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Australian Capital Territory (ACT)Canberra

SCA (ACT) Calls for Strata Commissioner at 2024 Election

Strata Community Association (ACT) has released its election platform for the strata sector ahead of the 2024 Australian Capital Territory (ACT) General Election, calling all parties to back the call for a dedicated strata commissioner and legislative reform - Receives Early Support from The Greens.

New South Wales (NSW)Sydney

Featured Property

Private Mosman estate Kilgreggan for sale - Atlas

46 Parriwi Road Mosman for sale by Michael Coombs and Priscilla Ouvrier of Atlas Lower North Shore is a two-title property with spectacular water views.

National

People

Joint taskforce as REIA and REINZ work on historic auctioneering review

The Australasian Auctioneering Championships (AUSTROS) are marking their 21st competition cycle with a significant new initiative.

Queensland (Qld)Brisbane

Featured Property

Place sells ‘Griffith on Griffith’ full-floor New Farm riverfront for $6.15m

2/9 Griffith Street New Farm sold by Sarah Hackett and Charmaine McDonald of Place New Farm is one of just six apartments within the boutique complex.

Queensland (Qld)Sunshine Coast

Featured Property

Secluded Sunshine Coast Forest Glen acreage for sale - The Agency

27 Dunkeld Court Forest Glen for sale by Dan Smith and Dale Woodhams of The Agency offers garden vistas from every room.

Queensland (Qld)Brisbane

Featured Property

Bespoke Owen Architecture Petrie Terrace for sale - Place

100 Princess Street Petrie Terrace for sale by Andrew Cumming of Place Kangaroo Point is a newly built home designed for effortless indoor-outdoor living.

Western Australia (WA)

The Economy

South-West markets led the way in the June 2024 quarter - REIWA

The South-West regional centres outpaced all other regional property markets in the June 2024 quarter, according to new data from REIWA.

Queensland (Qld)Gold Coast

The Economy

Gold Coast real estate now second most expensive in Australia

Gold Coast real estate no longer the daggy cousin of Sydney or Melbourne, the region now boasts the second most expensive median price in Australia – $1.17 million, says Nerida Conisbee, Chief Economist with Ray White.

National

The Economy

John McGrath – Why are apartment values rising faster than houses?

Over the past three months, apartments have recorded higher price growth than houses in every capital city except Darwin and Canberra, which both have higher levels of supply at the moment says John McGrath, McGrath Estate Agents CEO.

International

The Economy

Sydney again records the highest prime annual rental growth out of 15 global cities - Knight Frank

Knight Frank has released its Prime Global Rental Index (PGRI) Q2 2024; the research provides a quarterly snapshot of trends in luxury lettings markets across 15 key world city markets.

Pages

News Roundup

https://www.theindustrialist.com.au/news/2020/06/11/tauranga-industrial-property-sold-45-nz1777m-bayleys/1591859070

Tauranga industrial property sold 4.5% for NZ$1.777m Bayleys

A standalone industrial property in the Tauriko Business Estate has been sold for $1.777 million through Mark Walton and Myles Addington from Bayleys Commercial.

The Industrialist

https://www.theaseandeveloper.com/news/2020/06/15/south-east-victorian-housing-estate-sets-pricing-record-after-being-sold-yield-56

South-east Victorian housing estate sets pricing record after being sold at yield of 5.6 per cent through CBRE

Sunny Sand Residential Village, a coastal manufactured housing estate (MHE), has set a new pricing benchmark for the rapidly expanding Australian Social Infrastructure sector after being sold for a net yield of 5.6 per cent CBRE’s Healthcare & Social Infrastructure team of Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2020/06/16/daylesford%E2%80%99s-bellinzona-resort-sold-local-operators-through-jll/1592286443

Daylesford’s Bellinzona Resort sold to local operators through JLL

Daylesford’s historic Bellinzona Resort has sold to local accommodation operators Tony De Marco and Theresa Albioli in a deal negotiated by JLL Hotels & Hospitality Group’s Will Connolly and Nick MacFie.

The Hotel Conversation

https://www.theindustrialist.com.au/news/2020/06/11/tauranga-industrial-property-sold-45-nz1777m-bayleys/1591859070

Tauranga industrial property sold 4.5% for NZ$1.777m Bayleys

A standalone industrial property in the Tauriko Business Estate has been sold for $1.777 million through Mark Walton and Myles Addington from Bayleys Commercial.

The Industrialist

https://www.theaseandeveloper.com/news/2020/06/15/south-east-victorian-housing-estate-sets-pricing-record-after-being-sold-yield-56

South-east Victorian housing estate sets pricing record after being sold at yield of 5.6 per cent through CBRE

Sunny Sand Residential Village, a coastal manufactured housing estate (MHE), has set a new pricing benchmark for the rapidly expanding Australian Social Infrastructure sector after being sold for a net yield of 5.6 per cent CBRE’s Healthcare & Social Infrastructure team of Sandro Peluso, Josh Twelftree, Jimmy Tat and Marcello Caspani-Muto.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2020/06/15/aha-appointed-lead-ir-reform-accommodation-sector-following-covid-19/1592200019

AHA appointed to lead IR reform in accommodation sector following COVID-19

The Australian Hotels Association (AHA) has been appointed by the federal government as the peak hospitality and accommodation industry body to lead the sector’s contribution and guidance in two key working groups tasked with overhauling Australia’s industrial relations system.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2020/06/15/reiv-coronavirus-land-tax-relief-system-disadvantages-commercial-property-owners

REIV: Coronavirus Land Tax relief system disadvantages commercial property owners

REIV President Leah Calnan said the current system places commercial property owners at the mercy of tenants to apply for COVID tax relief.

The Business Conversation

https://www.commo.com.au/news/2020/06/15/north-bondi-mixed-use-freehold-property-sold-254-million-through-mcgrath-and

North Bondi mixed-use freehold property sold for $25.4 million through McGrath and Colliers International

A mixed-use freehold asset at 286 -294A Campbell Parade, North Bondi has been sold at auction for $25.4 million following a sales campaign by William Manning of McGrath and Miron Solomons and Matt Pontey from Colliers International.

Commo