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Featured Property

Watch the sun set over the ocean at your very own vineyard

‘Views and Vines’ is a productive six-acre vineyard in Drysdale with a grand homestead perfect for entertaining large groups. The property is for sale through Lee Martin and Chris Bartley of Bellarine Property Barwon Heads.

Politics

NSW budget fails to deliver: REINSW

The NSW government has failed to help those wanting to buy property, says John Cunningham, president of the REINSW.

New South Wales (NSW)

The Economy

Southern Highlands the favourite alternative for Sydney families: Di Jones

The Southern Highlands has become the favourite alternative for Sydney renters and buyers alike, with more affordable homes and lifestyle drawing families to the region.

People

Get to know Ben Khong, sales agent with Cranecorp

Ben Khong is a sales agent with property developer Cranecorp. With a background in fashion, he loves working with the developer's design teams, and takes the 'two ears, one mouth' approach when dealing with his clients.

New South Wales (NSW)

Featured Property

A house designed for maximum joy, with its own waterfall for good measure

This award winning, eco home is for sale through James Leary of Raine & Horne Byron Bay.

Victoria (Vic.)Melbourne

The Economy

Eight tips to consider when purchasing commercial property

When buying commercial property in Melbourne, it's important to wait for the ideal property and the right market conditions, says Dominic Gibson of Melbourne Acquisitions.

New South Wales (NSW)Sydney

$23m Woolwich sale beats Cate Blanchett's 'Bulwarra' record

The sale of historic home 'Vailele' for $23 million has set a record for the Hunters Hill peninsula.

New South Wales (NSW)Sydney

Design

UK-based architect Foster + Partners reveals design for Sydney's tallest building

Circular Quay Tower and the regeneration of the northern end of the CBD will confirm Sydney's status as a global city, say the architects.

New South Wales (NSW)

Featured Property

Surf on your doorstep, sun all year round, festivals, fine dining - and a super-luxe home in Byron Bay

'Villa Gabrielle', a three-story, resort-style home on Byron Bay's Main Beach, is for sale through Sophie Christou of Raine & Horne Byron Bay.

The Economy

Auction clearance rate three weeks below 70%

Yet the market is still seeing strong results. A four-bedroom Melbourne home with a pool and tennis court sold for $7,650,00 last week through Abercromby's Real Estate Armadale.

Pages

News Roundup

http://www.theage.com.au/business/prices-picked-to-rise-amid-demand-in-melbourne-greenfield-suburbs-20150210-13aou1.html

Melbourne greenfield suburbs see more demand

Land sales in Melbourne's greenfield suburbs surged in 2014 and prices are expected to follow as demand increases. Annual sales increased to 12,665 in 2014, up 43 per cent, compared with 2013 when 8838 lots sold. It is slightly lower than the 46 per cent increase in volume recorded in 2013 but that level followed two years of falling sales.

The Age

http://www.theaustralian.com.au/business/property/sunshine-pays-46m-to-get-on-hunter-green/story-fnko7zi0-1227215275039

Chinese developer bets on Hunter Valley tourism

Beijing-based Sunshine Insurance Group has spent about $40 million on a Hunter Valley resort with plans to develop a $100m six-star resort and a second championship golf course. The group has acquired the 100-suite Chateau Elan Hotel and The Vintage Golf Club in the Hunter Valley Rothbury area.

The Australian

http://www.nasdaq.com/article/australias-property-boom-spurs-interest-in-granny-flats-20150210-01083

Property boom spurs interest in 'granny flats'

Granny Flats are the latest craze in a housing boom that started in Sydney and has now spread to other parts of the country, putting homeownership out of reach of many Australians.

Dow Jones Newswires

http://www.afr.com/p/business/property/foreign_property_buyers_face_stiff_QDC63U2AWMXznJRYlfwYML

Treasury investigates foreign buyers

Treasury confirmed on Monday that it had conducted 33 investigations into suspected illegal residential property acquisitions in Australia by foreign buyers and found most were compliant. Treasury is still investigating a few more cases.

The Australian Financial Review

http://www.heraldsun.com.au/realestate/news/james-and-tania-hirds-toorak-property-sold-for-42-million/story-fni0ckoj-1227213477347

Bombers coach cleans up on home sale

The Toorak home of AFL coach James Hird and wife Tania sold for $4.2 million last October after being on the market for 8 months. The property last changed hands for $2.763 million in February 2011.

Herald Sun

http://www.businessspectator.com.au/news/2015/2/9/construction-and-engineering/av-jennings-h1-profit-jumps-42

AVJennings profits up

AVJennings has reported a 2014-15 interim net profit of $11.9 million which is 42.1 per cent higher than previously. The residential property developer's revenue of $118.5 million was up 13.7 per cent.

Business Spectator

http://www.afr.com/p/business/property/perth_prestige_home_unalla_hits_yZu0T2mTTgCG3qiHkw7F1J

$15 million Perth listing

Unalla, a five-bedroom mansion in the Perth suburb of Peppermint Grove, has been put on the market with an asking price of $A15m. It is being sold by the family of Bruce Campbell.

The Australian Financial Review

http://www.rebonline.com.au/breaking-news/8667-national-real-estate-group-moves-into-mortgage-broking

Professionals move into mortgage broking

Professionals has launched a finance business after research found that more than half of its clients would consider using an in-house broker.

REB