Listings

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The asking price of the Muckleford, Victoria property with a green-and-yellow W-class tram as its centrepiece, has been reduced to $410,000.
The three-bedroom, one-bathroom home, <a href="https://www.domain.com.au/property/for-sale/house/vic/muckleford/?adid=2011451303" target="_blank">10 A Frame Track, Muckleford</a>, had been initially marketed at $439,000.
Set on 20 acres, 130 kilometres north-west of the CBD, the home has been fashioned around the tram including mud brick sections.
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<div id="google_ads_iframe_/6411/WATODAY/domain/realestatenews_13__container__"> The tram has been renovated to include multi-functional bedroom-study-living areas as well as a kitchen and dining area. </div>
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The trams were produced between 1923 and 1956 by the Melbourne and Metropolitan Tramways Board. 
Owner Gary Markoff paid about $1000 to buy the decommissioned vehicle and haul it to the country about 35 years ago.
Cantwell Property, Castlemaine, agent Genevieve Cantwell, is selling the home.
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Tram fare price at Muckleford comes down to $410,000

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As at the week ending 25 October 2015, a total of 240,384 residential properties were listed for sale across the country.
Just over 40% of these (103,852) were situated in one of the 8 capital cities. In comparison to the same period last year, total listings are -2.6% lower nationally and -1.9% across the capitals. Relative to last year, the latest data also shows that the number of new listings being added to the market is lower, despite the number of new properties advertised for sale increasing on a rolling four week basis for the last four weeks.
<a href="/images/2015/10/28/Table.jpg" target="_blank">Click to enlarge</a>
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Sydney and Canberra are the only two cities where the number of new property listings over the most recent four week period was higher than at the same time last year, albeit by only 0.3% in Sydney, and 3.7% across Canberra. 
This result comes from 9,552 new listings added to the market in Sydney over the four weeks ending 25 October, compared to 9,526 one year ago and 720 residential Canberra properties added to the overall stock available for sale, compared to 694 over the corresponding four weeks one year ago. In all other cities the number of new properties listed for sale are lower relative to last year, with the largest differential seen in Perth (-22.4%), Darwin (-13.6%) and Adelaide (-12.0%). In particular, the data for Perth and Darwin indicates that home owners are likely aware of the weak housing market conditions and are therefore less inclined to put properties up for sale.
In terms of the total stock pool, across the residential capital city markets the results are more varied when compared to one year ago.
There are more listings this year compared to last year in: 
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<li>Darwin, 1,581 currently, 1,389 last year (+13.8%)</li>
<li>Perth, 19,284 currently, 17,423 last year (+10.7%)</li>
<li>Sydney, 22,564 currently, 21,609 last year (+4.4%)</li>
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All other remaining capital cities are showing less stock availability this year relative to one year ago:
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<li>Hobart, 2,494 currently, 2,907 last year (-14.2%)</li>
<li>Adelaide, 7,646 currently, 8,335 last year (-8.3%)</li>
<li>Melbourne, 29,948 currently, 32,574 last year (-8.1%)</li>
<li>Canberra, 2,184 currently, 2,370 last year (-7.8%)</li>
<li>Brisbane, 18,151 currently, 19,288 last year (-5.9%)</li>
</ul>
<a href="/images/2015/10/28/Combined-capitals.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/28/Combined-capitals.jpg" alt="" width="694" height="263">
Furthermore, last week we took a look at the current level of housing supply across each of the capital city markets. The analysis compares the absorption of stock by comparing the trend number of properties selling and the availability of stock for sale. The findings show that Perth and Darwin each have 6.8 months of housing supply on the market, the greatest of any capital cities, while stock levels in Sydney, Adelaide and Melbourne indicate less than 3 months’ worth of supply, showing that these housing markets are somewhat healthier than that of Perth and Darwin. On the flip side, Perth and Darwin’s market conditions are more favourable for those looking to buy a property with more choice and vendors becoming more willing to sell below the current list price to secure a sale.
<a href="/images/2015/10/28/National.jpg" target="_blank">Click to enlarge</a>
<img src="/images/2015/10/28/National.jpg" alt="" width="709" height="269">
 
Across the states and territories, the number of listings is lower than one year ago in all but two regions; Western Australia, where current stock levels are 7.1% higher than they were one year ago and Northern Territory, where the number of listings currently is 14.0% higher than over the same period in 2014. 
At the other end of the scale, the Australian Capital Territory (-8.0%) and Victoria (-6.4%) are the two regions with the largest differential in listing volumes compared to one year ago, however, interestingly new listings across the Australian Capital Territory over the four weeks ending 25 October were higher than one year ago (+3.3%), while across Victoria they were -4.3% lower.
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Less stock added to the market than last year: CoreLogic RP Data's Shana Miller

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Residential property listings nationwide fell in December, down 5.2% from November 2015, according to SQM Research, to end at a total of 343,618 listings. 
Managing director of SQM Research Louis Christopher said year-on-year results, a better indicator due to the seasonality of December show large rises in Sydney with Melbourne listings noticeably down.
<a href="/images/2016/01/14/Screen%20Shot%202016-01-14%20at%2010.36.50%20AM.png" target="_blank">Click to enlarge</a>
 
