<p>Too often, heritage buildings become the podium for a contemporary tower. At <a href="https://www.apartments.com.au/new-apartments/623-collins-607-623-collins-street-melbourne-vic-3000">623 Collins</a>, <a>Sterling Global</a> challenged its design team to reverse that process.</p>

<p>The brief to <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> was deliberately simple: "Don't design around the heritage. Design from it." It became the philosophy behind a project that draws inspiration not only from two landmark heritage buildings, but from Collins Street itself, a street layered with architectural history and civic significance.</p>

<p>That philosophy has shaped one of <a href="https://www.apartments.com.au/developments/melbourne-vic-3000">Melbourne</a> CBD's most considered residential projects, where the 1924 State Savings Bank and neighbouring Batman's Hill Hotel have become the architectural foundation for 623 Collins rather than remnants preserved beneath a new development.</p>

<p>[smartcode_project:default project_id=145324 project_image_fid=372749]</p>

<p>Rather than approaching the site as a blank canvas, <a href="https://www.apartments.com.au/developers/sterling-global">Sterling Global</a> saw the existing buildings as the beginning of the story.</p>

<p>"Sites like this rarely become available," the developer said.</p>

<p>"623 Collins wasn't simply an opportunity to develop a prominent CBD site. It was an opportunity to restore and reimagine one of Melbourne's important heritage landmarks while contributing to the continued evolution of Collins Street. For us, the existing buildings weren't constraints. They were the beginning of the story."</p>

<p>Instead of mimicking the ornate heritage architecture, Plus Studio studied the proportions, rhythm and craftsmanship of the original buildings before translating those characteristics into a contemporary 42-storey tower.</p>

<p>[smartcode_project:default project_id=145324 project_image_fid=372748]</p>

<p>"The brief challenged us to create a contemporary landmark that respected Melbourne's architectural history without becoming nostalgic," Plus Studio said.</p>

<p>"Rather than mimicking heritage, we sought to understand its proportions, rhythm and material language before translating those qualities into a distinctly contemporary architectural expression."</p>

<p>The practice says the State Savings Bank and Batman's Hill Hotel became the project's primary source of inspiration, allowing the heritage buildings and contemporary architecture to exist "in conversation rather than contrast." Generous planted terraces further soften the transition between old and new, creating elevated green spaces while reinforcing the dialogue between the restored podium and the contemporary tower.</p>

<p>That dialogue continues throughout the interiors, where Melbourne designer Fiona Lynch developed a material palette inspired by the idea of alchemy, balancing contrasting materials that reference both the Neo-Grec detailing of the original bank and contemporary urban living. The result is a series of spaces that feel timeless rather than trend-driven.</p>

<p>[smartcode_project:default project_id=145324 project_image_fid=354343]</p>

<p>The project will deliver 316 residences across four collections, Heirloom, Signature, Reserve and the Penthouse Collection, with each responding differently to its position within the building, from the restored heritage podium through to the upper levels of the tower. The Heirloom Residences retain defining heritage elements including original heritage windows, generous proportions and high ceilings, while the tower introduces contemporary homes with expansive layouts and elevated views.</p>

<p>Amenities have likewise been designed to support long-term city living rather than short-stay convenience. Residents will have access to concierge services, wellness facilities including a pool, cold plunge, sauna, steam room and gym, alongside private lounges, entertaining spaces and dedicated resident clubs.</p>

<p>Sterling Global says that approach is resonating with buyers seeking permanence rather than novelty.</p>

<p>[smartcode_project:default project_id=145324 project_image_fid=354347]</p>

<p>According to the sales team, purchasers are looking for enduring architecture, generous floorplans, heritage character and long-term value, with many commenting that 623 Collins "doesn't feel like another apartment development" because of the way the architecture has been curated around the site's history.</p>

<p>Situated on the prominent corner of Collins and Spencer streets, the project occupies one of Melbourne's most recognisable gateway sites, marking the western entrance to the city's best-known street. For Sterling Global, it also reflects a broader shift in city-making.</p>

<p>"Rather than maximising development yield, the project embraces adaptive reuse as a design philosophy, allowing heritage to inform architecture, interiors and the overall resident experience," the developer said.</p>

<p>"The result is a building that feels uniquely connected to Melbourne."</p>

<p>[smartcode_project_cta:default project_id=145324]</p>


Joel Robinson

How Sterling Global designed 623 Collins from Melbourne's history

<p>Avant Townhomes is adding to Ivanhoe’s family-sized housing options with <a href="https://www.apartments.com.au/new-townhouses/three-82-ivanhoe-382-upper-heidelberg-road-ivanhoe-vic-3079">Three 82</a>, a collection of just 16 four-bedroom townhomes on Upper Heidelberg Road.</p>

<p>The <a href="https://www.apartments.com.au/developers/intrapac-property">Intrapac Property</a> townhome division has taken a contemporary approach to the traditional family home, pairing larger floorplans with the lower-maintenance format of a townhouse.</p>

<p>[smartcode_project:default project_id=152069 project_image_fid=374394]</p>

<p>Designed by <a href="https://www.apartments.com.au/architects/arcadia-studio">Arcadia</a>, with landscaping by Landsite, the homes feature generous open-plan living and dining areas that connect directly to outdoor spaces, with layouts also designed to maximise natural light and privacy.</p>

<p>Natural stone is used throughout the interiors, including in kitchens that pair stone surfaces with bespoke cabinetry, considered storage and SMEG appliances.</p>

<p>The four-bedroom layouts include built-in wardrobes and a main bedroom with its own ensuite, while family bathrooms service the additional bedrooms. Each home also includes a lock-up double garage and intercom entry.</p>

<p>[smartcode_project:default project_id=152069 project_image_fid=374399]</p>

<p>Energy efficiency has been incorporated into the design through solar panels, double glazing and reverse-cycle heating and cooling, with the homes targeting 7-star energy ratings.</p>

<p>Rather than incorporating extensive communal facilities, Three 82 has been conceived around private residential amenity, with the 16-home scale keeping the focus on individual homes and their own indoor and outdoor spaces.</p>

<p>The development is located at 382 Upper Heidelberg Road, around one kilometre from Ivanhoe Village's cafés and retail and a short drive from Eaglemont Station and Ivanhoe Station.</p>

<p>[smartcode_project:default project_id=152069 project_image_fid=374393]</p>

<p>Several of Ivanhoe's established schools are also nearby, including Ivanhoe Girls' Grammar and Ivanhoe Grammar School. The address also provides access to the suburb's parklands and the wider Yarra River corridor.</p>

<p><a href="https://www.apartments.com.au/project-marketer/nelson-alexander">Nelson Alexander</a> has been appointed to handle sales.</p>

<p>Construction is underway and progressing well, with Three 82 currently tracking toward completion in Q2 2027.</p>

<p>[smartcode_project_cta:default project_id=152069]</p>


Three 82 brings boutique four-bedroom townhome collection to Ivanhoe

<p>Builder-developer&nbsp;<a href="https://www.apartments.com.au/developers/graya">Graya</a> has secured a prime Newstead site from fellow developer Fraser, subsequently lodging plans for The Silo, a major mixed-use residential project in Newstead designed around a new public laneway linking the James Street precinct with the wider Gasworks and Newstead neighbourhood.</p>

<p>Proposed for the corner of Chester and Morse streets, the <a href="https://www.apartments.com.au/architects/bureauproberts">Bureau^Proberts</a>-designed project places its strongest emphasis at ground level, where retail, landscaping and a new cobblestone pedestrian connection would open the site to the surrounding neighbourhood. The design team describes The Silo as “more than a residential building”, positioning the development as an extension of Newstead’s public realm rather than a standalone apartment tower.</p>

<p>“A new cobblestone laneway and landscaped connection between James Street and Gasworks unlock a missing pedestrian link, improving walkability and stitching together two of Brisbane’s significant urban destinations,” Bureau Proberts said in its Urban Design Report.</p>

<p><img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="0ea1b06a-75f5-40a5-b2c5-33c97bc86052" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/silo%20bldg.png?VersionId=KmjsAtNePu57_B31EM_DJ5T6KPJHtcmo" /></p>

