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New South Wales (NSW)Sydney

Design

Real estate agency wins award for architectural vision

LJ Hooker | Artarmon has been recognised for the architectural design of their office at the 2018 Sydney Design Awards.

New South Wales (NSW)

Featured Property

World class Byron Bay sanctuary features stunning ocean views

Set on a large private estate, this contemporary residence enjoys leisure facilities for every occasion. For sale by Nick Dunn and Ian Daniels of McGrath Byron Bay.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

Auction volume doubles resulting in success for buyers and sellers alike

CoreLogic's Property Market Indicator has revealed auction volumes more than doubled week-on-week across Australia's capital cities, after last week's long weekend lull.

Western Australia (WA)Perth

The Economy

The most popular suburbs for rentals in Perth: REIWA

White Gum Valley, Scarborough and Shenton Park are among the 10 Perth suburbs where landlords are finding tenants for their rental properties the fastest, according to data released from the Real Estate Institute of Western Australia (REIWA).

National

People

Real Estate Industry on Pathway to Professionalism

The Real Estate Institute of Australia (REIA) is in the process of creating a National Professional Standards Scheme for the Real Estate Industry.

Victoria (Vic.)Melbourne

Featured Property

La Vignetta: Tuscan lifestyle in Melbourne’s Park Orchards

This custom designed Italian villa enjoys leafy views and its own boutique vineyard. For sale by Theo Politis and Spiro Drossos of Barry Plant Doncaster East.

Tasmania (Tas.)Hobart

People

Carlton Heres wins 2018 REIT Senior Auctioneer Competition

Carlton Heres has taken out the top award at the 2018 Real Estate Institute of Tasmania (REIT) Senior Auctioneer Competition held overnight.

New South Wales (NSW)Sydney

People

Get to know Charlie Yankos, former Socceroos skipper turned real estate partner

He may not be playing these days but when it comes to property in the tightly held market south of Sydney, international soccer champion Charlie Yankos never takes his eye off the ball.

New South Wales (NSW)Sydney

Featured Property

Josie: Hunters Hill sandstone cottage c1876 with old and new appeal

The light-filled modern extension to this classic Sydney home complements the charming original features. For sale by Tracey Dixon and Lee Dowdall of McGrath Hunters Hill.

Queensland (Qld)Brisbane

The Economy

Off-the-plan apartment price hike in Brisbane

The average price of off-the-plan apartments in Brisbane's CBD has seen a dramatic rise over the last 12 months, according to the latest report by Place Advisory.

Pages

News Roundup

http://www.dailytelegraph.com.au/newslocal/city-east/a-maroubra-house-has-sold-for-105-million/story-fngr8h22-1227566114719

A Maroubra house has sold for $10.5 million

A new suburb record has been set in Maroubra with the sale of a $10.5 million home, smashing the previous record and becoming the highest residential sale in the southeast to date. The property was bought by a Chinese buyer.

The Daily Telegraph

https://sourceable.net/property-professionals-short-supply/

Property Professionals in Short Supply

Professionals within the property sector in Australia are in short supply as strengthening real estate markets spur greater levels of demand for talent and a combination of low salaries and the intense nature of the work drives candidates toward other industries, a new report states.

Sourceable

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=http%3A//www.theaustralian.com.au/business/property/westfield-us-float-by-next-year-ubs/story-fn9656lz-1227566609792&memtype=anonymous

Westfield US float by next year: UBS

Shopping centre giant Westfield Corporation will probably list in the US by late next year according to analysts at investment bank UBS, but fund managers do not expect an immediate impact on their portfolios.

The Australian

http://www.phuketgazette.net/phuket-property/Phuket-real-estate-shrugs-off-Bangkok-slowdown/62127#ad-image-0

Phuket real estate shrugs off Bangkok slowdown

In terms of property, Phuket seems to be worlds away from Bangkok, where the market has experienced a slowdown, mostly because the island is more affected by events outside of Thailand than inside the Kingdom, Robert Collins, managing director of Savills (Thailand), said earlier this week.

Phuket Gazette

http://www.theaustralian.com.au/business/property/hot-property-going-but-heat-not-quite-gone-from-home-market/story-fniz9vg9-1227565323851

Hot property: Going, but heat not quite gone from home market

Strength in the Sydney and Melbourne housing markets held up at the weekend despite expectations of another downturn, with more than 1700 homes sold at auction. Sydney had an October record of 1141 auctions last week, with clearance rates of 72.8 per cent, according to CoreLogic RP Data. Melbourne had 1358 auctions, 74 per cent finding a buyer.

The Australian

http://www.businessspectator.com.au/article/2015/10/9/australian-news/why-banks-just-want-our-houses

Why the banks just want our houses

A funny thing happened to business lending on the way from the GFC. Australia’s banks turned into giant building societies, lending almost exclusively against residential property and rarely, if ever, making unsecured loans to businesses or people any more. If someone asks for a business or personal loan these days, the banker asks for the house.

Business Spectator

http://www.heraldsun.com.au/realestate/news/perths-property-market-is-the-second-most-overvalued-in-australia/story-fni0ckzd-1227564483654

Perth's property market is the second-most overvalued in Australia

Perth is the second-most overpriced property market in Australia despite falling house prices – and remains more overvalued than even booming Melbourne, according to a national property report. Perth property is overvalued by 27 per cent and is ranking just below Sydney to take the title for the most overpriced city in Australia, according to SQM Research’s Housing Boom and Bust report, which will be officially released on Tuesday.

Perth Now

http://www.vancouversun.com/business/tories+promise+private+land+ownership+reserve/11427488/story.html?__lsa=dd77-f136

Canadian conservatives consider Aussie approach to foreign ownership

If re-elected, the Conservative government of Prime Minister Stephen Harper would consider adopting Australia’s approach to deal with foreign investors driving up the price of real estate in cities like Vancouver.

Vancouver Sun