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Featured Property

From creche to contemporary Carlton pad

A first-floor apartment in the building that previously housed Melbourne's first crèche is for sale through Andrew Lusi and Terri Thompson of Woodards Carlton.

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

The Economy

Twenty per cent of Newcastle sales from Sydney buyers: PRDnationwide

Newcastle real estate is benefiting from new transport infrastructure and Sydney affordability pressures, says John Church of PRDnationwide Newcastle.

International

People

Beyoncé and Jay-Z buy over-the-top Bel Air mansion

Beyoncé and Jay-Z have been long-term renters in Los Angeles, but are plunging into the market with the purchase of a $113 million Bel Air mansion, billed the most expensive sale of the year.

National

People

Get to know Lisa Merkesteyn, architect at Carter Williamson

Lisa Merkesteyn, project director of Carter Williamson Architects, talks to SCHWARTZWILLIAMS about her love of architecture, and about growing interest in 'green' buildings.

New South Wales (NSW)Sydney

Featured Property

Industrial luxury on a grand scale in Balmain

Like a New York townhouse, this impeccable Balmain home, designed by Carter Williamson Architects, is a timeless contemporary adaption of its industrial heritage. The home is for sale through Monique Dower and Rita Lopresti of Belle Property Balmain.

International

Construction

Twinpalms Residence MontAzure proving popular with Aussie investors

The MontAzure marketing team has noticed the beachfront condominiums have seen a marked uptick in interest from Australian buyers, particularly during the school holidays and since the dollar has gained ground.

International

People

Raine & Horne announces Fiji expansion

Australian property giant, Raine & Horne, has launched Raine & Horne Fiji, and has flagged further expansion in the region.

Victoria (Vic.)Melbourne Collingwood

Featured Property

Traditional terrace on the outside, modern functionality on the inside

Barkly House, built in 1890, is for sale by Simon Shrimpton and Danielle Reynolds of Jellis Craig Fitzroy.

Queensland (Qld)

People

Justin Nickerson takes home REIQ auctioneering prize for a record fourth time

Justin Nickerson, the REIA's reigning Australasian auctioneering champion, has won the Queensland heats for the fourth time, putting him in the running to defend his national title.

The Economy

HILDA report puts declining rates of home ownership for young Australians in clear view

The 2017 HILDA report reveals income stagnation in Australia, and declining rates of home ownership for young Australians.

Pages

News Roundup

http://www.stuff.co.nz/business/money/67032939/mortgage-debt-tops-200-billion

NZ mortgage debt tops $200 billion

Kiwis' mortgage debt has officially climbed past $200 billion, a mountain of borrowing which has doubled in the space of 10 years.

Stuff.co.nz

http://www.couriermail.com.au/realestate/youve-found-the-home-of-your-dreams-but-theres-no-price-tag-how-do-you-work-out-what-to-offer/story-fnihpmzi-1227257161613

You’ve found the home of your dreams, but there’s no price tag, how do you work out what to offer?

Not every seller wants to show their hand and in Queensland agents are not allowed to give price guides for properties going to auction. So how do you figure out just how much it is worth?

Courier Mail

http://www.afr.com/p/superannuation_savings_used_for_GQf6R5lLca2wuML7rjDxsN

Superannuation savings used for house purchases works in Singapore

In Singapore, an individual's super contributions are distributed between three separate accounts: an ordinary account that can be used to buy property and cover education costs; a medisave account that can be used to meet hospital and medical expenses; and a special account that is dedicated to expenses incurred in old age.

The Australian Financial Review

http://www.reuters.com/article/2015/03/06/australia-resources-impact-idUSL4N0W03QO20150306

Layoffs and empty streets as Australia's boom towns go bust

"For Lease" signs are everywhere in West Perth, the headquarters of many mining, oil and gas companies. The real estate market has also been hit in the coal country of Queensland.

Reuters

http://www.geekwire.com/2015/beyond-video-games-how-virtual-reality-is-transforming-real-estate/

How virtual reality is transforming real estate

Real estate developers and leasing agents are turning to virtual reality to let prospective buyers experience a space even when a building is still under construction, or has yet to break ground.

Geek Wire

http://www.forbes.com/sites/erincarlyle/2015/03/05/the-20-richest-real-estate-tycoons-on-the-2015-forbes-billionaires-list/

Real Estate Tycoons On The 2015 Forbes Billionaires List

Of the 20 richest property moguls in the world, more than half (12) hail from Asian-Pacific nations. Seven are from Singapore, three from China, and one each from Singapore and Taiwan. Four of the wealthiest 20 property billionaires are American, three are from the U.K., and one is from the United Arab Emirates.

Forbes

http://www.news.com.au/finance/real-estate/were-interest-rates-not-cut-because-of-the-property-market/story-fndban6l-1227249202996

Were interest rates not cut because of the property market?

On the ground, real estate agents in Sydney and Melbourne saw a frenzied market in February but said it wasn’t just because of the record low rates.

news.com.au

http://www.nytimes.com/2015/03/06/greathomesanddestinations/in-hidden-real-estate-market-in-london-secret-agents-know-their-turf.html?_r=0

London's secret real estate market

There are more homes and apartments for sale in London than meet the eye in a sort of “secret” market. “Some people are reluctant to let their peers, professional or social, know they are looking for a property, and they don’t want the world to know about their wealth — or lack of it. Operating off market means they do not leave a digital footprint with images in agents’ windows and on property portals.”

The New York Times