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Property sentiment growing as house prices predicted to keep rising

Australians are feeling positive towards the current real estate market, according to findings from ME's third Quarterly Property Sentiment Report.

Queensland (Qld)Gold Coast

The Economy

Prestige development site on the market at Maudsland

This rural landholding is located within the Huntington Downs estate and is being sold by Ray White Special Projects.

New South Wales (NSW)

The Economy

Virtual agent sells luxury address in Western Sydney

The new Nepean Rise luxury apartment project in Jamisontown, just moments from Penrith CBD, is being sold by Emma, a virtual selling agent.

Queensland (Qld)Sunshine Coast

Featured Property

Cosmopolitan and private Noosa Waters family estate

"No expense has been spared or amenity forgotten in the design of this 6-star masterpiece." For sale by Nic Hunter and Michael McComas of Tom Offermann Real Estate Noosa Heads.

National

The Economy

CHIPS aren't down on housing costs

Growth in housing construction costs continue to outpace inflation, according to CoreLogic

National

People

Most trusted national home builder announced

G.J. Gardner Homes named Most Trusted National Home Builder for the fourth year in a row

National

The Economy

Second busiest auction week of the year for Sydney

A preliminary clearance rate of 81 per cent has been recorded in Sydney by analyst organisation CoreLogic

Queensland (Qld)Brisbane

Construction

New waterfront planned for Brisbane riverside

Brisbane City Council has prepared a draft master plan to develop the City Reach Waterfront

International Western Australia (WA)

People

Historic collaboration cemented between two realty organisations

REIWA and the National Association of Realtors have signed an agreement to create closer ties between the two organisations.

Victoria (Vic.)

Featured Property

Private garden estate or growth business: Botanical Gardens, Maze and Lavender Farm

An iconic destination and one of the area’s most spectacular garden sanctuaries, this transformation opportunity is for sale by Rob Curtain and Danielle Vains of Peninsula Sotheby’s International Realty.

Pages

News Roundup

http://www.latimes.com/fashion/la-ig-erin-fetherston-20161027-story.html

Does your toddler match your ottoman?

Thanks to a new line of home goods, that answer can be yes.

Los Angeles Times

http://www.afr.com/real-estate/housing-affordability-is-stretched-but-prices-can-still-rise-analyst-20161102-gsg6lv

Housing affordability is stretched but prices can still rise

Macquarie Capital real estate strategist, Rod Cornish, says Sydney affordability has worsened, but it's not as bad as 2003, 1988-89, or Perth 2005.

The Australian Financial Review

http://www.afr.com/real-estate/residential/no-saving-the-day-creditors-to-hear-bobs-builder-unlikely-to-get-white-knight-20161031-gseswd

No saving the Day: Creditors to hear Bob's builder unlikely to get white knight

There will be no white knight buyer of the troubled home building business.

The Australian Financial Review

http://www.afr.com/news/economy/how-a-normal-rates-and-tax-hikes-would-smash-sydney-property-20161101-gsf5ve

How 'normal' rates and tax hikes would smash Sydney property

Returning official interest rates to levels regarded by many as normal, say the post-GFC peak of 4.75% in 2011, would trigger a 20% plunge in Sydney house prices, says Deutsche Bank.

The Australian Financial Review

http://www.nestegg.com.au/from-the-experts/expert-opinion/10427-what-australia-s-population-growth-means-for-property

What Australia’s population growth means for property

It’s timely to contemplate the role of population growth in real estate investment.

nestegg.com.au

http://www.domain.com.au/news/seven-stunning-contemporary-homes-in-australia-20161031-gseobd/

Seven stunning contemporary homes in Australia

Australia is a leader in creating fine contemporary houses.

Domain

http://www.dailymail.co.uk/news/article-3881730/Australia-s-brothel-Scarlet-Harem-hammer.html

Australia's top brothel on the Sunshine Coast to go under the hammer

Scarlet Harem is up for sale and is expected to fetch $1m.