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Featured Property

Lifestyle Bellarine Peninsula acreage for sale - Ray White

Stoneacres at 310 Scotchmans Road Drysdale for sale by Anthony Stevens of Ray White Rural Victoria is the ultimate rural retreat.

National

The Economy

Monthly CPI is evidence of inflation abating - REIA

“The latest figure confirms the overall trend down in inflation from the December 2022 figure of 8.4%,” said Mr Hayden Groves, President of the Real Estate Institute of Australia (REIA).

Queensland (Qld)Brisbane

Featured Property

Dominos CEO Don Meij’s Hamilton Hill entertainer sold - Place

1A Eldernell Terrace Hamilton sold by Patrick McKinnon and Jill Wright of Place Ascot is positioned among Hamilton’s finest addresses, overlooking the Brisbane River.

New South Wales (NSW)Sydney

Featured Property

Breathtaking ocean backdrop Bronte beachfront for sale - Ray White

12 Bronte Marine Drive Bronte for sale by Elliott Placks of Ray White Double Bay is across the road from one of Sydney's most picturesque beaches.

New South Wales (NSW)

People

Top regional agent hits significant milestone surpassing 3,000 sales - LJ Hooker

LJ Hooker Lithgow principal, Jamie Giokaris has just clocked up more than 3,000 property sales in and around his hometown west of the Blue Mountains.

National

The Economy

Short-term selling on the rise as property profits fall - CoreLogic

CoreLogic’s latest Pain & Gain Report shows the portion of dwellings that made a nominal gain from resale declined for the third consecutive quarter to 92.3% from a recent high of 94.2% in the three months to May 2022.

Victoria (Vic.)

Featured Property

38-acre prestige equestrian Mornington Peninsula for sale - Marshall White

180 Coolart Road Moorooduc for sale by Stephen Baster and Samuel McNeilage of Marshall White is a showcase of ready-made equestrian success.

National

The Economy

Combined capital cities clearance rate rebounds to a three-week high - CoreLogic

The combined capitals hosted a quieter auction week with the number of auctions reducing to 1,790 this week, down -8.0% from the 1,945 held last week and -24.3% below the 2,364 held this week last year.

New South Wales (NSW)Sydney

People

Ward Partners joins McGrath Hunters Hill

McGrath to expand its area dominance as Ward Partners join forces with McGrath Hunters Hill. The partnership will enable McGrath's Hunters Hill and Lane Cove offices to combine forces.

National

The Economy

Australia expected to see more branded residences in line with global growth: Knight Frank research

Australia is ripe for the development of more branded residences in the future as the latest research from Knight Frank shows the property type is growing in popularity around the world.

Pages

News Roundup

https://www.rethinktokyo.com/china%E2%80%99s-housing-glut-japan%E2%80%99s-real-estate-market

Does China’s housing glut foreshadow the future of Japan’s real estate market?

China is stuck with 65 million empty apartments due to oversupply and overpricing. Will Tokyo's soaring real estate market face the same fate?

REthink Tokyo

https://www.thehotelconversation.com.au/news/2019/06/10/how-boutique-hoteliers-can-boost-their-cash-flow/1560165871

How boutique hoteliers can boost their cash flow

BMT Tax Depreciation have advised that boutique hotel investors may be eligible for thousands of dollars in property depreciation deductions, a non-cash deduction, meaning hoteliers don’t need to spend any money in order to claim it.

The Hotel Conversation

https://www.theaseandeveloper.com/news/2019/06/07/designs-unveiled-new-timber-office-building-melbourne-central/1559890273

Designs unveiled for new timber office building at Melbourne Central

Plans for a large-scale timber office building in Melbourne's CBD have been released to the public.

The Asean Developer

https://www.mingalarrealestateconversation.com/news/2019/06/11/interim-census-planned-november-year-review-growing-social-and-economic-affairs

Interim census planned for November this year - to review growing social and economic affairs

Rapidly growing social and economic affairs in Myanmar have triggered a plan for an interim census to be held this year announced by the Ministry of Labor, Immigration and Population.

Mingalar Real Estate Conversation

https://www.thehotelconversation.com.au/news/2019/06/06/naumi-hotels-revealed-buyer-dairy-private-hotel-queenstown/1559789741

Naumi Hotels revealed as buyer of The Dairy Private Hotel in Queenstown

Naumi Hotels – Singapore-based private hotel owner and operator announced today that it is expanding its presence in Australasia with the acquisition of business of The Dairy Private Hotel in Queenstown, New Zealand.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2019/06/06/institutional-investors-dominate-brisbane%E2%80%99s-industrial-market-q1-2019/1559798816

Institutional investors dominate Brisbane’s industrial market for Q1 2019

There has been $230 million worth of logistics and warehouse sales in Brisbane so far this year, according to new data from Colliers International.

The Industrialist

https://www.commo.com.au/news/2019/06/03/park-ridge-retail-centre-sold-417-million/1559543434

Park Ridge retail centre sold for $4.17 million

A convenience retail centre at 3722 Mt Lindesay Highway, Park Ridge has been sold to a local investor for $4.17 million.

COMMO

https://www.commo.com.au/news/2019/06/05/sydney-and-melbourne-leading-two-speed-office-economy-says-lj-hooker/1559718137

Sydney and Melbourne leading two-speed office economy, says LJ Hooker

Sydney and Melbourne’s CBD office markets continue to underline the nation’s two-speed economy, but floorspace is being absorbed in resource-rich states, according to LJ Hooker Commercial’s recently released Office Market Monitor.

COMMO