<p>The Silo is planned as a mixed-use development incorporating apartments alongside a bar and centre activities including food and drink outlets, indoor sport and recreation, office and retail uses.</p>

<p>Architecturally, Bureau Proberts has conceived the building as a collection of vertically expressed, stepping forms rather than a single uniform tower. The composition rises from an articulated podium before being broken by a triple-height landscaped recreation level, with the upper section becoming more compact before terminating in a landscaped rooftop garden.</p>

<p>The project's name and architectural language draw directly from Newstead's industrial history. Patterned off-form concrete is proposed as the principal façade material, complemented by slender metal rod balustrades and extensive planting. The cylindrical and vertically ribbed elements give the building its silo-like expression, while curved balconies and planted edges introduce a softer subtropical layer.</p>

<p>“The Silo reinterprets its robust forms, scale and materiality through a contemporary subtropical architectural expression, creating a building that acknowledges its industrial legacy, while responding to the way the precinct is occupied today,” Bureau^Proberts said.</p>

<p>The recreation level is one of the defining breaks in the tower. Plans include a lap pool, mature subtropical planting and shared resident facilities within an elevated communal garden. Landscaping continues through the podium and onto the rooftop, where a further garden forms what the architects describe as a “subtropical crown” to the building.</p>

<p><img alt="First look: Graya plans The Silo as new pedestrian link between James Street and Gasworks" data-entity-type="file" data-entity-uuid="f8451036-35a4-49a9-8d88-2ef4438eba3d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Silo%20Lane.png?VersionId=h8N31_rYmCEqoNrpt4kbYVQhJGZn60LH" /></p>

<p>At street level, the development has been designed to establish a more permeable block. Retail and hospitality tenancies address the public realm, while landscaped pedestrian spaces lead into the new laneway connection. Renders in the design report show the proposed “Silo Lane” as a substantial opening through the podium, framed by cylindrical concrete forms with cascading planting above.</p>

<p>The Silo continues Graya's move into larger apartment developments after building its reputation across high-end residential projects in Brisbane and the Gold Coast.</p>


Graya buys Frasers Newstead site, plans The Silo between James Street and Gasworks precincts

<p><a href="https://www.apartments.com.au/developers/wickton">Wickton</a>’s completed Linacre Rise development in Hampton is giving Bayside downsizers the opportunity to move into a spacious apartment near the beach, with the developer covering stamp duty for a limited time.</p>

<p>The 27-residence development has been designed for buyers who want to simplify their living arrangements without giving up the space, warmth and quality associated with a long-term family home. Most apartments have already been secured by Bayside locals, leaving a select collection of two and three-bedroom residences and penthouses available.</p>

<p>Two-bedroom apartments are priced from $1.275 million, three-bedroom residences from $2.25 million and penthouses from $3.375 million, with the completed homes available to inspect and move into now.</p>

<p>[smartcode_project:default project_id=95289 project_image_fid=366760]</p>

<p><a href="https://www.apartments.com.au/buildings/linacre-rise-hampton-8-10-linacre-road-hampton-vic-3188">Linacre Rise</a> occupies an elevated position on one of <a href="https://www.apartments.com.au/developments/hampton-vic-3188">Hampton</a>’s quiet, tree-lined streets, around 250 metres from the bay and 500 metres from Hampton’s village centre. Its setting gives residents access to the beach, local cafés, shops and Hampton Train Station while retaining the feel of an established residential neighbourhood.</p>

<p>Architecture and interiors by <a href="https://www.apartments.com.au/architects/ewert-leaf">Ewert Leaf</a> draw on the warmth and permanence of traditional brickwork, with the building integrated into terraced landscaping by <a href="https://www.apartments.com.au/landscape-architect/john-patrick-landscape-architects">John Patrick</a>. Ground-floor apartments are elevated above the street and include private garden courtyards, while several upper-level residences have generous balconies and outlooks toward the bay.</p>

<p>Inside, the residences favour natural materials and generous proportions. Herringbone-pattern European oak flooring, natural stone benchtops, premium joinery and Swiss V-ZUG appliances are among the key inclusions, while integrated storage has been incorporated across kitchens, bathrooms, studies and living areas.</p>

<p>The kitchens have been planned as practical spaces for both everyday use and entertaining, with substantial island benches, detailed cabinetry and adjoining dining and living zones. Full-height wardrobes, plush bedroom carpeting and carefully considered lighting reinforce the residential character Wickton sought to retain for buyers moving from larger homes.</p>

<p>[smartcode_project:default project_id=95289 project_image_fid=366769]</p>

<p>A Linacre Rise purchaser said the completed apartment had delivered the space, outlook and construction quality they had been seeking.</p>

<p>“The unit is very light, has views to die for over the bay, all construction materials and fittings are premium quality, we have secure parking for three cars, EV charging at very competitive rates, the neighbours are friendly and there is just a lovely ambiance about the place,” the purchaser said.</p>

<p>Environmental features include solar panels, shared electric vehicle charging stations, rainwater harvesting for toilet flushing and landscape irrigation, double-glazed windows and water-efficient fixtures and appliances.</p>

<p>[smartcode_project:default project_id=95289 project_image_fid=366762]</p>

<p>The development was built by Balmain &amp; Co, with Wickton managing the broader development process through its in-house team.</p>

<p>For downsizers, the project’s completed status removes much of the uncertainty associated with buying off the plan. Purchasers can inspect the finished apartments, understand their outlook and proportions, and move in without waiting for construction to conclude.</p>

<p>The remaining selection includes north-oriented balconies, corner configurations and penthouses with elevated bay views. The developer-paid stamp duty initiative is available for a limited time, with potential savings of up to $200,000 depending on the residence purchased.</p>

<p>[smartcode_project_cta:default project_id=95289]</p>


Limited-time stamp duty offer at completed Linacre Rise apartments in Hampton

<p>Luxury apartment buyers have long prioritised design, space and finishes, but increasingly they're placing equal importance on something less tangible: how easily they can live without relying on a car.</p>

<p>At <a>Richmond Square</a>, <a href="https://www.apartments.com.au/developers/fortis">Fortis</a> believes that convenience begins beyond the apartment itself, with the mixed-use precinct earning a near-perfect Walk Score of 99.</p>

<p>The development has been planned around the idea that some of the most valuable amenities aren't contained within a building, they're the restaurants, cafés, parks, transport connections and daily conveniences that can all be reached on foot.</p>

<p>Located just behind Swan Street and Church Street, <a href="https://www.apartments.com.au/new-apartments/richmond-square-1-wiltshire-street-richmond-vic-3121">Richmond Square</a> places residents within one of Melbo​u​rne's most established lifestyle precincts while offering a quieter residential setting removed from the busiest thoroughfares. East Richmond Station is moments away, trams run along both Swan and Church Streets, and the MCG, Melb​​ourne Park, Yarra River trails and the CBD are all within walking distance. At the same time, the precinct itself will introduce a curated mix of dining, retail, hospitality and wellness offerings, creating a destination that extends well beyond its residential buildings.</p>

<p>[smartcode_project:default project_id=13181 project_image_fid=348530]</p>

<p>For Fortis, that combination of location and scale was what made the site unique.</p>

<p>"<a href="https://www.apartments.com.au/developments/richmond-vic-3121">Richmond</a> is one of Melb​o​urne's most established and distinctive inner-city neighbourhoods, with a rare combination of dining, culture, recreation, public transport and proximity to the CBD," the developer said.</p>

<p>"The opportunity at Wiltshire Street was particularly compelling because the site sits slightly removed from the activity of Swan and Church Streets while remaining only moments from everything that makes the area desirable."</p>

<p>Rather than developing a standalone apartment building, Fortis consolidated 15 individual properties to create one of the larger development parcels assembled on Mel​b​ourne's city fringe in recent years. That allowed the team to deliver a genuine mixed-use precinct comprising 107 residences across Wiltshire House and Carmine House, premium office space, hospitality venues, retail, wellness offerings and a future 57-room hotel.</p>

<p>"The scale of the site allowed Fortis to think beyond a standalone apartment building," the developer said.</p>

