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Australia must maintain record rate of housing supply: HIA report

In 2016, Australia built a record 230,000 new homes. The nation needs to maintain this rate of supply for the next thirty years to meet future housing needs, says the HIA.

New South Wales (NSW)

Construction

Liverpool Range to be Australia's largest wind farm

Australia's largest wind farm has been approved by the New South Wales government.

New South Wales (NSW)Sydney

Featured Property

Alex Popov beachfront masterpiece hits the market in Whale Beach

The Hutt is an award-winning design with stunning interiors and breathtaking ocean views. For sale by David Edwards of LJ Hooker Palm Beach.

National

People

How real estate employers are attracting - and keeping - top staff

Automation, offshoring, gym memberships, car parking, and the ability to work from home - these are some of the ways real estate agencies are enticing staff to come and work for them.

New South Wales (NSW)

People

Hunter valley real estate agent provides accommodation help for domestic violence victims

A Hunter Valley real estate agent has created a new partnership to help property managers and landlords help victims of domestic violence.

New South Wales (NSW)Sydney

Design

Russell Crowe's Sotheby's divorce auction: The Art of Divorce

A selection of major works owned by Russell Crowe and Danielle Spencer, including significant movie memorabilia, is being auctioned through Sotheby's tomorrow evening as the couple finalise their divorce.

Victoria (Vic.)

Featured Property

Opulent French Provincial living in Melbourne's Somerville

Le Bel Endroit, a stunning, four-bedroom French Provincial-style family home in Melbourne's Somerville is for sale through Marcus Gollings and Dean Phillips of McEwing & Partners.

National

The Economy

AHURI report reveals growing importance of the rental market

The rapid growth of the rental property market is having a significant impact on the real estate industry, as larger rent rolls generate more income and stable revenue streams for agents and property managers.

Western Australia (WA)Perth

The Economy

Top end of Perth market particularly strong: Lee Riddell, M Residential

Perth house and apartment prices remained steady in March, according to the latest data from the REIWA.

Queensland (Qld)Brisbane

People

Get to know Cara Bergmann of new Coronis office at Bridgeman Downs / Albany Creek

Cara Bergmann began her real estate career in South Africa, but since moving to Australia in 2007, she has become one of Brisbane's top real estate agents.

Pages

News Roundup

http://www.propertywire.com/news/australasia/australia-property-auctions-cities-2015082510906.html

Auctions set to continue as popular means of selling a home in Australia

While housing market conditions remain strong in Australian cities, particularly in Sydney and Melbourne, auctions will continue to be a popular way of selling a residential property, new research suggests.

Property Wire

http://www.theaustralian.com.au/business/latest/sydney-property-gains-to-ease-in-2016/story-e6frg90f-1227493051384

Sydney property gains to ease in 2016

Sydney's red hot housing boom is tipped to come to an end next year, and the market will even play second fiddle to Melbourne. Prices in Sydney for houses and units are expected to rise by five per cent next year, following years of double digit price growth, property valuation firm Propell says in its latest housing report.

The Australian

http://www.straitstimes.com/business/park-hotel-group-expands-into-australia

Park Hotel Group expands into Australia

Singapore-based Park Hotel Group has inked a deal to manage an upcoming hotel in Adelaide. The 30-storey project in the city centre will consist of 280 private residences, 250 guest rooms and suites, a restaurant, swimming pool and other facilities. The private residences will be put up for sale.

The Straits Times

http://www.news.com.au/finance/real-estate/auctions-popular-in-hot-home-markets/story-fndban6l-1227492093802

Cities that are addicted to auctions

Just over a quarter of residential properties offered for sale in Australia went to auction last financial year, but the proportion was over a third for Sydney, Melbourne and Canberra.

news.com.au

http://www.domain.com.au/news/agrade-properties-to-hit-the-melbourne-auction-market-come-spring-20150822-gj5f0l/

A-grade properties to hit the Melbourne auction market come spring

"For Sale" signs were placed on hundreds of million-dollar-plus properties in Melbourne last week as the market readied for the peak spring selling season.

Domain News

http://www.smartpropertyinvestment.com.au/opinion/14499-how-property-is-shaping-australia-s-wealth

How property is shaping Australia's wealth

Property and its ability to supercharge investors' fortunes continues to produce headlines and generate debate - but what role is it actually playing in our wealth creation?

Smart Property Investment

http://www.theage.com.au/victoria/health-and-welfare-on-the-up-but-house-prices-dragging-us-down-report-20150820-gj3hlp.html

Health and welfare on the up, but house prices dragging us down: report

The massive jump in the cost of buying or renting a house is having a profoundly negative impact on Australia, and policies imposed by Canberra and state governments are making the problem worse, a housing expert has warned.

The Age

http://www.theguardian.com/australia-news/2015/aug/24/luke-foley-wants-ban-on-property-developers-and-agents-being-councillors

Luke Foley wants ban on property developers and agents being councillors

Luke Foley, leader of the Labor opposition in New South Wales, wants to ban property developers and real estate agents from being local councillors. Foley has also called on the NSW government to reverse the decision to let councillors vote on planning controls that could benefit them.

The Guardian