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Construction crisis just about over says Ray White Group Chief Economist

It is therefore good news that construction costs are finally starting to ease. So much so that in Perth and Hobart, construction costs are actually declining. What has turned conditions around? By Nerida Conisbee, Ray White Group Chief Economist.

National

The Economy

John McGrath – Why home values are likely to keep rising from here

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, there are many supportive factors pushing home values higher this Spring season across many areas of Australia.

National Queensland (Qld)Brisbane

People

Real Estate Agent's Interactive Marketing Strategy

Thomas Coussens of Place Nundah has used a "Selfie Wings" banner around his children's future school in a sponsorship agreement. It has gone nuts - kids, parents and the public have been standing in front of the wings posting photos of themselves, all the while spreading Thomas' brand locally. Thomas discusses how he promotes his business through community engagement.

New South Wales (NSW)

Featured Property

Sustainable Zara Springs estate for sale - Sotheby’s

351 Zara Road Zara for sale by Grant Dale, David Medina and James McCowan of Byron Bay Sotheby’s International Realty is an eco sanctuary with flourishing manuka honey plantation.

Queensland (Qld)

Featured Property

Rancho del Cielo 4.65-hectare Carbrook resort-style for sale - SpinksCo

1 Fischer Road Carbrook for sale by Rachael Spinks of SpinksCo Residential delivers breathtaking views between Brisbane and the Gold Coast.

Victoria (Vic.)Melbourne

Featured Property

New Toorak Sync Architecture design for sale - RT Edgar

20 Tashinny Road Toorak for sale by Max Ruttner and Sarah Case of RT Edgar delivers exquisitely finished interiors, abundant natural light and leafy landscaped views.

Queensland (Qld)Brisbane

Featured Property

Luxury Hendra overlooking Eagle Farm Racetrack for sale- Place

106 Mein Street Hendra for sale by Patrick McKinnon and Jill Wright-Wotton of Place Ascot is an opportunity for racing enthusiasts to immerse themselves in the thrill of the track.

National

The Economy

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.

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.