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John McGrath – More women buying real estate

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, the Australian property market continues to demonstrate strength and resilience this Spring season.

National

The Economy

House building material costs stabilise - HIA

“The cost of house building materials was unchanged in the September Quarter 2023, for the first time since before the pandemic,” stated HIA Senior Economist Tom Devitt.

National

The Economy

REIA to convene roundtable of Australia’s Property Management Leaders

The Real Estate Institute of Australia (REIA), on behalf of our Real Estate Institutes, will next week (1 November 2023) convene a REIA National Property Management Roundtable (the Roundtable) to discuss the issues that matter and make an industry wide action plan for property management over 2024.

Queensland (Qld)Brisbane

Featured Property

Newly completed Palm Springs inspired Nundah for sale - Place

92 Cavendish Street Nundah for sale by Drew Davies and Bryce Osborne of Place Ascot offers luxuriously expansive indoor and outdoor living.

Queensland (Qld)Brisbane

Featured Property

Verandah House architectural Brisbane city fringe for sale - Place

20 Dart Street Auchenflower for sale by Simon Wheelans of Place West and Ann-Karyn Fraser of Place New Farm features Brisbane city views and swimming pool that runs the full length of the home.

Queensland (Qld)

Politics

Reformed property laws significantly shaped by peak body - REIQ

The Real Estate Institute of Queensland (REIQ) has welcomed the passing of new modernised property laws yesterday, but has warned that some concerning impractical and ambiguous provisions remain.

National

The Economy

Super Saturday event sees 3,500+ homes scheduled for auction - CoreLogic

After an early start to the spring selling season, a ‘super Saturday’ event is set to see capital city auction activity skyrocket this week (3,522), with Sydney, Melbourne, Brisbane and Canberra all expecting their busiest auction weeks of the year-to-date.

National

The Economy

Shortage of skilled trades people remains acute - HIA

The HIA Trades Report released today provides a quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry.

New South Wales (NSW)

Featured Property

Rose Deo's 34-acre Byron region equestrian estate for sale - Cullen Royle

44 Rishworths Lane Brooklet for sale by Deborah Cullen and Richard Royle of Cullen Royle is an exclusive country estate close to Newrybar village.

New South Wales (NSW)Sydney

Featured Property

Bespoke 1,360 sqm Bellevue Hill auction - Laing+Simmons

17-19 Vivian Street Bellevue Hill for sale by D’Leanne Lewis of Laing+Simmons Double Bay features 2 self-contained guest apartments and views across Sydney Harbour to Manly.

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News Roundup

https://www.thehotelconversation.com.au/news/2019/11/04/hickory-sees-20-cent-growth-across-hotels-sector-business/1572822963

Hickory sees 20 per cent growth across hotels sector of business

Hickory announces strong year on year growth in hotel construction with six hotel projects now at various stages of completion delivering a total of 1,308 keys.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/11/04/hickory-sees-20-cent-growth-across-hotels-sector-business/1572822963

Hickory sees 20 per cent growth across hotels sector of business

Hickory announces strong year on year growth in hotel construction with six hotel projects now at various stages of completion delivering a total of 1,308 keys.

The Hotel Conversation

https://www.thebusinessconversation.com.au/property/phillip-street-parramatta-2150/parramatta-licensed-cafe-restaurant-opportunity

Parramatta Licensed Cafe Restaurant opportunity

Take over this partly fitted out licensed Cafe/Restaurant business in a top CBD location. For sale by Laky Koumpridis of Raine & Horne Commercial Parramatta.

The Business Conversation

https://www.theaseandeveloper.com/properties/2019/11/04/green-light-new-78-million-luxury-development-bokarina-beach-sunshine-coast

Green light for new $78 million luxury development at Bokarina Beach, Sunshine Coast

RGD Prestige has announced development approval of its new project, Seanna Residences, located in the $5 billion oceanside community on the Sunshine Coast.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/11/01/regional-pub-market-overdrive-says-htl-property/1572565526

Regional pub market in overdrive, says HTL Property

Investors looking further afield in search of prime pub assets drive regional sales surge due to limited availability of stock in Metropolitan and Coastal centres.

The Hotel Conversation

https://www.thebusinessconversation.com.au/property/8265-shute-harbour-rd-airlie-beach-4802/cooks-bar-and-grill-airlie-beach-lagoon-caf%C3%A9-sale

Cook's Bar and Grill: Airlie Beach Lagoon café for sale

This highly rated café serves global cuisine in a picturesque location. For sale by Steve Marks of Ray White Whitsunday Cannonvale.

The Business Conversation

https://www.theaseandeveloper.com/news/2019/11/01/two-prime-sites-now-sale-bayside-melbourne-generate-strong-buyer-interest/1572568474

Two prime sites now for sale in bayside Melbourne generate strong buyer interest

Two adjoining landholdings in Cheltenham represent a rare opportunity to secure one or both prime development sites with numerous development options, says Savills.

The ASEAN Developer

https://www.commo.com.au/news/2019/10/31/bidding-frenzy-eastwood-retail-asset-smashes-7-million/1572484132

Bidding frenzy as Eastwood retail asset smashes $7 million

More than 150 people line the streets to participate in an incredible auction which saw bidding begin at over $3 million before more than doubling to final sale price all in 15 minutes.

Commo.