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Victoria (Vic.)Melbourne

Featured Property

A beautiful home built around a serene pool and garden is for sale

A luxurious sanctuary in Toorak is for sale by Marcus Chiminello and Nicole French of Marshall White.

Western Australia (WA)

Politics

‘Long overdue’ WA strata title reform welcomed by industry leaders

Leading industry bodies, including the Real Estate Institute of Western Australia, have welcomed the Western Australian State Cabinet's decision to continue with strata title reforms.

National

The Economy

CoreLogic numbers dispel smashed avo theory

The 20% deposit and stamp duty required to buy a house in Sydney is $158,933, based on new CoreLogic data. That's equivalent to 20 years' worth of smashed avo.

International

People

Robert Downey Jnr buys historic windmill in the Hamptons

Robert Downey Jnr has bought a 19th-century 'windmill house' in the Hamptons.

Western Australia (WA)Perth

Featured Property

New York-style warehouse apartment in Perth CBD

This historic warehouse conversion, designed by Scanlan Architects, has city views and spans an entire floor on King Street in Perth's CBD. It is for sale by Richard Mathlin and Callum Davidson of Knight Frank.

The Economy

Six common mistakes developers make when securing finance

Dan Holden of HoldenCAPITAL outlines the common mistakes developers make when they are securing construction finance.

New South Wales (NSW)Sydney

The Economy

New home completions beat 1971 record, but will it be enough?

A record number of new homes were built in Sydney in the year to February, but John Cunningham, president of the REINSW, says more needs to happen in NSW to alleviate affordability pressures.

Victoria (Vic.)

The Economy

Regional Victoria offering higher returns than Melbourne

Rental returns in regional Victoria are higher than in Melbourne. We take a look at the best yielding towns in regional Victoria.

New South Wales (NSW)

Featured Property

Waterfront home for sale with direct access to Cammeray marina

An architect-designed waterfront home with DA-approved plans for an extension is for sale with Anthony Cowie of LJ Hooker Mosman.

International

The Economy

How do currency fluctuations affect demand for local property from overseas buyers?

Property sellers should be aware that a weaker Australian dollar may make buyers from overseas feel that Australian property is cheap, says currency broker TorFX.

Pages

News Roundup

http://www.bostonglobe.com/news/politics/2015/01/27/mitt-romney-began-building-expensive-homes-after-his-loss-part-real-estate-makeover/CeKp2sd0JcWA6URLhmJzxM/story.html

Romney's real estate

After losing his bid for the U.S. presidency, Mitt Romney went on a real estate spree, building two multimillion-dollar homes in La Jolla, California and another outside Salt Lake City, Utah, as well as buying a slope-side ski chalet in Park City, Utah.

Boston Globe

http://realestate.ipe.com/news/investors/apg-to-take-luxury-student-housing-model-to-australia/10006373.article

Luxury student-housing model coming to Australia

The Netherlands’ largest pension fund asset manager, APG, has provided an initial AUD220 million to invest in developing luxury student housing in Australia with the help of UK-based developer Scape Student Living. The joint venture has already acquired two development sites in Melbourne close to RMIT University.

IP Real Estate

http://www.smh.com.au/business/property/australian-reits-start-the-year-with-a-bang-20150127-12wxlm.html

Good start to 2015 for Australian REITs

The Australian real estate investment trust sector has completed more than $510 million of deals and capital raisings in the first week of 2015.

The Sydney Morning Herald

http://www.afr.com/p/business/property/crown_group_boosts_apartment_billion_br6hSTPOCxrwDBxd7U612J

Crown Group plans Ashfield apartments

Privately-owned property developer Crown Group plans to use the site of an office building it purchased in 2003 in Ashfield, Sydney to construct an $88 million apartment tower.

The Australian Financial Review

http://www.mortgagebusiness.com.au/breaking-news/8101-state-gov-warns-of-bogus-bankers?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter28_01_2015&utm_medium=email

Warning about fraudulent bank calls

NSW Fair Trading commissioner Rod Stowe has warned people about bogus callers claiming to be from some of Australia’s biggest banks falsely advising consumers they are victims of fraud.

Mortgage Business

http://www.marketwatch.com/story/the-process-of-getting-a-mortgage-may-move-completely-online-2015-01-27

Online mortgage process may be the future

A U.S. survey has found that many borrowers would rather not visit a bank and prefer if the entire mortgage process moved online.

MarketWatch

http://www.dailytelegraph.com.au/newslocal/city-east/jessica-rowe-brian-white-and-judy-nunn-among-eastern-suburbs-residents-honoured/story-fngr8h22-1227196943854

Australia Day honors for Brian White

Ray White Group chief Brian White has been appointed an Officer of the Order of Australia for distinguished service to business through leadership in the real estate, professional services and property industries. He has also been honoured in the arts as a patron and donor.

The Daily Telegraph

http://www.afr.com/p/business/property/blackstone_dalian_wanda_strike_gold_NdEThNMKer7oEf1rtIgFeP

Dalian enters Sydney market

Chinese developer Dalian Wanda will enter the Sydney market for the first time with a Circular Quay development that will feature luxury apartments, a five-star hotel and retail complex.

The Australian Financial Review