<p>"Richmond Square could be planned as a complete lifestyle precinct, bringing homes, workplaces, dining, retail, hospitality and wellness together around a series of activated public spaces. The aim was to create a destination that feels connected to Richmond rather than separate from it."</p>

<p>[smartcode_project:default project_id=13181 project_image_fid=348533]</p>

<p>The emphasis on walkability has also resonated with buyers.</p>

<p>Interest has been strongest from established owner-occupiers, particularly downsizers from Richmond and Melb​ourne's inner east who want to remain close to familiar restaurants, workplaces, family and social networks while moving into a more secure, lower-maintenance home. The project is also attracting Mornington Peninsula and interstate buyers seeking a Melb​ourne residence they can lock up and leave between visits.</p>

<p>Many are looking for generous living spaces, room to entertain, quality finishes and confidence in the project team, but location remains one of the biggest deciding factors.</p>

<p>"For many buyers, Richmond Square provides a way to simplify the practical side of home ownership without reducing the quality of their lifestyle," the sales team said.</p>

<p>"Location is also a major driver of interest. Buyers can remain connected to the CBD, major sporting events, the arts centres, local restaurants, cafes and bars and their family while living in a private and secure residence that is easy to lock up and leave for weekends or longer periods away."</p>

<p>[smartcode_project:default project_id=13181 project_image_fid=348549]</p>

<p>The residences themselves have been designed with that buyer in mind. Award-winning architecture practice SJB and interior designers Hecker Guthrie have created spacious two and three-bedroom apartments and penthouses that prioritise generous living areas, natural light, bespoke joinery and private terraces. Above, a rooftop sanctuary by Acre includes landscaped lawns, bookable dining rooms, barbecue facilities, wellness spaces and panoramic views across the CBD, the MCG and Port Phillip Bay.</p>

<p>Fortis believes Richmond Square reflects a broader evolution in apartment living, where the surrounding neighbourhood becomes just as important as the residence itself.</p>

<p>"Richmond Square introduces a different proposition: generously proportioned residences within a genuinely mixed-use, hospitality-led destination," the developer said.</p>

<p>"The project's location and Walk Score of 99 further support a lifestyle where residents can complete many everyday journeys without relying on a car."</p>

<p>Fortis has assembled an experienced team that includes <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, <a href="https://www.apartments.com.au/interior-designers/hecker-guthrie">Hecker Guthrie</a>, <a href="https://www.apartments.com.au/landscape-architect/acre">Acre</a> and builder <a href="https://www.apartments.com.au/builders/hacer-group">Hacer Group</a>, reflecting the developer's commitment to creating projects with enduring design quality and meaningful connections to the communities in which they sit.&nbsp;</p>

<p>Richmond Square is an expression of that philosophy, bringing together homes, workplaces, hospitality and wellness within one of Me​lb​ourne's most walkable neighbourhoods.&nbsp;</p>

<p>Construction is now almost complete, providing purchasers with growing confidence ahead of its expected September 2026 completion.</p>

<p>[smartcode_project_cta:default project_id=13181]</p>


Walk Score of 99 places Richmond Square at the heart of Melbourne's most connected lifestyle

<p>Prominent New Zealand apartment and hotel operator, <a href="/developers/safari-group">Safari Group</a>, is offering up a prime investment opportunity for Australians to purchase off the plan in one of the world’s most popular ski destinations.</p>

<p>They recently took to market Mountain Oak Queenstown Apartments, in the growing precinct of Remarkables Park in Frankton, near the airport and at the foot of The Remarkables - the mountain range the locals like to call “The Remarks”.&nbsp;</p>

<p>Sydney investors have shown interest in the one, two and three-bedroom apartments that secure high-season occupancy six months over the year, primarily over summer and winter months.</p>

<p>They average 90 per cent occupancy across their portfolio over January, February, March, August, November and December, while shoulder season months of April, July, September and October are still occupied 70 per cent of the time, with the growing appeal of Queenstown becoming not just a hotspot for the snow, but a lifestyle destination.</p>

<p>Even in the low seasons of May and June, occupancy levels reach around 40 per cent.</p>

<p><img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_auto/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Ext_Cam15_Sunny.jpg?VersionId=SJAROUM_1s.Tr5ciMk4EEj5oAt_Vewmv" /></p>

<p>Safari’s Safari Hotels arm can also manage the holiday letting for an investor, from the listing on holiday accommodation websites such as Airbnb and Booking.com to the cleaning and maintenance of the investment. They’ve been in the short stay management business for 15 years and offer 24/7 support for investors, an important convenience benefit for any overseas investor</p>

<p>Another major drawcard for Australians is that New Zealand doesn’t have a stamp duty policy - so the entry price of NZ$639,000 (AU$586,000), is all that is payable on completion.</p>

<p><img alt="Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/313_Livingv2_WEB.jpg?VersionId=nV229fM0ZeYpoxOrX372HyGjfwY_LR8c" /></p>

<p>Safari is starting construction of the 141 apartments in Q2 this year, with a two-year build estimated to complete in mid-to-late 2027.<span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><span><img alt="" data-entity-type="" data-entity-uuid="" height="15" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXczFpFAb7WuA6f4f9TtKWcqXyNwR8qqtakWv352ERkpqNlP3KwIo8YKxw67jZNHfpjEGIZGv5MQTbnvLZwNt8iu9IVdOrswOjCvBZ4zhSoOOLrpt6etVEZTN1gkBho0r_R72zdHNA?key=yq3daOanqHSb88QFd8jGYKdb" title="Click and drag to move" width="15" /></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span></span><span><span><span><span><span><span>​</span></span></span></span></span></span></p>

<p>The apartments will feature modern amenities and contemporary designs with expansive windows capturing sweeping views of The Remarkables mountain range.&nbsp;</p>

<p>Interiors are equipped with modern finishes, premium appliances, and secure electronic key-locked doors, ensuring a comfortable living experience for residents and guests alike.</p>

<p>With its strategic location near Coronet Peak and Cardrona Alpine Resort, as well as key retail and dining precincts such as Market Street, Five Mile Shopping Centre, and Remarkables Market, Mountain Oak offers a strong proposition for investors seeking high rental yields and capital appreciation in one of New Zealand’s most sought-after locations.&nbsp;</p>

<p>Queenstown’s sustained demand for visitor accommodation and rental properties is underpinned by a shortage of housing options, attracting both local and international buyers.</p>


Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

<html><body>
<p>A Queen Anne-style residence in Hawthorn is on the market with $4 million plus hopes.</p>
<p>The five-bedroom home at 27 Kinkora Road Hawthorn boasts art nouveau features restored by master craftsman Derek Marvelley.</p>
<p>The c1907 residence includes original formal rooms and recently renovated living areas.</p>
<p>Boasting bay windows, polished timber floors and an arched hallway, the 1,393-square-metre property also includes an outdoor entertaining area and pool.</p>
<p>IT industry figured Carmelo Zampaglione and his wife, Gina, have owned the Queen Anne residence for 15 years.</p>
<p>The couple bought the property from former footballer Barry Richardson in 1998 for $1.15 million.</p>
<p>The property is due to go under the hammer on August 24 through <a href="https://www.27kinkoraroadhawthorn.com/" target="_blank">James Tostevin of Marshall White.</a></p>
<p>The most expensive sale in the street was for an Italianate mansion at 39 Kinkora Road, which sold at auction in 2007 for $5.205 million.</p>
<p>The median house price in <a href="/news">Hawthorn</a> is $1,222,500, a 2.7% change in five years, according to RP Data.</p>
<p>{qtube vid:=F3BJ1Ry__Ik}</p>
</body></html>

