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'Super City' Sydney seventh on Knight Frank foreign investment list

Knight Frank's inaugural report, Active Capital – The Report 2017, which looks at foreign commercial real estate investment in ten 'Super Cities', lists Sydney in seventh place.

National

Design

EAC rebrands, introduces new video marketing tools

Estate Agents Co-Operative has rebranded its business, and brought in a range of new technologies to lower costs and boost services for its agent members.

Victoria (Vic.)Melbourne Collingwood

Featured Property

A Collingwood warehouse conversion where elegant meets industrial

This boutique apartment with stunning interiors in Melbourne's Collingwood is on the market with Damian Ponte and Rick Daniel of Nelson Alexander Brunswick for between $1.1 million and $1.2 million.

National

The Economy

How to prepare for higher interest rates

With the Reserve Bank signalling the cash rate is headed higher, borrowers are advised to prepare for higher rates by calculating how they will be affected, paying off debt now while rates are low, and considering fixing, says Patrick Nolan of ME Bank.

Western Australia (WA)Perth

The Economy

Auctions achieve quicker sales in Perth

It takes around 70 days to sell a property by private treaty in Perth, says Hayden Groves, president of the REIWA, but sellers who go to auction are achieving sales in as few as 28 days.

Queensland (Qld)

Featured Property

Miri Miri: nestled on rainforest edge 330m above sea level commanding Gold Coast views from Currumbin to Stradbroke Island

Hand-crafted contemporary home enjoys open fire-pit, outdoor bathroom amongst 8.5 hectares on the edge of the rainforest in the Tallebudgera Valley; boasts its own rainforest, bush tracks, creeks and waterfalls, and is home to koalas and wallabies. It is for sale through Scott Keatley of Ray White Mermaid Beach.

International

Design

Traditional French influence combines with Bali calm and tranquility

The 535sqm Bali villa features tropical design and the best of French classic lifestyle. A sleeping pavilion looking over the 18m swimming pool, and lush green lawns form part of this large 1,377sqm plot. For sale through Julien Hug of Exotiq Property.

People

Di Jones Woollahra agent draws on Bollywood and acting background for novice auctioneering win

Emma Brown-Garrett, a sales agent with Di Jones Woollahra, has secured a place in the state final of the REINSW Novice Auctioneers Competition.

International

People

US Secretary of State Rex Tillerson lists Texas holiday home for sale

The former ExxonMobil CEO has listed his Horseshoe Bay, Spanish-style beach house for US$3,975,000 (AU$5 million).

Victoria (Vic.)Melbourne Brighton

Featured Property

Imaginative Brighton East home by SAAJ Design with lush gardens and leafy golf-course views

This innovative home owned and designed by architect / industrial designer team, SAAJ Design, is for sale by Justin Follett and Marcus Heron of Follett & Co, and has a price guide of between $2.4 million to $2.64 million.

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