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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.”

Victoria (Vic.)Melbourne Brighton

Featured Property

Builders own Martin Friedrich Architects Brighton residence for sale with 12-car garage - RT Edgar

34 Middle Crescent Brighton for sale by Sarah Case and Chelsie Cargill of RT Edgar was built by The Edge Development Group’s Cieran Kayes as his personal home.

Pages

News Roundup

https://www.theaseandeveloper.com/news/2019/02/19/new-yangon-development-company-invites-expressions-interest-city-challenge-myanmar

New Yangon Development Company invites expressions of interest for city challenge in Myanmar

This year's New Yangon Development Company Challenge is underway in Myanmar, with expressions of interest open for New Yangon City's Phase One infrastructure projects.

The ASEAN Developer

https://www.commo.com.au/news/2019/02/19/clarence-street-taking-rooftop-bars-next-level-sydney/1550550812

Clarence Street taking rooftop bars to the next level in Sydney

The opening of the Old Mates Place rooftop bar on Sydney's Clarence Street has breathed new life into a former office building.

COMMO

https://www.thebusinessconversation.com.au/property/69a-esplanade-paynesville-3880/sam%E2%80%99s-wardrobe-lakeside-fashion-retail-opportunity

Sam’s Wardrobe: Lakeside fashion retail opportunity

With a prime position in a popular tourist town, this retail business offers a well-established lifestyle opportunity. For sale by Bret Ward of Bret Ward Real Estate Paynesville.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/02/19/worldhotels-sold-best-western-hotels-and-resorts/1550530704

WorldHotels sold to Best Western Hotels and Resorts

Best Western has announced today it has acquired renowned global hotel brand WorldHotels, representing a collection of approximately 300 hotels and resorts in premier destinations around the world, including the Stamford Plaza hotels in Adelaide, Brisbane, Melbourne and Sydney Airport.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/14/ihg-acquires-six-senses-300m/1550105548

IHG acquires Six Senses for $300m

InterContinental Hotels Group has today announced the acquisition of Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas for $300 million.

The Hotel Conversation

https://www.commo.com.au/news/2019/02/18/strata-portfolio-melbournes-manchester-house-sold-10000-square-metre/1550466042

Strata portfolio in Melbourne's Manchester House sold for $10,000 per square metre

A strata portfolio of two large office floors and a retail unit within the historic Manchester House building on Flinders Lane in Melbourne has been sold by the Fitzroys CBD team.

COMMO

https://www.theaseandeveloper.com/news/2019/02/18/what-are-impacts-climate-change-real-estate/1550461826

What are the impacts of climate change on real estate?

The impact of climate change on the real estate industry highlights the need for a better understanding of investment risk assessment practices, according to a new report from the Urban Land Institute (ULI) and Heitman

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/02/18/invercargill-licensing-trust-launches-competition-name-new-hotel/1550446139

Invercargill Licensing Trust launches competition to name new hotel

With site preparation now underway, the focus has turned to selecting a name for the $40 million Invercargill inner-city development, expected to be completed in 2021.

The Hotel Conversation