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New South Wales (NSW)Sydney

The Economy

Sydney rental market picks up just in time for spring

Vacancy rates have steadied across Sydney, according to the REINSW Vacancy Rate Survey.

National

People

Get to know Heath Thompson, Director of Beller Project Marketing

Director of Beller Project Marketing, Heath Thompson has worked on a number of property developments across Melbourne.

Victoria (Vic.)Melbourne

Featured Property

Elaine: ‘a country house in the middle of the city’

Located within the 'Golden Mile', this historic family home features original details, entertaining spaces and a generous floorplan. For sale by Cameron Cleary and James Moss of McGrath Blackburn.

National

The Economy

Jolly's Lookout pre-auction $4.1 million offer, as more "quality" buyers enter market

Despite slowing clearance rates across the country, agents report higher quality buyers who are "motivated to purchase" are now entering the market.

National

The Economy

12 frequently asked depreciation questions

BMT Tax Depreciation answers your most commonly asked depreciation questions.

Victoria (Vic.)

People

Get to know architect Marie Bagnato

Architect Marie Bagnato has a passion for luxury, and specialises in designing buildings using natural materials such as stone, marble, and timber.

Queensland (Qld)Gold Coast

Featured Property

Broadbeach Waters waterfront property offers buyers a choice of 3 enticing options

Investors can choose between purchasing the existing double brick 4 bedroom home or upgrading to two different luxury residences. For sale by Jordan Williams and Kurt Gomez of Kollosche Prestige Agents.

Western Australia (WA)Perth

The Economy

Perth rental vacancy rate at lowest level in 4 years

The Perth rental market is leading the way in the housing market recovery, with vacancy rates at their lowest level since 2014 according to REIWA data.

International

People

Get to know Vincent Doran, winner of 2018 Schools Auctioneering Championship

Vincent Doran, student at Underdale High School, was recently crowned winner of the 2018 Australasian Schools Auctioneering Championships in Auckland.

National

The Economy

3 things pet owners can do to secure a rental property

This is how pet owners can win over landlords and score that perfect rental property, according to three property managers.

Pages

News Roundup

http://www.cricketcountry.com/news/virat-kohli-named-brand-ambassador-of-a-real-estate-company-384072

Virat Kohli named brand ambassador of a real estate company

India’s Test captain Virat Kohli has been named as the brand ambassador of luxury real estate brand Nitesh Estates.

Cricket Country

http://www.afr.com/real-estate/residential#ixzz3xkIZLpKJ

Record housing starts with detached homes at five year high

Home building rose to new heights in the September quarter, with a five-year high in commencements of new standalone homes pushing the total to a record. Total dwelling commencements rose to 55,532 in seasonally adjusted terms over the three-month period, up from 55,240 in the June quarter.

The Australian Financial Review

http://www.citylab.com/design/2016/01/is-this-the-suburban-house-20/424473/

Is This the Suburban House 2.0?

Australian architects make an intriguing discovery when they peel back the layers of a McMansion.

The Atlantic

http://www.theglobeandmail.com/news/british-columbia/its-time-for-canada-to-take-action-on-its-offshore-real-estate-problem/article28253182/

It's time for Canada to take action on its offshore real estate problem

I mention these two items mostly to draw attention to the complete lack of action that is taking place in Canada to address the same real estate madness occurring elsewhere.

The Globe and Mail

https://www.dnainfo.com/new-york/20160119/upper-west-side/dogs-get-final-say-growing-number-of-real-estate-decisions

Dogs Get the Final Say in Growing Number of Real Estate Decisions

In the past five years, NYC real estate has increasingly catered to dog owners, as rental listings advertised as pet-friendly jumped from an average of 1 percent of all listings in 2011 to about 8 percent of listings in 2015, according to data compiled by StreetEasy for DNAinfo.

DNAinfo

http://www.news.com.au/finance/real-estate/property-vacancy-rates-have-lifted-throughout-australia-with-figures-in-two-capital-cities-labelled-alarming/news-story/ee86afb0c00c9ae650ae967771aa1f64

Property vacancy rates have lifted throughout Australia

Residential vacancies increased across Australia during the last month of 2015, with new figures revealing there are now 81,401 rental properties without a tenant. The figures released by SQM Research put the current national vacancy rate at 2.7 per cent which was driven in part by an “alarming’’ increase in vacancies in Perth and Darwin.

news.com.au

http://www.domain.com.au/news/mining-downturn-unseats-speculators-in-pilbaras-real-estate-market-20160119-gllclc/

Mining downturn unseats speculators in Pilbara's real estate market

The latest property snapshot for the Pilbara region in Western Australia’s north-west shows how big its real estate downturn is, with the mining mecca of Port Hedland’s average advertised house sale price the lowest since December 2006.

Domain

http://www.theaustralian.com.au/business/property/woolworths-head-office-site-bought-by-koreans/news-story/305884a5bedd2e605e482ab5f7c574f1

Woolworths head office site bought by Koreans

A group of South Korean institutional investors advised by Inmark Asset Management has swooped on the Woolworths headquarters in Sydney’s northwestern suburbs in a landmark deal worth $336.45 million. The sale of 1 Woolworths Way at Bella Vista was struck on a crisp yield of 6.07 per cent, setting a benchmark for Sydney’s suburban markets. The deal will also see Mirvac deliver a new multistorey carpark through a development management agreement.

The Australian