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WA property market more resilient to ninth rate rise - REIWA

The latest interest rate rise will have a more moderate impact on the WA property market than other states because of the strong local market fundamentals, REIWA CEO Cath Hart said.

New South Wales (NSW)Sydney

Featured Property

Statement 2,900sqm Pymble home for sale - The Agency

44 Telegraph Road Pymble for sale by Glenn Curran of The Agency features tennis court, dedicated home cinema, billiards room, library and gym.

Victoria (Vic.)Melbourne Brighton

Featured Property

Brighton home built for Former Fosters CEO Ted Kunkel for sale - Marshall White

13 Park Street Brighton for sale by Stephen Smith and Simone Howell of Marshall White delivers a grand scale family estate with resort style tennis court, a heated pool and spa on 2,080sqm.

Queensland (Qld)Gold Coast

Featured Property

10-acre dual-living Tallebudgera Gold Coast Hinterland for sale - Sotheby’s

640 Trees Rd Tallebudgera for sale by Scott Keatley, Rebecca Staples and Morgan Keatley of Queensland Sotheby’s International Realty offers with pristine gardens, panoramic views and income potential.

National

The Economy

RBA continues with fastest and largest rate hiking cycle on record - CoreLogic

The RBA lifted the cash rate a further 25 basis points, to 3.35%, at their February board meeting, continuing what is now the fastest and largest rate hiking cycle on record.

National

The Economy

New listings continue to fall down 42% nationally as cost of borrowing hurts the demand to buy - Ray White Research

New listing rates in Melbourne (- 47.9%) and Sydney (-42.5%) are both down, with such heavy losses mostly being responsible for the 42 per cent decline for Australia. Every major city has had new listings decline except Hobart.

National

The Economy

Real Estate agency business owners need to change tactics for 2023 says REAP Dashboard

Co founder of Reap Dashboard Mr Chris Mercer says, The impact of both the slowdown in sales volume and increase in business costs is here to stay and highlights the fine line between profit and loss. Its time to change tactics and real estate agency business owners that get them right will win in 2023.

Victoria (Vic.)Melbourne

People

Kay & Burton appoints CEO ahead of transformative 12 months

Kay & Burton has commenced 2023 with the appointment of Nathan Jones as Chief Executive Officer.

Western Australia (WA)Perth

People

Realmark Coastal snares top WA spot in national award

Realmark Coastal is celebrating snaring the highest-ever ranking by a West Australian agency in the Real Estate Business Australia’s Top 50 Sales Offices.

National

The Economy

House price declines starting to slow says Ray White Chief Economist

Capital city house prices are now down 6.1 per cent from their peak in March 2022. While we may not be at the end of declines, the rate of decline is clearly slowing, comments, Nerida Conisbee, Ray White Group, Chief Economist, in Ray White’s weekly economic update.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/01/16/baillie-lodges-expands-north-queensland-hotel-silky-oaks-lodge/1547627114

Baillie Lodges expands with North Queensland hotel, Silky Oaks Lodge

Fresh from signing a joint-venture agreement with KSL Capital Partners, Baillie Lodges has announced a northerly addition to its portfolio of luxury lodges, with Tropical North Queensland hideaway Silky Oaks Lodge, set to handover in April 2019.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/16/adina-apartment-hotel-coogee-beach-sydney-reveals-new-look/1547602216

Adina Apartment Hotel Coogee Beach Sydney reveals new look

TFE Hotels’ Adina Apartment Hotel Coogee has unveiled a new look following a multimillion-dollar refurbishment.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/01/16/new-infrastructure-australia-ceo-honoured-begin-next-chapter/1547592251

New Infrastructure Australia CEO 'honoured to begin next chapter'

Green Building Council Chief Executive Romilly Madew has been appointed as Infrastructure Australia's new CEO, taking over from Philip Davies who departed the organisation last year.

The ASEAN Developer

https://www.theaseandeveloper.com/news/2019/01/15/sunland-lodges-da-mermaid-waters-apartment-buildings/1547541018

Sunland lodges DA for Mermaid Waters apartment buildings

Sunland Group has lodged a development application with Gold Coast City Council for its first apartment development within The Lakes master planned community at Mermaid Waters.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/01/14/tourists-flocking-sunshine-coast-according-new-data/1547440412

Tourists flocking to Sunshine Coast according to new data

New data shows that Queensland’s Sunshine Coast attracted record visitation and spend by Australians and overseas visitors over the past year.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/14/kakadu-national-park-receives-funding-boost/1547436760

Kakadu National Park receives funding boost

Pledges of up to $220 million by the Liberal National Party and Labor Party to rejuvenate Kakadu National Park’s ageing tourism infrastructure has been welcomed by the Park’s key industry group, Kakadu Tourism.

The Hotel Conversation

https://www.retalkasia.com/news/2019/01/15/waterfront-properties-deliver-40-cent-premium-globally-knight-frank/1547507782

Waterfront properties deliver 40 per cent premium globally - Knight Frank

Knight Frank's Global Waterfront Monitor has revealed the levels of demand for waterfront real estate across the globe.

RETalk Asia

https://www.rethinktokyo.com/news/2019/01/15/tokyo-tops-cities-watch-2019/1547530135

Tokyo tops cities to watch for 2019

Tokyo has beat out some stiff competition to be named the number one city to watch in 2019 by Christies International Real Estate.

REThink Tokyo