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REIA President urges owners to lease vacant properties

REIA President has urged Australians holding vacant properties to consider putting them into the rental pool as the winter months approach.

National

The Economy

Second busiest auction week, year-to-date says CoreLogic

According to Caitlin Fono, Research Analyst of CoreLogic, preliminary capital city clearance rates slip following a further rise in interest rates.

National

The Economy

Are property investors getting out of the market? - Ray White

Mortgage stress has risen dramatically since last year but so far we are yet to see an increase in people selling as a result according to Nerida Conisbee, Ray White Chief Economist.

National

The Economy

John McGrath – Property ownership among women is rising

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, there has been a slight increase in the number of women homeowners in Australia over the past 12 months.

Victoria (Vic.)Melbourne

Featured Property

Bates Smart designed Collins House sub-penthouse for sale - Kay & Burton

5401/464 Collins Street Melbourne for sale by Gary Ormrod and Monique Depierre of Kay & Burton offers luxury, sophistication and exclusivity with extraordinary views of the Yarra River, MCG and Dandenong Ranges.

Western Australia (WA)Perth

The Economy

Affordability declines but WA remains affordable to buy and rent - REIWA

Interest rates are starting to bite, with housing affordability declining across the country according to the REIA Housing Affordability Report for the December 2022 quarter.

New South Wales (NSW)Sydney

Featured Property

Lighthouse Collection Bondi Beach penthouse for sale - The Agency

519/180 Campbell Parade Bondi for sale by Steven Chen and Ben Collier of The Agency delivers a luxury coastal lifestyle with incredible city views.

International

Featured Property

Paris Magdalinos designed 61-acre Ongaonga for sale - Bayleys

This Ongaonga estate for sale by Gretchen Paape of Bayleys is located in Central Hawke’s Bay New Zealand and has been built to the finest detail with no expense spared.

National

The Economy

Sales of new homes in February remain low - HIA

The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future detached home construction.

New South Wales (NSW)Sydney

Featured Property

Newly transformed 976sqm Parkfront Rose Bay Estate for sale - Ray White

22 Kent Road Rose Bay for sale by Ashley Bierman and Thomas Popple of Ray White Double Bay is a c1924 Inter-war home luxuriously recrafted by Molnar Architects and Jacket Curated.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2019/01/21/australian-luxury-hotels-their-game-chinese-tourists/1548029132

Australian luxury hotels up their game for Chinese tourists

With the Chinese now accounting for Australia’s largest group of tourists, hotels are going the extra yard to make their visitors feel welcome.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/21/doubletree-hilton-perth-northbridge-officially-opens/1548028404

DoubleTree by Hilton Perth Northbridge officially opens

Hilton officially opened DoubleTree by Hilton Perth Northbridge on Friday, marking the DoubleTree brand’s first Western Australia property and the first new-build DoubleTree property to open in Australia.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/01/21/new-global-luxury-hotel-brands-grow-seq-star-studded-destination/1548017861

New global luxury hotel brands to grow SEQ into a star-studded destination

Brisbane and the Gold Coast could emerge as the star-spotting capitals of Australia when major international hotel brands – The Rosewood, The Ritz Carlton, and The Dorsett – open their doors in South East Queensland.

The Hotel Conversation

https://www.retalkasia.com/news/2019/01/18/asia-property-market-outlook-challenging-colliers/1547765028

Asia property market outlook challenging - Colliers

However, opportunities remain for occupiers and investors according to Colliers International, in their latest predictions for the Asia property market in 2019

RETalk Asia

https://www.retalkmena.com/news/2019/01/17/aldar-launches-aed-2-billion-mixed-use-development-alshamkha/1547679865

Aldar launches AED $2 billion mixed-use development in Alshamkha

Aldar Properties has announced the launch of its newest AED 2 billion development, Alreeman in Alshamkha. With investment zone status, the mid-market, mixed-use development offers residential and commercial land plots available for purchase by all nationalities.

RETalk Mena

https://www.retalkmena.com/news/2019/01/17/clear-challenges-facing-uae-market-2019-says-knight-frank/1547686460

'Clear challenges' facing the UAE market in 2019, says Knight Frank

Knight Frank's UAE market review and 2019 forecast has predicted further challenges for the office and retail sectors, but a slight boost for the property market.

RETalk Mena

https://www.commo.com.au/news/2019/01/18/office-market-expected-be-more-even-2019/1547760298

Office market expected to be more even in 2019

Knight Frank and CBRE have predicted steady growth for Australia's office market in 2019, with demand set to rise outside the traditionally dominant centres of Sydney and Melbourne.

COMMO

https://www.commo.com.au/news/2019/01/18/retail-sector-remain-healthy-2019/1547755244

Retail sector to remain healthy in 2019

Trends that emerged in the retail sector during 2018 could become more pronounced across the next 12 months, according to CBRE's National Director for Retail Investments, Mark Wizel.

COMMO