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Howard Smith Wharves development to breathe new life into Brisbane river

Brisbane's derelict Howard Smith Wharves site will soon be unrecognisable, with the development of the $200 million riverside restaurant and hotel complex underway.

Western Australia (WA)Perth

People

Award-winning Perth agent Sam Bevan joins Realmark Coastal

After winning the Elite Agent 2018 Program, Sam Bevan decided to make a career change and become a real estate agent at Realmark in Perth, WA.

Victoria (Vic.)Melbourne

Featured Property

Brand new Toorak family residence featuring cutting edge wellness technology

For sale by Oliver Booth and Abby Innes of RT Edgar Toorak, who told WILLIAMS MEDIA, “This is the first home in Australia with 'wellness package', which purifies the water and air throughout the house.”

Victoria (Vic.)

People

Two finalists announced in Senior Auctioneering Competition

Luke Banitsiotis of Woodwards Blackburn and Michael Wood of Marshall White were announced as finalists in the REIV 2018 Senior Auctioneer of the Year finals yesterday afternoon.

National

Design

ToopTech driving change in real estate technology

With national accolades for their work in the technology space, Toop&Toop is changing the way buyers, sellers, landlords and agents manage real estate transactions and properties.

Queensland (Qld)Brisbane

People

Queensland Sotheby's International Realty welcomes new auctioneer Gavin Croft

The Brisbane market is beginning to take on a more sophisticated approach to its auction culture, according to Gavin Croft.

Queensland (Qld)Brisbane

Featured Property

Grand Chandler estate set on sprawling outdoor space with rolling lawns and hedgerows

This impressive seven-bedroom Georgian-inspired residence is for sale through Sarah Hackett of Place Bulimba.

National

The Economy

Federal Budget holds good news for buyers and sellers

While the 2018 Budget had no measures specifically addressing housing supply and affordability, the Budget's approach recognised the state of the property market, according to the Real Estate Institute of Australia (REIA).

New South Wales (NSW)Sydney

People

Women dominate novice auctioneering competition

An all female final is looming at the 2018 Real Estate Institute of New South Wales (REINSW) Novice Auctioneers Competition for the first time, according to the REINSW.

National

Design

Housing affordability driving Aussies to spend up big on styling

Australians are spending more money than ever on styling their homes to compensate for being unable to afford their dream home, a recent survey from ME Bank has revealed.

Pages

News Roundup

http://www.mortgagebusiness.com.au/breaking-news/8916-tens-of-thousands-switching-out-of-investor-loans?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter18_09_2015&utm_medium=email

‘Tens of thousands’ switching out of investor loans

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the market adjusts to two-tiered pricing.

Mortgage Business

http://www.afr.com/real-estate/residential/yuan-devaluation-makes-australian-canadian-property-more-affordable-20150916-gjoaoi

Yuan devaluation makes Australian, Canadian property more affordable

The number of Chinese buying overseas homes will slow rapidly this year, according to Mandarin-language property portal Juwai.com, but Australia is seeing an uptick in inquiries due to Beijing's recent currency devaluation.

The Australian Financial Review

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/cbre-global-investors-eyes-off-docklands-tower-in-melbourne/story-fnko7zi0-1227530817885&memtype=anonymous

CBRE Global Investors eyes off Docklands tower in Melbourne

CBRE Group’s investment management unit is close to making its entry into Australia’s direct property market, with the business eyeing the purchase of the South Wharf office tower in Melbourne in a deal worth about $145 million.

The Australian

http://www.nytimes.com/2015/09/15/t-magazine/cabin-homes-new-american-dream.html?smid=fb-nytimes&smtyp=cur&_r=0

Cabins, the new American Dream

According to legend, the cabin and the shack are ideal launchpads for remarkable lives, but lately they’ve become homes to aspire to — particularly for overburdened types whose acquisitive binging has made them want to purge.

The New York Times

http://www.adelaidenow.com.au/news/national/foreign-students-buying-mansions-in-australia-ato-launches-investigation/story-fnii5s40-1227530802706

Study visa no ticket to buy Oz property

Foreign students with seemingly minimal money are buying plush mansions worth up to $5 million under laws that allow temporary residents to buy a property in Australia.

The Daily Telegraph

http://therealdeal.com/blog/2015/09/16/fundrise-expands-abroad-in-big-move-for-crowdfunding-industry/

Fundrise expands abroad in big move for crowdfunding industry

Real estate tech startup Fundrise expanded to Australia, Britain and Canada, becoming the second leading U.S. crowdfunding platform to tap into overseas capital markets.

The Real Deal

http://www.afr.com/real-estate/goodbye-percentage-commission--hello-flat-9990-fee-to-sell-your-home-20150915-gjmx1e#ixzz3lqvXjloj

Goodbye percentage commission – Hello flat $9990 fee to sell your home

Property agents Hello Real Estate have launched a flat fee of $9990 for selling homes. Hello, which is based in Sydney but also operates in South Australia and Victoria, has done away with commission-based selling and will sell an apartment or a house for the same flat fee which includes an "independent valuation" and conveyancing.

The Australian Financial Review

http://www.heraldsun.com.au/news/malcolm-turnbull-australias-property-rich-politicians/story-fnu4we2b-1227528275462

Malcolm Turnbull: Australia's property rich politicians

When Malcolm Turnbull takes on the role of Australia’s 29th Prime Minister, he also becomes the richest person to ever hold the post. Estimated to be a millionaire 180 times over, Mr Turnbull’s riches follow the path of many Aussie families whose net worth has rocketed off the property boom.

Herald Sun