The Real Estate Conversation

Contact

Melbourne needs to re-think approach to urban sprawl, architects and planners say

Architects and urban planners have gathered in Melbourne to discuss how to design more ethical cities at the Collectivity Talks – Ethical Cities panel discussion.

New South Wales (NSW)Sydney

People

Dermot Lowry joins Knight Frank as Partner, Head of Occupier Services

Knight Frank have announced the appointment of Dermot Lowry as Partner, Head of Occupier Services, Australia.

Tasmania (Tas.)Hobart

Featured Property

Industrial renovation: Hobart warehouse conversion

With over 816sqm of usable floor space, this warehouse space is waiting to convert someone’s industrial sized dreams into a residential reality. For sale by Marcus Freebody of LJ Hooker Hobart.

Northern Territory (NT)

The Economy

REINT's Quentin Kilian calls on government to address $1.2b property sales plunge in Northern Territory

Real estate sales in the Northern Territory have plummeted $1.2 billion in the three years since the height of the LNG boom, according to Real Estate Institute of Northern Territory (REINT) Chief Executive Officer, Quentin Kilian.

Queensland (Qld)

People

Ray White Commercial Queensland promotes young gun

After just four years at Ray White Commercial Queensland director Matthew Fritzsche has been promoted to partner at the leading 30 year old business.

National

Construction

New home sales tick upwards for first time this year

New home sales have increased for the first time this year, according to the Housing Industry Association (HIA) New Home Sales report.

Queensland (Qld)Sunshine Coast

Featured Property

‘Balmoral’: classic Australian homestead with European influences

Offering the ultimate in refined semi-rural living, this substantial, master-built home and acreage includes a macadamia orchard and cottage style gardens. For sale by Ann Ellison and Stuart Ellison of Zeb Realty.

National

The Economy

Sluggish weekend as two high profile properties fail to sell at auction

The infamous 'Taj on Swan' block, and Australia's 'ultimate horse property', have both been passed in at auction over the weekend, as the final week of July returned a preliminary clearance rate of 58.4 per cent across the combined capital cities.

Victoria (Vic.)

The Economy

Key infrastructure projects predicted to boost Geelong's capital growth

Rail duplication between South Geelong and Waurn Ponds, and the Melbourne Airport rail link are set to boost capital growth in Geelong, according to forecasters.

Queensland (Qld)Gold Coast

Featured Property

Exclusive Sanctuary Cove ‘Masters Enclave’ home

Nestled on the 14th hole of Australia’s only Arnold Palmer signature golf course, this presitigious residence is located within one of the Gold Coast’s most exclusive gated residential communities. For sale by Jordan Williams of JW. Prestige Agents.

Pages

News Roundup

http://reneweconomy.com.au/2015/us-giant-enters-australia-market-to-take-suburbs-off-the-grid-30744

US giant enters Australia market to take suburbs off the grid

The energy offshoot of US asset management giant Brookfield has signed a deal with property group LWP to build a new suburb near Newcastle that will not connect to the grid, in a move that could be a blueprint for more such development and shapes as one of the biggest challenges to the incumbent energy industry yet.

RenewEconomy

http://www.afr.com/real-estate/chiwayland-buys-epping-road-site-for-24m-20151105-gks3md

Chiwayland expands into Epping with $24m site

Upcoming property developer Chiwayland has splashed out $24.3 million on a 4422-square-metre site in Sydney's growing northern suburb of Epping. The Chinese-backed and Singapore-listed company plans to develop a 90-apartment project at 17-25 Epping Road. Construction is scheduled to begin in 2016 and completion is due by the end of 2017.

The Australian Financial Review

http://www.smartpropertyinvestment.com.au/opinion/14775-mitigating-the-legal-risks-of-property-development

Mitigating the legal risks of property development

Identifying, avoiding or mitigating legal risk can be complicated, though, because of the many different shapes a development scheme can take. The renovation and re-lease of existing commercial buildings presents different challenges than a project that begins with the purchase of raw land or one that involves off-the-plan sales.

Smart Property Investment

http://www.perthnow.com.au/news/western-australia/council-house-wins-institute-of-architects-national-award/news-story/99584752997c02c62639029a8f880aba

Love it or hate it, Council House wins big

On the eve of Open House Perth, the 52-year-old, 13-storey building which boasts 22,000 exterior LED lights has been named WA’s shining beacon in the 2015 Australian Institute of Architects’ National Architecture Awards in Brisbane. The Jeffrey Howlett and Don Bailey-designed modernist block took out the enduring architecture award.

Perth Now

https://www.google.com/url?rct=j&sa=t&url=http%3A//www.theaustralian.com.au/life/home-design/melbournes-luxury-real-estate-market-looks-set-to-boom-agents/story-fn6njxlr-1227597277683&ct=ga&cd=CAEYACoTNDE0NDc3NTU0NjgxMDM5MDM2MTIdYzc5ODEzNzNhNTQ5MjZlYTpjb20uYXU6ZW46QVU&usg=AFQjCNHlH4FXwQ9NDCiFCFAr8qVmZkz7Iw

Melbourne's luxury real estate market looks set to boom: agents

Melbourne’s prestige property market is set for a flurry of activity over summer and into next year as buyers see value in a market that has begun recovering from its post-GFC lethargy. But experts warn further volatility in the equities markets could put a damper on buyer hunger for homes worth $5 million and above, while reducing corporate profits will also have an impact.

The Australian

http://www.dailymail.co.uk/news/article-3308673/Australia-s-suburbs-homes-TRIPLED-value-decade-savvy-owners-rich-buy.html

Australia's top suburbs where homes have tripled in value in a decade

Australia's biggest 'boom' suburbs have been revealed, with some owners who snapped up property in these postcodes having seen the price of their home more than triple is just years. Centennial Park was the biggest improver, where housing prices more than tripled from $965,000 to $4,250,000.

Daily Mail

https://au.finance.yahoo.com/news/news-corp-bets-digital-growth-011817431.html

News Corp bets on digital for growth

Rupert Murdoch's News Corp is depending on its digital property listings business for future earnings growth, as revenues from its news business continue to slide.

Yahoo 7 News

http://www.propertywire.com/news/australasia/australia-home-owners-outlook-2015110611178.html

Majority of home owners in Australia concerned about property values

More than two thirds of Australians are concerned that Australia’s housing is vulnerable to a significant correction in values, according to the latest housing sentiment survey. Some 68% of respondents to the September CoreLogic RP Data TEG survey said they believe the housing market is vulnerable to a significant correction in values.

Property Wire