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Queensland property continues to rise and shine in 2024 - REIQ

With Queensland property prices continuing to climb over the March 2024 Quarter, the Real Estate Institute of Queensland (REIQ) is encouraging aspiring homeowners to think laterally to get onto the property ladder.

National

The Economy

Profitability reigns as property gains hit 14-year high

Australian property resales reached their highest rate of profitability since July 2010 in the first quarter of the year says CoreLogic’s Head of Research Eliza Owen.

National

People

SCA Appoints Stephen Phillips as Independent Chair of Complaints & Conduct Panel

SCA introduce Stephen Phillips as the new independent Chair of the Professional Standards and Membership Board Advisory Group (PSMBAG), the committee tasked with handling complaints against SCA members.

Western Australia (WA)Perth

People

Land Services WA takes strategic stake in Realtime Conveyancer

Realtime Conveyancer, the leading provider of innovative conveyancing solutions, has announced that Land Services WA has become a strategic investor in the company.

National

The Economy

Residential yields outperform compared to commercial assets

By Vanessa Rader, Head of Research, Ray White Group.

Queensland (Qld)

The Economy

REIQ calls for assurance against reviving multi-jurisdictional land tax

REIQ urges political parties to pledge against reviving the controversial multi-jurisdictional land tax proposal that impacted Queensland property investment.

Queensland (Qld)Brisbane

People

Place Estate Agents unveils expansion plans

Place Estate Agents share its roadmap to 2032 and is inviting existing business owners and agents to explore the company’s growth opportunities.

National

The Economy

John McGrath – What’s driving multi-speed price growth across Australia?

John McGrath highlights Australia's diverse property market with varied 12-Month price changes across capital cities and regions.

New South Wales (NSW)Sydney

Politics

REINSW: More hidden taxes for property owners

The Real Estate Institute of NSW (REINSW) has revealed another under-handed NSW Government plan to charge property owners more to offset increasingly “unaffordable” insurance costs says REINSW CEO Tim McKibbin.

Queensland (Qld)Sunshine Coast

Featured Property

Waterfront Trevor Reitsma designed Noosa auction - Reed & Co.

10 The Promontory Noosa Waters for sale by Adrian Reed and Taylor Clout of Reed & Co. offers a sanctuary of refined elegance and contemporary design.

Pages

News Roundup

https://www.thehotelconversation.com.au/news/2020/05/25/victorian-government-announces-15-million-eco-pod-funding-mount-buffalo/1590390130

Victorian Government announces $1.5 million 'eco-pod' funding for Mount Buffalo

The Victorian Government has signalled its intention to turn Mount Buffalo into a 12-months-a-year tourism destination through support for new “eco pod” accommodation.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/05/19/ats-building-supplies-signs-lease-moorebank-logistics-centre-sydney-cbre/1589855347

ATS building supplies signs lease for Moorebank Logistics Centre in Sydney - CBRE

ATS Building Supplies is relocating to a 12,501 square metre facility in the newly developed Moorebank Logistics Park as part of a deal negotiated by CBRE’s Adam Tresidder and Tom Rourke.

The Industrialist

https://www.thehotelconversation.com.au/news/2020/05/22/nsw-government-open-pubs-clubs-cafes-and-restaurants-50-patrons/1590124970

NSW Government to open pubs, clubs, cafes and restaurants to 50 patrons

The NSW Government will allow pubs, clubs, cafes and restaurants to have up to 50 customers June 1.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/05/22/nando%E2%80%99s-partners-foodbank-provide-1-million-meals-aussies-need/1590104595

Nando’s partners with Foodbank to provide 1 million meals to Aussies in need

The community-focused initiative follows Nando’s recent effort to support frontline workers.

The Business Conversation

https://www.retalkasia.com/news/2020/05/22/climate-change-and-food-security-set-dominate-real-estate-strategies-savills

Climate change and food security set to dominate real estate strategies - Savills

Savills has examined the effects of climate change on various aspects of real estate activity as part of its Impacts research programme, launching a Food Security Index where 38 countries have been ranked on availability, access, stability and utilisation.

Retalk Asia

https://www.thehotelconversation.com.au/2020/05/21/w-melbourne-open-december-2020/1590029081

W Melbourne to open in December 2020

Melbourne’s first luxury lifestyle hotel, W Melbourne is set to shake up the city’s hospitality scene, with W Melbourne’s General Manager Damon Page.

The Hotel Conversation

https://www.theaseandeveloper.com/properties/2020/05/19/crown-group-breaks-record-selling-three-penthouses-and-63m-worth-apartments

Crown Group breaks record selling three penthouses and $63M worth of apartments

Leading Australian property developer Crown Group has sold $63 million worth of luxury apartments and broken its own record by selling three penthouses in three months.

The ASEAN Developer

https://www.commo.com.au/news/2020/05/21/what-businesses-need-consider-heading-back-office/1590039595

What businesses need to consider before heading back into the office

JLL has developed a ‘Building Re-Occupation guide’ which Australian Head of Property Management Richard Fennell says provides a framework to guide property teams on some common issues regarding the building re-occupation phase.

Commo.