ntrotman-Et3xWpamVh

Queen Anne-style Hawthorn house with $4 million plus hopes

<html><body>
<p>With the property market back on the rise and investors coming back in droves, it is important for first time and seasoned investors to know what to look for in an investment property.</p>
<p><img alt="numberonejuly11" src="/images/stories/2013/07/NUMBERS/numberonejuly11.jpg" width="30" height="38" style="float: left;">Do your research and know what types of locations are suitable for budget and your strategy. There are some excellent online resources to showing average rental returns, property values and sales history for most areas in Australia.</p>
<p><img alt="numbertwojuly11" src="/images/stories/2013/07/NUMBERS/numbertwojuly11.jpg" width="30" height="35" style="float: left;"></p>
<p>The best buy is often considered the ‘two plus two dwelling’: two bedrooms and two bathrooms. Despite one-bedroom properties selling and renting quicker, two bedroom dwellings have double the capacity, making rental rises easier to afford.</p>
<p><img alt="numberthreejuly11" src="/images/stories/2013/07/NUMBERS/numberthreejuly11.jpg" width="30" height="39" style="float: left;"></p>
<p>The money that you put into fixing up a property to attract renters may be your biggest downfall. Be careful if the property is going to take too much of your time and money.</p>
<p><img alt="numberfourjuly11" src="/images/stories/2013/07/NUMBERS/numberfourjuly11.jpg" width="30" height="39" style="float: left;"></p>
<p>The surrounding lifestyle is always important. Spend some time in the area to make sure that you can afford to charge where people will pay a premium. Also look at nearby schools, shopping, transport and employment.</p>
<p><img alt="numberfivejuly11" src="/images/stories/2013/07/NUMBERS/numberfivejuly11.jpg" width="30" height="33" style="float: left;">Speak to as many local agents as possible. Talking to a number of real estate agents in an area can give you an overall picture of the area, help you understand the growth potentials relating to the local economy and what areas potentially to avoid.</p>
<p><img alt="numbersixjuly11" src="/images/stories/2013/07/NUMBERS/numbersixjuly11.jpg" width="30" height="35" style="float: left;"></p>
<p>However, sometimes the areas they tell you to avoid can still be good to invest in.</p>
<p><img alt="numbersevenjuly11" src="/images/stories/2013/07/NUMBERS/numbersevenjuly11.jpg" width="30" height="36" style="float: left;"></p>
<p>Your renters are the source of your revenue and while higher rent may be ideal, remember that renters are primarily renters, meaning they will always be looking for lower rates in lifestyle centric areas.</p>
<p><img alt="numbereightjuly11" src="/images/stories/2013/07/NUMBERS/numbereightjuly11.jpg" width="30" height="32" style="float: left;"></p>
<p>With today’s uncertain economic climate it is important to have a backup plan or even an escape plan with the economy goes array.</p>
<p><i style="font-size: 14px;"><strong> </strong></i></p>
<hr>
<i style="font-size: 14px;"><strong> Robert Projeski </strong>is the founder and managing director of <a href="https://www.amo.com.au/" rel="nofollow" target="_blank">Australian Mortgage Options</a>, winner of over 12 industry awards. He is considered a leading property finance expert in Australia.</i>
</body></html>

rprojeski-4QFJisNwt8

Eight tips for choosing an investment property: Robert Projeski

<html><body>
<p>When earlier this month the interest rate cut by the RBA was announced, both major parties engaged in a rush to comment.</p>
<p>We are now being told on almost every front that rates are now at historically low levels. We then saw the majority of banks also moving fast to pass on the rate cut to their customers and as we know from past experience this is not always the case.</p>
<p>Clearly this indicates that over the past six months the dynamics of the residential property market have shifted.</p>
<p>However in spite of the rate cut induced publicity spree last week, have you noticed that unlike previous elections, at least to-date, there is an absence of any sort of clear-cut housing policy being debated or promoted by either of the big political parties?</p>
<p>Should this be a fact that we should be concerned about?</p>
<p>Back in January one of the points that I suggested would have a key impact on the market in 2013, was the emerging low interest rate environment.</p>
<p>As official interest rates might possibly head to 2% in 2014, the flow impact to the housing market is bound to have a material and possibly dramatic consequence.</p>
<p>For this reason alone there is I think a compelling case to look much more closely at housing policy as we approach election day. And for reasons I will return to, this includes the question of a possible adjustment to the rates and application of the GST.</p>
<p>In looking at the big picture I am not going to attempt in any way to suggest where policy could head, but I am keen to share some key facts as to why housing should not be relegated too far down the list of policy priorities.</p>
<p>The first point to consider is the fact that our population continues to grow while supply remains stubbornly low.</p>
<p>Australia’s annual growth rate currently sits around 1.8% while the world average is a much more modest 1.1%.</p>
<p>As already highlighted, supply is lagging and according to the Urban Taskforce the shortfall is as much as 50% of what is required.</p>
<p>According to the UTF just over 43 homes are being built for every 10,000 people and at 15,000 homes a year that’s half of what we need and looking at population growth they might just be on the numbers.</p>
<p>Faced with this reality at state government policy level we are seeing attempts to release more land, which is having some impact in Melbourne and Sydney and at the same time average lot sizes are being driven down.</p>
<p>But we are seeing strong demand, which in Sydney in particular is seeing new land release snapped up, and land prices continue to rise as estates sell-out.</p>
<p>The pressure on supply is even spilling over into the public housing sector where both NSW and Queensland are applying pressure to their tenants.  </p>
<p>NSW for example is talking about a sort of ‘bedroom tax’, or a surcharge on those with homes with un-used bedrooms. This must be a clear message that housing policy even at the most basic level is under extreme stress.</p>
<p> </p>
<hr class="system-pagebreak">
<p>So supply is under pressure, as it has been for years, but demand is on the increase.</p>
<p>Across many parts of Sydney for example auction clearance rates are above 70% and in some areas beyond 80%.</p>
<p>The trend is not universal but in the main where clearance rates are low this appears to be mainly in fringe areas and some holiday areas where spring and summer could see the rates go up.</p>
<p>Following upon very low interest rates there are some suggestions that a housing bubble might be building as low rates bring more buyers and investors into the market.</p>
<p>First time buyers are still a little reluctant, but as rents continue to rise, this might soon change if the gap between rents and mortgagee payments continues to grow.</p>
<p>Assuming an average mortgage of $308,000 current weekly repayments could be as low as $412 while renting a similar property would attract a rent of $500 per week.</p>
<p>It also appears that investors are, as you would expect, reacting to lower deposit rates, and soon even lower rates. Three years ago a fixed term deposit rate above 6% was common – not so today.</p>
<p>Investors are active and they have been driving much of the demand for new apartment product, they are also seeing house and apartment price growth. They are also getting good rental yields and good rental growth.</p>
<p>It remains to be seen if more renters become first-home buyers and as a result, potentially further house price rises as these groups compete for available stock as more interest rate cuts encourage both.</p>
<p>Leaving aside the possible hustle and bustle of the market, there is also the reality that population demographics are shifting and here again there is reason to suggest that a policy void is not a good thing.</p>
<p>We have a growing population and with a median age of 36 years, a young population with a mini baby boom and as such, a period of peak demand for housing.</p>
<p>From the last census we also see that median incomes are on the rise and now sit around $87,516 pa, between 2006 and 2011 that’s an increase of 20% but over the period rents have increased by 49%. House prices have gone up 49.2% and apartments 22.1%.</p>
<p>We are also seeing other demographic shifts with 15.9% of households now home to single parents and of those, females account for 82.4% and males 17.6%.</p>
<p>These figures serve to highlight that housing policy needs to keep pace with social change as well.</p>
<p>This highlights the need for better housing policy linked to infrastructure and suggests that the current election has not made a strong enough connection between the two apart from some road announcements.</p>
<p>Simply suggesting that 30-something buyers are simply too fussy is not in any way a real debate.</p>
<p>In Project Agenda there has been frequent comment on an urgent need to better fund infrastructure.  Many of the industry leaders have suggested that a move away from the burden of stamp duty could in part come from a higher rate of GST.</p>
<p>Now even if only on the margins and possibly not until 2016 the GST debate is part of a policy setting that will impact the housing market.</p>
<p>So as we look for housing policy to take its turn in the election spotlight, let’s just remind ourselves that there is now GST applied to existing homes.</p>
<p>But a GST of $45,000 is locked away inside the price for a new $500,000 home and that would increase to $56,250 if the rate went to 12.5% and this policy in fact makes new homes less affordable and possibly is a key factor helping to keep a lid on supply.</p>
<p>I think that for all of these reasons and many more, that the elephant in the room needs to be acknowledged as the election moves forward.</p>
<p><strong style="font-size: 14px;"><em>
<hr>
Peter Chittenden</em></strong><em style="font-size: 14px;"> is managing director for residential of <a target="_blank" rel="nofollow" href="https://www.colliers.com.au/Colliers%20Corporate/Residential.aspx">Colliers International.</a></em></p>
<p><em style="font-size: 14px;"><br></em></p>
</body></html>

pchittenden-eLqUUC8TWW

Housing policy is the elephant in the room this election period: Peter Chittenden

