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US Secretary of State Rex Tillerson lists Texas holiday home for sale

The former ExxonMobil CEO has listed his Horseshoe Bay, Spanish-style beach house for US$3,975,000 (AU$5 million).

Victoria (Vic.)Melbourne Brighton

Featured Property

Imaginative Brighton East home by SAAJ Design with lush gardens and leafy golf-course views

This innovative home owned and designed by architect / industrial designer team, SAAJ Design, is for sale by Justin Follett and Marcus Heron of Follett & Co, and has a price guide of between $2.4 million to $2.64 million.

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

The Economy

Why is Melbourne's property market outpacing Sydney's?

Affordability, higher investor interest rates, and migration patterns favour the southern city.

South Australia (SA)

People

Bronte Manuel: South Australia's three-time auctioneering winner

Toop&Toop took home the main prizes at the 2017 Real Estate Institute of South Australia’s Auctioneering Championship, with Bronte Manuel winning top auctioneer for the third year running, and his colleague, Kirk Fernandez, winning novice of the year.

New South Wales (NSW)Sydney

People

Get to know David Tran of Laing+Simmons Liverpool

David Tran is the principal of Laing+Simmons's first 'partership' office, in which the company takes an ownership position in the business.

Victoria (Vic.)Melbourne Fitzroy

Featured Property

Historic neo-Renaissance Fitzroy landmark for sale

A grand Italianate mansion, opposite the Exhibition Building in Melbourne's exclusive Carlton Gardens, is for sale by Arch Staver and David Sanguinedo of Nelson Alexander Fitzroy.

Victoria (Vic.)Melbourne

The Economy

Is $40 Million a new benchmark for Melbourne high end residential?

New record set for residential property in Melbourne with the previous recorded at over $26 Million in Toorak for Besen House.

National New South Wales (NSW)Sydney Queensland (Qld)Brisbane Victoria (Vic.)Melbourne

The Economy

Auction market cooling, but still hot when the right property comes along

Clearance rates are down, but when the right property comes along, the demand is still there.

New South Wales (NSW)Sydney

The Economy

Flood of new rental properties drives inner-Sydney vacancy rate to two-year high

The flow of new rental properties into the inner-Sydney market saw vacancy rates hit a two-year high in June.

Queensland (Qld)Brisbane

Featured Property

Art Deco Brisbane home with contemporary extension and views to Mt Coot-tha

An outstanding family home on 1,027m², located in a prized location and with gorgeous views, is for sale through Daniel Argent of Urban Property Agents Paddington.

Pages

News Roundup

http://www.sunshinecoastdaily.com.au/news/gender-pay-gap-hits-record-high/2558853/

Real Estate gender pay gap $28.7%

New Australian Bureau of Statistics data shows the national gender pay gap has risen to a record-high. The financial and insurance services industry had the highest gender pay gap (29.6%), followed by health care and social assistance (29.1%) and rental, hiring and real estate services (28.7%).

Sunshine Coast Daily

https://au.news.yahoo.com/vic/a/26456300/real-estate-agent-strips-down-to-sell-homes/

Agent strips down to sell house

Bellarine property agent Levi Turner has switched his suit and tie for swimmers in a promotional video where he sprints shirtless from the Barwon River to the back deck of the house he is trying to market.

Yahoo

http://www.mortgagebusiness.com.au/breaking-news/8213-govt-warned-that-real-estate-reforms-could-prove-costly?utm_source=Mortgage%20Business&utm_campaign=Mortgage_Business_Newsletter27_02_2015&utm_medium=email

Fees for foreign buyers say 'we don't want you'

Simon Henry, the co-chief executive of Juwai, a listings portal for China-based real estate investors, has labelled the government's proposed fees for foreign buyers "basically a $200 million stamp duty for offshore buyers, and stamp duties discourage investment.” Henry said, “The proposals say to foreign buyers, 'We don’t want you and we won’t treat you fairly’."

Mortgage Business

http://www.afr.com/p/business/financial_services/apra_chief_wayne_byres_flags_financial_OqsPVFCOmY7cnhu6fwfj5M

Warning over loans to property investors

The Australian Prudential Regulation Authority (APRA) has warned banks that they must be prudent when lending to property investors. APRA chairman Wayne Byres told a Senate committee on 25 February 2015 that default risk increases when interest rates are low and house prices are high.

The Australian Financial Review

http://www.architectureanddesign.com.au/news/made-in-china-with-asbestos-mba-raises-alarms

Asbestos warning from Master Builders Australia

Master Builders Australia have released an alarming media release warning the Australian design and construction industry to be wary of imported Chinese building products “laced with asbestos”.

Architecture & Design

http://thenewdaily.com.au/money/2015/02/25/facts-defy-claims-qld-fear-mongers-foreign-ownership/

Asian investors do not own vast tracts of Australian farmland

Claims that Chinese investors own vast tracts of Australian farmland are not supported by official data.

The New Daily

http://www.cricketcountry.com/articles/how-a-cricketer-became-a-real-estate-agent-mick-malones-interesting-story-256459

From The Ashes to real estate

How a cricketer became a real estate agent: Mick Malone’s interesting story.

Cricket Country

http://www.afr.com/p/national/home_building_grows_stall_record_3vODpyODoKbZwqelPYQd6O

Home building grows to record in 2014

New figures show that $54.4 billion worth of residential dwellings were built across Australia during 2014, compared with $49.3 billion in 2013. Dwelling commencements in the December 2014 quarter topped $14.3 billion, an increase of 12.3 per cent.

The Australian Financial Review