<img src="/images/2016/01/14/Screen%20Shot%202016-01-14%20at%2010.36.50%20AM.png" alt="" width="856" height="252">
"While the headline may record a decline in listings for December, the truth is there is heavy seasonality this time of year. Therefore the yearly result is a better indicator of the market," he said.
"And on that front we are recording large rises in Sydney while Melbourne listings are noticeably down. To me this is yet another indicator of the slow market that Sydney is now experiencing and the contrasting Melbourne market which this information suggests, is firming.
"Year-on-year results indicate that residential property listings are up for most capital cities. Notably, property listings in Sydney and Canberra are considerably higher than this time last year (December 2014). Sydney experienced a yearly rise of 16.2%, with residential property listings climbing from 20,268 to 23,546. Canberra also experienced excessive yearly growth with sale listings up 14.2% based on a total 3,525 listings. These figures indicate that the number of property sellers in both residential markets has increased."
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Seasonality holds back December residential listings: SQM Research

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The former rugby league champion Bradley Clyde is selling his resort style family home at Sylvania Waters.
Bradley, the only player to have twice won the Clive Churchill medal as the best player in the grand final, bought the contemporary four bedroom, three bathroom home in 2014 for $1.6 million.
The property, <a href="https://www.realestate.com.au/property-house-nsw-sylvania+waters-121323146" target="_blank">22 Hampton Road Sylvania Waters</a>, features an in-ground pool and has been listed through Nigel McAllister of McGrath Sylvania who has $1.6 million plus hopes for its December 12 auction. 
Widely considered as one of the best forwards in the game, Bradley had a long and fruitful career at club level as well as representing Australia 19 times.
Born and raised in Canberra he spent most of his career at the Canberra Raiders before moving to Canterbury to represent the Bulldogs.
After a year in Canterbury he moved to England to finish his playing career with Leeds Rhinos.
Clyde moved into management soon after retiring and spent seven years with Canterbury Bulldogs before being sacked.
Clyde is an inductee to the Australian Capital Territory sporting hall of fame.
He currently works as a business development executive for Australia's leading business process outsource company Chandler, however he still is part of the NRL set up as a match review committee and anti-doping tribunal member.
This article was first published in the Sunday Telegraph. 
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Former NRL star Bradley Clyde lists in Sylvania Waters

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Actor Richard Roxburgh, star of Rake, and his wife, the SBS TV celebrity chef Silvia Colloca have their five bedroom Bilgola Plateau home listed for auction.
Their northern beaches modern <a href="https://www.realestate.com.au/property-house-nsw-bilgola-121101482" target="_blank">beach-style retreat</a> has been listed through James Baker at Raine and Horne Palm Beach who sold it to the couple six years ago.
With panoramic views over Pittwater, the ultra modern two level home on Lower Plateau Road has been scheduled for November 22 auction - yes a Sunday - with around $2 million tipped.
It cost $1.62 million in 2009 having been initially listed with $2 million hopes in 2008. 
They are planning on staying on the northern beaches.
This article was first published in the Sunday Telegraph.
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Actor Richard Roxburgh lists Bilgola home for Sunday auction

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The latest discounted property of the week from SQM Research is a four bedroom open plan family home in Cairns, north Queenlsand.
The property, 6 Whela Close, Bentley Park, is 18km outside of the Cairns CBD on 684sqm.
It has options to build both a pool and a shed.
It is currently on the market with expectations of over $399,000.
Some $30,000 has come off its earlier price expectations.
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Cairns four bedder SQM's discounted property of the week

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A freestanding sandstone terrace in Woollahra listed with $2.7 plus million hopes through Simon Harrison at Belle Property sold at auction.
The <a href="https://www.realestateview.com.au/Real-Estate/4-wallis-street-woollahra/Property-Details-buy-residential-9528754" target="_blank">4 Wallis Street </a>home sits on 280 square metres with a seven metre wide terrace.
"This is Sydney’s version of London’s Chelsea and Kensington, or New York’s Upper West and East Sides mingled," the marketing suggested.
The terrace has three bedrooms, two bathrooms and one car space home is located moments to Queen Street and the Centennial Parklands.
The median price for a home in <a href="https://www.urban.com.au/property-observer" target="_blank">Woollahra is $2,105,000</a>, according to CoreLogic RP Data.
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Freestanding Woollahra sandstone terrace sold

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The median number of days on market shortened by a day to 31 days in August.
It sits 12 days shorter than the same time last year.
But according to the REIV, regional Victoria <a href="https://www.urban.com.au/property-observer" target="_blank">time on market is increasing</a>.
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Regional Victoria time on market taking longer to find buyer: REIV

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Property listings in Sydney rose 7.6% during September, an 11.1% rise year on year, according to SQM Research.
Some 23,533 listings were on the market in September.
According to SQM Research managing director Louis Christopher the number of listed properties nationally climbed to 339,026 in September 2015, increasing 1.4% from August 2015. 
He said a monthly rise in sale listings for September was expected due to the normal spring seasonality historically recorded at this time of year.
“The Sydney surge in listings is another indicator now suggesting that the Sydney housing market is now slowing. Buyers should now find there is a little more choice out there compared to earlier this year. Yet, I note that asking prices are still higher. I suspect vendors are not quite registering that conditions have changed somewhat since the white hot market of autumn.
“The Melbourne result is also interesting in that there was barely any movement at all in listings in September and that stock for sale is well down on this time last year. This is suggestive of a strong housing market that is not slowing down at all.” 
"Year-on-year results indicate that Melbourne and to a lesser extent Hobart experienced excessive yearly falls. Melbourne recorded the biggest yearly change, with listings falling by 16.9%, reducing the number of properties for sale to 35,760. Hobart also recorded yearly falls with records indicating a yearly change of 9.9%. "<a href="/images/2015/10/06/Screen%20Shot%202015-10-06%20at%2012.56.36%20PM.png" target="_blank" style="line-height: 1.3em;">Click to enlarge</a>
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