<html><body>
<p>The five key Australian Bureau of Statistics releases that keep property investors well informed:
</p>
<p align="left"><a href="https://www.propertyobserver.com.au/https://www.abs.gov.au/ausstats/abs@.nsf/mf/6416.0" target="_blank">House Price Index</a> – Eight Capital Cities 6416.0 released quarterly.</p>
<p align="left"><a href="https://www.propertyobserver.com.au/https://www.abs.gov.au/ausstats/abs@.nsf/mf/5609.0" target="_blank">Housing Finance Australia</a> 5609.0 released monthly.</p>
<p align="left"><a href="https://www.propertyobserver.com.au/https://www.abs.gov.au/ausstats/abs@.nsf/mf/3101.0" target="_blank">Australian Demographic Statistics </a>3101.0 released quarterly.</p>
<p align="left"><a href="https://www.abs.gov.au/AUSSTATS/abs@.nsf/DetailsPage/8750.0Dec%202010?OpenDocument" target="_blank">Dwelling Unit Commencements Australia</a> 8750.0 released monthly.</p>
<p><a href="https://www.propertyobserver.com.au/https://www.censusdata.abs.gov.au/census_services/getproduct/census/2011/quickstat/0" target="_blank">ABS QuickStats</a> – 2011 Census data released every five years.</p>
<p>Source: ABS</p>
</body></html>

po-LsXgBTHBmX

The five key ABS stats to monitor for property investors

<html><body>
<p>There are 32 regions in Australia where the property market is either at the bottom of the market or at the start of a recovery, according to Herron Todd White.</p>
<p>With 11 appearances, Queensland has the most locations on the list.</p>
<table width="400" cellpadding="0" cellspacing="0" border="0">
<colgroup>
<col width="127">
<col>
<col>
<col>
<col width="234">
<col>
<col>
<col>
<col width="39">
<col>
<col>
<col>
</colgroup>
<tbody>
<tr height="20">
<td width="127" height="20"><strong>Region</strong></td>
<td width="234"><strong>State of market</strong></td>
<td width="39"><strong>State</strong></td>
</tr>
<tr height="20">
<td height="20">Albury (h)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Albury (u)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Central Coast (u)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Central Coast (u)</td>
<td>Rising market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Coffs Harbour (h)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Coffs Harbour (u)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Dubbo (u)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Echuca (u)</td>
<td>Start of recovery</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Griffith (h)</td>
<td>Start of recovery</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Griffith (u)</td>
<td>Start of recovery</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Newcastle (h)</td>
<td>Start of recovery</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Newcastle (u)</td>
<td>Start of recovery</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Tweed Coast (h)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Tweed Coast (u)</td>
<td>Bottom of market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Wollongong (h)</td>
<td>Bottom of market - rising market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Wollongong (u)</td>
<td>Bottom of market - rising market</td>
<td>NSW</td>
</tr>
<tr height="20">
<td height="20">Brisbane (h)</td>
<td>Start of recovery</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Brisbane (u)</td>
<td>Start of recovery</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Bundaberg (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Bundaberg (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Cairns (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Cairns (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Hervey Bay (h)</td>
<td>Start of recovery - bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Hervey Bay (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Ipswich (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Ipswich (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Mackay (h)</td>
<td>Bottom of market - rising market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Mackay (u)</td>
<td>Bottom of market - rising market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Rockhampton (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Rockhampton (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Sunshine Coast (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Sunshine Coast (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Toowoomba (h)</td>
<td>Start of recovery - bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Toowoomba (u)</td>
<td>Rising market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Townsville (h)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Townsville (u)</td>
<td>Bottom of market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Whitsunday (h)</td>
<td>Bottom of market - rising market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Whitsunday (u)</td>
<td>Bottom of market - rising market</td>
<td>QLD</td>
</tr>
<tr height="20">
<td height="20">Adelaide (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Adelaide (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Adelaide hills (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Adelaide hills (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Barossa Valley (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Barossa Valley (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Iron Triangle (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Iron Triangle (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Mount Gambier (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Mount Gambier (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Riverland (h)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Riverland (u)</td>
<td>Bottom of market</td>
<td>SA</td>
</tr>
<tr height="20">
<td height="20">Ballarat (h)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Ballarat (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Gippsland (h)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Gippsland (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Latrobe Valley (h)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Latrobe Valley (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Melbourne (h)</td>
<td>Start of recovery</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Melbourne (u)</td>
<td>Start of recovery - bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Mildura (h)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Mildura (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Shepparton (h)</td>
<td>Declining market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Shepparton (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Wodonga (h)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Wodonga (u)</td>
<td>Bottom of market</td>
<td>VIC</td>
</tr>
<tr height="20">
<td height="20">Southwest WA (h)</td>
<td>Start of recovery</td>
<td>WA</td>
</tr>
<tr height="20">
<td height="20">Southwest WA (u)</td>
<td>Start of recovery</td>
<td>WA</td>
</tr>
</tbody>
</table>
Source: HTW</body></html>

awalsh-7Ub9EypybQ

Queensland tops list of 32 recovering or bottomed out property markets: Herron Todd White

