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Featured Property

Gold Coast Treasure Island of bespoke luxury for sale by Sotheby's Queensland

'Villa Blue Waters' features a 373sqm private, straight line super yacht marina, the largest of its kind in Australia, providing a weather-safe haven for yachts up to 200 feet and a private Waterscape mobile heliport. For sale by Carol Carter, Sotheby's International Realty Queensland.

Northern Territory (NT)Darwin

People

Architect owned and designed townhouse in Darwin's exclusive Fannie Bay open for 12-hour inspection today

Karl Secondis of One Real Estate, Darwin, has been a successful agent for more than 20 years. Today he is trying something new: his property at 1/34 George Crescent, Fannie Bay, is open for inspection from 7am until 7pm.

International

People

The wealthy increasingly look to smart technology to secure their homes

The super wealthy are more concerned than ever about their safety, according to new research by Luxury Portfolio International contained in the Global Luxury Real Estate Report 2017.

Western Australia (WA)

People

REIWA's Information Service line has received more than 14,000 calls this year

Wondering what the most common real estate questions are?

New South Wales (NSW)Sydney

Featured Property

World-class holiday home, Palm Beach, for sale by LJ Hooker

Offering deep beachfront decks on three floors, this residence comprises a series of fluid living spaces – all visually connected, yet providing discreet and private areas for family and guests. For Sale by David Edwards LJ Hooker Palm Beach.

New South Wales (NSW)Sydney

Politics

Lucy Turnbull unveils vision for Sydney to be split into three cities

Lucy Turnbull has unveiled the Greater Sydney Commission’s draft plans for Sydney.

New South Wales (NSW)Sydney

People

Get to know John Normyle, conservator and moderniser of the Paddington terrace house

John Normyle has worked and lived in Sydney's Paddington for more than 40 years, and has specialised in preserving and modernising the suburb's iconic terrace houses.

Victoria (Vic.)

People

Richard Simpson elected REIV President

Richard Simpson has been elected the 2017-18 President of The Real Estate Institute of Victoria.

Victoria (Vic.)Melbourne

Featured Property

Imposing 1930s family residence for sale by RT Edgar Toorak

This 1,616sqm Toorak estate set in stunning established garden surrounds and with a north-south championship-sized tennis court, is for sale by Jeremy Fox and Tim Wilson of RT Edgar Toorak.

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

The Economy

A tale of two markets: Sydney's Upper and Lower North Shores

While the Sydney property market is plateauing, prices, numbers at open homes, and auction clearance rates in some areas have been hit harder than others, say agents.

Pages

News Roundup

http://www.dailytelegraph.com.au/realestate/news/heritage-homes-back-in-demand-for-perth-homebuyers/story-fni0ckze-1227373169960

Heritage homes back in demand for Perth homebuyers

Character homes are continuing to demand big premiums from Perth buyers, despite a slowdown in the rest of the market. From 1900s Victorian brick homes to classic weatherboard cottages, heritage homes are transfixing Perth buyers. While the average house sits on the market for 77 days — the longest in the country — houses with quality character features are continuing to outperform, estate agents say.

The Daily Telegraph

http://www.businessinsider.com.au/the-property-boom-has-made-harry-triguboff-4-73-billion-in-a-single-year-2015-5

The property boom has made Harry Triguboff $4.73 billion in a single year

Australian apartment developer Harry Triguboff added $4.73 billion to his total wealth over the last 12 months, bringing his net worth to $10.23 billion.

Business Insider Australia

http://www.nytimes.com/2015/05/17/realestate/want-a-green-card-invest-in-real-estate.html

Want a Green Card? Invest in Real Estate

Investing in real estate projects in exchange for legal immigration status has become big business in New York City.

The New York Times

http://www.theaustralian.com.au/business/property/avjennings-buys-waterfront-place-in-port-melbourne/story-fn9656lz-1227370361671

AVJennings buys Waterfront Place in Port Melbourne

Listed developer AVJennings is rapidly expanding its development pipeline across Australia, with the group yesterday announcing the purchase of the Waterfront Place project in Port Melbourne, which will have a $500 million end value.

The Australian

http://www.smh.com.au/business/masterchef-star-george-calombaris-gazi-and-press-club-property-up-for-sale-20150526-gh9xnd.html

Gazi and Press Club on market for $9M

One of Melbourne's best-known dining destinations is on the market. The property is part of heritage-listed former Herald and Weekly Times building which was redeveloped into the 40-storey Ernst & Young office tower. Other tenants include CBRE, Charter Keck Cramer, ISPT, Jones Lang LaSalle, NAB Private Wealth, Polycom and Qantas.

The Age

http://www.worldpropertyjournal.com/real-estate-news/australia/sydney-real-estate-news/asia-commercial-property-investment-report-2015-asia-pacific-capital-markets-may-2015-japan-real-estate-investment-australia-real-estate-investors-india-property-investors-9113.php

India Rising as Australia, Japan Dominate Commercial Investment Activity in 2015

According to Knight Frank's Asia-Pacific Capital Markets May 2015 report, overall commercial real estate investment continued apace in the second half of 2014, with volumes (excluding land sales) hitting US$72 billion - a seven-year high and only marginally below the US$74 billion of H2 2007. A significant weight of capital continues to be concentrated on Japan and Australia.

World Property Journal

http://www.businessspectator.com.au/news/2015/5/26/mergers-acquisitions/blackstone-ponders-joining-mirvac-tilt-investa

Blackstone ponders joining Mirvac in tilt for Investa

New York-based private equity firm Blackstone is considering partnering with Mirvac Group for a joint tilt at the $8.9 billion Investa Property Group. Blackstone and Mirvac had recently held tentative discussions about a joint venture, which would see the listed domestic trust taking control of the management rights to Investa’s sprawling real estate platform, sources said.

Business Spectator

http://www.theaustralian.com.au/life/first-home-woes-cashed-up-investors-jump-the-queue/story-e6frg9zo-1227364898952?sv=3b1a64051da75682e0f85062359e4eb4

First-home woes: cashed up investors jump the queue

In the market for their first home, Michelle Moore and Luke Caruana don’t think foreign investors are their biggest competition for an apartment in Cronulla, the beachside suburb in Sydney’s south. Moore says it is unfair that older investors can buy property by borrowing from their self-managed super funds, which are treated more favourably for tax purposes.

The Australian