies, his leasing standards for companies moving into the Empire State Building, and a decline in tourist dollars at the New York City landmark.

Bloomberg

http://www.theage.com.au/comment/mortgage-rates-why-the-big-four-think-theyll-get-away-with-it-20151025-gki5wj.html#ixzz3pifjbsPn

Mortgage rates: Why the big four think they'll get away with it

Notice how quiet the big four banks have been since they jacked up interest rates? Westpac added 0.20 percentage points to each of its variable mortgage rates a fortnight ago, hitting up its customers for an extra $34 a month. It'll haul in an extra $300 million a year.

The Age

http://www.news.com.au/finance/real-estate/beachside-suburb-with-prices-less-than-300000-draws-a-crowd/story-fndban6l-1227582032538

Beachside suburb with prices less than $300000 draws a crowd

Frankston North is gaining plenty of interest from house hunters, especially those seeking their first home. Rising sales, shorter listing times and long inspection queues tell the story of a suburb on the move.

news.com.au

http://www.smh.com.au/world/why-chinese-investors-come-to-australia-its-luxury-compared-to-home-20151026-gkiq9g.html#ixzz3pifDpVfp

Why Chinese investors come to Australia

China's larger cities have among the most expensive residential real estate in the world, according to house price to wage ratios compiled by the International Monetary Fund in 2013. In Beijing, the median house price is more than 22 times the average annual wage.

Sydney Morning Herald

http://www.theguardian.com/money/2015/oct/26/mortgage-approvals-fall-to-four-month-low

British mortgage approvals fall to four-month low

The number of mortgages approved by British banks in September fell to its lowest since May, with the lack of homes on the market being blamed for the fall.

The Guardian

http://www.news.com.au/finance/real-estate/house-auctions-expected-to-be-preferred-method-of-home-sale-in-south-australia-real-estate-body-says/story-fndba8zb-1227580404060

REISA: House auctions expected to be preferred method of home sale in SA

Auctions are becoming increasingly popular and will one day be the preferred method of property sale in South Australia, the real estate industry’s peak body says.

news.com.au

http://www.theadviser.com.au/breaking-news/33342-mortgage-choice-boasts-50b-loan-book

Mortgage Choice boasts $50bn loan book

Mortgage Choice has announced its loan book has officially hit $50 billion for the first time. Chief executive officer John Flavell said the achievement is a significant milestone for the ASX-listed group.

The Adviser

http://www.afr.com/real-estate/commercial/stockland-enjoys-q1-housing-sales-despite-return-to-normalised-growth-20151025-gki8di

Sydney growth to 'moderate', Stockland says

Stockland is on track to deliver 6000 sales of residential lots this financial year while expecting the Sydney and Melbourne property markets to "normalise".

The Australian Financial Review