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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.

Victoria (Vic.)Melbourne

The Economy

First-home buyers concession a 'boon' in regional Melbourne

New data from the Real Estate Institute of Victoria (REIV) shows regional Melbourne is outstripping the inner city suburbs, partly thanks to the first-home buyers concession.

Queensland (Qld)Brisbane

The Economy

South East Queensland - good news with a cautionary note

The South East Queensland market appears to be settling after a period of overbuilding in Brisbane, says Dan Holden, Principal at HoldenCAPITAL Partners.

Pages

News Roundup

http://www.news.com.au/realestate/buying/average-aussies-negatively-gear-property/story-fni0catf-1227606550650

Average Aussies negatively gear property

Cleaners, hairdressers, nurses, teachers and emergency service workers are among the hordes of low to middle-income earners negatively-gearing property in Australia, surprising new figures show.

news.com.au

http://www.heraldsun.com.au/realestate/news/melbourne-vic/capitol-grand-apartment-expected-to-set-australian-record-price/news-story/d8709fdf1ecfd377db35acf61efad278

Capitol Grand apartment expected to set Australian record price

The record for Australia’s most expensive apartment is set to tumble before year’s end, the man inking contracts for the six-star Capitol Grand skyscraper says.

Herald Sun

http://www.dailytelegraph.com.au/realestate/buying/welcome-to-the-era-of-the-1-million-block/story-fni0cate-1227604656636

Welcome to the era of the $1 million block

No kitchen, no bathroom — no worries. These well-placed properties are asking more than $1 million, but where’s the house?

The Daily Telegraph

http://www.marketwatch.com/story/how-to-use-a-reverse-mortgage-to-protect-your-retirement-income-2015-11-11

How to use a reverse mortgage to protect your retirement income

A growing body of research is showing that homeowners of all stripes should consider using a reverse mortgage in conjunction with their portfolio-withdrawal strategy. Such loans, where you borrow from the equity in your home, can help you preserve your nest egg, leave a legacy, or both.

Market Watch

http://www.afr.com/real-estate/unhappy-first-birthday-on-the-bourse-for-simonds-as-housing-is-shunned-20151109-gku7np

Unhappy first birthday on bourse for Simonds

Homebuilder Simonds is about to mark its first year of trading as a publicly listed company with a share price that has shed value and a chief executive who is on the way out. The company chairman Gary Simonds founded in 1949 – and which makes one-third of its profit from vocational training – is further dogged by negative sentiment towards the private education sector.

The Australian Financial Review

http://www.sunshinecoastdaily.com.au/news/consecutive-award-win-shows-company-is-a-builder-w/2834674/

Second award win shows this building company's got Clout

A superbly designed and custom built home at Noosa Heads has featured in the Housing Industry Association's annual Sunshine Coast/Wide Bay Housing Awards. Paul Clout Design took out Sunshine Coast Home of the Year for the second year in a row at the awards, held at Novotel, Twin Waters on Friday.

The Sunshine Coast Daily

http://www.afr.com/real-estate/residential#ixzz3rArKiHqV

Mirvac and Lendlease top Melbourne sales charts

Listed developers Mirvac Group and Lendlease are riding Melbourne's outer suburban new housing boom with their residential communities topping the sales charts over the September quarter, according to the National Land Survey Program.

The Australian Financial Review

http://www.bloomberg.com/news/articles/2015-11-10/chinese-millionaires-snub-new-australian-stocks-for-visa-program

Chinese Millionaires Snub New Australian Stocks-for-Visa Program

Chinese millionaires, who happily invested in Australian bonds and real estate to get residency visas, are turning up their noses at small-cap stocks. Just 19 people have sought permits since Australia overhauled requirements for its investor visas in July by forcing applicants to put at least A$1.5 million ($1.1 million) of the A$5 million they need to spend in the country into smaller equities and another chunk into venture capital.

Bloomberg