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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.

People

Run a real estate agency to simplify life? Learn how these 3 mates have achieved just that

Launching Wilton Lemke Stewart in partnership with UrbanX, Jesse Wilton explains, “This was a merge of two business, we made the decision to simplify our lives and rather than go it alone we wanted to share the rewards of being business owners.”

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/02/11/mountain-highway-development-site-sold/1549854833

Mountain Highway development site sold

A Bayswater development site along the Mountain Highway has been sold by Savills.

The ASEAN Developer

https://www.commo.com.au/news/2019/02/12/zagame-family-acquires-abbotsford-office-building-site-australian-education-union

Zagame family acquires Abbotsford office building site from Australian Education Union

Fitzroys has negotiated the sale of an office building site in Abbotsford on behalf of the Australian Education Union's Victorian branch.

COMMO

https://www.thehotelconversation.com.au/news/2019/02/11/nzicc-local-art-installation-begins/1549855190

NZICC local art installation begins

Construction of the New Zealand International Convention Centre (NZICC) has reached another milestone, with the installation of the first of the glass art work covering the exterior top of the building.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/11/brisbane-airport-and-brisbane-marketing-partnership-boost-tourism/1549840591

Brisbane Airport and Brisbane Marketing partnership to boost tourism

Brisbane Airport Corporation and Brisbane Marketing have entered into a three year multi-million dollar partnership to boost recognition of Brand Brisbane to international audiences, further enhancing Brisbane’s position as an international gateway to Australia.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/02/11/global-quickbooks-study-highlights-small-business-cash-flow-woes/1549837300

Global QuickBooks study highlights small business cash flow woes

Half of Australian small businesses surveyed have lost $10,000 or more by foregoing a project or sales due to cash flow issues.

The Business Conversation

https://www.retalkasia.com/news/2019/02/08/asia-property-market-outlook-challenging-2019-opportunities-remain-occupiers-and

Asia property market outlook challenging in 2019, but opportunities remain for occupiers and investors

Colliers International released its latest predictions for the Asia property market in 2019

RE Talk Asia

https://commo.com.au/news/2019/02/08/opportunity-beckons-bendigo-gateway-sale/1549599397

Opportunity beckons in Bendigo with Gateway sale

The listing of a seven-hectare site within Bendigo by Killen Thomas has come a month before Qantas start flying directly to the region from Sydney.

COMMO

https://www.thehotelconversation.com.au/news/2019/02/07/mount-lofty-house-completes-6m-refurbishment-new-15m-sequoia-development-opening

Mount Lofty House completes $6m refurbishment, with new $15m 'Sequoia' development opening September 2019

Built in 1852 by Arthur Hardy as a summer house, Adelaide's iconic five-star hotel has recently completed a 12-month $6 million refurbishment of its 32 guest rooms and brand new reception area, restaurant, bar and conference facilities.

The Hotel Conversation