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Featured Property

Striking Sunshine Coast beachfront oasis

Perched on one of the largest absolute beachfront land parcels on the Sunshine Coast, this stunning home boasts amazing views and a resort-size pool featuring the ultimate slide. For sale by Milan Markanovic of Tom Offermann Real Estate Noosa Heads.

National New South Wales (NSW)

Politics

Dentons and Colliers achieve landmark NSW sale

Dentons advised on all aspects of the collective sales process and handled the Land and Environment Court proceedings, while Colliers International agents Gus Moors and Karen Wales marketed 252 Sussex Street through an International Expressions of Interest campaign.

National

The Economy

Housing finance figures show slight growth

Real Estate Institute of Australia President Adrian Kelly said overall the figures for June 2019 show, in seasonally adjusted terms, that the number of owner-occupied finance commitments excluding refinancing increased by 0.4 per cent.

Victoria (Vic.)

People

Better Homes and Gardens Real Estate opens Richmond office

The footprint for Better Homes and Gardens Real Estate continues to grow with the opening of the first Victorian office in Richmond.

Queensland (Qld)

People

Ray White members descent onto Queensland for Ignite 2019

Queensland's Ignite 2019 program brought together over 700 Ray White Group members for a day of training and advice on how to navigate current market conditions.

New South Wales (NSW)Sydney

Featured Property

Found: ‘Poirot’s’ art deco penthouse

Positioned within Darlinghurst’s iconic 'Mont Clair' building, this 6th floor apartment takes in breathtaking views of the CBD, Harbour Bridge, Opera House and Sydney Harbour. For sale by Anthony Birdsall of Laing Real Estate Potts Point.

National

The Economy

Lending to households continues to fall - HIA

Overall lending to home buyers (excluding refinancing) posted a modest lift in June but remains considerably below earlier levels, according to Housing Industry Association of Australia (HIA).

Queensland (Qld)

Construction

Bargara residential development heading to auction through Ray White Special Projects

A 5.935 hectare land development site, designated as Low-Density Residential and directly adjoining the Palm Lakes Bargara lifestyle resort, is being marketed by Ray White Special Projects Queensland Executive Directors Mark Creevey and Tony Williams.

National

People

Laing+Simmons celebrates at annual awards

Laing+Simmons Managing Director Leanne Pilkington said the awards night is an important way to recognise the efforts of the network’s best operators in a challenging market.

Victoria (Vic.)

Featured Property

‘Tyneside’: Country lifestyle property

On the market for the first time in 22 years, this grand estate is one of Emerald's hidden treasures, featuring a main residence, two additional accommodation options, and equestrian facilities. For sale by Corinne Sukroo and Aaron Day of Bell Real Estate Olinda.

Pages

News Roundup

http://www.afr.com/real-estate/fund-managers-private-equity-ready-to-swoop-on-offtheplan-defaults-20160812-gqqxkz

Fund managers, private equity ready to swoop on off-the-plan defaults

Investors are mobilising to fill a potential gap in the housing market if buyers of off-the-plan apartments become unable to settle their purchases.

The Australian Financial Review

http://www.theaustralian.com.au/news/nation/spring-house-selling-season-shaping-as-less-bouyant/news-story/56d742761f1dc8945a545cd795bda5a9

Spring house selling season shaping as less bouyant

The usually buoyant spring selling is likely to be duller this year as the is hampered by affordability issues and low numbers of properties for sale.

The Australian

http://www.afr.com/real-estate/residential/vancouver-home-buyer-tax-wont-solve-biggest-problem-says-chinese-envoy-20160812-gqrnff

Vancouver home buyer tax won't solve biggest problem, says Chinese envoy

China's top envoy in British Columbia has questioned justifications for the new tax in Canada on foreign home buyers.

The Australian Financial Review

http://thenewdaily.com.au/money/property/2016/08/09/apartment-glut-young-australia/

The apartment glut will be good for young Australia

The looming apartment glut may come as a relief to some – and to the economy more generally.

The New Daily

http://www.news.com.au/feature/special-features/you-wish-you-lived-here/news-story/c5e15dac83a1695a1a6880f41b8c2ca3

Incredible Aussie architecture

Australia is full of incredible properties.

news.com.au

http://www.theaustralian.com.au/business/property/meritons-harry-triguboff-downplays-risk-of-buyers-walking-away/news-story/f9cc658500cebbd52443e7fc60472923

Harry Triguboff downplays risk of buyers walking away

While some Chinese buyers were walking away from their apartment purchases and losing the deposit, others were taking their place, says Meriton founder.

The Australian Financial Review

http://www.abc.net.au/news/2016-08-11/rise-in-australians-not-keeping-up-with-mortgage-payments/7722110

More Australians getting in over their heads in personal debt, Westpac

Westpac has reported a rise in the number of Australians who cannot keep up with their mortgage payments.

ABC

http://www.theaustralian.com.au/business/property/no-need-to-worry-about-housing-bubble-john-symond/news-story/86e860c903ccbb506b5b9d1a63838631

No need to worry about housing bubble: John Symond

Aussie Home Loans founder has warned that off-the-plan buyers face a hazardous market, as overseas buyers struggle to settle purchases, but believes there’s no risk of the housing bubble bursting.

The Australian