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Spring has seen less auctions each week relative to same time last year

The combined capital cities saw an increase in the number of homes taken to auction this week with a total of 1,985 auctions held, up from the week prior when 1,916 auctions took place.

International

Design

Parnell, New Zealand taking off as two apartments sold at record prices

Bindi Norwell, CEO of the Real Estate Institute of New Zealand and Ross Hawkins of New Zealand Sotheby's International Realty, discuss the property market in Parnell, New Zealand, as the record is broken in the suburb for the most expensive apartment sold in New Zealand.

New South Wales (NSW)Sydney

People

Get to know Simon Doak, principal of 1st City Real Estate

Simon Doak of 1st City Real Estate sold a house in Paddington, Sydney known as the 'murder house'.

Victoria (Vic.)Melbourne

Featured Property

Gallery-inspired South Yarra penthouse combines large scale entertaining with intimate daily living

This luxurious residence sits at the apex of The Lowndes, a designer development tucked between Toorak Road and Chapel Street. For sale by Ross Savas and Steven Rode of Kay & Burton South Yarra.

National

Design

Styling your home before sale "a non negotiable"

Kahlia Cordony of Cordony Designs and Lynne Page of Knight Frank Hobart discuss why it is so important to style your home before selling.

Queensland (Qld)Gold Coast

People

Get to know David Higgins director, residential of Colliers International

David Higgins has over 28 years experience in the real estate industry, with gross sales of over $1.3 billion across 3,000 products.

Queensland (Qld)Brisbane Gold Coast

Design

Flexible work spaces taking over traditional offices

Yusuf Oner, general manager of Corporate House discusses how many traditional office spaces are now taking inspiration from flexible work spaces due to their innovative features.

New South Wales (NSW)Sydney

Featured Property

Bespoke Vaucluse residence with 360 degree Sydney Harbour views

For sale by Danny Doff of Laing & Simmons Double Bay, who told WILLIAMS MEDIA, “This is quite possibly the best house I’ve ever had the pleasure to market in my career”.

New South Wales (NSW)Sydney

The Economy

Auction results show Sydney is in a "normal real estate market"

Cooley Auctions has just released their Cooley Index for August 2018 for the residential - Sydney Metro, showing auction volumes, clearance rates and average home prices are all down compared to the same time last year.

Western Australia (WA)Perth

The Economy

Perth rental market improving

Hayden Groves of the Real Estate Institute of Western Australia, and Carmel Gardiner of Abel McGrath discuss the Perth rental market.

Pages

News Roundup

http://www.theaustralian.com.au/business/financial-services/homely-touch-in-anz-battle-for-larger-slice-of-mortgage-market/news-story/5ece4fc237afe25f5c6a566ec0f6d3c2

From McDonald’s to mortgages: ANZ banks on Catriona Noble

Catriona Noble is miles from her former career as she helps ANZ address its underexposure to NSW property.

The Australian

http://architectureau.com/articles/what-does-assembles-turner-win-mean-for-architecture/?utm_source=twitterfeed&utm_medium=facebook

What does Assemble’s Turner win mean for architecture?

Architecture collective Assemble’s win in the Turner Prize is a coup for socially engaged practice. What does it mean for architecture?

ArchitectureAU

http://www.yourinvestmentpropertymag.com.au/news/aussie-household-debt-hits-record-highs-209921.aspx

Aussie Household Debt Hits Record Highs

Average Australian household debt levels have quadrupled since 1988 from $60,000 to $245,000, according to research by AMP Bank and the University of Canberra’s National Centre for Social and Economic Modelling.

Your Investment Property

http://www.afr.com/news/economy/home-ownership-has-lessened-inequality-rba-says-20151211-glliy0

Home ownership has lessened inequality

Home ownership continues to be one of the great levelling forces of Australian society, resulting in a lower level of inequality than is commonly thought, according to RBA research.

The Australian

http://www.theaustralian.com.au/business/property/housing-market-heading-for-summer-doldrums/news-story/b4ff49b0d2a9ba6621629b27f5118d71

Housing market heading for summer doldrums

The nation’s major housing markets are predicted to have little or no price growth over summer as a cooling market dents the confidence of buyers and sellers.

The Australian

http://www.afr.com/real-estate/residential/lending-restrictions-stifle-perth-property-recovery-20151130-glbbon

Lending restrictions stifle Perth property recovery

Wholesale mortgage broker AFG has warned that lending requirements designed to cool the Sydney and Melbourne housing markets are hampering other Australian cities in need of property and construction investment.

Australian Financial Review

http://www.theaustralian.com.au/national-affairs/immigration/forrest-deal-with-exmansion-owner-makes-room-for-syrian-refugees/news-story/31ca6522a572945dee50b4d2371251dc

Forrest deal with ex-mansion owner makes room for Syrian refugees

Mining magnate Andrew Forrest will house Syrian refugees at his new $16m Perth beachfront mansion after striking a deal with the elderly resident who had been refusing to move out.

The Australian

http://www.dailytelegraph.com.au/realestate/news/renters-complaints-triple-in-past-year-as-landlords-refuse-to-fix-faults-at-rental-properties/story-fni0cly6-1227643191009

Renters’ complaints triple in past year as landlords refuse to fix faults at rental properties

The numbers of complaints going to tenancy tribunal has tripled.

The Daily Telegraph