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Subdued auction conditions with clearance rates of 55.5 per cent

There were 2,404 homes taken to auction across the combined capital cities this week, increasing from 1,983 over the previous week.

Victoria (Vic.)Melbourne

People

Adam Cashmore joins The Agency

High-achieving Stonnington and Boorondara agent Adam Cashmore has joined The Agency as a property partner.

New South Wales (NSW)Sydney

People

Get to know Darren Curtis of Christie's International Real Estate

Darren Curtis of Christie's International Real Estate sells some of the most prestigious properties in Australia.

Queensland (Qld)Brisbane

Featured Property

Brisbane riverfront acreage with modern mansion

With resort-like features throughout the property, this home’s master retreat offers an additional, completely private getaway, boasting kitchenette, undercover balcony, spa and two separate ensuites. For sale by Jason Adcock of Adcock Prestige Taringa.

International

Design

One of New Zealand's finest homes for sale

54 Twin Peak View in Queenstown, New Zealand is for sale by Bas Smith, principal of Ray White Queenstown.

Queensland (Qld)Brisbane

Construction

Multi-purpose development site in Thornlands for sale

Expressions of interest are being sought for a 31-hectare* approved development site, situated at 157-197 Woodlands Drive, Thornlands. For sale by Ray White Special Projects Queensland.

Queensland (Qld)Brisbane

The Economy

Place Bulimba All Star Auction: 75 per cent of properties sold or under negotiation

Paul Curtain, principal of Place Bulimba discusses the results of the All Star Auction held last night, where 21 properties went under the hammer.

Victoria (Vic.)Melbourne

Featured Property

Toorak’s Tuileries: bespoke Mediterranean style

This striking, light-filled home has been hand crafted with natural materials for elegant living, only six kilometres from Melbourne’s CBD. For sale by Peter Kudelka and Michael Gibson of Kay & Burton South Yarra and Jeremy Fox of RT Edgar Toorak.

National

Politics

"Purblebricks agents would make very little, even top agents" Hayden Groves, REIWA

Hayden Groves of the REIWA, Malcolm Gunning of the REIA, and Leanne Pilkington of the REINSW discuss Purplebricks new service offering and what it means for real estate agents and potential customers of the company.

National

The Economy

Commonly missed tax deductions

Bradley Beer of BMT Tax Depreciation discusses why deductions and assets are missed, and what the solution is.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/chinas-poly-real-estate-keen-to-build-strong-australian-presence/news-story/19e4f13776aac3ff1977cdb9715c5ec3

China’s Poly Real Estate keen to build strong Australian presence

The Shanghai-listed arm of a major state-owned Chinese corporation, the $75 billion China Poly Group, has outlined an ambitious growth strategy for Australia aimed at making it the third biggest property developer here over the next decade. Poly Real Estate has built a presence in Australia in the past two years, with projects planned for Sydney and Melbourne.

The Australian

http://www.theage.com.au/victoria/scientology-link-to-plan-for-werribee-supercity-20151216-glp1c8.html#ixzz3uYYTYzLw

Scientology link to plan for Werribee super-city

A little-known consortium that Victorian Finance Minister Robin Scott has awarded "preferred bidder" status to for a huge tract of public land in Werribee is backed by property figures with strong links to the Church of Scientology.

The Age

http://www.afr.com/real-estate/private-treaty-sales-strong-despite-falling-auction-clearance-rates-20150807-giu7nf

Private sales strong despite falling auctions

Auction clearance rates have been the barometer of the residential market for many home buyers but how much should buyers rely on them?

The Australian Financial Review

http://www.architectureanddesign.com.au/news/innovative-unsw-architecture-program-to-tackle-hum

Innovative UNSW architecture program to tackle humanitarian issues

The UNSW has introduced a new Master of Architecture degree program that will focus on architecture for the disadvantaged and displaced while tackling some of modern society’s major challenges.

Architecture and Design

http://www.realtytoday.com/articles/62754/20151216/foreign-real-estate-investors-unfazed-strong-dollar.htm

Foreign Real Estate Investors Unfazed By Strong US Dollar

There is no stopping foreign investments from coming in the US real estate market even if the dollar is proving to remain strong.

Realty Today

https://mozo.com.au/blog/2015/12/where-will-australian-property-prices-go-in-2016/

Where will Australian property prices go in 2016?

As 2015 comes to an end – which was a bumper of a year for real estate sales – everyone from property punters to economists are placing their bets on where prices will go in the New Year.

Mozo

http://www.afr.com/real-estate/sydney-rental-vacancies-rise-as-foreign-students-go-home-20150806-git153

Sydney rental vacancies rise as foreign students go home

The strong demand for housing from foreign students in Sydney is felt as vacancy in residential properties rose slightly in November after university students return to their home countries for the four-month summer break, SQM Research has found. Many students including local interstate students leave their regular rental accommodation from the start of November.

The Australian Financial Review

http://www.yourinvestmentpropertymag.com.au/news/property-tycoon-talks-up-real-estate-says-shares-are-terrible-210012.aspx

Property tycoon talks up real estate, says shares are "terrible"

The founder of Australia’s biggest home building company believes real estate remains a prime investment opportunity when compared to other avenues, such as the share market. Speaking to Bloomberg this week, Meriton founder Harry Triguboff described the Australian share market as “terrible” and said conditions within Australian property were so good they had caused him to abandon plans to sell his company to Chinese interests.

Your Investment Property