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Undersupply of housing impacts affordability

Housing affordability decreased in 2023, driven by a simultaneous increase in housing values, rent values and interest rates, a new report by ANZ and CoreLogic has found.

Queensland (Qld)Gold Coast

Featured Property

Eco-luxury Tallebudgera Valley for sale - PRD

33 Monday Drive Tallebudgera Valley for sale by John Fischer and Shelley Watkins of PRD Burleigh Heads delivers a showstopping masterclass of modern eco-luxury.

National

The Economy

Softest capital city preliminary clearance rate since mid-March, an early sign of weaker conditions ahead - CoreLogic

Capital city auction activity held relatively steady last week, with 2,972 homes auctioned across the capitals, easing slightly from the 2,990 held the week prior.

Queensland (Qld)Gold Coast

Featured Property

Burleigh Heads waterfront Koala Park for sale - Sotheby’s

32 Elanora Drive Burleigh Heads for sale by Scott Keatley of Queensland Sotheby’s International Realty is positioned in a prestigious waterfront location with direct access to Tallebudgera Creek and Coral Sea.

National

The Economy

REIA urges tenants to negotiate ‘mutual agreements’ as vacancies plummet

Real Estate Institute of Australia (REIA) President, Mr Hayden Groves has urged tenants to seek out ‘Mutual Agreements’ with property managers if they require changes to a property.

National

The Economy

Top 10 Predictions for 2024 for Australian housing markets by Ray White Group Chief Economist

As we head into 2024, what does the future hold for residential property in Australia? by Nerida Conisbee Ray White Group Chief Economist

National

The Economy

John McGrath – Melbourne market rebounding but buyers have time

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, Melbourne market’s best days may well lie ahead.

New South Wales (NSW)

People

LJ Hooker celebrates a half-century milestone in the Lake Macquarie region

One of LJ Hooker’s oldest offices - now owned by one of its youngest principals - is set to commemorate an incredible 50 years in business.

Queensland (Qld)Sunshine Coast

People

Lifestyle Realty Launches: Empowering two of the Sunshine Coast’s best to work to their strengths.

With a shared passion for people and property, real estate experts Andrew Hansen and Rob Anderson proudly announce the launch of Lifestyle Realty, in partnership with UrbanX.

National

People

A Better View of the Future. Leading Agent Makes the Best Move, Launching Bayvue Property

After honing her expertise in real estate for 13 years, Wendy Brennan has made a pivotal decision—to forge her own path and launch Bayvue Property, powered by UrbanX.

Pages

News Roundup

https://www.thebusinessconversation.com.au/property/shop-4-dalmeny-2546/time-sea-change-south-coast-caf%C3%A9-sale

Time for a sea change? South Coast Café for sale

Delivering meals and beverages with extensive views of Dalmeny Beach, SeaSalt Café is for sale by Dee Cramb of Clearwater Real Estate.

The Business Conversation

https://www.theaseandeveloper.com/news/2020/01/14/training-job-everything-get-know-andrew-burke-ray-white-commercial-queensland

'Training on the job is everything' : Get to know Andrew Burke from Ray White Commercial Queensland

Ray White Special Projects Queensland Associate Director Andrew Burke reflects on a real estate journey that has stretched as far as Hong Kong and Singapore.

ASEAN Developer

https://www.commo.com.au/news/2020/01/23/brisbane-and-perth-buck-national-office-downturn-finish-2019-high-report/1579733505

Brisbane and Perth buck national office downturn to finish 2019 on a high: report

The Brisbane and Perth office markets managed to finish 2019 with some momentum, recording above-trend net absorption in latest figures from JLL.

Commo

https://www.thehotelconversation.com.au/news/2020/01/24/new-zealands-huka-lodge-sold-us-investment-fund/1579840174

New Zealand's Huka Lodge sold to US investment fund

KSL Capital Partners has announced it will acquire New Zealand's Huka Lodge in a deal negotiated by JLL Hotels and Hospitality Senior Vice President Tom Gibson.

The Hotel Conversation

https://www.commo.com.au/news/2019/12/05/sydney-office-building-sold-9275-million/1575494862

Sydney office building sold for $92.75 million

A Darlington office property on the fringe of Sydney city has sold for $92.75 million in a deal negotiated by CBRE’s Harry George, in conjunction with Tom Speakman and Matt Davoren Mercer Property.

Commo.

https://www.thebusinessconversation.com.au/news/2019/12/05/santas-sleigh-will-be-lighter-year-aussies-look-gift-cards-bag-bargain/1575513829

Santa's sleigh will be lighter this year as Aussies look to gift cards to bag a bargain

Almost half of the Australian shoppers surveyed will be buying Gift Cards for Christmas presents this year, so recipients can spend big in the sales.

The Business Conversation

https://www.thehotelconversation.com.au/news/2019/12/05/leasehold-botany-view-hotel-newtown-sold-balmain-hotel-publican/1575516914

Leasehold of Botany View Hotel in Newtown sold to Balmain Hotel publican

The leasehold of the Botany View Hotel in Newtown has been sold to Balmain Hotel proprietor Justin Small in a deal negotiated by Kate MacDonald and Ben McDonald CBRE Hotels.

The Hotel Conversation

https://www.therealestateconversation.com.au/blog/steve-waters/how-dodgy-sale-advertising-could-cost-you-dollars/real-estate-opinion-australia

New international hotel-branded apartments to open in Melbourne

A new wave of luxury living has been unveiled in Melbourne as eco-luxury brand 1 Hotel & Homes makes its Australian debut at Riverlee’s Seafarers project.

The Hotel Conversation