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Featured Property

Instagram favourite Hamptons home sets Noosa Waters dry block record

Drawing a wide level of interest, this spacious family home saw over 300 people come through over the term of the campaign. Sold by Adrian Reed and Darren Neal of Reed & Co. Estate Agents.

New South Wales (NSW)Sydney

People

McGrath strengthens Northbridge presence with new agent

Rose Farina joins McGrath as its boosts its presence in Northbridge

National

Construction

Stockland launches national renewable energy initiative

25,000 Stockland residents will receive the benefit of the company's new energy initiative.

National

The Economy

Building approvals fall and industry is calling government to action

Property Council of Australia calls for government action as dwelling approvals in trend terms falls for 23 months

Victoria (Vic.)Melbourne

Featured Property

Boutique Toorak penthouse with city views and plunge pool

Enjoy high end design, attention to detail and superior functionality with a desirable north and west aspect and Village locale. For sale by Andrew Sahhar and Ross Savas of Kay & Burton.

National

The Economy

Super Saturday results with 3,000 homes going under the hammer

It was the busiest week of the year with Super Saturday auctions across Australia, says CoreLogic

Victoria (Vic.)

The Economy

Vacancy rates remain low in Victoria

There is no relief for Victorian renters according to REIV as rental prices continue to grow.

National

The Economy

Fifth monthly increase in Home Value Index: CoreLogic

CoreLogic’s national Home Value Index has recovered from its trough in June this year by 4.7 per cent.

Queensland (Qld)Brisbane

Featured Property

Contemporary architecture in quiet country setting

With the charm of a genuine Village community, this modern acreage offers a relaxed country lifestyle just 24km from Brisbane CBD. For sale by Chelsea Perry and Ronni Grevell of Craig Doyle Real Estate Dayboro.

Victoria (Vic.)Melbourne

Featured Property

European sophistication with Bond-style hidden entry garage

“It’s one of the highest levels of detail – in terms of an international standard renovation – that we’ve seen in Toorak.” For sale by Robert Fletcher and Michael Gibson of Kay & Burton.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/avjennings-urges-less-red-tape-more-infrastructure/news-story/fe8ce064c93643214bc4be6b911c70b8

AVJennings urges less red tape, more infrastructure

AVJennings has blamed governments’ slow planning processes and underinvestment in infrastructure for holding back supply of traditional housing products, after flagging a possible dent in its first-half results.

The Australian

http://www.afr.com/business/transport/automobile/australia-no1-for-firsttime-ferrari-owners-as-property-drives-supercar-boom-20161115-gspkt6

Property drives 'supercar boom'

Australia has outstripped China and Middle Eastern countries when it comes to the percentage of first-time owners out of all Ferraris sold in a country, largely due to the surge in wealth from the property boom.

The Australian Financial Review

http://www.wsj.com/articles/new-york-townhouse-sells-for-12-million-discount-1479404754

New York townhouse sells for $12m discount

Real-estate investor David Edelstein bought the Upper East Side home for US$19m, two years after it sold for US$31m.

The Wall Street Journal

http://www.businessinsider.com.au/3-charts-that-show-australias-high-rise-construction-boom-is-scaling-to-new-heights-2016-7

Three charts showing Australia's high rise construction boom is scaling new heights

In Sydney, Melbourne or Brisbane, all you need to do is look up to understand the epic apartment construction boom underway across Australia’s eastern seaboard.

Business Insider Australia

http://www.9news.com.au/national/2016/11/16/16/54/harry-triguboff-warns-of-short-term-pain-for-sydney-property-market

Australia's wealthiest man warns of short-term pain for property owners

Australia’s wealthiest man Harry Triguboff has issued a warning to homeowners and banks, saying there may be short-term pain ahead for some property owners.

9news.com.au

https://probonoaustralia.com.au/news/2016/07/developer-pushes-pop-shelters-homeless/

Developer pushes for pop-up shelters for the homeless

A Melbourne property developer is on a mission to develop social and affordable housing on a national scale.

probonoaustralia.com.au

http://www.news.com.au/lifestyle/home/why-trump-wont-want-to-move-to-white-house-inside-his-100m-apartment/news-story/8f7c1d9fce7240403ec68a3eeef32d3e

Why Trump won’t want to move to White House

The glitz and gaudiness of US President-elect Donald Trump’s $100 million New York penthouse might make it tough for him to relocate.

news.com.au

http://www.afr.com/real-estate/residential/vic/developer-evolve-offers-21000-to-lure-buyers-20161116-gsqc90

Developer Evolve offers $21,000 to lure buyers

Melbourne developer Evolve has dangled a $21,000 carrot in front of first home buyers and local investors as overseas demand for off-the-plan apartments dwindles.

The Australian Financial Review