<html><body>
<p>Kitchenware chain King of Knives, which has operated for 25 years and counts 60 locations across Australia and New Zealand, has been placed in administration.</p>
<p>While the reasons behind the insolvency remain unclear, the retail industry remains under intense pressure. The sector is one of the biggest sources of administration and insolvency appointments – and the kitchenware market is heating up.</p>
<p>King of Knives was placed in administration on August 15, with BRI Ferrier appointed. Administrators Andrew Cummins and Antony Resnick were contacted, but no reply was available prior to publication.</p>
<p>King of Knives, which continues to trade, was also contacted, but no reply was available.</p>
<p>The chain has an extensive history. Founded by retail veteran Ron Baskin in 1987, the business grew steadily and was sold to the ASX-listed RCG in 2004, which also owns and operates the successful Athlete’s Foot.</p>
<p>However, in 2007 RCG sold off the King of Knives chain for $4.5 million – discounted from the original price – back to a consortium led by the Baskin family. In a statement at the time, RCG head Ivan Hammerschlag said the business “absorbed a disproportionate amount of management time for insufficient upside”.</p>
<p>In the company’s report for the year ending June 2003, RCG said King of Knives had $22 million in revenue.</p>
<p>Baskin has an extensive amount of retail experience, and has been involved in several businesses including Sunglass World and Speciality Fashion Group.</p>
<p>The King of Knives chain is divided into separate entities, including the franchising group, which houses 14 locations. The business also operates stores under the Chef King brand, and has locations in New Zealand, which were significantly affected by the Christchurch earthquake in 2011.</p>
<p>A creditor’s meeting will take place on August 22.</p>
<p>While there is little information regarding the collapse, competition within the kitchenware market has increased over the past few years due to several factors, including the growth of online sales.</p>
<p>The popularity of cooking shows including <em>Masterchef</em>and <em>My Kitchen Rules</em> has led to a resurgence among kitchenware sales – according to IBISWorld, revenue has grown 0.8% each year across 2008-13, although growth increased after 2010.</p>
<p> </p>
<hr class="system-pagebreak">
<p>King of Knives Store Locations:</p>
<div style="font-size: 12px; font-weight: bold; margin-top: 24px; text-decoration: underline; color: #646257; font-family: Arial, Helvetica, sans-serif;" class="head">
<div class="store" style="border: medium; width: 340px; margin-top: 24px; margin-bottom: 18px; font-size: 12px; color: #646257; font-family: Arial, Helvetica, sans-serif;">KING OF KNIVES BELCONNEN
<div>Shop 145, Westfield Belconnen</div>
<div></div>
<div>Belconnen 2617 ACT</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES WODEN</div>
<div class="description">
<div>Shop G107,</div>
<div>Westfield</div>
<div>Woden Phillip 2606</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">CHEF KING CHATSWOOD CHASE</div>
<div class="description">
<div>Shop B007 Chatswood Chase Shopping Centre</div>
<div>345 Victoria Avenue</div>
<div>Chatswood 2067 NSW</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">CHEF KING RHODES</div>
<div class="description">
<div>Shop 61, Rhodes Waterside 1 Rider Boulevarde, Rhodes NSW 2138</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">CHEF KING SUPACENTA</div>
<div class="description">
<div>Shop T16, Homemakers SupaCenta Moore Park Todman Ave, Kensington NSW 2033</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES BLACKTOWN</div>
<div class="description">
<div>Shop 1018 Westpoint Shopping Centre 17 Patrick Street, Blacktown NSW 2148PO Box 8405 Blacktown NSW 2148</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES BONDI</div>
<div class="description">
<div>Shop 1043 Westfield Bondi Shopping Centre 500 Oxford St Bondi Junction NSW 2022</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CASTLE HILL</div>
<div class="description">
<div>Shop 314, Castle Towers Shopping Centre Castle Street, Castle Hill NSW 2154</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CHARLESTOWN</div>
<div class="description">
<div>Shop G8035, Charlestown Square Shopping Centre</div>
<div>048/30 Pearson Street</div>
<div>Charlestown 2290 NSW</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES ERINA</div>
<div class="description">
<div>Shop 91A, Erina Fair Shopping Centre</div>
<div>620-658 Terrigal Drive</div>
<div>Erina 2250 NSW</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES HORNSBY</div>
<div class="description">
<div>Shop 1026, Westfield HornsbyHornsby NSW 2077</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES KOTARA</div>
<div class="description">
<div>Shop 1-32, Garden City Shopping Centre, Cnr Park Avenue &amp; Northcott Drive, Kotara NSW 2289</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MIRANDA</div>
<div class="description">
<div>Shop 1031A, Westfield Miranda, The KingswayPO Box 115, Miranda NSW 2228</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES PENRITH</div>
<div class="description">
<div>Shop 48B, Penrith PlazaHenry Street, Penrith NSW 2750</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES QVB</div>
<div class="description">
<div>Shop 8, LGF QVB 455 George Street, Sydney NSW 2000</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES SHELLHARBOUR</div>
<div class="description">
<div>Shop 31A, Stockland ShellharbourLake Entrance Rd, Shellharbour NSW 2529 PO Box 288 Stockland Shopping Centre Shellharbour NSW 2529</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES TUGGERAH</div>
<div class="description">
<div>Shop 2047, Westfield Shopping Town, Wyong Road, Tuggerah NSW 2259</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES WARRINGAH MALL</div>
<div class="description">
<div>Shop 218, Warringah MallBrookvale NSW 2100</div>
</div>
KING OF KNIVES DARWIN
<div>Shop 7, Casuarina Shopping SquareCasuarina NT 0810</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CAIRNS - EARLVILLE</div>
<div class="description">
<div>Shop 82 Stockland Shopping Centre</div>
<div>537 Mulgrave Road</div>
<div>Earlville, Cairns 4870 QUEENSLAND</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CAIRNS CENTRAL</div>
<div class="description">
<div>Shop 60, Cairns Central Shopping Centre Cairns QLD 4870</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CARINDALE</div>
<div class="description">
<div>Shop 2006, Carindale Shopping Centre Carindale QLD 4152</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CHERMSIDE</div>
<div class="description">
<div>Shop 180A, Westfield Chermside Chermside QLD 4032</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES GARDEN CITYBRISBANE</div>
<div class="description">
<div>Shop 2127A, Garden City Shopping Centre Upper Mt Gravatt QLD 4122</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES INDOOROOPILLY</div>
<div class="description">
<div>Shop 3083, Indooroopilly Shopping Centre Indooroopilly QLD 4068</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MACKAY</div>
<div class="description">
<div>Shop 16, Caneland Shoppingtown Mangrove Road, Mackay QLD 4740</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MYER BRISBANE</div>
<div class="description">
<div>Shop 78, Myer Centre Queen Street Mall, Brisbane QLD 4000</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES NOOSA</div>
<div class="description">
<div>Shop T1066 Noosa Civic Eenie Creek Road Noosaville QLD 4566</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES PACIFIC FAIR</div>
<div class="description">
<div>Shop 17, Pacific Fair Shopping Centre PO Box 517, Pacific Fair QLD 4218</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES ROBINA</div>
<div class="description">
<div>Shop No 2006, Level 2 North Mall</div>
<div>Robina Town Centre, 176 Robina Drive</div>
<div>Robina 4226 QLD</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES ROCKHAMPTON</div>
<div class="description">
<div>Shop 95, Stockland Rockhampton Rockhampton QLD 4701</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES TOOWOOMBA</div>
<div class="description">
<div>Shop 112, Grand Central, Cnr Margaret &amp; Dent Sts PO Box 6588, Toowoomba West QLD 4350</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES TOWNSVILLE DOMAIN</div>
<div class="description">
<div>Shop 15, Building I, Domain Central, 103-141 Duckworth Street</div>
<div></div>
<div>Garbutt 4814 QLD</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES TOWNSVILLE STOCKLAND</div>
<div class="description">
<div>Shop 139, Stockland Townsville 310-330 Ross River Road, Aitkenvale QLD 4814</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">MAROOCHYDORE</div>
<div class="description">
<div>Shop 111A, Sunshine Plaza, Maroochydore Road</div>
<div></div>
<div>Maroochydore 4558 QLD</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CITY CROSS ADELAIDE</div>
<div class="description">
<div>Shop T45, City Cross Arcade</div>
<div>32 Grenfell St Rundle Mall</div>
<div>Adelaide 5000 SA</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MARION</div>
<div class="description">
<div>Shop 2012, Westfield Marion</div>
<div>297 Diagonal Road</div>
<div>Oaklands Park 5046 SA</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES WESTLAKES</div>
<div class="description">
<div>Shop T253A, Westlakes Mall</div>
<div></div>
<div>Westlakes SA 5021</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CHADSTONE</div>
<div class="description">
<div>Shop 255 Chadstone Shopping Centre</div>
<div></div>
<div>Chadstone 3148 Victoria</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES EASTLANDS</div>
<div class="description">
<div>Shop L69, Eastland Shopping CentreRingwood VIC 3134</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES FOUNTAIN GATE</div>
<div class="description">
<div>Shop 2095, 352 Princes Highway</div>
<div></div>
<div>Narre Warren 3805 VIC</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES FRANKSTON</div>
<div class="description">
<div>Shop 187, Bayside North Shopping Centre Frankston VIC 3199</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES HIGHPOINT (Trading as Chef King)</div>
<div class="description">
<div>Shop L02.2058, Highpoint 120-200 Rosamond Road</div>
<div></div>
<div>Maribyrnong 3032 VIC</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MELBOURNE CENTRAL</div>
<div class="description">
<div>Shop GD 020 Melbourne Central211 Latrobe Street, Melbourne VIC 3000</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES NORTHLAND</div>
<div class="description">
<div>Shop W001A, Northland Shopping Centre 2-50 Murray Road, East Preston VIC 3072</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES SOUTHLAND</div>
<div class="description">
<div>Shop 3053, Westfield SouthlandNepean Highway, Cheltenham VIC 3192</div>
</div>
<div class="storelist" style="color: #646257; font-family: Arial, Helvetica, sans-serif; font-size: 12px;">
<div id="state2" class="storelist">
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">CHEF KING HARBOUR TOWN</div>
<div class="description">
<div>Shop A29, Harbourtown 840 Wellington Street, Perth WA 6000</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES BOORAGOON</div>
<div class="description">
<div>Shop 19, Garden City Shopping Centre 125 Riseley St, Booragoon WA 6154</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES CAROUSEL</div>
<div class="description">
<div>Shop 1082, Westfield Carousel Albany Highway, Cannington WA 6107</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES KARRINYUP</div>
<div class="description">
<div>Shop G60A, Karrinyup Shopping Centre Karrinyup Road, Karrinyup WA 6018</div>
</div>
<div class="head" style="font-weight: bold; margin-top: 24px; text-decoration: underline;">KING OF KNIVES MORLEY</div>
<div class="description">
<div>Shop 1056, Centro Galleria Collier Road, Morley Perth WA 6062</div>
</div>
<div class="store" style="border: medium; width: 340px; margin-top: 24px; margin-bottom: 18px;">KING OF KNIVES WHITFORD
<div class="description">
<p>Shop 118 Westfield Whitford Cnr Marmion &amp; Whitfords Ave Hillarys WA 6025</p>
</div>
</div>
</div>
</div>
</div>
<div style="color: #646257; font-family: Arial, Helvetica, sans-serif; font-size: 12px;" class="description">
<div></div>
</div>
<p> </p>
<p><em>This article originally appeared on <a href="https://www.smartcompany.com.au/" target="_blank">SmartCompany</a>.</em></p>
</body></html>

