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Winter auction market holds steady - CoreLogic

Auction activity remains steady this week with 1,426 homes across the combined capitals scheduled for auction, down just two auctions from last week. Last year over the same period, a 3.7% week-on-week increase was recorded, as school holiday activities concluded.

National Queensland (Qld)Brisbane

People

Coronis Group Empowers Aspiring Agents with Jodi Ford's Inspiring Journey over her past 40 years in the Industry

Coronis Group, a leading real estate network, is thrilled to highlight the exceptional leadership expertise of Jodi Ford. Jodi's journey from property manager to a successful business owner showcases the unique support and mentorship that Coronis provides to aspiring property agents in the industry.

Queensland (Qld)Brisbane

Place Ascot charity auction - commission free sale

Place Ascot continues its support of Ascot State School with a charity auction for commission free sale.

National

Construction

Commencements of detached houses continue to decline into 2023 - HIA

“Australia commenced 26,265 new houses in the first quarter of 2023, down by 16.4 per cent on the same quarter last year and 39.1 per cent fewer houses commenced than during the peak in the June Quarter 2021,” stated HIA Senior Economist, Tom Devitt.

New South Wales (NSW)

Featured Property

Secluded 20-acre Southern Highlands estate for sale - Knight Frank

Wombat Hollow at 300 Kirkland Road East Kangaloon for sale by Nathan Berlyn and Andrew Blake of Knight Frank delivers a range of additional curated accommodation.

Victoria (Vic.)Melbourne Brighton

Featured Property

Finnis Architects ultra modern Brighton for sale - Buxton

Quarry House 6 Menzies Avenue Brighton for sale by Stefan Whiting and Kym Williams of Buxton Brighton offers architect designed tri-level luxury in a quiet cul-de-sac.

National

The Economy

Growth in Australian construction costs lowest since 2020 - CoreLogic

CoreLogic’s Cordell Construction Cost Index (CCCI), which tracks the cost to build a typical new home, returned a quarterly growth rate of 0.7% for the June quarter, the lowest rate since September 2020 and well below the 1.2% decade average.

Victoria (Vic.)

Featured Property

Mount Eliza Pelican Point beachfront for sale - McEwing & Partners

Peppermint Grove 3 Tintagel Court Mount Eliza for sale by Quentin McEwing and Kelsi Culhane of McEwing & Partners offers direct gated access to Daveys Bay and Canadian Bay beaches.

National

The Economy

LJ Hooker Group reveals six solutions that could ease Australia’s rental challenges

Implementing diverse and comprehensive strategies aimed at increasing housing supply is crucial to addressing Australia’s rental crisis, according to a new report released by the LJ Hooker Group.

New South Wales (NSW)Sydney

The Economy

Vacancy rates fluctuate, but no end in sight for rental crisis - REINSW

The REINSW Vacancy Rate Survey results for June 2023 show that while residential vacancies in Sydney have increased slightly, the availability of rental accommodation remains at crisis levels.

Pages

News Roundup

https://www.thebusinessconversation.com.au/2019/07/04/workplace-paper-dependency-hr-and-finance-named-worst-offenders/1562208506

Workplace paper dependency: HR and Finance named the worst offenders

Following a decade of efforts to get rid of paper in the workplace, a new survey by Forum Group investigates what’s really going on with paper use in Australian workplaces.

The Business Conversation

https://www.thehotelconversation.com.au/properties/2019/07/03/sebel-pelican-waters-resort-management-rights-sale/1562109804

Sebel Pelican Waters Resort Management Rights for sale

An Expressions of Interest campaign has been launched exclusively by ResortBrokers Australia which is expected to yield in excess of $2 million for the management rights to the Sebel Pelican Waters Resort on Queensland’s Sunshine Coast.

The Hotel Conversation

https://www.commo.com.au/news/2019/07/03/colonnade-perth-sold-3785-million/1562130501

Colonnade in Perth sold for $37.85 million

The Colonnade in Subiaco, Perth has been sold to property fund manager Realside for $37.85 million.

COMMO

https://www.retalkmena.com/news/2019/07/04/chestertons-appoints-new-global-head-international-sales-based-dubai/1562215299

Chestertons appoints new Global Head of International Sales, based in Dubai

Chestertons International has appointed Dennis Chan to be its Dubai-based Global Head of International Sales.

RETALK MENA

https://www.thehotelconversation.com.au/properties/2019/07/03/elysian-retreat-long-island-whitsundays-resort-sale/1562135661

Elysian Retreat Long Island Whitsundays resort for sale

JLL Hotels & Hospitality Group, together Knight Frank Rockhampton, are offering Elysian Retreat Long Island for sale, located on the world-renowned Great Barrier Reef.

The Hotel Conversation

https://www.commo.com.au/2019/07/03/manufacturing-sector-still-key-industrial-despite-online-retailing-growth-says-jll

Manufacturing sector still key to industrial, despite online retailing growth, says JLL

JLL Research shows that despite the transport-logistics and retail sectors accounting for 60 per cent of total take-up of industrial floorspace in Australia in 2018, manufacturing still represents a significant proportion, with continuing growth for food and groceries.

COMMO

https://www.rethinktokyo.com/tokyo-essentials-shops

A guide to Tokyo’s daily essential stores

Where to go to get food from back home, medical necessities and all your daily essentials in Tokyo.

Rethink Tokyo

https://www.commo.com.au/news/2019/07/02/melbourne-cbd-home-greek-restaurant-tsindos-sold-81-million/1562046679

Melbourne CBD home of Greek restaurant Tsindos sold for $8.1 million

The CBD building housing Melbourne’s highly regarded Greek restaurant Tsindos has been sold under the hammer for $8.1 million, more than $2 million over the reserve price.

COMMO