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Want to be wealthy? What real estate agents can learn from these three Aussie billionaires

UrbanX reviews the advice from three of Australia’s wealthiest people and how their advice can be applied to real estate.

Victoria (Vic.)Melbourne Brighton

Featured Property

Last opportunity Brighton Dendy Residences penthouse for sale - Kay & Burton

4/2D Dendy Street Brighton for sale by Will Maxted, Jamie Driver and Angie Swindon of Kay & Burton is minutes from Brighton Beach and its iconic bathing boxes.

Victoria (Vic.)

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.

Pages

News Roundup

https://www.retalkmena.com/2019/06/13/dubai-house-price-declines-145-cent-annually-may-2019-property-monitor-house/1560399326

Dubai house price declines by 14.5 per cent annually in May 2019 - Property Monitor House

Real estate data platform Property Monitor has released its Dubai House Price Index for May 2019, revealing an annual decline of 14.5 per cent and 1.5 per cent month-on-month.

RE Talk MENA

https://www.thehotelconversation.com.au/properties/2019/06/12/toberua-island-resort-fiji-hotel-sale-chester-rendell-new-zealand-sotheby%E2%80%99s

Toberua Island Resort Fiji hotel for sale

The 16 bure Toberua Island Resort on five acres of freehold land in Fiji is for sale, located just off the eastern side of the main island of Viti Levu.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/06/12/simon-mcgrath-named-year%E2%80%99s-queen%E2%80%99s-birthday-honours-list/1560329041

Simon McGrath named in this year’s Queen’s Birthday Honours List

Simon McGrath, Accor’s Chief Operating Officer for the Pacific, has been named in this year’s Queen’s Birthday Honours List as a Member of the Order of Australia (AM).

The Hotel Conversation

https://www.commo.com.au/news/2019/06/12/zenith-office-towers-sold-4382-million/1560331446

Zenith office towers sold for $438.2 million

Centuria Property Funds and a private fund managed by BlackRock have sold The Zenith, Chatswood to Starwood Capital and Arrow Capital Partners for $438.2 million.

COMMO

https://www.thebusinessconversation.com.au/news/2019/06/12/nsw-offers-more-7-million-grants-boost-recycling-research-and-innovation/1560288756

NSW offers more than $7 million in grants to boost recycling, research and innovation

Previous grants have diverted thousands of tonnes of waste from landfill, reshaping the waste and recycling industry in NSW.

The Business Conversation

https://www.commo.com.au/news/2019/06/11/gold-coast-medical-centre-sold-65-million/1560232467

Gold Coast medical centre sold for $6.5 million

A new medical and convenience-based retail centre in Pimpama has sold to a local investor for $6.5 million

COMMO

https://www.theindustrialist.com.au/news/2019/06/11/hawley-products-nails-new-spot-sydney%E2%80%99s-north-west/1560227859

Hawley Products nails new spot in Sydney’s north-west

Nail and beauty distribution giant Hawley Products has inked a five-year lease on a new industrial facility in Sydney’s north-west.

The Industrialist

https://www.thehotelconversation.com.au/news/2019/06/10/ramada-wyndham-playford-hotel-open-adelaide/1560161485

Ramada by Wyndham Playford hotel to open in Adelaide

Wyndham Hotels & Resorts has expanded its footprint in South Australia with the signing of Ramada by Wyndham Playford, a stylish new property planned for the heart of Adelaide’s booming north.

The Hotel Conversation