pmcstafford-pr9eMARWoN

Knives out for King of Knives as retail chain enters administration

<html><body>
<p>The Perth property market is at the peak of its property cycle with house sales declining, according to Herron Todd White’s latest report.</p>
<p>And unit sales are still increasing but the rental vacancy for units is now steady, compared to a severe shortage for Perth houses.</p>
<p>In Sydney new unit sales are now frequently selling for above their potential resale value, though demand for new units and the volume of unit sales have dropped down slightly.</p>
<p>And there is now a shortage of rental houses compared to demand in Sydney.</p>
<p>In Melbourne, Herron Todd White’s assessment remains the same as last month – it’s at the bottom of the property cycle at the start of recovery, though new units are frequently selling for above their potential resale value.</p>
<em>Click to enlarge</em>
<p><a rel="shadowbox" href="/images/stories/2013/08/htw-aug-21-graph-1-big.gif" title="Click to enlarge"><img src="/images/stories/2013/08/htw-aug-21-graph-1-small.gif"></a></p>
<em>Click to enlarge</em>
<p><a rel="shadowbox" href="/images/stories/2013/08/htw-aug-21-graph-2-big.gif" title="Click to enlarge"><img src="/images/stories/2013/08/htw-aug-21-graph-2-small.gif"></a></p>
</body></html>

Perth at peak, Melbourne at bottom of property cycle: Herron Todd White

<html><body>
<p>The jury’s out on whether Australia is entering the ‘mother of all dwelling booms’ as Robert Gottliebsen took note to warn in <em>Business Spectator</em> last week.
</p>
<p>And whilst the construction sector continues to fall short of expectation, the established housing market, most notably in Sydney although also reflected in other states – has moved.</p>
<p>War stories are emerging from buying and selling agents of auctions attended where the prices have exceeded the reserve by 10-20%. </p>
<p>In turn, vendors are reassessing their expectation of value based on neighbouring results – and with more talk of prospected drops to the cash rate, purchasers are shopping lenders to see how far their budget will stretch.</p>
<p>When prices start to rise – in some areas quite dramatically so – there is always heated debate over whether it’s a bubble.  The term itself is somewhat over used perhaps because of the image it invokes.</p>
<p>A bubble gives the impression the market is a flimsy airless balloon which – like a row of standing dominoes – will quite suddenly, irreversibly and dramatically ‘pop’ falling into an endless abyss. </p>
<p>For some commentators – the very fact that this hasn’t yet occurred in Australia is enough to demonstrate the theory incorrect. In other words, you can only define a true bubble whilst viewing the devastating aftermath.</p>
<p>However, a bubble does not have to fall into the definition posed above. They are not always easily deflated, and there are plenty of different particularities between the policies and lending requirements that have played into the house price ‘corrections’ other countries have already experienced post GFC, that differ from those we have in Australia.</p>
<p>Furthermore, in economies highly exposed to the residential sector, where central banks and governments have the ability to manipulate policy and the amount of cheap credit that flows into mortgage lending, it’s possible to ‘prop’ and temporarily prevent falling house prices that would otherwise occur in line with a challenging macro outlook.</p>
<p>In Australia this would include, rising unemployment, lower prospects for wage growth, an aging headwind of retirees lowering the participation rate, and the gradual winding down in the mining sector – to name but a few. </p>
<p>And whilst this will bear relevance in moderating the level of price appreciation long term, there are plenty of ingredients in the pot to ignite the current environment which is causing a range of voices to warn of bubble like conditions in fragmented areas of our established capital city terrains.</p>
<p>The main force behind the buying market is a mix of investors and up-graders, who in turn are boosting the premium housing sector using funds from the sale of lower priced properties to then leverage up, which coupled with lower rates reduces the size of their loan – distorting the forward analysis of the lending data in relation to price growth somewhat.</p>
<p>In contrast demand from first-home buyers has weakened significantly – waxing and waning only on the back of various grants and incentives.</p>
<p>Each are buying for different reasons, and as we know, in this sense, the environment has been nicely manipulated by supply side constraints which keep Australia in a donut like geographical outlook.</p>
<p>However, as <a href="https://www.propertyobserver.com.au/news/robert-gottliebsen-forecasts-mother-of-all-dwelling-booms-driven-by-property-investors/2013081864307?utm_source=po&amp;utm_medium=aida&amp;utm_campaign=news" target="_blank">Robert Gottliebsen points out in his column</a>, and <a href="/news">as I mentioned last week</a> – a very low interest rate environment is once such condition that encourages investors to pull back on saving in favour of a spend/borrow mentality.  </p>
<p> </p>
<hr class="system-pagebreak">
<p>In our property obsessed culture – following years of woeful planning for population growth, most of this pent up demand is being fed into the second hand housing sector.</p>
<p>Price rises are more often than not fuelled by speculation that the next generation will pay double for the second hand house in – how does it go – eight or so years time?</p>
<p>Whilst population growth can push demand, actual house price appreciation more directly stems from a higher proportion of mortgage holders, not necessarily home buyers, shopping within an area of limited supply.</p>
<p>In this respect, the money governments have donated through tax breaks alone to encourage investment into the established residential real estate sector, with policies such as negative gearing which has disproportionately inflated existing property values and created a growing gap between rental yield – rises of which cannot keep pace – is another area of significance which has propped up the prices.</p>
<p>It’s also one of many policy measures that should be addressed if affordability were really an issue of concern for our competing political parties.</p>
And whilst there may be heated debate over the recognition of a bubble, in every instance speculation is a significant driving force in the pace of any said increases – which rings nicely with US economist Robert Shiller’s analysis when in his book “Irrational Exuberance” he defined a bubble as:
<p><em style="border: 0px; font-family: inherit; margin: 0px; outline-width: 0px; padding: 0px; vertical-align: baseline;">“a situation in which news of price increases spurs investor enthusiasm – spreading by psychological contagion from person to person, in the process amplifying stories that might justify the price increase attracting a larger and larger class of investors, who, despite doubts about the real value of the investment, are drawn to it partly through envy of others’ successes and partly through a gambler’s excitement.”</em></p>
<p>This mentality is evident when we enter what is so often termed the recovery phase of our market cycle – usually after a period in which home values have declined in real terms.</p>
<p>It’s an interesting turn of phrase, giving the impression to the uninitiated that prices have dropped so low they needed to heal like a sick patient.</p>
<p>However, seeing prices overshoot the mark as greed along with expectation of another boom inevitably takes a force on investor mentality, is a common feature of this part of the cyclic psychology.</p>
<p>The effects are often amplified in areas where auctions sales predominate.  When buyers see properties openly selling above their pre-conceived perception of market value (something that generally doesn’t happen when the sale is conducted via private negotiation) it provides very visible reality that the market’s appreciating and the effects on the mindset act like a kind of contagion.</p>
<p>Interestingly enough, the reverse is the case when a larger proportion of properties pass in at auction – leaving buyers with the worrying impression the market’s tanking.</p>
<p>During a competitive auction buyers spend far less time thinking about exceeding budget constraints than they do when – in a rational pre-auction moment, they take time to discuss (usually with their partner) where to draw a sensible limit for the property in question.</p>
<p>In truth, when the market is buoyant and competition evident, buyers don’t bid for the property – they simply bid to win – something I witness weekly.</p>
<p>And of course, whenever rising prices openly occur, stock inevitably reduces.</p>
<p>After all, who wants to sell an asset that’s increasing in value, when the observation prevails that a vendor can get more if they hold and wait for further gains to come?  Especially as additional rate cuts are still widely predicted.</p>
<p> </p>
<hr class="system-pagebreak">
<p>The other issue which Robert Gottliebsen touches upon is foreign acquisition. The falling Aussie dollar has given Asian property investors an opening to look favourably once again upon dwelling investment in our capital city markets.</p>
<p>As reported in the <em>Australian Financial Review</em> last week, a Sydney property developer sold 90 off-the-plan apartments at the opening of a new tower in Bondi Junction in five hours and whilst a large proportion of funds will be fed into off-the-plan construction, assisting developers in the approval process somewhat, it’s arguable as to how many of these new apartments will actually make it onto the rental market.  </p>
<p>With limited options for investment, real estate acts like a magnate for Chinese buyers – who are not averse to purchasing speculatively whilst leaving apartments sitting empty.</p>
<p>There will be plenty of argument yet to come as to the level of the current boom and its longevity.</p>
<p>But what cannot be argued is the conditions that took values to their 2010 peak following our golden decades of growth, will not be replicated as we enter a very different and challenging macro environment than previously experienced – hence why I hold the opinion that we’ll see shorter durations to the traditional boom and bust market cycle.</p>
<p>Furthermore – whilst rising established house prices may be perceived as positive – particularly for those who want to downsize or tap into the equity – is worth remembering that it’s doing little for the productive areas of our economy such as manufacturing, small business or job creation.</p>
The oft quoted perception that the feel good factor from rising house prices stimulates consumption has been disputed in several studies – the most recent of which can be found <a href="https://www.res.org.uk/details/mediabrief/4743221/BOOSTING-THE-HOUSING-MARKET-IS-NOT-THE-WAY-OUT-OF-A-CRISIS" target="_blank">here</a>.
<p>And whilst those who purchased early in the 2000s have seen their assets boom the consequences have forced a social divide as purchasers priced out are forced into areas where schools, transport and local amenities have not been funded to keep up with the flood of lower and middle income households in search of affordable options.</p>
<p>Rising yields ensure renters find it particularly hard to locate close to work hubs, not to mention the pressure it puts on students battling for a university qualification. Unless we face up to the non-voter friendly challenges that prevent sustainable solutions and reduce unwarranted inflation in the established sector at the expense of construction, nothing will change.</p>
<p>New Zealand – which is experiencing its own property boom principally in Auckland – has released details of plans to moderate mortgage demand through <a href="https://www.macrobusiness.com.au/2013/08/rbnz-refines-lvr-cap-but-will-it-work/">‘speed limits’</a> on high loan to value lending.</p>
<p>However, it’s widely acknowledged that without effective polices to enable home building over a wider footprint of land, first-home buyers will suffer inevitable pain, and debate circulates as to whether it will lower prices in the long term or just produce a blip on the radar.</p>
<p>Even if it were possible to effectively implement and audit similar restrictions,  thereby tapering the flow of money into mortgage debt, it won’t necessarily stimulate lending for productive purposes.</p>
<p>Furthermore, although in real terms, values remain below peak, the property market chills at the thought of prices adjusting downward materially – yet not at the bank controlled credit creation process that inflated the huge increase in the first place. Banks create money every time they make a loan, and then decide where the bulk of lending is directed – building up the price of their preferred assets at their own discretion.</p>
<p>It’s not the health of the housing market that needs to be tacked, it’s the disease.</p>
<p>Lastly on interest rates – since November 2011 we’ve been on a downward rate cycle – some of which was only passed on in part by the banks.</p>
<p>Yet it took until mid 2012 for any marginal improvement in median values to emerge (boosted by consumer confidence), and only fairly recently have we seen a significant uptick.</p>
<p>The building industry is not picking up enough pace to compensate for the tapering of construction in the mining cycle and we’re a long way from a point at which the RBA can start raising rates to offset any unwelcome boom in established asset prices.</p>
<p>For the time being, existing owners and investors will continue to fuel demand, and despite loan service affordability costs improving – those looking to enter the housing market will continue to compete with a challenging heated environment.</p>
<p><em style="font-size: 14px;"><b>Catherine Cashmore</b> is a market analyst with extensive experience in all aspects relating to property acquisition.</em></p>
</body></html>

