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Openn Appoints new CEO for AU/NZ

Openn is pleased to announce the appointment of Sean Adomeit as Chief Executive Officer (‘CEO’) of Openn Pty Ltd.

New South Wales (NSW)

Featured Property

Tweed Heads apartment for sale - REAL Specialists

The Azalea apartment, for sale by auction on 2nd March 2022 by Gary Evenden of REAL Specialists, features ocean views and outdoor entertaining large enough to host a small crowd.

National

People

Similarweb Names Openn in its Digital-100 Annual Rankings

The Digital 100 acknowledges Australian brands across five categories who demonstrated exceptional digital growth performance in 2021.

National

The Economy

Australia’s relationship with the regions; eternal love or fleeting affair? - CoreLogic

More space, flexible working conditions and affordability has successfully tempted property buyers to Australia’s regional areas, fuelling a surge in property values and drastically reducing selling times.

National

The Economy

John McGrath – Is selling sooner better than later in 2022?

John McGrath founder and executive director of McGrath Estate Agents, looks at when to sell in 2022, especially with the first 6 months being slightly unusual, with several calendar events impacting the flow of market activity.

New South Wales (NSW)Sydney

Featured Property

Tied to Lang Hancock Wharncliffe for sale - The Agency

Location of Lang Hancock and Rose Lacson wedding the 7500sqm Killara estate for sale by Steven Chen and Michael Chen of The Agency Projects

New South Wales (NSW)Sydney

Featured Property

10 hectare Arcadia estate for sale – Ray White

24 Geelans Road Arcadia for sale by Sandra Ward of Ray White Dural is an equestrian lover’s dream with paddocks, stables and a floodlit Olympic sized arena.

Queensland (Qld)Brisbane

Featured Property

180-degree Brisbane River and city views for sale - Place

The luxe Shaun Lockyer designed Norman Park home for sale by Heath Williams of Place New Farm and Sarah Hackett of Place Bulimba.

New South Wales (NSW)Sydney

Featured Property

Grand Centennial Park Federation for sale - The Agency

The Lang Road home for sale by Ben Collier of The Agency is one of the area's finest homes.

Queensland (Qld)Brisbane

Featured Property

Substantial Clayfield home for sale on 1,011sqm - Place

This grand Brisbane residence for sale by Drew Davies and Patrick McKinnon of Place Ascot, features stunning outdoor entertaining spaces and Moreton Bay outlooks from the upper level.

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News Roundup

https://myaccount.news.com.au/sites/theaustralian/subscribe.html?sourceCode=TAWEB_WRE170_a&mode=premium&dest=https%3A//www.theaustralian.com.au/business/property/lendlease-inks-deal-to-build-and-operate-retirement-village-in-shanghai/news-story/fe28b7ed0e07e36c3a4caed1fd2b6696&memtype=anonymous

Lendlease inks Shanghai deal

Lendlease is set to expand into China’s retirement village market, as it beds down a $400m project in Shanghai.

The Australian

https://www.brisbanetimes.com.au/national/queensland/brisbane-s-inner-city-rental-market-tightens-while-the-suburbs-ease-20180422-p4zb03.html

Brisbane's inner-city rental market tightens while the suburbs ease

The rental vacancy rate in Brisbane's inner-city has tightened, while the market has eased slightly in the suburbs.

The Brisbane Times

https://www.smh.com.au/national/nsw/homeowners-with-grenfell-like-cladding-could-face-price-drop-labor-warns-20180422-p4zb16.html

Homeowners with Grenfell-like cladding could face price drop, Labor warns

The NSW opposition has raised concerns flammable cladding could cause a huge drop in housing prices for home owners.

Sydney Morning Herald

https://www.realestate.com.au/news/former-afl-player-pays-over-100-million-for-brandon-park-shopping-centre/?rsf=syn%3Anews%3Anca%3Ahs%3Aspa

Former AFL player pays over $100 million for Brandon Park shopping centre

Troubled Brandon Park shopping centre has been snapped up for a huge sum after languishing on the commercial property market for nearly six months.

Herald Sun

https://www.theage.com.au/national/150m-in-compo-sought-over-failed-insulation-batts-program-20180422-p4zb1g.html

$150m in compo sought over failed insulation batts program

Installers and manufacturers affected by the Rudd government's failed home insulation program will seek $150 million in damages in a class action to be launched on Monday.

The Age

http://www.afr.com/real-estate/a-sustainable-access-to-credit-is-key-to-solving-housing-affordability-20180420-h0z1yv

A sustainable access to credit is key to solving housing affordability

A better housing blueprint, financial literacy for homebuyers and a sustainable access to credit following the banking royal commission are critical to the resolution of Sydney and Melbourne's housing affordability issue.

The Australian Financial Review

http://www.abc.net.au/news/2018-04-23/live-banking-royal-commission-amp-board/9686898

Banking royal commission examines dodgy financial advice as shareholders consider rolling AMP board

The financial services royal commission will continue hearing evidence about many instances of inappropriate financial advice given to customers, with ANZ, AMP and NAB scheduled to appear.

ABC

https://www.theaustralian.com.au/business/property/buyers-beware-markets-havent-finished-falling-yet/news-story/2550977c2457cb11027f91ab894a53d1?login=1

Buyers beware: markets haven’t finished falling yet

Even in the still undersupplied Sydney market, we don’t expect the next upswing for another three to four years, and by then rising interest rates may slow the recovery.

The Australian