The Real Estate Conversation

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CoreLogic expands valuation service to rural areas

CoreLogic has launched the latest iteration of its valuation software, ValConnect, adding rural desktops to its integrated service offering.

National

Politics

Significant changes requested in submission for STRA market in NSW

The Real Estate Institute of NSW has lodged a submission on the NSW Government’s draft framework on regulating the Short Term Rental market

Queensland (Qld)Brisbane

The Economy

Bulimba home breaks Brisbane auction record after being sold for $8.4 million

A Brisbane family has made history after purchasing a five-bedroom Bulimba home for $8.4 million.

Queensland (Qld)Brisbane

Featured Property

Hamptons style with prestigious riverside address

This Hawthorne residence offers relaxed family living in elegant style. For sale by Vaughan Keenan and Natalie Rasmussen of Grace And Keenan.

Victoria (Vic.)Melbourne

Design

This Melbourne pop-up apartment is a Victorian first

Southbank’s first pop-up apartment will be open for Melburnians to visit this weekend

Victoria (Vic.)

The Economy

Victoria to have biggest auction weekend in seven months

With more than 1000 auctions planned across the state, Victoria’s property market is jumping into spring

National

Design

Short term rentals grow 47% as hospitality and property industry feel impact

Short term rentals have taken the Australian property industry by storm, according to accommodation managers, MadeComfy

National

People

Real estate training set for changes

Changes to the Real Estate Training Package will streamline qualifications to ensure they are more suited to the ever-changing work requirements of our industry, now and into the future, says REINSW.

New South Wales (NSW)Sydney

Featured Property

Flair and finesse with Middle Harbour views

This as new contemporary home offers everyday opulence with flexible family living spaces and premium appointments throughout. For sale by Maria Cassarino and Julian Rowe of Stone Real Estate Seaforth.

National

The Economy

Residential property prices fall in June quarter, but there are positive signs for Sydney and Melbourne markets

Residential property prices fell 0.7 per cent in the June quarter, according to figures released this week by the Australian Bureau of Statistics.

Pages

News Roundup

http://www.theaustralian.com.au/business/property/riverfront-residents-kick-up-storm-over-lost-brisbane-views/news-story/d24ebef345f5f5898cdd2a1c68e9bb80

Riverfront residents kick up storm over lost Brisbane views

Residents of Brisbane’s most expensive riverfront apartments have accused Mirvac of duping them out of multi-million-dollar city views.

The Australian

http://www.afr.com/real-estate/why-blackstone-likes-its-6-billion-australian-portfolio-20160912-grecgr#ixzz4KHc25Cpw

Why Blackstone likes its $6 billion Australian portfolio

Global real estate giant Blackstone is keen to boost its $6 billion of Australian assets, even as it sells down the opportunistic buys of several years ago. Since arriving in Australia in 2011, Blackstone has built a portfolio of traditional buy-fix-sell assets, most recently as the Real Estate Investment Trusts sell non-core shopping centres and industrial facilities.

Australian Financial Review

http://theconversation.com/australias-housing-affordability-problem-explained-in-five-historical-steps-64794

Australia’s housing affordability problem explained in five historical steps

There is much debate about which groups of people have played the greatest role in creating the increasingly unaffordable housing markets in Australian cities. Baby boomers and foreign investors are two popular targets.

The Conversation

https://sourceable.net/australia-out-in-front-on-real-estate-sustainability/

Australia Out in Front on Real Estate Sustainability

Companies and investment funds who operate in the corporate real estate sector throughout Australia and New Zealand are leading their international peers in terms of practices designed to promote environmental management, social impact and governance and accountability practices, a new survey states.

Sourceable

http://www.couriermail.com.au/realestate/dday-looms-for-housing-oversupply-across-the-country-led-by-brisbane/news-story/22c7f45c4a07f5f931f6727b41b39892

D-Day looms for housing in Australia

Industry experts BIS Shrapnel analysis released in Brisbane yesterday warned every state except New South Wales would go into oversupply but Queensland would emerge with the worst figures in the country.

Courier Mail

http://www.afr.com/real-estate/sydney-property-market-like-the-energiser-bunny-20160913-grfoc0

Sydney property market 'like the energiser bunny'

In another sign of the strength of the Sydney property market, two thirds of properties listed for auctions on Tuesday sold before the night and the rest were cleared in under an hour.

The Australian Financial Review

http://www.abc.net.au/news/2016-09-13/report-says-nsw-lockout-laws-should-be-relaxed/7837044

Lockout laws in NSW should be relaxed, report says

An independent review into NSW's controversial lockout laws has suggested easing the time the lockout takes effect for live entertainment venues and extending opening hours for bottle shops.

ABC

http://www.afr.com/real-estate/residential/vic/how-it-sold-private-auctions-soar-in-thin-market-for-premium-melbourne-homes-20160912-gre34x

Private auctions soar in thin market for premium Melbourne homes

A five-bedroom house at 19 Moorhouse Street, Armadale, Victoria sold at private auction for $7.52m.

The Australian Financial Review