catherinecashmore-6LXia3pPQj

Are we in a dwelling boom, a rally, bubble or a recovery? Inside our bubble mentality: Catherine Cashmore

<html><body>
<p>The top 10 most searched terms on realestate.com.au:</p>
<p><img alt="numberonejuly11" height="38" width="30" src="/images/stories/2013/07/NUMBERS/numberonejuly11.jpg"></p>
<p>"Pool"</p>
<p><img alt="numbertwojuly11" height="35" width="30" src="/images/stories/2013/07/NUMBERS/numbertwojuly11.jpg"></p>
<p>"Waterfront"</p>
<p><img alt="numberthreejuly11" height="39" width="30" src="/images/stories/2013/07/NUMBERS/numberthreejuly11.jpg"></p>
<p>"Living + areas"</p>
<p><img alt="numberfourjuly11" height="39" width="30" src="/images/stories/2013/07/NUMBERS/numberfourjuly11.jpg"></p>
<p>"Granny flat"</p>
<p><img alt="numberfivejuly11" height="33" width="30" src="/images/stories/2013/07/NUMBERS/numberfivejuly11.jpg"></p>
<p>"Bedrooms"</p>
<p><img alt="numbersixjuly11" height="35" width="30" src="/images/stories/2013/07/NUMBERS/numbersixjuly11.jpg"></p>
<p>"Views"</p>
<p><img alt="numbersevenjuly11" height="36" width="30" src="/images/stories/2013/07/NUMBERS/numbersevenjuly11.jpg"></p>
<p>"Investment"</p>
<p><img alt="numbereightjuly11" height="32" width="30" src="/images/stories/2013/07/NUMBERS/numbereightjuly11.jpg"></p>
<p>"Duplex"</p>
<p><img alt="numberninejuly11" height="32" width="30" src="/images/stories/2013/07/NUMBERS/numberninejuly11.jpg"></p>
<p>"Swimming pool"</p>
<p><img alt="numbertenjuly11" height="19" width="30" src="/images/stories/2013/07/NUMBERS/numbertenjuly11.jpg"></p>
<p>"Shed"</p>
<p><em>Source: REA</em></p>
</body></html>

Australians's top search on the net is for a pool: realestate.com.au

<p>National Australia Bank banker David Fodor and his wife, Natisha, owner of the My Nest Home Styling, secured $1.67 million for&nbsp;their four-bedroom Mont Albert&nbsp;house.</p>

<p>With sheltered 11 metre wide rear decking, it came with&nbsp;formal reception rooms and a modern study.</p>

<p>The Marshall White agent Ross Stryker held initial&nbsp;$1.35 million plus expectations pre-auction for the Californian bungalow.</p>

<p>It was redesigned by Jo McIntyre from Beautiful Home three years ago&nbsp;in the coveted Windsor Park Estate.</p>

<p>The <a href="https://www.marshallwhite.com.au/5841341/" target="_blank">117 Windsor Crescent</a> house is listed for August 17 auction.</p>

<p><a href="https://www.mynesthomestyling.com.au/index" target="_blank">My Nest Home Styling</a>&nbsp;offers&nbsp;room by room analysis along with&nbsp;several pre-sale property styling packages.</p>


Latest Investing Insights

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

Editor's Picks

Developments

New apartments

New townhouses

News

Latest Investing Insights

Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district

Editor's Picks

Receive the latest news stories to your inbox

Developments

New apartments

New townhouses

News