It seems Andrew Winter and his team may have done too thorough a renovation in Wollongong, as the owners decided just before auction to withdraw the property from sale and move back in.

<img alt="newdapto" height="353" src="/images/stories/2013/02/newdapto.jpg" width="470" />

&quot;They did too good a job,&quot; says listing agent Michele Lay of Ray White of the Selling Houses Australia team. &quot;If you see it on Selling Houses Australia you&#39;ll see how beautifully it came up.&quot;

The episode featuring the Wollongong house aired on Wednesday, and the auction was supposed to take place in September last year. The house was on the market for some months last year, says Lay.&nbsp;

The marketing had said &quot;With a realistic vendor and all the hard work done for you; this house MUST BE SOLD&quot;.

A short walk to the Wollongong CBD, the three-bedroom cottage last sold for $185,000 in 1999 and was on the market briefly in 2006, according to RP Data. The Selling Houses Australia team added new&nbsp;paint throughout, new blinds, new doors, new light fittings, new taps and a revamped kitchen and outdoor entertainment area. Lay says it could have attracted a rental of up to $460 per week. In 2009 it was listed for rent for $400 per week.

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Lay&nbsp;was marketing the property with price hopes of $399,000 plus.

The median house price in Wollongong fell 9.9% in&nbsp;the past year but rose 10.5% in the past five years, according to RP Data.

For more about prices and yields in&nbsp;<a href="https://www.urban.com.au/property-observer" target="_blank">Wollongong, see the&nbsp;RP Data suburb page.</a>

For real-life property lessons from reality TV shows, download our free eBook&nbsp;<a href="http://propertyobserver.com.au/ebooks/free-ebook-lessons-from-the-block-and-other-property-reality-television-shows" target="_blank">Lights, Camera, Auction!</a>

cknowlton-QnEa6ntUYP

Wollongong vendor decides to move back in after Andrew Winter's work is done

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Cashed-up Twihards can stay in the house where Bella and Edward consummated their marriage for about $4,000 a night.

<img src="/images/stories/bellaedward1.jpg">

The six-bedroom, 1,022-square-metre house is in Mamangua Bay, between Rio de Janeiro and Sao Paulo, Brazil. The honeymoon scenes in Breaking Dawn: Part 1 were filmed at the house, called <a href="https://www.casaemparaty.com.br/en/default" target="_blank">Casa em Parat</a>y, in addition to a soundstage in the US. 

<img src="/images/stories/bellaedward2.jpg">

Casa em Paraty was designed by Thiago Bernardes and includes a 220-metre private beach and 700 square metres of verandas. It rents for R$7,000 a night, or about A$3,930.

Those on "Team Edward" will know that the vampire reduces the marital bed to splinters on the couple's wedding night, but as the bedroom scenes were not filmed at Casa em Paraty, the main bedroom is still intact. 

<h2>Recently listed properties:</h2>

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Twilight Breaking Dawn honeymoon house available for rent for $4,000 per night

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7 Santorini Court, Parrearra, Queenland, 4575
A stunning architectural design makes this three-bedroom, three-bathroom Queensland masterpiece special. The waterfront property has a uniquely designed 19-metre swimming pool and views overlooking a private pontoon and an open waterway. <a target="_blank" title="Century 21" href="https://www.century21.com.au/maroochydore/">Century 21 on Duporth</a> agent Damien Said is listing the property with a price of $1.285 million plus. All three bedrooms have ensuites, and the main bedroom overlooks the pool and beyond to the canal. A timber deck allows for appreciation of Queensland's sunny climes.
 
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Kawana Island beauty

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<a target="_blank" title="Brisbane clocks in at bottom of market" href="https://www.propertyobserver.com.au/residential/brisbane-clocks-in-near-bottom-of-market/2011060350400"><img src="/images/stories/five.gif"></a> 
Brisbane's time on <a href="https://www.propertyobserver.com.au/residential/brisbane-clocks-in-near-bottom-of-market/2011060350400/Page-9" title="Brisbane clocks in at bottom of market" target="_blank">Property Observer's property clock</a>. Experts say the residential market is at the bottom of its cycle, and they see a good opportunities for investors going into the next upswing.
 
<a href="https://www.propertyobserver.com.au/news/aussie-home-buyers-deeply-in-debt-but-paying-it-off-fast/2011060950452" title="Aussies deeper in debt, but paying it off quickly" target="_blank"><img src="/images/stories/fortyfive.gif"></a>
The percentage of Australian home oweners who <a href="https://www.propertyobserver.com.au/news/aussie-home-buyers-deeply-in-debt-but-paying-it-off-fast/2011060950452" title="Aussies overpay their mortgages" target="_blank">overpaid their mortgages</a> last year.
 
