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Design

Three Aussie projects win top prizes at World Architecture News Awards

Three Australian projects won top prize in their category at the WAN awards, announced in London last week.

New South Wales (NSW)Sydney

Politics

Prime minister launches City Deal for Western Sydney

Malcolm Turnbull, Gladys Berejiklian and eight Western Sydney councils have agreed to a co-ordinated plan for the region, including plans for Badgerys Creek airport, new bus and rail links, the Badgerys Creek "Aerotropolis", and an agribusiness precinct.

Victoria (Vic.)Melbourne

Featured Property

Bold, beautiful and bespoke in Brunswick

This one-of-a-kind, five-bedroom, period showpiece is set amid lush landscape gardens. For sale through Matthew Layburn of Nelson Alexander Brunswick and Carl Sacco of Nelson Alexander Preston.

New South Wales (NSW)Sydney Victoria (Vic.)Melbourne

The Economy

It pays to work closely with buyers in the current market: Chris Hassall, Buxton Bentleigh

With property markets returning to more moderate levels, it pays to work closely with buyers to secure sales, says Chris Hassall of Buxton Bentleigh.

New South Wales (NSW)

Politics

REINSW to explain real estate reforms at 2018 Roadshow

Changes to training and licensing requirements in the real estate industry will be the focus of the Real Estate Institute of New South Wales’ 2018 Roadshow series.

National

Politics

Transform state agency approval processes to lower new housing costs: Property Council

A new report has found that fixing inefficiencies in the approval processes of major housing projects could unlock $360 million in economic benefits, and help ease some of the pressure on property prices.

South Australia (SA)Adelaide

Featured Property

Glory on Storey: a landmark Hahndorf estate

This architecturally designed residence set in established botanic-style gardens includes a paddock and championship-standard grass tennis court. For sale by Matt Kenny of Toop & Toop Stirling.

National New South Wales (NSW)Sydney

The Economy

Softer Sydney prices, higher listing numbers see return of confidence: Chris Wilkins, Ray White Drummoyne

"The confidence is really good, it's back," Chris Wilkins of Ray White Drummoyne told SCHWARTZWILLIAMS.

National

Politics

APRA ready to lift 10% cap on growth in investor lending: Wayne Byres

APRA chairman, Wayne Byres, has said the regulator is ready to lift the 10 per cent cap on growth in investor lending, but the cap on interest-only loans will stay.

International

People

Ed Norton lists Malibu beach house for $6.8m

After buying a $15 million architectural landmark home in Malibu last year, actor Edward Norton is now selling his waterfront duplex on Las Flores Beach.

Pages

News Roundup

http://www.theaustralian.com.au/business/wealth/grollo-backed-apn-property-offers-solid-profit-growth/story-e6frgac6-1227468335987

Grollo-backed APN Property offers solid profit growth

The company is benefiting from the growth in superannuation savings, but also renewed interest in income-producing assets such as property, which is driving strong inflows to APN’s funds.

The Australian

http://www.architectureanddesign.com.au/news/expert-judges-revealed-for-2015-sustainability-awa

Expert judges revealed for 2015 Sustainability Awards

This year’s panel includes DWP|Suters’ National Sustainability Leader Rory Martin, Lend Lease Sustainability Consultant Darryl Stuckey, Envirotecture founding director Dick Clarke and Norman Disney & Young Global Sustainability Director Tony Arnel.

Architecture & Design

http://www.businessspectator.com.au/article/2015/7/22/property/little-manhattan-sydney-apartment-prices-shoot-sky

Little Manhattan: Sydney apartment prices shoot for the sky

Manhattan is legendary for expensive and small apartments, with a record current average price of $US1.87m ($2.5m), according to a report by US appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate. Sydney is not quite there yet, but the cost of redevelopments, or indeed replacement costs, will set new price records, challenging the ability of many Australian buyers to afford an apartment.

Business Spectator

http://www.afr.com/business/construction/new-home-sales-likely-to-have-peaked-in-fy2015-hia-says-20150803-giqahy

New home sales likely to have already peaked

New home sales are likely to decline after reaching a five-year high in the 12 months to June, the Housing Industry Association says.

The Australian Financial Review

http://www.dailytelegraph.com.au/newslocal/central-coast/central-coast-real-estate-narara-and-tumbi-umbi-named-as-two-of-australias-biggest-property-hot-spots/story-fngr8h0p-1227470687345

Central Coast hot spots

Narara and Tumbi Umbi have been identified by Realestate.com.au as two of the country's most in-demand suburbs.

The Daily Telegraph

http://www.news.com.au/finance/real-estate/melbourne-leads-in-real-estate-as-property-market-hits-6-trillion/story-fndban6l-1227467869660

Melbourne leads in real estate as property market hits $6 trillion

The Australian property market has hit the $6 trillion mark, but Melbourne has overtaken Sydney as the country’s best performer. Home values across Australia’s capital cities pushed another 2.8 per cent higher in July and have lifted 11.1 per cent during the past year, data released by CoreLogic RP Data shows. In the year to July, the market grew by half a trillion dollars, CoreLogic RP Data head of research Tim Lawless said.

news.com.au

http://www.canberratimes.com.au/act-news/canberra-property-values-increase-49-per-cent-in-year-to-july-20150802-giq12o.html

Canberra property values increase 4.9 per cent in year to July

Residential property values in Canberra rose more than all Australian capital cities, except Sydney and Melbourne, in the calendar year to July, with a 4.9 per cent increase, new figures show. But year-on-year figures published by the CoreLogic RP Data Home Value Index put Canberra behind all but two capital cities – Perth and Darwin – with a 1.2 per cent increase in capital growth when compared with the previous July.

The Canberra Times

http://www.afr.com/real-estate/residential/housing-investor-credit-growth-revised-up-to-107-per-cent-20150731-giol5t

Lending to landlords accelerates despite crackdown

The red-hot housing investor loan market is expanding even faster than thought, with figures showing growth accelerated to 10.7 per cent a year in June after billions of dollars in loans were reclassified as investor mortgages.

The Australian Financial Review