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Sale volumes across the majority of Australia’s smaller state capitals exceed historic averages - CoreLogic

CoreLogic’s February Housing Chart Pack highlights that sale volumes across Brisbane, Adelaide, Perth, and Darwin currently exceed historic-averages.

National

People

Professionals’ first all-state promotion generates huge boost

The first all-state national campaign staged by Professionals Real Estate generated a massive boost of almost 3,000 new leads, ensuring the network ended 2023 on a high.

McGrath highlights Toowoomba market with new office

McGrath Estate Agents shows continued confidence in the South East Queensland property market with a new office in Toowoomba, Australia’s second largest inland city, just 90 minutes from Brisbane.

National

REIA cautions Albanese Government on deterring housing investment

The Real Estate Institute of Australia (REIA) has issued a cautionary note to the Albanese Government regarding its recent tax announcement, expressing concern over the potential ramifications of making housing investment less appealing.

National

The Economy

John McGrath – Investors are back and looking further afield

Among the active buyers in today’s market is a rising number of investors says John McGrath, Chief Executive Officer of McGrath Estate Agents. New figures from the Australian Bureau of Statistics (ABS) show the value of investor loans has risen by 20.4% over the past 12 months in seasonally adjusted terms.

National

The Economy

CoreLogic Auctions | it looks like the year has started with a much better fit between buyer and seller pricing expectations

The Corelogic preliminary auction results and weekend market summary for 11 February 2024 revealed the capital city clearance rate rose to 76.2%, the highest preliminary clearance rate since the first week of June last year, said CoreLogic research director, Tim Lawless.

Queensland (Qld)Brisbane

Featured Property

Robin Dods designed 1907 Clayfield Queenslander for sale - Place

Rangemoor 165 Adelaide Street East Clayfield for sale by Heath Williams of Place New Farm offers a testament to timeless elegance and architectural grandeur.

Queensland (Qld)Gold Coast

People

The Agency welcomes new offices in South-East Queensland

The Agency Managing Director and CEO Geoff Lucas said a centralised hub has been opened in Surfers Paradise as well as the Kirra at the Southern end of the Gold Coast.

Victoria (Vic.)

Featured Property

Clifftop Mount Eliza mansion for sale - Marshall White

4 Denistoun Avenue Mount Eliza for sale by Adrian Calcedo and Alan Crawford of Marshall White Mornington Peninsula delivers palatial Victorian style elegance with a resort lifestyle.

New South Wales (NSW)

Featured Property

Boutique 123-acre South Coast landholding sold by Cullen Royle

70 Toolijooa Road Gerringong sold by Deborah Cullen and Richard Royle of Cullen Royle attracted a "huge" amount of interest in the coastal country lifestyle.

Pages

News Roundup

https://www.thebusinessconversation.com.au/news/2020/02/28/icons-gin-2020-honours-australian-distiller/1582852531

Icons Of Gin 2020 honours Australian Distiller

Adelaide Hills Distillery has generated global interest, winning 'Distiller Of The Year' for distiller Sacha La Forgia in London.

The Business Conversation

https://www.thehotelconversation.com.au/news/2020/02/27/quarrymans-hotel-sells-auction/1582770631

Quarryman's Hotel sells before auction

Hotel industry stalwart Colin Parras buys back into the market by purchasing Pyrmont pub, through Sam Handy and Dan Dragicevich of HTL Property and Mike Wheatley of Knight Frank Hotels.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/02/27/meet-aussie-teamwear-company-giving-red-card-plastic-pollution/1582758840

Meet the Aussie teamwear company giving a red card to plastic pollution

Perth-based Mecca Sports produces sportswear made from recycled plastic, offering teams the chance to reduce the carbon footprint of their uniforms.

The Business Conversation

https://www.commo.com.au/news/2020/02/27/liverpool-office-building-sold-525-million/1582759572

Liverpool office building sold for $52.5 million

A commercial office asset has become Liverpool's highest ever property transaction after being sold to Chinese investors for $52.5 million in a deal negotiated by Ray White Commercial Western Sydney, in conjunction with Colliers International.

Commo.

https://www.thehotelconversation.com.au/2020/02/26/why-sydney-hotels-are-spruce-mode-says-jll/1582711771

Why Sydney hotels are in spruce-up mode, says JLL

Hotel operators rethink strategies on when best to refit, report by JLL Hotels.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/02/26/cosboa-launches-push-attract-more-women-small-business/1582707322

COSBOA launches push to attract more women into small business

Scheduled to tour over one hundred schools around the country, COSBOA's series of entrepreneurial workshops for young women aims to increase the number of female business leaders in Australia.

The Business Conversation

https://www.commo.com.au/news/2020/02/26/port-coogee-childcare-centre-sold-71-million/1582663350

Port Coogee Childcare Centre sold for $7.1 million

A brand new purpose-built childcare centre in North Coogee on the WA coast has sold off-market to a syndicate arranged by Perdaman for $7.1 million in a deal negotiated by Savills Australia's Barney Dear.

Commo.

https://www.thebusinessconversation.com.au/news/2020/02/25/smart-research-small-law/1582583942

Smart research for small law

This new opportunity for the small law market to invest in verified legal research will provide additional assurance to clients and take the burden out of manual knowledge work.

The Business Conversation