<a target="_blank" title="Chicago Willis Tower" href="https://www.propertyobserver.com.au/news/international/chicago-s-willis-tower-on-the-market/2011060650422"><img src="/images/stories/oneoheight.gif"></a>
The number of storeys in <a target="_blank" title="Chicago's Willis Tower" href="https://www.propertyobserver.com.au/news/international/chicago-s-willis-tower-on-the-market/2011060650422">Chicago's Willis Tower</a>, which is 18% empty and looking for a buyer or investor.
 
<a target="_blank" title="America: buyer beware" href="https://www.propertyobserver.com.au/america-buyer-beware/2011060550325"><img src="/images/stories/sevenhundredthousand.gif"></a>
The<a target="_blank" title="America: buyer beware" href="https://www.propertyobserver.com.au/america-buyer-beware/2011060550325"> number of foreclosures </a>during the first quarter of 2011 in the United States.
 
<a href="https://www.propertyobserver.com.au/commercial/sydney-s-pitt-street-third-most-expensive-in-the-world-for-retail/2011060150362" title="Sydney's Pitt Street retail rents" target="_blank"><img src="/images/stories/three.gif"></a>
Sydney's Pitt Street's ranking in a CBRE list of the <a href="https://www.propertyobserver.com.au/commercial/sydney-s-pitt-street-third-most-expensive-in-the-world-for-retail/2011060150362" title="Pitt Street third most expensive for retail" target="_blank">most expensive retail rents in the world</a>.
 
<a href="https://www.propertyobserver.com.au/news/aussie-commercial-investors-like-their-chances/2011060750424" title="Aussie real-estate executives like their chances" target="_blank"><img src="/images/stories/fortyeight.gif"></a>
The percentage of Australian real-estate executives who are <a href="https://www.propertyobserver.com.au/news/aussie-commercial-investors-like-their-chances/2011060750424" title="Aussie real-estate execs like their chances" target="_blank">optimistic about their portfolios</a>.
 
<a target="_blank" title="Interest rates hold steady" href="https://www.propertyobserver.com.au/news/interest-rates-hold-steady-at-4.75/2011060750429"><img src="/images/stories/fourpointsevenfive.gif"></a>
The current interest rate, after the <a target="_blank" title="Rates hold steady" href="https://www.propertyobserver.com.au/news/interest-rates-hold-steady-at-4.75/2011060750429">RBA decided not to lift rates </a>this month.
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The 7 must-know numbers of the week

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The Istana, Bukit, Bali, Indonesia
The Istana private villa in Bali was designed by Australian-based French architect Fredo Taffin as a tranquil piece of tropical grandeur. The 5,200-metre estate has two infinity-edge pools and ocean views from all angles. The villa's team features a Western chef, four butlers, two drivers, two masseuse and spa staff, housekeeping and maintenance people and a round-the-clock security team.
“The Istana was Bali's first destination villa and was designed to offer world-class amenities and the highest level of service. Architecturally speaking the low elevation keeps the building 'down to earth' with proportions that are discreet and elegant, rather than intimidating,” Taffin says.
In 2007 architect Gary Fell renovated and upgraded the 2002 villa to give it a more contemporary edge.
"Throughout the villa, contemporary furniture finished with high-gloss lacquer and custom-made silk wall panels play against the more rustic teak floors. Modern ceiling treatments channel light into the volumes created by the open, traditional roof structure," Fell says.
The Istana, which is a Malay word for palace, has been operated as both a private villa and a commercial resort. It is being sold by <a href="https://www.TheIstana.com" title="The Istana" target="_blank">Elite Havens</a>' <a href="mailto:matthew@elitehavens.com" title="Email Matthew Georgeson" target="_blank">Matthew Georgeson </a> with an asking price of around $7 million.
 
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Bali high

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CB Richard Ellis has appointed Ashley Kerfoot as an associate director of the company’s Structured Transactions &amp; Advisory Service in Western Australia.
The Perth-based team at St Georges Terrace advises institutions, government bodies and companies about landmark projects in all states and territories.
“Ashley’s appointment is an exciting move that will enable us to expand our already strong position in Western Australia,” CBRE senior managing director Peter Agostino says.
Kerfoot’s previous role was at the WA Department of Housing, where he worked in capital management.
Kerfoot began his new role on June 1, 2011.
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CBRE appoints associate director of Strategic Transactions & Advisory Service team

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6 Normanby Avenue, Caulfield North, Victoria, 3161
Global Reviews CEO Greg Muller and his wife, Jacquelyn, are selling their Caulfield North home with an asking price of $1.5 million plus. The house has period charm and modern elegance, comprising three bedrooms and two bathrooms. <a target="_blank" title="Marshall White" href="https://www.marshallwhite.com.au/?pagecall=property&amp;propertyID=1670130">Marshall White</a> agents Justin Krongold and John Manton are selling the property, which will go to auction on June 25. The house, which is full of natural light, has high ceilings and a landcaped garden.
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Period charm in North Caulfield

