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Victoria (Vic.)

The Economy

Victoria to have biggest auction weekend in seven months

With more than 1000 auctions planned across the state, Victoria’s property market is jumping into spring

National

Design

Short term rentals grow 47% as hospitality and property industry feel impact

Short term rentals have taken the Australian property industry by storm, according to accommodation managers, MadeComfy

National

People

Real estate training set for changes

Changes to the Real Estate Training Package will streamline qualifications to ensure they are more suited to the ever-changing work requirements of our industry, now and into the future, says REINSW.

New South Wales (NSW)Sydney

Featured Property

Flair and finesse with Middle Harbour views

This as new contemporary home offers everyday opulence with flexible family living spaces and premium appointments throughout. For sale by Maria Cassarino and Julian Rowe of Stone Real Estate Seaforth.

National

The Economy

Residential property prices fall in June quarter, but there are positive signs for Sydney and Melbourne markets

Residential property prices fell 0.7 per cent in the June quarter, according to figures released this week by the Australian Bureau of Statistics.

The Economy

Perth's top ten most affordable coastal suburbs to rent

Data from the Real Estate Institute of Western Australia has revealed the top ten most affordable coastal suburbs to rent are all under $300 a week.

The Economy

Buyer demand set to strengthen for inner-city Brisbane, says SPACE Property

Brisbane’s inner-city precinct will be the strongest performing sector in the Queensland capital’s property market in coming years, according to SPACE Property.

People

Belle Property expands Sydney footprint with Rhodes office

Belle Property has strengthened its stronghold on Sydney’s property market, opening a new office in the high-density waterside suburb of Rhodes led by Principals Sophia Zhou and Jason Bi.

The Economy

Why Attadale is one of the undervalued gems of Perth

It may benefit from picturesque natural surroundings and proximity to a range of amenities, but the Perth suburb of Attadale is still flying under the radar of buyers, according to Mack Hall Real Estate's Nick Wallace.

Queensland (Qld)

Construction

New smart contracts to make Queensland 'one of the most attractive property destinations in the world', says REIQ

The Real Estate Institute of Queensland (REIQ) has announced the launch of the world’s first fully digitised residential tenancy agreements.

Pages

News Roundup

http://www.wsj.com/articles/once-ignored-properties-gain-favor-in-australia-1474377664

Once-ignored properties get a second look in Australia

Colleges, hospitals get new attention thanks to infusion of capital from foreign investors, lack of supply.

The Wall Street Journal

http://www.abc.net.au/news/2016-09-20/tipperary-station-50-per-cent-ownership-jason-yeap/7860472

Melbourne developer Jason Yeap draws multiple investors to buy 50% of Tipperary Station

A group of investors from Australia and Hong Kong has paid over $49m for a 50% stake in the Tipperary Group of Stations.

ABC

http://www.property-report.com/weak-australia-uk-currencies-lure-malaysian-investors/

Weak Australia, UK currencies lure Malaysian investors

The relative strength of the ringgit against the Australian dollar has empowered Malaysian investors to acquire property here, according to Jones Lang LaSalle.

Property Report

http://www.afr.com/real-estate/residential/vic/discovery-expects-30m-for-melbourne-caravan-park-20160919-grjcsn

Discovery expects $30m for Melbourne caravan park

Australia's largest holiday park operator, Discovery Parks, is selling its only Melbourne site as a future townhouse development, and expects to fetch more than $30m.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/sales/ski-hole-mt-hotham-to-sell-1900sqm-village-site-for-commercial-development-20160726-gqe4rd#ixzz4KgSMVJsu

Ski hole: Mt Hotham to sell 1,900sqm village site for development

The management board of Mt Hotham is selling a 1,905sqm development site in the Victorian ski resort's main village.

The Australian Financial Review

http://www.afr.com/real-estate/brisbane-apartments-sales-slow-prices-fall-20160919-grje0d

Brisbane apartments sales slow, prices fall

Apartment construction and demand have started to slow in Brisbane, property consultants Urbis say.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/pubs-sales-slow-to-a-trickle/news-story/de8cb0e0d3ef2f12bb47e6fec8a46a47

Pubs sales slow to a trickle

The number of inner-city pub sales in Sydney’s CBD has slowed to its lowest in years, as owners hold on to the valuable assets and banks restrict lending to the sector.

The Australian

http://www.theaustralian.com.au/business/property/starryland-australias-parramatta-site-draws-local-buyers/news-story/1886aca5d0d66538c3c2cb5d90e3eff1

Starryland Australia’s Parramatta site draws local buyers

Local buyers have picked up the slack left by the clampdown on foreign buyers in the latest round of apartment sales in the western Sydney hub of Parramatta.

The Australian