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Auction volumes rebound from long weekend lull - CoreLogic

Led by a rise in Melbourne, auction activity across the combined capitals is set to more than double this week, with 2,553 homes scheduled to go under the hammer.

New South Wales (NSW)

Featured Property

Mortgage Success founders Katrina and John Rowlands Wollongong home for sale - Knight Frank

5 Hillcrest Road Austinmer for sale by Nathan Berlyn of Knight Frank enjoys one of the best views on NSW South Coast has price expectations over $4m.

National

People

Professionals raise more than $4m to end breast cancer

Professionals real estate offices across Australia will turn pink in October to mark Breast Cancer Awareness Month, a cause close to the hearts of the entire network that has raised more than $4.2 million for research.

Victoria (Vic.)

Featured Property

10-acre Red Hill working truffle farm for sale - Buxton

17 Paringa Road Red Hill South for sale by Madeline Kennedy and Paul Armstrong of Buxton has been carefully curated to optimise its lifestyle credentials.

Victoria (Vic.)Melbourne

Featured Property

2-title c1879 Holm Park Estate for sale - Marshall White

180 Holm Park Road Beaconsfield for sale by Ben Vieth of Marshall White is a once in a lifetime opportunity for those seeking a piece of history.

National

The Economy

Vacancy rates reach new record lows despite rental growth easing - CoreLogic

Despite worsening affordability easing the pace of rental growth in Australia, rental availability tightened in September, with vacancy rates falling to new record lows across the country.

Victoria (Vic.)

Featured Property

Modern Guys Hill acreage for sale - Peake

10 Montuna Grove Guys Hill for sale by Kristen Turner and Andrew Brown of Peake Real Estate delivers country luxury with modern convenience.

New South Wales (NSW)Sydney

Design

BresicWhitney supports Vinnies’ inaugural charity art auction.

BresicWhitney has bolstered its long-standing community efforts, with the donation of an artwork to St Vincent de Paul Society NSW (Vinnies’) inaugural charity art auction.

National

Politics

REIA welcomes an ‘action not talk’ approach for energy by crossbench

The Real Estate Institute of Australia (REIA) has welcomed the calls by Independent for Wentworth, Ms Allegra Spender MP, to introduce an instant tax write off for family investors to implement energy upgrades in rental properties.

Victoria (Vic.)Melbourne

Politics

REIV response to additional Victorian property taxes

This morning’s announcement to extend, the already contentious, vacant property tax to regional Victoria and double the vacant land tax is just another regrettable demonstration of poor property policy development, and shortsightedness from the Victorian Government.

Pages

News Roundup

https://www.thebusinessconversation.com.au/2019/10/21/sydney%E2%80%99s-soon-be-tallest-office-building-seeks-affordable-innovation-space-operator

Sydney’s soon-to-be tallest office building seeks affordable innovation space operator

The City of Sydney hopes the new business innovation space will help tackle the affordable office space challenges facing local entrepreneurs.

The Business Conversation

https://www.theaseandeveloper.com/news/2019/10/21/penthouse-apartment-one-sydney-harbour-smashes-australian-price-record/1571620967

Penthouse apartment at One Sydney Harbour smashes Australian price record

Premier penthouse and accompanying sub-penthouse apartment sold for more than $140 million.

The ASEAN Developer

https://www.thebusinessconversation.com.au/property/8-napier-street-st-arnaud-3478/dabbling-duck-picturesque-parkside-cafe-sale

Dabbling Duck: picturesque parkside cafe for sale

Set in an historic building opposite the Botanical Gardens, this well established business is for sale by Mark Swanton of Elders Real Estate Melbourne.

The Business Conversation

https://www.thehotelconversation.com.au/2019/10/17/third-and-final-tower-fv-peppers-brisbane-now-open/1571298978

Third and final tower of FV by Peppers Brisbane now open

‘No.1’ - FV by Peppers’, the third and final tower developed by luxury property developer GURNERTM, has opened in Brisbane's Fortitude Valley.

The Hotel Conversation

https://www.commo.com.au/news/2019/10/18/has-adelaide-become-most-interesting-cbd-office-market/1571349069

Has Adelaide become the most interesting CBD office market?

All CBD office markets record positive net absorption over 3Q19, but new demand drivers in the Adelaide CBD capture attention, says JLL report.

Commo.

https://www.theindustrialist.com.au/news/2019/10/14/berrinba-industrial-precinct-experiences-record-demand/1571025294

Berrinba industrial precinct experiences record demand

Occupiers commit to more than 81,000 square metres across five major deals in just the past three months.