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Featured Property

New Mittagong record for modern Southern Highlands farmhouse - Carlton Real Estate

Poppaea 22 Nero Street Mittagong sold by Jenny Bailey of Carlton Real Estate for $6.3m. The Southern Highlands market remains steady with Sydney buyers looking for a weekender or country retreat.

New South Wales (NSW)Sydney

Featured Property

One Sydney Harbour apartment for sale - Ray White

Brand new Residences One 51C/88 Barangaroo Avenue Barangaroo for sale by Nic Krasnostein and Elliott Placks of Ray White Double Bay with a guide of $11.5 - $12.5m.

Victoria (Vic.)Melbourne

Featured Property

Mediterranean inspired Mt Eliza Golden Mile for sale - RT Edgar

7 Harleston Road Mount Eliza for sale by Vicki Sayers and Katrina O’Carroll of RT Edgar feels like living in the countryside, within walking distance of Mt Eliza village.

Victoria (Vic.)Melbourne

People

Leading Williamstown agents join forces

Lifelong friends and leading prestige agents Joanne Royston and Dean Stanley have come together to open Ray White Williamstown. Ray White Victoria and Tasmania CEO Stephen Dullens said he’s thrilled to announce that two of the top agents and real estate agency directors in Melbourne’s inner western suburbs have joined the group.

National

The Economy

Preliminary capital city clearance rate holds above 70% - CoreLogic

According to Kaytlin Ezzy, Economist, CoreLogic, the end of school holidays across Victoria is likely to be a contributing factor to the 6.3% increase in auctions this week, with 1,518 homes auctioned across the combined capitals.

National

The Economy

Construction costs finally begin to slow

According to Nerida Conisbee, Ray White Chief Economist, it has been a stressful time for the construction industry, and by extension for housing supply and affordability.

New South Wales (NSW)Sydney

Rising star Anna Chen bolsters BresicWhitney Lower North Shore

The growth of BresicWhitney’s Lower North Shore team has been furthered this week with the addition of multilingual sales agent, Anna Chen.

Victoria (Vic.)

The Economy

House prices hold ground across Victoria - REIV

Price stability continues across Victoria’s property market, with metropolitan units climbing 3.2 per cent to $630,500 while metropolitan houses recorded a 1.1 per cent drop to $937,500.

National

The Economy

John McGrath – What key amenities are worth

John McGrath, Chief Executive Officer of McGrath Estate Agents, looks at the common question in real estate, how much are certain amenities actually worth?

New South Wales (NSW)Sydney

The Economy

Sydney waterfront property commands the highest premium globally - Knight Frank

Knight Frank has released its 2023 Waterfront Homes report. The research found Sydney waterfront property commanded the highest price premium out of the 8 global cities analysed. Waterfront property in Sydney generates a 118% premium, down only marginally from 121% in 2022.

Pages

News Roundup

https://www.retalkmena.com/news/2019/06/20/emirates-green-building-council-announces-building-retrofit-training-dates

Emirates Green Building Council announces Building Retrofit Training dates

EmiratesGBC has confirmed the dates of its building retrofit training workshops in Abu Dhabi and Dubai.

REtalk MENA

https://www.thehotelconversation.com.au/news/2019/06/19/gold-coast-international-visitor-market-share-grows-38-cent/1560950276

Gold Coast international visitor market share grows 3.8 per cent

International visitor expenditure on the Gold Coast topped $1.4 billion for the year ending March 2019, as tourists continue to spend more on accommodation, dining, shopping, theme parks and attractions.

The Hotel Conversation

https://www.commo.com.au/news/2019/06/19/woolworths-lands-former-princess-margaret-hospital-car-park-12375-million/1560918872

Woolworths lands former Princess Margaret Hospital car park for $12.375 million

The Western Australian Government’s former Princess Margaret Hospital car park sold for $12.375 million to Woolworths.

COMMO

https://www.thehotelconversation.com.au/news/2019/06/19/gold-coast-international-visitor-market-share-grows-38-cent/1560950276

Gold Coast international visitor market share grows 3.8 per cent

International visitor expenditure on the Gold Coast topped $1.4 billion for the year ending March 2019, as tourists continue to spend more on accommodation, dining, shopping, theme parks and attractions.

The Hotel Conversation

https://www.rethinktokyo.com/21st-Century-Museum-of-Contemporary-Art-Kazanawa-SANAA

21st-century art in a 14th-century city: SANAA’s creation for Kanazawa

Contemporary in both content and in concept, Kanazawa’s 21st Century Museum of Contemporary Art is a signature example of innovative design duo SANAA’s creativity.

REthink Tokyo

https://www.theaseandeveloper.com/news/2019/06/18/geocon-wins-approval-canberra-city-development/1560831756

Geocon wins approval for Canberra City development

Canberra-based developer Geocon will go ahead with its $200 million Canberra city project after receiving approval from the ACT government's National Capital Design Review Panel.

The ASEAN Developer

https://www.commo.com.au/news/2019/06/18/sydney-technical-college-hits-market-first-time-30-years/1560811079

Sydney Technical College hits the market for the first time in 30 years

CBRE's City Fringe Team will manage the sale of former Sydney Technical College, which was in operation from the 1950s to late 1980s

COMMO

https://www.thehotelconversation.com.au/news/2019/06/18/element-westin-opens-element-melbourne-richmond-hotel/1560816682

Element by Westin opens Element Melbourne Richmond hotel

Element by Westin, part of Marriott International, today announced the opening of Element Melbourne Richmond.

The Hotel Conversation