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CPD halved and self-funded from 2026: Government releases recommendations - REIWA

The annual CPD requirement for the real estate industry would be halved to five points from 2026, as part of a new self-funded model announced by the State Government.

Queensland (Qld)

Politics

Body corporate reforms strike the right balance, says REIQ

The Real Estate Institute of Queensland (REIQ) is commending changes to a number of contentious body corporate matters that were previously placed in the “too hard basket”, and have now been bought into line with modern community expectations.

Victoria (Vic.)Melbourne

Featured Property

YarraBend Alphington rooftop sub-penthouse for sale - The Agency

307/37 Mills Boulevard Alphington for sale by Malinda Martin of The Agency has been fully customised as an entertainers’ dream within sought-after riverside environs.

New South Wales (NSW)Sydney

The Economy

Sydney has the highest luxury residential rental growth out of 10 global cities measured by Knight Frank

Sydney has the highest luxury residential rental growth out of 10 global cities measured by Knight Frank, according to the latest research from Knight Frank.

New South Wales (NSW)Sydney

Featured Property

Architecturally redesigned Palm Beach for sale with northerly views - LJ Hooker

95 Pacific Road Palm Beach for sale by BJ Edwards and David Edwards of LJ Hooker Palm Beach offers one the most exclusive settings in Palm Beach.

New South Wales (NSW)Sydney

Featured Property

22.5-acre Mount White Ashland for auction - Sotheby’s

151 Ashbrookes Road Mount White for sale by Annette Pinkerton, David Medina and James McCowan of Byron Bay Sotheby’s International Realty features a separate cottage offering the potential for two rental incomes.

Western Australia (WA)Perth

The Economy

Perth’s vacancy rate remains stable - REIWA

Perth’s vacancy rate held steady at 0.7 per cent in October, according to REIWA data.

Queensland (Qld)Brisbane

People

No greater satisfaction than working for yourself: One of Tarragindi’s best launches with UrbanX

Burrell Property Group has launched, making top performing Tarragindi agent, Jonah Burrell’s mission of running his own business a reality, made possible through his partnership with UrbanX.

National Victoria (Vic.)Melbourne

The Economy

Melbourne-led recovery sees auction volumes across combined capitals rebound 32.5% - CoreLogic

After hosting a quieter auction market the week prior (2,023), a Melbourne-led recovery saw the number of auctions across the combined capitals rebound 32.5% last week.

National

The Economy

John McGrath – Biggest migration surge in history impacting the market

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we are definitely seeing the impact of increased migration and a return of foreign investors in the property market this Spring season.

Pages

News Roundup

https://www.thebusinessconversation.com.au/property/992-coramba-road-karangi-2450/general-store-licensed-post-office-opportunity-karangi-nsw

General Store & Licensed Post Office opportunity: Karangi NSW

General store, Post Office, and coffee sales with a big opportunity for food upside with an approved commercial kitchen. For sale by Kel Gibson of The Edge Coffs Harbour.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/11/22/belmore-hotel-sold-50-million-through-htl-property/1574390464

Belmore Hotel sold for $50 million through HTL Property

HTL Property agents Dan Dragicevich and Andrew Jolliffe have overseen the sale of Sydney's Belmore Hotel to former Sydney Lord Mayor and highly regarded philanthropist, Nelson Meers AO.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2019/11/21/sunshine-coast-industrial-park-property-sold-131-million/1574286323

Sunshine Coast Industrial Park property sold for $13.1 million

State Director of Savills, Scott Gardiner is believed to have facilitated one of the biggest industrial sales in Sunshine Coast history.

The Industrialist

https://www.thehotelconversation.com.au/news/2019/11/21/mantra-epping-track-become-icon-north/1574312434

Mantra Epping on track to become an 'icon of the north'

Accor's new $80 million Mantra hotel development is fast becoming one of the biggest drawcards of the northern suburbs, according to Too Build Managing Director Tom Wilson

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/11/21/international-business-awards-honor-synxsole-ceo-rachael-ferguson/1574307192

International Business Awards honor Synxsole CEO Rachael Ferguson

Named Female Entrepreneur of the Year in the Asia, Australia and New Zealand category, Rachael Ferguson said, “In New York, I was surrounded by inspiring women who encourage each other to follow their dreams because we are all in this together.”

The Business Conversation

https://www.commo.com.au/news/2019/11/20/cottesloe-continues-buck-retail-trends-report/1574223562

Cottesloe continues to buck retail trends: report

The fashion hub of Napoleon Street in Cottesloe has continued its strong retail performance, according to Ray White's latest Between the Lines commercial research.

Commo.

https://www.theaseandeveloper.com/news/2019/11/11/mirvac-launches-new-ashford-residences-everton-park/1573439452

Mirvac launches new Ashford Residences at Everton Park

Property group releases the first stage of its highly anticipated residential development located just seven kilometres from Brisbane’s CBD.

The ASEAN Developer

https://www.thebusinessconversation.com.au/news/2019/11/20/could-aussie-design-put-end-plastic-shopping-bags-and-retailer-trolley-woes

BUSINESSES NOV 20, 2019 Could this Aussie design put an end to plastic shopping bags and retailer trolley woes?

Perth woman Jeanne O’Donnell created personal trolley Shoppa Cart after becoming frustrated at the need to pack reusable shopping bags for her twice-weekly grocery shop.

The Business Conversation