December 2011
19 posts
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WSJ: Property Dreams Strain Australian Market
Cynthia Koons of the Wall Street Journal writes:
A close look at Australia’s housing market shows cracks are starting to appear.
The value of homes in Australia’s capital cities have already fallen by 4% in the 10 months ended October. By next June, house prices will be 10% below a June 2010 peak, according to Merrill Lynch.
Those overall numbers might not look too alarming given...
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Jonathan Chancellor: 2 SMH's Domain: 0
Since Jonathan Chancellor’s departed his longheld post at the head of SMH’s Domain section for the publication he co-founded - Property Observer - it’s been a war for who can leak real estate dirt the quickest. And this week, the award goes twice over to Chancellor for dishing the dirt the quickest. First up, is the $13m sale of the renovated Bellevue Hill mansion Rothesay. It...
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South Yarra's On Top: Domain Ranks Melbourne's...
Fawkner Park, South Yarra
Go figure, but South Yarra and East Melbourne retain top honours in Domain’s ranking of Melbourne suburbs based on “liveability”. Rounding out the top five are Armadale, Hawthorn East, and Toorak. An extended look at the list reveals a not-so-surprising preference for expensive, inner city suburbs.
The Top 10:
1. South Yarra (no surprise)
2. East...
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Tassie House Scores Some Press
Aaron Roberts of Room 11’s house designed for a couple and their young child outside of Hobart in Tasmania has received some solid press from the likes of Habitus, Archdaily, and now the New York Times. The house does an impressive job of taking advantage of some stellar backcountry views. And the use of materials is mostly right-on (pros: polished concrete, indoor/outdoor elements; cons:...