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Brisbane-based Affinity Property Group, the company behind the Ramada Resort Hervey Bay on Queensland's Fraser Coast, has collapsed. Ron Dean-Willcocks, of Dean-Willcocks Shepard Recovery &amp; Strategy, has been appointed voluntary administrator. Tim Wright, chairman of Affinity, says the Ramada Resort is going “very well” despite “hard times” for tourism. The resort was completed in 2009. Wright says Affinity had failed to sell 20 of 46 apartments within Ramada. The apartments were put on the market at the end of last year, after the sales process was put on hold during the GFC. “If all the apartments had been sold off, we wouldn’t have had the same problem,” Wright says. The two-bedroom apartments were originally offered for $400,000. Wright says the prices were reduced, but not substantially. Wright says he is confident a buyer can be found. “We’re trying to work out the situation in the best possible way,” he says. Affinity Capital purchased the Ramada licence in 2007 and developed the first stage of the Hervey Bay resort. Seascape Capital and Seascape Property, behind the second stage of development, were also chaired by Wright. A Seascape Capital fact sheet says: "We believe there is no better time to develop than now. We have an ideal location in one of the fastest-growing cities in Australia with a global brand name: Ramada.” "[There] is no better time to build than now as the construction companies are pricing very competitively. "Furthermore, as a lot of construction elsewhere has slowed down (as well as development approvals), we believe that we will have apartments on the market at the ideal time to take advantage of the next property cycle." A meeting of creditors will be held on July 1. The administrators could not be contacted this morning.
This article originally appeared on <a target="_blank" title="Smart Company" href="https://www.smartcompany.com.au">SmartCompany</a>.
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Tourism downturn hits Hervey Bay property sales

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Residential tenancy legislation The legislation relating to residential tenancies in Tasmania is the <a target="_blank" href="https://www.thelaw.tas.gov.au/tocview/index.w3p;cond=;doc_id=82%2B%2B1997%2BAT%40EN%2B20050111130000;histon=;prompt=;rec=;term=" title="Residential Tenancies Act">Residential Tenancies Act 1997</a>, and the Tasmanian government has<a target="_blank" href="https://www.magistratescourt.tas.gov.au/divisions/civil/residential_tenancy/property_owners" title="Information for landlords"> information on its website for landlords</a>.
Dispute resolution for residential tenancies The <a target="_blank" href="https://www.consumer.tas.gov.au/renting/disputes" title="Tasmanian Retail Tenancies Commissioner">Residential Tenancies Commissioner</a> handles disputes regarding residential tenancies.
Further resources Other helpful resources include the <a target="_blank" href="https://www.reit.com.au/" title="Real Estate Institute of Tasmania">Real Estate Institute of Tasmania</a> and the <a target="_blank" href="https://www.ntd.net.au/" title="National Tenancies Database">National Tenancy Database</a>.
Commercial tenancy legislation The <a target="_blank" href="https://www.austlii.edu.au/au/legis/tas/consol_reg/ftopfrtr1998511/s4" title="Code of Practice for Retain Tenancies">Code of Practice for Retail Tenancies 1998</a> is the relevant legislation for commercial tenancies.
Dispute resolution for commercial tenancies The <a target="_blank" href="https://www.consumer.tas.gov.au/real_estate/retail_tenancy1" title="Office of Consumer Affairs and Fair Trading">Office of Consumer Affairs and Fair Trading</a> offers dispute mediation , and either party may refer a dispute to the <a target="_blank" href="https://www.magistratescourt.tas.gov.au/divisions/civil" title="Magistrates Court">Magistrates Court</a>.
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Useful links for landlords in Tasmania

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The Government of Singapore Investment Corporation has purchased three industrial properties on Australia's east coast as part of a joint investment venture with Australand Property Group.
Logos Property bought two distribution centres in Melbourne and industrial park in Brisbane on behalf of GIC in a $90 million deal, the Australian Financial Review has reported. One of the Melbourne centres is leased to US foods giant Kraft, and the other to Australian clothing manufacturer Pacific Brands. The deal is part of a plan by the partnership to acquire a $450 million property portfolio.
The news comes less than a week after an announcement that Australian trucking and logistics company Linfox has signed a $40 million 10-year deal for a 27,000-square-metre logistics and distribution centre at Goodman's Stockyards Industrial Estate in Hazelmere, a suburb of Perth. The eight-hectare site will cater to the distribution needs of Western Australia's mining industry.
Logos Property executive director told the AFR distribution centres and industrial properties generally were good value for investors.
"We remain focused on major logistics operators in prime locations around Australia," he is quoted as saying. "We continue to see good deal flow in the Australian industrial market."
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Cassidy Knowlton

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