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Tightened lending restrictions continue to impact clearance rates

While auction clearance volumes have improved on last week, tightened lending restrictions from the banks are continuing to impact clearance rates.

International

The Economy

Welcome to Double View on Pererenan Beach, Bali

With lots of development planned in Pererenan over the coming years, Double View offers you an opportunity to invest.

South Australia (SA)Victoria (Vic.)

People

Knight Frank announces new Head of Sales for Victoria and South Australia

Knight Frank Australia have announced a senior management restructure in accordance with the firm’s global Capital Markets strategy.

New South Wales (NSW)

Featured Property

‘Barefoot’ coastal living in Byron Bay architect designed home

Centrally located, this luxe beach house includes 5 bedrooms with ensuites, high ceilings, and a fully contained studio with separate entrance. For sale by Brad Cranfield of Byron Bay Property Sales and Helen Huntly-Barratt of First National Byron Bay.

Western Australia (WA)Perth

The Economy

"Relief for home buyers": Perth house prices most affordable in Australia

Real estate in Perth is at its most affordable on record, as falling prices give first home buyers their best chance of stepping onto the property ladder, according to the Housing Industry Association (HIA).

National

People

Get to know Philip Ryan, Managing Director of Trilogy

One of Australia's leading fund managers, Trilogy is led by an executive team, including managing director Philip Ryan, that boasts decades of experience in the property and financial services sector.

New South Wales (NSW)

People

REINSW Awards for Excellence finalists announced

The Real Estate Institute of New South Wales has announced the finalists for their 21st annual Awards for Excellence.

Victoria (Vic.)

Featured Property

Kensei: Prestigious freestanding home on Mt Buller’s Chamois Ski Run

Sleeping 11 in comfort, this award-winning residence features ski in/ski out access and stunning views towards Little Buller Spur. For sale by Mark Adams and Zach Adams of Mark Adams Real Estate Port Melbourne.

Victoria (Vic.)Melbourne

Construction

Property consultants pledge support for world-first youth crisis housing in Melbourne

Construction of a world-first model of intensive support and crisis accommodation for homeless youth in Melbourne has begun, with the support of the Property Industry Foundation.

National

People

Get to know Suzi Lange, General Manager of G.J Gardner Homes

Suzi Lange, the first female general manager of G.J. Gardner Homes, spoke to WILLIAMS MEDIA about why they are the highest rated national home builder.

Pages

News Roundup

http://www.khaleejtimes.com/business/real-estate/no-slowdown-in-dubai-real-estate

No slowdown in Dubai real estate

Dubai property prices are staying firm after settling down over the past 30 to 60 days following a fall triggered by global and regional factors including oil's slump, weaker currencies in Russia and Europe and flare-ups in Yemen and Syria.

Khaleej Times

http://www.abc.net.au/news/2015-11-04/the-town-where-you-can-still-buy-a-cheap-house/6912606

Want to buy a house for $50,000?

In an era of climbing housing prices, it is still possible to snap up a bargain in regional Victoria, with one town offering houses as low as $55,000. But in the Mallee town of Ouyen, 100km from Mildura and 450km from Melbourne, and with a population of just over 1000, it is possible to get into the property market for far less.

ABC Mildura Swan Hill

http://www.afr.com/real-estate/strengthening-economy-may-tempt-more-owneroccupiers-into-housing-market-20151104-gkqhul

Strengthening economy may tempt more owner-occupiers into housing market

Stronger employment growth is good news for first home buyers and owner-occupiers as the tidal wave of investors recedes. The Reserve Bank cited a strengthening economy when it held rates on Tuesday and this could boost home buying in an area such as Ingleburn, south-west of Sydney, estate agents said.

The Australian Financial Review

http://www.yourmortgage.com.au/article/australian-real-estate-still-performing-strongly-207919.aspx

Australian real estate still performing strongly

The head of a major real estate franchise believes concerns about property markets in Australia are somewhat overblown. Angus Raine, executive chairman of Raine & Horne, said the idea of markets such as Sydney being in trouble is far from the truth.

YourMortgage.com.au

http://www.theaustralian.com.au/business/wall-street-journal/chinese-property-investors-have-yen-for-tokyo-real-estate/story-fnay3ubk-1227596451591

Chinese property investors have yen for Tokyo real estate

Japan’s capital city is a far cry from the bubbly 1980s when, as legend has it, the land under the Imperial Palace was worth more than California. But for Chinese investors dealing with their own hangover at home, Tokyo’s more sober real estate market is looking like good medicine.

The Wall Street Journal

http://architectureau.com/articles/curb-the-sprawl-melbourne-at-8-million/

Curb the sprawl: Melbourne at 8 million

Melbourne’s established areas could absorb more than 1.2 million new dwellings by 2051, according to an RMIT University report. The report is based on the prediction that Melbourne will require almost 1.6 million new dwellings by 2051 as its population swells to almost eight million people.

Architecture AU

http://www.heraldsun.com.au/realestate/news/sydney-nsw/big-infrastructure-projects-mean-these-two-new-south-wales-areas-are-set-to-take-off/news-story/c2a004ef99f1e34fa9b88b910bd65e33

Big infrastructure projects mean these two New South Wales areas are set to take off

Liverpool and Camden are tipped as future property hot spots on the back of major infrastructure spending in the areas.

news.com.au

http://www.afr.com/real-estate/residential/wa/perth-property-prices-plunge-6-per-cent-20151103-gkpmg1

Perth property prices plunge 6 per cent

Perth property prices have slumped more than 6 per cent this year and experts say any recovery is at least a year away. According to the Real Estate Institute of Western Australian, house prices in Perth plunged 4.2 per cent in September, the biggest quarterly price drop since REIWA began tracking the market 21 years ago.

The Australian Financial Review