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Heat leaves regional hot spots as popular markets outpace wider downturn

The COVID-induced boom for Australia’s regional housing market has burst, with several regional markets that had the strongest value growth through the upswing now among the fastest declining markets, said CoreLogic.

National

The Economy

Tax Depreciation on your rental property

Mark Chapman, Director of Tax Communications at H&R Block discusses tax benefits available to property investors in relation to depreciation.

Queensland (Qld)Brisbane

Featured Property

Rodney Chambers designed Teneriffe Hill for sale - Place

36 Teneriffe Drive Teneriffe for sale by Heath Williams of Place New Farm offers outstanding views and refresh by Shaun Lockyer Architects.

Tasmania (Tas.)Victoria (Vic.)

People

Ray White Victoria and Tasmania welcomes new chief auctioneer

Award winning Ray White auctioneer Jeremy Tyrrell has been elevated into the role of chief auctioneer for the group’s Victorian and Tasmanian network.

Victoria (Vic.)Melbourne

The Economy

John McGrath – A two-speed market continues in Melbourne and regional Victoria

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, there seems to be a good balance between supply and demand this Spring.

National South Australia (SA)Adelaide

People

Adelaide real estate leader Mario Bonomi receives national network’s biggest honour

Adelaide real estate stalwart Mario Bonomi has received the highest honour at LJ Hooker’s international awards. Mario Bonomi, joint principal of LJ Hooker’s Adelaide Metro and Commercial offices, was bestowed the Sir Leslie Hooker award.

South Australia (SA)Adelaide

People

REISA appoint Andrea Heading as new CEO

Real Estate Institute of South Australia today announced the appointment of Andrea Heading as new CEO Commencing 9 January 2023.

New South Wales (NSW)Sydney

Featured Property

Timeless Northwood estate for sale on 2,175 sqm - Ray White

62 Northwood Road Northwood for sale by Chris Wilkins of Ray White is a grand Lower North Shore estate with resort style living and entertaining.

National

The Economy

What to look for in an investment property

BMT Tax Depreciation are here to outline what to look for in an investment property and some important things to be aware of.

Victoria (Vic.)Melbourne

Featured Property

Blank slate 1,185sqm Melbourne Square penthouse for sale - Zed Real Estate

6702/18 Hoff Boulevard Southbank for sale by Zed Nasheet of Zed Real Estate is offered in concrete shell form alongside a $1 million Interior Design package with Coco Republic.

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News Roundup

https://www.thebusinessconversation.com.au/property/jacques-gumdale-4154/taste-france-patisserie-boulangerie-brisbane%E2%80%99s-suburbs-sale

A taste of France: Patisserie Boulangerie in Brisbane’s suburbs for sale

Built on a solid foundation with great customer service and high-quality products that keep customers returning for more, this suburban coffee/cake shop has room to grow. For sale by Aiwa Zhou of Joy Realty.

The Business Conversation

https://www.thehotelconversation.com.au/news/2018/11/14/ramada-suites-hotel-wyndham-opens-wailoaloa-beach-fiji/1542150783

Ramada Suites Hotel by Wyndham opens in Wailoaloa Beach Fiji

Fiji’s newest hotel, Ramada Suites by Wyndham Wailoaloa Beach Fiji, has opened its doors marking the debut of the Ramada by Wyndham brand in Fiji.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2018/11/14/lime-journeys-down-under-its-fleet-electric-mobility-products/1542136394

Lime journeys Down Under with its fleet of electric mobility products

Local employment was a key aspect of Lime’s Sydney launch to provide jobs and support for the local economy.

The Business Conversation

https://www.thehotelconversation.com.au/properties/2018/11/13/bells-hotel-sydney-woolloomooloo-sold-arthur-laundy-prior-auction-week

The Bells Hotel Sydney Woolloomooloo sold to Arthur Laundy prior to Auction this week

The owners of The Bells Hotel on the Woolloomooloo waterfront have elected to sell the famous property on the eve of its planned auction to publican Arthur Laundy, in a deal brokered by Andrew Jolliffe and Dan Dragicevich of HTL Property.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2018/11/12/retail-occupancy-levels-remained-healthy-tenants-prioritise-quality/1541981237

Retail occupancy levels remained healthy as tenants prioritise quality

WILLIAMS MEDIA speaks with Paul Ryan Cuevas, Analyst for Research Department and Joshua Delas Alas, Advisory Manager of Colliers International Myanmar as they release their Yangon Retail Market Quarterly Report Q3 2018.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2018/11/12/gaia-retreat-spa-byron-bay-wins-2018-global-hotel-year-award-world-luxury-hotel

Gaia Retreat & Spa Byron Bay wins 2018 Global Hotel of the Year award at World Luxury Hotel Awards in Bali

At the World Luxury Hotel Awards in Bali over the weekend, The Gaia Retreat & Spa in Byron Bay received the top award of 2018 Global Hotel of the Year, which was founded in 2005 by Olivia Newton-John, Gregg Cave, Ruth Kalnin and Warwick Evans.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2018/11/12/auckland-hotel-pipeline-rise/1542000771

Auckland hotel pipeline on the rise

A run of recent hotel development announcements will see more than 4,000 rooms coming online in Auckland over the next five years.

The Hotel Conversation

https://www.mingalarrealestateconversation.com/news/2018/11/13/three-phase-20-billion-fdi-plan-myanmar-investment-commission-mic/1542065752

The three-phase $20 billion FDI plan - The Myanmar Investment Commission (MIC)

The main changes to the investment regime include lower entry barriers, more streamlined procedures, a dedicated mechanism to mediate investor disputes, and more selective investment incentives.

Mingalar Real Estate Conversation