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Sydney records strongest office rental growth globally, Melbourne second: JLL
Sydney has again recorded the fastest office rental growth in the world, with a rate of 30.1 per cent growth over the year, according to JLL's Global Office Index.
Even owners would be happy to see property prices fall
New research from ME Bank has revealed that 24 per cent of home owners and 20 per cent of investors would like to see property prices fall, revealing a perception in the market that house prices have risen to such heights they are now "unfair".
REIV's online petition will give landlords a voice
Richard Simpson, president of the REIV, says the Victorian government's efforts to make renting fairer could cause rents to rise and lower the supply of property available to rent.
Featured Property
The Gold Coast's most talked about home, designed by Paul Uhlmann
Ed Cherry of Sophie Carter Exclusive Properties told SCHWARTZWILLIAMS, "The most striking thing is how the Hill Residence gives the illusion that it is seamlessly floating down Burleigh Heads Hill, while capturing the views of the city skyline."
Property prices 20% lower on streets with silly names, high school study finds
Students at Geelong's Sacred Heart College have shown that house prices are about 20 per cent lower on streets with silly names.
Design for Newcastle's new cruise-ship terminal released
The new terminal will allow larger and a greater number of cruise ships into Newcastle, providing a boost to the local economy.
Elvis Presley's former Palm Springs home for sale
A historic modernist Palm Springs estate known as 'The Elvis Presley Honeymoon Hideaway' is on the market for $7.7 million.
Featured Property
'Mandalay': a magnificent 77-hectare Southern Highlands estate
One of the Southern Highlands' most coveted properties, this significant 77-hectare estate is just kilometres from charming Exeter village. For sale by Christie's International Real Estate Double Bay.
Sydney's true clearance rate could be 40%: John Cunningham, REINSW
An unusually high percentage of Sydney auction results weren't reported last week, says REINSW president John Cunningham, causing him to ponder the worst-case scenario: if those properties didn't sell, Sydney's clearance rate could be 40 per cent.
32-hectare Noosa beachfront estate achieves record price of more than $10m
Australia's "ultimate beachfront estate", Laguna, has sold for a record Noosa price through Adrian Reed of Dowling & Neylan.
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