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CBRE launches specialist prestige residential valuations team

CBRE has established a specialised NSW high-end residential valuations division, with a view to national expansion, announced The Australian head of CBRE’s Residential Valuations business Kat Hale. To be led by Bader Naaman, and joined by senior team members including Lead Sydney Prestige Valuer Nathan Hasham.

Victoria (Vic.)Melbourne Brighton Collingwood Fitzroy

People

REIV proposes digitising hard copy documentation at Victorian public auctions

Megan Mander, Interim CEO of the REIV, says the digitisation of auction documents aligns with modern practices seen elsewhere in Victoria.

Queensland (Qld)Brisbane

Featured Property

Shane Thompson designed O’Hare House Bardon for sale - SpinksCo

3/47 Carwoola Street Bardon for sale by Rachael Spinks of SpinksCo Residential delivers architectural ingenuity mixed with natural splendour in a tranquil bushland environment.

Queensland (Qld)Brisbane Gold Coast Sunshine Coast

The Economy

Dangerously low vacancy rates persist in Queensland - REIQ

Relatively stable yet dangerously low vacancy rates over the first quarter of 2024 are a cold comfort to renters desperately trying to find a place to call home in Queensland, said REIQ CEO Antonia Mercorella.

National New South Wales (NSW)Sydney

People

Josh Symons appointed Head of Real Estate Corelogic Australia

Corelogic have appointed Josh Symons Head of Real Estate Solutions Australia.

Queensland (Qld)Brisbane

Featured Property

Brookfield acreage for sale with tennis court and pool - SpinksCo

226 Moons Lane Brookfield for sale by Rachael Spinks of SpinksCo Residential offers a sanctuary of style and substance.

National

The Economy

John McGrath – How internal and overseas migration are impacting home values

Home values are still rising across Australia, with the national median price up 8.8% over the past 12 months and the hottest markets currently being Western Australia and Queensland.

National

The Economy

The biggest migration hot spots and the impact on housing trends - Corelogic

By Eliza Owen Head of Research Corelogic Australia.

National

The Economy

CPI still on track - REIA

Australia appears to be experiencing the same final hurdles as the USA in getting inflation back into the target range,” said Real Estate Institute of Australia President, Ms Leanne Pilkington.

Queensland (Qld)

People

McGrath extends its North Queensland presence to The Whitsundays

McGrath Estate Agents open new office, McGrath Whitsunday, Andy Camm will be Principal and joined by an initial team of three, including lead agent Helen Maund in a new office located in Airlie Beach announced Chris Mourd, Head of Franchise Network for McGrath.

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News Roundup

https://www.commo.com.au/news/2020/04/23/deals-coming-thick-and-fast-lj-hooker-commercial-perth/1587594560

Deals coming thick and fast for LJ Hooker Commercial Perth

While the past month has proved disruptive for many offices in Australia, it's business as usual for LJ Hooker Commercial Perth.

Commo.

https://www.thehotelconversation.com.au/news/2020/04/22/five-things-you-didnt-know-about-commercial-depreciation/1587505503

Five things you didn't know about commercial depreciation

To help commercial property owners and tenants gain a better understanding of depreciation, BMT Tax Depreciation outlines five little-known facts about the process.

The Hotel Conversation

https://www.commo.com.au/news/2020/04/21/how-make-sense-property-values-time-covid-19-when-there-no-market/1587449750

How to make sense of property values in the time of COVID-19, when there is no market

Urban Property Australia Founder and Managing Director, Sam Tamblyn examines how commercial property price trends will be determined in the wake of COVID-19.

Commo.

https://www.theaseandeveloper.com/news/2020/04/20/planning-ministers-commit-keeping-approvals-running/1587356751

Planning Ministers commit to keeping approvals running

A national agreement has been reached to ensure planning approvals maintain their usual pace throughout the COVID-19 pandemic.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2020/04/20/doma-lodges-development-application-42-honeysuckle-drive/1587361320

DOMA lodges development application for 42 Honeysuckle Drive

DOMA is seeking to develop 42 Honeysuckle Drive, Newcastle into an integrated commercial precinct that will include its Little National Hotel brand.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/04/17/market-survey-now-time-buy-or-sell-business/1587105214

Market survey: Is now the time to buy or sell a business?

“Due to the rise in unemployment, we expect the segment of buyers looking for ‘job type’ businesses to increase.”

The Business Conversation

https://www.commo.com.au/news/2020/04/20/victorian-childcare-centre-sold-4275-million/1587352461

Victorian childcare centre sold for $4.275 million

A local investor has purchased a childcare centre in Mount Helen in Victoria for $4,275,000 in a deal brokered by Mark Stafford, Julian Heatherich and Benson Zhou Savills Australia.

Commo.

https://www.commo.com.au/news/2020/04/17/manly-service-station-sold-72-million/1587104931

Manly service station sold for $7.2 million

A service station anchored by Jasbe Petroleum in Manly has sold to a private investor for $7.2 million in a deal negotiated by JLL's Dylan McEvoy, Gordon McFadyen and Peter Seeto.

Commo.