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Featured Property

Sunshine Beach haven offers epitome of Noosa living

Designed by Chris Clout, this elegant beachside home takes in breathtaking ocean views, just 100m from Noosa National Park. For sale by David Conolly of Century 21 Conolly Hay Group Noosa Heads.

Victoria (Vic.)Melbourne

Construction

Gurner St Moritz $30m penthouse breaks Melbourne record after being sold to Antony Catalano

Luxury property developer Gurner has smashed Melbourne’s price record for the most expensive apartment sale, contracting the illustrious $30m penthouse at its ultra-luxury Saint Moritz development in St Kilda to a high-profile Melbourne family.

National

People

How ArchiStar is helping property professionals find residential development hot spots

Game-changing software platform ArchiStar is helping property developers and real estate agents analyse the development potential of any block of land using generative design engine technology.

New South Wales (NSW)Sydney

The Economy

Confidence in Sydney's North Shore market sees McGrath launch new offices

John McGrath is confident Sydney's North Shore property market will remain resilient this year, as his agency launches two new offices on the Lower North Shore.

Queensland (Qld)Gold Coast

Featured Property

Mediterranean style on Main River

This riverside sanctuary is situated on an approx. 1,237sqm block in an inner-Gold Coast location. For sale by Michael Kollosche and Josh Longhitano of Kollosche.

Western Australia (WA)Perth

The Economy

Hot competition among tenants to entice investors back into Perth market

Perth's rental market is surging, and the outlook is very positive for landlords.

National

The Economy

Report reveals Chinese purchases made up 31 per cent of 2018 Australian development site sales

A new report from Knight Frank has revealed that Chinese developers spent $1.3 billion on Australian residential development sites in 2018.

People

This is how to handle constructive criticism in the workplace

Resolver Recruitment's Virginia Brookes shares her best advice for handling constructive criticism in the workplace like a pro.

Victoria (Vic.)Melbourne

Featured Property

KAINGA: an historic family residence in Essendon

Steeped in tradition with an array of modern luxuries, this Melbourne home blends history with family lifestyle in a sought-after neighbourhood. For sale by Joe Zucco of McDonald Upton Essendon.

National

The Economy

Banking royal commission findings: no directive to further tighten lending

The royal commission final report, handed down on Monday, did not recommend banks further tighten their lending practices, with the desired outcome on lending having already been met.

Pages

News Roundup

http://www.afr.com/real-estate/commercial/leasing/childcare-with-chef-yoga-and-barista-comes-to-a-cbd-tower-near-you-20160322-gno662

Childcare, with chef, yoga and barista, comes to a CBD tower near you

The sound of little feet will soon be mingling with the more intense tread of bankers as new childcare centres prepare to open at premium towers in Sydney and Melbourne.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/commonwealth-bank-rules-out-house-hunting-downturn/news-story/d3103ebba1b406893ee995cd725feaf7

Commonwealth Bank rules out house hunting downturn

Commonwealth Bank is counting on home buying to continue strongly throughout the year even as research reveals buyers’ expectations of price have run ahead of the market.

The Australian

http://www.afr.com/real-estate/chinese-buyers-pace-vancouver-home-sales-20160323-gnpxvq

Chinese buyers pace Vancouver home sales

Buyers from China comprised about one-third of purchases of Vancouver's hot housing market in 2015, according to "back of the envelope calculations" by National Bank of Canada.

The Australian Financial Review

http://www.cnbc.com/2016/03/16/iranians-to-splash-up-to-8b-on-overseas-property-study.html

Iranians to splash up to $8B on overseas property: Study

Wealthy Iranians, companies and state-backed buyers will spend up to £6 billion ($8.5 billion) on overseas real estate over the next five-to-10 years following the lifting of international sanctions, a report said on Wednesday.

CNBC

http://www.afr.com/real-estate/australian-pastoral-group-selling-rural-property-gems-including-deltroit-station-20160323-gnpdzc

Australian Pastoral Group selling rural property gems including Deltroit Station

The Australian Pastoral Group, run by former Macquarie Group agricultural boss Alan hayes is selling its three main rural properties worth more than $70 million as it seeks to cash in on heightened transaction activity in the sector.

The Australian Financial Review

http://www.afr.com/news/economy/rba-governor-glenn-stevens-cheers-cooling-sydney-property-market-20160322-gnofdj

RBA governor Glenn Stevens cheers cooling Sydney property market

Reserve Bank of Australia governor Glenn Stevens has cheered signs that house price growth in Sydney and Melbourne have cooled thanks to a "timely" regulatory crackdown on lending standards.

The Australian Financial Review

http://www.domain.com.au/news/sunset-clawback-developer-ash-samadi-goes-into-liquidation-20160322-gnoefi/

‘Sunset clawback’ developer Ash Samadi goes into liquidation

A multi-million-dollar property developer who made up to 50% more on off-the-plan apartment sales by cancelling contracts and reselling the units, has gone into liquidation days before he was due to face his original purchasers in court.

Domain

http://www.afr.com/real-estate/john-mcgrath-spends-430000-in-share-buy-back-20160321-gnnya6

John McGrath spends $430,000 buying discounted McGrath stock

McGrath Estate Agents founder and chief executive John McGrath has spent $430,000 buying shares in the listed real estate group, whose stock has taken a hammering since floating in December.

The Australian Financial Review