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Seasonal new listings suffer as sellers hesitate - CoreLogic

Australia’s traditional peak property listing window is upon us. Every year during the first half of March – referred to as weeks nine to 11 on the calendar - there is a surge in listing activity. But not in 2023.

Victoria (Vic.)Melbourne

Featured Property

Powell and Glenn designed 2,963sqm Yarra riverfront for sale - Marshall White

Canopy House 2 Yarra Grove Hawthorn for sale by Marcus Chiminello and Nicole French of Marshall White offers a contemporary family estate with spectacular river outlooks.

New South Wales (NSW)Sydney

Featured Property

Blue Mountains estate for sale with heritage Sorensen gardens - Ray White Double Bay

The Braes 62-68 Grose Street Leura for sale by Nic Krasnostein and Elliott Placks of Ray White Double Bay features approx. 6 acres of European inspired landscaping.

New South Wales (NSW)

Design

Byron Bay: Australia’s coastal paradise gaining global attention

With pristine beaches, abundant natural beauty and a flourishing health and wellness scene, Byron Bay is a prestige property and holiday home co-ownership platform Ko has several luxury listings in the area.

REINSW: Rent bidding ban backfires

The NSW Government’s ban on agents from engaging in ‘rent bidding’ has had a counterproductive impact, according to the Real Estate Institute of NSW (REINSW), as tenants are not only now more aware that they can offer above the asking rent, they are increasingly doing so because they believe they must.

Queensland (Qld)Brisbane

Politics

Government intent on driving away investors, says REIQ

The Real Estate Institute of Queensland (REIQ) is calling on the Queensland Government to immediately withdraw its startling comments which dangerously put rent control on the table yet again.

Queensland (Qld)Gold Coast

People

From the AREC stage to centre stage. Find out which top-performing agent has launched his own business

From commercial fisherman to luxury million-dollar agent, Hanan Cawley is bringing a new era of excellence to the Gold Coast's real estate market.

New South Wales (NSW)Sydney

The Economy

Sydney ranks 6th out of 10 cities globally for luxury residential rental growth - Knight Frank

Sydney saw the sixth highest annual growth in luxury residential rents in 2022 out of 10 ranked global cities, according to the latest research from Knight Frank.

National

The Economy

REIA President urges owners to lease vacant properties

REIA President has urged Australians holding vacant properties to consider putting them into the rental pool as the winter months approach.

National

The Economy

Second busiest auction week, year-to-date says CoreLogic

According to Caitlin Fono, Research Analyst of CoreLogic, preliminary capital city clearance rates slip following a further rise in interest rates.

Pages

News Roundup

https://www.commo.com.au/news/2019/02/22/new-adelaide-office-tower-set-transform-cbd/1550793632

New Adelaide office tower set to 'transform' CBD

South Australia's Kyren Group broke ground on a 14-level office tower in Adelaide's CBD this week, with the building set to be leased by Savills Australia’s Adam Hartley and Zandra McGee.

COMMO

https://www.theaseandeveloper.com/news/2019/02/21/priority-list-reflects-changing-needs-infrastructure-australia/1550725231

Priority list reflects 'changing needs' - Infrastructure Australia

Infrastructure Australia has released its 2019 Infrastructure Priority List, covering 121 projects across the country.

The ASEAN Developer

https://www.retalkmena.com/news/2019/02/21/dubais-airbnb-market-worth-over-us101-million/1550717855

Dubai's Airbnb market worth over US$101 million

A new report by Chestertons MENA reveals 2018 saw a year-on-year increase of 69 per cent in market revenues with the Airbnb market now generating over US$101 million in the Emirate.

RETalk Mena

https://www.thehotelconversation.com.au/news/2019/02/20/pub-buyers-moving-north-queensland-power-jeffrey-co-cbre-hotels/1550631295

"Pub buyers moving north into Queensland" - Power Jeffrey & Co, CBRE Hotels

Two leading Queensland pub brokers have noted strong interstate interest in pub and hotel assets in order to capitalise on attractive yields and Queensland's growing tourism sector.

The Hotel Conversation

https://www.thehotelconversation.com.au/news/2019/02/20/doubletree-hilton-expands-asia-pacific/1550635149

DoubleTree by Hilton expands in Asia Pacific

Sustaining its tremendous growth into 2019, DoubleTree by Hilton will expand its footprint around the world, with nearly half of its 200 planned hotels located in the Asia Pacific region.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/02/21/ato-commits-its-support-small-business-mental-health/1550695309

ATO commits its support to small business mental health

If managing debt levels is contributing to stress for your small businesses, the ATO offers a range of resources to help.

The Business Conversation

https://www.commo.com.au/news/2019/02/20/another-decrease-vacancy-rates-highlights-perth-industrial-market-improvement-knight

Another decrease in vacancy rates highlights Perth industrial market improvement - Knight Frank

Perth’s industrial market continues to improve with confidence and expectations at levels unseen for several years, according to Knight Frank’s latest research report.

COMMO

https://www.thehotelconversation.com.au/news/2019/02/20/new-zealands-hamilton-airport-hotel-be-refurbished-year/1550611622

New Zealand's Hamilton Airport Hotel to be refurbished this year

A multi-million dollar makeover of the Hamilton Airport Hotel will deliver a destination restaurant plus 4-star conference and accommodation facilities for the region.

The Hotel Conversation