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Featured Property

Sustainable dual living Currumbin Ecovillage for sale - Sotheby’s

7 Doolee Court Currumbin Valley for sale by Scott Keatley and Morgan Keatley of Queensland Sotheby’s International Realty offers an idyllic lifestyle offsetting living costs.

Victoria (Vic.)

Featured Property

Modernist Sorrento beachfront for sale first time in over 50 years - Kay & Burton

Paringa 8 Leggett Way Sorrento for sale by Gerald Delany and Liz Jensen of Kay & Burton delivers a substantial beachfront home on tightly held land.

New South Wales (NSW)Sydney

The Economy

Vacancies continue downward spiral across New South Wales - REINSW

Residential vacancies in Sydney have fallen to a low not seen since November 2011, according to the REINSW Vacancy Rate Survey results for February 2023.

National

The Economy

Three years on from the pandemic: is the housing market going ‘back to normal’? - CoreLogic

CoreLogic has released a new report unpacking how the housing market has evolved since March 2020.

National

The Economy

John McGrath – Why it’s safe to sell in this market

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, sellers can now enter the market with greater confidence knowing the new market levels have been established and a good quality marketing campaign and sales effort should deliver a positive result.

National

People

An energised LJ Hooker network attracting staff in a changing market with over 1000 people joining LJH in the past 12 months

LJ Hooker announced it has recorded a 60 per cent increase in the number of professionals joining its network over the past 12 months, with established offices leading the recruitment drive. Across Australia, 1,010 people joined the LJ Hooker network. General Manager of Network, Stephen Mutton, said “The increase tells us that people value the opportunities and support provided by LJ Hooker,” he said.

Victoria (Vic.)Melbourne

People

Buxton expands into Melbourne’s affluent Camberwell

Buxton expansion goals are well underway, as the team behind their Ashburton, Oakleigh & Mount Waverley locations announce the opening Camberwell Buxton. Buxton Group CEO Marcus Williams is thrilled about the introduction into Camberwell, which will only further strengthen Buxton’s footprint across the state.

Victoria (Vic.)

Featured Property

Mornington Peninsula waterfront for sale with private beach access - Kay & Burton

Windmill 4305 Frankston-Flinders Road Shoreham for sale by Andrew Hines and Gerald Delany of Kay & Burton exemplifies the pinnacle of bespoke, waterfront living.

National

People

REIA 2023 NAFE winners announced

REIA National Awards for Excellence winners have been announced at the at the Crown Ballroom in Perth, which was hosted by the Real Estate Institute of Western Australia.

Victoria (Vic.)Melbourne

Featured Property

REA CEO lists Toorak Tudor home for sale - Marshall White

25 Linlithgow Road Toorak for sale by Marcus Chiminello and Nicole French of Marshall White is positioned among some of Toorak's most prestigious properties.

Pages

News Roundup

https://www.commo.com.au/news/2019/02/05/iconic-gold-coast-office-development-site-sold-34-million/1549335621

'Iconic' Gold Coast office development site sold for 3.4 million

Colliers has announced the sale of 120 Saganto Drive, Helensvale to Alder Developments.

COMMO

https://www.mingalarrealestateconversation.com/news/2019/02/05/new-tourism-strategies-needed-myanmar-government-colliers/1549313496

New tourism strategies needed from Myanmar Government - Colliers

An increase in Chinese visitors for 2018 needs to be replicated with western tourists, according to Colliers.

Mingalar Real Estate Conversation

https://www.retalkasia.com/news/2019/02/05/tokyo-office-vacancy-rate-falls-below-1-across-all-grades-rents-rise/1549334417

Tokyo office vacancy rate falls below 1% across all grades as rents rise

CBRE released its Q4 2018 Japan Office MarketView covering market trends in office buildings in 13 cities across Japan.

RETalk Asia

https://www.theaseandeveloper.com/news/2019/02/04/mt-coot-tha-zipline-moving-forward/1549248021

Mt Coot-tha zipline moving forward

Some new views could be added to Mt Coot-tha by the end of the year after Brisbane City Council approved a zipline project for the site.

The Asean Developer

https://www.commo.com.au/news/2019/02/04/barracks-bought-16232m/1549242494

Barracks bought for $162.32m

The sale of 61 Petrie Terrace has been settled in an off-market transaction from Challenger Financial Services to Fortius Funds Management.

COMMO

https://www.thebusinessconversation.com.au/news/2019/02/05/sensis-business-index-reveals-nine-year-high-aussie-small-business-confidence

Sensis Business Index reveals nine-year high for Aussie small business confidence

The most confident sector over the three months to December 2018 was Hospitality, which reached a record high index level of +71 following a massive increase of 36 points.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/02/05/international-hotel-brand-development-opportunity-gold-coast/1549337353

International hotel brand development opportunity Gold Coast

Canford Property Group announces that they, together with tier one builder Multiplex, have been engaged to advise on a feasibility for a site for sale in Surfers Paradise which "is proposed to be the destination for a new 200 room 4/5 star international hotel."

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/04/sunshine-coast%E2%80%99s-iconic-big-pineapple-master-plan-moves-ahead/1549232274

Sunshine Coast’s iconic Big Pineapple Master Plan moves ahead

Work is picking up pace on the $150 million master plan to revive the Sunshine Coast’s iconic Big Pineapple.

The Hotel Conversation