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New home sales see growth for the first time since 2017, HIA

Around the states, new home sales rose for the June quarter compared to the previous quarter in Victoria (+5.1 per cent), Western Australia (+2.9 per cent) and South Australia (+2.6 per cent).

National

The Economy

Home loan borrowers no longer complacent, says report

The Lendi Home Loan Report highlights that homeowners who settled with a non-big four lender in 2019 have signed up to loans with median interest rates between five and 22 basis points lower than borrowers settling with a big four bank.

National Queensland (Qld)

People

Better Homes and Gardens Real Estate welcomes James Bell

Better Homes and Gardens Real Estate appoints new Growth Manager for Queensland.

New South Wales (NSW)Sydney

Featured Property

Private Northbridge family haven

Positioned in a dream North Shore location, this single level residence boasts a stunning sunlit extension and child friendly yard. For sale by Chris Downie and Josh Forrest of Richardson & Wrench Northbridge.

National

The Economy

Sydney climbs up with a clearance rate of 78.5%

A 78.5 per cent preliminary clearance rate was recorded across Sydney this week, making it the best performing capital city according to preliminary results, up from last week’s 72.8 per cent final clearance rate, according to CoreLogic.

National

The Economy

Building activity hits new low, says report

The combination of tougher lending practices and falling property prices has been a big hit to new property demand, according to BIS Oxford Economics.

Queensland (Qld)Brisbane

People

North Lakes takes team of the year at the 2019 Coronis annual awards

Coronis hosted their annual awards last weekend at Howard Smith Wharves, where they celebrated the company’s agents, property managers, mortgage brokers and support staff.

New South Wales (NSW)Sydney

Featured Property

‘Springfield Estate’: Sydney manor on approx. 4,704 sqm

This family estate features super-sized media room, underground wine cellar with tasting room, outdoor fireplace with pizza oven, full-sized tennis court, and even a putting green with sand bunker. For sale by Jing Peng of LJ Hooker Gordon.

Tasmania (Tas.)

Featured Property

For $2.5 million, walk in to this King Island luxury retreat

Unwind in your private outdoor, beachfront sauna and sunken timber hot tub with direct access to your private beach. For sale by Garry Sutton of Ruralco Property Tasmania.

National

Design

Blissful bedrooms

For the ultimate good night's sleep, take a look at these 6 beautiful bedrooms, found on Luxury List.

Pages

News Roundup

http://www.proprint.com.au/News/390470,real-estate-signage-going-digital.aspx

Real estate signage going digital

The high turnover industry for printed real estate signage has been disrupted by a major shift to electronic signboards as Aussie real estate agencies demand digital advertising.

ProPrint

http://www.ibtimes.com.au/chinese-buyers-australian-apartments-abandon-contracts-due-tighter-rules-1524333

Chinese buyers of Australian apartments abandon contracts due to tighter rules

The warning of a property funding crisis in Australia has come to pass as potential Chinese buyers of apartment units in the country are walking away from their contracts.

International Business Times

http://www.afr.com/real-estate/controversial-bronte-rsl-sells-a-second-time-reportedly-for-10m-20160610-gpgio5

Controversial Bronte RSL sells a second time, reportedly for $10m

The Bronte RSL has sold again, this time to an established Sydney eastern suburbs developer.

The Australian Financial Review

http://www.theaustralian.com.au/business/property/rate-cut-to-spur-house-prices-sales/news-story/3b3fb39df6be53039d972669cb53d394

Rate cut to spur house prices, sales

Homeowners and potential home buyers throughout the country are capitalising on the RBA's historic interest rate drop to buy new homes and extend their property holdings.

The Australian

http://www.theedgemarkets.com/my/article/weak-ringgit-prompts-malaysians-invest-more-offshore

Weak ringgit prompts Malaysians to invest more offshore

Malaysia is the fourth-largest source country for approved Australian property investments, after China, the US and Canada.

The Edge Markets

http://www.afr.com/real-estate/residential/greenland-commences-settlements-for-lucent-apartments-to-complete-in-a-month-20160802-gqjmit

Greenland commences settlements for Lucent apartments

China state-backed developer Greenland has commenced settlements of their first completed apartment project in Australia, the 211-unit 'Lucent' in North Sydney.

The Australian Financial Review

http://www.afr.com/real-estate/commercial/empty-west-perth-offices-to-become-apartments-20160803-gqk7g1

Empty West Perth offices to become apartments

Apartment developers are eyeing the West Perth office market, anticipating struggling landlords unable to fill their office towers will have little option but to sell.

The Australian Financial Review

http://www.domain.com.au/news/housesize-units-aim-to-break-shoebox-stereotype-20160802-gqjpdv/

House-size units aim to break ‘shoebox’ stereotype

Amid an inner-city building boom, new three, four and five-bedroom apartments are starting to filter into Brisbane’s property market.

Domain