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Auction volumes down but preliminary clearance rate up in first week of August

The first week of August has seen 1,316 homes taken to auction across the combined capital cities this week, returning a preliminary auction clearance rate of 56.2 per cent.

Tasmania (Tas.)

The Economy

Tasmanian property boom rolls on: $1b property sales record June quarter

Tasmania's property boom rolls on as the island state records $1b property sales record for the June quarter, according to the Real Estate Institute of Tasmania (REIT).

National

The Economy

Aussies feeling mortgage stress

Consulting Economist for ME Bank, Jeff Oughton and Shane Garrett, senior economist at HIA discusses mortgage stress as ME Bank releases its 14th Household Financial Comfort Report today.

Queensland (Qld)Brisbane

Featured Property

Georgian-inspired estate a masterclass in symmetry

This impressive seven-bedroom residence features a six-seat home theatre, home office, gymnasium and a 20m lap pool. For sale by Sarah Hackett of Place Bulimba.

South Australia (SA)

The Economy

"Confidence is well and truly back" in South Australian market

The June 2018 quarter results released by the Real Estate Institute of South Australia (REISA) reveals confidence has returned to the market.

New South Wales (NSW)Sydney Queensland (Qld)

The Economy

Queensland Sotheby's International Realty to auction Tropical North QLD properties in Sydney

Queensland Sotheby's International Realty are set to auction several luxurious Tropical North Queensland properties in Sydney's exclusive Double Bay.

National

Design

8 of Australia's coolest warehouse conversions

It's a big call to make, but we're pretty sure we've found some of the best warehouse conversions in Australia.

Queensland (Qld)Sunshine Coast

Featured Property

Maleny House: landmark Sunshine Coast mountain retreat

This architect-designed family home merges contemporary Australian design with a Japanese-inspired aesthetic, incorporating views from the Coral Sea to Brisbane. For sale by Hannah Dodds of Queensland Sotheby’s International Realty - Brisbane.

Western Australia (WA)Perth

The Economy

"Now is the time to be strategic and secure that location you've always wanted" in Perth

Property prices in Perth have strengthened during the June 2018 quarter, according to fresh research from the Real Estate Institute of Western Australia (REIWA).

National

The Economy

Number of Australians becoming homeowners plummets: HILDA survey

Renters are quickly becoming a growing demographic in Australia, as fresh research reveals the proportion of Australian renters becoming homeowners has nosedived.

Pages

News Roundup

http://www.worldpropertyjournal.com/real-estate-news/ireland/dublin/ireland-rental-report-rising-rent-in-ireland-daftie-ronan-lyons-dublin-homes-for-rent-apartments-for-rent-in-dublin-ireland-real-estate-news-9503.php

Ireland Residential Rents Rise Ahead of Price Controls

According to the latest quarterly rental report by Daft.ie, residential rents rose nationwide by an average of 3.2% in the third quarter of 2015, the largest three-month increase since early 2007. The increase in rents comes ahead of Government measures to limit increases in rents. The national average rent between July and September was €964, compared to €882 a year previously.

World Property Journal

http://www.smh.com.au/entertainment/let-there-be-light-how-architects-are-transforming-traditional-terrace-houses-20151110-gkujyf.html

Let there be light: how architects are transforming traditional terrace houses

Fire helped forge the terrace type, but a lack of internal light has always been the prime problem. Narrow allotments and heritage-listed facades present architects with further issues. Yet despite their history – and their fall from favour with the 20th-century embrace of the suburbs – terraces contain lessons for the design of contemporary neighbourhoods.

Sydney Morning Herald

http://www.afr.com/brand/chanticleer/has-john-mcgrath-picked-the-top-of-the-market-20151113-gkymfi#ixzz3rdKg7xN5

Has John McGrath picked the top of the market?

Amid all the talk of start-ups, technological breakthroughs and digital disruption, there is one immutable fact about Australia – the bulk of the country's wealth is tied up in real estate. Superannuation assets are worth about $2 trillion, the S&P/ASX All Ordinaries Index is capitalised at $1.6 trillion and total residential real estate in Australia is worth about $5.6 trillion.

The Australian Financial Review

http://www.brisbanetimes.com.au/business/property/pubs-are-in-hot-demand-20151112-gkxqhc.html#ixzz3rdLTc4Dj

Pubs are in hot demand

Another round of pub sales will tip the number well over the $250 million mark in a year that has seen traditional operators return to the sector.

Brisbane Times

http://www.couriermail.com.au/realestate/news/twenty-years-ago-brendon-ansell-had-60-in-his-pocket-now-he-has-100-million-worth-of-developments-underway/story-fnihpu6h-1227606328787

QLD property developer has $100 million worth of developments underway

Twenty years ago, South African Brendon Ansell arrived at Redcliffe as a 19-year-old with just $60 in his pocket. Today the 39-year-old is overseeing $100 million worth of projects under development throughout southeast Queensland as the boss of Velocity Property.

Courier Mail

http://www.architectureanddesign.com.au/News/Best-projects-from-small-architecture-firms-reveal

Little firms, big ideas: ArchiTeam Awards feature 58 projects from small architecture practices

Australia’s largest representative body specifically for small architecture studios has revealed a list of entrants for its annual awards program. Now in its eighth year, the ArchiTeam Awards gather projects each year from members of the ArchiTeam association, which now claims to represent some 500 members from around Australia.

Architecture & Design

http://www.theaustralian.com.au/subscribe/news/1/index.html?sourceCode=TAWEB_WRE170_a_GGL&mode=premium&dest=http%3A//www.theaustralian.com.au/business/property/australia-to-feel-effect-of-chinese-baby-boom-harry-triguboff/story-fn9656lz-1227605174127&memtype=anonymous

Australia to feel effect of Chinese baby boom: Harry Triguboff

The impact on Australia of China’s move last week to overturn its decades-long one-child policy has been vastly underestimated, according to two of Australia’s leading business people.

The Australian

http://www.afr.com/real-estate/want-a-fixed-rate-home-loan-youd-better-read-the-small-print-20151110-gkv2lu

Want a fixed rate home loan? You'd better read the small print

Like most financial decisions involving large amounts of money over the long term, there's more to consider than simply a lower rate. That's because many lenders link your loan to other products (such as insurance and credit cards) or cut access to useful services such as offset accounts, which allow credit balance to be offset daily against outstanding loan balances and thus reduce the interest payable on the loan.

The Australian Financial Review